ACTIVE

VAR CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
-29,2 k €
+72.7% YoY
Gross margin
-24,3 k €
+75.0% YoY
Equity
-113,6 k €
-34.5% YoY

What does VAR CONSTRUCT do?

VAR CONSTRUCT is a Private limited company incorporated in 2015. Its main activity is: Construction of buildings. Its registered office is in Jabbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0599.771.388
Incorporation
27/02/2015
Legal form
Private limited company
Registered office
Eikendreef 18
8490 Jabbeke · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings41003Construction of buildings41203Construction of residential and non-residential buildings68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate
Signals
Good liquidity
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin-24,3 k €-97,1 k €13,6 k €371,8 k €-69,3 k €-49,5 k €-35,3 k €-35,9 k €65,9 k €-26,5 k €
EBITDA-25,6 k €-104,2 k €9,0 k €369,6 k €-69,8 k €-50,1 k €-42,4 k €-37,6 k €63,9 k €-28,0 k €
Operating result-31,3 k €-108,8 k €8,4 k €369,4 k €-80,0 k €-79,6 k €-70,7 k €-65,9 k €35,8 k €-46,0 k €
Net result-29,2 k €-106,7 k €3,0 k €354,5 k €-79,7 k €-62,6 k €-73,6 k €-68,2 k €35,2 k €-47,1 k €
Balance sheet
Equity-113,6 k €-84,4 k €22,2 k €64,8 k €-289,7 k €-210,0 k €-147,4 k €-73,9 k €-5,6 k €-40,9 k €
Total assets873,3 k €521,5 k €516,4 k €1,8 M €1,2 M €752,9 k €1,2 M €1,3 M €1,0 M €249,9 k €
Cash73,2 k €1,8 k €400,5 €803,1 k €245,3 k €14,0 k €145,8 k €56,7 k €575,5 k €7,5 k €
Debts629,5 k €605,9 k €494,2 k €1,7 M €1,5 M €962,9 k €1,3 M €1,4 M €1,0 M €290,8 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Eddy Scherrens

Director

Active
Johan Scherrens

Director

Active

Ended mandates

Eddy Scherrens

Manager · since 27 février 2015

Ended
Johan Scherrens

Director · since 27 février 2015

Ended
Johan Scherrens

Manager · since 27 février 2015

Ended
Scherrens Eddy

Director · since 27 février 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
ENS CONSULT● Active
0797.534.889
VAR INVESTMENT● Active
0434.951.958
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months21 months12 months12 months12 months
Filing date28/07/202615/07/202526/07/202428/10/202228/10/202129/10/2020
General meeting30/06/202630/06/202530/06/202430/09/202230/09/202128/10/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Abridged model31/12/202430/06/202515/07/2025DutchPDF
Abridged model31/12/202330/06/202426/07/2024DutchPDF
Abridged model31/03/202230/09/202228/10/2022DutchPDF
Abridged model31/03/202130/09/202128/10/2021DutchPDF
Abridged model31/03/202028/10/202029/10/2020DutchPDF
Abridged model31/03/201922/10/201931/10/2019DutchPDF
Abridged model31/03/201824/10/201825/10/2018DutchPDF
Abridged model31/03/201730/11/201730/11/2017DutchPDF
Abridged model31/03/201630/09/201617/11/2016DutchPDF
Estimate

Indicative valuation

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 · 4 ended

Active mandates

Eddy Scherrens

Director

Active
Johan Scherrens

Director

Active

Ended mandates

Eddy Scherrens

Manager · since 27 février 2015

Ended
Johan Scherrens

Director · since 27 février 2015

Ended
Johan Scherrens

Manager · since 27 février 2015

Ended
Scherrens Eddy

Director · since 27 février 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other03/03/2015
    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 2025-29,2 k €↑
  2. 2024
    Annual accounts 2024-106,7 k €↓
  3. 2023
    Annual accounts 20233,0 k €↓
  4. 2022
    Annual accounts 2022354,5 k €↑
  5. 2021
    Annual accounts 2021-79,7 k €↓
  6. 2020
    Annual accounts 2020-62,6 k €↑
  7. 2019
    Annual accounts 2019-73,6 k €↓
  8. 2018
    Annual accounts 2018-68,2 k €↓
  9. 2017
    Annual accounts 201735,2 k €↑
  10. 2016
    Annual accounts 2016-47,1 k €
  11. 27/02/2015
    IncorporationPrivate limited company