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VARO-IMMO

Active
Private limited companyfounded 2010active for 16 yearsProcessieweg 67, 3560 Lummen, BelgiumKBO/BCE: BE 0823.347.084
Summary

VARO-IMMO has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,452 and a net result of €109,900. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 48% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-02-2010 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 3 others
Joint committee
307 Paritair Comité voor de makelarij en verzekeringsagentschappen · annual accounts 2025
Establishment unit
2.187.183.813 3560 Lummen, since 23-02-2010
Financial year end
31 December
Peppol
Reachable since 09-02-2026

Board and ownership

Board
  • VARODirector · since 22-02-2010 · permanent representative VANWEZEMAEL Rob

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€613,171
▲ 2.0%
Turnover
≈ €690,000
estimated
Profit
€109,900
▲ 4.0%
Equity
€255,452
=
Total assets
€898,329
▼ 7.3%
  • 2025 accounts filed 26 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: total assets €898,329Figures for financial year 2025 (filed on 26-08-2026)Liquidity: current ratio 0.81, cash €135,594Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 53+2
equity 28.4% of total assets
Liquidity 57-6
short-term debt 29.6% · cash 15.1%
Profitability 84+2
return on assets 12.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.81 (0.94 in 2024), below 1. Short-term debt is 29.6% and cash 15.1% of total assets. 71.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 48% of them on solvency, 68% on liquidity, 81% on profitability and 45% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €898,329
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-08-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.81, cash €135,594
NBB · annual accounts
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
8 days late
2023
on the day
2022
85 days late
2021
115 days late
2020
91 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Fewer staff in 2025from 4.8 FTE to 0 FTE ▼ 100% View
  • Caution: Directors leftlatest change 28-07-2026 · 1 in office 2 left View
  • Positive: 8 profitable years in a rowprofit 2025: €109,900 8 years View
  • Higher gross margin than 87% of companies in real estatesector median €90,556 · 11,232 companies €613,171 View

Recent changes

  1. · Gazette deed Registered office moved from Halen to LummenNew seat: Processieweg 67, B-3560 Lummen · Previous seat: Fonteinstraat 43/A1, B-3545 Halen · Resignation: Robert Vanwezemael (director)
  2. · Gazette deed Resignation: Heidi Wuestenbergs (director)
  3. · Gazette deed Company renamed from W & V-Verzekeringen to VARO-IMMO
All 18 events

Comparable companies

These companies have the same main activity as VARO-IMMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €489,000 and €1.9m, founded between 1999 and 2014.

CompanyTotal assetsGross margin
VARO-IMMO Lummen€0.9m€0.6m
EMORIS Geraardsbergen€0.6m€0.5m
Agriland Consulting Rixensart€1.3m€0.4m
EDIRJUS Geraardsbergen€0.5m€0.5m
SOMABRI Watermaal-Bosvoorde€1.2m€0.4m
DTC-INVEST Geel€0.8m€0.3m
IMMO-LINALEX Oudergem€1.9m€0.5m
Full comparison

Key facts about VARO-IMMO

What is the company number of VARO-IMMO?
The company number of VARO-IMMO is 0823.347.084. The VAT number is the same number with BE in front: BE 0823.347.084.
Where is VARO-IMMO based?
The registered office is at Processieweg 67, 3560 Lummen.Company details
What does VARO-IMMO do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of VARO-IMMO?
The legal form of VARO-IMMO is Private limited company (BV).
When was VARO-IMMO founded?
VARO-IMMO was founded on 23-02-2010.
Is VARO-IMMO still active?
Yes, VARO-IMMO is an active enterprise in the KBO register.
How many employees does VARO-IMMO have?
VARO-IMMO had an average of 4.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does VARO-IMMO fall under?
In its 2025 annual accounts, VARO-IMMO states joint committee 307 (Paritair Comité voor de makelarij en verzekeringsagentschappen).
What is the turnover of VARO-IMMO?
The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €613,171 and 38 comparable companies (NACE 68201). It probably lies between €620,000 and €760,000.
Is VARO-IMMO profitable?
In financial year 2025, VARO-IMMO made a profit of €109,900.
Where can I find the annual accounts of VARO-IMMO?
VARO-IMMO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VARO-IMMO due?
VARO-IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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