Financials
Financial year 2025
Vanheede Alternative Fuels from Mouscron, company number BE0425182870, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Vanheede Alternative Fuels recorded revenue of € 17.3 million and equity of € 8.4 million. Compared with financial year 2024, the result moved from € 485,402 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 8.4 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 134% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
22 % of the profit went to the shareholders, mostly to VANHEEDE ENVIRONMENT GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
49.3
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▲ 6% vs 2024
€ 70,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 517,633
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.7 million
▲ 52% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3.3 million
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 110 days on average.
€ 599,156
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,600,716 | € 16,071,654 | € 16,468,442 | € 17,310,833 | ▲ 5% |
| Profit after taxes | € 141,079 | € 14,688 | € 485,402 | € 1,133,962 | ▲ 134% |
| Equity | € 7,346,190 | € 7,360,877 | € 7,446,280 | € 8,386,710 | ▲ 13% |
| Total debts | € 7,187,323 | € 8,984,280 | € 10,316,381 | € 10,696,487 | ▲ 4% |
| Cash | € 197,056 | € 332,554 | € 760,618 | € 1,582,763 | ▲ 108% |
| Land & buildings | € 6,099,582 | € 5,650,728 | € 5,414,074 | € 5,069,293 | ▼ 6% |
| Retained profit | € 7,182,514 | € 7,197,202 | € 7,282,604 | € 8,166,566 | ▲ 12% |
| Dividend | € 0 | € 0 | € 400,000 | € 250,000 | ▼ 37% |
| Bank debt | € 2,640,185 | € 3,014,619 | € 3,780,860 | € 5,733,371 | ▲ 52% |
| Balance sheet total | € 14,637,192 | € 16,345,158 | € 17,762,660 | € 19,083,196 | ▲ 7% |
| Employees (FTE) | 42.9 | 45.8 | 47.3 | 49.3 | ▲ 2 |
Key figures of Vanheede Alternative Fuels, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Vanheede Alternative Fuels?
What happened at Vanheede Alternative Fuels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vanheede Environment Goup SA stepped down as director. NBB
- Caroline Vanheede stepped down as director. NBB
- David Vanheede stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 134% vs 2024). Source: NBB ↗
- Vanheede Environment Goup SA became a director. NBB
- Caroline Vanheede became a director. NBB
- David Vanheede became a director. NBB
- New establishment in Mouscron. KBO
In short
From € 141,079 profit in 2022 to € 1.1 million profit in 2025.
Paid € 511,368 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Paid out € 650,000 in dividends to the owners in total.
Management
The stake of VANHEEDE ENVIRONMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vanheede Alternative FuelsThe shares are held by VANHEEDE ENVIRONMENT GROUP (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Claudette Descamps
Also active at: SORET CONTAINERS & RECYCLING, VANHEEDE ENVIRONMENTAL SERVICES, VANHEEDE PROPRETE, VANHEEDE PLASTIC RECOVERY, VANHEEDE LANDFILL SOLUTIONS, VANHEEDE ENVIRONMENTAL LOGISTICS, VANHEEDE BIOMASS SOLUTIONS, VANHEEDE POLYMERS & COMPOUNDS +1 more
since 2025 · until 2031
Caroline Vanheede
Managing director
Also active at: VANHEEDE PLASTIC RECOVERY, VANHEEDE LANDFILL SOLUTIONS, VANHEEDE ENVIRONMENTAL LOGISTICS, VANICA, VANHEEDE POLYMERS & COMPOUNDS, VANHEEDE WINDPOWER
since 2025 · until 2031
David Vanheede
Managing director
Also active at: VANHEEDE PROPRETE, VANHEEDE PLASTIC RECOVERY, IMDACA, VANHEEDE ENVIRONMENT GROUP, VANHEEDE POLYMERS & COMPOUNDS, VANHEEDE WINDPOWER, VAL' BIO
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jacquetboslaan(D) 8
7711 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.182.870
- VAT number
- BE 0425.182.870
- Registered office
- Jacquetboslaan(D) 8, 7711 Mouscron
- Names & denominations
- Vanheede Alternative Fuels
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1983
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Overige verwerking en verwijdering van ongevaarlijk afval