Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VICTORY-MED from Hasselt, company number BE0447300850, closed financial year 2025 with a result of € -1.6 million after tax. For that financial year VICTORY-MED recorded a gross margin of € -119,161 and equity of € -2.2 million. Compared with financial year 2024, the result moved from € -18,159 to € -1.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -2.2 million
▼ € 1.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 8480 % more loss than in 2024
Profit after tax over the fiscal year.
€ 37
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.2 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 1.2 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 439,638
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 507,593
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -83,479 | € -28,570 | € -16,651 | € -119,161 | ▼ € 102,510 |
| Profit after taxes | € -687,031 | € 46,776 | € -18,159 | € -1,558,076 | ▼ € 1.5 million |
| Equity | € -645,115 | € -598,339 | € -616,499 | € -2,174,574 | ▼ € 1.6 million |
| Total debts | € 2,201,472 | € 2,144,611 | € 2,164,210 | € 2,183,673 | ▲ 1% |
| Cash | € 748 | € 819 | € 1,135 | € 37 | ▼ 97% |
| Retained profit | € -706,615 | € -659,839 | € -677,999 | € -2,236,074 | ▼ € 1.6 million |
| Bank debt | € 1,339,485 | € 1,289,692 | € 1,326,329 | € 1,236,442 | ▼ 7% |
| Balance sheet total | € 1,556,357 | € 1,546,271 | € 1,547,711 | € 9,099 | ▼ 99% |
Key figures of VICTORY-MED, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VICTORY-MED?
What happened at VICTORY-MED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.6 million. filed late Source: NBB ↗
- Theodor Josef Beisch became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 687,032 loss in 2022 to € 1.6 million loss in 2025.
Paid € 507,593 in corporate taxes since 2022.
Best year ever: 2023, with € 46,776 profit.
Management
Behind VICTORY-MED is Theodor Josef Beisch.
Directors
According to the 2025 annual accounts
Theodor Josef Beisch
Managing director
since 2019
Establishments
Establishment units
Physical locations of this company
Ilgatlaan 9
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Gevavi
€ 1 million gross margin · 2025
HBJ - TECHNICS
€ -2,906 gross margin · 2025
BITZER BENELUX
€ 237,434 gross margin · 2025
THE NETWORK HOLDING
€ -19,303 gross margin · 2025
Joyn International
€ -29,699 gross margin · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.300.850
- VAT number
- BE 0447.300.850
- Registered office
- Ilgatlaan 9, 3500 Hasselt
- Names & denominations
- VICTORY-MED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1992
- Peppol
- Active · Active since 2 Apr 2026
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis