Active BE 0432.192.309Public limited company

ROYAL DELICE

Rue de la Rulles,Ansart 58 ·6730 Tintigny, Belgium· 38 yrs active

Sector: Fokken en houden van schapen en geiten (01450)

Conclusion Checked

The computed 12-month bankruptcy probability of ROYAL DELICE is 0.1% (very low). The 2024 annual accounts show equity of €545k and a net result of €63k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 813 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€545k
Net result	€63k
Better than sector	70%
Active	38 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

87 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 97

Profitability 86

Solvency 74

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Lower-risk legal form −

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

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1987, 38 years in business.

No legal incidents

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

Administrative Flags0 events

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.

Health barometer FY 2024 · computed

97 / 100 Excellent

050100

Computed from 6 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.

Financial overview10 NBB filings

Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~23.4%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 01, Agriculture · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	41.6%	20.2%	better than 70% of 813 sector peers
Net result	€63k	€5k	better than 90% of 812 sector peers
Equity	€545k	€36k	better than 95% of 813 sector peers
Gross operating margin	€135k	€33k	better than 83% of 813 sector peers
Total assets	€1.31M	€218k	better than 92% of 813 sector peers

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

Revenue

€45k

- 18-24

EBITDA

€131k

+111.6% 18-24

Net profit

€63k

+158.8% 18-24

Cash flow

€107k

+125.7% 18-24

Total assets

€1.31M

-1.1% 18-24

Equity

€545k

+13.1% 18-24

Working capital

€168k

+80.1% 18-24

Employees (FTE)

1

-8.3% 18-24

Staff costs

€14k

-33.1% 18-24

Income taxes

€9k

-36.1% 18-24

Debt

€695k

-11.3% 18-24

Debt ≤ 1y

€414k

-12.2% 18-24

Debt > 1y

€281k

-10.1% 18-24

Current ratio

1.41

+17.4% 18-24

Quick ratio

1.07

+14.4% 18-24

Solvency

41.6%

+14.3% 18-24

Debt / equity

1.27

-21.6% 18-24

ROE

11.6%

+128.9% 18-24

ROA

4.8%

+161.6% 18-24

Net margin

139.8%

- 18-24

EBITDA margin

289.9%

- 18-24

Interest coverage

33.32

+3.8% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€45k
EBITDA	€131k
Net profit	€63k
Cash flow	€107k
Staff costs	-
Income taxes	€9k
Dividends	-
Total assets	€1.31M
Equity	€545k
Debt	€695k
of which ≤ 1y	€414k
of which > 1y	€281k
Working capital	€168k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.41
Quick ratio	1.07
Working capital ratio	12.8%
Solvency	41.6%
Debt / equity	1.27
Long-term debt ratio	0.52
Interest coverage	33.32
Gross margin	-88.8%
Net margin	139.8%
ROA	4.8%
ROE	11.6%
EBITDA margin	289.9%
Days sales outstanding	868d
Days payable outstanding	81d
Inventory turnover	0.60
Days inventory (DSI)	606d

Balance-sheet composition 2024

Assets

Fixed assets €730k · 55.7% Current assets €582k · 44.4%

Equity & liabilities

Equity €545k · 41.6% Provisions €72k · 5.5% Debt €695k · 53.0%

Full annual accounts

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

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.31M
Fixed assets	21/28	€730k
Tangible fixed assets	22/27	€730k
Financial fixed assets	28	€161
Current assets	29/58	€582k
Stocks & contracts in progress	3	€141k
Amounts receivable within one year	40/41	€182k
Cash & bank	54/58	€259k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.31M
Equity	10/15	€545k
Contributions / capital	10/11	€150k
Reserves	13	€379k
Accumulated profits (losses)	14	€16k
Provisions & deferred taxes	16	€72k
Amounts payable	17/49	€695k
Amounts payable after one year	17	€281k
Amounts payable within one year	42/48	€414k
Trade debts payable within one year	44	€19k
Income statement
Turnover	70	€45k
Gross operating margin	9900	€135k
Operating result	9901	€87k
Financial income	75	€1k
Financial charges	65	€4k
Result before taxes	9903	€84k
Income taxes	67/77	€9k
Net result for the period	9904	€63k
Result to be appropriated	9905	€18k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 4 directors

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (25326044). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

Caroline MARECHAL
Director
State Gazette act 25326044 (15-04-2025)

Current
29-12-2023 → present
Denis MARECHAL
Director
State Gazette act 25326044 (15-04-2025)

Current
29-12-2023 → present
Guy MARECHAL
Director
State Gazette act 25326044 (15-04-2025)

Current
29-12-2023 → present
2 events
- 29-12-2023 Appointed· Director
- 29-12-2023 Appointed· Director (executive)

Former directors (1)

Marie-Claire LAVEAUX
Director
State Gazette act 25326044 (15-04-2025)

Former
- → 29-12-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Fokken en houden van schapen en geiten(01450)
Legal form	Public limited company(014)
Incorporation	14-10-1987
Status	Active
Postal code	6730

Establishment units 1 location

Rue de la Rulles,Ansart 58, 6730 Tintigny

Personenvervoer door de lucht

since 19962.030.952.445

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

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
85039A0707/00E000	Wallonia	1,820 m²	1 · 149 m²	12.1 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

31-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

15-04-2025

State Gazette act Director changes

Caroline RUELLE

2024

19-12-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

25-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

2022

31-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

17-05-2022

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

02-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

30-08-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

29-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

31-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

30-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2025

15-04-2025 4 directors appointed, 1 resigning Director changes·Caroline RUELLE

Caroline MARECHAL, Bestuurder
Denis MARECHAL, Bestuurder
Guy MARECHAL, Bestuurder
Guy MARECHAL, Directeur
Marie-Claire LAVEAUX, Bestuurder

Notary: Caroline RUELLE · Neufchâteau

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij01220Fokken van schapen en geiten01450Fokken en houden van schapen en geiten01450Bosbouw02011Bosbouw02100Bosbouw en bosbouwactiviteiten02100Diensten in verband met de veeteelt, exclusief veterinaire dienstverlening01420Ondersteunende activiteiten in verband met de veeteelt01620Ondersteunende activiteiten in verband met de veeteelt01620

Primary activity highlighted.

Names & trade names

Legal nameFR

ROYAL DELICE

Registered office

Rue de la Rulles,Ansart 58

6730 Tintigny, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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