VARDOMAR
ActiveSummary
VARDOMAR has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€478,985) and a net result of -€2,053. Equity is shrinking by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 3145 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+33
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.05 in 2024; short-term debt: 194.7% and cash: 0.9% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-160.5%
Return on assets
-0.7%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€478,985
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
36 d early
2022
41 d early
2021
40 d early
2020
29 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€478,985▼ 0.4%
2024 · -€476,932
Total assets
€298,343▼ 9.1%
2024 · €328,136
Net result
-€2,053▲ 93.9%
2024 · -€33,928
Working capital
-€562,984▼ 3.0%
2024 · -€546,572
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€380,596-€23,573▲ 93.8%-€35,465▼ 50.4%-€21,954▲ 38.1%€8,323
Net result-€389,144-€32,408▲ 91.7%-€49,571▼ 53.0%-€33,928▲ 31.6%-€2,053▲ 93.9%
Equity-€361,024-€393,433▼ 9.0%-€443,004▼ 12.6%-€476,932▼ 7.7%-€478,985▼ 0.4%
Total assets€703,671▼ 20.7%€390,369▼ 44.5%€347,637▼ 10.9%€328,136▼ 5.6%€298,343▼ 9.1%
Debt€1.1m▲ 24.0%€783,802▼ 26.4%€790,640▲ 0.9%€805,068▲ 1.8%€777,328▼ 3.4%
Working capital-€434,949▼ 746%-€461,313▼ 6.1%-€506,535▼ 9.8%-€546,572▼ 7.9%-€562,984▼ 3.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +92% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8,323 after a loss of €21,954 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €298,343
Fixed assets
€280,500 ▼ 6.9%
Current assets
€17,843 ▼ 33.5%
Key figures and ratios
EBITDA
€29,141▲
2024 · €3,138
Cash flow
€18,765▲
2024 · -€8,836
Solvency
-160.5%▼
2024 · -145.3%
Current ratio
0.03▼
2024 · 0.05
Quick ratio
0.03▼
2024 · 0.05
Debt to equity
-1.62▲
2024 · -1.69
ROA
-0.7%▲
2024 · -10.3%
Interest coverage
2.81▲
2024 · 0.26
Debt ≤ 1 year
€580,828▲
2024 · €573,391
Debt > 1 year
€196,500▼
2024 · €229,250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.5%
went bankrupt
5.6%
stopped otherwise
90%
still going
A further 1.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,338 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €335 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,781 | €40,794 | €40,955 | €25,092 | €20,818 | ▼ 17.0% |
| Other operating charges640/8 | - | €4,479 | €4,188 | €10,308 | €3,872 | ▼ 62.4% |
| Gross operating margin9900 | -€329,012 | €21,701 | €9,678 | €13,782 | €33,013 | ▲ 140% |
| Operating profit (loss)9901 | -€380,596 | -€23,573 | -€35,465 | -€21,954 | €8,323 | ▲ 138% |
| Financial income75/76B | - | - | - | - | €1 | - |
| Recurring financial income75 | €0 | - | - | - | €1 | - |
| Financial charges65/66B | - | €8,835 | €14,106 | €11,974 | €10,377 | ▼ 13.3% |
| Recurring financial charges65 | €7,515 | €8,835 | €14,106 | €11,974 | €10,377 | ▼ 13.3% |
| Profit (loss) for the period before taxes9903 | -€388,110 | -€32,408 | -€49,571 | -€33,928 | -€2,053 | ▲ 93.9% |
| Income taxes67/77 | €1,034 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€389,144 | -€32,408 | -€49,571 | -€33,928 | -€2,053 | ▲ 93.9% |
| Profit (loss) for the period to be appropriated9905 | -€389,144 | -€32,408 | -€49,571 | -€33,928 | -€2,053 | ▲ 93.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €703,671 | €390,369 | €347,637 | €328,136 | €298,343 | ▼ 9.1% |
| Fixed assets21/28 | €401,425 | €362,630 | €326,410 | €301,317 | €280,500 | ▼ 6.9% |
| Tangible fixed assets22/27 | €401,275 | €362,480 | €326,260 | €301,167 | €280,350 | ▼ 6.9% |
| Land and buildings22 | - | €326,501 | €309,825 | €293,150 | €276,475 | ▼ 5.7% |
| Plant, machinery and equipment23 | - | €27,924 | €11,712 | €6,628 | €3,874 | ▼ 41.5% |
| Furniture and vehicles24 | - | €8,056 | €4,722 | €1,389 | - | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €302,247 | €27,739 | €21,227 | €26,819 | €17,843 | ▼ 33.5% |
| Stocks and contracts in progress3 | €137,601 | €2,043 | €2,895 | €992 | €2,897 | ▲ 192% |
| Stocks30/36 | - | €2,043 | €2,895 | €992 | €2,897 | ▲ 192% |
| Amounts receivable within one year40/41 | €81,308 | €4,528 | €1,274 | €1,153 | €2,226 | ▲ 93.1% |
| Trade receivables40 | - | €3,960 | - | €1,113 | €2,226 | ▲ 100% |
| Other amounts receivable41 | - | €567 | €1,274 | €40 | - | - |
| Cash at bank and in hand54/58 | €6,459 | €21,168 | €544 | €281 | €2,720 | ▲ 866% |
| Deferred charges and accrued income490/1 | - | - | €16,514 | €24,393 | €10,000 | ▼ 59.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €703,671 | €390,369 | €347,637 | €328,136 | €298,343 | ▼ 9.1% |
| Equity10/15 | -€361,024 | -€393,433 | -€443,004 | -€476,932 | -€478,985 | ▼ 0.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€381,484 | -€413,893 | -€463,464 | -€497,392 | -€499,445 | ▼ 0.4% |
| Amounts payable17/49 | €1.1m | €783,802 | €790,640 | €805,068 | €777,328 | ▼ 3.4% |
| Amounts payable after more than one year17 | €327,500 | €294,750 | €262,000 | €229,250 | €196,500 | ▼ 14.3% |
| Financial debts170/4 | - | €294,750 | €262,000 | €229,250 | €196,500 | ▼ 14.3% |
| Amounts payable within one year42/48 | €737,196 | €489,052 | €527,762 | €573,391 | €580,828 | ▲ 1.3% |
| Current portion of amounts payable after more than one year42 | - | €32,750 | €32,750 | €32,750 | €32,750 | = |
| Financial debts43 | - | €47,500 | €47,500 | €47,500 | €32,500 | ▼ 31.6% |
| Credit institutions430/8 | - | €47,500 | €47,500 | €47,500 | €32,500 | ▼ 31.6% |
| Trade debts44 | €434,623 | €319,752 | €324,485 | €12,465 | €6,235 | ▼ 50.0% |
| Suppliers440/4 | - | €319,752 | €324,485 | €12,465 | €6,235 | ▼ 50.0% |
| Advances received on contracts in progress46 | - | - | €8,208 | €4,240 | €10,600 | ▲ 150% |
| Taxes, remuneration and social security45 | - | €37,905 | €36,500 | €151 | €284 | ▲ 88.4% |
| Taxes450/3 | - | €1,405 | - | €151 | €284 | ▲ 88.4% |
| Remuneration and social security454/9 | - | €36,500 | €36,500 | - | - | - |
| Other amounts payable47/48 | - | €51,145 | €78,319 | €476,286 | €498,459 | ▲ 4.7% |
| Accrued charges and deferred income492/3 | - | - | €878 | €2,427 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€389,144 | -€32,408 | -€49,571 | -€33,928 | -€2,053 | ▲ 93.9% |
| + Depreciation and write-downs630 | €42,781 | €40,794 | €40,955 | €25,092 | €20,818 | ▼ 17.0% |
| Operating cash flow (approximation) | -€346,363 | €8,386 | -€8,616 | -€8,836 | €18,765 | ▲ 312% |
| Investment in fixed assets (approximation) | - | -€2,000 | -€4,735 | €0 | €0 | - |
| Change in cash | - | €14,709 | -€20,624 | -€263 | €2,438 | ▲ 1,027% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet -€389,144
Net result drops to -€389,144, the lowest in the series; recovery starts the following year.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €18,304
Net result €18,304 after 2 loss-making years.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Beernem · 2 establishment units since 2009
Ground area
2.0 ha
Building footprint
780 m²
Volume, LiDAR
3,027 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Audenaerdemolen 8, 8730 Beernem
since 20092.182.786.149
VARDOMAR
since 20092.190.378.180
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003B0409/00H000 | Flanders | 1.5 ha | 1 · 206 m² | 8.7 m · 2 fl. |
| 31021D0436/00L000 | Flanders | 5,172 m² | 1 · 573 m² | 4.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeernem2.182.786.149
Similar companies · same sector, comparable size
Polsa
BE 0670.808.151
Kortemark · Eq €27,928
VarMar
BE 1007.013.319
Aalter · Eq €26,245
DE LOCHTJES
BE 0438.471.771
Pelt · Eq €23,620
MUWA
BE 0466.790.922
Bocholt · Eq €22,262
Van den Eynde P.
BE 0544.543.449
Ravels · Eq €20,971
Of 587 companies in sector 01462 we hold annual accounts for 213. 80 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
Founded02-11-2009
Fiscal year end30-09
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0820314746
Registered
05-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.