ROYAL DRINK STORAGE

Active

Private limited company (pre-2019)founded 201511 yrs activeElfnovemberstraat 8, 9030 Gent, BelgiumKBO/BCE: BE 0633.901.829

Summary

The computed 12-month bankruptcy probability of ROYAL DRINK STORAGE is 13.2% (high). For ROYAL DRINK STORAGE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€84,958) and a net result of -€163. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ROYAL DRINK STORAGEActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€77,371total assets 2022

Equity: -€84,958
Loss: -€163

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 13.2%

2022 figures too old to score

Structure

Accounts 794 d overdue0 of 2 deeds read

Signals- Figures for FY 2022 (filed 04-09-2023)- No filing in 24 months (latest 04-09-2023)- 3 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late- Two or more financial years not filed+ Size: total assets €77,371Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2020

Weak

Solvency 0=

equity -109.8% of total assets

Liquidity 0=

short-term debt 209.8%

Profitability 37=

return on assets -0.2%

Bankruptcy probability, 12 months

13.2% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 6.0%lowest value 12-2024: 7.6%▲ +25.8% vs 11-2024 01-2025: 10.0%▲ +31.6% vs 12-2024 02-2025: 10.0%● 0.0% vs 01-2025 03-2025: 10.3%▲ +3.1% vs 02-2025 04-2025: 9.9%▼ -3.6% vs 03-2025 05-2025: 10.0%▲ +1.6% vs 04-2025 06-2025: 9.9%▼ -1.5% vs 05-2025 07-2025: 9.9%● 0.0% vs 06-2025 08-2025: 10.3%▲ +4.2% vs 07-2025 09-2025: 10.3%▼ -0.4% vs 08-2025 10-2025: 13.9%▲ +35.5% vs 09-2025highest value 11-2025: 13.9%● 0.0% vs 10-2025highest value 12-2025: 13.9%● 0.0% vs 11-2025highest value 01-2026: 13.7%▼ -1.5% vs 12-2025 02-2026: 13.5%▼ -1.5% vs 01-2026 03-2026: 13.5%● 0.0% vs 02-2026 04-2026: 13.5%▼ -0.3% vs 03-2026 05-2026: 13.6%▲ +1.2% vs 04-2026 06-2026: 13.6%● 0.0% vs 05-2026 07-2026: 13.6%● 0.0% vs 06-2026 08-2026: 13.2%▼ -3.2% vs 07-2026 09-2026: 13.2%● 0.0% vs 08-2026 10-2026: 13.2%● 0.0% vs 09-2026

Figures for FY 2022 (filed 04-09-2023) raises the probability
No filing in 24 months (latest 04-09-2023) raises the probability
3 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late raises the probability
Size: total assets €77,371 lowers the probability for this profile

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2022 (filed 04-09-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

No filing in 24 months (latest 04-09-2023)

In the bankruptcy model this factor raises the probability.

NBB · filings

3 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Size: total assets €77,371

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 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 · 4 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline03-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

31 d late

2020

293 d late

2017

25 d late

2016

92 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 110 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage