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Veolia ES MRC

Active
Public limited companyfounded 1997active for 29 yearsMoerstraat 26, 2030 Antwerpen, BelgiumKBO/BCE: BE 0460.639.835
Summary

Veolia ES MRC has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €2.2m. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 20% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 15-04-1997 Normal situation
Activity
Waste collection, recovery and disposal activities NACE 38330and 1 other
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
142.04 Paritair Subcomité voor de terugwinning van allerlei producten · annual accounts 2025
Establishment units
2.190.640.575 2030 Antwerpen, since 01-01-2011
2.203.789.025 5020 Namur, since 01-07-2011
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • DEMISANManaging director · permanent representative Ivo De Vlieghere
  • BV Re-ducEDirector · since 21-09-2023 · permanent representative Bruno Arts
  • NV Sarp IndustriesDirector · since 18-04-2025
Auditor
Figurad Bedrijfsrevisoren BV
Shareholders
  • T.W.Z.· score 952025 annual accounts of T.W.Z.
  • Veolia Environnementannual accounts 2025

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Turnover
€26.9m
▲ 14.8%
Profit
€2.2m
▲ 20.9%
Equity
€2.0m
=
Total assets
€11.3m
▲ 9.8%
Employees on 31-12-2025
74
▼ 1.3%
Score breakdownraises riskLiquidity: current ratio 0.87Equity €2.0m (17.9% of total assets)Sector: Waste collection, recovery and disposal activities (NACE 38)lowers riskProfit of €2.2m (financial year 2025)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 42% of medium-sized companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Average
Solvency 43-2
equity 17.9% of total assets
Liquidity 11-2
short-term debt 81.6%
Profitability 80-5
return on assets 19.4%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (47 companies, NACE 38, medium-sized)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.5%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▼ -0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.8%● unchanged vs 05-2026highest value 07-2026: 0.8%● unchanged vs 06-2026highest value 08-2026: 0.8%● unchanged vs 07-2026highest value 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026highest value 11-2026: 0.8%● unchanged vs 10-2026highest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.87 (0.86 in 2024), below 1. Short-term debt is 81.6% of total assets. 82.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 38, medium-sized). It does better than 26% of them on solvency, 4% on liquidity, 79% on profitability and 59% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.87
NBB · annual accounts
raises risk · Equity €2.0m (17.9% of total assets)
NBB · annual accounts
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
lowers risk · Profit of €2.2m (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 280 sector peers (2025).
NBB · sector comparison
Position among 280 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 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
101 days early
2024
100 days early
2023
90 days early
2022
87 days early
2021
54 days early
2020
64 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 80 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 years of growth in a rowturnover 2025: €26.9m 7 years View
  • Positive: Higher net result than 90% of companies in waste collection and treatmentsector median €138,965 · 278 companies €2.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Reappointments: BV Demisan (managing director) and NV Sarp Industries (director)Permanent representatives: Ivo De Vlieghere, Jérôme Eloy and 2 others · Resignations: SA Sotrenor (director) and Betramin NV (director)
  2. · Gazette deed Reappointment: Figurad Bednjfsrevisoren BV (statutory auditor)
  3. · Gazette deed Appointment: Demisan BV (managing director)
All 16 events

Comparable companies

These companies have the same main activity as Veolia ES MRC: waste collection, recovery and disposal activities (NACE 38330). They are comparable in size and age: total assets between €8.6m and €22m, founded between 1987 and 2001.

CompanyTotal assetsTurnover
Veolia ES MRC Antwerpen€11.3m€26.9m
HECTOR VAN MOER EN ZONEN Beveren-Kruibeke-Zwijndrecht€15.5m€32.8m
RECYFUEL Engis€22.0m€30.2m
RECYDEL Liège€17.2m€45.4m
GROND RECYCLAGE CENTRUM Beveren-Kruibeke-Zwijndrecht€22.5m€25.0m
GEOCYCLE Nivelles€13.7m€24.1m
Sede Benelux Gembloux€8.6m€20.5m
Full comparison

Key facts about Veolia ES MRC

What is the company number of Veolia ES MRC?
The company number of Veolia ES MRC is 0460.639.835. The VAT number is the same number with BE in front: BE 0460.639.835.
Where is Veolia ES MRC based?
The registered office is at Moerstraat 26, 2030 Antwerpen.Company details
What does Veolia ES MRC do?
According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38330).
What is the legal form of Veolia ES MRC?
The legal form of Veolia ES MRC is Public limited company (NV).
When was Veolia ES MRC founded?
Veolia ES MRC was founded on 15-04-1997.
Is Veolia ES MRC still active?
Yes, Veolia ES MRC is an active enterprise in the KBO register.
How many employees does Veolia ES MRC have?
Veolia ES MRC had an average of 74.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Veolia ES MRC fall under?
In its 2025 annual accounts, Veolia ES MRC states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 142.04 (Paritair Subcomité voor de terugwinning van allerlei producten).
What is the turnover of Veolia ES MRC?
The turnover of Veolia ES MRC was €26.9m in financial year 2025, according to the filed annual accounts.
Is Veolia ES MRC profitable?
In financial year 2025, Veolia ES MRC made a profit of €2.2m.
Where can I find the annual accounts of Veolia ES MRC?
Veolia ES MRC filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Veolia ES MRC due?
Veolia ES MRC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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