Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Varo Real Estate from Lier, company number BE0871558163, closed financial year 2025 with a result of € 523,960 after tax. For that financial year Varo Real Estate recorded a gross margin of € 1.6 million and equity of € 13.8 million. Compared with financial year 2024, the result moved from € 2.5 million to € 523,960. The company is profitable. 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 June 29, 2026.
€ 13.8 million
▲ 223% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 523,960
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 100,389
▼ 43% 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 € 3.8 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 9,890
▼ 89% vs 2024
€ 9,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 10.8 million
▼ 9% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 111,557
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,196
▲ € 77,640 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 | € 138,696 | € 341,072 | € 1,047,986 | € 1,600,813 | ▲ 53% |
| Profit after taxes | € 67,718 | € 72,894 | € 2,483,050 | € 523,960 | ▼ 79% |
| Equity | € 1,713,529 | € 1,786,423 | € 4,269,473 | € 13,793,433 | ▲ 223% |
| Total debts | € 7,052,825 | € 10,050,045 | € 19,455,852 | € 12,075,550 | ▼ 38% |
| Cash | € 52,782 | € 39,306 | € 176,850 | € 100,389 | ▼ 43% |
| Land & buildings | € 5,451,404 | € 6,863,273 | € 6,757,327 | € 21,953,156 | ▲ 225% |
| Retained profit | € 676,029 | € 748,923 | € 3,231,973 | € 3,755,933 | ▲ 16% |
| Bank debt | € 4,186,601 | € 3,973,647 | € 11,885,863 | € 10,765,797 | ▼ 9% |
| Balance sheet total | € 8,766,354 | € 11,836,468 | € 23,725,325 | € 25,868,983 | ▲ 9% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Varo Real Estate, 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 Varo Real Estate?
What happened at Varo Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DN Con stepped down as director. NBB
- Jeroen Nys stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 523,960 (▼ 79% vs 2024). Source: NBB ↗
- DN Con became a director. NBB
- Jeroen Nys became a director. NBB
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,718 profit in 2022 to € 523,960 profit in 2025.
Paid € 174,399 in corporate taxes since 2022.
Best year ever: 2024, with € 2.5 million profit.
On average € 1.6 million of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
DN Con
Director · represented by Danny Neefs
since 2022 · until 2028
Jeroen Nys
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Joseph Van Instraat 9
2500 Lier
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0871.558.163
- VAT number
- BE 0871.558.163
- Registered office
- Joseph Van Instraat 9, 2500 Lier
- Names & denominations
- Varo Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2005
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
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