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 13061 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
15
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability94
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), 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
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
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
14-09-2026 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
ROE
31.3%▼
2024 · 52.0%
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 20,234 companies in sector 56111 we hold annual accounts for 11,312. 1,089 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 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vivianefosse@hotmail.com