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 3 of the last 4 fiscal years.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
VICTORY-MED from Hasselt, company number BE0447300850, closed financial year 2024 with a result of € -18,159 after tax. For that financial year VICTORY-MED recorded a gross margin of € -16,651 and equity of € -616,499. Compared with financial year 2023, the result moved from € 46,776 to € -18,159. 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 August 28, 2025.
€ -616,499
▼ € 18,159 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,159
▼ still € 46,776 profit in 2023
Profit after tax over the fiscal year.
€ 1,135
▲ 39% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -677,999.
Debts at end 2024
€ 1.3 million
▲ 3% vs 2023
Loans from banks and other lenders, long and short.
€ 328,783
▼ 5% vs 2023
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.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -5,238 | € -83,479 | € -28,570 | € -16,651 | ▲ € 11,919 |
| Profit after taxes | € -10,082 | € -687,031 | € 46,776 | € -18,159 | ▼ € 64,935 |
| Equity | € 41,917 | € -645,115 | € -598,339 | € -616,499 | ▼ € 18,159 |
| Total debts | € 1,763,619 | € 2,201,472 | € 2,144,611 | € 2,164,210 | ▲ 1% |
| Cash | € 179 | € 748 | € 819 | € 1,135 | ▲ 39% |
| Retained profit | € -19,583 | € -706,615 | € -659,839 | € -677,999 | ▼ € 18,159 |
| Bank debt | € 1,263,392 | € 1,339,485 | € 1,289,692 | € 1,326,329 | ▲ 3% |
| Balance sheet total | € 1,805,536 | € 1,556,357 | € 1,546,271 | € 1,547,711 |
Key figures of VICTORY-MED, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 18,159 (▼ € 64,935 vs 2023). 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 € 10,082 loss in 2021 to € 18,159 loss in 2024.
Paid € 507,593 in corporate taxes since 2021.
Best year ever: 2023, with € 46,776 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VICTORY-MED is Theodor Josef Beisch.
Directors
According to the 2024 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
€ 218,927 gross margin · 2024
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
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