What does VARAHOL do?

VARAHOL is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 30 December 1993, 2 establishments.

What is the address of VARAHOL?

The registered office of VARAHOL is located at Toekomststraat 1, 2381 Ravels.

Is VARAHOL still active?

Yes. According to the CBE (29 October 2026) VARAHOL is active, legal situation “Normale toestand”, started on 30 December 1993.

Is VARAHOL registered on Peppol?

Yes, VARAHOL is registered on the Peppol network with ID 0208:0451576669.

What is the enterprise number of VARAHOL?

The enterprise number of VARAHOL is BE0451576669.

When was VARAHOL founded?

VARAHOL was founded on 30 December 1993.

Who are the directors of VARAHOL?

According to the 2025 annual accounts, the directors of VARAHOL are: Paul Van Raak, Frank Van Raak, Peter Van Raak, Sabine Van Raak.

Is VARAHOL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 December 1993; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 2 establishments in the CBE.

How much profit did VARAHOL make in 2025?

VARAHOL posted a profit after taxes of € 3,803,721 in financial year 2025.

What is the revenue of VARAHOL?

In its most recent annual accounts (2025), VARAHOL reported revenue of € 1,825,603.

How much does an employee at VARAHOL earn?

The average wage cost per full-time employee at VARAHOL was € 103,500 in 2025: staff costs of € 331,072 for 3.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VARAHOL have?

According to the 2025 annual accounts, VARAHOL has 3.2 full-time equivalents (FTE).

VARAHOL (Public Limited) - Ravels - BE0451576669

Dossier VARAHOL, printed on 29 October 2026 from databakkes.be/en/0451576669/varahol. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VARAHOL from Ravels, company number BE0451576669, closed financial year 2025 with a result of € 3.8 million after tax. For that financial year VARAHOL recorded revenue of € 1.8 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -39,715 to € 3.8 million. Profitable, and profit is growing. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Shrank hard

€ 2.5 million

▼ 57% vs 2024

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

Profit Growing

€ 3.8 million

▲ still € 39,715 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 70,529

▼ 53% vs 2024

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

Where the profit goes Pays out

€ 7.1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

3.2

▲ 0.4 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: € 552,441 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 331,072

▲ 33% vs 2024

€ 103,500 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

€ 383,452

▲ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 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.

€ 73,667

▼ 73% vs 2024

€ 52,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 50,355

▼ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.

Taxes and wages

€ 2.5 million

▲ 103% 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
Revenue	€ 830,609 Revenue 2022: € 830,609 First fiscal year in the series	€ 808,682 Revenue 2023: € 808,682 ▼ 3% vs 2022 (€ 830,609) Unfavourable step	€ 1,292,883 Revenue 2024: € 1,292,883 ▲ 60% vs 2023 (€ 808,682) Favourable step	€ 1,825,603 Revenue 2025: € 1,825,603 ▲ 41% vs 2024 (€ 1,292,883) Favourable step	▲ 41%
Profit after taxes	€ 87,658 Profit after taxes 2022: € 87,658 First fiscal year in the series	€ 7,482,272 Profit after taxes 2023: € 7,482,272 ▲ € 7.4 million vs 2022 (€ 87,658) Favourable step	€ -39,715 Profit after taxes 2024: € -39,715 ▼ € 7.5 million vs 2023 (€ 7,482,272) Unfavourable step	€ 3,803,721 Profit after taxes 2025: € 3,803,721 ▲ € 3.8 million vs 2024 (€ -39,715) Favourable step	▲ € 3.8 million
Equity	€ 1,978,528 Equity 2022: € 1,978,528 First fiscal year in the series	€ 9,450,800 Equity 2023: € 9,450,800 ▲ € 7.5 million vs 2022 (€ 1,978,528) Favourable step	€ 5,836,085 Equity 2024: € 5,836,085 ▼ 38% vs 2023 (€ 9,450,800) Unfavourable step	€ 2,496,948 Equity 2025: € 2,496,948 ▼ 57% vs 2024 (€ 5,836,085) Unfavourable step	▼ 57%
Total debts	€ 9,594,309 Total debts 2022: € 9,594,309 First fiscal year in the series	€ 7,936,748 Total debts 2023: € 7,936,748 ▼ 17% vs 2022 (€ 9,594,309) Favourable step	€ 15,564,673 Total debts 2024: € 15,564,673 ▲ 96% vs 2023 (€ 7,936,748) Unfavourable step	€ 19,183,145 Total debts 2025: € 19,183,145 ▲ 23% vs 2024 (€ 15,564,673) Unfavourable step	▲ 23%
Cash	€ 197,201 Cash 2022: € 197,201 First fiscal year in the series	€ 78,371 Cash 2023: € 78,371 ▼ 60% vs 2022 (€ 197,201) Unfavourable step	€ 149,219 Cash 2024: € 149,219 ▲ 90% vs 2023 (€ 78,371) Favourable step	€ 70,529 Cash 2025: € 70,529 ▼ 53% vs 2024 (€ 149,219) Unfavourable step	▼ 53%
Land & buildings	€ 2,719,017 Land & buildings 2022: € 2,719,017 First fiscal year in the series	€ 2,574,897 Land & buildings 2023: € 2,574,897 ▼ 5% vs 2022 (€ 2,719,017) Unchanged	€ 4,622,716 Land & buildings 2024: € 4,622,716 ▲ 80% vs 2023 (€ 2,574,897) Unchanged	€ 4,446,022 Land & buildings 2025: € 4,446,022 ▼ 4% vs 2024 (€ 4,622,716) Unchanged	▼ 4%
Retained profit	€ 418,528 Retained profit 2022: € 418,528 First fiscal year in the series	€ 7,890,800 Retained profit 2023: € 7,890,800 ▲ € 7.5 million vs 2022 (€ 418,528) Favourable step	€ 4,276,085 Retained profit 2024: € 4,276,085 ▼ 46% vs 2023 (€ 7,890,800) Unfavourable step	€ 936,948 Retained profit 2025: € 936,948 ▼ 78% vs 2024 (€ 4,276,085) Unfavourable step	▼ 78%
Dividend	€ 5,714,286 Dividend 2022: € 5,714,286 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 5,714,286) Unchanged	€ 3,575,000 Dividend 2024: € 3,575,000 Unchanged (€ 0) Unchanged	€ 7,142,857 Dividend 2025: € 7,142,857 ▲ 100% vs 2024 (€ 3,575,000) Unchanged	▲ 100%
Bank debt	€ 717,688 Bank debt 2022: € 717,688 First fiscal year in the series	€ 463,381 Bank debt 2023: € 463,381 ▼ 35% vs 2022 (€ 717,688) Favourable step	€ 268,524 Bank debt 2024: € 268,524 ▼ 42% vs 2023 (€ 463,381) Favourable step	€ 73,667 Bank debt 2025: € 73,667 ▼ 73% vs 2024 (€ 268,524) Favourable step	▼ 73%
Balance sheet total	€ 11,572,837 Balance sheet total 2022: € 11,572,837 First fiscal year in the series	€ 17,442,642 Balance sheet total 2023: € 17,442,642 ▲ 51% vs 2022 (€ 11,572,837) Unchanged	€ 21,455,049 Balance sheet total 2024: € 21,455,049 ▲ 23% vs 2023 (€ 17,442,642) Unchanged	€ 21,731,630 Balance sheet total 2025: € 21,731,630 ▲ 1% vs 2024 (€ 21,455,049) Unchanged	▲ 1%
Employees (FTE)	1.5 Employees (FTE) 2022: 1.5 First fiscal year in the series	1.9 Employees (FTE) 2023: 1.9 ▲ 0.4 vs 2022 (1.5) Unchanged	2.8 Employees (FTE) 2024: 2.8 ▲ 0.9 vs 2023 (1.9) Unchanged	3.2 Employees (FTE) 2025: 3.2 ▲ 0.4 vs 2024 (2.8) Unchanged	▲ 0.4

Key figures of VARAHOL, 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 VARAHOL?

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

2030 Paul Van Raak stepped down as director. NBB
2030 Frank Van Raak stepped down as director. NBB
2030 Peter Van Raak stepped down as director. NBB
2030 Sabine Van Raak stepped down as director. NBB
Jul 28, 2026 New annual accounts for financial year 2025: profit of € 3.8 million. Source: NBB ↗
2024 Paul Van Raak became a director. NBB
2024 Frank Van Raak became a director. NBB
2024 Peter Van Raak became a director. NBB

In short

From € 87,658 profit in 2022 to € 3.8 million profit in 2025.

Paid € 164,110 in corporate taxes since 2022.

Best year ever: 2023, with € 7.5 million profit.

Paid out € 16.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VARAHOL

Van Raak Chemicals 100%

Vechem Industries 100%

Van Raak Distributie 99.8%

Van Raak Benzinestations 99.3%

It owns 100% of Van Raak Chemicals, 100% of Vechem Industries, 99.8% of Van Raak Distributie, 99.3% of Van Raak Benzinestations, 90% of Concrete Technology Belgium BV and 49.6% of Van Raak Trading itself.

Directors

According to the 2025 annual accounts

Paul Van Raak

Director

Also active at: VAN RAAK DISTRIBUTIE, VAN RAAK TRADING, VAN RAAK CHEMICALS

since 2024 · until 2030

Frank Van Raak

Director

Also active at: VAN RAAK BENZINESTATIONS, VECHEM INDUSTRIES, VAN RAAK TRADING, VAN RAAK CHEMICALS

since 2024 · until 2030

Peter Van Raak

Managing director

Also active at: VECHEM INDUSTRIES, VAN RAAK TRADING, VAN RAAK CHEMICALS

since 2024 · until 2030

Sabine Van Raak

Director

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Toekomststraat 1

2381 Ravels

2.065.102.878

Weeldestraat 142

2381 Ravels

Active since 13 January 1994

2.331.082.521

Rue Moulin-Lemaire 12-14

6660 Houffalize

Active since 1 May 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

VAN RAAK BENZINESTATIONS same network

€ 122.5 million revenue · 2025

VAN RAAK DISTRIBUTIE same network

€ 144.8 million revenue · 2025

VAN RAAK TRADING same network

€ 1.1 billion revenue · 2025

TRANSFLUID

€ 248,059 gross margin · 2025

VAN RAAK CHEMICALS same network

€ 41.8 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

0451.576.669

VAT number

BE 0451.576.669

Registered office

Toekomststraat 1, 2381 Ravels

Names & denominations

VARAHOL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 December 1993

Peppol

Active · Active since 2 Apr 2025

Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

VARAHOL

Warning lights

Financials

What happened to VARAHOL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions