Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
VICTORIA COMPANY from Ukkel, company number BE0541862982, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year VICTORIA COMPANY recorded revenue of € 13.4 million and equity of € 20.7 million. Compared with financial year 2024, the result moved from € -15.8 million to € 3.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 20.7 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▲ still € 15.8 million loss in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20.6 million.
People and assets in 2025
11.7
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 981,127
▼ 10% vs 2024
€ 83,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,418
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6 million
▼ 50% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5.4 million
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 151 days on average.
€ 252,059
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,696,551 | € 14,778,677 | € 12,853,598 | € 13,388,918 | ▲ 4% |
| Profit after taxes | € 250,415 | € 201,883 | € -15,797,729 | € 3,460,691 | ▲ € 19.3 million |
| Equity | € 37,336,590 | € 33,038,473 | € 17,240,744 | € 20,701,544 | ▲ 20% |
| Total debts | € 18,070,057 | € 15,941,969 | € 15,178,951 | € 13,192,523 | ▼ 13% |
| Cash | € 7,194,751 | € 4,419,583 | € 1,453,769 | € 1,588,515 | ▲ 9% |
| Retained profit | € 37,275,090 | € 32,976,973 | € 17,179,244 | € 20,640,044 | ▲ 20% |
| Dividend | € 0 | € 4,500,000 | € 0 | € 0 | |
| Bank debt | € 15,101,124 | € 13,086,754 | € 12,059,684 | € 6,021,173 | ▼ 50% |
| Balance sheet total | € 55,406,647 | € 48,980,442 | € 32,419,695 | € 33,894,067 | ▲ 5% |
| Employees (FTE) | 12.1 | 11.6 | 12.1 | 11.7 | ▼ 0.4 |
Key figures of VICTORIA COMPANY, 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 VICTORIA COMPANY?
What happened at VICTORIA COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.5 million. Source: NBB ↗
- Bernard RICHELLE stepped down as director. NBB
- Cédric OLBRECHTS stepped down as director. NBB
- POLARIS CONSULTING S. Etr. stepped down as director. NBB
- Joris VAN TROOS stepped down as director. NBB
- SOCIETE DE CONSEIL EN DISTRIBUTION TEXTILE SA stepped down as director. NBB
- YLAUCO SRL became a director. NBB
- POLARIS CONSULTING S. Etr. became a director. NBB
In short
From € 250,415 profit in 2022 to € 3.5 million profit in 2025.
Paid € 194,200 in corporate taxes since 2022.
Best year ever: 2025, with € 3.5 million profit.
Paid out € 4.5 million in dividends to the owners in total.
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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
The stake of VICTORIA BENELUX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VICTORIA COMPANYBehind VICTORIA COMPANY is YLAUCO SRL. The shares are held by Vendis Capital SA (69.6%) and VICTORIA BENELUX (2%). It owns 100% of VICTORIA DEUTSCHLAND GmbH, 100% of JPMF and 100% of VICTORIA BENELUX itself.
Directors
According to the 2025 annual accounts
Personne déléguée à la gestion journalière · represented by Yves PETERS
Also active at: VICTORIA BENELUX, Dare 2 Build, REDEBEL REGULATORY AFFAIRS, NEWREG
since 2024
Bernard RICHELLE
Director
Also active at: VICTORIA BENELUX, NOUVELLE HOTELLERIE, PAQUEBOT, INNOVATIVE TOOLS COMPANY, BAPBER, AGRO GEMBLOUX INVEST, SME ADVICE, EvaZion
since 2019 · until 2026
since 2019 · until 2026
since 2023 · until 2026
Joris VAN TROOS
Director
Also active at: VICTORIA BENELUX, CAPITAL INVESTMENT PARTNERS HOLDING, FURNITURE OFFICES, SANITARY OFFICES, WDPort of Ghent Big Box, BELIVING
since 2020 · until 2026
SOCIETE DE CONSEIL EN DISTRIBUTION TEXTILE SA
Director · represented by Richard MAURICE
since 2020 · until 2026
Shareholders
69.6%
Participations
Establishments
Establishment units
Physical locations of this company
Verrewinkelstraat 93
1180 Ukkel
Avenue des Artisans(GHI) 35
7822 Ath
Active since 1 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0541.862.982
- VAT number
- BE 0541.862.982
- Registered office
- Verrewinkelstraat 93, 1180 Ukkel
- Names & denominations
- VICTORIA COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2013
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Detailhandel in uurwerken en sieraden
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Holdings