Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VARTES from Tongeren-Borgloon, company number BE0827714955, closed financial year 2025 with a result of € -6,744 after tax. For that financial year VARTES recorded a gross margin of € 65,319 and equity of € 136,887. Compared with financial year 2024, the result moved from € -15,098 to € -6,744. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 136,887
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,744
▲ 55 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,261
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -231,713.
People and assets in 2025
€ 9,028
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 551,412
▼ 3% vs 2024
€ 19,728 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 7,526
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,057
▲ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 50,961 | € 46,033 | € 56,862 | € 65,319 | ▲ 15% |
| Profit after taxes | € -18,052 | € -27,436 | € -15,098 | € -6,744 | ▲ € 8,354 |
| Equity | € 186,166 | € 158,729 | € 143,631 | € 136,887 | ▼ 5% |
| Total debts | € 971,762 | € 952,280 | € 931,620 | € 903,909 | ▼ 3% |
| Cash | € 2,817 | € 3,294 | € 12,205 | € 9,261 | ▼ 24% |
| Land & buildings | € 997,280 | € 952,138 | € 906,996 | € 861,855 | ▼ 5% |
| Retained profit | € -182,434 | € -209,871 | € -224,969 | € -231,713 | ▼ € 6,744 |
| Bank debt | € 607,226 | € 588,138 | € 570,126 | € 551,412 | ▼ 3% |
| Balance sheet total | € 1,157,927 | € 1,111,009 | € 1,075,251 | € 1,040,796 | ▼ 3% |
Key figures of VARTES, 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 VARTES?
What happened at VARTES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,744. filed late Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- New establishment in Tongeren-Borgloon. KBO
- Caroline Varutti became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,052 loss in 2022 to € 6,744 loss in 2025.
Paid € 970 in corporate taxes since 2022.
A new publication or filing at VARTES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VARTES are Jean-marie Thielen and Caroline Varutti.
Directors
According to the 2025 annual accounts
Jean-marie Thielen
Director
Caroline Varutti
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Smalstraat 15
3700 Tongeren-Borgloon
Tapstraat 165
3700 Tongeren-Borgloon
Active since 15 January 2019
Wilstraat 32
3700 Tongeren-Borgloon
Active since 1 July 2019
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
Google Workspace
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0827.714.955
- VAT number
- BE 0827.714.955
- Registered office
- Smalstraat 15, 3700 Tongeren-Borgloon
- Names & denominations
- VARTES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2010
- Peppol
- Active · Active since 10 Oct 2025
- Contact
- vartes.be 012 24 16 18
- Activities · NACE
Gemengd landbouwbedrijf
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Pensions voor huisdieren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Africhten van huisdieren
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Diverse administratieve activiteiten ten behoeve van kantoren
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