What does Varo Energy Tankstorage do?

Varo Energy Tankstorage is a wholesaler in Gent. Public Limited, started on 3 August 1993, 9 establishments.

What is the address of Varo Energy Tankstorage?

The registered office of Varo Energy Tankstorage is located at Wiedauwkaai 75, 9000 Gent.

Is Varo Energy Tankstorage still active?

Yes. According to the CBE (31 October 2026) Varo Energy Tankstorage is active, legal situation “Normale toestand”, started on 3 August 1993.

Is Varo Energy Tankstorage registered on Peppol?

Yes, Varo Energy Tankstorage is registered on the Peppol network with ID 0208:0450540353.

What is the enterprise number of Varo Energy Tankstorage?

The enterprise number of Varo Energy Tankstorage is BE0450540353.

When was Varo Energy Tankstorage founded?

Varo Energy Tankstorage was founded on 3 August 1993.

Who are the directors of Varo Energy Tankstorage?

According to the 2025 annual accounts, the directors of Varo Energy Tankstorage are: Jan Claes, Bernardus Matheus Maria Bart van den Broek, Cornelis Gregory (Sacha) KONAN, Reinier Hendrik (Rene) SMAAL.

Is Varo Energy Tankstorage a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 August 1993; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 9 establishments in the CBE.

How much profit did Varo Energy Tankstorage make in 2025?

Varo Energy Tankstorage posted a profit after taxes of € 1,579,756 in financial year 2025.

What is the revenue of Varo Energy Tankstorage?

In its most recent annual accounts (2025), Varo Energy Tankstorage reported revenue of € 15,896,222.

How much does an employee at Varo Energy Tankstorage earn?

The average wage cost per full-time employee at Varo Energy Tankstorage was € 214,500 in 2025: staff costs of € 2.4 million for 11.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Varo Energy Tankstorage have?

According to the 2025 annual accounts, Varo Energy Tankstorage has 11.3 full-time equivalents (FTE).

Varo Energy Tankstorage (Public Limited) - Gent

Dossier Varo Energy Tankstorage, printed on 1 November 2026 from databakkes.be/en/0450540353/varo-energy-tankstorage. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Varo Energy Tankstorage from Gent, company number BE0450540353, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Varo Energy Tankstorage recorded revenue of € 15.9 million and equity of € 23.7 million. Compared with financial year 2024, the result moved from € 410,041 to € 1.6 million. Profitable, and profit is growing. 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 August 3, 2026.

What it is worth Growing

€ 23.7 million

▲ 7% vs 2024

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

Profit Growing

€ 1.6 million

▲ 285% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 67

▲ 69% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 9.5 million.

People and assets in 2025

Full-time equivalents

11.3

▲ 0.8 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 8.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.4 million

▲ 73% vs 2024

€ 214,500 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

€ 33,020

▲ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4.9 million

▲ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 203 days on average.

Wages and social charges

€ 1.1 million

▲ € 902,355 vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 14,256,559 Revenue 2022: € 14,256,559 First fiscal year in the series	€ 14,233,423 Revenue 2023: € 14,233,423 Unchanged (€ 14,256,559) Unfavourable step	€ 16,250,815 Revenue 2024: € 16,250,815 ▲ 14% vs 2023 (€ 14,233,423) Favourable step	€ 15,896,222 Revenue 2025: € 15,896,222 ▼ 2% vs 2024 (€ 16,250,815) Unfavourable step	▼ 2%
Profit after taxes	€ 504,664 Profit after taxes 2022: € 504,664 First fiscal year in the series	€ 432,462 Profit after taxes 2023: € 432,462 ▼ 14% vs 2022 (€ 504,664) Unfavourable step	€ 410,041 Profit after taxes 2024: € 410,041 ▼ 5% vs 2023 (€ 432,462) Unfavourable step	€ 1,579,756 Profit after taxes 2025: € 1,579,756 ▲ 285% vs 2024 (€ 410,041) Favourable step	▲ 285%
Equity	€ 21,300,802 Equity 2022: € 21,300,802 First fiscal year in the series	€ 21,733,264 Equity 2023: € 21,733,264 ▲ 2% vs 2022 (€ 21,300,802) Favourable step	€ 22,143,305 Equity 2024: € 22,143,305 ▲ 2% vs 2023 (€ 21,733,264) Favourable step	€ 23,723,061 Equity 2025: € 23,723,061 ▲ 7% vs 2024 (€ 22,143,305) Favourable step	▲ 7%
Total debts	€ 8,958,084 Total debts 2022: € 8,958,084 First fiscal year in the series	€ 7,045,638 Total debts 2023: € 7,045,638 ▼ 21% vs 2022 (€ 8,958,084) Favourable step	€ 7,144,592 Total debts 2024: € 7,144,592 ▲ 1% vs 2023 (€ 7,045,638) Unfavourable step	€ 6,701,203 Total debts 2025: € 6,701,203 ▼ 6% vs 2024 (€ 7,144,592) Favourable step	▼ 6%
Cash	€ 0 Cash 2022: € 0 First fiscal year in the series	-	€ 39 Cash 2024: € 39 First fiscal year in the series	€ 67 Cash 2025: € 67 ▲ 69% vs 2024 (€ 39) Favourable step	▲ 69%
Land & buildings	€ 4,663,860 Land & buildings 2022: € 4,663,860 First fiscal year in the series	€ 4,512,171 Land & buildings 2023: € 4,512,171 ▼ 3% vs 2022 (€ 4,663,860) Unchanged	€ 3,274,356 Land & buildings 2024: € 3,274,356 ▼ 27% vs 2023 (€ 4,512,171) Unchanged	€ 3,040,017 Land & buildings 2025: € 3,040,017 ▼ 7% vs 2024 (€ 3,274,356) Unchanged	▼ 7%
Retained profit	€ 7,093,340 Retained profit 2022: € 7,093,340 First fiscal year in the series	€ 7,525,801 Retained profit 2023: € 7,525,801 ▲ 6% vs 2022 (€ 7,093,340) Favourable step	€ 7,935,843 Retained profit 2024: € 7,935,843 ▲ 5% vs 2023 (€ 7,525,801) Favourable step	€ 9,515,599 Retained profit 2025: € 9,515,599 ▲ 20% vs 2024 (€ 7,935,843) Favourable step	▲ 20%
Balance sheet total	€ 32,043,047 Balance sheet total 2022: € 32,043,047 First fiscal year in the series	€ 30,578,303 Balance sheet total 2023: € 30,578,303 ▼ 5% vs 2022 (€ 32,043,047) Unchanged	€ 31,410,360 Balance sheet total 2024: € 31,410,360 ▲ 3% vs 2023 (€ 30,578,303) Unchanged	€ 32,797,503 Balance sheet total 2025: € 32,797,503 ▲ 4% vs 2024 (€ 31,410,360) Unchanged	▲ 4%
Employees (FTE)	6.8 Employees (FTE) 2022: 6.8 First fiscal year in the series	6.8 Employees (FTE) 2023: 6.8 Unchanged (6.8) Unchanged	10.5 Employees (FTE) 2024: 10.5 ▲ 3.7 vs 2023 (6.8) Unchanged	11.3 Employees (FTE) 2025: 11.3 ▲ 0.8 vs 2024 (10.5) Unchanged	▲ 0.8

