What is the meaning of the phrase 'Come of with flying colours'?

• Come of with flying colours:   

• English Meaning: have done very well (with distinction) / with complete or eminent success.
• Bangla Meaning: খুব ভালো করা / জয়ী হওয়া।   

Ex. Sentence: At last our team came off with flying colours from the tournament.
Bangla Meaning: অবশেষে আমাদের দল সাফল্যের সাথে টুর্নামেন্ট জিতলো।

Source: ওয়েবসাইট lecture.