What does Varel Security Sud do?

Varel Security Sud is registered with the CBE as active in: Elektrische installatie. Private Limited, started on 6 February 2006, 3 establishments.

What is the address of Varel Security Sud?

The registered office of Varel Security Sud is located at Rue des Semailles 18, 4400 Flémalle.

Is Varel Security Sud still active?

Yes. According to the CBE (30 October 2026) Varel Security Sud is active, legal situation “Normale toestand”, started on 6 February 2006.

Is Varel Security Sud registered on Peppol?

Yes, Varel Security Sud is registered on the Peppol network with ID 0208:0879142672.

What is the enterprise number of Varel Security Sud?

The enterprise number of Varel Security Sud is BE0879142672.

When was Varel Security Sud founded?

Varel Security Sud was founded on 6 February 2006.

Who are the directors of Varel Security Sud?

According to the 2024 annual accounts, the directors of Varel Security Sud are: FORTINVEST SRL, David BODSON.

Is Varel Security Sud a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 February 2006; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did Varel Security Sud make in 2024?

Varel Security Sud posted a profit after taxes of € 118,357 in financial year 2024.

What is the revenue of Varel Security Sud?

As a small company, Varel Security Sud is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 1,617,761.

How much does an employee at Varel Security Sud earn?

The average wage cost per full-time employee at Varel Security Sud was € 85,400 in 2024: staff costs of € 1.3 million for 14.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Varel Security Sud have?

According to the 2024 annual accounts, Varel Security Sud has 14.7 full-time equivalents (FTE).

Varel Security Sud (Private Limited) - Flémalle

Dossier Varel Security Sud, printed on 30 October 2026 from databakkes.be/en/0879142672/varel-security-sud. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Annual account missing NBB

Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2024.

Financials

Financial year 2024

Varel Security Sud from Flémalle, company number BE0879142672, closed financial year 2024 with a result of € 118,357 after tax. For that financial year Varel Security Sud recorded a gross margin of € 1.6 million and equity of € 2.3 million. Compared with financial year 2023, the result moved from € 176,197 to € 118,357. 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 March 21, 2025.

What it is worth Growing

€ 2.3 million

▲ 1% vs 2023

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

Profit Healthy

€ 118,357

▼ 33% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 603,792

▼ 55% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

84 % of the profit went to the shareholders, mostly to Varel Security Group (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

14.7

▲ 1.8 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▲ 17% vs 2023

€ 85,400 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.

