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ROYAL FLOORING

Active Public limited companyfounded 2003active for 23 yearsLuipaardstraat 12, 8500 KortrijkKBO/BCE: BE 0479.604.622

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €294,897 (2024)
€120,133▼ 59.3%
lowest -€111,025 (2022)
-€85,894▼ €101,686
peak €320,410 (2016)
€28,570▼ 75.0%
€661,539▲ 16.1%
peak 2 FTE (2022)
1 FTEunchanged
Board6 names since 2015
4 directors and 3 others
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €294,897 to €120,133Loss of €85,8941 director appointed, 1 resignation, 2 reappointments 18-03Equity from €114,464 to €28,570Debts from €569,561 to €661,539Cash from €201,278 to €58,928

Key points

from the 2025 annual accounts

Equity

€28,570 from €320,410 in 2016

Equity fell by 91% in 9 years.

Result

-€85,894 -€85,894
€15,8002024-€85,9002025

From profit to loss in 2025, after a profit of €15,792 in 2024.

Debts

€661,539 96% of the balance sheet
Financial debts 60%Suppliers 36%Taxes and wages 2%Other 2%

Of this, €657,673 falls due within a year.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 14 to 41 days before the end of the period.

Board

3 left

Directors left. Latest change 10-03-2026 · 1 in office.

Position in the sector

-€85,894

Lower net result than 90% of companies in wholesale trade. Sector median €38,102 · 10,735 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 540 companies had the same profile as ROYAL FLOORING has now. Each dot stands for 2 companies, two years later.

85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 540 companies, not a prediction for ROYAL FLOORING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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Signals

Board and ownership

Director,
Board & ownership

Recent changes

1 director appointed, 3 resignations Resignations: , and · Appointment: · Permanent representative: · General meeting of 29-10-2025 · Gazette deed
1 director appointed, 1 resignation, 2 reappointments Reappointments: and · Appointment: · Permanent representative: · Gazette deed
Reappointments: (managing director and chair of the board) and (director) General meeting of 09-10-2023 · Gazette deed
Registered office moved within Kortrijk New registered office: Luipaardstraat, 12 8500 Kortrijk · Previous registered office: Walle, 113 8500 Kortrijk · Board meeting of 30-11-2021 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
ROYAL FLOORING Kortrijk €0.7m €120,133 4.1% 1
HOME PHILOSOPHIES Mol €0.4m €107,526 90.4% 1
DEVADECOR Les Bons Villers €1.1m €173,614 52.6% 1
LA GARNERIE Antwerp €0.6m €229,503 34.3% 1.6
Relax Company Olen €0.5m €206,150 -21.5% 0.8
EURO - DECO Zoersel €0.8m €90,172 69.2% 0.8
WINZO INTERNATIONAL Hamont-Achel €0.6m €153,672 87.7% 1.6

These companies have the same main activity as ROYAL FLOORING: wholesale of non-electrical household articles (NACE 46494). They are comparable in size and age: total assets between €360,000 and €1.1m, founded between 1998 and 2005.

Official details

Source: KBO
Status
Active since 20-02-2003Normal situation
Activity
Wholesale of non-electrical household articlesNACE 46494and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.126.451.7178500 Kortrijk, since 12-03-2003
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

≈ €630,000estimated
€690,109▲ 0.9%
Employeeson 31-12-2025
1=
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on ROYAL FLOORING

ROYAL FLOORING files the abbreviated format. That format states no turnover. The gross margin fell from €180,321 in 2006 to €120,133 in 2025.

In March 2026, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ROYAL FLOORING

What is the company number of ROYAL FLOORING?
The company number of ROYAL FLOORING is 0479.604.622. The VAT number is the same number with BE in front: BE 0479.604.622.
Where is ROYAL FLOORING based?
The registered office is at Luipaardstraat 12, 8500 Kortrijk.Company details
What does ROYAL FLOORING do?
According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
What is the legal form of ROYAL FLOORING?
ROYAL FLOORING is a public limited company (NV).
When was ROYAL FLOORING founded?
ROYAL FLOORING was founded on 20-02-2003.
Is ROYAL FLOORING still active?
Yes, ROYAL FLOORING is an active enterprise in the KBO register.
How many employees does ROYAL FLOORING have?
ROYAL FLOORING had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ROYAL FLOORING fall under?
In its 2025 annual accounts, ROYAL FLOORING states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ROYAL FLOORING?
The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €120,133 and 86 comparable companies (NACE 46). It probably lies between €290,000 and €1.1m.
Is ROYAL FLOORING profitable?
In financial year 2025, ROYAL FLOORING made a loss of €85,894.
Where can I find the annual accounts of ROYAL FLOORING?
ROYAL FLOORING filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ROYAL FLOORING due?
ROYAL FLOORING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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