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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VAR DEVELOPMENT from Wuustwezel, company number BE0553721233, closed financial year 2025 with a result of € -327 after tax. For that financial year VAR DEVELOPMENT recorded a gross margin of € -66 and equity of € -1,947. Compared with financial year 2024, the result moved from € -127 to € -327. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ -1,947
▼ € 327 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -327
▼ 156 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,547.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -57 | - | € -127 | € -66 | ▲ € 62 |
| Profit after taxes | € -57 | € 0 | € -127 | € -327 | ▼ € 199 |
| Equity | € -1,493 | € -1,493 | € -1,620 | € -1,947 | ▼ € 327 |
| Total debts | € 1,499 | € 1,499 | € 1,626 | € 1,953 | ▲ 20% |
| Cash | € 7 | € 7 | € 7 | € 7 | ▲ 4% |
| Retained profit | € -20,093 | € -20,093 | € -20,220 | € -20,547 | ▼ € 327 |
| Balance sheet total | € 7 | € 7 | € 7 | € 7 | ▲ 4% |
Key figures of VAR DEVELOPMENT, 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 VAR DEVELOPMENT?
What happened at VAR DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 327. Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Marijke Vandekerkhove became a director. NBB
- Rudi Meeus became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 57 loss in 2022 to € 327 loss in 2025.
Management
Behind VAR DEVELOPMENT are Marijke Vandekerkhove and Rudi Meeus. The same people are also behind Villa Nova Projectontwikkeling. Rudi Meeus is also behind RMV CONSTRUCT.
Directors
According to the 2025 annual accounts
since 2014
since 2014
Establishments
Establishment units
Physical locations of this company
Postiljon 3B box 8
2990 Wuustwezel
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.721.233
- VAT number
- BE 0553.721.233
- Registered office
- Postiljon 3B bus 8, 2990 Wuustwezel
- Names & denominations
- VAR DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2014
- Peppol
- Active · Active since 1 Jan 2001