ACTIVE

VARIUM

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Financial year 2025 · closed on 31/03/2025
Net result
26 k €
+4.2% YoY
Gross margin
49 k €
-0.5% YoY
Equity
55,3 k €
-48.2% YoY

What does VARIUM do?

VARIUM is a Private company with limited liability incorporated in 2009. Its registered office is in Waregem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0820.963.458
Incorporation
25/11/2009
Legal form
Private company with limited liability
Registered office
Holstraat 83 box 42
8790 Waregem · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222020201920182017201620152014201320122011
Income statement
Gross margin49 k €49,3 k €755,4 €129,2 k €10,2 k €7,3 k €-2,1 k €25,5 k €21,6 k €32,6 k €62,7 k €58,8 k €41,2 k €39,6 k €
EBITDA48,3 k €47,7 k €-2,3 k €127,1 k €7,8 k €4,8 k €-2,9 k €23,2 k €21,3 k €18,1 k €7,3 k €6,8 k €738,7 €6,1 k €
Operating result42,9 k €44,2 k €-4 k €126,6 k €6,3 k €2,4 k €-5 k €20,9 k €19,2 k €15,8 k €5 k €5,5 k €-119,9 €5,5 k €
Net result26 k €24,9 k €-11,5 k €77,5 k €604,5 €-3 k €-22,7 k €9,3 k €10,2 k €2,4 k €-5,5 k €5,5 k €-211,2 €5,4 k €
Balance sheet
Equity55,3 k €106,9 k €81,9 k €93,4 k €12 k €11,4 k €14,4 k €37,1 k €27,8 k €17,6 k €15,2 k €20,7 k €15,2 k €15,4 k €
Total assets154,3 k €135,6 k €94,3 k €155,5 k €18,4 k €23 k €27,6 k €37,5 k €28,9 k €33,3 k €32,5 k €36,4 k €32,4 k €22,5 k €
Cash16,7 k €8,1 k €21,3 k €142,6 k €15,3 k €11,7 k €23,4 k €27,1 k €21 k €7,1 k €2,7 k €24,5 k €7,3 k €10,6 k €
Debts99 k €27,8 k €12,1 k €62,1 k €6,4 k €11,5 k €13,2 k €431,6 €1,1 k €15,7 k €17,3 k €15,7 k €13,7 k €7,1 k €
Other
Workforce–––––––––0,5 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 1 ended

Active mandates

Dirk Marc Decavel

Director · since 01 juillet 2014

Active

Ended mandates

Dirk Decavel

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
JAGO● Active
0721.570.528
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202531/10/202416/11/202328/10/202216/12/202121/09/2020
General meeting01/09/202502/09/202404/09/202305/09/202206/09/202107/09/2020
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202501/09/202531/10/2025DutchPDF
Micro model31/03/202402/09/202431/10/2024DutchPDF
Micro model31/03/202304/09/202316/11/2023DutchPDF
Micro model31/03/202205/09/202228/10/2022DutchPDF
Micro model31/03/202106/09/202116/12/2021DutchPDF
Micro model31/03/202007/09/202021/09/2020DutchPDF
Micro model31/03/201902/09/201928/10/2019DutchPDF
Micro model31/03/201803/09/201825/10/2018DutchPDF
Micro model31/03/201704/09/201726/09/2017DutchPDF
Abridged model31/03/201601/07/201625/10/2016DutchPDF
Abridged model31/03/201527/08/201528/08/2015DutchPDF
Abridged model31/03/201422/09/201431/10/2014DutchPDF
Abridged model31/03/201327/09/201331/10/2013DutchPDF
Abridged model31/03/201228/09/201230/11/2012DutchPDF
Abridged model31/03/201130/09/201130/11/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/03/2025 · 1 active · 1 ended

Active mandates

Dirk Marc Decavel

Director · since 01 juillet 2014

Active

Ended mandates

Dirk Decavel

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/02/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/12/2009
    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 202526 k €↑
  2. 2024
    Annual accounts 202424,9 k €↑
  3. 2023
    Annual accounts 2023-11,5 k €↓
  4. 2022
    Annual accounts 202277,5 k €↑
  5. 2020
    Annual accounts 2020604,5 €↑
  6. 2019
    Annual accounts 2019-3 k €↑
  7. 2018
    Annual accounts 2018-22,7 k €↓
  8. 2017
    Annual accounts 20179,3 k €↓
  9. 2016
    Annual accounts 201610,2 k €↑
  10. 2015
    Annual accounts 20152,4 k €↑
  11. 2014
    Annual accounts 2014-5,5 k €↓
  12. 2013
    Annual accounts 20135,5 k €↑
  13. 2012
    Annual accounts 2012-211,2 €↓
  14. 2011
    Annual accounts 20115,4 k €
  15. 25/11/2009
    IncorporationPrivate company with limited liability