ACTIVE

Veolia Treatment & Recycling BE

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Financial year 2025 · Closed on 31/12/2025

Net result9,3 M €+46,0 %over 1 year
Revenue41,4 M €+28,4 %over 1 year
Equity15,5 M €-0,6 %over 1 year
Workforce45,2 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

Veolia Treatment & Recycling BE is a Public limited company incorporated in 1997. Its main activity is: Sewerage. Its registered office is in Saint-Gilles. It employs on average 45,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.711.605
Incorporation
06/01/1997
Legal form
Public limited company
Registered office
Boulevard Poincaré 78-79
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
11 452 000,00 €
Latest accounts
31/12/2025
Average workforce
45,2 ETP
Joint committees (3)
  • 14201
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue41,4 M €32,2 M €30,6 M €27,2 M €26,7 M €
EBITDA15,8 M €10,9 M €8,7 M €10,2 M €8,2 M €
Operating result12,4 M €8,1 M €6,3 M €7,9 M €6,4 M €
Net result9,3 M €6,4 M €4,7 M €5,9 M €4,8 M €
Balance sheet
Equity15,5 M €15,6 M €15,7 M €15,8 M €15,9 M €
Total assets44,9 M €35,6 M €36,9 M €31,8 M €27,6 M €
Cash821,3 k €734,1 k €636,2 k €23,4 k €1,8 k €
Debts23,7 M €16,6 M €16,8 M €12,7 M €9 M €
Other
Workforce45,2 ETP47,0 ETP42,0 ETP41,8 ETP39,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

Jérôme Waterkeyn

Director · since 27 juin 2025 · until 14 mai 2030

Active
Philippe TYCHON

Chairman of the board of directors · since 27 juin 2025 · until 14 mai 2030

Active
Marc DAS

Director · since 01 juin 2021 · until 11 mai 2027

Active

Ended mandates

Jérôme Waterkeyn

Director · since 28 juin 2024 · until 08 juin 2026

Ended
Eric TRODOUX

Managing director · since 25 juin 2020 · until 12 mai 2026

Ended
Philippe TYCHON

Director · since 04 juin 2020 · until 13 mai 2025

Ended
Philippe TYCHON

Director · since 04 juin 2019 · until 13 mai 2025

Ended

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Boulevard Poincaré 78-79 1060 Saint-Gilles
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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 date29/07/202611/07/202512/07/202424/07/202306/07/202221/06/2021
General meeting18/05/202627/06/202528/06/202430/06/202302/06/202201/06/2021
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 model31/12/202518/05/202629/07/2026DutchPDF
Full model31/12/202427/06/202511/07/2025DutchPDF
Full model31/12/202427/06/202503/07/2025FrenchPDF
Full model31/12/202328/06/202412/07/2024FrenchPDF
Full model31/12/202230/06/202324/07/2023FrenchPDF
Full model31/12/202102/06/202206/07/2022DutchPDF
Full model31/12/202102/06/202206/07/2022FrenchPDF
Full model31/12/202001/06/202121/06/2021FrenchPDF
Full model31/12/202001/06/202121/06/2021DutchPDF
Full model31/12/201925/06/202009/07/2020DutchPDF
Full model31/12/201925/06/202008/07/2020FrenchPDF
Full model31/12/201804/06/201907/08/2019FrenchPDF
Full model31/12/201804/06/201907/08/2019DutchPDF
Full model31/12/201728/06/201811/07/2018FrenchPDF
Full model31/12/201728/06/201811/07/2018DutchPDF
Full model31/12/201630/06/201714/09/2017FrenchPDF
Full model31/12/201529/06/201618/08/2016DutchPDF
Full model31/12/201529/06/201618/08/2016FrenchPDF
Full model31/12/201412/05/201530/07/2015FrenchPDF
Full model31/12/201313/05/201428/07/2014FrenchPDF
Full model31/12/201211/06/201319/06/2013FrenchPDF
Full model31/12/201106/06/201212/06/2012FrenchPDF
Full model31/12/201010/06/201113/07/2011FrenchPDF
Full model31/12/200911/05/201011/06/2010FrenchPDF

View all 27 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 28 ended

Active mandates

Jérôme Waterkeyn

Director · since 27 juin 2025 · until 14 mai 2030

Active
Philippe TYCHON

Chairman of the board of directors · since 27 juin 2025 · until 14 mai 2030

Active
Marc DAS

Director · since 01 juin 2021 · until 11 mai 2027

Active

Ended mandates

Jérôme Waterkeyn

Director · since 28 juin 2024 · until 08 juin 2026

Ended
Eric TRODOUX

Managing director · since 25 juin 2020 · until 12 mai 2026

Ended
Philippe TYCHON

Director · since 04 juin 2020 · until 13 mai 2025

Ended
Philippe TYCHON

Director · since 04 juin 2019 · until 13 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office24/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office24/03/2023
    SIEGE SOCIAL
    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 20259,3 M €↑
  2. 27/06/2025
    reconductionPhilippe Tychon — administrateur-président
  3. 27/06/2025
    nominationCarl Laschet — commissaire
  4. 27/06/2025
    reconductionPhilippe Tychon — bestuurder-voorzitter
  5. 27/06/2025
    nominationDeloitte Bedrijfsrevisoren BV — Commissaris
  6. 13/02/2025
    nominationMarie KOKOT — Chief Human Resources Officer (CHRO)
  7. 2024
    Annual accounts 20246,4 M €↑
  8. 28/06/2024
    nominationJérôme Waterkeyn — administrateur
  9. 28/06/2024
    nominationJérôme Waterkeyn — bestuurder
  10. 2023
    Annual accounts 20234,7 M €↓
  11. 2022
    Annual accounts 20225,9 M €↑
  12. 15/09/2022
    nominationKPMG Réviseurs d'Entreprises SRL — commissaire
  13. 10/05/2022
    nominationPhilippe Tychon — Voorzitter van de Raad van Bestuur
  14. 10/05/2022
    nominationPhilippe Tychon — Président du Conseil d'administration
  15. 31/03/2022
    nominationEric Trodoux — Voorzitter van de Raad van Bestuur
  16. 2021
    Annual accounts 20214,8 M €↑
  17. 2021
    Name changeVeolia Treatment & Recycling BE
  18. 2020
    Annual accounts 20201,4 M €↑
  19. 2019
    Annual accounts 2019577,8 k €↓
  20. 2018
    Annual accounts 2018741,1 k €↓
  21. 2017
    Annual accounts 20171,8 M €↑
  22. 2016
    Annual accounts 20161,1 M €↓
  23. 2016
    Name changeSUEZ Treatment & Recycling
  24. 2014
    Annual accounts 20142,5 M €↑
  25. 2014
    Name changeSITA Treatment & Recycling
  26. 2013
    Annual accounts 2013499,5 k €↓
  27. 2012
    Annual accounts 20122,3 M €↑
  28. 2011
    Annual accounts 2011798,4 k €↓
  29. 2010
    Annual accounts 20102,2 M €↑
  30. 2009
    Annual accounts 2009929,2 k €↓
  31. 2008
    Annual accounts 20081,3 M €↑
  32. 2007
    Annual accounts 20071,2 M €↑
  33. 2006
    Annual accounts 2006998,7 k €
  34. 2006
    Name changeSITA VALOMAC
  35. 06/01/1997
    IncorporationPublic limited company