VICTORY
Dissolution or liquidationSummary
The KBO register records for VICTORY the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (€-1.18M) and a net result of €-15k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5547 sector peers (2025).
NBB · sector comparisonPosition among 5547 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
77 d late
2023
442 d late
2022
808 d late
2022
146 d late
2021
24 d early
2020
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-1.18M▼ 1.3%
2024 · €-1.16M
2018: €355k
2019: €355k▲ +0.1% vs 2018highest value
2020: €332k▼ -6.4% vs 2019
2021: €227k▼ -31.8% vs 2020
2022: €-1.02M▼ -552% vs 2021
2022: €-1.02M
2023: €-1.15M▼ -12.1% vs 2022
2024: €-1.16M▼ -1.2% vs 2023
2025: €-1.18M▼ -1.3% vs 2024lowest value
2018 → 2025
Net result
€-15k▼ 11.1%
2024 · €-13k
2018: €-131k
2019: €481▲ +100% vs 2018highest value
2020: €-23k▼ -4824% vs 2019
2021: €-106k▼ -366% vs 2020
2022: €-1.50M▼ -1319% vs 2021lowest value
2022: €0
2023: €-124k
2024: €-13k▲ +89.2% vs 2023
2025: €-15k▼ -11.1% vs 2024
2018 → 2025
Total assets
€9k▲ 3.9%
2024 · €9k
2018: €2.94M
2019: €2.87M▼ -2.3% vs 2018
2020: €2.97M▲ +3.4% vs 2019highest value
2021: €2.91M▼ -1.9% vs 2020
2022: €1.47M▼ -49.5% vs 2021
2022: €1.47M
2023: €34k▼ -97.7% vs 2022
2024: €9k▼ -74.7% vs 2023lowest value
2025: €9k▲ +3.9% vs 2024
2018 → 2025
Solvency
-13233.4%▲ 343.3pp
2024 · -13576.6%
2018: 12.1%
2019: 12.4%▲ +2.5% vs 2018highest value
2020: 11.2%▼ -9.5% vs 2019
2021: 7.8%▼ -30.5% vs 2020
2022: -69.7%▼ -995% vs 2021
2022: -69.7%
2023: -3392.8%▼ -4767% vs 2022
2024: -13576.6%▼ -300% vs 2023lowest value
2025: -13233.4%▲ +2.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222022202320242025Trend
Equity€-1.02M-€-1.02M=€-1.15M▼ 12.1%€-1.16M▼ 1.2%€-1.18M▼ 1.3%
2022: €-1.02Mhighest value
2022: €-1.02Mhighest value
2023: €-1.15M▼ -12.1% vs 2022
2024: €-1.16M▼ -1.2% vs 2023
2025: €-1.18M▼ -1.3% vs 2024lowest value
Operating result€-206k-€0€-101k€-1k▲ 98.5%€-5k▼ 240%
2022: €-206klowest value
2022: €0highest value
2023: €-101k
2024: €-1k▲ +98.5% vs 2023
2025: €-5k▼ -240% vs 2024
Net result€-1.50M-€0€-124k€-13k▲ 89.2%€-15k▼ 11.1%
2022: €-1.50Mlowest value
2022: €0highest value
2023: €-124k
2024: €-13k▲ +89.2% vs 2023
2025: €-15k▼ -11.1% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Key figures and ratios
ROA
-167.0%▼
2024 · -156.2%
Debt
€1.18M▲
2024 · €1.17M
Debt ≤ 1 year
€445k▲
2024 · €407k
Debt > 1 year
€703k▼
2024 · €736k
A ratio outside any meaningful range has been withheld (balance sheet total €9k, equity €-1.18M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9k€9k▲
Current assets29/58€9k€9k▲
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€8k€8k=
Other amounts receivable41-€334
Cash at bank and in hand54/58€280€280=
Equity and liabilities
Total equity and liabilities10/49€9k€9k▲
Equity10/15€-1.16M€-1.18M▼
Contributions10/11€263k€263k=
Reserves13€214k€214k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€212k€212k=
Profit (loss) carried forward14€-1.64M€-1.65M▼
Amounts payable17/49€1.17M€1.18M▲
Amounts payable after more than one year17€736k€703k▼
Financial debts170/4€736k€703k▼
Amounts payable within one year42/48€407k€445k▲
Current portion of amounts payable after more than one year42€272k€305k▲
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€43k€47k▲
Taxes450/3€43k€47k▲
Other amounts payable47/48€88k€88k=
Accrued charges and deferred income492/3€27k€37k▲
Income statement
Code20242025
Other operating charges640/8€0€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-1k€-2k▼
Operating profit (loss)9901€-1k€-5k▼
Financial charges65/66B€12k€10k▼
Recurring financial charges65€12k€10k▼
Profit (loss) for the period before taxes9903€-13k€-15k▼
Profit (loss) for the period9904€-13k€-15k▼
Profit (loss) for the period to be appropriated9905€-13k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.64M€-1.65M▼
Profit (loss) brought forward from the previous period14P€-1.62M€-1.64M▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89k | €0 | - | - | - | - |
| Other operating charges640/8 | €9k | €0 | €3k | €0 | €3k | - |
| Non-recurring operating charges66A | €67k | €0 | €85k | €0 | - | - |
| Gross operating margin9900 | €-38k | €0 | €-12k | €-1k | €-2k | ▼ 8.7% |
| Operating profit (loss)9901 | €-206k | €0 | €-101k | €-1k | €-5k | ▼ 240% |
| Financial income75/76B | €290 | €0 | - | - | - | - |
| Recurring financial income75 | €290 | €0 | - | - | - | - |
| Financial charges65/66B | €1.29M | €0 | €23k | €12k | €10k | ▼ 17.0% |
| Recurring financial charges65 | €36k | €0 | €23k | €12k | €10k | ▼ 17.0% |
| Non-recurring financial charges66B | €1.26M | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-1.50M | €0 | €-124k | €-13k | €-15k | ▼ 11.1% |
| Income taxes67/77 | €1k | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €-1.50M | €0 | €-124k | €-13k | €-15k | ▼ 11.1% |
| Profit (loss) for the period to be appropriated9905 | €-1.50M | €0 | €-124k | €-13k | €-15k | ▼ 11.1% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.47M | €1.47M | €34k | €9k | €9k | ▲ 3.9% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €1.41M | €1.41M | €0 | - | - | - |
| Tangible fixed assets22/27 | €1.41M | €1.41M | €0 | - | - | - |
| Land and buildings22 | €1.40M | €1.40M | €0 | - | - | - |
| Plant, machinery and equipment23 | €5k | €5k | €0 | - | - | - |
| Furniture and vehicles24 | €5k | €5k | €0 | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €57k | €57k | €34k | €9k | €9k | ▲ 3.9% |
| Amounts receivable within one year40/41 | €54k | €54k | €10k | €8k | €9k | ▲ 4.0% |
| Trade receivables40 | €9k | €9k | €10k | €8k | €8k | = |
| Other amounts receivable41 | €45k | €45k | €0 | - | €334 | - |
| Cash at bank and in hand54/58 | €3k | €3k | €23k | €280 | €280 | = |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.47M | €1.47M | €34k | €9k | €9k | ▲ 3.9% |
| Equity10/15 | €-1.02M | €-1.02M | €-1.15M | €-1.16M | €-1.18M | ▼ 1.3% |
| Contributions10/11 | €263k | €263k | €263k | €263k | €263k | = |
| Reserves13 | €214k | €214k | €214k | €214k | €214k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €212k | €212k | €212k | €212k | €212k | = |
| Profit (loss) carried forward14 | €-1.50M | €-1.50M | €-1.62M | €-1.64M | €-1.65M | ▼ 0.9% |
| Amounts payable17/49 | €2.49M | €2.49M | €1.18M | €1.17M | €1.18M | ▲ 1.3% |
| Amounts payable after more than one year17 | €2.14M | €2.14M | €769k | €736k | €703k | ▼ 4.5% |
| Financial debts170/4 | €2.14M | €2.14M | €769k | €736k | €703k | ▼ 4.5% |
| Amounts payable within one year42/48 | €353k | €354k | €395k | €407k | €445k | ▲ 9.5% |
| Current portion of amounts payable after more than one year42 | €193k | €194k | €238k | €272k | €305k | ▲ 12.3% |
| Financial debts43 | - | - | €2k | €2k | €2k | = |
| Credit institutions430/8 | - | - | €2k | €2k | €2k | = |
| Trade debts44 | €0 | - | €104 | €2k | €4k | ▲ 103% |
| Suppliers440/4 | €0 | - | €104 | €2k | €4k | ▲ 103% |
| Advances received on contracts in progress46 | - | - | €23k | €0 | - | - |
| Taxes, remuneration and social security45 | €112k | €112k | €44k | €43k | €47k | ▲ 7.8% |
| Taxes450/3 | €30k | €30k | €44k | €43k | €47k | ▲ 7.8% |
| Remuneration and social security454/9 | €82k | €82k | €0 | - | - | - |
| Other amounts payable47/48 | €48k | €48k | €88k | €88k | €88k | = |
| Accrued charges and deferred income492/3 | - | - | €17k | €27k | €37k | ▲ 37.0% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.50M | €0 | €-124k | €-13k | €-15k | ▼ 11.1% |
| + Depreciation and write-downs630 | €89k | €0 | - | - | - | - |
| Operating cash flow (approximation) | €-1.41M | €0 | €-124k | €-13k | €-15k | ▼ 11.1% |
| Investment in fixed assets (approximation) | - | - | €1.41M | - | - | - |
| Change in cash | - | - | €20k | €-23k | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 77 days late
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 442 days late
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 808 days late
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 146 days late
2022
28-12
Financial
Weakest financial yearnet €-1.50M
Net result drops to €-1.50M, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €481
Net result €481 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Genk · 1 establishment unit since 2011
Ground area
5,919 m²
Building footprint
2,391 m²
Volume, LiDAR
715 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Victory
since 20112.196.750.189
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71308A0818/00M288 | Flanders | 5,674 m² | 1 · 2,271 m² | 1.1 m |
| 23071A0078/00B025 | Flanders | 245 m² | 1 · 120 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 13,559 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.