Equity
€1.8m ▲ 23.2%
VARICO has made a profit without a break since 2012.
VARICO
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €1.4m (2023)
€741,263▲ 34.8%
lowest -€142,160 (2009)
€339,389▲ 64.2%
peak €2.3m (2019)
€1.8m▲ 23.2%
€805,029▼ 49.2%
peak 9.6 FTE (2015)
-not published
Board2 names since 2000
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €549,930 to €741,263Result from €206,697 to €339,389Equity from €1.4m to €1.8mDebts from €1.6m to €805,029
Key points
from the 2025 annual accountsResult
€339,389 ▲ 64.2%
The result rose in 2025: different schema filed.
Turnover
≈ €830,000 estimated
The accounts state no turnover.
Liquidity
1.96 was 1.23 in 2024
Short-term debts fell from €1.3m to €734,147.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 16 to 33 days before the end of the period.
Position in the sector
€339,389
Higher net result than 95% of companies in real estate. Sector median €5,859 · 19,800 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as VARICO has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for VARICO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471953795
Legal-form change · Resignations & appointments
Name clause: VARICO · Board composition: (director (not named in the articles)) · Board composition: (director (not named in the articles)) · General meeting of 13-04-2023 · Gazette deed
Environmental permit granted
Nieuwbouw of aanleggen, Slopen of verwijderen, Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden and 1 more · Provincie Antwerpen
First establishment
Sint Lenaartseweg 210, Wuustwezel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VARICO Wuustwezel | €2.6m | €741,263 | 68.8% | - |
| L & R VASTGOED Antwerp | €2.8m | €940,728 | 57.0% | 6.5 |
| OKTOBER EVENTS Lebbeke | €2.8m | €769,828 | 50.8% | 5.5 |
| KENMIDES Aalst | €2.4m | €623,310 | 50.2% | 0 |
| IMMO STONE Brussels | €3.1m | €710,476 | 80.4% | 1 |
| ANIM'ICE Tubize | €2.6m | €776,539 | 25.7% | 0 |
| IMMOMAPI Ferrières | €2.4m | €658,946 | 20.5% | 2.9 |
These companies have the same main activity as VARICO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.4m and €3.1m, founded between 1995 and 2005.
Official details
Source: KBO- Status
- Active since 23-05-2000Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 4 others
- Joint committees
- 145Horticulture
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.097.397.6432990 Wuustwezel, since 22-06-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 17-10-2024
Annual accounts 2025
- €2.6m▼ 14.7%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on VARICO
VARICO files the micro format. That format states no turnover. The gross margin rose from €387,865 in 2006 to €741,263 in 2025.
The balance sheet grew most from 2011 to 2012 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VARICO
- What is the company number of VARICO?
- The company number of VARICO is 0471.953.795. The VAT number is the same number with BE in front: BE 0471.953.795.
- Where is VARICO based?
- The registered office is at Sint Lenaartseweg 210, 2990 Wuustwezel.Company details
- What does VARICO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of VARICO?
- VARICO is a private limited company (BV).
- When was VARICO founded?
- VARICO was founded on 23-05-2000.
- Is VARICO still active?
- Yes, VARICO is an active enterprise in the KBO register.
- How many employees does VARICO have?
- VARICO had an average of 5.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does VARICO fall under?
- In its 2024 annual accounts, VARICO states joint committees 145 (Horticulture) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of VARICO?
- The turnover in financial year 2025 is ≈ €830,000. This figure is estimated from the gross margin of €741,263 and 46 comparable companies (NACE 68203). It probably lies between €760,000 and €1.0m.
- Is VARICO profitable?
- In financial year 2025, VARICO made a profit of €339,389.
- Where can I find the annual accounts of VARICO?
- VARICO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VARICO due?
- VARICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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