ACTIVE

VAR INVESTMENT

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Financial year 2025 · Closed on 31/12/2025

Net result139,9 k €+98,4 %over 1 year

Gross margin289,5 k €-17,6 %over 1 year

Equity2,8 M €+5,3 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

VAR INVESTMENT is a Private limited company incorporated in 1988. Its registered office is in Jabbeke.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.951.958
Incorporation: 18/08/1988
Legal form: Private limited company
Registered office: Eikendreef 18
8490 Jabbeke · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	289,5 k €	-17.6%	351,5 k €	+106%	170,8 k €	+0.0%	170,7 k €	-14.2%	198,9 k €
EBITDA	278,8 k €	+14.3%	243,8 k €	+52.6%	159,7 k €	+2.6%	155,7 k €	-17.3%	188,2 k €
Operating result	217,2 k €	+24.3%	174,7 k €	+143%	71,8 k €	+7.1%	67,1 k €	-33.0%	100 k €
Net result	139,9 k €	+98.4%	70,5 k €	+118%	32,4 k €	-15.5%	38,3 k €	-35.2%	59,1 k €
Balance sheet
Equity	2,8 M €	+5.3%	2,6 M €	+2.6%	2,6 M €	+1.2%	2,5 M €	+1.4%	2,5 M €
Total assets	3,1 M €	-17.8%	3,8 M €	-2.4%	3,9 M €	+11.9%	3,5 M €	-4.6%	3,6 M €
Cash	–		–		–		239,4 k €	+100%	119,5 k €
Debts	61,8 k €	-92.7%	846,3 k €	-10.9%	949,5 k €	+72.6%	550,2 k €	-24.2%	725,8 k €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Eddy Scherrens

Director

Active

Johan Scherrens

Director

Active

Ended mandates

Eddy Scherrens

Mandate · since 31 août 2012

Ended

Johan Scherrens

Mandate · since 31 août 2012

Ended

Georgette Corthals

Managing director · since 28 juin 2006 · until 28 mars 2012

Ended

Bertrand Scherrens

Director

Ended

Other companies at this address

Eikendreef 18 8490 Jabbeke

Company	CBE no.
ENS CONSULT● Active	0797.534.889
VAR CONSTRUCT● Active	0599.771.388

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	15/07/2025	26/07/2024	11/07/2023	30/06/2022	14/05/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	06/06/2022	15/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/04/2021	14/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/09/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	12/09/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	06/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	25/09/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/03/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	31/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Eddy Scherrens

Director

Active

Johan Scherrens

Director

Active

Ended mandates

Eddy Scherrens

Mandate · since 31 août 2012

Ended

Johan Scherrens

Mandate · since 31 août 2012

Ended

Georgette Corthals

Managing director · since 28 juin 2006 · until 28 mars 2012

Ended

Bertrand Scherrens

Director

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office21/09/2012
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates23/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2006
ONTSLAGEN - BENOEMINGEN
PDF
Other23/02/2004
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025139,9 k €↑
2024
Annual accounts 202470,5 k €↑
2023
Annual accounts 202332,4 k €↓
2022
Annual accounts 202238,3 k €↓
2021
Annual accounts 202159,1 k €↓
2020
Annual accounts 2020283 k €↑
2019
Annual accounts 2019157,1 k €↑
2018
Annual accounts 2018-29 k €↑
2017
Annual accounts 2017-48,3 k €↑
2016
Annual accounts 2016-192,1 k €↓
2015
Annual accounts 201554,3 k €↑
2014
Annual accounts 2014-12,5 k €↑
2013
Annual accounts 2013-87,3 k €↓
2012
Annual accounts 20122,5 M €↑
2012
Name changeVAR INVESTMENT
2011
Annual accounts 2011-193,1 k €↓
2010
Annual accounts 2010-34,8 k €↑
2009
Annual accounts 2009-106,2 k €↑
2008
Annual accounts 2008-153,7 k €↓
2007
Annual accounts 200749,3 k €↓
2006
Annual accounts 2006492,6 k €
2006
Name changeSCHERRENS - CORTHALS - Manoir Stuivenberg
18/08/1988
IncorporationPrivate limited company

VAR INVESTMENT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline