ACTIVE

VANHEEDE ENVIRONMENT GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

6,5 M €

+120.5% YoY

Revenue

21,8 M €

+21.5% YoY

Equity

42 M €

+15.0% YoY

Workforce

9 400,0 ETP

+10630.6% YoY

What does VANHEEDE ENVIRONMENT GROUP do?

VANHEEDE ENVIRONMENT GROUP is a Public limited company incorporated in 1999. Its main activity is: Support activities for transportation. Its registered office is in Molenbeek-Saint-Jean. It employs on average 9 400,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.276.516

Incorporation

16/11/1999

Legal form

Public limited company

Registered office

Rue du Ruisseau 25-27
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

3 353 044,00 €

Latest accounts

31/12/2025

Average workforce

9 400,0 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 63405Information service activities 64200Activities of holding companies 64210Activities of holding companies 65231Reinsurance+3

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	21,8 M €	+21.5%	17,9 M €	+22.1%	14,7 M €	+11.7%	13,2 M €	+29.3%	10,2 M €	+32.6%	7,7 M €	+6.6%	7,2 M €	+8.4%	6,6 M €	+6.8%	6,2 M €	+1.2%	6,1 M €	-1.9%	6,3 M €	+19.4%	5,2 M €	+8.1%	4,8 M €	+6.0%	4,6 M €	+2.3%	4,5 M €	-1.4%	4,5 M €	-15.4%	5,4 M €	+16.2%	4,6 M €	+21.7%	3,8 M €
EBITDA	9,7 M €	+106%	4,7 M €	+38.2%	3,4 M €	+44.7%	2,4 M €	-40.1%	3,9 M €	+684%	500,8 k €	-33.6%	753,7 k €	+24.0%	607,6 k €	-32.2%	896,7 k €	-24.0%	1,2 M €	-10.1%	1,3 M €	+129%	573,8 k €	+1615%	-37,9 k €	-102%	-18,8 k €	-103%	620 k €	-18.2%	757,8 k €	-22.4%	977,1 k €	+69.0%	578 k €	-40.4%	969,1 k €
Operating result	8,9 M €	+132%	3,8 M €	+53.0%	2,5 M €	+78.7%	1,4 M €	-52.2%	2,9 M €	+430%	-887,4 k €	-59.9%	-555 k €	-1.8%	-545,3 k €	-99.0%	-274 k €	-525%	64,5 k €	-85.8%	453,7 k €	+491%	-115,9 k €	+81.6%	-628,9 k €	+4.5%	-658,6 k €	-453%	186,4 k €	-57.7%	440,9 k €	-38.8%	720,1 k €	+91.5%	376 k €	-59.5%	928,2 k €
Net result	6,5 M €	+120%	2,9 M €	+111%	1,4 M €	-32.0%	2 M €	-10.6%	2,3 M €	+33.6%	1,7 M €	+346%	384,5 k €	-56.4%	882,5 k €	+108%	424,3 k €	-95.3%	9 M €	+938%	864 k €	-0.3%	866,9 k €	+165%	-1,3 M €	-5330%	25,6 k €	-90.8%	279,3 k €	-67.4%	857,5 k €	+37.6%	623,2 k €	-89.2%	5,8 M €	-6.6%	6,2 M €
Balance sheet
Equity	42 M €	+15.0%	36,5 M €	+13.6%	32,2 M €	+2.0%	31,5 M €	+4.1%	30,3 M €	+6.0%	28,6 M €	+5.2%	27,2 M €	+0.6%	27 M €	+2.5%	26,3 M €	+1.0%	26,1 M €	+50.5%	17,3 M €	+4.3%	16,6 M €	+5.5%	15,7 M €	-7.9%	17,1 M €	+0.2%	17 M €	+0.4%	17 M €	+4.8%	16,2 M €	+3.7%	15,6 M €	+57.9%	9,9 M €
Total assets	113,1 M €	+11.5%	101,4 M €	+5.4%	96,2 M €	+35.5%	71 M €	+1.6%	69,9 M €	+13.1%	61,8 M €	-4.1%	64,4 M €	-1.6%	65,5 M €	-1.7%	66,6 M €	-8.3%	72,6 M €	+15.7%	62,7 M €	+4.5%	60 M €	-0.5%	60,3 M €	+2.3%	59 M €	-0.5%	59,2 M €	-0.3%	59,4 M €	-0.5%	59,7 M €	-4.8%	62,7 M €	-2.1%	64 M €
Cash	449,4 k €	-25.4%	602,2 k €	+8.0%	557,7 k €	+642%	75,2 k €	-82.2%	421,3 k €	+101%	209,6 k €	-48.9%	410,2 k €	-26.1%	554,9 k €	+22.1%	454,3 k €	+93.2%	235,1 k €	-28.8%	330,3 k €	+67.5%	197,1 k €	-71.9%	701 k €	+87.2%	374,5 k €	-55.6%	843,2 k €	+123%	378 k €	-32.9%	563,4 k €	+799%	62,7 k €	-97.5%	2,5 M €
Debts	69,5 M €	+8.7%	63,9 M €	+0.7%	63,5 M €	+62.1%	39,1 M €	-0.2%	39,2 M €	+18.3%	33,2 M €	-10.9%	37,2 M €	-3.1%	38,4 M €	-4.4%	40,2 M €	-13.6%	46,5 M €	+3.2%	45 M €	+4.3%	43,2 M €	-2.6%	44,3 M €	+7.8%	41,1 M €	-1.0%	41,6 M €	-0.7%	41,8 M €	-2.1%	42,7 M €	-7.8%	46,4 M €	-11.8%	52,5 M €
Other
Workforce	9 400,0 ETP	+10631%	87,6 ETP	+8.3%	80,9 ETP	+6.0%	76,3 ETP	+17.4%	65,0 ETP	-6.2%	69,3 ETP	+5.5%	65,7 ETP	+6.1%	61,9 ETP	+12.1%	55,2 ETP	+1.1%	54,6 ETP	+5.6%	51,7 ETP	-2.8%	53,2 ETP	-1.5%	54,0 ETP	+6.9%	50,5 ETP	+2.6%	49,2 ETP	-5.7%	52,2 ETP	-19.4%	64,8 ETP	+8.7%	59,6 ETP	+20.6%	49,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

