Varel is an electrical contractor in Oud-Turnhout. Private Limited, started on 28 June 1985, 2 establishments.

What is the address of Varel?

The registered office of Varel is located at Bosdreef 43, 2360 Oud-Turnhout.

Is Varel still active?

Yes. According to the CBE (30 October 2026) Varel is active, legal situation “Normale toestand”, started on 28 June 1985.

Is Varel registered on Peppol?

Yes, Varel is registered on the Peppol network with ID 0208:0427554026.

What is the enterprise number of Varel?

The enterprise number of Varel is BE0427554026.

When was Varel founded?

Varel was founded on 28 June 1985.

Who are the directors of Varel?

According to the 2025 annual accounts, the directors of Varel are: Nathalie Leijser, Seefti BV.

Is Varel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 June 1985; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did Varel make in 2025?

Varel posted a profit after taxes of € 349,020 in financial year 2025.

What is the revenue of Varel?

As a small company, Varel is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,321,574.

How much does an employee at Varel earn?

The average wage cost per full-time employee at Varel was € 94,100 in 2025: staff costs of € 790,725 for 8.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Varel have?

According to the 2025 annual accounts, Varel has 8.4 full-time equivalents (FTE).

Varel (Private Limited) - Oud-Turnhout - BE0427554026

Dossier Varel, printed on 30 October 2026 from databakkes.be/en/0427554026/varel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Varel from Oud-Turnhout, company number BE0427554026, closed financial year 2025 with a result of € 349,020 after tax. For that financial year Varel recorded a gross margin of € 1.3 million and equity of € 158,777. Compared with financial year 2024, the result moved from € 335,817 to € 349,020. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 4, 2026.

What it is worth Growing

€ 158,777

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

Profit Growing

€ 349,020

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 638,638

▲ 60% vs 2024

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

Where the profit goes Pays out

€ 349,000 paid out

100 % of the profit went to the shareholders, mostly to Seefti (80 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

8.4

▼ 0.5 vs 2024

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

Wage cost

€ 790,725

▲ 2% vs 2024

€ 94,100 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.

