VARITECH
ActiveVARITECH has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €357k and a net result of €34k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-8
Solvency86▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.62 in 2024; short-term debt: 38.3% and cash: 6.8% of total assets), and 39.1% of the assets are financed with debt.
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 · 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
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
60.9%
Return on assets
5.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
59 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€357k▲ 4.1%
2024 · €343k
2018: €91k
2019: €89k
2020: €91k
2021: €137k
2022: €194k
2023: €271k
2024: €343k
2018 → 2025
Total assets
€586k▼ 0.9%
2024 · €591k
2018: €537k
2019: €475k
2020: €415k
2021: €580k
2022: €563k
2023: €584k
2024: €591k
2018 → 2025
Net result
€34k▼ 52.4%
2024 · €72k
2018: €42k
2019: €49k
2020: €2k
2021: €71k
2022: €80k
2023: €101k
2024: €72k
2018 → 2025
Working capital
€144k▲ 12.4%
2024 · €128k
2018: €-31k
2019: €-37k
2020: €-25k
2021: €20k
2022: €46k
2023: €97k
2024: €128k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€194k▲ 40.9%€271k▲ 39.9%€343k▲ 26.5%€357k▲ 4.1%
Operating result€103k-€109k▲ 5.7%€143k▲ 31.7%€90k▼ 37.4%€51k▼ 43.3%
Net result€71k-€80k▲ 12.9%€101k▲ 26.3%€72k▼ 29.1%€34k▼ 52.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586k
Fixed assets
€217k▼ 14.7%
Current assets
€369k▲ 9.5%
Equity and liabilities €586k
Equity
€357k▲ 4.1%
Debt
€229k▼ 7.7%
The debt ratio falls from 42.0% to 39.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93k▼
2024 · €125k
Cash flow
€77k▼
2024 · €107k
Solvency
60.9%▲
2024 · 58.0%
Current ratio
1.64▲
2024 · 1.62
Quick ratio
1.04▲
2024 · 0.77
Debt / equity
0.64▼
2024 · 0.72
ROE
9.6%▼
2024 · 21.0%
ROA
5.8%▼
2024 · 12.1%
Interest coverage
8.36▲
2024 · 7.99
Debt
€229k▼
2024 · €248k
Debt ≤ 1 year
€224k▲
2024 · €208k
Debt > 1 year
€4k▼
2024 · €39k
Income taxes
€15k▼
2024 · €21k
Staff costs
€128k▼
2024 · €156k
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€591k€586k▼
Fixed assets21/28€255k€217k▼
Intangible fixed assets21€30k€24k▼
Tangible fixed assets22/27€224k€194k▼
Land and buildings22€153k€144k▼
Plant, machinery and equipment23€53k€38k▼
Furniture and vehicles24€19k€12k▼
Financial fixed assets28€50€50=
Current assets29/58€336k€369k▲
Stocks and contracts in progress3€176k€135k▼
Stocks30/36€176k€135k▼
Amounts receivable within one year40/41€118k€189k▲
Trade receivables40€112k€111k▼
Other amounts receivable41€6k€78k▲
Cash at bank and in hand54/58€34k€40k▲
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€591k€586k▼
Equity10/15€343k€357k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€322k€336k▲
Amounts payable17/49€248k€229k▼
Amounts payable after more than one year17€39k€4k▼
Financial debts170/4€39k€4k▼
Amounts payable within one year42/48€208k€224k▲
Current portion of amounts payable after more than one year42€40k€41k▲
Financial debts43€75k€50k▼
Credit institutions430/8€75k€50k▼
Trade debts44€46k€70k▲
Suppliers440/4€46k€70k▲
Advances received on contracts in progress46€16k€5k▼
Taxes, remuneration and social security45€30k€34k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€23k€19k▼
Other amounts payable47/48€1k€24k▲
Accrued charges and deferred income492/3€977€448▼
Income statement
Code20242025
Remuneration, social security and pensions62€156k€128k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€42k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€58€95▲
Gross operating margin9900€283k€224k▼
Operating profit (loss)9901€90k€51k▼
Financial income75/76B€18k€9k▼
Recurring financial income75€18k€9k▼
Financial charges65/66B€16k€11k▼
Recurring financial charges65€16k€11k▼
Profit (loss) for the period before taxes9903€92k€49k▼
Income taxes67/77€21k€15k▼
Profit (loss) for the period9904€72k€34k▼
Profit (loss) for the period to be appropriated9905€72k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€322k€356k▲
Profit (loss) brought forward from the previous period14P€250k€322k▲
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
Social balance
Average headcount (FTE)90873.32.5▼
The notes to these accounts (15 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €101k ▲26.3%
Operating result €143k, net result €101k, both a record.
31-12
Financial
Equity above €200kEq €271k ▲39.9%
6 profitable years in a row build equity to €271k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Equity above €150kEq €194k ▲40.9%
5 profitable years in a row build equity to €194k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €137k ▲50.4%
4 profitable years in a row build equity to €137k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼95.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kampenhout · 1 establishment unit since 1989
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.
Vekestraat 291910 KampenhoutGround area
1.3 ha
Building footprint
3,502 m²
Volume, LiDAR
1 m³
Parcel 23038A0436/00A000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
VARITECH
since 19892.102.742.541
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038A0436/00A000 | Flanders | 1.3 ha | 1 · 3,502 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,090 EUR awarded · 3,090 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,090 EUR | 3,090 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
Dewit Events
BE 0737.734.785
Overijse · Eq €349k
ALPITEC
BE 0808.373.947
Fernelmont · Eq €348k
KRAMER PAARDENSPORT
BE 0553.777.750
Antwerpen · Eq €348k
OSAKA HOCKEY EUROPE
BE 0835.689.642
Antwerpen · Eq €347k
TOP-JUMPS
BE 0886.735.792
Kampenhout · Eq €347k
Of 584 companies in sector 46496 we hold annual accounts for 384. 279 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-1989
Fiscal year end31-12
Activities, NACEBEL
46496Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.