Royal · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Royal is 3.0% (moderate). The 2024 annual accounts show equity of €3k and a net result of €7k. Its solvency ranks better than 59% of 1986 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-04-2026, 258 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

How we compute the deadline

There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2024	31-07-2025	15-04-2026	258 d late	2026-00079682

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.0% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (micro schema)

EBIT marginNot published (micro schema)

Net result€7k

Working capital€3k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 15-04-2026 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 81, Cleaning & landscape services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	44.0%	36.6%	better than 59% of 1986 sector peers
Net result	€7k	€10k	better than 44% of 1977 sector peers
Equity	€3k	€29k	better than 16% of 1987 sector peers
Gross operating margin	€10k	€39k	better than 21% of 1975 sector peers
Total assets	€8k	€91k	better than 5% of 1987 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€9k
Net profit	€7k
Cash flow	€8k
Staff costs	-
Income taxes	€359
Dividends	-
Total assets	€8k
Equity	€3k
Debt	€4k
of which ≤ 1y	€4k
of which > 1y	-
Working capital	€3k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.78
Quick ratio	1.78
Working capital ratio	44.0%
Solvency	44.0%
Debt / equity	1.27
Long-term debt ratio	-
Interest coverage	90.57
Gross margin	-
Net margin	-
ROA	95.1%
ROE	216.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €3k · 44.0% Debt €4k · 56.0%

Full annual accounts (18 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€8k
Current assets	29/58	€8k
Amounts receivable within one year	40/41	€5k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€8k
Equity	10/15	€3k
Contributions / capital	10/11	€2k
Reserves	13	€1k
Amounts payable	17/49	€4k
Amounts payable within one year	42/48	€4k
Trade debts payable within one year	44	€850
Income statement
Gross operating margin	9900	€10k
Operating result	9901	€8k
Financial charges	65	€98
Result before taxes	9903	€8k
Income taxes	67/77	€359
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

Ratios computed by Checked.

Health barometer

FY 2024 · computed

86 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

no sitting director

2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Former directors (1)

Buatchongchan Suttiphon
Director
State Gazette act 26008484 (19-01-2026)

Former
- → 31-12-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Algemene reiniging van gebouwen(81210)
Legal form	Private limited company(610)
Incorporation	27-03-2023
Status	Active
Postal code	9000

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Royal Sushi-Thai & Massage

Restaurant van het traditionele type

since 20232.343.247.311

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area331 m²

Buildings2

Building footprint356 m²

Volume (LiDAR)2,955 m³

Tallest building18.0 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)