INVEST ROYAL
Open bankruptcyA bankruptcy procedure is open for INVEST ROYAL according to publications in the Belgian State Gazette; curator: ANOUK DE VLEESHOUWER.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 21-07-2022, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
10 d early
2020
5 d early
2019
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€-152k▼ 44.8%
2020 · €-105k
2018: €-143k
2019: €-116k
2020: €-105k
2018 → 2021
Total assets
€64k▼ 8.3%
2020 · €70k
2018: €29k
2019: €57k
2020: €70k
2018 → 2021
Net result
€-47k
2020 · €12k
2018: €3k
2019: €27k
2020: €12k
2018 → 2021
Working capital
€64k▼ 5.6%
2020 · €68k
2019: €56k
2020: €68k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-143k-€-116k▲ 18.9%€-105k▲ 10.0%€-152k▼ 44.8%
Operating result€4k-€27k▲ 588%€12k▼ 56.5%€-47k
Net result€3k-€27k▲ 687%€12k▼ 57.3%€-47k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €47k after €12k in 2020, the lowest result in the available series.
Key figures and ratios
Solvency
-236.4%▼
2020 · -149.7%
Debt / equity
-1.42▲
2020 · -1.65
ROA
-73.2%▼
2020 · 16.5%
Debt
€216k▲
2020 · €175k
Debt ≤ 1 year
€73▼
2020 · €2k
Debt > 1 year
€216k▲
2020 · €173k
A ratio outside any meaningful range has been withheld (balance sheet total €64k, equity €-152k).
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€70k€64k▼
Fixed assets21/28€50-
Financial fixed assets28€50-
Current assets29/58€70k€64k▼
Amounts receivable within one year40/41€69k€62k▼
Other amounts receivable41-€62k
Cash at bank and in hand54/58€609€2k▲
Equity and liabilities
Total equity and liabilities10/49€70k€64k▼
Equity10/15€-105k€-152k▼
Contributions10/11€136k€136k=
Capital10-€136k
Issued capital100-€136k
Reserves13€3k€3k=
Non-distributable reserves130/1-€3k
Legal reserve130-€3k
Profit (loss) carried forward14€-245k€-291k▼
Amounts payable17/49€175k€216k▲
Amounts payable after more than one year17€173k€216k▲
Other amounts payable178/9-€216k
Amounts payable within one year42/48€2k€73▼
Trade debts44€2k€73▼
Suppliers440/4-€73
Income statement
Code20202021
Other operating charges640/8-€101
Gross operating margin9900€12k€-47k▼
Operating profit (loss)9901€12k€-47k▼
Financial charges65/66B-€333
Recurring financial charges65€387€333▼
Profit (loss) for the period before taxes9903€12k€-47k▼
Profit (loss) for the period9904€12k€-47k▼
Profit (loss) for the period to be appropriated9905€12k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-291k
Profit (loss) brought forward from the previous period14P-€-245k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
07-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · INVEST ROYAL NV GROTE MARKT 29, 2800 MECHELEN · event 31-10-2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-47k ▼505%
Net result drops to €-47k, the lowest in the series.
31-12
Financial
Liquidity times 26current ratio 878.96
Current ratio from 33.81 to 878.96; short-term debt falls from €2k to €73.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-12
Financial
Highest result since 2018net €27k ▲687%
Operating result €27k, net result €27k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
07-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 7 days late
2014
10-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
23-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER DRABSTRAAT 18,
2800 MECHELEN |
31-10-2022 → present |