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ROY

Active
Private limited companyfounded 200422 years activeGrotestraat(B) 79, 3631 Maasmechelen, BelgiumKBO/BCE: BE 0863.485.189
Summary

The computed 12-month bankruptcy probability of ROY is 2.0% (moderate). The annual accounts of ROY for fiscal year 2024 show a net loss of 51% of total assets. The 2024 annual accounts show equity of €33,037 and a net result of -€27,426. Equity is growing by ~15% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€53,518total assets 2024
Equity
€33,037
Loss
-€27,426
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Accounts 69 days overdue0 of 4 deeds read
Why 53- 1 financial year not filed after the legal deadline; latest accounts 79 days late; 3 of the last 3 late- No main activity registered+ Size: total assets €53,518+ Founded in 2004Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Average
Solvency 87-13
equity 61.7% of total assets
Liquidity 82-9
short-term debt 38.3% · cash 61.7%
Profitability 0-76
return on assets -51.2%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.1%highest value 12-2024: 0.8%▼ -1.3 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.2 percentage points vs 04-2025lowest value 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.4%▲ +0.4 percentage points vs 09-2025 11-2025: 1.0%▼ -0.4 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 0.9%▼ -0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 2.0%▲ +0.6 percentage points vs 09-2026
Credit up to €1,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.36 against 4.72 in 2023; short-term debt: 38.3% and cash: 61.7% of total assets), and 38.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 52% on solvency, 75% on liquidity, 4% on profitability and 10% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €53,518
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 79 days late; 3 of the last 3 late
NBB · filings
raises risk · No main activity registered
KBO
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-10-2025, 79 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
79 days late
2023
120 days late
2022
128 days late
2021
170 days late
2020
107 days late
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 118 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€27,426
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Total assets 20246 fiscal years filed €53,518 View
  • Active since 2004founded 17-02-2004 22 years View

By topic

Financials

Fiscal year
2024
Total assets
€53,518
Loss
-€27,426
Solvency
61.7%
Total assets▼ 29.7%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 31-12-2023Back to profit
  2. 06-12-2023Annual accounts filed
  3. 17-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
17-02-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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