VARM
The computed 12-month bankruptcy probability of VARM is 0.4% (very low). The 2025 annual accounts show equity of €469k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 80% of 472 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €469k |
| Net result | €5k |
| Staff (FTE) | 2.8 |
| Better than sector | 80% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.5% | 21.1% | |
| Net result | €5k | €32k | |
| Equity | €469k | €162k | |
| Gross operating margin | €168k | €282k | |
| Staff costs | €127k | €223k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €31k |
| Net profit | €5k |
| Cash flow | €21k |
| Staff costs | €127k |
| Income taxes | - |
| Dividends | - |
| Total assets | €861k |
| Equity | €469k |
| Debt | €392k |
| of which ≤ 1y | €387k |
| of which > 1y | - |
| Working capital | €446k |
| Employees (FTE) | 2.8 |
| 2025 | |
|---|---|
| Current ratio | 2.15 |
| Quick ratio | 0.51 |
| Working capital ratio | 51.8% |
| Solvency | 54.5% |
| Debt / equity | 0.84 |
| Long-term debt ratio | - |
| Interest coverage | 2.12 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.6% |
| ROE | 1.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €861k |
| Fixed assets | 21/28 | €28k |
| Intangible fixed assets | 21 | €11k |
| Tangible fixed assets | 22/27 | €17k |
| Financial fixed assets | 28 | €303 |
| Current assets | 29/58 | €833k |
| Stocks & contracts in progress | 3 | €637k |
| Amounts receivable within one year | 40/41 | €103k |
| Cash & bank | 54/58 | €77k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €861k |
| Equity | 10/15 | €469k |
| Contributions / capital | 10/11 | €74k |
| Reserves | 13 | €421k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €392k |
| Amounts payable within one year | 42/48 | €387k |
| Trade debts payable within one year | 44 | €48k |
| Income statement | ||
| Gross operating margin | 9900 | €168k |
| Operating result | 9901 | €15k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €5k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
| NACE primary | Retail trade(47559) |
| Legal form | Public limited company(014) |
| Incorporation | 14-02-1985 |
| Status | Active |
| Postal code | 8560 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0776/00R000 | Flanders | 897 m² | 1 · 729 m² | 9.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-05-2024 5 directors appointed correction
- VANSTEENBRUGGE Benoit Bernard Joseph-Marie, Bestuurder
- VANSTEENBRUGGE Yves Richard Marie Joseph, Bestuurder
- Yves Vansteenbrugge, Vaste vertegenwoordiger
- VANSTEENBRUGGE Yves Richard Marie Joseph, Gedelegeerd bestuurder
- Bekaert-Callebaut Accountancy, Gedelegeerd bestuurder
Technical details
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"pub_date": "2024-05-07",
"filing_date": "2024-05-03",
"act_kind_objet": "Onderwerp akte:"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VARM |