ROYAL CLEAN SERVICES
ActiveThe computed 12-month bankruptcy probability of ROYAL CLEAN SERVICES is 4.0% (elevated). For ROYAL CLEAN SERVICES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €282k and a net result of €46k. Equity is growing by ~45.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 5388 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability72=
Solvency43▼-3
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
18.5%
Return on assets
3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-10-2024, 65 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
65 d late
2022
66 d late
2021
130 d late
2020
102 d late
2019
85 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€282k▲ 19.4%
2022 · €236k
2018: €47k
2019: €77k
2020: €123k
2021: €208k
2022: €236k
2018 → 2023
Total assets
€1.53M▲ 38.6%
2022 · €1.10M
2018: €110k
2019: €134k
2020: €270k
2021: €1.07M
2022: €1.10M
2018 → 2023
Net result
€46k▲ 60.6%
2022 · €29k
2018: €29k
2019: €30k
2020: €47k
2021: €84k
2022: €29k
2018 → 2023
Working capital
€163k▲ 46.4%
2022 · €112k
2018: €47k
2019: €74k
2020: €122k
2021: €132k
2022: €112k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€77k-€123k▲ 60.8%€208k▲ 68.3%€236k▲ 13.7%€282k▲ 19.4%
Operating result€30k-€63k▲ 110%€88k▲ 40.7%€51k▼ 41.8%€105k▲ 104%
Net result€30k-€47k▲ 57.6%€84k▲ 80.7%€29k▼ 66.1%€46k▲ 60.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 104% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.53M
Fixed assets
€185k▼ 26.5%
Current assets
€1.34M▲ 57.8%
Equity and liabilities €1.53M
Equity
€282k▲ 19.4%
Debt
€1.25M▲ 43.8%
The debt ratio rises from 78.6% to 81.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€172k▲
2022 · €108k
Cash flow
€112k▲
2022 · €86k
Solvency
18.5%▼
2022 · 21.4%
Current ratio
1.14▼
2022 · 1.15
Quick ratio
1.14▼
2022 · 1.15
Debt / equity
4.42▲
2022 · 3.67
ROE
16.2%▲
2022 · 12.1%
ROA
3.0%▲
2022 · 2.6%
Interest coverage
35.54▲
2022 · 20.85
Debt
€1.25M▲
2022 · €866k
Debt ≤ 1 year
€1.18M▲
2022 · €740k
Debt > 1 year
€66k▼
2022 · €127k
Income taxes
€54k▲
2022 · €18k
Staff costs
€407k▲
2022 · €375k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€1.10M€1.53M▲
Fixed assets21/28€251k€185k▼
Tangible fixed assets22/27€250k€184k▼
Furniture and vehicles24€6k€2k▼
Leasing and similar rights25€244k€181k▼
Financial fixed assets28€900€900=
Current assets29/58€851k€1.34M▲
Amounts receivable within one year40/41€849k€913k▲
Trade receivables40€745k€767k▲
Other amounts receivable41€104k€146k▲
Cash at bank and in hand54/58€3k€431k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.53M▲
Equity10/15€236k€282k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€218k€263k▲
Amounts payable17/49€866k€1.25M▲
Amounts payable after more than one year17€127k€66k▼
Financial debts170/4€127k€66k▼
Amounts payable within one year42/48€740k€1.18M▲
Current portion of amounts payable after more than one year42€67k€61k▼
Trade debts44€567k€1,000k▲
Suppliers440/4€567k€1,000k▲
Taxes, remuneration and social security45€106k€120k▲
Taxes450/3€10k€24k▲
Remuneration and social security454/9€96k€96k=
Income statement
Code20222023
Remuneration, social security and pensions62€375k€407k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€67k▲
Other operating charges640/8€9k€13k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€496k€592k▲
Operating profit (loss)9901€51k€105k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€46k€100k▲
Income taxes67/77€18k€54k▲
Profit (loss) for the period9904€29k€46k▲
Profit (loss) for the period to be appropriated9905€29k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€218k€263k▲
Profit (loss) brought forward from the previous period14P€189k€218k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-05
KBO administration
Address struck
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €29k ▼66.1%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
2021
31-12
Financial
Highest result since 2018net €84k ▲80.7%
Net result €84k, the highest in the series.
31-12
Financial
Equity above €200kEq €208k ▲68.3%
4 profitable years in a row build equity to €208k.
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-12
Financial
Equity above €100kEq €123k ▲60.8%
3 profitable years in a row build equity to €123k.
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 74 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wemmel · 1 establishment unit since 2017
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.
de Limburg Stirumlaan 731780 WemmelGround area
832 m²
Building footprint
296 m²
Volume, LiDAR
3,573 m³
2 parcels, Brussels, Flanders · tallest building 15.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ROYAL CLEAN SERVICES
since 20172.272.446.120
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0078/00C004 | Flanders | 743 m² | 1 · 207 m² | 15.7 m · 5 fl. |
| 21464D0110/00K007 | Brussels | 89 m² | 1 · 88 m² | 12.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,705 companies in sector 81230 we hold annual accounts for 473. 332 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2017
Fiscal year end31-12
Activities, NACEBEL
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
43990Other specialised construction activities
43999Specialised construction activities
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.