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ROY GROUP

Active
Private limited companyfounded 20233 yrs activeDijkstraat 4, 9160 Lokeren, BelgiumKBO/BCE: BE 0798.425.410
Summary

The computed 12-month bankruptcy probability of ROY GROUP is 1.8% (moderate). The 2025 annual accounts show equity of €74,648 and a net result of €34,615. Its solvency ranks better than 18% of 10519 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency33▼-2
Growth78
Track record94
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 1.13 in 2024; short-term debt: 89% and cash: 2.2% of total assets), and 92.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
7.5%
Return on assets
3.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10519 sector peers (2025).
NBB · sector comparison
Position among 10519 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
50 d early
2024
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 44 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 February 2023, ROY GROUP was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€74,648▲ 86.5%
2024 · €40,033
Total assets
€994,795▲ 149%
2024 · €399,200
Net result
€34,615▲ 72.8%
2024 · €20,033
Working capital
€70,187▲ 53.1%
2024 · €45,848
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€25,779-€46,759▲ 81.4%
Net result€20,033within the sector's middle half-€34,615within the sector's middle half▲ 72.8%
Equity€40,033within the sector's middle half-€74,648within the sector's middle half▲ 86.5%
Total assets€399,200above the sector's middle half-€994,795within the sector's middle half▲ 149%
Debt€359,167-€920,147▲ 156%
Working capital€45,848within the sector's middle half-€70,187within the sector's middle half▲ 53.1%
Solvency10.0%within the sector's middle half-7.5%below the sector's middle half▼ 2.5pp
Current ratio1.13within the sector's middle half-1.08within the sector's middle half▼ 0.05
Return on assets (ROA)5.0%within the sector's middle half-3.5%within the sector's middle half▼ 1.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2024: €25,779€25,779Net result 2024: €20,033€20,033Operating result 2025: €46,759€46,759Net result 2025: €34,615€34,61520242025€0€20,000€40,000Operating result 2024: €25,779€25,800Net result 2024: €20,033€20,000Operating result 2025: €46,759€46,800Net result 2025: €34,615€34,60020242025
The operating result rises in 2025; 2025 is 81% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €994,795
Fixed assets €39,682 ▲ 298%
Current assets €955,113 ▲ 145%
Equity and liabilities €994,795
Equity €74,648 ▲ 86.5%
Debt €920,147 ▲ 156%
Debt's share of the balance-sheet total rises from 90.0% to 92.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50,984▲
2024 · €30,446
Cash flow
€38,840▲
2024 · €24,699
Quick ratio
0.75▲
2024 · 0.62
Debt to equity
12.33▲
2024 · 8.97
ROE
46.4%▼
2024 · 50.0%
Interest coverage
14.71▲
2024 · 7.63
Debt ≤ 1 year
€884,926▲
2024 · €343,391
Debt > 1 year
€35,221▲
2024 · €15,776
Income taxes
€10,915▲
2024 · €7,015
Staff costs
€254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,513 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.1% went bankrupt
1.3% stopped otherwise
96% still going

A further 0.9% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€399,200€994,795▲
Fixed assets21/28€9,961€39,682▲
Tangible fixed assets22/27€9,961€35,932▲
Plant, machinery and equipment23€2,356€1,756▼
Furniture and vehicles24€7,606-
Leasing and similar rights25-€34,176
Financial fixed assets28-€3,750
Current assets29/58€389,239€955,113▲
Stocks and contracts in progress3€176,690€293,336▲
Stocks30/36€176,690€293,336▲
Amounts receivable within one year40/41€207,243€639,611▲
Trade receivables40€188,805€634,583▲
Other amounts receivable41€18,438€5,028▼
Cash at bank and in hand54/58€5,306€22,166▲
Equity and liabilities
Total equity and liabilities10/49€399,200€994,795▲
Equity10/15€40,033€74,648▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14€20,033€54,648▲
Amounts payable17/49€359,167€920,147▲
Amounts payable after more than one year17€15,776€35,221▲
Financial debts170/4€15,776€35,221▲
Amounts payable within one year42/48€343,391€884,926▲
Current portion of amounts payable after more than one year42-€11,933
Financial debts43€9,810-
Credit institutions430/8€9,810-
Trade debts44€301,252€707,660▲
Suppliers440/4€301,252€707,660▲
Taxes, remuneration and social security45€7,015€102,789▲
Taxes450/3€7,015€83,189▲
Remuneration and social security454/9-€19,600
Other amounts payable47/48€25,314€62,544▲
Income statement Code20242025
Remuneration, social security and pensions62-€254
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,666€4,225▼
Other operating charges640/8€1,574€748▼
Gross operating margin9900€32,019€51,986▲
Operating profit (loss)9901€25,779€46,759▲
Financial income75/76B€5,260€2,236▼
Recurring financial income75€5,260€342▼
Non-recurring financial income76B€5,260€1,894▼
Financial charges65/66B€3,991€3,466▼
Recurring financial charges65€3,991€3,466▼
Profit (loss) for the period before taxes9903€27,048€45,530▲
Income taxes67/77€7,015€10,915▲
Profit (loss) for the period9904€20,033€34,615▲
Profit (loss) for the period to be appropriated9905€20,033€34,615▲
Appropriation of the result
Profit (loss) to be appropriated9906€20,033€54,648▲
Profit (loss) brought forward from the previous period14P-€20,033

