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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VARAM ENERGIES from Menen, company number BE0811366101, closed financial year 2025 with a result of € 99,511 after tax. For that financial year VARAM ENERGIES recorded a gross margin of € 218,398 and equity of € 573,843. Compared with financial year 2024, the result moved from € 84,111 to € 99,511. 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 January 5, 2026.
€ 573,843
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99,511
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 29,568
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 91,200 paid out
92 % of the profit went to the shareholders, mostly to ERVEDE (50 % of the shares). That is where the money ends up.
People and assets in 2025
€ 245,411
▼ 13% vs 2024
Of which on lease € 245,411.
Debts at end 2025
€ 99,193
▼ 46% vs 2024
€ 48,659 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,724
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,511
▲ 110% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 230,987 | € 469,118 | € 207,796 | € 218,398 | ▲ 5% |
| Profit after taxes | € 100,228 | € 255,072 | € 84,111 | € 99,511 | ▲ 18% |
| Equity | € 475,652 | € 563,880 | € 568,762 | € 573,843 | ▲ 1% |
| Total debts | € 640,759 | € 547,940 | € 373,536 | € 196,639 | ▼ 47% |
| Cash | € 74,352 | € 161,443 | € 79,922 | € 29,568 | ▼ 63% |
| Retained profit | € 441,161 | € 534,233 | € 542,344 | € 550,656 | ▲ 2% |
| Dividend | € 90,000 | € 162,000 | € 76,000 | € 91,200 | ▲ 20% |
| Bank debt | € 509,393 | € 313,976 | € 182,197 | € 99,193 | ▼ 46% |
| Balance sheet total | € 1,166,460 | € 1,152,589 | € 983,066 | € 808,538 | ▼ 18% |
Key figures of VARAM ENERGIES, fiscal years 2021 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 VARAM ENERGIES?
What happened at VARAM ENERGIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 99,511 (▲ 18% vs 2024). Source: NBB ↗
- Sun Invest became a director. NBB
- Ervede NV became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,228 profit in 2021 to € 99,511 profit in 2025.
Paid € 37,923 in corporate taxes since 2021.
Best year ever: 2023, with € 255,072 profit.
Paid out € 419,200 in dividends to the owners in total.
Management
The stake of ERVEDE, SUN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VARAM ENERGIESBehind VARAM ENERGIES are Sun Invest and Ervede NV. The shares are held by ERVEDE (50%) and SUN INVEST (50%).
Directors
According to the 2025 annual accounts
Director · represented by Johan DENY
Also active at: JULIS ENERGIES, MAGMA ENERGIES, SEPTEM ENERGIES, APRI ENERGIES, JUNIS ENERGIES, VAN MAELE ENERGIES, BIOFRESH ENERGIES, DEBA ENERGY +6 more
since 2022
since 2022
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 105
8930 Menen
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0811.366.101
- VAT number
- BE 0811.366.101
- Registered office
- Industrielaan 105, 8930 Menen
- Names & denominations
- VARAM ENERGIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2009
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- varam.be
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen