Financials
Financial year 2025
Varo from Boortmeerbeek, company number BE0468134668, closed financial year 2025 with a result of € 16,997 after tax. For that financial year Varo recorded a gross margin of € 31,501 and equity of € 69,305. Compared with financial year 2024, the result moved from € 12,364 to € 16,997. 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 October 31, 2025.
€ 69,305
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,997
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 23,767
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 56,905.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,415
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,363
▲ 115% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,252
▼ 53% 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 | € 19,381 | € 38,441 | € 24,690 | € 31,501 | ▲ 28% |
| Profit after taxes | € 4,073 | € 34,839 | € 12,364 | € 16,997 | ▲ 37% |
| Equity | € 5,106 | € 39,944 | € 52,308 | € 69,305 | ▲ 32% |
| Total debts | € 23,889 | € 11,596 | € 12,972 | € 4,615 | ▼ 64% |
| Cash | € 14,809 | € 32,231 | € 38,916 | € 23,767 | ▼ 39% |
| Land & buildings | - | - | - | € 1,572 | |
| Retained profit | € -7,294 | € 27,544 | € 39,908 | € 56,905 | ▲ 43% |
| Bank debt | € 4,468 | € 226 | € 7,079 | € 0 | ▼ 100% |
| Balance sheet total | € 28,994 | € 51,540 | € 65,280 | € 73,921 | ▲ 13% |
Key figures of Varo, 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 October 2026.
What happened to Varo?
What happened at Varo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,997 (▲ 37% vs 2024). Source: NBB ↗
- New establishment in Boortmeerbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,073 profit in 2022 to € 16,997 profit in 2025.
Paid € 17,986 in corporate taxes since 2022.
Best year ever: 2023, with € 34,839 profit.
Management
Behind Varo is Patrick Gillis. Patrick Gillis is also behind Healthcare Communications Europe and Afrit 10.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dennenweg 1
3190 Boortmeerbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.134.668
- VAT number
- BE 0468.134.668
- Registered office
- Dennenweg 1, 3190 Boortmeerbeek
- Names & denominations
- Varo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1999
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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