Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VARJO from Lichtervelde, company number BE0477330961, closed financial year 2025 with a result of € 5,156 after tax. For that financial year VARJO recorded a gross margin of € 250,635 and equity of € 311,094. Compared with financial year 2024, the result moved from € 28,066 to € 5,156. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 311,094
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,156
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 20,502
▼ 85% 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 € 42,494.
People and assets in 2025
€ 4,187
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 938,840
▲ 154% vs 2024
€ 109,051 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 59,554
▲ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,282
▼ 38% 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 | € 130,353 | € 151,283 | € 154,584 | € 250,635 | ▲ 62% |
| Profit after taxes | € 12,351 | € 25,479 | € 28,066 | € 5,156 | ▼ 82% |
| Equity | € 252,393 | € 277,872 | € 305,938 | € 311,094 | ▲ 2% |
| Total debts | € 819,025 | € 640,777 | € 584,755 | € 1,282,223 | ▲ 119% |
| Cash | € 121,176 | € 32,884 | € 132,278 | € 20,502 | ▼ 85% |
| Land & buildings | € 761,424 | € 693,836 | € 626,248 | € 1,356,027 | ▲ 117% |
| Retained profit | € -16,207 | € 9,272 | € 37,338 | € 42,494 | ▲ 14% |
| Bank debt | € 489,555 | € 429,978 | € 369,090 | € 938,840 | ▲ 154% |
| Balance sheet total | € 1,071,418 | € 918,649 | € 890,693 | € 1,593,317 | ▲ 79% |
Key figures of VARJO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VARJO?
What happened at VARJO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,156 (▼ 82% vs 2024). Source: NBB ↗
- New establishment in Hooglede. KBO
- Kim Fiers became a director. NBB
- New establishment in Lichtervelde. KBO
- Start of the company according to the CBE. KBO
- New establishment in Lichtervelde. KBO
In short
From € 12,351 profit in 2022 to € 5,156 profit in 2025.
Paid € 27,066 in corporate taxes since 2022.
Best year ever: 2024, with € 28,066 profit.
Management
Behind VARJO is Kim Fiers. Kim Fiers is also behind JOMARTO.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 2B
8810 Lichtervelde
Kortrijkstraat 2
8810 Lichtervelde
Active since 19 April 2002
Burgemeesterstraat 6
8810 Lichtervelde
Active since 13 February 2017
Heistraat 1
8830 Hooglede
Active since 23 January 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
- 0477.330.961
- VAT number
- BE 0477.330.961
- Registered office
- Kortrijkstraat 2B, 8810 Lichtervelde
- Names & denominations
- VARJO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2002
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Gemengd landbouwbedrijf
Gemengd bedrijf