Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
Revenue
€ 20.1 million
▼ 1% vs 2024
Profit
Growing€ 1.3 million
▲ 349% vs 2024
Debts
High€ 13 million
▼ 15% vs 2024
VAREL SECURITY from Hasselt, company number BE0417906385, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year VAREL SECURITY recorded revenue of € 20.1 million and equity of € 97,166. Compared with financial year 2024, the result moved from € 296,388 to € 1.3 million. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
What happened at VAREL SECURITY?
What happened at VAREL SECURITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 349% vs 2024). Source: NBB ↗
- New establishment in Kontich. KBO
- New establishment in Deinze. KBO
- Varel Security Group BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
In short
From € 1.6 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
On average € 101,100 of value added per employee in 2022.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind VAREL SECURITY is Varel Security Group BV. Varel Security Group BV is also behind VDE Security, DBS - BUYSE and BUYSE TECHNICS.
Directors
According to the 2025 annual accounts
Director · represented by Ben Fortan
Also active at: VDE Security, DBS - BUYSE, BUYSE TECHNICS
since 2018
Establishments
Establishment units
Physical locations of this company
Veldstraat 111
3511 Hasselt
Engelhoekstraat 1
9800 Deinze
Active since 1 October 2021
Koningin Astridlaan 29
2550 Kontich
Active since 1 December 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
Details
- Company number
- 0417.906.385
- VAT number
- BE 0417.906.385
- Registered office
- Veldstraat 111, 3511 Hasselt
- Names & denominations
- VAREL SECURITY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1977
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
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