Royal
ActiveRoyal has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €-93. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 90% of 3539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.86 against 2.51 in 2024), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
77 d early
2023
41 d early
2022
39 d early
2021
69 d early
2020
18 d late
2019
4 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€133k▼ 0.1%
2024 · €133k
2018: €119k
2019: €119k
2020: €96k
2021: €142k
2022: €91k
2023: €88k
2024: €133k
2018 → 2025
Total assets
€173k▼ 3.2%
2024 · €179k
2018: €214k
2019: €207k
2020: €126k
2021: €202k
2022: €143k
2023: €135k
2024: €179k
2018 → 2025
Net result
€-93
2024 · €44k
2018: €36k
2019: €11k
2020: €-23k
2021: €45k
2022: €-50k
2023: €-3k
2024: €44k
2018 → 2025
Working capital
€75k▲ 7.7%
2024 · €69k
2018: €76k
2019: €77k
2020: €60k
2021: €117k
2022: €63k
2023: €27k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€142k-€91k▼ 35.5%€88k▼ 3.2%€133k▲ 50.3%€133k▼ 0.1%
Operating result€49k-€-49k€-2k▲ 96.3%€46k€1k▼ 97.6%
Net result€45k-€-50k€-3k▲ 94.1%€44k€-93
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€58k▼ 8.6%
Current assets
€115k▼ 0.2%
Equity and liabilities €173k
Equity
€133k▼ 0.1%
Debt
€40k▼ 12.2%
The debt ratio falls from 25.6% to 23.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€17k▼
2024 · €60k
Cash flow
€16k▼
2024 · €59k
Solvency
76.8%▲
2024 · 74.4%
Current ratio
2.86▲
2024 · 2.51
Quick ratio
2.33▲
2024 · 2.05
Debt / equity
0.30▼
2024 · 0.34
ROE
-0.1%▼
2024 · 33.5%
ROA
-0.1%▼
2024 · 24.9%
Interest coverage
14.21▼
2024 · 51.15
Debt
€40k▼
2024 · €46k
Debt ≤ 1 year
€40k▼
2024 · €46k
Staff costs
€410k▼
2024 · €433k
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€179k€173k▼
Fixed assets21/28€64k€58k▼
Tangible fixed assets22/27€64k€58k▼
Plant, machinery and equipment23€12k€18k▲
Furniture and vehicles24€30k€21k▼
Other tangible fixed assets26€22k€19k▼
Current assets29/58€115k€115k▼
Stocks and contracts in progress3€21k€21k▼
Stocks30/36€21k€21k▼
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€5k€2k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€78k€81k▲
Deferred charges and accrued income490/1€9k€9k▼
Equity and liabilities
Total equity and liabilities10/49€179k€173k▼
Equity10/15€133k€133k▼
Contributions10/11€50k€50k=
Reserves13€83k€83k▼
Tax-exempt reserves132€16k€16k=
Distributable reserves133€67k€67k▼
Amounts payable17/49€46k€40k▼
Amounts payable within one year42/48€46k€40k▼
Trade debts44€24k€16k▼
Suppliers440/4€24k€16k▼
Taxes, remuneration and social security45€22k€24k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€21k€21k▲
Income statement
Code20242025
Remuneration, social security and pensions62€433k€410k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€497k€431k▼
Operating profit (loss)9901€46k€1k▼
Financial income75/76B€105€12▼
Recurring financial income75€105€12▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€44k€-93▼
Profit (loss) for the period9904€44k€-93▼
Profit (loss) for the period to be appropriated9905€44k€-93▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€-93▼
Transfer from equity791/2€0€93▲
Transfer to equity691/2€44k€0▼
To other reserves6921€44k€0▼
Social balance
Average headcount (FTE)90876.96.2▼
The notes to these accounts (6 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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €44k
Net result €44k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €133k ▲50.3%
Equity rises from €88k to €133k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-50k ▼211%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
31-12
Financial
Equity above €100kEq €142k ▲46.9%
Equity rises from €96k to €142k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Knokke-Heist · 1 establishment unit since 2004
Ground area
740 m²
Building footprint
620 m²
Volume, LiDAR
14,742 m³
Parcel 31008I0001/00A000, Flanders · tallest building 32.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Royal
since 20042.135.613.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0001/00A000 | Flanders | 740 m² | 1 · 620 m² | 32.6 m · 9 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.
Similar companies · same sector, comparable size
OCTOPUSSY
BE 0757.734.702
Bredene · Eq €133k
CATE
BE 0835.645.003
Damme · Eq €133k
TICOX
BE 0757.997.491
Koksijde · Eq €133k
MARCSON
BE 0690.687.213
Zwevegem · Eq €133k
AU PROVENCAL
BE 0774.767.308
Charleroi · Eq €133k
Of 20,228 companies in sector 56111 we hold annual accounts for 11,282. 9,117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2003
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.