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VAR Consulting

Active
Private limited companyfounded 20242 yrs activeRue de la Tour(LV) 37, 5170 Profondeville, BelgiumKBO/BCE: BE 1012.996.437
Summary

VAR Consulting has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,179 and a net result of €26,021. Its solvency ranks better than 73% of 12829 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+40
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 4.53 against 1.39 in 2024; short-term debt: 21% and cash: 59.8% of total assets), and 23.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.4%
Return on assets
53.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-09-2026, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
43 d late
2024
27 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 August 2024, VAR Consulting was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€37,179▲ 233%
2024 · €11,158
Total assets
€48,634▲ 50.8%
2024 · €32,246
Net result
€26,021▲ 137%
2024 · €10,978
Working capital
€36,090▲ 340%
2024 · €8,199
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€15,031-€33,525▲ 123%
Net result€10,978within the sector's middle half-€26,021within the sector's middle half▲ 137%
Equity€11,158below the sector's middle half-€37,179within the sector's middle half▲ 233%
Total assets€32,246below the sector's middle half-€48,634below the sector's middle half▲ 50.8%
Debt€21,088-€11,455▼ 45.7%
Working capital€8,199below the sector's middle half-€36,090within the sector's middle half▲ 340%
Solvency34.6%within the sector's middle half-76.4%within the sector's middle half▲ 41.8pp
Current ratio1.39within the sector's middle half-4.53within the sector's middle half▲ 3.15
Return on assets (ROA)34.0%above the sector's middle half-53.5%above the sector's middle half▲ 19.5pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2024: €15,031€15,031Net result 2024: €10,978€10,978Operating result 2025: €33,525€33,525Net result 2025: €26,021€26,02120242025€0€10,000€20,000€30,000Operating result 2024: €15,031€15,000Net result 2024: €10,978€11,000Operating result 2025: €33,525€33,500Net result 2025: €26,021€26,00020242025
The operating result rises in 2025; 2025 is 123% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,634
Fixed assets €2,334 ▼ 21.4%
Current assets €46,300 ▲ 58.2%
Equity and liabilities €48,634
Equity €37,179 ▲ 233%
Debt €11,455 ▼ 45.7%
Debt's share of the balance-sheet total falls from 65.4% to 23.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34,162▲
2024 · €15,245
Cash flow
€26,658▲
2024 · €11,192
Debt to equity
0.31▼
2024 · 1.89
ROE
70.0%▼
2024 · 98.4%
Interest coverage
371.33▲
2024 · 231.90
Debt ≤ 1 year
€10,210▼
2024 · €21,076
Income taxes
€7,413▲
2024 · €3,987
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,246€48,634▲
Fixed assets21/28€2,971€2,334▼
Tangible fixed assets22/27€2,971€2,334▼
Furniture and vehicles24€2,971€2,334▼
Current assets29/58€29,275€46,300▲
Amounts receivable within one year40/41€15,423€16,153▲
Trade receivables40€15,423€15,698▲
Other amounts receivable41-€455
Cash at bank and in hand54/58€13,001€29,104▲
Deferred charges and accrued income490/1€851€1,043▲
Equity and liabilities
Total equity and liabilities10/49€32,246€48,634▲
Equity10/15€11,158€37,179▲
Contributions10/11€180€180=
Profit (loss) carried forward14€10,978€36,999▲
Amounts payable17/49€21,088€11,455▼
Amounts payable within one year42/48€21,076€10,210▼
Trade debts44€3,575€49▼
Suppliers440/4€3,575€49▼
Taxes, remuneration and social security45€8,054€5,517▼
Taxes450/3€8,054€4,845▼
Remuneration and social security454/9-€672
Other amounts payable47/48€9,447€4,644▼
Accrued charges and deferred income492/3€12€1,245▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214€637▲
Other operating charges640/8€465€552▲
Gross operating margin9900€15,710€34,715▲
Operating profit (loss)9901€15,031€33,525▲
Financial charges65/66B€66€92▲
Recurring financial charges65€66€92▲
Profit (loss) for the period before taxes9903€14,965€33,433▲
Income taxes67/77€3,987€7,413▲
Profit (loss) for the period9904€10,978€26,021▲
Profit (loss) for the period to be appropriated9905€10,978€26,021▲
Appropriation of the result
Profit (loss) to be appropriated9906€10,978€36,999▲
Profit (loss) brought forward from the previous period14P-€10,978

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214€637▲ 198%
Other operating charges640/8€465€552▲ 18.8%
Gross operating margin9900€15,710€34,715▲ 121%
Operating profit (loss)9901€15,031€33,525▲ 123%
Financial charges65/66B€66€92▲ 39.9%
Recurring financial charges65€66€92▲ 39.9%
Profit (loss) for the period before taxes9903€14,965€33,433▲ 123%
Income taxes67/77€3,987€7,413▲ 85.9%
Profit (loss) for the period9904€10,978€26,021▲ 137%
Profit (loss) for the period to be appropriated9905€10,978€26,021▲ 137%
Line20242025Change
Assets
Total assets20/58€32,246€48,634▲ 50.8%
Fixed assets21/28€2,971€2,334▼ 21.4%
Tangible fixed assets22/27€2,971€2,334▼ 21.4%
Furniture and vehicles24€2,971€2,334▼ 21.4%
Current assets29/58€29,275€46,300▲ 58.2%
Amounts receivable within one year40/41€15,423€16,153▲ 4.7%
Trade receivables40€15,423€15,698▲ 1.8%
Other amounts receivable41-€455-
Cash at bank and in hand54/58€13,001€29,104▲ 124%
Deferred charges and accrued income490/1€851€1,043▲ 22.6%
Equity and liabilities
Total equity and liabilities10/49€32,246€48,634▲ 50.8%
Equity10/15€11,158€37,179▲ 233%
Contributions10/11€180€180=
Profit (loss) carried forward14€10,978€36,999▲ 237%
Amounts payable17/49€21,088€11,455▼ 45.7%
Amounts payable within one year42/48€21,076€10,210▼ 51.6%
Trade debts44€3,575€49▼ 98.6%
Suppliers440/4€3,575€49▼ 98.6%
Taxes, remuneration and social security45€8,054€5,517▼ 31.5%
Taxes450/3€8,054€4,845▼ 39.8%
Remuneration and social security454/9-€672-
Other amounts payable47/48€9,447€4,644▼ 50.8%
Accrued charges and deferred income492/3€12€1,245▲ 10,542%
Line20242025Change
Profit (loss) for the period9904€10,978€26,021▲ 137%
+ Depreciation and write-downs630€214€637▲ 198%
Operating cash flow (approximation)€11,192€26,658▲ 138%
Investment in fixed assets (approximation)-€0-
Change in cash-€16,103-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 43 days late
2025
31-12
Financial Liquidity triplescurrent ratio 4.53
Current ratio from 1.39 to 4.53; short-term debt falls from €21,076 to €10,210.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Profondeville · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,575 m²
Building footprint
148 m²
Volume, LiDAR
889 m³
Parcel 92071B0407/00S015, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAR Consulting
Rue de la Tour(LV) 37, 5170 ProfondevilleCertified accountants and tax accountants
since 20242.363.026.205
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92071B0407/00S015 Wallonia 2,575 m² 1 · 148 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 5,516 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail info@varconsulting.be
Phone 0476700140
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012996437
Registered 02-09-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.