VICTORIA MSC
ActiveThe computed 12-month bankruptcy probability of VICTORIA MSC is 4.2% (elevated). The 2025 annual accounts show negative equity (€-4k) and a net result of €7k. Equity is shrinking by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 17% of 13270 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.1 in 2024; short-term debt: 133.4% and cash: 68.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-33.4%
Return on assets
64.5%
Age of the figures
16 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 13270 sector peers (2025).
NBB · sector comparisonPosition among 13270 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 30-01-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
30 d late
2024
69 d late
2023
180 d late
2022
33 d late
2021
47 d late
2020
176 d late
2019
533 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close22-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-4k▲ 65.8%
2024 · €-11k
2019: €31k
2020: €32k
2021: €27k
2022: €22k
2023: €-20k
2024: €-11k
2019 → 2025
Total assets
€12k▲ 39.3%
2024 · €8k
2019: €46k
2020: €80k
2021: €36k
2022: €38k
2023: €19k
2024: €8k
2019 → 2025
Net result
€7k▼ 64.5%
2024 · €21k
2019: €1k
2020: €1k
2021: €-6k
2022: €-4k
2023: €-43k
2024: €21k
2019 → 2025
Working capital
€-6k▲ 63.8%
2024 · €-18k
2020: €-7k
2021: €797
2022: €4k
2023: €-30k
2024: €-18k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€22k▼ 16.2%€-20k€-11k▲ 44.3%€-4k▲ 65.8%
Operating result€3k-€-1k€-33k▼ 2,525%€16k€11k▼ 34.8%
Net result€-6k-€-4k▲ 25.6%€-43k▼ 891%€21k€7k▼ 64.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€3k▼ 60.1%
Current assets
€9k▲ 358%
Key figures and ratios
EBITDA
€14k▼
2024 · €21k
Cash flow
€11k▼
2024 · €25k
Solvency
-33.4%▲
2024 · -136.4%
Current ratio
0.59▲
2024 · 0.10
Quick ratio
0.54▲
2024 · 0.10
Debt / equity
-3.99▼
2024 · -1.73
ROA
64.5%▼
2024 · 253.2%
Interest coverage
9.20▼
2024 · 14.93
Debt
€15k▼
2024 · €20k
Debt ≤ 1 year
€15k▼
2024 · €20k
Income taxes
€2k▲
2024 · €-5k
Staff costs
€29k▲
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8k€12k▲
Fixed assets21/28€6k€3k▼
Intangible fixed assets21€6k€2k▼
Financial fixed assets28€324€324=
Current assets29/58€2k€9k▲
Stocks and contracts in progress3-€696
Stocks30/36-€696
Amounts receivable within one year40/41€1k€455▼
Other amounts receivable41€1k€455▼
Cash at bank and in hand54/58€666€8k▲
Deferred charges and accrued income490/1€153-
Equity and liabilities
Total equity and liabilities10/49€8k€12k▲
Equity10/15€-11k€-4k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-19k€-12k▲
Amounts payable17/49€20k€15k▼
Amounts payable within one year42/48€20k€15k▼
Current portion of amounts payable after more than one year42€1k-
Trade debts44€7k€12k▲
Suppliers440/4€7k€12k▲
Taxes, remuneration and social security45-€588
Taxes450/3-€588
Other amounts payable47/48€11k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€28k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€50k€47k▼
Operating profit (loss)9901€16k€11k▼
Financial income75/76B€821-
Recurring financial income75€821-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€16k€9k▼
Income taxes67/77€-5k€2k▲
Profit (loss) for the period9904€21k€7k▼
Profit (loss) for the period to be appropriated9905€21k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-12k▼
Profit (loss) brought forward from the previous period14P€-28k€-19k▲
Profit to be distributed694/7€12k-
Directors or managers695€12k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 180 days late
31-05
Financial
Back to profitnet €21k
Net result €21k after 3 loss-making years.
2023
31-05
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 33 days late
2022
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 176 days late
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 533 days late
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 38 days late
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 94 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Levieplein 21200 Sint-Lambrechts-WoluweGround area
128 m²
Building footprint
79 m²
Volume, LiDAR
969 m³
Parcel 21673D0151/00G014, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Victoria MSC
since 20152.249.567.679
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0151/00G014 | Brussels | 128 m² | 1 · 79 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lambrechts-Woluwe2.249.567.679
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2015
Fiscal year end31-05
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.