VEOLIS
ActiveSummary
VEOLIS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €25k. Equity is shrinking by ~4.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+11
Solvency31▲+31
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11389 sector peers (2025).
NBB · sector comparisonPosition among 11389 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-03-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
53 d late
2024
25 d late
2023
89 d late
2022
120 d late
2021
491 d late
2020
856 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k
2024 · €-20k
2019: €-8k
2020: €-17k▼ -99.9% vs 2019
2021: €-19k▼ -14.5% vs 2020
2022: €-19k▲ +1.0% vs 2021
2023: €-26k▼ -35.5% vs 2022lowest in 7 years
2024: €-20k▲ +21.6% vs 2023
2025: €5k▲ +124% vs 2024highest in 7 years
2019 → 2025
Total assets
€85k▲ 154%
2024 · €33k
2019: €12k
2020: €13k▲ +1.8% vs 2019
2021: €10k▼ -18.7% vs 2020lowest in 7 years
2022: €19k▲ +86.4% vs 2021
2023: €28k▲ +47.1% vs 2022
2024: €33k▲ +18.3% vs 2023
2025: €85k▲ +154% vs 2024highest in 7 years
2019 → 2025
Net result
€25k▲ 348%
2024 · €6k
2019: €-8k
2020: €-8k▼ -7.0% vs 2019lowest in 7 years
2021: €-2k▲ +70.9% vs 2020
2022: €186▲ +108% vs 2021
2023: €-7k▼ -3713% vs 2022
2024: €6k▲ +182% vs 2023
2025: €25k▲ +348% vs 2024highest in 7 years
2019 → 2025
Working capital
€-22k▲ 36.6%
2024 · €-35k
2019: €-12khighest in 7 years
2020: €-20k▼ -70.2% vs 2019
2021: €-21k▼ -6.5% vs 2020
2022: €-23k▼ -10.7% vs 2021
2023: €-35k▼ -47.3% vs 2022
2024: €-35k▼ -1.2% vs 2023lowest in 7 years
2025: €-22k▲ +36.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-19k-€-19k▲ 1.0%€-26k▼ 35.5%€-20k▲ 21.6%€5k
2021: €-19k
2022: €-19k▲ +1.0% vs 2021
2023: €-26k▼ -35.5% vs 2022lowest in 5 years
2024: €-20k▲ +21.6% vs 2023
2025: €5k▲ +124% vs 2024highest in 5 years
Operating result€-2k-€662€-2k€7k€26k▲ 296%
2021: €-2klowest in 5 years
2022: €662▲ +131% vs 2021
2023: €-2k▼ -339% vs 2022
2024: €7k▲ +511% vs 2023
2025: €26k▲ +296% vs 2024highest in 5 years
Net result€-2k-€186€-7k€6k€25k▲ 348%
2021: €-2k
2022: €186▲ +108% vs 2021
2023: €-7k▼ -3713% vs 2022lowest in 5 years
2024: €6k▲ +182% vs 2023
2025: €25k▲ +348% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 296% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€27k ▲ 81.3%
Current assets
€58k ▲ 211%
Equity and liabilities €85k
Equity
€5k
Debt
€80k
Debt finances 94.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€31k▲
2024 · €9k
Cash flow
€30k▲
2024 · €8k
Current ratio
0.72▲
2024 · 0.35
Debt to equity
16.87▲
2024 · -2.67
ROE
523.1%
ROA
29.3%▲
2024 · 16.6%
Interest coverage
30.85▲
2024 · 9.01
Debt ≤ 1 year
€80k▲
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€33k€85k▲
Fixed assets21/28€15k€27k▲
Intangible fixed assets21€119-
Tangible fixed assets22/27€14k€26k▲
Land and buildings22€12k€12k▼
Plant, machinery and equipment23€975€714▼
Furniture and vehicles24€1k€14k▲
Financial fixed assets28€500€500=
Current assets29/58€19k€58k▲
Amounts receivable within one year40/41€15k€55k▲
Trade receivables40€15k€55k▲
Other amounts receivable41€30€30=
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€1k€328▼
Equity and liabilities
Total equity and liabilities10/49€33k€85k▲
Equity10/15€-20k€5k▲
Contributions10/11€17k€17k▲
Capital10€17k-
Issued capital100€20k-
Uncalled capital101€3k-
Reserves13€426-
Non-distributable reserves130/1€426-
Legal reserve130€426-
Profit (loss) carried forward14€-37k€-12k▲
Amounts payable17/49€54k€80k▲
Amounts payable within one year42/48€54k€80k▲
Financial debts43€5k€5k=
Credit institutions430/8€5k€5k=
Trade debts44€24k€22k▼
Suppliers440/4€21k€22k▲
Bills of exchange payable441€3k€248▼
Advances received on contracts in progress46-€26k
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Remuneration and social security454/9€121€121=
Other amounts payable47/48€20k€22k▲
Income statement
Code20242025
Non-recurring operating income76A€278-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€12k€33k▲
Operating profit (loss)9901€7k€26k▲
Financial income75/76B€21€50▲
Recurring financial income75€21€50▲
Financial charges65/66B€990€1k▲
Recurring financial charges65€990€1k▲
Profit (loss) for the period before taxes9903€6k€25k▲
Profit (loss) for the period9904€6k€25k▲
Profit (loss) for the period to be appropriated9905€6k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-12k▲
Profit (loss) brought forward from the previous period14P€-43k€-37k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €278 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €2k | €2k | €6k | ▲ 133% |
| Other operating charges640/8 | €625 | €93 | €964 | €3k | €2k | ▼ 43.7% |
| Gross operating margin9900 | €-369 | €2k | €1k | €12k | €33k | ▲ 172% |
| Operating profit (loss)9901 | €-2k | €662 | €-2k | €7k | €26k | ▲ 296% |
