ACTIVE

VARIA

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Financial year 2025 · closed on 31/12/2025
Net result
258,3 k €
-16.3% YoY
Gross margin
737 k €
-9.2% YoY
Equity
385,3 k €
+28.1% YoY
Workforce
11,6 ETP
+10.5% YoY

What does VARIA do?

VARIA is a Private limited company incorporated in 1976. Its registered office is in Izegem. It employs on average 11,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0416.552.444
Incorporation
11/10/1976
Legal form
Private limited company
Registered office
Gentsestraat 61
8870 Izegem · FlandreSee on map
Contributed capital
6 197,34 €
Latest accounts
31/12/2025
Average workforce
11,6 ETP
Joint committees (4)
  • 119
  • 1190
  • 201
  • 2010
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin737 k €811,6 k €776,9 k €683,6 k €821 k €640,4 k €411,3 k €297,3 k €333,5 k €359,2 k €395,1 k €256,8 k €286 k €219 k €347,6 k €361,6 k €370,2 k €390,2 k €
EBITDA353,8 k €475,1 k €443,5 k €366,5 k €536,7 k €390,7 k €167,3 k €81,4 k €76,4 k €78,7 k €96,6 k €-3,1 k €53,8 k €7,6 k €84,9 k €80,1 k €102,3 k €135,6 k €
Operating result308,3 k €422,9 k €394,4 k €325,2 k €451,1 k €193,7 k €111 k €50,3 k €41,7 k €30 k €39,9 k €-64,8 k €-3,4 k €-62,9 k €6,9 k €7,9 k €31,4 k €40,6 k €
Net result258,3 k €308,5 k €295,3 k €240,5 k €338,9 k €151,3 k €75 k €42,5 k €56,2 k €25,9 k €38,3 k €-52,7 k €12 k €-62,1 k €8,3 k €14,8 k €36 k €40,5 k €
Balance sheet
Equity385,3 k €300,8 k €313,2 k €449,1 k €476,2 k €552,3 k €401 k €528,4 k €486 k €429,8 k €403,9 k €388,1 k €440,8 k €428,8 k €490,8 k €482,5 k €467,7 k €451,7 k €
Total assets737,2 k €811,8 k €938,8 k €853 k €1 M €769,8 k €747,7 k €697,2 k €624,5 k €658,9 k €670,5 k €728,7 k €748,3 k €733,4 k €795,3 k €674,5 k €742,2 k €733,1 k €
Cash68 k €105,7 k €76,3 k €103,9 k €70,3 k €13,9 k €22,5 k €13,1 k €24,9 k €70,7 k €17,6 k €27,2 k €41,4 k €9,2 k €19,3 k €33,4 k €64,3 k €37,7 k €
Debts351,9 k €511 k €625,6 k €403,8 k €549,8 k €217,6 k €346,7 k €167,1 k €138,5 k €229,2 k €266,6 k €340,6 k €307,2 k €304,6 k €304,5 k €192 k €274,5 k €274 k €
Other
Workforce11,6 ETP10,5 ETP9,0 ETP8,6 ETP8,7 ETP7,4 ETP7,3 ETP6,2 ETP7,2 ETP8,4 ETP8,9 ETP7,7 ETP6,8 ETP6,1 ETP8,1 ETP9,0 ETP9,2 ETP8,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