Key figures of Varo Energy Tankstorage, 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 Varo Energy Tankstorage?

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

2031 Bernardus Matheus Maria Bart van den Broek stepped down as director. NBB
Aug 3, 2026 New annual accounts for financial year 2025: profit of € 1.6 million (▲ 285% vs 2024). filed late Source: NBB ↗
2026 Cornelis Gregory (Sacha) KONAN stepped down as director. NBB
2026 Reinier Hendrik (Rene) SMAAL stepped down as director. NBB
2025 Jan Claes stepped down as director. NBB
2025 Bernardus Matheus Maria Bart van den Broek became a director. NBB
2022 Jan Claes became a director. NBB
2021 Cornelis Gregory (Sacha) KONAN became a director. NBB

In short

From € 504,664 profit in 2022 to € 1.6 million profit in 2025.

Paid € 635,756 in corporate taxes since 2022.

Best year ever: 2025, with € 1.6 million profit.

Original PDFs at the National Bank ↗

Management

VAROPreem 100%

Varo energy Tankstorage 0%

Varo Energy Tankstorage

The shares are held by VAROPreem (100%) and Varo energy Tankstorage (0%).

Directors

According to the 2025 annual accounts

Jan Claes

Director

Also active at: OILINMOTION

since 2022 · until 2025

Bernardus Matheus Maria Bart van den Broek

Director

since 2025 · until 2031

Cornelis Gregory (Sacha) KONAN

Director

Also active at: Varo Energy Belgium, OILINMOTION

since 2021 · until 2026

Reinier Hendrik (Rene) SMAAL

Director

Also active at: Varo Energy Belgium, OILINMOTION

since 2021 · until 2026

Shareholders

VAROPreem

100%

Varo energy Tankstorage

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Wiedauwkaai 75

9000 Gent

2.197.227.964

Aarschotseweg(HRT) 26

2200 Herentals

Active since 25 March 1999

2.197.228.261

Schaarbeeklei 600

1800 Vilvoorde

Active since 25 March 1999

2.241.176.288

Rue de Berloz 3

4000 Liège

Active since 5 January 2015

2.241.176.684

Wondelgemkaai 142

9000 Gent

Active since 1 October 2014

2.252.855.088

Pathoekeweg 74

8000 Brugge

Active since 1 January 2016

2.252.855.286

Herdersstraat 8

3500 Hasselt

Active since 1 January 2016

2.252.855.385

Rue de Bossuit (POT) 1

7760 Celles (lez-Tournai)

Active since 1 January 2016

2.283.348.623

Krakeleweg 18

8000 Brugge

Active since 3 January 2019

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Varo Energy Belgium same network

€ 1.5 billion revenue · 2025

Nefco Belgium

€ 23.9 million revenue · 2025

OILINMOTION same network

€ 34.7 million revenue · 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

0450.540.353

VAT number

BE 0450.540.353

Registered office

Wiedauwkaai 75, 9000 Gent

Names & denominations

Varo Energy Tankstorage

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

3 August 1993

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten

Opslag

View on CBE Public ↗ Annual accounts (NBB) ↗

Varo Energy Tankstorage

Financials

What happened to Varo Energy Tankstorage?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions