VARGA CONSULTING
ActiveVARGA CONSULTING has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €428k and a net result of €28k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-68
Solvency96▲+2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 3.03 in 2024), and 47.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.2%
Return on assets
3.4%
Age of the figures
11 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
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
61 d late
2023
30 d late
2022
32 d late
2021
5 d late
2020
19 d late
2019
on the day
← before the deadline
after the deadline →
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
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28k▼ 66.1%
2024 · €82k
2018: €53k
2019: €13k
2020: €47k
2021: €27k
2022: €67k
2023: €56k
2024: €82k
2018 → 2025
Working capital
€94k▼ 26.9%
2024 · €129k
2018: €150k
2019: €104k
2020: €136k
2021: €44k
2022: €91k
2023: €89k
2024: €129k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€331k▲ 22.6%€331k=€400k▲ 20.8%€428k▲ 6.9%
Operating result€42k-€94k▲ 125%€77k▼ 17.3%€111k▲ 43.8%€45k▼ 59.5%
Net result€27k-€67k▲ 149%€56k▼ 15.6%€82k▲ 45.7%€28k▼ 66.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €819k
Fixed assets
€668k▲ 5.1%
Current assets
€151k▼ 21.5%
Equity and liabilities €819k
Equity
€428k▲ 6.9%
Debt
€391k▼ 8.6%
The debt ratio falls from 51.7% to 47.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€130k▼
2024 · €166k
Cash flow
€113k▼
2024 · €137k
Solvency
52.2%▲
2024 · 48.3%
Current ratio
2.66▼
2024 · 3.03
Quick ratio
1.11▼
2024 · 1.67
Debt / equity
0.91▼
2024 · 1.07
ROE
6.5%▼
2024 · 20.5%
ROA
3.4%▼
2024 · 9.9%
Interest coverage
15.24▼
2024 · 23.34
Debt
€391k▼
2024 · €428k
Debt ≤ 1 year
€57k▼
2024 · €64k
Debt > 1 year
€333k▼
2024 · €364k
Income taxes
€9k▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€829k€819k▼
Fixed assets21/28€636k€668k▲
Tangible fixed assets22/27€636k€668k▲
Land and buildings22€582k€632k▲
Furniture and vehicles24€49k€33k▼
Other tangible fixed assets26€6k€4k▼
Current assets29/58€192k€151k▼
Stocks and contracts in progress3€86k€88k▲
Stocks30/36€86k€88k▲
Amounts receivable within one year40/41€33k€42k▲
Trade receivables40€31k€40k▲
Other amounts receivable41€2k€2k▼
Current investments50/53€40k-
Cash at bank and in hand54/58€31k€15k▼
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€829k€819k▼
Equity10/15€400k€428k▲
Contributions10/11€19k€19k=
Reserves13€95k€95k=
Distributable reserves133€95k€95k=
Profit (loss) carried forward14€287k€315k▲
Amounts payable17/49€428k€391k▼
Amounts payable after more than one year17€364k€333k▼
Financial debts170/4€364k€333k▼
Amounts payable within one year42/48€64k€57k▼
Current portion of amounts payable after more than one year42€32k€31k▼
Financial debts43€1k€1k=
Credit institutions430/8€1k€1k=
Trade debts44€280€4k▲
Suppliers440/4€280€4k▲
Taxes, remuneration and social security45€18k€20k▲
Taxes450/3€14k€20k▲
Remuneration and social security454/9€4k-
Other amounts payable47/48€13k-
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€85k▲
Other operating charges640/8€7k€15k▲
Gross operating margin9900€173k€145k▼
Operating profit (loss)9901€111k€45k▼
Financial income75/76B€304€108▼
Recurring financial income75€304€108▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€105k€37k▼
Income taxes67/77€23k€9k▼
Profit (loss) for the period9904€82k€28k▼
Profit (loss) for the period to be appropriated9905€82k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€300k€315k▲
Profit (loss) brought forward from the previous period14P€218k€287k▲
Profit to be distributed694/7€13k-
Directors or managers695€13k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
30-09
Financial
Highest result since 2018net €82k ▲45.7%
Operating result €111k, net result €82k, both a record.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Weakest financial yearnet €13k ▼74.8%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €200kEq €213k ▲6.6%
2 profitable years in a row build equity to €213k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Herbert Hooverlaan 591030 SchaarbeekGround area
903 m²
Building footprint
514 m²
Volume, LiDAR
9,721 m³
Parcel 21911C0137/00S000, Brussels · tallest building 22.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
VARGA CONSULTING
since 20142.226.755.655
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0137/00S000 | Brussels | 903 m² | 1 · 514 m² | 22.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
AUREALYS
BE 0821.998.784
Vorst · Eq €428k
ARTIOS
BE 0871.228.561
Vilvoorde · Eq €428k
INDEFF
BE 0550.916.646
Antwerpen · Eq €428k
COBOSYSTEMS
BE 0437.812.963
Elsene · Eq €428k
SCAI
BE 0842.059.176
Antwerpen · Eq €428k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 12,568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2014
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.