| Financial income75/76B | €1 | €8 | €0 | €21 | €50 | ▲ 141% |
| Recurring financial income75 | €1 | €8 | €0 | €21 | €50 | ▲ 141% |
| Financial charges65/66B | €292 | €484 | €5k | €990 | €1k | ▲ 2.8% |
| Recurring financial charges65 | €292 | €484 | €492 | €990 | €1k | ▲ 2.8% |
| Non-recurring financial charges66B | - | - | €5k | - | - | - |
| Profit (loss) for the period before taxes9903 | €-2k | €186 | €-7k | €6k | €25k | ▲ 348% |
| Profit (loss) for the period9904 | €-2k | €186 | €-7k | €6k | €25k | ▲ 348% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €186 | €-7k | €6k | €25k | ▲ 348% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10k | €19k | €28k | €33k | €85k | ▲ 154% |
| Fixed assets21/28 | €2k | €5k | €9k | €15k | €27k | ▲ 81.3% |
| Intangible fixed assets21 | - | €399 | €259 | €119 | - | - |
| Tangible fixed assets22/27 | €2k | €4k | €8k | €14k | €26k | ▲ 85.7% |
| Land and buildings22 | €730 | €2k | €6k | €12k | €12k | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | €1k | €975 | €714 | ▼ 26.7% |
| Furniture and vehicles24 | €1k | €2k | €788 | €1k | €14k | ▲ 1,209% |
| Financial fixed assets28 | - | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €8k | €15k | €19k | €19k | €58k | ▲ 211% |
| Amounts receivable within one year40/41 | €8k | €10k | €18k | €15k | €55k | ▲ 268% |
| Trade receivables40 | €8k | €10k | €18k | €15k | €55k | ▲ 269% |
| Other amounts receivable41 | €45 | €45 | €45 | €30 | €30 | = |
| Cash at bank and in hand54/58 | €521 | €4k | €22 | €3k | €3k | ▲ 11.6% |
| Deferred charges and accrued income490/1 | - | - | €1k | €1k | €328 | ▼ 67.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10k | €19k | €28k | €33k | €85k | ▲ 154% |
| Equity10/15 | €-19k | €-19k | €-26k | €-20k | €5k | ▲ 124% |
| Contributions10/11 | €17k | €17k | €17k | €17k | €17k | ▲ 2.6% |
| Capital10 | €17k | €17k | €17k | €17k | - | - |
| Issued capital100 | €20k | €20k | €20k | €20k | - | - |
| Uncalled capital101 | €3k | €3k | €3k | €3k | - | - |
| Reserves13 | €426 | €426 | €426 | €426 | - | - |
| Non-distributable reserves130/1 | €426 | €426 | €426 | €426 | - | - |
| Legal reserve130 | €426 | €426 | €426 | €426 | - | - |
| Profit (loss) carried forward14 | €-36k | €-36k | €-43k | €-37k | €-12k | ▲ 66.8% |
| Amounts payable17/49 | €29k | €38k | €54k | €54k | €80k | ▲ 49.6% |
| Amounts payable within one year42/48 | €29k | €38k | €54k | €54k | €80k | ▲ 49.6% |
| Financial debts43 | €5k | €5k | - | €5k | €5k | = |
| Credit institutions430/8 | €5k | €5k | - | €5k | €5k | = |
| Trade debts44 | €16k | €21k | €25k | €24k | €22k | ▼ 7.5% |
| Suppliers440/4 | €16k | €21k | €22k | €21k | €22k | ▲ 6.2% |
| Bills of exchange payable441 | - | - | €4k | €3k | €248 | ▼ 92.6% |
| Advances received on contracts in progress46 | - | €940 | €4k | - | €26k | - |
| Taxes, remuneration and social security45 | €1k | €1k | €3k | €5k | €5k | ▼ 8.4% |
| Taxes450/3 | €902 | €1k | €3k | €5k | €5k | ▼ 8.6% |
| Remuneration and social security454/9 | €121 | €121 | €121 | €121 | €121 | = |
| Other amounts payable47/48 | €8k | €10k | €21k | €20k | €22k | ▲ 12.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €186 | €-7k | €6k | €25k | ▲ 348% |
| + Depreciation and write-downs630 | €1k | €1k | €2k | €2k | €6k | ▲ 133% |
| Operating cash flow (approximation) | €-1k | €1k | €-5k | €8k | €30k | ▲ 283% |
| Investment in fixed assets (approximation) | - | €-4k | €-6k | €-8k | €-18k | ▼ 111% |
| Change in cash | - | €4k | €-4k | €3k | €326 | ▼ 88.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
30-06
Financial
Highest result since 2019net €25k ▲348%
Operating result €26k, net result €25k, both a record.
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 491 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 856 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
30-06
Financial
Back to profitnet €186
Net result €186 after 3 loss-making years.
2020
30-06
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2001
Ground area
3,972 m²
Building footprint
234 m²
Volume, LiDAR
2,570 m³
2 parcels, Wallonia · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LIANTIS
since 20012.096.960.648
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0182/00D002 | Wallonia | 2,864 m² | 1 · 94 m² | 8.1 m · 2 fl. |
| 57463L0174/00H004 | Wallonia | 1,109 m² | 1 · 140 m² | 15.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.096.960.648
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Of 4,418 companies in sector 46180 we hold annual accounts for 1,885. 619 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2001
Fiscal year end30-06
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
56301Cafés and bars
47820Retail sale of motor vehicle parts and accessories
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.