Financials
Financial year 2025
VARECO from Lille, company number BE0460947166, closed financial year 2025 with a result of € 112,067 after tax. For that financial year VARECO recorded a gross margin of € 164,477 and equity of € 626,326. Compared with financial year 2024, the result moved from € 79,529 to € 112,067. 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 July 1, 2026.
€ 626,326
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 112,067
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 610,889
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 59,218 paid out
53 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 10,000
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 17,115
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,090
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 135,786 | € 144,967 | € 119,141 | € 164,477 | ▲ 38% |
| Profit after taxes | € 85,177 | € 95,500 | € 79,529 | € 112,067 | ▲ 41% |
| Equity | € 473,452 | € 532,532 | € 573,477 | € 626,326 | ▲ 9% |
| Total debts | € 42,788 | € 54,207 | € 39,790 | € 48,205 | ▲ 21% |
| Cash | € 330,604 | € 372,276 | € 515,086 | € 610,889 | ▲ 19% |
| Land & buildings | € 1,382 | € 921 | € 461 | - | |
| Retained profit | € 454,860 | € 513,939 | € 554,885 | € 607,734 | ▲ 10% |
| Dividend | € 227,766 | € 36,420 | € 38,583 | € 59,218 | ▲ 53% |
| Bank debt | € 17,536 | € 10,130 | € 10,143 | € 10,000 | ▼ 1% |
| Balance sheet total | € 516,239 | € 586,739 | € 613,267 | € 674,531 | ▲ 10% |
Key figures of VARECO, 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 VARECO?
What happened at VARECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 112,067 (▲ 41% vs 2024). Source: NBB ↗
- New establishment in Lille. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,177 profit in 2022 to € 112,067 profit in 2025.
Paid € 157,045 in corporate taxes since 2022.
Best year ever: 2025, with € 112,067 profit.
Paid out € 361,987 in dividends to the owners in total.
Management
Behind VARECO are DIRK VAN HERCK, GUY VAN HERCK and AUGUSTINUS VAN HERCK.
Directors
According to the 2025 annual accounts
DIRK VAN HERCK
Director
GUY VAN HERCK
Director
AUGUSTINUS VAN HERCK
Director
Establishments
Establishment units
Physical locations of this company
Biezenhoek 23
2275 Lille
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.947.166
- VAT number
- BE 0460.947.166
- Registered office
- Biezenhoek 23, 2275 Lille
- Names & denominations
- VARECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1997
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies