ACTIVE

VARUTEC

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Financial year 2025 · closed on 31/12/2025
Net result
86,1 k €
-0.7% YoY
Gross margin
345,6 k €
+0.9% YoY
Equity
385,7 k €
-3.5% YoY
Workforce
1,8 ETP
0.0% YoY

What does VARUTEC do?

VARUTEC is a Private limited company incorporated in 2013. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Sint-Niklaas. It employs on average 1,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0526.967.544
Incorporation
22/04/2013
Legal form
Private limited company
Registered office
Industriepark-West 75
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Activities (NACE)
46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main46699Wholesale of other machinery and equipment46769Wholesale of other intermediate products46869Wholesale trade, except of motor vehicles and motorcycles46180Agents specialised in the sale of other particular products46180Agents specialised in the sale of other particular products+2
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin345,6 k €342,6 k €344,9 k €257,7 k €216,8 k €205,2 k €210,9 k €230,4 k €226,7 k €213,1 k €216,7 k €228 k €185,9 k €
EBITDA139,7 k €136,7 k €142,2 k €144,9 k €136,1 k €124,7 k €133,3 k €156,7 k €154,1 k €142,5 k €147,4 k €154,2 k €147 k €
Operating result138,1 k €135,1 k €141,3 k €144,5 k €133,9 k €119,6 k €128,2 k €152,7 k €150,1 k €137,9 k €145,7 k €152,6 k €144,7 k €
Net result86,1 k €86,7 k €92,2 k €98,5 k €92,3 k €81,2 k €89,2 k €95,8 k €84,5 k €75,5 k €78,5 k €100,5 k €96,2 k €
Balance sheet
Equity385,7 k €399,6 k €562,9 k €530,7 k €491 k €398,7 k €538,7 k €549,6 k €453,7 k €369,3 k €293,8 k €215,3 k €114,8 k €
Total assets540 k €456,2 k €638,2 k €637,3 k €544,4 k €664,9 k €672,9 k €602 k €504,6 k €422,9 k €333,8 k €263,5 k €201,9 k €
Cash437,9 k €310,5 k €543,2 k €444,8 k €438,3 k €525,6 k €530,7 k €424,1 k €349,5 k €343,9 k €223,9 k €183,3 k €76,7 k €
Debts154,3 k €56,6 k €75,3 k €106,6 k €53,4 k €266,2 k €134,2 k €52,4 k €50,9 k €53,7 k €40 k €48,2 k €87 k €
Other
Workforce1,8 ETP1,8 ETP1,8 ETP1,1 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP72 777,0 ETP0,8 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 · 1 active · 5 ended

Active mandates

Frank Vanluchene

Director

Active

Ended mandates

Frank Vanluchene

Manager · since 22 avril 2013

Ended
Frank Julien G Vanluchene

Director

Ended
Frank Julien G Vanluchene

Manager

Ended
Frank Vanluchene

Manager

Ended
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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 date11/06/202603/06/202504/06/202422/06/202330/06/202217/05/2021
General meeting16/05/202617/05/202518/05/202420/05/202321/05/202215/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/05/202611/06/2026DutchPDF
Abridged model31/12/202417/05/202503/06/2025DutchPDF
Abridged model31/12/202318/05/202404/06/2024DutchPDF
Abridged model31/12/202220/05/202322/06/2023DutchPDF
Abridged model31/12/202121/05/202230/06/2022DutchPDF
Abridged model31/12/202015/05/202117/05/2021DutchPDF
Abridged model31/12/201916/05/202027/05/2020DutchPDF
Abridged model31/12/201818/05/201920/05/2019DutchPDF
Abridged model31/12/201719/05/201822/05/2018DutchPDF
Abridged model31/12/201620/05/201723/05/2017DutchPDF
Abridged model31/12/201521/05/201607/06/2016DutchPDF
Abridged model31/12/201416/06/201529/06/2015DutchPDF
Abridged model31/12/201317/05/201412/06/2014DutchPDF
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 · 1 active · 5 ended

Active mandates

Frank Vanluchene

Director

Active

Ended mandates

Frank Vanluchene

Manager · since 22 avril 2013

Ended
Frank Julien G Vanluchene

Director

Ended
Frank Julien G Vanluchene

Manager

Ended
Frank Vanluchene

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/04/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202586,1 k €↓
  2. 2024
    Annual accounts 202486,7 k €↓
  3. 2023
    Annual accounts 202392,2 k €↓
  4. 2022
    Annual accounts 202298,5 k €↑
  5. 2021
    Annual accounts 202192,3 k €↑
  6. 2020
    Annual accounts 202081,2 k €↓
  7. 2019
    Annual accounts 201989,2 k €↓
  8. 2018
    Annual accounts 201895,8 k €↑
  9. 2017
    Annual accounts 201784,5 k €↑
  10. 2016
    Annual accounts 201675,5 k €↓
  11. 2015
    Annual accounts 201578,5 k €↓
  12. 2014
    Annual accounts 2014100,5 k €↑
  13. 2013
    Annual accounts 201396,2 k €
  14. 22/04/2013
    IncorporationPrivate limited company