Vehicles and equipment

€ 27,555

▼ 51% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 42,040

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 118,808

▼ 12% vs 2024

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

Taxes and wages

€ 70,285

▲ 5% 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	€ 1,165,859 Gross margin 2022: € 1,165,859 First fiscal year in the series	€ 1,287,303 Gross margin 2023: € 1,287,303 ▲ 10% vs 2022 (€ 1,165,859) Favourable step	€ 1,294,641 Gross margin 2024: € 1,294,641 ▲ 1% vs 2023 (€ 1,287,303) Favourable step	€ 1,321,574 Gross margin 2025: € 1,321,574 ▲ 2% vs 2024 (€ 1,294,641) Favourable step	▲ 2%
Profit after taxes	€ 275,850 Profit after taxes 2022: € 275,850 First fiscal year in the series	€ 340,226 Profit after taxes 2023: € 340,226 ▲ 23% vs 2022 (€ 275,850) Favourable step	€ 335,817 Profit after taxes 2024: € 335,817 ▼ 1% vs 2023 (€ 340,226) Unfavourable step	€ 349,020 Profit after taxes 2025: € 349,020 ▲ 4% vs 2024 (€ 335,817) Favourable step	▲ 4%
Equity	€ 142,714 Equity 2022: € 142,714 First fiscal year in the series	€ 142,940 Equity 2023: € 142,940 Unchanged (€ 142,714) Favourable step	€ 158,757 Equity 2024: € 158,757 ▲ 11% vs 2023 (€ 142,940) Favourable step	€ 158,777 Equity 2025: € 158,777 Unchanged (€ 158,757) Favourable step
Total debts	€ 654,288 Total debts 2022: € 654,288 First fiscal year in the series	€ 627,444 Total debts 2023: € 627,444 ▼ 4% vs 2022 (€ 654,288) Favourable step	€ 657,998 Total debts 2024: € 657,998 ▲ 5% vs 2023 (€ 627,444) Unfavourable step	€ 730,953 Total debts 2025: € 730,953 ▲ 11% vs 2024 (€ 657,998) Unfavourable step	▲ 11%
Cash	€ 214,947 Cash 2022: € 214,947 First fiscal year in the series	€ 358,750 Cash 2023: € 358,750 ▲ 67% vs 2022 (€ 214,947) Favourable step	€ 399,770 Cash 2024: € 399,770 ▲ 11% vs 2023 (€ 358,750) Favourable step	€ 638,638 Cash 2025: € 638,638 ▲ 60% vs 2024 (€ 399,770) Favourable step	▲ 60%
Retained profit	€ 80,714 Retained profit 2022: € 80,714 First fiscal year in the series	€ 80,940 Retained profit 2023: € 80,940 Unchanged (€ 80,714) Favourable step	€ 96,757 Retained profit 2024: € 96,757 ▲ 20% vs 2023 (€ 80,940) Favourable step	€ 96,777 Retained profit 2025: € 96,777 Unchanged (€ 96,757) Favourable step
Dividend	€ 617,259 Dividend 2022: € 617,259 First fiscal year in the series	€ 340,000 Dividend 2023: € 340,000 ▼ 45% vs 2022 (€ 617,259) Unchanged	€ 320,000 Dividend 2024: € 320,000 ▼ 6% vs 2023 (€ 340,000) Unchanged	€ 349,000 Dividend 2025: € 349,000 ▲ 9% vs 2024 (€ 320,000) Unchanged	▲ 9%
Bank debt	€ 33,439 Bank debt 2022: € 33,439 First fiscal year in the series	€ 33,761 Bank debt 2023: € 33,761 ▲ 1% vs 2022 (€ 33,439) Unfavourable step	€ 42,232 Bank debt 2024: € 42,232 ▲ 25% vs 2023 (€ 33,761) Unfavourable step	€ 42,040 Bank debt 2025: € 42,040 Unchanged (€ 42,232) Favourable step
Balance sheet total	€ 797,001 Balance sheet total 2022: € 797,001 First fiscal year in the series	€ 770,384 Balance sheet total 2023: € 770,384 ▼ 3% vs 2022 (€ 797,001) Unchanged	€ 816,754 Balance sheet total 2024: € 816,754 ▲ 6% vs 2023 (€ 770,384) Unchanged	€ 889,730 Balance sheet total 2025: € 889,730 ▲ 9% vs 2024 (€ 816,754) Unchanged	▲ 9%
Employees (FTE)	8.4 Employees (FTE) 2022: 8.4 First fiscal year in the series	8.6 Employees (FTE) 2023: 8.6 ▲ 0.2 vs 2022 (8.4) Unchanged	8.9 Employees (FTE) 2024: 8.9 ▲ 0.3 vs 2023 (8.6) Unchanged	8.4 Employees (FTE) 2025: 8.4 ▼ 0.5 vs 2024 (8.9) Unchanged	▼ 0.5

Key figures of Varel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Varel?

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

May 4, 2026 New annual accounts for financial year 2025: profit of € 349,020 (▲ 4% vs 2024). Source: NBB ↗
2023 Nathalie Leijser became a director. NBB
Dec 7, 2001 New establishment in Oud-Turnhout. KBO
Jun 28, 1985 New establishment in Turnhout. KBO
Jun 28, 1985 Start of the company according to the CBE. KBO

In short

From € 275,850 profit in 2022 to € 349,020 profit in 2025.

Paid € 473,307 in corporate taxes since 2022.

Best year ever: 2025, with € 349,020 profit.

On average € 157,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Seefti 80%

The stake of Seefti comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Varel

Behind Varel are Nathalie Leijser and Seefti BV. The shares are held by Seefti (80%).

Directors

According to the 2025 annual accounts

Nathalie Leijser

Director

Also active at: BLICON SECURITY, Seefti

since 2023

Seefti BV

Director · represented by Gijsbertus Leijser

Also active at: BLICON SECURITY

Shareholders

Seefti

80%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bosdreef 43

2360 Oud-Turnhout

2.027.744.913

Everdongenlaan 7 box D1

2300 Turnhout

Active since 28 June 1985

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

BLICON SECURITY same network

€ 674,905 gross margin · 2025

Seefti same network

€ 110,300 gross margin · 2025

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

Details

Company number

0427.554.026

VAT number

BE 0427.554.026

Registered office

Bosdreef 43, 2360 Oud-Turnhout

Names & denominations

Varel

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 June 1985

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

Varel

Financials

What happened to Varel?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions