ACTIVE

VARE

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Financial year 2025 · closed on 31/12/2025
Net result
32,9 k €
-27.1% YoY
Gross margin
59 k €
-19.3% YoY
Equity
34 k €
+2872.1% YoY
Workforce
0,0 ETP

What does VARE do?

VARE is a Private limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Heist-op-den-Berg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0720.588.452
Incorporation
11/02/2019
Legal form
Private limited company
Registered office
Hallaarstraat(ITE) 51B
2222 Heist-op-den-Berg · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities68100Buying and selling of own real estate68110Buying and selling of own real estate71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Signals
ProfitablePositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin59 k €73,2 k €85,5 k €71,8 k €35 k €51,8 k €
EBITDA54,9 k €69,9 k €82,3 k €68,8 k €18,4 k €49,4 k €
Operating result4,9 k €19,1 k €32 k €21,4 k €-26,9 k €-48,7 k €
Net result32,9 k €45,1 k €28,2 k €6,9 k €-42,1 k €-55,5 k €
Balance sheet
Equity34 k €1,1 k €-44 k €-72,2 k €-79 k €-36,9 k €
Total assets2,1 M €2,1 M €2,1 M €982,1 k €985,8 k €1 M €
Cash51,6 k €62,7 k €30,5 k €12 k €8,7 k €14,5 k €
Debts2,1 M €2,1 M €2,1 M €1,1 M €1,1 M €1,1 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Charlotte REYPENS

Manager · since 11 février 2019

Active

Ended mandates

Charlotte REYPENS

Director · since 11 février 2019

Ended
Charlotte Reypens

Director · since 07 février 2019

Ended
Charlotte Reypens

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
JV Consult● Active
0681.790.927
REVA● Active
0477.627.307
Reypens Consultancy● Active
0502.734.568
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202107/02/2019
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 months23 months
Filing date26/07/202612/07/202517/09/202428/08/202324/08/202214/11/2021
General meeting25/06/202625/06/202503/09/202425/06/202320/08/202215/10/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202626/07/2026DutchPDF
Abridged model31/12/202425/06/202512/07/2025DutchPDF
Abridged model31/12/202303/09/202417/09/2024DutchPDF
Micro model31/12/202225/06/202328/08/2023DutchPDF
Abridged model31/12/202120/08/202224/08/2022DutchPDF
Abridged model31/12/202015/10/202114/11/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 ended

Active mandates

Charlotte REYPENS

Manager · since 11 février 2019

Active

Ended mandates

Charlotte REYPENS

Director · since 11 février 2019

Ended
Charlotte Reypens

Director · since 07 février 2019

Ended
Charlotte Reypens

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares19/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates12/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/02/2019
    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 202532,9 k €↓
  2. 2024
    Annual accounts 202445,1 k €↑
  3. 2023
    Annual accounts 202328,2 k €↑
  4. 2022
    Annual accounts 20226,9 k €↑
  5. 2021
    Annual accounts 2021-42,1 k €↑
  6. 2020
    Annual accounts 2020-55,5 k €
  7. 11/02/2019
    IncorporationPrivate limited company