ACTIVE

Vanheede Alternative Fuels

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Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €+133,6 %over 1 year
Revenue17,3 M €+5,1 %over 1 year
Equity8,4 M €+12,6 %over 1 year
Workforce49,3 ETP+4,2 %over 1 year

Identity

Source · BCE/KBO

Vanheede Alternative Fuels is a Public limited company incorporated in 1983. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Mouscron. It employs on average 49,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.182.870
Incorporation
26/12/1983
Legal form
Public limited company
Registered office
Avenue du Bois Jacquet(D) 8
7711 Mouscron · WallonieSee on map
Contributed capital
163 675,51 €
Latest accounts
31/12/2025
Average workforce
49,3 ETP
Joint committees (5)
  • 140
  • 14003
  • 14204
  • 200
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue17,3 M €16,5 M €16,1 M €15,6 M €16,2 M €
EBITDA2,8 M €2,4 M €1,7 M €2,2 M €2,4 M €
Operating result1,6 M €750,7 k €102,2 k €315,7 k €385,6 k €
Net result1,1 M €485,4 k €14,7 k €141,1 k €243,7 k €
Balance sheet
Equity8,4 M €7,4 M €7,4 M €7,3 M €7,2 M €
Total assets19,1 M €17,8 M €16,3 M €14,6 M €15,2 M €
Cash1,6 M €760,6 k €332,6 k €197,1 k €686,8 k €
Debts10,5 M €10,2 M €8,7 M €6,7 M €7,6 M €
Other
Workforce49,3 ETP47,3 ETP45,8 ETP42,9 ETP38,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 27 ended

Active mandates

Caroline Vanheede

Managing director · since 09 juillet 2025 · until 04 juin 2031

Active
David Vanheede

Managing director · since 09 juillet 2025 · until 04 juin 2031

Active
VANHEEDE ENVIRONMENT GROUP

Managing director · since 09 juillet 2025 · until 04 juin 2031 · 0467.276.516

Represented by Claudette Descamps

Active

Ended mandates

Caroline Vanheede

Managing director · since 06 juin 2019 · until 05 juin 2025

Ended
David Vanheede

Managing director · since 06 juin 2019 · until 05 juin 2025

Ended
VANHEEDE ENVIRONMENT GROUP

Managing director · since 06 juin 2019 · until 05 juin 2025 · 0467.276.516

Represented by Claudette Descamps

Ended
VANHEEDE ENVIRONMENT GROUP

Managing director · since 06 juin 2019 · until 05 juin 2025 · 0467.276.516

Represented by Claudette Descamps

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202618/07/202525/07/202420/07/202315/07/202231/08/2021
General meeting08/07/202609/07/202503/07/202428/06/202329/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/07/202623/07/2026FrenchPDF
Full model31/12/202409/07/202518/07/2025FrenchPDF
Full model31/12/202303/07/202425/07/2024FrenchPDF
Full model31/12/202228/06/202320/07/2023FrenchPDF
Full model31/12/202129/06/202215/07/2022FrenchPDF
Full model31/12/202023/06/202131/08/2021FrenchPDF
Full model31/12/201908/07/202022/07/2020FrenchPDF
Full model31/12/201805/06/201919/07/2019FrenchPDF
Full model31/12/201729/06/201820/07/2018FrenchPDF
Full model31/12/201628/06/201720/07/2017FrenchPDF
Full model30/12/201530/06/201622/07/2016FrenchPDF
Full model30/12/201429/06/201508/07/2015FrenchPDF
Full model30/12/201304/06/201423/07/2014FrenchPDF
Full model30/12/201205/06/201319/07/2013FrenchPDF
Full model30/12/201106/06/201230/07/2012FrenchPDF
Full modelCorrection31/12/200902/06/201005/10/2010FrenchPDF
Full model31/12/200902/06/201023/08/2010FrenchPDF
Full model31/12/200803/06/200922/07/2009FrenchPDF
Full model31/12/200704/06/200818/08/2008FrenchPDF
Full model31/12/200606/06/200727/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 27 ended

Active mandates

Caroline Vanheede

Managing director · since 09 juillet 2025 · until 04 juin 2031

Active
David Vanheede

Managing director · since 09 juillet 2025 · until 04 juin 2031

Active
VANHEEDE ENVIRONMENT GROUP

Managing director · since 09 juillet 2025 · until 04 juin 2031 · 0467.276.516

Represented by Claudette Descamps

Active

Ended mandates

Caroline Vanheede

Managing director · since 06 juin 2019 · until 05 juin 2025

Ended
David Vanheede

Managing director · since 06 juin 2019 · until 05 juin 2025

Ended
VANHEEDE ENVIRONMENT GROUP

Managing director · since 06 juin 2019 · until 05 juin 2025 · 0467.276.516

Represented by Claudette Descamps

Ended
VANHEEDE ENVIRONMENT GROUP

Managing director · since 06 juin 2019 · until 05 juin 2025 · 0467.276.516

Represented by Claudette Descamps

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - DIVERS - OBJET - CAPITAL, ACTIONS
    PDF
  • Mandates20/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/06/2016
    ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/10/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/01/2011
    modification des statuts
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,1 M €↑
  2. 2024
    Annual accounts 2024485,4 k €↑
  3. 2023
    Annual accounts 202314,7 k €↓
  4. 2022
    Annual accounts 2022141,1 k €↓
  5. 2021
    Annual accounts 2021243,7 k €↓
  6. 2021
    Name changeVANHEEEDE ALTERNATIVE FUELS
  7. 2020
    Annual accounts 2020715,6 k €↑
  8. 2019
    Annual accounts 2019207,7 k €↑
  9. 2018
    Annual accounts 2018136,9 k €↓
  10. 2017
    Annual accounts 2017471,4 k €↓
  11. 2016
    Annual accounts 2016805,1 k €↑
  12. 2015
    Annual accounts 2015394,6 k €↓
  13. 2014
    Annual accounts 2014451,2 k €↑
  14. 2013
    Annual accounts 2013200,6 k €↑
  15. 2012
    Annual accounts 20124,7 k €↓
  16. 2011
    Annual accounts 2011808 k €↑
  17. 2009
    Annual accounts 2009379,5 k €↑
  18. 2008
    Annual accounts 2008174,8 k €↓
  19. 2007
    Annual accounts 2007315,4 k €↓
  20. 2006
    Annual accounts 2006484,6 k €
  21. 2006
    Name changeVanheede Alternative Fuels
  22. 26/12/1983
    IncorporationPublic limited company