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ROYAL

Active
Private limited companyfounded 2021active for 5 yearsVisserskaai 13, 8400 Oostende, BelgiumKBO/BCE: BE 0772.663.792
Summary

The computed 12-month bankruptcy probability of ROYAL is 3.6% (moderate). The 2025 annual accounts show negative equity (-€77,345) and a net result of -€24,212. Equity has been shrinking by about 67% per year since 2022. Its solvency ranks better than 8% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-08-2021 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.323.760.605 8400 Oostende, since 01-09-2021
Financial year end
31 December
Peppol
Reachable since 04-08-2025

Board and ownership

Board
  • Fossé Viviane ConstanceDirector · since 18-08-2021

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.6%
Annual accounts 2025
Gross margin
€4,861
▼ 58.9%
Turnover
≈ €52,000
estimated
Loss
€24,212
▼ 12.4%
Equity
-€77,345
▼ 45.6%
Total assets
€52,009
▼ 29.1%
Employees on 31-12-2025
6
=
  • Negative equity on 31-12-2025
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €24,212, the second in a row (financial year 2025)Negative equity -€77,345lowers riskLiquidity: current ratio 0.28, cash €14,200Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -148.7% of total assets
Liquidity 34+1
short-term debt 161.1% · cash 27.3%
Profitability 0=
return on assets -46.6%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 4.7% 01-2025: 4.6%▼ -0.1 percentage points vs 12-2024 02-2025: 4.6%● unchanged vs 01-2025 03-2025: 4.5%▼ -0.1 percentage points vs 02-2025 04-2025: 4.5%● unchanged vs 03-2025 05-2025: 5.0%▲ +0.5 percentage points vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 5.2%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 4.7%▼ -0.5 percentage points vs 07-2025 09-2025: 4.7%● unchanged vs 08-2025 10-2025: 4.7%● unchanged vs 09-2025 11-2025: 4.7%● unchanged vs 10-2025 12-2025: 4.7%● unchanged vs 11-2025 01-2026: 4.6%▼ -0.1 percentage points vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 4.5%▼ -0.1 percentage points vs 02-2026 04-2026: 4.9%▲ +0.4 percentage points vs 03-2026 05-2026: 3.3%▼ -1.6 percentage points vs 04-2026lowest value 06-2026: 3.3%● unchanged vs 05-2026 07-2026: 3.4%▲ +0.1 percentage points vs 06-2026 08-2026: 3.7%▲ +0.3 percentage points vs 07-2026 09-2026: 3.7%● unchanged vs 08-2026 10-2026: 3.6%▼ -0.1 percentage points vs 09-2026 11-2026: 3.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.28 (0.44 in 2024), below 1. Short-term debt is 161.1% and cash 27.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 56, micro). It does better than 9% of them on solvency, 29% on liquidity, 8% on profitability and 16% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €24,212, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.28, cash €14,200
NBB · annual accounts
raises risk · Negative equity -€77,345
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€77,345
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 filings
Deviation from the deadline
2025
3 days early
2024
6 days early
2023
35 days early
2022
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 5 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€77,345 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€24,212 View
  • Caution: Less equity than 93% of companies in food and beverage servicesector median €28,776 · 17,027 companies -€77,345 View

Recent changes

  1. · Gazette deed Resignation: Linda Dury (director)
  2. · Gazette deed Registered office moved within Oostende
  3. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as ROYAL: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €45,600 and €71,200, founded between 2021 and 2022.

CompanyTotal assetsGross margin
ROYAL Oostende€52,009€4,861
CAN03 Vilvoorde€48,234€4,640
INSIEME PER SEMPRE Wemmel€57,243€4,179
TREVIGLIO Namur€47,154€6,182
LE GARGANOS Etterbeek€66,814€5,110
BAB TOMA Sint-Joost-ten-Node€45,575€3,712
ILTURI Ukkel€71,185€4,140
Full comparison

Key facts about ROYAL

What is the company number of ROYAL?
The company number of ROYAL is 0772.663.792. The VAT number is the same number with BE in front: BE 0772.663.792.
Where is ROYAL based?
The registered office is at Visserskaai 13, 8400 Oostende.Company details
What does ROYAL do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of ROYAL?
The legal form of ROYAL is Private limited company (BV).
When was ROYAL founded?
ROYAL was founded on 18-08-2021.
Is ROYAL still active?
Yes, ROYAL is an active enterprise in the KBO register.
How many employees does ROYAL have?
ROYAL had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ROYAL fall under?
In its 2025 annual accounts, ROYAL states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of ROYAL?
The turnover in financial year 2025 is ≈ €52,000. This figure is estimated from the gross margin of €4,861 and 93 comparable companies (NACE 56111). It probably lies between €25,000 and €110,000. It is a rough estimate.
Is ROYAL profitable?
In financial year 2025, ROYAL made a loss of €24,212.
Where can I find the annual accounts of ROYAL?
ROYAL filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ROYAL due?
ROYAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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