Royal Logistics
ActiveRoyal Logistics has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-105k) and a net result of €-60k. Equity is shrinking by ~90.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 2831 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▼-9
Solvency8▼-13
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 12.5; short-term debt: 7.5% and cash: 94.1% of total assets), but equity is negative.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-16.7%
Return on assets
-9.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-105k
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 30-07-2025, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
1 d early
2022
158 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-105k▼ 131%
2023 · €-46k
2022: €-23k
2023: €-46k
2022 → 2024
Total assets
€632k▼ 45.3%
2023 · €1.16M
2022: €75k
2023: €1.16M
2022 → 2024
Net result
€-60k▼ 164%
2023 · €-23k
2022: €-24k
2023: €-23k
2022 → 2024
Working capital
€547k▼ 50.2%
2023 · €1.10M
2022: €812
2023: €1.10M
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-23k-€-46k▼ 99.1%€-105k▼ 131%
Operating result€-29k-€-23k▲ 21.6%€-60k▼ 164%
Net result€-24k-€-23k▲ 5.0%€-60k▼ 164%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €60k in 2024 against €23k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €632k
Fixed assets
€37k▼ 33.3%
Current assets
€595k▼ 45.9%
Key figures and ratios
EBITDA
€-41k▼
2023 · €-4k
Cash flow
€-41k▼
2023 · €-4k
Solvency
-16.7%▼
2023 · -3.9%
Current ratio
12.50
Quick ratio
12.50
Debt / equity
-6.99▲
2023 · -26.36
ROA
-9.5%▼
2023 · -2.0%
Interest coverage
-473.45▼
2023 · -119.69
Debt
€737k▼
2023 · €1.20M
Debt ≤ 1 year
€48k▲
2023 · €2k
Debt > 1 year
€690k▼
2023 · €1.20M
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€1.16M€632k▼
Fixed assets21/28€55k€37k▼
Intangible fixed assets21€55k€37k▼
Current assets29/58€1.10M€595k▼
Amounts receivable within one year40/41-€263
Other amounts receivable41-€263
Cash at bank and in hand54/58€1.10M€595k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€632k▼
Equity10/15€-46k€-105k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-47k€-106k▼
Amounts payable17/49€1.20M€737k▼
Amounts payable after more than one year17€1.20M€690k▼
Financial debts170/4€1.20M€690k▼
Amounts payable within one year42/48€2k€48k▲
Trade debts44€1k€48k▲
Suppliers440/4€1k€48k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k=
Other operating charges640/8€3k€1k▼
Gross operating margin9900€-1k€-40k▼
Operating profit (loss)9901€-23k€-60k▼
Financial charges65/66B€35€87▲
Recurring financial charges65€35€87▲
Profit (loss) for the period before taxes9903€-23k€-60k▼
Profit (loss) for the period9904€-23k€-60k▼
Profit (loss) for the period to be appropriated9905€-23k€-60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-106k▼
Profit (loss) brought forward from the previous period14P€-24k€-47k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 158 days late
2023
31-12
Financial
Liquidity times 144current ratio 467.07
Current ratio from 3.24 to 467.07.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2021
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.
Filip Williotstraat 92600 AntwerpenGround area
1.2 ha
Building footprint
3,657 m²
Volume, LiDAR
35,325 m³
Parcel 11003A0271/00V000, Flanders · tallest building 20.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Filip Williotstraat 9, 2600 Antwerpen
since 20212.321.111.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0271/00V000 | Flanders | 1.2 ha | 1 · 3,657 m² | 20.3 m · 3 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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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 16,874 companies in sector 62100 we hold annual accounts for 8,779.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
58290Other software publishing
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.