ROYAL EQUIPMENT
ActiveROYAL EQUIPMENT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €955k and a net result of €98k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 5988 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+3
Solvency64▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.58 in 2023; short-term debt: 60.4% and cash: 1.2% of total assets), and 60.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.1%
Return on assets
4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
32 d early
2022
19 d early
2021
23 d early
2020
24 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€98k▲ 184%
2023 · €35k
2018: €57k
2019: €86k
2020: €40k
2021: €100k
2022: €53k
2023: €35k
2018 → 2024
Working capital
€677k▲ 3.7%
2023 · €652k
2018: €574k
2019: €804k
2020: €755k
2021: €766k
2022: €671k
2023: €652k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€669k-€769k▲ 15.0%€821k▲ 6.8%€856k▲ 4.2%€955k▲ 11.5%
Operating result€75k-€143k▲ 90.4%€88k▼ 38.0%€61k▼ 30.9%€159k▲ 160%
Net result€40k-€100k▲ 149%€53k▼ 47.5%€35k▼ 34.1%€98k▲ 184%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 160% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.44M
Fixed assets
€291k▼ 14.0%
Current assets
€2.15M▲ 20.9%
Equity and liabilities €2.44M
Equity
€955k▲ 11.5%
Debt
€1.49M▲ 17.9%
The debt ratio rises from 59.6% to 60.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€211k▲
2023 · €112k
Cash flow
€151k▲
2023 · €85k
Solvency
39.1%▼
2023 · 40.4%
Current ratio
1.46▼
2023 · 1.58
Quick ratio
0.25▼
2023 · 0.37
Debt / equity
1.56▲
2023 · 1.47
ROE
10.3%▲
2023 · 4.0%
ROA
4.0%▲
2023 · 1.6%
Interest coverage
6.75▼
2023 · 6.98
Debt
€1.49M▲
2023 · €1.26M
Debt ≤ 1 year
€1.48M▲
2023 · €1.13M
Debt > 1 year
€13k▼
2023 · €134k
Income taxes
€29k▲
2023 · €11k
Staff costs
€50k▼
2023 · €51k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.12M€2.44M▲
Fixed assets21/28€338k€291k▼
Tangible fixed assets22/27€336k€289k▼
Land and buildings22€261k€240k▼
Plant, machinery and equipment23€34k€25k▼
Furniture and vehicles24€35k€19k▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.78M€2.15M▲
Stocks and contracts in progress3€1.37M€1.78M▲
Stocks30/36€1.37M€1.78M▲
Amounts receivable within one year40/41€391k€343k▼
Trade receivables40€324k€285k▼
Other amounts receivable41€67k€58k▼
Cash at bank and in hand54/58€23k€28k▲
Deferred charges and accrued income490/1€766-
Equity and liabilities
Total equity and liabilities10/49€2.12M€2.44M▲
Equity10/15€856k€955k▲
Contributions10/11€74k€74k=
Reserves13€782k€880k▲
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€774k€873k▲
Amounts payable17/49€1.26M€1.49M▲
Amounts payable after more than one year17€134k€13k▼
Financial debts170/4€134k€13k▼
Amounts payable within one year42/48€1.13M€1.48M▲
Current portion of amounts payable after more than one year42€313k€418k▲
Trade debts44€147k€220k▲
Suppliers440/4€147k€220k▲
Taxes, remuneration and social security45€273k€338k▲
Taxes450/3€13k€34k▲
Remuneration and social security454/9€260k€304k▲
Other amounts payable47/48€396k€499k▲
Income statement
Code20232024
Non-recurring operating income76A-€36k
Remuneration, social security and pensions62€51k€50k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€52k▲
Other operating charges640/8€14k€11k▼
Non-recurring operating charges66A€136€119▼
Gross operating margin9900€176k€272k▲
Operating profit (loss)9901€61k€159k▲
Financial income75/76B€280€29▼
Recurring financial income75€280€29▼
Financial charges65/66B€16k€31k▲
Recurring financial charges65€16k€31k▲
Profit (loss) for the period before taxes9903€45k€128k▲
Income taxes67/77€11k€29k▲
Profit (loss) for the period9904€35k€98k▲
Profit (loss) for the period to be appropriated9905€35k€98k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€98k▲
Transfer to equity691/2€35k€98k▲
To other reserves6921€35k€98k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €35k ▼34.1%
Net result drops to €35k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €100k ▲149%
Net result €100k, the highest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Willebroek · 1 establishment unit since 1992
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.
Breendonkstraat 3232830 WillebroekGround area
8,338 m²
Building footprint
453 m²
Volume, LiDAR
1,307 m³
Parcel 12036A0068/00K000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ROYAL EQUIPMENT
since 19922.050.410.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036A0068/00K000 | Flanders | 8,338 m² | 1 · 453 m² | 6.2 m · 1 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.
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FORTEM
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M Mobility
BE 0802.409.833
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LOUYET RENT
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Of 2,131 companies in sector 46711 we hold annual accounts for 1,126. 610 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded22-10-1990
Fiscal year end31-12
Activities, NACEBEL
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
50101
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.