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VAROCON

Active Private limited company (pre-2019)founded 2012active for 14 yearsKerkevelden 19, 2560 NijlenKBO/BCE: BE 0843.265.342
VAROCON
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Overview

Lifetime

14 annual accounts with figures on one time axis
peak €60,358 (2023)
€40,232▼ 15.3%
peak €29,987 (2023)
€8,813▼ 38.7%
peak €245,020 (2024)
€196,886▼ 19.6%
€82,379▲ 251%
Board1 name since 2021
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €47,521 to €40,232Result from €14,378 to €8,813Dividend €56,948Equity from €245,020 to €196,886Debts from €23,501 to €82,379Cash from €67,056 to €95,118

Key points

from the 2025 annual accounts

Equity

€196,886 ▼ 19.6%
245,0202024+8,813Profit-56,948Dividend196,8862025

VAROCON paid out €56,948 in dividends. That is 646% of the 2025 profit.

Debts

€82,379 ▲ 251%
Other debts
+53,368
Suppliers
+1,350
The rest
+4,159

Debts rose by €58,878 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Two of the last ten came late. The 2025 accounts came latest: 30 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as VAROCON has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,902 companies, not a prediction for VAROCON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0843265342
Incorporation published on 14-02-2012 · Gazette deed
First establishment Kerkevelden 19, Nijlen
All 23 events

Comparable companies

same main activity, similar in size and age
Company
VAROCON Nijlen €279,264 €40,232 70.5% -
BREVARO Olen €251,806 €42,373 69.3% -
HW POORTEN Grobbendonk €248,182 €43,996 83.7% -
R-BOUW Brasschaat €263,828 €47,914 34.2% -
Atelier Mitch Evergem €278,059 €37,687 -4.3% -
D & D Interieur Poperinge €259,381 €44,464 72.9% -
Algemene Schrijnwerken Kristof De Cocker Ghent €270,366 €43,926 92.9% -

These companies have the same main activity as VAROCON: joinery installation (NACE 43320). They are comparable in size and age: total assets between €248,000 and €278,000, founded between 2010 and 2013.

Official details

Source: KBO
Status
Active since 27-01-2012Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.206.629.0462560 Nijlen, since 27-01-2012
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2025

€0
€8,813▼ 38.7%
€196,886▼ 19.6%
€279,264▲ 4.0%
Filing
Filed on 30-08-2026
Financials

Insights on VAROCON

VAROCON files the micro format. That format states no turnover. The gross margin rose from €16,517 in 2012 to €40,232 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-08-2026, 30 days late
€0
€14,352
▼ 31.2%
€39,108
▼ 15.2%
€33,570
▼ 15.3%
70.5%
▼ 20.7 percentage points
2.96
▼ 6.76

Money flows

no detail for 2025

Balance sheet

balance sheet total €279,264 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

70.5%

Higher than 76% of 37,177 companies in 2025.

2.96

Higher than 71% of 36,472 companies in 2025.

3.2%

Higher than 37% of 36,707 companies in 2025.

VAROCON Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 279,264268,521264,696240,834229,232194,073172,907137,088124,856101,17781,49268,49642,72527,749
20 ------------00
21/28 64,75088,778113,46413,91023,95732,90542,5037726,19611,15417,35822,2108,23410,854
22/27 64,75088,778113,46413,91023,95732,90542,5037726,19611,15417,35822,2108,23410,854
23 2559762,2433,0622,4527433751844841,2122,0932,0772,5353,490
24 64,49587,802111,22110,84821,50532,16142,1285885,7129,94215,26520,1335,7007,365
29/58 214,514179,744151,232226,924205,275161,168130,404136,316118,65990,02264,13446,28634,49116,894
3 -05001,0008501,000500500400350320375200500
30/36 -05001,0008501,000500500400350320375200500
40/41 9,4213,70714,6915,1805,1375,2863,3651,5909,4049,8962,0013,7183,3430
40 3,8141,0467,5715,1805,1373,2592,2251,2578,2649,8962,0013,4383,3430
41 5,6072,6627,120002,0271,1403341,1390028000
50/53 109,859104,999------------
54/58 95,11867,056130,615220,642196,350154,258125,927134,178108,80877,62061,68541,71530,26515,753
490/1 1173,9815,4261022,93862561248482,156128478683642
Balance sheet: equity and liabilities
10/49 279,264268,521264,696240,834229,232194,073172,907137,088124,856101,17781,49268,49642,72527,749
10/15 196,886245,020230,642200,655180,204154,416132,114116,26998,15275,96661,84045,57233,79021,401
10/11 12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 -----018,60018,60018,60018,60018,60018,60018,60018,600
101 -----06,2006,2006,2006,2006,2006,2006,2006,200
11 --12,40012,40012,40012,400--------
1109/19 --12,40012,40012,40012,400--------
13 184,486232,620218,242188,255167,804142,016119,714103,86985,75263,56649,44033,17221,3909,001
130/1 1,8601,8601,8601,8601,8601,860--------
130 -----01,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860--------
133 182,626230,760216,382186,395165,944140,156117,854102,00983,89261,70647,58031,31219,5307,141
17/49 82,37923,50134,05540,17949,02839,65740,79320,81926,70425,21019,65222,9248,9356,348
17 --01,0277,18813,35019,511--08704,350--
170/4 --01,0277,18813,35019,511--08704,350--
42/48 72,48318,50234,00739,10441,78926,24621,22220,77826,66325,21018,78218,5748,9286,344
42 -01,0276,1616,1616,1616,161-08703,4803,480--
43 ----------0---
430/8 ----------0---
44 3,5922,2439,7884,1148,9231,4982,4221,8771,4485,5431,3494,8121,4681,713
440/4 3,5922,2439,7884,1148,9231,4982,4221,8771,4485,5431,3494,8121,4681,713
45 6,5097,2464,26412,44611,2374,9181,6708,0357,0274,2372,0652,0302,7124,031
450/3 6,5097,2464,26412,44611,2374,9181,6708,0357,0274,2372,0652,0302,7124,031
454/9 00000000000000
47/48 62,3829,01318,92716,38215,46813,66810,96810,86618,18914,56011,8888,2524,747600
492/3 9,8964,9994848506160414000073
Income statement
70 0-0---------145,16190,998
76A --4,959--------1,160--
9900 40,23247,52160,35841,16548,76442,80635,81031,84640,06125,96730,06622,50720,35516,517
60/61 0-0---------124,80674,481
62 ----------0---
630 24,75725,27719,93811,65711,58010,94811,1395,7926,1576,2047,4806,8233,1283,444
640/8 1,1231,3881,2259629818729408618489259211,0068451,128
66A ------98-------
9901 14,35220,85639,19528,54636,20330,98623,63425,19433,05618,83821,66414,67816,38211,946
75/76B 1,726535211381700131302001845816
75 1,726535211381700131302001845816
65/66B 7481,14414822525833038079671222234746449
65 7481,14414822525833038079671222234746449
9903 15,33019,71739,39828,43435,95330,82623,25425,11533,30118,71721,64215,54816,37611,914
67/77 6,5175,3389,4117,98310,1658,5246,6096,99811,1164,5905,3743,7663,9872,913
9904 8,81314,37829,98720,45125,78822,30216,64518,11722,18514,12616,26811,78212,3899,001
9905 8,81314,37829,98720,45125,78822,30216,64518,11722,18514,12616,26811,78212,3899,001
Appropriation of the result
9906 8,81314,37829,98720,45125,78822,30216,64518,11722,18514,12616,26811,78212,3899,001
791/2 56,948-----800-------
691/2 8,81314,37829,98720,45125,78822,30216,64518,11722,18514,12616,26811,78212,3899,001
6920 -------------1,860
6921 8,81314,37829,98720,45125,78822,30216,64518,11722,18514,12616,26811,78212,3897,141
694/7 56,948-----800-------
694 56,948-----800-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00479210.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-08-2026 2026-00479210 PDF
31-12-2024 micro format 29-08-2025 2025-00440448 PDF
31-12-2023 micro format 04-07-2024 2024-00209211 PDF
31-12-2022 micro format 06-07-2023 2023-00209900 PDF
31-12-2021 micro format 28-06-2022 2022-20158585 PDF
31-12-2020 micro format 30-06-2021 2021-29200109 PDF
31-12-2019 micro format 15-07-2020 2020-31000035 PDF
31-12-2018 micro format 15-07-2019 2019-34500425 PDF
31-12-2017 micro format 03-07-2018 2018-29200416 PDF
31-12-2016 micro format 19-07-2017 2017-34000421 PDF
31-12-2015 abbreviated format 27-07-2016 2016-37800095 PDF
31-12-2014 abbreviated format 30-07-2015 2015-38700546 PDF
31-12-2013 abbreviated format 16-07-2014 2014-32200273 PDF
31-12-2012 abbreviated format 03-07-2013 2013-27300091 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
39,10846,13359,13340,20347,78341,93534,77330,98639,21325,04229,14521,50119,51115,390
33,57039,65549,92532,10837,36833,25027,78423,90928,34320,33023,74818,60515,51812,444
730591119,4921,6102,6321,35052,8703681,20002,62825,42450814,298
28,062-63,559-90,02624,29142,09228,331-8,25125,37031,18815,93619,97011,45014,513-
142,031161,242117,226187,820163,486134,922109,183115,53891,99664,81245,35227,71225,56410,550
------------11.3%13.1%
70.5%91.2%87.1%83.3%78.6%79.6%76.4%84.8%78.6%75.1%75.9%66.5%79.1%77.1%
2.969.714.455.804.916.146.146.564.453.573.412.493.862.66
2.969.714.435.784.896.106.126.544.443.563.402.473.842.58
0.420.100.150.200.270.260.310.180.270.330.320.500.260.30
4.5%5.9%13.0%10.2%14.3%14.4%12.6%15.6%22.6%18.6%26.3%25.9%36.7%42.1%
3.2%5.4%11.3%8.5%11.2%11.5%9.6%13.2%17.8%14.0%20.0%17.2%29.0%32.4%
52.2940.32over 100over 100over 100---------
------------8 days0 days
------------4 days8 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€730€591€119,492€1,610€2,632
€24,757€25,277€19,938€11,657€11,580

