What does Varbell do?

Varbell is a farm in Aalter. Private Limited, started on 8 November 1967, 2 establishments.

What is the address of Varbell?

The registered office of Varbell is located at Spenningstraat 1 box A, 9881 Aalter.

Is Varbell still active?

Yes. According to the CBE (30 October 2026) Varbell is active, legal situation “Normale toestand”, started on 8 November 1967.

Is Varbell registered on Peppol?

Yes, Varbell is registered on the Peppol network with ID 0208:0401050557.

What is the enterprise number of Varbell?

The enterprise number of Varbell is BE0401050557.

When was Varbell founded?

Varbell was founded on 8 November 1967.

Who are the directors of Varbell?

According to the 2025 annual accounts, the directors of Varbell are: Louis Verschelde.

Is Varbell a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 November 1967; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did Varbell make in 2025?

Varbell posted a profit after taxes of € 282,560 in financial year 2025.

What is the revenue of Varbell?

As a small company, Varbell is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 609,648.

How much does an employee at Varbell earn?

The average wage cost per full-time employee at Varbell was € 63,700 in 2025: staff costs of € 63,680 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Varbell have?

According to the 2025 annual accounts, Varbell has 1 full-time equivalents (FTE).

Varbell (Private Limited) - Aalter - BE0401050557

Dossier Varbell, printed on 30 October 2026 from databakkes.be/en/0401050557/varbell. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Varbell from Aalter, company number BE0401050557, closed financial year 2025 with a result of € 282,560 after tax. For that financial year Varbell recorded a gross margin of € 609,648 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 401,071 to € 282,560. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.

