VAROM
ActiveSummary
VAROM has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.03M and a net result of €1.62M. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+14
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 3.61 against 5.37 in 2024; short-term debt: 19.6% and cash: 4% of total assets), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
72.8%
Return on assets
39.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
58 d early
2023
71 d early
2022
39 d early
2021
47 d early
2020
52 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.03M▼ 33.2%
2024 · €4.54M
2018: €2.82M
2019: €3.38M
2020: €4.26M
2021: €4.47M
2022: €5.09M
2023: €4.18M
2024: €4.54M
2018 → 2025
Total assets
€4.16M▼ 31.3%
2024 · €6.05M
2018: €5.81M
2019: €5.68M
2020: €5.41M
2021: €5.27M
2022: €5.98M
2023: €5.35M
2024: €6.05M
2018 → 2025
Net result
€1.62M▲ 99.6%
2024 · €814k
2018: €579k
2019: €560k
2020: €879k
2021: €319k
2022: €764k
2023: €205k
2024: €814k
2018 → 2025
Working capital
€2.12M▼ 41.2%
2024 · €3.61M
2018: €1.81M
2019: €2.40M
2020: €2.70M
2021: €2.96M
2022: €3.89M
2023: €2.90M
2024: €3.61M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.47M-€5.09M▲ 13.9%€4.18M▼ 17.8%€4.54M▲ 8.4%€3.03M▼ 33.2%
Operating result€422k-€1.03M▲ 144%€256k▼ 75.1%€1.10M▲ 330%€2.01M▲ 81.6%
Net result€319k-€764k▲ 140%€205k▼ 73.2%€814k▲ 297%€1.62M▲ 99.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 82% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.16M
Fixed assets
€1.22M ▼ 24.4%
Current assets
€2.93M ▼ 33.8%
Equity and liabilities €4.16M
Equity
€3.03M ▼ 33.2%
Provisions
€316k ▼ 39.1%
Debt
€813k ▼ 18.4%
Debt's share of the balance-sheet total rises from 16.5% to 19.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2.24M▲
2024 · €1.36M
Cash flow
€1.86M▲
2024 · €1.07M
Current ratio
3.61▼
2024 · 5.37
Quick ratio
3.15▼
2024 · 5.15
Debt to equity
0.27▲
2024 · 0.22
ROE
53.7%▲
2024 · 17.9%
ROA
39.1%▲
2024 · 13.5%
Interest coverage
1472.72▲
2024 · 570.56
Debt ≤ 1 year
€813k▼
2024 · €826k
Income taxes
€564k▲
2024 · €385k
Staff costs
€1.08M▲
2024 · €975k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 66 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.05M€4.16M▼
Fixed assets21/28€1.62M€1.22M▼
Tangible fixed assets22/27€1.62M€1.22M▼
Land and buildings22€747k€737k▼
Plant, machinery and equipment23€687k€481k▼
Furniture and vehicles24€184k€5k▼
Current assets29/58€4.43M€2.93M▼
Amounts receivable after more than one year29€17k€51k▲
Other amounts receivable291€17k€51k▲
Stocks and contracts in progress3€186k€376k▲
Stocks30/36€186k€376k▲
Amounts receivable within one year40/41€406k€2.28M▲
Trade receivables40€235k€771k▲
Other amounts receivable41€171k€1.50M▲
Current investments50/53€2.30M€0▼
Cash at bank and in hand54/58€1.47M€167k▼
Deferred charges and accrued income490/1€60k€64k▲
Equity and liabilities
Total equity and liabilities10/49€6.05M€4.16M▼
Equity10/15€4.54M€3.03M▼
Contributions10/11€20k€20k=
Reserves13€4.52M€3.01M▼
Tax-exempt reserves132€67k€47k▼
Distributable reserves133€4.45M€2.96M▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€519k€316k▼
Provisions for liabilities and charges160/5€500k€306k▼
Major repairs and maintenance162€500k€306k▼
Deferred taxes168€19k€11k▼
Amounts payable17/49€997k€813k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€826k€813k▼
Current portion of amounts payable after more than one year42€68k€0▼
Trade debts44€207k€618k▲
Suppliers440/4€207k€618k▲
Taxes, remuneration and social security45€88k€196k▲
Taxes450/3€10k€128k▲
Remuneration and social security454/9€78k€68k▼
Other amounts payable47/48€463k€0▼
Accrued charges and deferred income492/3€172k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€975k€1.08M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€259k€233k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€500k€-194k▼
Other operating charges640/8€43k€80k▲
Non-recurring operating charges66A-€86k
Gross operating margin9900€2.88M€3.29M▲
Operating profit (loss)9901€1.10M€2.01M▲
Financial income75/76B€83k€176k▲
Recurring financial income75€83k€176k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€1.18M€2.18M▲
Transfer from deferred taxes780€18k€9k▼
Transfer to deferred taxes680€4k€0▼
Income taxes67/77€385k€564k▲
Profit (loss) for the period9904€814k€1.62M▲
Transfer from tax-exempt reserves789€38k€20k▼
Transfer to tax-exempt reserves689€13k€0▼
Profit (loss) for the period to be appropriated9905€839k€1.64M▲
Appropriation of the result
Profit (loss) to be appropriated9906€839k€1.64M▲
Transfer from equity791/2€463k€3.13M▲
Transfer to equity691/2€839k€1.64M▲
To other reserves6921€839k€1.64M▲
Profit to be distributed694/7€463k€3.13M▲
Return on contributions (dividend)694€463k€3.13M▲
Social balance
Average headcount (FTE)908734.031.8▼
The notes to these accounts (10 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €1.62M ▲99.6%
Operating result €2.01M, net result €1.62M, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €205k ▼73.2%
Net result drops to €205k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €5MEq €5.09M ▲13.9%
5 profitable years in a row build equity to €5.09M.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rijkevorsel · 1 establishment unit since 2005
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.
Vrouwkensblok 52310 RijkevorselGround area
8.9 ha
Building footprint
7.0 ha
Volume, LiDAR
234,278 m³
Parcel 13502F0195/00S000, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAROM
since 20052.150.099.228
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502F0195/00S000 | Flanders | 8.9 ha | 1 · 7.0 ha | 9.2 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRijkevorsel2.150.099.228
Similar companies · same sector, comparable size
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FRESA
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PLANTENKWEKERIJ DE KOSTER
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Of 526 companies in sector 01250 we hold annual accounts for 118. 55 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1999
Fiscal year end31-12
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01250Crop and animal production, hunting and related service activities
01240Growing of pome and stone fruits
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
46319Wholesale of fruit and vegetables, excluding potatoes
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.