Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Victoria Co-working Opco from Gent, company number BE0766460742, closed financial year 2024 with a result of € -1.9 million after tax. For that financial year Victoria Co-working Opco recorded a gross margin of € -561,790 and equity of € 533,225. Compared with financial year 2023, the result moved from € -850,900 to € -1.9 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 533,225
▲ € 1.4 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▼ 120 % more loss than in 2023
Profit after tax over the fiscal year.
€ 277,699
▲ 107% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.7 million.
People and assets in 2024
7.3
▲ 3.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 478,806
▲ 64% vs 2023
€ 65,600 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.
€ 425,223
▼ 19% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 75,114
▼ 97% vs 2023
Loans from banks and other lenders, long and short.
€ 2 million
▲ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 91,783
▲ 75% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -14,879 | € -315,778 | € -561,790 | ▼ € 246,012 |
| Profit after taxes | € -17,491 | € -850,900 | € -1,873,384 | ▼ € 1 million |
| Equity | € 7,509 | € -843,391 | € 533,225 | ▲ € 1.4 million |
| Total debts | € 42,586 | € 4,289,455 | € 2,824,133 | ▼ 34% |
| Cash | € 34,743 | € 133,930 | € 277,699 | ▲ 107% |
| Retained profit | € -17,491 | € -868,391 | € -2,741,775 | ▼ € 1.9 million |
| Bank debt | € 30,111 | € 2,972,503 | € 75,114 | ▼ 97% |
| Balance sheet total | € 50,095 | € 3,446,064 | € 3,357,358 | ▼ 3% |
| Employees (FTE) | - | 3.9 | 7.3 | ▲ 3.4 |
Key figures of Victoria Co-working Opco, fiscal years 2022 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 Victoria Co-working Opco?
What happened at Victoria Co-working Opco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BALTISSE REAL ESTATE NV stepped down as director. NBB
- Filiep BALCAEN stepped down as director. NBB
- ASSETS INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 1.9 million. Source: NBB ↗
- SPECIM€N BV stepped down as director. NBB
- Simon BALCAEN stepped down as director. NBB
- SPECIM€N BV became a director. NBB
- GREEN MILL BV stepped down as director. NBB
In short
From € 17,491 loss in 2022 to € 1.9 million loss in 2024.
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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 Regina Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Victoria Co-working OpcoThe shares are held by Victoria Regina Holding (100%).
Directors
According to the 2024 annual accounts
Director · represented by Cindy SPELEERS
Also active at: VICTORIA REGINA, Victoria Regina Holding, Victoria Hotel Opco
since 2024 · until 2024
Director · represented by Marc JANSSENS
Also active at: BOEVERIE, XIOR Namen, VICTORIA REGINA, Well One, Victoria Regina Holding, ARDENO, PELICAN, Victoria Hotel Opco +10 more
since 2021 · until 2030
Director · represented by Jan DE KUYPER
Also active at: Downtown Real Estate, VICTORIA REGINA, Victoria Regina Holding, Victoria Hotel Opco, Le Corumont, Downtown Development, RAC TIENEN, CNTR Holding +7 more
since 2021 · until 2024
Simon BALCAEN
Director
Also active at: VICTORIA REGINA, Well One, Victoria Regina Holding, Victoria Hotel Opco, SPEEDWELL, COSY, Baltisse Real Estate, BALTISSE
since 2024 · until 2024
Filiep BALCAEN
Director
Also active at: Huis te Lande, ARGIBEL, BUILDING, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE +22 more
since 2021 · until 2030
Director · represented by Alex DE WITTE
Also active at: ARGIBEL, BUILDING, WATT FACTORY, BOEVERIE, LIEGE BECASSE, XIOR Namen, VICTORIA REGINA, BLUE LINE STORAGE +20 more
since 2022 · until 2030
Director · represented by Alexander STEIJNS
Also active at: Downtown Real Estate, VICTORIA REGINA, Victoria Regina Holding, Victoria Hotel Opco, Downtown Development, RAC TIENEN, CNTR Holding, CNTR Tongeren +7 more
since 2021 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Victoria Reginalaan 1
1210 Sint-Joost-ten-Node
Active since 29 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande same network
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
BUILDING same network
€ 319,319 gross margin · 2025
Marieposa same network
€ -22,893 gross margin · 2025
North Beach same network
€ -34,684 gross margin · 2025
+50 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
- 0766.460.742
- VAT number
- BE 0766.460.742
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- Victoria Co-working Opco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2021
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
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