ACTIVE

VARODEM

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Financial year 2025 · Closed on 31/12/2025

Net result581,4 k €+233,4 %over 1 year
Revenue8,4 M €-1,1 %over 1 year
Equity4,1 M €+13,2 %over 1 year
Workforce52,6 ETP-1,5 %over 1 year

Identity

Source · BCE/KBO

VARODEM is a Public limited company incorporated in 1965. Its main activity is: Manufacture of other outerwear. Its registered office is in Saint-Léger (Lux.). It employs on average 52,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.386.763
Incorporation
16/10/1965
Legal form
Public limited company
Registered office
Rue d'Arlon 45
6747 Saint-Léger (Lux.) · WallonieSee on map
Contributed capital
108 128,00 €
Latest accounts
31/12/2025
Average workforce
52,6 ETP
Joint committees (2)
  • 120
  • 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue8,4 M €8,5 M €7,6 M €7,4 M €6,9 M €
EBITDA1 M €405,2 k €167,8 k €83,8 k €415,2 k €
Operating result935,5 k €325,7 k €89,7 k €10,6 k €362,4 k €
Net result581,4 k €174,4 k €-12,2 k €-68,3 k €215,9 k €
Balance sheet
Equity4,1 M €3,6 M €3,6 M €3,6 M €3,8 M €
Total assets5 M €4,6 M €4,2 M €4,2 M €4,4 M €
Cash773,7 k €623,6 k €1,3 M €1,3 M €2,3 M €
Debts849,7 k €969,3 k €619,6 k €664,3 k €644,4 k €
Other
Workforce52,6 ETP53,4 ETP54,4 ETP49,9 ETP48,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
Jürgen GOLD
Managing director01/10/2017 → 07/06/2031Chairman of the board of directors12/11/2019 → 2019 accountsended
Bernd MANGOLD
Director31/12/2024 → 01/06/2030

Ended mandates

DirectorMandates in this companyPeriod
Uwe SCHETTLER
Managing director12/11/2019 → 2019 accountsDirector01/10/2017 → 2024 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202610/06/202504/06/202405/06/202308/06/202202/07/2021
General meeting06/06/202607/06/202501/06/202403/06/202304/06/202205/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202506/06/202608/06/2026FrenchPDF
Full model31/12/202407/06/202510/06/2025FrenchPDF
Full model31/12/202301/06/202404/06/2024FrenchPDF
Full model31/12/202203/06/202305/06/2023FrenchPDF
Full model31/12/202104/06/202208/06/2022FrenchPDF
Full model31/12/202005/06/202102/07/2021FrenchPDF
Full model31/12/201906/06/202004/08/2020FrenchPDF
Full model30/11/201820/04/201913/05/2019FrenchPDF
Full model30/11/201721/04/201831/05/2018FrenchPDF
Full model30/11/201615/04/201727/07/2017FrenchPDF
Abridged model30/11/201516/04/201631/05/2016FrenchPDF
Abridged model30/11/201418/04/201523/04/2015FrenchPDF
Abridged model30/11/201319/04/201416/05/2014FrenchPDF
Abridged model30/11/201220/04/201321/05/2013FrenchPDF
Abridged model30/11/201121/04/201227/04/2012FrenchPDF
Abridged model30/11/201016/04/201113/05/2011FrenchPDF
Abridged model30/11/200917/04/201003/05/2010FrenchPDF
Abridged model30/11/200818/04/200908/05/2009FrenchPDF
Abridged model30/11/200719/04/200806/05/2008FrenchPDF
Abridged model30/11/200621/04/200707/05/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
Jürgen GOLD
Managing director01/10/2017 → 07/06/2031Chairman of the board of directors12/11/2019 → 2019 accountsended
Bernd MANGOLD
Director31/12/2024 → 01/06/2030

Ended mandates

DirectorMandates in this companyPeriod
Uwe SCHETTLER
Managing director12/11/2019 → 2019 accountsDirector01/10/2017 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/11/2019
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates13/09/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/06/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2008
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares13/12/2004
    ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares07/01/2003
    ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1965
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Jürgen GOLD
Bernd MANGOLD
Uwe SCHETTLER
Anne-Rose ZORN
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
VARODEM
Rue d'Arlon 45, 6747 Saint-Léger (Lux.)
Managing director
Director
DirectorManaging director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue d'Arlon 45, 6747 Saint-Léger (Lux.)Current
accounts 2021 → 2025
Accounts 2025 · 2026-00146399

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VARODEMCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00146399

Events

  1. 2025
    Annual accounts 2025581,4 k €↑
  2. 2024
    Annual accounts 2024174,4 k €↑
  3. 2023
    Annual accounts 2023-12,2 k €↑
  4. 2022
    Annual accounts 2022-68,3 k €↓
  5. 2021
    Annual accounts 2021215,9 k €↑
  6. 2018
    Annual accounts 201817,6 k €↓
  7. 2017
    Annual accounts 2017420,3 k €↓
  8. 2016
    Annual accounts 2016473,7 k €↓
  9. 2015
    Annual accounts 2015564,5 k €↓
  10. 2014
    Annual accounts 2014598,9 k €↑
  11. 2013
    Annual accounts 2013314,9 k €↑
  12. 2012
    Annual accounts 2012205,1 k €↑
  13. 2011
    Annual accounts 201186,6 k €↓
  14. 2010
    Annual accounts 2010310,1 k €↑
  15. 2009
    Annual accounts 2009278,8 k €↑
  16. 2008
    Annual accounts 2008166,7 k €↓
  17. 2007
    Annual accounts 2007266,6 k €↑
  18. 2006
    Annual accounts 2006197,6 k €
  19. 16/10/1965
    IncorporationPublic limited company