Varo Energy Belgium SA
10.6 FTEVaro Energy Belgium reported revenue of €1.54bn for the 2025 financial year (annual accounts filed with the NBB on 03 Aug 2026), with 10.6 full-time equivalents.
By total assets for 2025, Varo Energy Belgium ranks among the 10 largest of the 428 companies in its sector (NACE 4681) in Belgium that filed accounts for that financial year. Largest companies in the sector →
The score of Varo Energy Belgium 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: Revenue -30 % Total assets -27 % Headcount (avg FTE) -14 %
Accounts of the company itself (not consolidated).
The full file covers 8 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Varo Energy Belgium's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €1.54bn | ||||
| Net result | −731,314 € | ||||
| Equity | −€8.50m | ||||
| Cash | 0 € | ||||
| EBITDA | 247,788 € | ||||
| Total assets | €252.9m |
Filed annual accounts
- Year ended 31 Dec 2025filed on 03 Aug 2026
- Year ended 31 Dec 2024filed on 31 Jul 2025
- Year ended 31 Dec 2023filed on 31 Jul 2024
- Year ended 31 Dec 2022filed on 18 Jul 2023
- Year ended 31 Dec 2021filed on 19 Jul 2022
Varo Energy Belgium's financial analysis
- Solvency-3.4%sector median: 51.1%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Varo Energy Belgium
Varo Energy Belgium's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0832.275.836
- VAT number
- BE0832275836
- Peppol
- Registered · 0208:0832275836 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 28 Dec 2010
- Registered office
- 9000 Ghent
- Size
- Small · 10.6 FTE
- Latest accounts
- 2025 · filed on 03 Aug 2026
- Activity
- Wholesale of solid, liquid and gaseous fuels and related products (NACE 46810)
Varo Energy Belgium (SA) has been based in Ghent since 2010, active in: wholesale of solid, liquid and gaseous fuels and related products. For 2025, it reports revenue of €1.54bn, a net loss of 731,314 € and equity of −€8.50m. With 10.6 full-time equivalents, it is a small enterprise by headcount. Its solvency stands at -3.4%, below the median of its sector (51.1%).
Guide: Reading Belgian SME accounts: the five figures that count →
Companies similar to Varo Energy Belgium
Companies in the same business, of comparable size and area, outside its group.
- Chevron Belgium Manufacture of refined petroleum products and fossil fuel products Ghent · balance sheet €330.0m
- Wolf Oil Corporation Manufacture of refined petroleum products and fossil fuel products Hemiksem · balance sheet €147.6m
- Horizon Energy Freight transport by road Antwerp · balance sheet €26.7m
- Maes Retail Wholesale of solid, liquid and gaseous fuels and related products Bornem · balance sheet €351.4m
- EG Retail (Belgium) Wholesale of solid, liquid and gaseous fuels and related products Antwerp · balance sheet €582.1m
- Van Raak Trading Wholesale of solid, liquid and gaseous fuels and related products Ravels · balance sheet €91.7m
- Circle K Belgium Wholesale of solid, liquid and gaseous fuels and related products Auderghem · balance sheet €363.7m
- Belgomine Wholesale of solid, liquid and gaseous fuels and related products Temse · balance sheet €159.8m
Frequently asked questions about Varo Energy Belgium
What is the revenue of Varo Energy Belgium?
According to the 2025 annual accounts filed with the NBB, the revenue of Varo Energy Belgium amounts to 1,539,695,420 €.
What is the VAT number of Varo Energy Belgium?
In Belgium, the VAT number is the company number prefixed with BE: BE0832275836 for Varo Energy Belgium, if the company is VAT-registered. Its company number (CBE) is 0832.275.836.
Where is the registered office of Varo Energy Belgium?
According to the CBE register, the registered office of Varo Energy Belgium is in 9000 Ghent.
What is the equity of Varo Energy Belgium?
At the close of the 2025 financial year, the equity of Varo Energy Belgium amounts to -8,503,239 €, a solvency of -3.4% of total assets.
How many people work at Varo Energy Belgium?
10.6 full-time equivalents on average according to the 2025 social balance sheet.
Who manages Varo Energy Belgium?
The register lists 3 active mandates at Varo Energy Belgium. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
How large is Varo Energy Belgium within its sector?
By total assets for 2025, Varo Energy Belgium ranks among the 10 largest of the 428 companies in its sector (NACE 4681) in Belgium that filed accounts for that financial year.
The full file of Varo Energy Belgium
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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