VICTORY
0420.383.350 · rovalta.com · 23/09/2026
ACTIVE
VICTORY
Financial year 2025 · closed on 31/12/2025
Net result
60,8 k €
+227.1% YoY
Gross margin
506,9 k €
+16.1% YoY
Equity
139,4 k €
+77.5% YoY
Workforce
10,4 ETP
-18.8% YoY
Overview
What does VICTORY do?
VICTORY is a Private limited company incorporated in 1980. Its registered office is in Blankenberge. It employs on average 10,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0420.383.350
Incorporation
29/04/1980
Legal form
Private limited company
Registered office
Franchommelaan 60
8370 Blankenberge · FlandreSee on map
8370 Blankenberge · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2025
Average workforce
10,4 ETP
Joint committees (1)
- 302
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 506,9 k € | +16.1% | 436,5 k € | +11.2% | 392,6 k € | +9.1% | 360 k € | -5.5% | 380,8 k € | +12.9% | 337,3 k € | -22.9% | 437,4 k € | +41.1% | 309,9 k € | +12.5% | 275,5 k € | -15.9% | 327,5 k € | +7.0% | 306,1 k € | +18.0% | 259,4 k € | +30.3% | 199 k € | -18.2% | 243,4 k € | +25.7% | 193,6 k € | +22.8% | 157,7 k € | -7.1% | 169,7 k € | -11.0% | 190,6 k € | -21.4% | 242,4 k € | +9.1% | 222,1 k € |
| EBITDA | 149,7 k € | +364% | 32,3 k € | -62.7% | 86,6 k € | +38.6% | 62,5 k € | -51.9% | 129,8 k € | -23.3% | 169,1 k € | -1.2% | 171,1 k € | +128% | 75,2 k € | +71.7% | 43,8 k € | -52.6% | 92,4 k € | -26.1% | 125,1 k € | +129% | 54,5 k € | -11.1% | 61,3 k € | -24.7% | 81,5 k € | +18.5% | 68,7 k € | +9.1% | 63 k € | -2.5% | 64,6 k € | -9.5% | 71,4 k € | -12.7% | 81,8 k € | +28.8% | 63,5 k € |
| Operating result | 85,3 k € | +340% | -35,6 k € | -588% | 7,3 k € | +161% | -11,9 k € | -122% | 53,6 k € | -34.3% | 81,7 k € | -7.1% | 87,9 k € | +144% | 36 k € | +3852% | 910,6 € | -98.1% | 49,1 k € | -31.0% | 71,1 k € | +1629% | 4,1 k € | +170% | 1,5 k € | -91.7% | 18,4 k € | +28.3% | 14,4 k € | +60.8% | 8,9 k € | -23.5% | 11,7 k € | -41.0% | 19,8 k € | -0.8% | 20 k € | +591% | -4,1 k € |
| Net result | 60,8 k € | +227% | -47,9 k € | -724% | -5,8 k € | +77.7% | -26 k € | -205% | 24,7 k € | -49.2% | 48,7 k € | -20.9% | 61,6 k € | +281% | 16,1 k € | +247% | -11 k € | -139% | 28,1 k € | -35.0% | 43,3 k € | +403% | -14,3 k € | +32.1% | -21,1 k € | -676% | 3,7 k € | +168% | -5,3 k € | +61.3% | -13,8 k € | +43.0% | -24,2 k € | -4458% | 555 € | -79.1% | 2,7 k € | +112% | -23 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 139,4 k € | +77.5% | 78,5 k € | -37.9% | 126,4 k € | -4.4% | 132,2 k € | -16.4% | 158,3 k € | +18.5% | 133,5 k € | +57.4% | 84,8 k € | +265% | 23,3 k € | +227% | 7,1 k € | -60.7% | 18,1 k € | +281% | -10 k € | +79.3% | -48,3 k € | -42.1% | -34 k € | -163% | -12,9 k € | +22.1% | -16,6 k € | -47.6% | -11,2 k € | -540% | 2,6 k € | -90.5% | 26,7 k € | +2.1% | 26,2 k € | -37.3% | 41,8 k € |
| Total assets | 541 k € | -4.2% | 564,5 k € | +5.5% | 535 k € | -8.8% | 586,5 k € | -7.5% | 633,7 k € | +5.6% | 600,3 k € | -12.7% | 687,6 k € | -6.4% | 734,8 k € | +203% | 242,3 k € | -6.1% | 258 k € | +1.6% | 253,9 k € | +16.3% | 218,4 k € | -14.7% | 256 k € | -20.6% | 322,3 k € | +13.0% | 285,1 k € | +5.6% | 270,1 k € | -10.5% | 301,8 k € | +1.8% | 296,4 k € | +10.2% | 268,9 k € | -20.2% | 337,1 k € |
| Cash | 34,1 k € | +383% | 7,1 k € | -65.0% | 20,2 k € | -66.3% | 60 k € | -37.4% | 95,9 k € | +181% | 34,2 k € | +31.8% | 25,9 k € | -45.1% | 47,2 k € | +131% | 20,4 k € | -18.8% | 25,1 k € | +23.0% | 20,4 k € | +24.5% | 16,4 k € | +111% | 7,8 k € | +423% | 1,5 k € | -30.2% | 2,1 k € | -84.9% | 14 k € | +19.6% | 11,7 k € | +42.6% | 8,2 k € | -44.7% | 14,9 k € | -3.5% | 15,4 k € |
