Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VANHEEDE ENVIRONMENTAL LOGISTICS from Wervik, company number BE0449217094, closed financial year 2025 with a result of € -3.3 million after tax. For that financial year VANHEEDE ENVIRONMENTAL LOGISTICS recorded revenue of € 143 million and equity of € 21.6 million. Compared with financial year 2024, the result moved from € -2.4 million to € -3.3 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 21.6 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.3 million
▼ 41 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4.6 million
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18.7 million.
People and assets in 2025
463.3
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 31.8 million
▲ 3% vs 2024
€ 68,600 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.
€ 35.5 million
▲ 4% vs 2024
Of which on lease € 15.2 million.
Debts at end 2025
€ 27.3 million
▲ 15% vs 2024
€ 5.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 21.9 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 5 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 114,953,174 | € 122,048,237 | € 136,639,490 | € 142,989,656 | ▲ 5% |
| Profit after taxes | € 74,764 | € -2,535,683 | € -2,367,467 | € -3,343,422 | ▼ € 975,955 |
| Equity | € 21,419,661 | € 18,883,978 | € 25,089,523 | € 21,610,929 | ▼ 14% |
| Total debts | € 36,061,989 | € 46,097,982 | € 54,232,256 | € 59,342,928 | ▲ 9% |
| Cash | € 1,493,028 | € 2,439,653 | € 3,461,654 | € 4,631,258 | ▲ 34% |
| Land & buildings | € 4,226,412 | € 4,262,482 | € 6,674,849 | € 6,772,483 | ▲ 1% |
| Retained profit | € 19,374,696 | € 16,839,014 | € 22,043,764 | € 18,700,342 | ▼ 15% |
| Bank debt | € 13,947,280 | € 17,761,298 | € 23,665,017 | € 27,274,050 | ▲ 15% |
| Balance sheet total | € 57,781,452 | € 65,162,276 | € 79,499,215 | € 81,571,874 | ▲ 3% |
| Employees (FTE) | 392.6 | 421.3 | 458.9 | 463.3 | ▲ 4.4 |
Key figures of VANHEEDE ENVIRONMENTAL LOGISTICS, 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 ENVIRONMENTAL LOGISTICS?
What happened at VANHEEDE ENVIRONMENTAL LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vanheede Environment Group NV stepped down as director. NBB
- Caroline Vanheede stepped down as director. NBB
- David Vanheede stepped down as director. NBB
- New establishment in Engis. KBO
- New annual accounts for financial year 2025: loss of € 3.3 million. Source: NBB ↗
- New establishment in Roeselare. KBO
- Vanheede Environment Group NV became a director. NBB
- Caroline Vanheede became a director. NBB
In short
From € 74,764 profit in 2022 to € 3.3 million loss in 2025.
Paid € 427,749 in corporate taxes since 2022.
Best year ever: 2022, with € 74,764 profit.
Pays suppliers within 78 days on average.
Management
The stake of VANHEEDE ENVIRONMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANHEEDE ENVIRONMENTAL LOGISTICSThe 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 Alternative Fuels, VANHEEDE PROPRETE, VANHEEDE PLASTIC RECOVERY, VANHEEDE LANDFILL SOLUTIONS, VANHEEDE BIOMASS SOLUTIONS, VANHEEDE POLYMERS & COMPOUNDS +1 more
since 2023 · until 2029
Caroline Vanheede
Managing director
Also active at: Vanheede Alternative Fuels, VANHEEDE PLASTIC RECOVERY, VANHEEDE LANDFILL SOLUTIONS, VANICA, VANHEEDE POLYMERS & COMPOUNDS, VANHEEDE WINDPOWER
since 2023 · until 2029
David Vanheede
Managing director
Also active at: SORET CONTAINERS & RECYCLING, VANHEEDE ENVIRONMENTAL SERVICES, Denuo, VANHEEDE LANDFILL SOLUTIONS, DACAR, VANHEEDE BIOMASS SOLUTIONS, VAMASTINE, Val'Up
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dullaardstraat 11
8940 Wervik
Blauwe Weg 8
2030 Antwerpen
Active since 1 January 1969
Lieverstedestraat 17
8020 Oostkamp
Active since 3 May 1993
Moorseelsesteenweg 32
8800 Roeselare
Active since 9 April 1993
Rue de l'Epinette(QLG) 12
7040 Quévy
Active since 1 January 2009
Jacquetboslaan(D) 8
7711 Mouscron
Active since 1 January 2009
Rue de Villers(VIN) 35
4520 Wanze
Active since 1 April 2012
Rue de la Hart 8
6780 Messancy
Active since 1 October 2014
Henri Farmanstraat 47
9000 Gent
Active since 1 May 2019
Z. 5 Mollem 380
1730 Asse
Active since 1 August 2021
Rue du Progrès 11
1400 Nivelles
Active since 1 June 2023
Pildersweg 10
8800 Roeselare
Active since 13 March 2025
Rue des Tuiliers 16
4480 Engis
Active since 3 September 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.217.094
- VAT number
- BE 0449.217.094
- Registered office
- Dullaardstraat 11, 8940 Wervik
- Names & denominations
- VANHEEDE ENVIRONMENTAL LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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