Financials
- Fiscal year
- 2025
- Turnover
- €216.2m
- Profit
- €136,381
- Solvency
- 16.6%
Turnover▲ 4.1%
Net result
20182025
VEOLIA NV-SA
ActiveSummary
VEOLIA NV-SA has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.9m and a net result of €136,381. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 20% of 540 sector peers (NACE 81, fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Combined facilities support activities
NACE 81100Other building cleaning and industrial cleaning NACE 81220
#2 company by total assets in Sint-Gillis, Administrative and support services sector12 sites
Size
€216.2mturnover 2025
- Staff
- 1,311.4 FTE
- Equity
- €23.9m
- Profit
- €136,381
Structure
- Parent
- Veolia Environnement S.A.
- Board
- 4 members
- Holdings
- 14
- Franck ArlenManaging director
Auditor: DELOITTE Bedrijfsrevisoren BVAccounts 7 days early125 of 126 deeds read
Why 81- Equity €23.9m (16.6% of total assets)- Sector Services to buildings and landscape activities (NACE 81)- 12 establishment units+ Legal form Public limited companyShow the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 81, large)
Financial strength · tick = 2024
Weak
Solvency
42+1
equity 16.6% of total assets
Liquidity
41-2
short-term debt 47.4% · cash 11.4%
Profitability
29+3
return on assets 0.1%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%highest value
12-2024: 2.1%● unchanged vs 11-2024highest value
01-2025: 2.1%● unchanged vs 12-2024highest value
02-2025: 2.0%▼ -0.1 percentage points vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 0.4%▼ -1.6 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025lowest value
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
Credit up to €1,900,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.36 in 2024; short-term debt: 47.4% and cash: 11.4% of total assets), and 83.4% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, large): better than 33% on solvency, 56% on liquidity, 12% on profitability and 45% on growth.
The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 540 sector peers (2025).
NBB · sector comparisonPosition among 540 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
20 days early
2023
5 days early
2022
5 days early
2021
19 days early
2020
1 day early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Resignation: Gavin Graveson (managing director and…Appointment: Richard Kirkman (managing director…
- Back to profitnet €136,381
Key points
- Positive: Back in profit in 2025after -€790,072 in 2024 €136,381 View
- Positive: Among the best 5% on equitysector median €617,784 · 540 companies €23.9m View
- Positive: 5 years of growth in a rowturnover 2025: €216.2m 5 years View
- EU supportawarded 2021 - 2025 €141.5m View
- Controlled by Veolia Environnement S.A.itself parent of 11 companies parent View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Board changedlatest change 19-05-2026 · 4 in office 1 joined · 1 left View
- Active since 1968founded 24-10-1968 57 years View
By topic
Board & ownership
- Board
- 4 members
- Parent
- Veolia Environnement S.A.
- Auditor
- DELOITTE Bedrijfsrevisoren BV
- Richard KirkmanManaging director
- BV Melchior WATHELETDirector
- SRL Melchior WATHELETDirector
- Philippe TYCHONDirector
Network & group
- Subsidiaries
- 11
- Holdings
- 14
- Connected companies
- 15
- Mergers and contributions
- 7
14 holdings
Timeline
- Events
- 84
- Since
- 2006
- Next accounts
- by 31-07-2027
- 13-08-2025Resignations: Nicolas Germond (managing director) and KPMG…
- 11-07-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 12
- Legal form
- Public limited company
- Activity
- Combined facilities support activitiesNACE 81100
- Founded
- 24-10-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De vennootschap heeft als doel, zowel in België ais in het buitenland, voor eigen rekening…
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