AARTCO

Managing director · 0422.039.476

Represented by Pascal VANHONSEBROUCK

Active
Société MJ

Managing director · 1014.463.018

Represented by Nicholas LEMAIRE

Active

Ended mandates

AARTCO

Managing director · since 01 janvier 2025 · 0422.039.476

Represented by Pascal Vanhonsebrouck

Ended
Société MJ

Managing director · since 01 janvier 2025 · 1014.463.018

Represented by Nicholas Lemaire

Ended
Nicholas Lemaire

Director · since 01 avril 2017

Ended
Nicholas Lemaire

Manager · since 01 avril 2017

Ended
At this address

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0422.039.476
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0438.529.674
CENTRE● Active
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ERTPAS● Active
0424.153.185
EVERCO● Active
0417.133.355
FRAICHEUR● Active
0427.927.475
GEMA● Active
0424.794.276
HERMANS DIEPENBEEK● Active
0429.821.351
MARCOM● Active
0874.932.278
MARKET TERBIEST● Active
0874.670.873
MEIRSCHAERT IMMO● Active
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MEUCO● Active
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PASCALINO● Active
0442.412.248
P.JOLY ET CIE● Active
0471.518.483
SERA● Active
0437.713.983
SHOPPING DIEPENBEEK● Active
0429.806.505
TRANSPORT V.V.S.● Active
0424.019.266
Unic Aalter● Active
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UNIC WAASLAND● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/07/202603/07/202519/06/202420/06/202318/07/202222/07/2021
General meeting29/06/202630/06/202501/06/202427/05/202330/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202628/07/2026DutchPDF
Abridged model31/12/202430/06/202503/07/2025DutchPDF
Abridged model31/12/202301/06/202419/06/2024DutchPDF
Abridged model31/12/202227/05/202320/06/2023DutchPDF
Abridged model31/12/202130/06/202218/07/2022DutchPDF
Abridged model31/12/202026/06/202122/07/2021DutchPDF
Abridged model31/12/201913/06/202008/07/2020DutchPDF
Abridged model31/12/201815/06/201928/06/2019DutchPDF
Abridged model31/12/201716/06/201810/07/2018DutchPDF
Abridged model31/12/201617/03/201711/04/2017DutchPDF
Abridged model31/12/201528/05/201627/06/2016DutchPDF
Abridged model31/12/201430/05/201522/06/2015DutchPDF
Abridged model31/12/201323/06/201403/07/2014DutchPDF
Abridged model31/12/201231/05/201324/06/2013DutchPDF
Abridged model31/12/201128/05/201214/06/2012DutchPDF
Abridged model31/12/201031/05/201114/06/2011DutchPDF
Abridged model31/12/200924/05/201028/05/2010DutchPDF
Abridged model31/12/200830/06/200930/06/2009DutchPDF
Abridged model31/12/200726/06/200807/07/2008DutchPDF
Abridged model31/12/200630/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

AARTCO

Managing director · 0422.039.476

Represented by Pascal VANHONSEBROUCK

Active
Société MJ

Managing director · 1014.463.018

Represented by Nicholas LEMAIRE

Active

Ended mandates

AARTCO

Managing director · since 01 janvier 2025 · 0422.039.476

Represented by Pascal Vanhonsebrouck

Ended
Société MJ

Managing director · since 01 janvier 2025 · 1014.463.018

Represented by Nicholas Lemaire

Ended
Nicholas Lemaire

Director · since 01 avril 2017

Ended
Nicholas Lemaire

Manager · since 01 avril 2017

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares09/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares30/12/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office30/07/2004
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025258,3 k €↓
  2. 2024
    Annual accounts 2024308,5 k €↑
  3. 2023
    Annual accounts 2023295,3 k €↑
  4. 2022
    Annual accounts 2022240,5 k €↓
  5. 2021
    Annual accounts 2021338,9 k €↑
  6. 2018
    Annual accounts 2018151,3 k €↑
  7. 2017
    Annual accounts 201775 k €↑
  8. 2016
    Annual accounts 201642,5 k €↓
  9. 2015
    Annual accounts 201556,2 k €↑
  10. 2014
    Annual accounts 201425,9 k €↓
  11. 2013
    Annual accounts 201338,3 k €↑
  12. 2012
    Annual accounts 2012-52,7 k €↓
  13. 2011
    Annual accounts 201112 k €↑
  14. 2010
    Annual accounts 2010-62,1 k €↓
  15. 2009
    Annual accounts 20098,3 k €↓
  16. 2008
    Annual accounts 200814,8 k €↓
  17. 2007
    Annual accounts 200736 k €↓
  18. 2006
    Annual accounts 200640,5 k €
  19. 11/10/1976
    IncorporationPrivate limited company