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€254-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,666€4,225▼ 9.5%
Other operating charges640/8€1,574€748▼ 52.4%
Gross operating margin9900€32,019€51,986▲ 62.4%
Operating profit (loss)9901€25,779€46,759▲ 81.4%
Financial income75/76B€5,260€2,236▼ 57.5%
Recurring financial income75€5,260€342▼ 93.5%
Non-recurring financial income76B€5,260€1,894▼ 64.0%
Financial charges65/66B€3,991€3,466▼ 13.2%
Recurring financial charges65€3,991€3,466▼ 13.2%
Profit (loss) for the period before taxes9903€27,048€45,530▲ 68.3%
Income taxes67/77€7,015€10,915▲ 55.6%
Profit (loss) for the period9904€20,033€34,615▲ 72.8%
Profit (loss) for the period to be appropriated9905€20,033€34,615▲ 72.8%
Line20242025Change
Assets
Total assets20/58€399,200€994,795▲ 149%
Fixed assets21/28€9,961€39,682▲ 298%
Tangible fixed assets22/27€9,961€35,932▲ 261%
Plant, machinery and equipment23€2,356€1,756▼ 25.5%
Furniture and vehicles24€7,606--
Leasing and similar rights25-€34,176-
Financial fixed assets28-€3,750-
Current assets29/58€389,239€955,113▲ 145%
Stocks and contracts in progress3€176,690€293,336▲ 66.0%
Stocks30/36€176,690€293,336▲ 66.0%
Amounts receivable within one year40/41€207,243€639,611▲ 209%
Trade receivables40€188,805€634,583▲ 236%
Other amounts receivable41€18,438€5,028▼ 72.7%
Cash at bank and in hand54/58€5,306€22,166▲ 318%
Equity and liabilities
Total equity and liabilities10/49€399,200€994,795▲ 149%
Equity10/15€40,033€74,648▲ 86.5%
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14€20,033€54,648▲ 173%
Amounts payable17/49€359,167€920,147▲ 156%
Amounts payable after more than one year17€15,776€35,221▲ 123%
Financial debts170/4€15,776€35,221▲ 123%
Amounts payable within one year42/48€343,391€884,926▲ 158%
Current portion of amounts payable after more than one year42-€11,933-
Financial debts43€9,810--
Credit institutions430/8€9,810--
Trade debts44€301,252€707,660▲ 135%
Suppliers440/4€301,252€707,660▲ 135%
Taxes, remuneration and social security45€7,015€102,789▲ 1,365%
Taxes450/3€7,015€83,189▲ 1,086%
Remuneration and social security454/9-€19,600-
Other amounts payable47/48€25,314€62,544▲ 147%
Line20242025Change
Profit (loss) for the period9904€20,033€34,615▲ 72.8%
+ Depreciation and write-downs630€4,666€4,225▼ 9.5%
Operating cash flow (approximation)€24,699€38,840▲ 57.2%
Investment in fixed assets (approximation)--€33,945-
Change in cash-€16,860-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Lokeren · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
1.2 ha
Building footprint
5,075 m²
Volume, LiDAR
28,828 m³
Parcel 46382B0871/00E000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ROY GROUP
Dijkstraat 4, 9160 LokerenAgents in the wholesale of timber and building materials
since 20232.342.302.451
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46382B0871/00E000 Flanders 1.2 ha 1 · 5,075 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,537 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798425410
Also 9925:BE0798425410
Registered 12-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.