Varel Security SA
82.2 FTEVarel Security reported revenue of €20.1m for the 2025 financial year (annual accounts filed with the NBB on 30 Apr 2026), with 82.2 full-time equivalents.
The score of Varel Security shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Equity -81 % Total assets -16 % Headcount (avg FTE) +10 %
Accounts of the company itself (not consolidated).
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Varel Security's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €20.1m | ||||
| Net result | €1.33m | ||||
| Equity | 97,166 € | ||||
| Cash | 615,563 € | ||||
| EBITDA | €2.91m | ||||
| Total assets | €13.1m |
Filed annual accounts
- Year ended 30 Sep 2025filed on 30 Apr 2026
- Year ended 30 Sep 2024filed on 01 Apr 2025
- Year ended 30 Sep 2023filed on 29 Apr 2024
- Year ended 30 Sep 2022filed on 30 Mar 2023
- Year ended 30 Sep 2021filed on 30 Mar 2022
Varel Security's financial analysis
- Solvency0.7%sector median: 48.6%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Varel Security
Varel Security's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0417.906.385
- VAT number
- BE0417906385
- Peppol
- Registered · 0208:0417906385 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 13 Dec 1977
- Registered office
- 3511 Hasselt
- Size
- Medium · 82.2 FTE
- Latest accounts
- 2025 · filed on 30 Apr 2026
- Activity
- General work of electrical installation (NACE 43211)
Varel Security (SA) has been based in Hasselt since 1977, active in: general work of electrical installation. For 2025, it reports revenue of €20.1m, a net profit of €1.33m and equity of 97,166 €. With 82.2 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at 0.7%, below the median of its sector (48.6%).
Companies similar to Varel Security
Companies in the same business, of comparable size and area, outside its group.
- Van Cauter Multitechnieken Electrical installation Lede · balance sheet €13.2m
- Sparki Renewables Electrical installation Harelbeke · balance sheet €39.2m
- Elektro Wouters Electrical installation Putte · balance sheet €3.99m
- Business Solutions 30 Belgium Electrical installation Antwerp · balance sheet €12.2m
- Ingels Electro-Techniek Electrical installation Kaprijke · balance sheet €2.33m
- Seculyn Electrical installation Heusden-Zolder · balance sheet €1.73m
- Cegelec Electrical Solutions Electrical installation Brussels · balance sheet €70.1m
- Tacktimo Electrical installation Zulte · balance sheet 684,726 €
Frequently asked questions about Varel Security
What is the revenue of Varel Security?
According to the 2025 annual accounts filed with the NBB, the revenue of Varel Security amounts to 20,097,680 €.
What is the VAT number of Varel Security?
In Belgium, the VAT number is the company number prefixed with BE: BE0417906385 for Varel Security, if the company is VAT-registered. Its company number (CBE) is 0417.906.385.
Where is the registered office of Varel Security?
According to the CBE register, the registered office of Varel Security is in 3511 Hasselt.
What is the equity of Varel Security?
At the close of the 2025 financial year, the equity of Varel Security amounts to 97,166 €, a solvency of 0.7% of total assets.
How many people work at Varel Security?
82.2 full-time equivalents on average according to the 2025 social balance sheet.
Who manages Varel Security?
The register lists 2 active mandates at Varel Security. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of Varel Security
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
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