| Debts | 401,6 k € | -17.4% | 486 k € | +19.0% | 408,6 k € | -10.1% | 454,2 k € | -4.5% | 475,5 k € | +1.9% | 466,7 k € | -22.6% | 602,8 k € | -15.3% | 711,6 k € | +203% | 235,1 k € | -1.9% | 239,7 k € | -9.2% | 264 k € | -1.0% | 266,7 k € | -8.0% | 290 k € | -13.5% | 335,2 k € | +11.2% | 301,4 k € | +7.1% | 281,3 k € | -6.0% | 299,2 k € | +12.4% | 266,2 k € | +10.5% | 240,9 k € | -18.4% | 295,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 10,4 ETP | -18.8% | 12,8 ETP | +29.3% | 9,9 ETP | 0.0% | 9,9 ETP | -13.9% | 11,5 ETP | +16.2% | 9,9 ETP | – | – | – | – | 7,3 ETP | -1.4% | 7,4 ETP | +27.6% | 5,8 ETP | -21.6% | 7,4 ETP | +13.8% | 6,5 ETP | +14.0% | 5,7 ETP | -16.2% | 6,8 ETP | -9.3% | 7,5 ETP | -6.3% | 8,0 ETP | -33.3% | 12,0 ETP | |||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
Julie Vandenaudenaerde
ActiveQuentin Walckiers
ActiveEnded mandates
Julie Vanaudenaerde
EndedQuentin Walckiers
EndedJulie Vanaudenaerde
EndedPatrick Walckiers
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
A.B.C. ASSOCIATION BUREAU CONSEIL● Bankrupt | 0436.297.684 |
D.L.V. INTERIEUR● Active | 0462.165.903 |
| 0828.876.777 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/05/2026 | 25/09/2025 | 04/10/2024 | 05/10/2023 | 07/02/2023 | 31/08/2021 |
| General meeting | 20/05/2026 | 31/08/2025 | 31/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/05/2026 | 26/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 31/08/2025 | 25/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 31/08/2024 | 04/10/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/08/2023 | 05/10/2023 | Dutch | |
| Abridged model | 31/12/2021 | 31/08/2022 | 07/02/2023 | Dutch | |
| Abridged model | 31/12/2020 | 31/08/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 31/10/2020 | 30/11/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/07/2019 | 15/10/2019 | Dutch | |
| Micro model | 31/12/2017 | 31/07/2018 | 29/10/2018 | Dutch | |
| Micro model | 31/12/2016 | 31/07/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/07/2016 | 23/09/2016 | Dutch | |
| Abridged model | 31/12/2014 | 14/05/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 29/09/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 23/11/2013 | 23/11/2013 | Dutch | |
| Abridged model | 31/12/2011 | 12/05/2012 | 26/12/2012 | Dutch | |
| Abridged model | 31/12/2010 | 24/11/2011 | 16/12/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/11/2010 | 30/11/2010 | Dutch | |
| Abridged model | 31/12/2008 | 14/05/2009 | 02/10/2009 | Dutch | |
| Abridged model | 31/12/2007 | 08/05/2008 | 17/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 10/05/2007 | 31/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
Julie Vandenaudenaerde
ActiveQuentin Walckiers
ActiveEnded mandates
Julie Vanaudenaerde
EndedQuentin Walckiers
EndedJulie Vanaudenaerde
EndedPatrick Walckiers
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202560,8 k €↑
- 2024Annual accounts 2024-47,9 k €↓
- 2023Annual accounts 2023-5,8 k €↑
- 2022Annual accounts 2022-26 k €↓
- 2021Annual accounts 202124,7 k €↓
- 2020Annual accounts 202048,7 k €↓
- 2019Annual accounts 201961,6 k €↑
- 2018Annual accounts 201816,1 k €↑
- 2017Annual accounts 2017-11 k €↓
- 2016Annual accounts 201628,1 k €↓
- 2015Annual accounts 201543,3 k €↑
- 2014Annual accounts 2014-14,3 k €↑
- 2013Annual accounts 2013-21,1 k €↓
- 2012Annual accounts 20123,7 k €↑
- 2011Annual accounts 2011-5,3 k €↑
- 2010Annual accounts 2010-13,8 k €↑
- 2009Annual accounts 2009-24,2 k €↓
- 2008Annual accounts 2008555 €↓
- 2007Annual accounts 20072,7 k €↑
- 2006Annual accounts 2006-23 k €
- 29/04/1980IncorporationPrivate limited company