Checked.be · Company dossierhttps://checked.be/en/c/le-royal-vk-0702826564 · as of 19-10-2026
LE ROYAL VK
Active
Private limited company · founded 2018 · active for 8 yearsKBO/BCE: BE 0702.826.564
Summary
The computed 12-month bankruptcy probability of LE ROYAL VK is 18.3% (high). For LE ROYAL VK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€40,555) and a net result of -€22,574. Equity is shrinking by about 60% per year across the filed financial years. Its solvency ranks better than 10% of 17,661 sector peers (NACE 56, financial year 2023). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€37,610total assets 2023
Staff
59 FTE
Equity
-€40,555
Loss
-€22,574
Staff (FTE) +3,833%: other schema
Financial health
Bankruptcy probabilitywithin 12 months
18.3%
2023 figures too old to score
Structure
Accounts 445 days overdue2 of 5 deeds read
Signalsraises riskFigures for financial year 2023 (filed 30-08-2024)Ex-officio strike-off in the KBO2 financial years not filed after the legal deadline; latest accounts 30 days lateLoss of €22,574, the second in a row (financial year 2023)Two or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0=
equity -107.8% of total assets
Liquidity11-39
short-term debt 207.8% · cash 9.0%
Profitability0=
return on assets -60.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
18.3%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.8% (23,767 companies, NACE 56, micro)
Last 24 months11-2024: 5.0%12-2024: 4.4%▼ -0.6 percentage points vs 11-202401-2025: 4.4%● unchanged vs 12-202402-2025: 4.4%● unchanged vs 01-202503-2025: 4.4%● unchanged vs 02-202504-2025: 4.4%● unchanged vs 03-202505-2025: 4.3%▼ -0.1 percentage points vs 04-202506-2025: 4.1%▼ -0.2 percentage points vs 05-2025lowest value07-2025: 4.5%▲ +0.4 percentage points vs 06-202508-2025: 5.3%▲ +0.8 percentage points vs 07-202509-2025: 5.4%▲ +0.1 percentage points vs 08-202510-2025: 6.5%▲ +1.1 percentage points vs 09-202511-2025: 6.5%● unchanged vs 10-202512-2025: 7.4%▲ +0.9 percentage points vs 11-202501-2026: 8.9%▲ +1.5 percentage points vs 12-202502-2026: 8.9%● unchanged vs 01-202603-2026: 9.1%▲ +0.2 percentage points vs 02-202604-2026: 8.3%▼ -0.8 percentage points vs 03-202605-2026: 8.3%● unchanged vs 04-202606-2026: 8.2%▼ -0.1 percentage points vs 05-202607-2026: 8.2%● unchanged vs 06-202608-2026: 9.9%▲ +1.7 percentage points vs 07-202609-2026: 18.5%▲ +8.6 percentage points vs 08-2026highest value10-2026: 18.3%▼ -0.2 percentage points vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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.
31-12-2024 year end31-07-2025 deadline19-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 41 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.