Financials
Financial year 2025
VAMASTINE from Wervik, company number BE0457916907, closed financial year 2025 with a result of € 267,808 after tax. For that financial year VAMASTINE recorded a gross margin of € 751,598 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 231,508 to € 267,808. 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.
€ 2.7 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 267,808
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 250,271
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 328,916
▲ 28% vs 2024
Of which on lease € 116,330.
Debts at end 2025
€ 1.3 million
▲ 20% vs 2024
€ 130,526 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 117,660
▲ € 113,220 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,366
▼ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 492,749 | € 495,512 | € 543,994 | € 751,598 | ▲ 38% |
| Profit after taxes | € 198,733 | € 317,994 | € 231,508 | € 267,808 | ▲ 16% |
| Equity | € 1,864,615 | € 2,182,610 | € 2,414,118 | € 2,681,926 | ▲ 11% |
| Total debts | € 1,186,234 | € 1,068,313 | € 1,267,968 | € 1,495,437 | ▲ 18% |
| Cash | € 261,900 | € 45,518 | € 139,077 | € 250,271 | ▲ 80% |
| Land & buildings | € 2,728,120 | € 2,922,630 | € 3,179,114 | € 3,553,815 | ▲ 12% |
| Retained profit | € 1,364,615 | € 1,682,610 | € 1,914,118 | € 2,181,926 | ▲ 14% |
| Bank debt | € 1,005,876 | € 882,840 | € 1,101,321 | € 1,326,022 | ▲ 20% |
| Balance sheet total | € 3,338,598 | € 3,372,290 | € 3,776,577 | € 4,273,750 | ▲ 13% |
Key figures of VAMASTINE, 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 VAMASTINE?
What happened at VAMASTINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 267,808 (▲ 16% vs 2024). Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 198,733 profit in 2022 to € 267,808 profit in 2025.
Paid € 544,363 in corporate taxes since 2022.
Best year ever: 2023, with € 317,994 profit.
Management
Behind VAMASTINE are Evelyne Decrans and David Vanheede. David Vanheede is also behind SORET CONTAINERS & RECYCLING, VANHEEDE ENVIRONMENTAL SERVICES, Denuo, VANHEEDE LANDFILL SOLUTIONS and VANHEEDE ENVIRONMENTAL LOGISTICS.
Directors
According to the 2025 annual accounts
Evelyne Decrans
Managing director
David Vanheede
Managing director
Also active at: SORET CONTAINERS & RECYCLING, VANHEEDE ENVIRONMENTAL SERVICES, Denuo, VANHEEDE LANDFILL SOLUTIONS, VANHEEDE ENVIRONMENTAL LOGISTICS, DACAR, VANHEEDE BIOMASS SOLUTIONS, Val'Up
Establishments
Establishment units
Physical locations of this company
Dullaardstraat 4
8940 Wervik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0457.916.907
- VAT number
- BE 0457.916.907
- Registered office
- Dullaardstraat 4, 8940 Wervik
- Names & denominations
- VAMASTINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1996
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden