VARIRES
ActiveFor VARIRES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €500k and a net result of €81k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 34227 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability81▲+3
Solvency86▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · 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 2023Solvency, return and age of the figures
Solvency
60.8%
Return on assets
9.8%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline18-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-12-2024, 128 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
128 d late
2022
13 d early
2021
77 d late
2020
61 d late
2019
84 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€500k▲ 16.7%
2022 · €429k
2018: €96k
2019: €139k
2020: €277k
2021: €375k
2022: €429k
2018 → 2023
Total assets
€823k▼ 8.2%
2022 · €897k
2018: €697k
2019: €670k
2020: €839k
2021: €897k
2022: €897k
2018 → 2023
Net result
€81k▲ 27.7%
2022 · €63k
2018: €11k
2019: €46k
2020: €139k
2021: €98k
2022: €63k
2018 → 2023
Working capital
€291k▼ 2.7%
2022 · €299k
2018: €-23k
2019: €7k
2020: €128k
2021: €239k
2022: €299k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€139k-€277k▲ 100%€375k▲ 35.2%€429k▲ 14.3%€500k▲ 16.7%
Operating result€77k-€221k▲ 185%€157k▼ 29.0%€103k▼ 34.5%€126k▲ 23.1%
Net result€46k-€139k▲ 201%€98k▼ 29.7%€63k▼ 35.1%€81k▲ 27.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 23% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €823k
Fixed assets
€455k▼ 8.9%
Current assets
€368k▼ 7.4%
Equity and liabilities €823k
Equity
€500k▲ 16.7%
Debt
€323k▼ 31.1%
The debt ratio falls from 52.2% to 39.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€170k▲
2022 · €147k
Cash flow
€125k▲
2022 · €107k
Solvency
60.8%▲
2022 · 47.8%
Current ratio
4.77▲
2022 · 4.03
Quick ratio
4.77▲
2022 · 4.03
Debt / equity
0.64▼
2022 · 1.09
ROE
16.2%▲
2022 · 14.8%
ROA
9.8%▲
2022 · 7.1%
Interest coverage
11.62▲
2022 · 11.54
Debt
€323k▼
2022 · €468k
Debt ≤ 1 year
€77k▼
2022 · €99k
Debt > 1 year
€239k▼
2022 · €356k
Income taxes
€34k▲
2022 · €27k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€897k€823k▼
Fixed assets21/28€499k€455k▼
Tangible fixed assets22/27€499k€455k▼
Land and buildings22€492k€454k▼
Furniture and vehicles24€7k€1k▼
Financial fixed assets28€45€45=
Current assets29/58€398k€368k▼
Amounts receivable within one year40/41€31k€67k▲
Trade receivables40€28k€2k▼
Other amounts receivable41€2k€65k▲
Cash at bank and in hand54/58€366k€300k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€897k€823k▼
Equity10/15€429k€500k▲
Contributions10/11€8k€8k=
Reserves13€364k€436k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€362k€434k▲
Profit (loss) carried forward14€56k€56k=
Amounts payable17/49€468k€323k▼
Amounts payable after more than one year17€356k€239k▼
Financial debts170/4€356k€239k▼
Amounts payable within one year42/48€99k€77k▼
Current portion of amounts payable after more than one year42€30k€21k▼
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€58k€40k▼
Taxes450/3€58k€40k▼
Other amounts payable47/48€8k€16k▲
Accrued charges and deferred income492/3€14k€7k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€44k=
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€163-
Gross operating margin9900€153k€175k▲
Operating profit (loss)9901€103k€126k▲
Financial income75/76B€0€3k▲
Recurring financial income75€0€3k▲
Financial charges65/66B€13k€15k▲
Recurring financial charges65€13k€15k▲
Profit (loss) for the period before taxes9903€90k€115k▲
Income taxes67/77€27k€34k▲
Profit (loss) for the period9904€63k€81k▲
Profit (loss) for the period to be appropriated9905€63k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€137k▲
Profit (loss) brought forward from the previous period14P€56k€56k=
Transfer from equity791/2€10k€9k▼
Transfer to equity691/2€63k€81k▲
To other reserves6921€63k€81k▲
Profit to be distributed694/7€10k€9k▼
Return on contributions (dividend)694€10k€9k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 128 days late
2023
31-12
Financial
Equity above €500kEq €500k ▲16.7%
6 profitable years in a row build equity to €500k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €139k ▲201%
Operating result €221k, net result €139k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲100%
3 profitable years in a row build equity to €277k.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Equity above €100kEq €139k ▲45%
2 profitable years in a row build equity to €139k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Zele · 1 establishment unit since 2007
Ground area
2,653 m²
Building footprint
178 m²
Volume, LiDAR
835 m³
Parcel 42028B0734/00M000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VARIRES
since 20072.163.744.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B0734/00M000 | Flanders | 2,653 m² | 1 · 178 m² | 7.2 m · 2 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.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 34,617 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-06-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.