ACTIVE

VARINA

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Financial year 2025 · Closed on 31/12/2025

Net result346,8 k €+62,8 %over 1 year

Gross margin932,9 k €+47,6 %over 1 year

Equity1,2 M €+38,8 %over 1 year

Workforce7,7 ETP-9,4 %over 1 year

Identity

Source · BCE/KBO

VARINA is a Public limited company incorporated in 1993. Its main activity is: Manufacture of plastic products. Its registered office is in Antoing. It employs on average 7,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.708.520
Incorporation: 18/08/1993
Legal form: Public limited company
Registered office: Route de Ramecroix 18
7640 Antoing · WallonieSee on map
Contributed capital: 100 000,00 €
Latest accounts: 31/12/2025
Average workforce: 7,7 ETP

Activities (NACE)

22260Manufacture of plastic products· main 22290Manufacture of other plastic products 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	932,9 k €	+47.6%	631,9 k €	+13.7%	555,7 k €	-7.6%	601,5 k €	+11.4%	540 k €
EBITDA	540,8 k €	+150%	216 k €	+2111%	9,8 k €	+112%	-79 k €	-264%	-21,7 k €
Operating result	363,6 k €	+84.7%	196,9 k €	+248%	-133,4 k €	+50.5%	-269,2 k €	-690%	-34,1 k €
Net result	346,8 k €	+62.8%	213 k €	+246%	-145,7 k €	+46.1%	-270,4 k €	-802%	-30 k €
Balance sheet
Equity	1,2 M €	+38.8%	862 k €	+26.7%	680,5 k €	-18.8%	838,3 k €	-14.2%	977,1 k €
Total assets	2,5 M €	+23.7%	2,1 M €	+0.7%	2 M €	-22.7%	2,6 M €	+19.1%	2,2 M €
Cash	228,7 k €	+1050%	19,9 k €	+697%	2,5 k €	-5.2%	2,6 k €	-96.4%	72,1 k €
Debts	1,2 M €	+20.4%	991,6 k €	-0.3%	994,3 k €	-27.9%	1,4 M €	+73.1%	797 k €
Other
Workforce	7,7 ETP	-9.4%	8,5 ETP	-21.3%	10,8 ETP	-16.3%	12,9 ETP	0.0%	12,9 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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
INDUSTRIALE0669.899.024	Managing directorsince 02/05/2017
Jean-François JOUVE	Managing directorDirector02/05/2017 → 02/05/2023ended
Charles Couplet	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud STIEVENART	Director02/05/2017 → 02/05/2023Managing director02/05/2017 → 2017 accounts
Berthe CORNEZ	Director07/06/2012 → 02/05/2017

Other companies at this address

Route de Ramecroix 18 7640 Antoing

Company	CBE no.
DIGITALIS● Active	0760.696.962
INDUSTRIALE● Active	0669.899.024
MOUSSE POUR FLEURS - INTERNATIONAL● Active	0862.617.139
Starting Business Associates● Active	0880.232.141

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	25/09/2026	28/07/2025	03/07/2024	30/08/2023	29/07/2022	24/08/2021
General meeting	04/06/2026	26/06/2025	04/06/2024	01/06/2023	02/06/2022	03/06/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/06/2026	25/09/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	03/07/2024	French	PDF
Abridged model	31/12/2022	01/06/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	02/06/2022	29/07/2022	French	PDF
Abridged model	31/12/2020	03/06/2021	24/08/2021	French	PDF
Abridged modelCorrection	31/12/2019	04/06/2020	04/08/2020	French	PDF
Abridged model	31/12/2019	04/06/2020	22/06/2020	French	PDF
Abridged model	31/12/2018	06/06/2019	03/07/2019	French	PDF
Abridged model	31/12/2017	07/06/2018	20/07/2018	French	PDF
Abridged model	31/12/2016	02/05/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	15/12/2016	French	PDF
Abridged model	31/12/2014	04/06/2015	01/10/2015	French	PDF
Abridged model	31/12/2013	05/06/2014	03/12/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	03/10/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	26/12/2012	French	PDF
Abridged model	31/12/2010	02/06/2011	14/03/2012	French	PDF
Abridged model	31/12/2009	03/06/2010	04/02/2011	French	PDF
Abridged model	31/12/2008	04/06/2009	23/03/2010	French	PDF
Abridged model	31/12/2007	05/06/2008	06/03/2009	French	PDF
Abridged model	31/12/2006	07/06/2007	15/04/2008	French	PDF
Abridged model	31/12/2005	01/06/2006	06/03/2007	French	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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
INDUSTRIALE0669.899.024	Managing directorsince 02/05/2017
Jean-François JOUVE	Managing directorDirector02/05/2017 → 02/05/2023ended
Charles Couplet	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud STIEVENART	Director02/05/2017 → 02/05/2023Managing director02/05/2017 → 2017 accounts
Berthe CORNEZ	Director07/06/2012 → 02/05/2017

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates10/06/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates15/03/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares12/07/2017
CAPITAL, ACTIONS
PDF
Mandates01/06/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates04/05/2009
DEMISSIONS, NOMINATIONS
PDF
Capital / shares17/11/2005
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - 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

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

INDUSTRIALE

Charles Couplet

Jean-François Jouve

Arnaud STIEVENART

Roger VAN CAUWENBERGHE

Berthe CORNEZ

Hugues VAN CAUWENBERGHE

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

VARINA

Route de Ramecroix 18, 7640 Antoing

Managing director

Director

Managing directorDirector

Director

Managing directorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route de Ramecroix 18, 7640 AntoingCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00532146

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VARINACurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00532146

Events

2025
Annual accounts 2025346,8 k €↑
2024
Annual accounts 2024213 k €↑
2023
Annual accounts 2023-145,7 k €↑
2022
Annual accounts 2022-270,4 k €↓
2021
Annual accounts 2021-30 k €↑
2020
Annual accounts 2020-69,2 k €↓
2019
Annual accounts 201912,1 k €↓
2018
Annual accounts 2018143,1 k €↓
2017
Annual accounts 2017149,6 k €↑
2016
Annual accounts 201695,5 k €↓
2015
Annual accounts 2015406,7 k €↓
2014
Annual accounts 2014632,7 k €↑
2013
Annual accounts 2013316,1 k €↓
2012
Annual accounts 2012448,5 k €↓
2011
Annual accounts 2011533 k €↑
2010
Annual accounts 2010475,3 k €↑
2009
Annual accounts 2009361,4 k €↑
2008
Annual accounts 2008338,7 k €↑
2007
Annual accounts 2007331,7 k €↓
2006
Annual accounts 2006347,1 k €
18/08/1993
IncorporationPublic limited company

VARINA

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

Registered offices

Company names

Events