Bankrupt · Opening faillissement (CBE)

VARDAR COMPANY

BE0707567884

Rechtspersoon Private limited company 1 establishment

VARDAR COMPANY is a road haulage company in Destelbergen. Private Limited, started on 1 October 2018, 1 establishment.

Kasteelstraat 8, 9070 Destelbergen

Behind the company: Levent Vardar.

Start date

1 October 2018

Warning lights

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

  • Negative equity NBB

    More debt than assets in 1 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 60 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

VARDAR COMPANY from Destelbergen, company number BE0707567884, closed financial year 2024 with a result of € -19,097 after tax. For that financial year VARDAR COMPANY recorded a gross margin of € 94,549 and equity of € -12,741. Compared with financial year 2023, the result moved from € -11,947 to € -19,097. 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 February 4, 2025.

What it is worth Caution

€ -12,741

▼ € 19,097 vs 2023

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

Loss Caution

€ -19,097

▼ 60 % more loss than in 2023

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -25,141.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 91,046

▲ 39% vs 2023

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

€ 26,068

▼ 29% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 20,031

▼ 39% vs 2023

€ 12,392 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 40,257

▲ 91% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 35,671

▲ 71% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 15,978 € 10,260 € 68,687 € 94,549 ▲ 38%
Profit after taxes € 5,940 € -2,739 € -11,947 € -19,097 ▼ € 7,150
Equity € 21,043 € 18,303 € 6,356 € -12,741 ▼ € 19,097
Total debts € 92,370 € 27,042 € 74,526 € 105,809 ▲ 42%
Cash € 200 € 1,895 € 1,441 -
Retained profit € 8,643 € 5,903 € -6,044 € -25,141 ▼ € 19,097
Bank debt € 12,558 € 6,851 € 32,594 € 20,031 ▼ 39%
Balance sheet total € 113,413 € 45,346 € 80,882 € 93,068 ▲ 15%

Key figures of VARDAR COMPANY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.

What happened to VARDAR COMPANY?

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

VARDAR COMPANY is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 19,097. filed late Source: NBB ↗
  • New establishment in Destelbergen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 5,940 profit in 2021 to € 19,097 loss in 2024.

Paid € 4,747 in corporate taxes since 2021.

Best year ever: 2021, with € 5,940 profit.

Management

Levent Vardar
VARDAR COMPANY

Behind VARDAR COMPANY is Levent Vardar.

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Directors

According to the 2024 annual accounts

Levent Vardar

Bestuurder

Establishments

Establishment units

Physical locations of this company

Registered office

Kasteelstraat 8

9070 Destelbergen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0707.567.884
VAT number
BE 0707.567.884
Registered office
Kasteelstraat 8, 9070 Destelbergen
Names & denominations
VARDAR COMPANY
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
1 October 2018
Peppol
Not registered
Activities · NACE

Goederenvervoer over de weg

Frequently asked questions

What does VARDAR COMPANY do?
VARDAR COMPANY is a road haulage company in Destelbergen. Private Limited, started on 1 October 2018, 1 establishment.
What is the address of VARDAR COMPANY?
The registered office of VARDAR COMPANY is located at Kasteelstraat 8, 9070 Destelbergen.
Is VARDAR COMPANY still active?
No. The CBE lists VARDAR COMPANY with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is VARDAR COMPANY registered on Peppol?
No, VARDAR COMPANY is currently not registered on the Peppol network.
What is the enterprise number of VARDAR COMPANY?
The enterprise number of VARDAR COMPANY is BE0707567884.
When was VARDAR COMPANY founded?
VARDAR COMPANY was founded on 1 October 2018.