Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VICTOR HVM from Brussel, company number BE0799618213, closed financial year 2025 with a result of € -13,311 after tax. For that financial year VICTOR HVM recorded a gross margin of € -5,197 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 49,444 to € -13,311. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 1.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,311
▼ still € 49,444 profit in 2024
Profit after tax over the fiscal year.
€ 101,703
▲ 130% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -289,528.
Debts at end 2025
€ 897,500
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 4,235
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,154
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -6,050 | € -4,924 | € -5,197 | ▼ € 273 |
| Profit after taxes | € 31,746 | € 49,444 | € -13,311 | ▼ € 62,755 |
| Equity | € 1,695,070 | € 1,744,514 | € 1,731,203 | ▼ 1% |
| Total debts | € 1,880,068 | € 1,898,559 | € 959,889 | ▼ 49% |
| Cash | € 14,000 | € 44,142 | € 101,703 | ▲ 130% |
| Retained profit | € -325,661 | € -276,217 | € -289,528 | ▼ € 13,311 |
| Bank debt | € 1,795,000 | € 1,795,000 | € 897,500 | ▼ 50% |
| Balance sheet total | € 3,575,138 | € 3,643,073 | € 2,691,092 | ▼ 26% |
Key figures of VICTOR HVM, fiscal years 2023 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 VICTOR HVM?
What happened at VICTOR HVM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,311 (▼ € 62,755 vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,746 profit in 2023 to € 13,311 loss in 2025.
Paid € 138,266 in corporate taxes since 2023.
Best year ever: 2024, with € 49,444 profit.
Management
Behind VICTOR HVM is Guy Merlaut. Guy Merlaut is also behind HOLDING DU VIEUX MOULIN, BENJAMIN HVM, FELICIEN HVM and NICOLAS HVM.
Directors
According to the 2025 annual accounts
Guy Merlaut
Director
Also active at: HOLDING DU VIEUX MOULIN, BENJAMIN HVM, FELICIEN HVM, NICOLAS HVM
Establishments
Establishment units
Physical locations of this company
Oorlogskruisenlaan 149 box 13
1120 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →COMPTASSISTANCE
€ 93,953 gross margin · 2025
Hermés Association
M25R
€ -3,412 gross margin · 2025
TADA SOINS INFIRMIERS et Cie
BMI ESTATE
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.618.213
- VAT number
- BE 0799.618.213
- Registered office
- Oorlogskruisenlaan 149 bus 13, 1120 Brussel
- Names & denominations
- VICTOR HVM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2023
- Peppol
- Not registered