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Complete company report
Generated 11-08-2026
Active BE 0417.873.921Public limited company

VICTOREAL

Brandepoelstraat 26 ·3570 Alken, Belgium· 48 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of VICTOREAL is 0.7% (low). The 2023 annual accounts show equity of €965k and a net result of €266k. Equity remains stable across the filed fiscal years (±0.4% per year). The company has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €965k
Net result €266k
Active 48 yrs
Board 3
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health64Profitability100Solvency45Growth78Stability100
77 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 64
Profitability 100
Solvency 45
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.7% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1977, 48 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
64 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro
€-400k€-200k€0€200k€400kOperating result 2019: €11k€11kNet result 2019: €-302k€-302kOperating result 2020: €34k€34kNet result 2020: €-306k€-306kOperating result 2021: €56k€56kNet result 2021: €-46k€-46kOperating result 2022: €30k€30kNet result 2022: €9k€9kOperating result 2023: €321k€321kNet result 2023: €266k€266k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 6 fiscal years (±0.4%/year).
€600k€700k€800k€900k€1.00M2024: €724k (€647k - €802k)2025: €722k (€644k - €799k)2026: €719k (€642k - €796k)2018: €741k2019: €739k2020: €736k2021: €690k2022: €699k2023: €965k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€413k
+239.3% 18-23
Net profit
€266k
+2702.9% 18-23
Cash flow
€358k
+254.5% 18-23
Total assets
€2.70M
+8.9% 18-23
Equity
€965k
+38.1% 18-23
Working capital
€-168k
-37.2% 18-23
Debt
€1.74M
-2.6% 18-23
Debt ≤ 1y
€236k
+12.0% 18-23
Debt > 1y
€1.50M
-4.5% 18-23
Current ratio
0.29
-31.3% 18-23
Quick ratio
0.29
-31.3% 18-23
Solvency
35.7%
+26.8% 18-23
Debt / equity
1.80
-29.4% 18-23
ROE
27.6%
+1930.2% 18-23
ROA
9.8%
+2474.6% 18-23
Interest coverage
7.55
+28.2% 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€413k
Net profit€266k
Cash flow€358k
Staff costs-
Income taxes-
Dividends-
Total assets€2.70M
Equity€965k
Debt€1.74M
of which ≤ 1y€236k
of which > 1y€1.50M
Working capital€-168k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.29
Quick ratio0.29
Working capital ratio-6.2%
Solvency35.7%
Debt / equity1.80
Long-term debt ratio1.56
Interest coverage7.55
Gross margin-
Net margin-
ROA9.8%
ROE27.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.70M
Fixed assets 21/28€2.63M
Tangible fixed assets 22/27€2.63M
Current assets 29/58€68k
Amounts receivable within one year 40/41€58k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.70M
Equity 10/15€965k
Contributions / capital 10/11€75k
Reserves 13€44k
Accumulated profits (losses) 14€-76k
Amounts payable 17/49€1.74M
Amounts payable after one year 17€1.50M
Amounts payable within one year 42/48€236k
Trade debts payable within one year 44€10k
Income statement
Gross operating margin 9900€414k
Operating result 9901€321k
Financial charges 65€55k
Result before taxes 9903€266k
Net result for the period 9904€266k
Result to be appropriated 9905€266k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Directors derived from a single State Gazette act, under verification
All 3 current directors first appear in the same act (25013625). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
  • Kadija Amkhaou BVLegal entity
    Director· perm. rep.: AMKHAOU Kadija
    State Gazette act 25013625 (27-01-2025)
    Current
    27-01-2025 → present
  • MAZZARELLA Monica
    Sole director
    State Gazette act 25013625 (27-01-2025)
    Current
    27-01-2025 → present
  • VANVOORDEN Cynthia
    Sole director
    State Gazette act 25013625 (27-01-2025)
    Current
    27-01-2025 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation22-11-1977
StatusActive
Postal code3570
Establishment units 1 location
Warsimmo NV
Noorderplaats 5, 2000 AntwerpenBemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
since 19782.014.435.622
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11802B0059/00S002 Flanders 5,943 m² 1 · 2,789 m² 77.8 m · 9 fl.
73001H0033/00P000 Flanders 2,734 m² 1 · 212 m² 8.2 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-01-2025
State Gazette act Capital & shares
BEN TYSKENS
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
06-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
12-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
01-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
30-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
27-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
07-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
23-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
29-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
25-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Belgisch Staatsblad, acts 1 acts
Capital history · 1
27-01-2025
Capital change
All acts · 1 updated 1 year ago
2025
27-01-2025 Capital increase of €301,000 to €571,000 Capital & shares·BEN TYSKENS
  • €270.000 → €571.000
  • 2 kapitaalbewegingen in deze akte
Notary: BEN TYSKENS · Maaseik
Technical details 
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      "subscribers": [
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          "kind": "person",
          "name": "WOLLANTS Magda Mathilde Ludovica",
          "share_class": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-27",
    "filing_date": "2024-12-20",
    "act_kind_objet": "Onderwerp akte:"
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  "decision": {
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    "act_date": "2024-12-20",
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  },
  "bedrijfsrevisor": {
    "waived": false,
    "firm_kbo": null,
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    "ibr_number": null,
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  },
  "subject_company": {
    "kbo": "0417.873.921",
    "name_full": "VICTOREAL",
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    "is_foreign_registered": false
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  "co_filed_documents": [
    "gezegeld afschrift der akte - geco\u00F6rdineerde statuten",
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  ],
  "shareholders_after": [
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL VICTOREAL
Registered office
Brandepoelstraat 26
3570 Alken, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative