Financials
- Financial year
- 2020
- Total assets
- €50,721
- Profit
- €16,465
- Solvency
- 34.3%
Total assets▼ 28.6%
Net result
20182020
V.A.R.O.
ActiveSummary
The computed 12-month bankruptcy probability of V.A.R.O. is 12.1% (high). The latest annual accounts of V.A.R.O. were filed more than 90 days after the deadline. The 2020 annual accounts show equity of €17,386 and a net result of €16,465. Equity is growing by about 83% per year across the filed financial years. The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€50,721total assets 2020
- Staff
- 0.4 FTE
- Equity
- €17,386
- Profit
- €16,465
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 12.1%
2020 figures too old to score
Structure
2021 accounts not filed, 1549 days past the deadline4 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2020 (filed 22-12-2021)3 financial years not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 lateNo main activity registered2020 accounts filed 137 days latelowers riskFounded in 2010neutralNo filing for yearsShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Strong
Solvency
59+12
equity 34.3% of total assets
Liquidity
39+8
short-term debt 57.5% · cash 15.3%
Profitability
100=
return on assets 32.5%
Bankruptcy probability, 12 months
12.1%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 13.4%highest value
12-2024: 13.4%● unchanged vs 11-2024highest value
01-2025: 13.4%● unchanged vs 12-2024highest value
02-2025: 13.4%● unchanged vs 01-2025highest value
03-2025: 13.4%● unchanged vs 02-2025highest value
04-2025: 13.4%● unchanged vs 03-2025highest value
05-2025: 13.4%● unchanged vs 04-2025highest value
06-2025: 13.4%● unchanged vs 05-2025highest value
07-2025: 13.4%● unchanged vs 06-2025highest value
08-2025: 13.4%● unchanged vs 07-2025highest value
09-2025: 12.7%▼ -0.7 percentage points vs 08-2025
10-2025: 12.7%● unchanged vs 09-2025
11-2025: 12.6%▼ -0.1 percentage points vs 10-2025
12-2025: 12.6%● unchanged vs 11-2025
01-2026: 12.5%▼ -0.1 percentage points vs 12-2025
02-2026: 12.5%● unchanged vs 01-2026
03-2026: 12.5%● unchanged vs 02-2026
04-2026: 12.5%● unchanged vs 03-2026
05-2026: 12.5%● unchanged vs 04-2026
06-2026: 12.5%● unchanged vs 05-2026
07-2026: 12.5%● unchanged vs 06-2026
08-2026: 12.5%● unchanged vs 07-2026
09-2026: 12.1%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 12.1%● unchanged vs 09-2026lowest value
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Signals
Six signals.
lowers riskraises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 year end31-07-2022 deadline27-10-2026 today
raises risk · 2020 accounts filed 137 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-12-2021, 137 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
137 days late
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 113 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2020 · micro…
- Annual accounts filedfinancial year 2019 · micro…
- Back to profitnet €24,935
Key points
By topic
Timeline
- Events
- 12
- Since
- 2011
- 04-10-2019Annual accounts filed
- 17-09-2018Annual accounts filed
- 28-09-2017Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 27-05-2010
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Key facts about V.A.R.O.
- What is the company number of V.A.R.O.?
- 0826.167.311. In Belgium the VAT number is the company number with BE in front: BE 0826.167.311.
- Where is V.A.R.O. based?
- The registered office is at Rue Haut-Bâty(ARS) 64, 5060 Sambreville.Company details
- What is the legal form of V.A.R.O.?
- Private limited company (pre-2019) (BVBA).
- When was V.A.R.O. founded?
- On 27-05-2010.
- Is V.A.R.O. still active?
- Yes, V.A.R.O. is an active enterprise in the KBO register.
- How many employees does V.A.R.O. have?
- On average 0.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of V.A.R.O.?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is V.A.R.O. profitable?
- In financial year 2020, V.A.R.O. made a profit of €16,465.
- Where can I find the annual accounts of V.A.R.O.?
- V.A.R.O. filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2020.
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