ROYAL
ActiveThe computed 12-month bankruptcy probability of ROYAL is 6.8% (elevated). The 2025 annual accounts show negative equity (€-77k) and a net result of €-24k. Equity is shrinking by ~66.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 13090 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.44 in 2024; short-term debt: 161.1% and cash: 27.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-148.7%
Return on assets
-46.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-77k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
35 d early
2022
25 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-77k▼ 45.6%
2024 · €-53k
2022: €658
2023: €-25k
2024: €-53k
2022 → 2025
Total assets
€52k▼ 29.1%
2024 · €73k
2022: €110k
2023: €91k
2024: €73k
2022 → 2025
Net result
€-24k▲ 12.4%
2024 · €-28k
2022: €658
2023: €-26k
2024: €-28k
2022 → 2025
Working capital
€-60k▼ 46.0%
2024 · €-41k
2022: €14k
2023: €-8k
2024: €-41k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€658-€-25k€-53k▼ 111%€-77k▼ 45.6%
Operating result€5k-€-20k€-20k=€-18k▲ 13.6%
Net result€658-€-26k€-28k▼ 7.0%€-24k▲ 12.4%
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 €18k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€28k▼ 31.6%
Current assets
€24k▼ 25.7%
Key figures and ratios
EBITDA
€-4k▲
2024 · €-9k
Cash flow
€-11k▲
2024 · €-16k
Solvency
-148.7%▼
2024 · -72.5%
Current ratio
0.28▼
2024 · 0.44
Quick ratio
0.19▼
2024 · 0.29
Debt / equity
-1.67▲
2024 · -2.38
ROA
-46.6%▼
2024 · -37.7%
Interest coverage
-0.69▲
2024 · -1.29
Debt
€129k▲
2024 · €126k
Debt ≤ 1 year
€84k▲
2024 · €73k
Debt > 1 year
€46k▼
2024 · €53k
Income taxes
€143▼
2024 · €199
Staff costs
€7k▼
2024 · €10k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€52k▼
Fixed assets21/28€42k€28k▼
Intangible fixed assets21€0€0▼
Tangible fixed assets22/27€42k€28k▼
Plant, machinery and equipment23€609€369▼
Furniture and vehicles24€41k€28k▼
Current assets29/58€32k€24k▼
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€2k▼
Other amounts receivable41-€169
Cash at bank and in hand54/58€19k€14k▼
Equity and liabilities
Total equity and liabilities10/49€73k€52k▼
Equity10/15€-53k€-77k▼
Profit (loss) carried forward14€-53k€-77k▼
Amounts payable17/49€126k€129k▲
Amounts payable after more than one year17€53k€46k▼
Financial debts170/4€53k€46k▼
Amounts payable within one year42/48€73k€84k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Financial debts43€24k€25k▲
Credit institutions430/8€24k€25k▲
Trade debts44€6k€17k▲
Suppliers440/4€6k€17k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€18k€19k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Remuneration, social security and pensions62€10k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€11k€3k▼
Gross operating margin9900€12k€5k▼
Operating profit (loss)9901€-20k€-18k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-27k€-24k▲
Income taxes67/77€199€143▼
Profit (loss) for the period9904€-28k€-24k▲
Profit (loss) for the period to be appropriated9905€-28k€-24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-77k▼
Profit (loss) brought forward from the previous period14P€-25k€-53k▼
Profit to be distributed694/7€335€0▼
Other beneficiaries697€335€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
Financial 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
Registered office, Oostende · 1 establishment unit since 2021
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.
Visserskaai 138400 OostendeGround area
159 m²
Building footprint
159 m²
Volume, LiDAR
2,567 m³
Parcel 35013A1599/00M004, Flanders · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Chopin
since 20212.323.760.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1599/00M004 | Flanders | 159 m² | 1 · 159 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.323.760.605
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,450. 1,115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vivianefosse@hotmail.com