Vehicles and equipment

€ 169,151

▼ 12% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 366,357

▼ 4% vs 2023

€ 75,583 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 137,077

▲ 48% vs 2023

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

Taxes and wages

€ 117,364

▲ 12% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 1,270,548 Gross margin 2021: € 1,270,548 First fiscal year in the series	€ 2,625,637 Gross margin 2022: € 2,625,637 ▲ 107% vs 2021 (€ 1,270,548) Favourable step	€ 1,470,778 Gross margin 2023: € 1,470,778 ▼ 44% vs 2022 (€ 2,625,637) Unfavourable step	€ 1,617,761 Gross margin 2024: € 1,617,761 ▲ 10% vs 2023 (€ 1,470,778) Favourable step	▲ 10%
Profit after taxes	€ 341,156 Profit after taxes 2021: € 341,156 First fiscal year in the series	€ 1,108,732 Profit after taxes 2022: € 1,108,732 ▲ 225% vs 2021 (€ 341,156) Favourable step	€ 176,197 Profit after taxes 2023: € 176,197 ▼ 84% vs 2022 (€ 1,108,732) Unfavourable step	€ 118,357 Profit after taxes 2024: € 118,357 ▼ 33% vs 2023 (€ 176,197) Unfavourable step	▼ 33%
Equity	€ 1,645,192 Equity 2021: € 1,645,192 First fiscal year in the series	€ 2,251,322 Equity 2022: € 2,251,322 ▲ 37% vs 2021 (€ 1,645,192) Favourable step	€ 2,324,917 Equity 2023: € 2,324,917 ▲ 3% vs 2022 (€ 2,251,322) Favourable step	€ 2,340,673 Equity 2024: € 2,340,673 ▲ 1% vs 2023 (€ 2,324,917) Favourable step	▲ 1%
Total debts	€ 960,161 Total debts 2021: € 960,161 First fiscal year in the series	€ 1,345,102 Total debts 2022: € 1,345,102 ▲ 40% vs 2021 (€ 960,161) Unfavourable step	€ 687,990 Total debts 2023: € 687,990 ▼ 49% vs 2022 (€ 1,345,102) Favourable step	€ 620,798 Total debts 2024: € 620,798 ▼ 10% vs 2023 (€ 687,990) Favourable step	▼ 10%
Cash	€ 1,486,817 Cash 2021: € 1,486,817 First fiscal year in the series	€ 2,090,072 Cash 2022: € 2,090,072 ▲ 41% vs 2021 (€ 1,486,817) Favourable step	€ 1,329,624 Cash 2023: € 1,329,624 ▼ 36% vs 2022 (€ 2,090,072) Unfavourable step	€ 603,792 Cash 2024: € 603,792 ▼ 55% vs 2023 (€ 1,329,624) Unfavourable step	▼ 55%
Land & buildings	€ 389,231 Land & buildings 2021: € 389,231 First fiscal year in the series	€ 366,195 Land & buildings 2022: € 366,195 ▼ 6% vs 2021 (€ 389,231) Unchanged	€ 337,801 Land & buildings 2023: € 337,801 ▼ 8% vs 2022 (€ 366,195) Unchanged	€ 306,573 Land & buildings 2024: € 306,573 ▼ 9% vs 2023 (€ 337,801) Unchanged	▼ 9%
Retained profit	€ 1,603,754 Retained profit 2021: € 1,603,754 First fiscal year in the series	€ 2,212,485 Retained profit 2022: € 2,212,485 ▲ 38% vs 2021 (€ 1,603,754) Favourable step	€ 2,288,682 Retained profit 2023: € 2,288,682 ▲ 3% vs 2022 (€ 2,212,485) Favourable step	€ 2,307,039 Retained profit 2024: € 2,307,039 ▲ 1% vs 2023 (€ 2,288,682) Favourable step	▲ 1%
Dividend	€ 215,000 Dividend 2021: € 215,000 First fiscal year in the series	€ 500,000 Dividend 2022: € 500,000 ▲ 133% vs 2021 (€ 215,000) Unchanged	€ 100,000 Dividend 2023: € 100,000 ▼ 80% vs 2022 (€ 500,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 100,000) Unchanged
Bank debt	€ 412,026 Bank debt 2021: € 412,026 First fiscal year in the series	€ 360,618 Bank debt 2022: € 360,618 ▼ 12% vs 2021 (€ 412,026) Favourable step	€ 382,191 Bank debt 2023: € 382,191 ▲ 6% vs 2022 (€ 360,618) Unfavourable step	€ 366,357 Bank debt 2024: € 366,357 ▼ 4% vs 2023 (€ 382,191) Favourable step	▼ 4%
Balance sheet total	€ 2,605,353 Balance sheet total 2021: € 2,605,353 First fiscal year in the series	€ 3,596,424 Balance sheet total 2022: € 3,596,424 ▲ 38% vs 2021 (€ 2,605,353) Unchanged	€ 3,012,907 Balance sheet total 2023: € 3,012,907 ▼ 16% vs 2022 (€ 3,596,424) Unchanged	€ 2,961,471 Balance sheet total 2024: € 2,961,471 ▼ 2% vs 2023 (€ 3,012,907) Unchanged	▼ 2%
Employees (FTE)	10.3 Employees (FTE) 2021: 10.3 First fiscal year in the series	13.1 Employees (FTE) 2022: 13.1 ▲ 2.8 vs 2021 (10.3) Unchanged	12.9 Employees (FTE) 2023: 12.9 ▼ 0.2 vs 2022 (13.1) Unchanged	14.7 Employees (FTE) 2024: 14.7 ▲ 1.8 vs 2023 (12.9) Unchanged	▲ 1.8

Key figures of Varel Security Sud, 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 April 2026.

What happened to Varel Security Sud?

What happened at Varel Security Sud in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 1, 2026 New establishment in Dilbeek. KBO
Mar 21, 2025 New annual accounts for financial year 2024: profit of € 118,357 (▼ 33% vs 2023). Source: NBB ↗
Nov 29, 2024 New establishment in Tournai. KBO
2024 FORTINVEST SRL became a director. NBB
2024 David BODSON stepped down as director. NBB
2006 David BODSON became a director. NBB
Feb 6, 2006 Start of the company according to the CBE. KBO
Jan 24, 2006 New establishment in Flémalle. KBO

In short

From € 341,156 profit in 2021 to € 118,357 profit in 2024.

Paid € 690,267 in corporate taxes since 2021.

Best year ever: 2022, with € 1.1 million profit.

On average € 110,100 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Varel Security Group 100%

The stake of Varel Security Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Varel Security Sud

Behind Varel Security Sud is FORTINVEST SRL. The shares are held by Varel Security Group (100%).

Directors

According to the 2024 annual accounts

FORTINVEST SRL

Director · represented by BEN FORTAN

Also active at: VAREL SECURITY, VDE Security, BUYSE TECHNICS

since 2024

David BODSON

Director

Also active at: EDGS

since 2006 · until 2024

Shareholders

Varel Security Group

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Semailles 18

4400 Flémalle

2.367.233.233

Rue du Serpolet (MAR) 4 box B

7522 Tournai

Active since 29 November 2024

2.387.369.245

't Hofveld 6 box C2

1702 Dilbeek

Active since 1 April 2026

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

Details

Company number

0879.142.672

VAT number

BE 0879.142.672

Registered office

Rue des Semailles 18, 4400 Flémalle

Names & denominations

Varel Security Sud

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 February 2006

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Elektrische installatie

Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗

Varel Security Sud

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Financials

What happened to Varel Security Sud?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions