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 remains stable across the filed financial years (±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).

Risk analysisFollow Report Compare

Veolia ES MRCActiveChecked score 68/100

Risk analysis Report Compare

Activity

Waste collection, recovery and disposal activities

NACE 38330Waste collection, recovery and disposal activities NACE 38320

7th largest employer in the province of Antwerp, Waste collection and treatment sector2 sites

Size

€26.9mturnover 2025

Staff: 74.6 FTE
Equity: €2.0m
Profit: €2.2m

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

Parent: T.W.Z. · 100%

BV Re-ducEDirector · permanent representative Bruno Arts
DEMISANManaging director · permanent representative Ivo De Vlieghere
NV Sarp IndustriesDirector

Auditor: Figurad Bednjfsrevisoren BV2025 accounts 101 days early4 of 32 deeds summarised

Why 68raises 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 better than 42% of its sector peers (NACE 38, medium-sized)

Every signal that counts is listed under Signals.

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, 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 0.2% (47 companies, NACE 38, medium-sized)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 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

Credit of up to €130,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.87, compared with 0.86 in 2024, below 1; short-term debt: 81.6% of total assets), and 82.1% of the assets are financed with debt and provisions.

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 38, medium-sized): better than 26% on solvency, 4% on liquidity, 79% on profitability and 58% on growth.

The bankruptcy probability was computed on 29-10-2026 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 riskraises riskneutral

Liquidity: current ratio 0.87

NBB · annual accounts

Equity €2.0m (17.9% of total assets)

NBB · annual accounts

Sector: Waste collection, recovery and disposal activities (NACE 38)

KBO

Profit of €2.2m (financial year 2025)

NBB · annual accounts

Weak solvency vs 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 →

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

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

Searched, nothing found (2)

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 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-04-2026 Annual accounts filedfinancial year 2025 · full…
01-08-2025 Reappointments: BV Demisan (managing director) and…Permanent representatives: Ivo De Vlieghere…
22-04-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Positive: 7 years of growth in a rowturnover 2025: €26.9m 7 years View
Positive: Among the best 10% on net resultsector median €138,965 · 278 companies €2.2m View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by T.W.Z.ultimately: Veolia Environnement 100% View

By topic

Financials

Financial year: 2025
Turnover: €26.9m
Profit: €2.2m
Solvency: 17.9%

Turnover▲ 14.8%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: T.W.Z. · 100%
Auditor: Figurad Bednjfsrevisoren BV

BV Re-ducEDirector
DEMISANManaging director
NV Sarp IndustriesDirector

Go to Board & ownership

Network & group

Group: Veolia Environnement
Connected companies: 1

Go to Network & group

Timeline

Events: 34
Since: 1999
Next accounts: by 31-07-2027

23-09-2024Reappointment: Figurad Bednjfsrevisoren BV (statutory auditor)
02-05-2024Annual accounts filed
19-01-2024Appointment: Demisan BV (managing director)

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Waste collection, recovery and disposal activitiesNACE 38330
Founded: 15-04-1997
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 23

Annual meeting: First Friday of June at 17:00
Purpose: “Het ophalen,selectief ophalen,afvoeren,vervoeren,verwerken,sorteren,composteren,recycleren…” (deed in Dutch)

Go to Articles of association

Key facts about Veolia ES MRC

What is the company number of Veolia ES MRC?: 0460.639.835. In Belgium the VAT number is the company 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?: Public limited company (NV).
When was Veolia ES MRC 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?: On average 74.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Veolia ES MRC?: €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?: By 31-07-2027, for financial year 2026.Timeline