Victories
ActiveThe computed 12-month bankruptcy probability of Victories is 1.6% (moderate). The 2025 annual accounts show negative equity (€-126k) and a net result of €-26k. Equity is shrinking by ~50.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 7740 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
21
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.05 in 2024; short-term debt: 337.5% and cash: 0.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-237.5%
Return on assets
-49.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-126k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
23 d early
2024
7 d early
2023
21 d early
2022
12 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-126k▼ 26.3%
2024 · €-100k
2022: €-14k
2023: €-57k
2024: €-100k
2022 → 2025
Total assets
€53k▼ 15.1%
2024 · €63k
2022: €61k
2023: €69k
2024: €63k
2022 → 2025
Net result
€-26k▲ 38.2%
2024 · €-43k
2022: €-19k
2023: €-43k
2024: €-43k
2022 → 2025
Working capital
€-176k▼ 13.6%
2024 · €-155k
2022: €-69k
2023: €-116k
2024: €-155k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-14k-€-57k▼ 300%€-100k▼ 74.1%€-126k▼ 26.3%
Operating result€-19k-€-42k▼ 124%€-41k▲ 0.7%€-25k▲ 38.8%
Net result€-19k-€-43k▼ 123%€-43k▲ 1.2%€-26k▲ 38.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €41k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€49k▼ 9.5%
Current assets
€4k▼ 53.9%
Key figures and ratios
EBITDA
€-20k▲
2024 · €-36k
Cash flow
€-21k▲
2024 · €-37k
Solvency
-237.5%▼
2024 · -159.6%
Current ratio
0.02▼
2024 · 0.05
Quick ratio
0.02▼
2024 · 0.05
Debt / equity
-1.42▲
2024 · -1.63
ROA
-49.4%▲
2024 · -67.9%
Interest coverage
-25.71▲
2024 · -35.61
Debt
€179k▲
2024 · €163k
Debt ≤ 1 year
€179k▲
2024 · €163k
Income taxes
€177▼
2024 · €178
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€63k€53k▼
Fixed assets21/28€55k€49k▼
Tangible fixed assets22/27€55k€49k▼
Land and buildings22€52k€47k▼
Plant, machinery and equipment23€513€332▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€8k€4k▼
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€197€2k▲
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€324€184▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€63k€53k▼
Equity10/15€-100k€-126k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-105k€-131k▼
Amounts payable17/49€163k€179k▲
Amounts payable within one year42/48€163k€179k▲
Trade debts44€239€376▲
Suppliers440/4€239€376▲
Taxes, remuneration and social security45€368€2k▲
Taxes450/3€368€720▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€162k€177k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€776€799▲
Gross operating margin9900€-35k€-19k▲
Operating profit (loss)9901€-41k€-25k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€783▼
Recurring financial charges65€1k€783▼
Profit (loss) for the period before taxes9903€-42k€-26k▲
Income taxes67/77€178€177▼
Profit (loss) for the period9904€-43k€-26k▲
Profit (loss) for the period to be appropriated9905€-43k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-131k▼
Profit (loss) brought forward from the previous period14P€-62k€-105k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heikant 169240 ZeleGround area
992 m²
Building footprint
128 m²
Volume, LiDAR
830 m³
Parcel 42403D0879/00W003, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Victories
since 20222.332.477.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403D0879/00W003 | Flanders | 992 m² | 1 · 128 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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BE 1019.943.419
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 24,503 companies in sector 82990 we hold annual accounts for 9,402.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2022
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.