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Active
BE 0795.679.617Private limited companyOpen bankruptcy
VARO
· 3 yrs active
Sector: Construction of buildings
(41001)
Conclusion
A bankruptcy procedure is open for VARO according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €7k and a net result of €5k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €7k |
| Net result | €5k |
| Better than sector | 35% |
| Active | 3 yrs |
Snowflake analysis
37
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
35
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 18-09-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.9% | 37.6% | |
| Net result | €5k | €9k | |
| Equity | €7k | €25k | |
| Gross operating margin | €9k | €27k | |
| Total assets | €30k | €79k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €8k |
| Net profit | €5k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €30k |
| Equity | €7k |
| Debt | €22k |
| of which ≤ 1y | €22k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.89 |
| Quick ratio | 0.80 |
| Working capital ratio | -8.3% |
| Solvency | 24.9% |
| Debt / equity | 3.02 |
| Long-term debt ratio | - |
| Interest coverage | 82.45 |
| Gross margin | - |
| Net margin | - |
| ROA | 16.5% |
| ROE | 66.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €30k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €8k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €20k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €30k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €5k |
| Amounts payable | 17/49 | €22k |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €9k |
| Operating result | 9901 | €7k |
| Financial charges | 65 | €100 |
| Result before taxes | 9903 | €7k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | RUDI VAN GOMPEL DORP 8, 2360 OUD-TURNHOUT- |
10-02-2026 → present | Belgian State Gazette |
| Curator | TOM ROBEYNS DORP 8, 2360 OUD-TURNHOUT- |
10-02-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 03-01-2023 |
| Status | Active |
| Postal code | - |
| First BS signal | 16-02-2026 |
| Latest BS signal | 16-02-2026 |
Company structure, linked entities
Mandates
Establishment units
VARO
since 20232.339.812.719
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13632H0158/00M003 | Flanders | 206 m² | 1 · 96 m² | 9.8 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
16-02-2026
Bankruptcy
Opening
2024
18-09-2024
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
16-02-2026
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Stukadoorswerk43310Stukadoorswerk43310Schrijnwerk43320Schrijnwerk43320Dakwerkzaamheden43410Dakwerkzaamheden43910Metselwerk43910Overige gespecialiseerde bouwactiviteiten, neg43990Uitvoeren van metsel- en voegwerken43994Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
| Legal nameNL | VARO |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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