What it is worth Growing

€ 1.8 million

▲ 27% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 282,560

▼ 30% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 275,127

▲ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 249,377 paid out

88 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 63,680

▼ 3% vs 2024

€ 63,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2 million

▼ 21% vs 2024

€ 216,229 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 128,601

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 64,324

▼ 52% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 308,973 Gross margin 2022: € 308,973 First fiscal year in the series	€ 695,071 Gross margin 2023: € 695,071 ▲ 125% vs 2022 (€ 308,973) Favourable step	€ 824,203 Gross margin 2024: € 824,203 ▲ 19% vs 2023 (€ 695,071) Favourable step	€ 609,648 Gross margin 2025: € 609,648 ▼ 26% vs 2024 (€ 824,203) Unfavourable step	▼ 26%
Profit after taxes	€ 100,231 Profit after taxes 2022: € 100,231 First fiscal year in the series	€ 297,611 Profit after taxes 2023: € 297,611 ▲ 197% vs 2022 (€ 100,231) Favourable step	€ 401,071 Profit after taxes 2024: € 401,071 ▲ 35% vs 2023 (€ 297,611) Favourable step	€ 282,560 Profit after taxes 2025: € 282,560 ▼ 30% vs 2024 (€ 401,071) Unfavourable step	▼ 30%
Equity	€ 723,085 Equity 2022: € 723,085 First fiscal year in the series	€ 1,020,696 Equity 2023: € 1,020,696 ▲ 41% vs 2022 (€ 723,085) Favourable step	€ 1,421,767 Equity 2024: € 1,421,767 ▲ 39% vs 2023 (€ 1,020,696) Favourable step	€ 1,806,303 Equity 2025: € 1,806,303 ▲ 27% vs 2024 (€ 1,421,767) Favourable step	▲ 27%
Total debts	€ 2,592,214 Total debts 2022: € 2,592,214 First fiscal year in the series	€ 3,767,255 Total debts 2023: € 3,767,255 ▲ 45% vs 2022 (€ 2,592,214) Unfavourable step	€ 2,926,905 Total debts 2024: € 2,926,905 ▼ 22% vs 2023 (€ 3,767,255) Favourable step	€ 2,291,442 Total debts 2025: € 2,291,442 ▼ 22% vs 2024 (€ 2,926,905) Favourable step	▼ 22%
Cash	€ 58,326 Cash 2022: € 58,326 First fiscal year in the series	€ 141,406 Cash 2023: € 141,406 ▲ 142% vs 2022 (€ 58,326) Favourable step	€ 174,670 Cash 2024: € 174,670 ▲ 24% vs 2023 (€ 141,406) Favourable step	€ 275,127 Cash 2025: € 275,127 ▲ 58% vs 2024 (€ 174,670) Favourable step	▲ 58%
Land & buildings	€ 1,125,722 Land & buildings 2022: € 1,125,722 First fiscal year in the series	€ 1,797,619 Land & buildings 2023: € 1,797,619 ▲ 60% vs 2022 (€ 1,125,722) Unchanged	€ 1,702,252 Land & buildings 2024: € 1,702,252 ▼ 5% vs 2023 (€ 1,797,619) Unchanged	€ 1,624,869 Land & buildings 2025: € 1,624,869 ▼ 5% vs 2024 (€ 1,702,252) Unchanged	▼ 5%
Retained profit	€ 559,124 Retained profit 2022: € 559,124 First fiscal year in the series	€ 856,735 Retained profit 2023: € 856,735 ▲ 53% vs 2022 (€ 559,124) Favourable step	€ 1,257,806 Retained profit 2024: € 1,257,806 ▲ 47% vs 2023 (€ 856,735) Favourable step	€ 1,290,988 Retained profit 2025: € 1,290,988 ▲ 3% vs 2024 (€ 1,257,806) Favourable step	▲ 3%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 249,377 Dividend 2025: € 249,377 Unchanged (€ 0) Unchanged
Bank debt	€ 2,152,321 Bank debt 2022: € 2,152,321 First fiscal year in the series	€ 3,193,004 Bank debt 2023: € 3,193,004 ▲ 48% vs 2022 (€ 2,152,321) Unfavourable step	€ 2,575,489 Bank debt 2024: € 2,575,489 ▼ 19% vs 2023 (€ 3,193,004) Favourable step	€ 2,044,617 Bank debt 2025: € 2,044,617 ▼ 21% vs 2024 (€ 2,575,489) Favourable step	▼ 21%
Balance sheet total	€ 3,315,298 Balance sheet total 2022: € 3,315,298 First fiscal year in the series	€ 4,787,951 Balance sheet total 2023: € 4,787,951 ▲ 44% vs 2022 (€ 3,315,298) Unchanged	€ 4,348,672 Balance sheet total 2024: € 4,348,672 ▼ 9% vs 2023 (€ 4,787,951) Unchanged	€ 4,116,237 Balance sheet total 2025: € 4,116,237 ▼ 5% vs 2024 (€ 4,348,672) Unchanged	▼ 5%
Employees (FTE)	-	-	1 Employees (FTE) 2024: 1 First fiscal year in the series	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of Varbell, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Varbell?

What happened at Varbell in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 30, 2025 New annual accounts for financial year 2025: profit of € 282,560 (▼ 30% vs 2024). Source: NBB ↗
2021 Louis Verschelde became a director. NBB
Jan 4, 2021 New establishment in Deinze. KBO
Dec 1, 1967 New establishment in Aalter. KBO
Nov 8, 1967 Start of the company according to the CBE. KBO

In short

From € 100,231 profit in 2022 to € 282,560 profit in 2025.

Paid € 269,220 in corporate taxes since 2022.

Best year ever: 2024, with € 401,071 profit.

On average € 609,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Louis Verschelde

Varbell

LVCO

Behind Varbell is Louis Verschelde. Louis Verschelde is also behind LVCO.

Directors

According to the 2025 annual accounts

Louis Verschelde

Director

Also active at: LVCO

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Spenningstraat 1 box A

9881 Aalter

2.001.614.992

Spenningstraat 1

9881 Aalter

Active since 1 December 1967

2.311.823.764

Dalestraat 12

9850 Deinze

Active since 4 January 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0401.050.557

VAT number

BE 0401.050.557

Registered office

Spenningstraat 1 bus A, 9881 Aalter

Names & denominations

Varbell

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 November 1967

Peppol

Active · Active since 27 Mar 2025

Activities · NACE

Fokvarkenshouderijen

Fokvarkenshouderij

Varkensvetmesterijen

Ondersteunende activiteiten in verband met de veeteelt

Diensten in verband met de veeteelt, exclusief veterinaire dienstverlening

View on CBE Public ↗ Annual accounts (NBB) ↗

Varbell

Financials

What happened to Varbell?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions