VARODEM

Active

Public limited companyfounded 1965active for 61 yearsRue d'Arlon 45, 6747 Saint-Léger (Lux.), BelgiumKBO/BCE: BE 0404.386.763

Summary

VARODEM has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €581,426. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 87% of 50 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

VARODEMActiveChecked score 97/100

Risk analysis Report Compare

Activity

Manufacture of outerwear

NACE 14210Manufacture of medical and dental instruments and supplies NACE 32500

Largest company by total assets in Saint-Léger1 site

Size

€8.4mturnover 2025

Staff: 52.6 FTE
Equity: €4.1m
Profit: €581,426

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: Julius Zorn GmbH
Holdings: 1

Bernd MANGOLDDirector
Jürgen GOLDManaging director

2025 accounts 53 days early2 of 6 deeds summarised

Why 97lowers riskLiquidity: current ratio 5.52, cash €773,746Founded in 1965Equity €4.1m (82.9% of total assets)Profit of €581,426 (financial year 2025)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 76% of its sector peers (all companies)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 82.9% of total assets

Liquidity 65+5

short-term debt 17.1% · cash 15.5%

Profitability 71+31

return on assets 11.7%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (10 companies, NACE 14, medium-sized)

Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €400,000 on 30-day terms is acceptable

Liquidity ample (current ratio 5.52, compared with 4.43 in 2024, above the usual 1.5; short-term debt: 17.1% and cash: 15.5% of total assets), and 17.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 93% on solvency, 88% on liquidity, 67% on profitability and 56% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 5.52, cash €773,746

NBB · annual accounts

Founded in 1965

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €4.1m (82.9% of total assets)

NBB · annual accounts

Profit of €581,426 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

53 days early

2024

51 days early

2023

57 days early

2022

56 days early

2021

53 days early

2020

29 days early

2019

4 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days before the deadline; the sector median (NACE 14) for financial year 2024 is 6 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

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 8 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-06-2026 Annual accounts filedfinancial year 2025 · full…
06-03-2026 Reappointment: Jürgen GOLD (director)Declaration
31-12-2025 Highest result from 2018 to 2025net €581,426 ▲233%

Key points

Positive: Result rose in 2025from €174,406 to €581,426 ▲ 233% View
Positive: Largest company by total assets in Saint-Légerin the Checked rankings No. 1 View
Controlled by Julius Zorn GmbHthe company in turn controls 1 companies parent View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Active since 1965founded 16-10-1965 61 years View

By topic

Financials

Financial year: 2025
Turnover: €8.4m
Profit: €581,426
Solvency: 82.9%

Turnover▼ 1.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: Julius Zorn GmbH

Bernd MANGOLDDirector
Jürgen GOLDManaging director

Go to Board & ownership

Network & group

Subsidiaries: 1

1 subsidiary

Go to Network & group

Timeline

Events: 54
Since: 1978
Next accounts: by 31-07-2027

10-06-2025Annual accounts filed
12-03-2025Resignation: Uwe SCHETTLER (director)
31-12-2024Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of outerwearNACE 14210
Founded: 16-10-1965
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about VARODEM

What is the company number of VARODEM?: 0404.386.763. In Belgium the VAT number is the company number with BE in front: BE 0404.386.763.
Where is VARODEM based?: The registered office is at Rue d'Arlon 45, 6747 Saint-Léger (Lux.).Company details
What does VARODEM do?: According to the KBO register, the main activity is manufacture of outerwear (NACE 14210).
What is the legal form of VARODEM?: Public limited company (NV).
When was VARODEM founded?: On 16-10-1965.
Is VARODEM still active?: Yes, VARODEM is an active enterprise in the KBO register.
How many employees does VARODEM have?: On average 52.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VARODEM?: €8.4m in financial year 2025, according to the filed annual accounts.
Is VARODEM profitable?: In financial year 2025, VARODEM made a profit of €581,426.
Where can I find the annual accounts of VARODEM?: VARODEM filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VARODEM due?: By 31-07-2027, for financial year 2026.Timeline