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 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VICTOR from Gingelom, company number BE0896106883, closed financial year 2025 with a result of € 188,888 after tax. For that financial year VICTOR recorded a gross margin of € 565,586 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 398,409 to € 188,888. The company is profitable. 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 30, 2026.
€ 5.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 188,888
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 935,451
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
79 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.9
Average over the fiscal year, from the social balance sheet.
€ 230,957
▼ 13% vs 2024
€ 79,600 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.
€ 151,123
▲ 24% vs 2024
Of which on lease € 147,040.
Debts at end 2025
€ 1.3 million
▼ 4% vs 2024
€ 450,677 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 25,287
▲ € 20,833 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,622
▲ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 342,295 | € 497,635 | € 755,966 | € 565,586 | ▼ 25% |
| Profit after taxes | € 478,186 | € 1,044,079 | € 398,409 | € 188,888 | ▼ 53% |
| Equity | € 4,129,417 | € 5,173,495 | € 5,571,904 | € 5,610,792 | ▲ 1% |
| Total debts | € 5,439,387 | € 3,579,387 | € 5,589,498 | € 4,845,471 | ▼ 13% |
| Cash | € 80,765 | € 211,497 | € 2,000,877 | € 935,451 | ▼ 53% |
| Land & buildings | € 209,792 | € 193,269 | € 177,442 | € 162,241 | ▼ 9% |
| Retained profit | € 3,338,867 | € 4,382,945 | € 4,781,354 | € 4,820,242 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Bank debt | € 1,651,813 | € 1,448,279 | € 1,316,892 | € 1,270,017 | ▼ 4% |
| Balance sheet total | € 9,619,330 | € 8,800,855 | € 11,206,887 | € 10,461,489 | ▼ 7% |
| Employees (FTE) | 2.8 | 2.9 | 2.9 | 2.9 |
Key figures of VICTOR, 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 VICTOR?
What happened at VICTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 188,888 (▼ 53% vs 2024). Source: NBB ↗
- New establishment in Gingelom. KBO
- Start of the company according to the CBE. KBO
In short
From € 478,186 profit in 2022 to € 188,888 profit in 2025.
Paid € 263,419 in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
On average € 195,000 of value added per employee in 2025.
Management
Behind VICTOR are Francesca Vansimsen, Thibaut Nivelles, Bart Nivelles and Anne-Sofie Nivelles. It owns 100% of Temenos, 100% of Assenti Luxemburg, 100% of Group Nivelles LTD, 100% of Luma Beheer BV, 99.5% of Group Nivelles and 83.3% of Denzo Vision bv itself.
Directors
According to the 2025 annual accounts
Francesca Vansimsen
Director
Thibaut Nivelles
Director
Bart Nivelles
Managing director
Also active at: GROUP NIVELLES, Homelab Construct, Homelab Invest, IMMO EN RENT BCP
Establishments
Establishment units
Physical locations of this company
Ambachtsweg 14
3890 Gingelom
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GROUP NIVELLES same network
€ 2.5 million gross margin · 2025
Homelab Construct same network
€ -80,949 gross margin · 2025
C2Y same network
€ 687,937 gross margin · 2025
Homelab Invest same network
€ 89,505 gross margin · 2025
IMMO EN RENT BCP same network
€ 39,202 gross margin · 2025
+1 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
- 0896.106.883
- VAT number
- BE 0896.106.883
- Registered office
- Ambachtsweg 14, 3890 Gingelom
- Names & denominations
- VICTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 February 2008
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
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