IMDACA

Managing director · since 29 juin 2022 · until 28 juin 2027 · 0449.213.532

Represented by Claudette Descamps

Active

VAMASTINE

Managing director · since 29 juin 2022 · until 28 juin 2027 · 0457.916.907

Represented by David Vanheede

Active

VANICA

Managing director · since 29 juin 2022 · until 28 juin 2027 · 0458.419.030

Represented by Caroline Vanheede

Active

Ended mandates

IMDACA

Managing director · since 29 juin 2022 · until 23 juin 2025 · 0449.213.532

Represented by Claudette Descamps

Ended

IMDACA

Managing director · since 29 juin 2022 · until 29 juin 2025 · 0449.213.532

Represented by Claudette Descamps

Ended

IMDACA

Managing director · since 29 juin 2022 · until 09 juillet 2025 · 0449.213.532

Represented by Claudette Descamps

Ended

VAMASTINE

Managing director · since 29 juin 2022 · until 23 juin 2025 · 0457.916.907

Represented by David Vanheede

Ended

At this address

Other companies at this address

Company	CBE no.
DACAR● Active	0449.223.331

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	23/07/2025	25/07/2024	20/07/2023	18/07/2022	14/01/2022
General meeting	08/07/2026	09/07/2025	03/07/2024	28/06/2023	29/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

