ACTIVE

Veolia Environmental Services BE

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Financial year 2025 · Closed on 31/12/2025

Net result
2,3 M €
+247,8 %over 1 year
Revenue
260,8 M €
-0,2 %over 1 year
Equity
46,1 M €
+3,8 %over 1 year
Workforce
525,3 ETP
-2,8 %over 1 year

Identity

Source · BCE/KBO

Veolia Environmental Services BE is a Public limited company incorporated in 1986. Its main activity is: Collection of hazardous waste. Its registered office is in Saint-Gilles. It employs on average 525,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.531.449
Incorporation
07/02/1986
Legal form
Public limited company
Registered office
Boulevard Poincaré 78-79
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
44 054 922,40 €
Latest accounts
31/12/2025
Average workforce
525,3 ETP
Joint committees (8)
  • 121
  • 140
  • 14003
  • 14203
  • 14204
  • 200
  • 218
  • 226
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue260,8 M €261,4 M €286,4 M €285,9 M €274,9 M €
EBITDA9,8 M €4,7 M €13 M €8 M €20,5 M €
Operating result3 M €-1,4 M €8,7 M €4,5 M €13,8 M €
Net result2,3 M €-1,6 M €4,6 M €2 M €6,2 M €
Balance sheet
Equity46,1 M €44,4 M €47,8 M €47,6 M €46,9 M €
Total assets113,6 M €106,5 M €134,2 M €115,8 M €113,1 M €
Cash336,6 €749,6 €406,6 €877,4 €1,1 k €
Debts66,9 M €61,1 M €85,3 M €66,5 M €63,1 M €
Other
Workforce525,3 ETP540,5 ETP584,6 ETP574,1 ETP623,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 31 ended

Active mandates

Marc Das

Director · since 14 juin 2021 · until 14 juin 2027

Active
Philippe Tychon

Chairman of the board of directors · since 10 juin 2019 · until 09 juin 2031

Active
Steven Verbraecken

Director · since 01 septembre 2014 · until 09 juin 2031

Active

Ended mandates

Eric Trodoux

Director · since 25 juin 2020 · until 13 juin 2022

Ended
Eric Trodoux

Director · since 25 juin 2020 · until 08 juin 2026

Ended
Eric Trodoux

Director · since 25 juin 2020 · until 25 juin 2026

Ended
Philippe Tychon

Chairman of the board of directors · since 10 juin 2019 · until 09 juin 2025

Ended

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Boulevard Poincaré 78-79 1060 Saint-Gilles
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VEOLIA-BESIX Environment Malmedy● Active
1008.670.039
VEOLIA ECOTEAM WASTE BE● Active
0846.189.594
Veolia Environmental Services Belux● Active
0403.316.397
VEOLIA NV-SA● Active
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Veolia Treatment & Recycling BE● Active
0459.711.605

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202611/07/202512/07/202424/07/202306/07/202230/06/2021
General meeting08/06/202609/06/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/06/202624/07/2026DutchPDF
Full model31/12/202508/06/202624/07/2026FrenchPDF
Full model31/12/202409/06/202511/07/2025DutchPDF
Full model31/12/202409/06/202503/07/2025FrenchPDF
Full model31/12/202310/06/202412/07/2024DutchPDF
Full model31/12/202310/06/202412/07/2024FrenchPDF
Full model31/12/202212/06/202324/07/2023FrenchPDF
Full model31/12/202212/06/202324/07/2023DutchPDF
Full model31/12/202113/06/202206/07/2022FrenchPDF
Full model31/12/202113/06/202206/07/2022DutchPDF
Full model31/12/202014/06/202130/06/2021DutchPDF
Full model31/12/202014/06/202130/06/2021FrenchPDF
Full model31/12/201925/06/202008/07/2020FrenchPDF
Full model31/12/201925/06/202007/07/2020DutchPDF
Full model31/12/201811/06/201904/07/2019DutchPDF
Full model31/12/201718/06/201829/06/2018DutchPDF
Full model31/12/201614/02/201816/03/2018DutchPDF
Full model31/12/201506/09/201722/09/2017DutchPDF
Full model31/12/201408/06/201531/07/2015DutchPDF
Full model31/12/201310/06/201426/06/2014DutchPDF
Full model31/12/201221/06/201331/07/2013DutchPDF
Full model31/12/201111/06/201216/07/2012DutchPDF
Full model31/12/201014/06/201112/07/2011DutchPDF
Full model31/12/200914/06/201020/07/2010DutchPDF

View all 27 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 31 ended

Active mandates

Marc Das

Director · since 14 juin 2021 · until 14 juin 2027

Active
Philippe Tychon

Chairman of the board of directors · since 10 juin 2019 · until 09 juin 2031

Active
Steven Verbraecken

Director · since 01 septembre 2014 · until 09 juin 2031

Active

Ended mandates

Eric Trodoux

Director · since 25 juin 2020 · until 13 juin 2022

Ended
Eric Trodoux

Director · since 25 juin 2020 · until 08 juin 2026

Ended
Eric Trodoux

Director · since 25 juin 2020 · until 25 juin 2026

Ended
Philippe Tychon

Chairman of the board of directors · since 10 juin 2019 · until 09 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares05/02/2025
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Capital / shares05/02/2025
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Capital / shares27/06/2024
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares27/06/2024
    CAPITAL, ACTIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,3 M €↑
  2. 10/06/2025
    reconductionPhilippe Tychon — bestuurder-voorzitter
  3. 10/06/2025
    reconductionSteven Verbraeken — bestuurder
  4. 10/06/2025
    reconductionPhilippe Tychon — administrateur-président
  5. 10/06/2025
    reconductionSteven Verbraeken — administrateur
  6. 10/06/2025
    nominationCarl Laschet — commissaire
  7. 31/12/2024
    reduction_capital
  8. 2024
    Annual accounts 2024-1,6 M €↓
  9. 01/01/2024
    apport
  10. 01/01/2024
    split
  11. 01/01/2024
    reduction_capital
  12. 01/01/2024
    augmentation_capital
  13. 2023
    Annual accounts 20234,6 M €↑
  14. 12/06/2023
    reconductionBDO Bedrijfsrevisoren — commissaris
  15. 12/06/2023
    reconductionBDO Réviseurs d'Entreprises — commissaire
  16. 2022
    Annual accounts 20222 M €↓
  17. 2021
    Annual accounts 20216,2 M €↑
  18. 2021
    Name changeVeolia Environmental Services BE
  19. 2020
    Annual accounts 20201,9 M €↑
  20. 2019
    Annual accounts 2019-7,3 M €↓
  21. 2019
    Name changeSUEZ R&R BE Services
  22. 2018
    Annual accounts 2018-1,5 M €↑
  23. 2017
    Annual accounts 2017-10,5 M €↑
  24. 2016
    Annual accounts 2016-20,2 M €↓
  25. 2016
    Name changeSUEZ R&R BE North
  26. 2014
    Annual accounts 2014-4,7 M €↓
  27. 2013
    Annual accounts 2013-3,5 M €↓
  28. 2012
    Annual accounts 2012579,4 k €↑
  29. 2010
    Annual accounts 201020,2 k €↑
  30. 2010
    Name changeSITA Waste Services
  31. 2009
    Annual accounts 2009-69,5 k €↑
  32. 2008
    Annual accounts 2008-185,1 k €↓
  33. 2007
    Annual accounts 200763 k €↓
  34. 2006
    Annual accounts 2006133 k €
  35. 2006
    Name changeSITA ECOSERVICE TRANSPORT
  36. 07/02/1986
    IncorporationPublic limited company