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VAROCON

The operating result for 2025 is 31% lower than in 2024 and the lowest since 2012. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 8.8% to 29.5%. Equity is lower and debt is higher.

Board & ownership

Board

1 director
Director
listed in the 2024 annual accounts, filed on 29-08-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Boardmandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€12,400
Source
2025 annual accounts

Network & group

No group

VAROCON has no parent and no holdings in its annual accounts. is the only director. VAROCON shares no director with another company.

The LEI register names no parent.

Timeline

Timeline

23 events since 2012

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 30 days late
2025
Weakest financial year net €8,813 ▼38.7% The net result drops to €8,813, the lowest from 2012 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0843265342
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Liquidity more than doubled current ratio 9.71 The current ratio rises from 4.45 to 9.71. Short-term debt falls from €34,007 to €18,502.
Annual accounts 2023 filed PDFmicro format · 27 days before the deadline
2023
Highest result from 2012 to 2025 net €29,987 ▲46.6% The operating result of €39,195 and the net result of €29,987 are both a record.
Annual accounts 2022 filed PDFmicro format · 25 days before the deadline
2022
Equity above €200,000 equity €200,655 ▲11.3% With a profit in every financial year since 2012, equity grows to €200,655.
Annual accounts 2021 filed PDFmicro format · 33 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 31 days before the deadline
2020
Equity above €150,000 equity €154,416 ▲16.9% With a profit in every financial year since 2012, equity grows to €154,416.
Annual accounts 2019 filed PDFmicro format · 16 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 16 days before the deadline
2018
Equity above €100,000 equity €116,269 ▲18.5% With a profit in every financial year since 2012, equity grows to €116,269.
Annual accounts 2017 filed PDFmicro format · 28 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 12 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 4 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 1 day before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 15 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 28 days before the deadline
2012
Incorporation PDFpublished on 14-02-2012
First establishment Kerkevelden 19, Nijlen

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VAROCON was incorporated on 27 January 2012.1 Total assets rose from €137,088 in 2018 to €279,264 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0843.265.342
VAT number
BE 0843.265.342
Peppol ID
0208:0843265342
Other Peppol ID
9925:BE0843265342
LEI code
254900WYYK5GS79J7B26 live in the LEI register
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
27-01-2012
Financial year
ends on 31 December
Peppol
Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VAROCON in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
43320 Joinery installation main activity
Codes under NACEBEL 2008
43320 Joinery installation main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Kerkevelden 19 registered office 2560 Nijlen 4312005 Site preparation 27-01-2012 2.206.629.046

Buildings and parcels at the address

Ground area
368 m²
Buildings
116 m²
Volume, LiDAR
832 m³
Tallest building
11.4 m
Buildings to scale, each on its own parcel
116 m², 11.4 m 116 m², 11.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
12026D0417/00N005368 m² 1 · 116 m² 11.4 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0843.265.342

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