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VARA-SERVIZIO

Active
Private limited company (pre-2019)founded 2017active for 9 yearsTurnhoutsebaan 393, 2110 Wijnegem, BelgiumKBO/BCE: BE 0672.407.562
Summary

The computed 12-month bankruptcy probability of VARA-SERVIZIO is 3.5% (moderate). The annual accounts of VARA-SERVIZIO for financial year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €16,746 and a net result of -€33,026. Equity has been shrinking by about 15% per year since 2018. Its solvency ranks better than 30% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-03-2017 Normal situation
Activity
Full-service restaurants NACE 56111and 4 others
Establishment unit
2.277.985.711 2110 Wijnegem, since 01-07-2018
Financial year end
31 December
Peppol
Reachable since 26-01-2026

Board and ownership

Board
  • Vandeneijnde RafDirector

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.5%
Annual accounts 2025
Gross margin
€60,953
▼ 64.1%
Turnover
≈ €200,000
estimated
Loss
€33,026
Equity
€16,746
▼ 66.4%
Total assets
€323,004
▼ 5.1%
Staff
0.8 FTE
▼ 89.0%
Filed on 18-06-2026, 43 days before the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)1 of the last 3 accounts lateLoss of €33,026 (financial year 2025)lowers riskSize: total assets €323,004Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 22% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 30-10
equity 5.2% of total assets
Liquidity 32-16
short-term debt 41.7% · cash 1.4%
Profitability 11-46
return on assets -10.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 3.7% 01-2025: 2.7%▼ -1.0 percentage point vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.4%▼ -0.3 percentage points vs 04-2025 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 2.7%▲ +0.5 percentage points vs 07-2025 09-2025: 3.1%▲ +0.4 percentage points vs 08-2025 10-2025: 4.7%▲ +1.6 percentage points vs 09-2025 11-2025: 4.8%▲ +0.1 percentage points vs 10-2025 12-2025: 5.2%▲ +0.4 percentage points vs 11-2025 01-2026: 6.5%▲ +1.3 percentage points vs 12-2025 02-2026: 7.3%▲ +0.8 percentage points vs 01-2026 03-2026: 7.3%● unchanged vs 02-2026 04-2026: 7.3%● unchanged vs 03-2026highest value 05-2026: 6.9%▼ -0.4 percentage points vs 04-2026 06-2026: 6.7%▼ -0.2 percentage points vs 05-2026 07-2026: 2.3%▼ -4.4 percentage points vs 06-2026 08-2026: 2.5%▲ +0.2 percentage points vs 07-2026 09-2026: 2.9%▲ +0.4 percentage points vs 08-2026 10-2026: 3.5%▲ +0.6 percentage points vs 09-2026 11-2026: 3.5%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.32 (0.37 in 2024), below 1. Short-term debt is 41.7% and cash 1.4% of total assets. 94.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 29% of them on solvency, 27% on liquidity, 22% on profitability and 11% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €33,026 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €323,004
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
43 days early
2024
165 days late
2023
23 days late
2022
303 days late
2021
102 days late
2020
53 days late
2019
130 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 105 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 November (4 of the last 5 accounts filed within 145 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Fewer staff in 2025from 7.3 FTE to 0.8 FTE ▼ 89.0% View
  • Caution: Lower net result than 92% of companies in food and beverage servicesector median €4,886 · 16,974 companies -€33,026 View

Recent changes

  1. · Gazette deed Registered office moved to Wijnegem
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as VARA-SERVIZIO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €273,000 and €373,000, founded between 2016 and 2017.

CompanyTotal assetsGross margin
VARA-SERVIZIO Wijnegem€323,004€60,953
FOOD-ART4EVENTS Beveren-Kruibeke-Zwijndrecht€272,830€67,334
MAGRU Beveren-Kruibeke-Zwijndrecht€302,694€69,574
Castello Lucano Leuven€285,667€63,326
Gelatoma Erpe-Mere€373,402€59,673
L'ITALIANO Sint-Truiden€359,105€52,300
AIMADI Elsene€306,638€51,402
Full comparison

Key facts about VARA-SERVIZIO

What is the company number of VARA-SERVIZIO?
The company number of VARA-SERVIZIO is 0672.407.562. The VAT number is the same number with BE in front: BE 0672.407.562.
Where is VARA-SERVIZIO based?
The registered office is at Turnhoutsebaan 393, 2110 Wijnegem.Company details
What does VARA-SERVIZIO do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of VARA-SERVIZIO?
The legal form of VARA-SERVIZIO is Private limited company (pre-2019) (BVBA).
When was VARA-SERVIZIO founded?
VARA-SERVIZIO was founded on 06-03-2017.
Is VARA-SERVIZIO still active?
Yes, VARA-SERVIZIO is an active enterprise in the KBO register.
How many employees does VARA-SERVIZIO have?
VARA-SERVIZIO had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VARA-SERVIZIO?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €60,953 and 73 comparable companies (NACE 56111). It probably lies between €160,000 and €260,000.
Is VARA-SERVIZIO profitable?
In financial year 2025, VARA-SERVIZIO made a loss of €33,026.
Where can I find the annual accounts of VARA-SERVIZIO?
VARA-SERVIZIO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VARA-SERVIZIO due?
VARA-SERVIZIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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