Brussels Water Utility Vivaqua Faces €73.5 Million in Unpaid Invoices; Calls for Leadership Change Mount
The Brussels-based water utility, Vivaqua, is facing significant financial pressure as the total amount of outstanding, unpaid invoices has surged to approximately €73.5 million.
This substantial accumulation of debt has triggered a political backlash, with the Nieuw-Vlaamse Alliantie (N-VA) demanding the resignation of top executive Laurence Bovy. The political party’s call for Bovy’s departure underscores growing concerns regarding the management of the utility’s receivables.
The scale of the unpaid balances highlights critical challenges in revenue collection for the regional provider. Such financial gaps often signal systemic operational hurdles that can impact the long-term stability of essential public infrastructure services.
As political pressure intensifies, the focus remains on the utility’s ability to recover these funds and the potential for leadership restructuring to address the mounting financial shortfall.
