ROYAL
ActiveSummary
The computed 12-month bankruptcy probability of ROYAL is 4.7% (elevated). For ROYAL, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€2,263) and a net result of -€626. Equity is shrinking by ~75.8% per year across the filed fiscal years. The company has been active since 1984 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Age of the figures
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 15-06-2023, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
46 d early
2021
115 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 26 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2022, micro schema
Equity
-€2,263▼ 38.2%
2021 · -€1,637
Total assets
€365▼ 3.5%
2021 · €378
Net result
-€626▲ 48.1%
2021 · -€1,205
Working capital
-€2,263▼ 38.2%
2021 · -€1,637
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€1,565--€1,192▲ 23.8%-€641▲ 46.3%-€1,168▼ 82.3%-€582▲ 50.2%
Net result-€1,604--€1,267▲ 21.0%-€185▲ 85.4%-€1,205▼ 550%-€626▲ 48.1%
Equity€1,020--€247-€432▼ 75.0%-€1,637▼ 279%-€2,263▼ 38.2%
Total assets€2,894-€736▼ 74.6%€2,053▲ 179%€378▼ 81.6%€365▼ 3.5%
Debt€1,874-€983▼ 47.6%€2,485▲ 153%€2,015▼ 18.9%€2,628▲ 30.4%
Working capital€1,020--€247-€432▼ 75.0%-€1,637▼ 279%-€2,263▼ 38.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €582 in 2022 against €1,168 in 2021; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€2,628▲
2021 · €2,015
Ratios withheld: a balance sheet total of €365 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,113 | €525 | ▼ 52.8% |
| Gross operating margin9900 | €1,854 | -€54 | -€641 | -€55 | -€57 | ▼ 3.8% |
| Operating profit (loss)9901 | -€1,565 | -€1,192 | -€641 | -€1,168 | -€582 | ▲ 50.2% |
| Financial income75/76B | - | - | - | €18 | €14 | ▼ 22.6% |
| Recurring financial income75 | - | - | €503 | €18 | €14 | ▼ 22.6% |
| Financial charges65/66B | - | - | - | €55 | €58 | ▲ 4.5% |
| Recurring financial charges65 | €39 | €75 | €47 | €55 | €58 | ▲ 4.5% |
| Profit (loss) for the period before taxes9903 | -€1,604 | -€1,267 | -€185 | -€1,205 | -€626 | ▲ 48.1% |
| Profit (loss) for the period9904 | -€1,604 | -€1,267 | -€185 | -€1,205 | -€626 | ▲ 48.1% |
| Profit (loss) for the period to be appropriated9905 | -€1,604 | -€1,267 | -€185 | -€1,205 | -€626 | ▲ 48.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,894 | €736 | €2,053 | €378 | €365 | ▼ 3.5% |
| Current assets29/58 | €2,894 | €736 | €2,053 | €378 | €365 | ▼ 3.5% |
| Amounts receivable within one year40/41 | - | - | €274 | €292 | €306 | ▲ 4.7% |
| Other amounts receivable41 | - | - | - | €292 | €306 | ▲ 4.7% |
| Cash at bank and in hand54/58 | €2,894 | €736 | €1,779 | €86 | €59 | ▼ 31.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,894 | €736 | €2,053 | €378 | €365 | ▼ 3.5% |
| Equity10/15 | €1,020 | -€247 | -€432 | -€1,637 | -€2,263 | ▼ 38.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | = |
| Reserves13 | €3,537 | €3,537 | €3,537 | €3,537 | €3,537 | = |
| Non-distributable reserves130/1 | - | - | - | €174 | €174 | = |
| Reserves not available under the articles1311 | - | - | - | €174 | €174 | = |
| Distributable reserves133 | - | - | - | €3,363 | €3,363 | = |
| Profit (loss) carried forward14 | -€21,117 | -€22,384 | -€22,569 | -€23,774 | -€24,400 | ▼ 2.6% |
| Amounts payable17/49 | €1,874 | €983 | €2,485 | €2,015 | €2,628 | ▲ 30.4% |
| Amounts payable within one year42/48 | €1,874 | €983 | €2,485 | €2,015 | €2,628 | ▲ 30.4% |
| Trade debts44 | €1,874 | €983 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €2,015 | €2,628 | ▲ 30.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,604 | -€1,267 | -€185 | -€1,205 | -€626 | ▲ 48.1% |
| Operating cash flow (approximation) | -€1,604 | -€1,267 | -€185 | -€1,205 | -€626 | ▲ 48.1% |
| Change in cash | - | -€2,158 | €1,043 | -€1,693 | -€27 | ▲ 98.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
26-07
KBO administration
Address struck
Lindestraat 55 9700 L’adresse du siège Lindestraat 55 9700 Oude- Die Sitzadresse Lindestraat 55 9700
Oudenaarde werd doorgehaald met ingang naarde · event 04-06-2024
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
15-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 199 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oudenaarde · 1 establishment unit since 1984
Ground area
6,927 m²
Building footprint
1,812 m²
Volume, LiDAR
14,544 m³
2 parcels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nestor De Tièrestraat 166, 9700 Oudenaarde
since 19842.024.572.419
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508B0049/02B000 | Flanders | 6,820 m² | 1 · 1,705 m² | 12.4 m · 3 fl. |
| 45502A0596/00D000 | Flanders | 107 m² | 1 · 107 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-04-1984
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.