42 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/07/2026	23/07/2026	French	PDF
Full model	31/12/2024	09/07/2025	23/07/2025	French	PDF
Consolidated accounts	31/12/2024	06/09/2025	06/09/2025	French	PDF
Full model	31/12/2023	03/07/2024	25/07/2024	French	PDF
Consolidated accounts	31/12/2023	31/12/2023	10/09/2024	French	PDF
Full model	31/12/2022	28/06/2023	20/07/2023	French	PDF
Consolidated accounts	31/12/2022	28/06/2023	31/08/2023	French	PDF
Full model	31/12/2021	29/06/2022	18/07/2022	French	PDF
Consolidated accounts	31/12/2021	29/06/2022	31/08/2022	French	PDF
Full model	31/12/2020	28/06/2021	26/08/2021	French	PDF
Consolidated accountsCorrection	31/12/2020	28/06/2021	14/01/2022	French	PDF
Consolidated accounts	31/12/2020	28/08/2021	31/08/2021	French	PDF
Full model	31/12/2019	08/07/2020	23/07/2020	French	PDF
Consolidated accounts	31/12/2019	08/07/2020	28/08/2020	French	PDF
Full model	31/12/2018	24/06/2019	19/07/2019	French	PDF
Consolidated accounts	31/12/2018	24/06/2019	30/08/2019	French	PDF
Full model	31/12/2017	29/06/2018	20/07/2018	French	PDF
Consolidated accounts	31/12/2017	29/06/2018	31/08/2018	French	PDF
Full model	31/12/2016	28/06/2017	20/07/2017	French	PDF
Consolidated accounts	31/12/2016	28/06/2017	31/08/2017	French	PDF
Full modelCorrection	31/12/2015	30/06/2016	10/10/2016	French	PDF
Full model	31/12/2015	30/06/2016	25/07/2016	French	PDF
Consolidated accounts	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	22/07/2015	French	PDF

View all 42 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

IMDACA

Managing director · since 29 juin 2022 · until 28 juin 2027 · 0449.213.532

Represented by Claudette Descamps

Active

VAMASTINE

Managing director · since 29 juin 2022 · until 28 juin 2027 · 0457.916.907

Represented by David Vanheede

Active

VANICA

Managing director · since 29 juin 2022 · until 28 juin 2027 · 0458.419.030

Represented by Caroline Vanheede

Active

Ended mandates

IMDACA

Managing director · since 29 juin 2022 · until 23 juin 2025 · 0449.213.532

Represented by Claudette Descamps

Ended

IMDACA

Managing director · since 29 juin 2022 · until 29 juin 2025 · 0449.213.532

Represented by Claudette Descamps

Ended

IMDACA

Managing director · since 29 juin 2022 · until 09 juillet 2025 · 0449.213.532

Represented by Claudette Descamps

Ended

VAMASTINE

Managing director · since 29 juin 2022 · until 23 juin 2025 · 0457.916.907

Represented by David Vanheede

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/08/2025
KAPITAAL - AANDELEN
PDF
Mandates13/01/2023
DEMISSIONS, NOMINATIONS
PDF
Restructuring20/04/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/04/2021
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/11/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring12/11/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates02/09/2019
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20256,5 M €↑
09/07/2025
nominationMOORE Audit — commissaire
2024
Annual accounts 20242,9 M €↑
2023
Annual accounts 20231,4 M €↓
2022
Annual accounts 20222 M €↓
29/06/2022
reconductionVanica BV — administrateur et administrateur délégué
29/06/2022
reconductionVamastine BV — administrateur et administrateur délégué
29/06/2022
reconductionImdaca NV — administrateur et administrateur délégué
29/06/2022
nominationSRL Bedrijfsrevisorenkantoor Certam — commissaire
2021
Annual accounts 20212,3 M €↑
2019
Annual accounts 20191,7 M €↑
2018
Annual accounts 2018384,5 k €↓
2017
Annual accounts 2017882,5 k €↑
2016
Annual accounts 2016424,3 k €↓
2015
Annual accounts 20159 M €↑
2014
Annual accounts 2014864 k €↓
2013
Annual accounts 2013866,9 k €↑
2012
Annual accounts 2012-1,3 M €↓
2011
Annual accounts 201125,6 k €↓
2010
Annual accounts 2010279,3 k €↓
2009
Annual accounts 2009857,5 k €↑
2008
Annual accounts 2008623,2 k €↓
2007
Annual accounts 20075,8 M €↓
2006
Annual accounts 20066,2 M €
16/11/1999
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VANHEEDE ENVIRONMENT GROUP

Overview

What does VANHEEDE ENVIRONMENT GROUP do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline