VAROBRO
ActiveSummary
VAROBRO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199,050 and a net result of €912. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Financials · fiscal year 2025, micro schema
2023 to 2025, 3 fiscal years
The operating result has fallen two years in a row; 2025 is 30% below 2024 and is the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €384 | €1,333 | €1,374 | ▲ 3.1% |
| Gross operating margin9900 | €3,073 | €2,175 | €1,961 | ▼ 9.8% |
| Operating profit (loss)9901 | €2,688 | €842 | €587 | ▼ 30.3% |
| Financial income75/76B | €1,714 | €1,714 | €1,714 | = |
| Recurring financial income75 | €1,714 | €1,714 | €1,714 | = |
| Financial charges65/66B | €23 | €42 | €42 | = |
| Recurring financial charges65 | €23 | €42 | €42 | = |
| Profit (loss) for the period before taxes9903 | €4,379 | €2,514 | €2,259 | ▼ 10.1% |
| Income taxes67/77 | €752 | €286 | €1,348 | ▲ 372% |
| Profit (loss) for the period9904 | €3,627 | €2,229 | €912 | ▼ 59.1% |
| Profit (loss) for the period to be appropriated9905 | €3,627 | €2,229 | €912 | ▼ 59.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €201,090 | €199,853 | €200,326 | ▲ 0.2% |
| Fixed assets21/28 | €197,425 | €197,425 | €197,425 | = |
| Tangible fixed assets22/27 | €197,425 | €197,425 | €197,425 | = |
| Land and buildings22 | €197,425 | €197,425 | €197,425 | = |
| Current assets29/58 | €3,665 | €2,427 | €2,901 | ▲ 19.5% |
| Amounts receivable within one year40/41 | - | €314 | - | - |
| Other amounts receivable41 | - | €314 | - | - |
| Cash at bank and in hand54/58 | €3,665 | €2,113 | €2,901 | ▲ 37.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €201,090 | €199,853 | €200,326 | ▲ 0.2% |
| Equity10/15 | €199,338 | €199,853 | €199,050 | ▼ 0.4% |
| Contributions10/11 | €192,097 | €192,097 | €192,097 | = |
| Profit (loss) carried forward14 | -€5,053 | -€2,825 | -€1,913 | ▲ 32.3% |
| Investment grants15 | €12,294 | €10,580 | €8,867 | ▼ 16.2% |
| Amounts payable17/49 | €1,752 | - | €1,276 | - |
| Amounts payable within one year42/48 | €1,752 | - | €1,276 | - |
| Taxes, remuneration and social security45 | €752 | - | €276 | - |
| Taxes450/3 | €752 | - | €276 | - |
| Other amounts payable47/48 | €1,000 | - | €1,000 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,627 | €2,229 | €912 | ▼ 59.1% |
| Operating cash flow (approximation) | €3,627 | €2,229 | €912 | ▼ 59.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€1,551 | €788 | ▲ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.