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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VICTAR from Lievegem, company number BE0826872540, closed financial year 2025 with a result of € -1,204 after tax. For that financial year VICTAR recorded a gross margin of € 233,655 and equity of € 6.8 million. Compared with financial year 2024, the result moved from € -76,479 to € -1,204. 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 July 28, 2026.
€ 6.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,204
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 63,494
▲ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
Debts at end 2025
€ 13,710
▼ 30% vs 2024
Loans from banks and other lenders, long and short.
€ 4,334
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,641
▲ 131% vs 2024
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 | € 332,299 | € 203,987 | € 232,076 | € 233,655 | ▲ 1% |
| Profit after taxes | € 106,702 | € 14,811 | € -76,479 | € -1,204 | ▲ € 75,275 |
| Equity | € 6,911,133 | € 6,925,944 | € 6,849,465 | € 6,848,261 | |
| Total debts | € 19,984 | € 25,921 | € 431,347 | € 421,601 | ▼ 2% |
| Cash | € 969,051 | € 3,308,553 | € 33,509 | € 63,494 | ▲ 89% |
| Land & buildings | € 3,447,034 | € 3,626,099 | € 4,436,721 | € 4,195,915 | ▼ 5% |
| Retained profit | € -1,088,867 | € -1,074,056 | € -1,150,535 | € -1,151,739 | |
| Bank debt | € 19,685 | € 19,685 | € 19,685 | € 13,710 | ▼ 30% |
| Balance sheet total | € 6,931,117 | € 6,951,865 | € 7,280,812 | € 7,269,862 |
Key figures of VICTAR, 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 VICTAR?
What happened at VICTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,204. Source: NBB ↗
- An-Katrien de Vlieger became a director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
- Luc de Vlieger became a director. NBB
- Godelieve Verloo became a director. NBB
In short
From € 106,702 profit in 2022 to € 1,204 loss in 2025.
Paid € 635 in corporate taxes since 2022.
Best year ever: 2022, with € 106,702 profit.
Management
Behind VICTAR are Luc de Vlieger, Godelieve Verloo and An-Katrien de Vlieger. Luc de Vlieger is also behind MOLINOR. Godelieve Verloo is also behind MOLINOR.
Establishments
Establishment units
Physical locations of this company
Koning Leopold III laan 50
9930 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0826.872.540
- VAT number
- BE 0826.872.540
- Registered office
- Koning Leopold III laan 50, 9930 Lievegem
- Names & denominations
- VICTAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2010
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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