VARU
ActiveVARU has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €68k. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+3
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 63.19 against 2.01 in 2024), and 1.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.6%
Return on assets
47.5%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
63 d early
2024
6 d early
2023
71 d early
2022
83 d early
2021
82 d early
2020
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€142k▲ 60.3%
2024 · €88k
2020: €146k
2021: €231k
2022: €111k
2023: €138k
2024: €88k
2020 → 2025
Total assets
€144k▼ 12.6%
2024 · €164k
2020: €191k
2021: €261k
2022: €144k
2023: €143k
2024: €164k
2020 → 2025
Net result
€68k▼ 15.5%
2024 · €81k
2020: €142k
2021: €86k
2022: €23k
2023: €97k
2024: €81k
2020 → 2025
Working capital
€128k▲ 65.6%
2024 · €77k
2020: €120k
2021: €202k
2022: €85k
2023: €120k
2024: €77k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€231k-€111k▼ 52.0%€138k▲ 23.9%€88k▼ 35.8%€142k▲ 60.3%
Operating result€110k-€54k▼ 51.0%€124k▲ 130%€104k▼ 16.3%€82k▼ 20.8%
Net result€86k-€23k▼ 73.5%€97k▲ 324%€81k▼ 16.3%€68k▼ 15.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€14k▲ 23.9%
Current assets
€130k▼ 15.3%
Equity and liabilities €144k
Equity
€142k▲ 60.3%
Debt
€2k▼ 97.3%
The debt ratio falls from 46.2% to 1.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€89k▼
2024 · €113k
Cash flow
€76k▼
2024 · €90k
Solvency
98.6%▲
2024 · 53.8%
Current ratio
63.19▲
2024 · 2.01
Quick ratio
63.19▲
2024 · 2.01
Debt / equity
0.01▼
2024 · 0.86
ROE
48.2%▼
2024 · 91.4%
ROA
47.5%▼
2024 · 49.2%
Interest coverage
270.48▲
2024 · 79.84
Debt
€2k▼
2024 · €76k
Debt ≤ 1 year
€2k▼
2024 · €76k
Income taxes
€18k▼
2024 · €22k
Staff costs
€9k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€164k€144k▼
Fixed assets21/28€11k€14k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€11k€14k▲
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€561€7k▲
Current assets29/58€153k€130k▼
Amounts receivable within one year40/41€22k€9k▼
Trade receivables40€18k€6k▼
Other amounts receivable41€4k€3k▼
Current investments50/53€43k€67k▲
Cash at bank and in hand54/58€81k€47k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€164k€144k▼
Equity10/15€88k€142k▲
Contributions10/11€4k€4k=
Reserves13€84k€138k▲
Distributable reserves133€84k€138k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€76k€2k▼
Amounts payable within one year42/48€76k€2k▼
Financial debts43€538€496▼
Credit institutions430/8€538€496▼
Trade debts44€4k€605▼
Suppliers440/4€4k€605▼
Taxes, remuneration and social security45€11k€658▼
Taxes450/3€11k€0▼
Remuneration and social security454/9€636€658▲
Other amounts payable47/48€60k€294▼
Income statement
Code20242025
Remuneration, social security and pensions62€9k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€124k€100k▼
Operating profit (loss)9901€104k€82k▼
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€1k€331▼
Recurring financial charges65€1k€331▼
Profit (loss) for the period before taxes9903€102k€86k▼
Income taxes67/77€22k€18k▼
Profit (loss) for the period9904€81k€68k▼
Profit (loss) for the period to be appropriated9905€81k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€68k▼
Transfer from equity791/2€60k€15k▼
Transfer to equity691/2€11k€68k▲
To other reserves6921€11k€68k▲
Profit to be distributed694/7€130k€15k▼
Return on contributions (dividend)694€130k€15k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Purpose · Statutes amendmentGeneral meeting · Purpose change · Corporate purpose5 facts ▸
State Gazette act
Purpose · Statutes amendment
General meeting · Purpose change · Corporate purpose5 facts ▸
- General meeting, 5 augustus 2026
- Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden: • Het verlenen van adviezen en hulp…
- Corporate purpose, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden: • Het verlenen van adviezen en hulp…
- Statutes amendment
- Power of attorney, GE-FIBO BV
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 31current ratio 63.19
Current ratio from 2.01 to 63.19; short-term debt falls from €76k to €2k.
31-12
Financial
Equity above €100kEq €142k ▲60.3%
6 profitable years in a row build equity to €142k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 6current ratio 22.56
Current ratio from 3.60 to 22.56; short-term debt falls from €33k to €6k.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €23k ▼73.5%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 7.88
Current ratio from 3.94 to 7.88; short-term debt falls from €41k to €29k.
31-12
Financial
Equity above €200kEq €231k ▲58.3%
2 profitable years in a row build equity to €231k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Frankrijklei 1172000 AntwerpenGround area
1,314 m²
Building footprint
445 m²
Volume, LiDAR
10,841 m³
Parcel 11808H1206/00B007, Flanders · tallest building 31.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
VARU
since 20202.297.412.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1206/00B007 | Flanders | 1,314 m² | 1 · 445 m² | 31.7 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 3,713 EUR awarded · 3,713 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 845 EUR | 845 EUR |
| 2022 | 1 | 2,868 EUR | 2,868 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400A6DXBZBTM6YO80
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 40,742 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.