VARAMAR
The computed 12-month bankruptcy probability of VARAMAR is 2.0% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-30k. Equity is shrinking by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 950 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €-30k |
| Staff (FTE) | 2.5 |
| Better than sector | 17% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.6% | 27.2% | |
| Net result | €-30k | €24k | |
| Equity | €3k | €171k | |
| Gross operating margin | €81k | €175k | |
| Staff costs | €123k | €166k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-30k |
| Cash flow | - |
| Staff costs | €123k |
| Income taxes | €198 |
| Dividends | - |
| Total assets | €589k |
| Equity | €3k |
| Debt | €585k |
| of which ≤ 1y | €585k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | 2.5 |
| 2024 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.97 |
| Working capital ratio | -2.6% |
| Solvency | 0.6% |
| Debt / equity | 172.31 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -5.1% |
| ROE | -884.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €589k |
| Fixed assets | 21/28 | €19k |
| Financial fixed assets | 28 | €19k |
| Current assets | 29/58 | €570k |
| Amounts receivable within one year | 40/41 | €542k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €589k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €23k |
| Accumulated profits (losses) | 14 | €-30k |
| Amounts payable | 17/49 | €585k |
| Amounts payable within one year | 42/48 | €585k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €81k |
| Operating result | 9901 | €-45k |
| Financial income | 75 | €34k |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €-30k |
| Income taxes | 67/77 | €198 |
| Net result for the period | 9904 | €-30k |
| Result to be appropriated | 9905 | €-30k |
| NACE primary | Wholesale trade(46190) |
| Legal form | Private limited company(610) |
| Incorporation | 09-03-2021 |
| Status | Active |
| Postal code | 2600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0436/00P013 | Flanders | 924 m² | 1 · 562 m² | 24.3 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-04-2025 Registered office moved within Antwerpen
- Koningin Elisabethlei 16 - 2018 Antwerpen → Generaal Lemanstraat 74 2600 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Generaal Lemanstraat 74\n2600 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Generaal Lemanstraat",
"country": "BE",
"postcode": "2600",
"box_number": null,
"street_number": "74",
"locality_suffix": null
},
"old_address": {
"raw": "Koningin Elisabethlei 16 - 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Koningin Elisabethlei",
"country": "BE",
"postcode": "2018",
"box_number": "2018",
"street_number": "16",
"locality_suffix": null
},
"effective_date": "2025-03-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-08",
"filing_date": "2025-03-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2025-03-27",
"unanimous": null
},
"subject_company": {
"kbo": "0764.837.476",
"name_full": "VARAMAR",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maxime Degenaers",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}06-04-2023 Restructuring of share classes
Technical details
{
"events": [
{
"kind": "share_class_creation",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": 10000,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Nicolas VERBIST",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-03-21",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-03-21",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-02-28"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0764.837.476",
"name_full": "VARAMAR",
"legal_form": "Besloten vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"notulen",
"statuten"
],
"shareholders_after": [],
"share_classes_after": []
}05-05-2022 Registered office moved within Antwerpen
- Uitbreidingstraat 84 - 2600 Antwerpen → Koningin Elisabethlei 16 2018 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Koningin Elisabethlei 16\n2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Koningin Elisabethlei",
"country": "BE",
"postcode": "2018",
"box_number": null,
"street_number": "16",
"locality_suffix": null
},
"old_address": {
"raw": "Uitbreidingstraat 84 - 2600 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Uitbreidingstraat",
"country": "BE",
"postcode": "2600",
"box_number": null,
"street_number": "84",
"locality_suffix": null
},
"effective_date": "2022-04-20",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-04-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2022-04-25",
"unanimous": null
},
"subject_company": {
"kbo": "0764.837.476",
"name_full": "VARAMAR",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maxime Degenaers",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [
"publicatieformulieren 1 en 2"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VARAMAR |