ROYAL OREE
ActiveROYAL OREE has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €715k and a net result of €-136k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 59% of 422 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-30
Solvency66▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.88 in 2024; short-term debt: 40.4% and cash: 15.3% of total assets), and 59% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-136k
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 17-12-2025, 104 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
104 d early
2024
73 d early
2023
80 d early
2022
35 d early
2021
101 d early
2020
79 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close23-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-136k▼ 190%
2024 · €-47k
2019: €33k
2020: €-8k
2021: €74k
2022: €27k
2023: €-39k
2024: €-47k
2019 → 2025
Working capital
€-117k▼ 40.3%
2024 · €-83k
2019: €-255k
2020: €-233k
2021: €-62k
2022: €14k
2023: €48k
2024: €-83k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€933k-€955k▲ 2.3%€910k▼ 4.7%€857k▼ 5.8%€715k▼ 16.6%
Operating result€82k-€41k▼ 50.7%€-29k€-29k▲ 0.8%€-118k▼ 305%
Net result€74k-€27k▼ 63.2%€-39k€-47k▼ 20.2%€-136k▼ 190%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €118k in 2025 against €29k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets
€1.16M▼ 13.4%
Current assets
€587k▼ 5.1%
Equity and liabilities €1.74M
Equity
€715k▼ 16.6%
Debt
€1.03M▼ 6.2%
The debt ratio rises from 56.1% to 59.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€75k▼
2024 · €140k
Cash flow
€57k▼
2024 · €122k
Solvency
41.0%▼
2024 · 43.9%
Current ratio
0.83▼
2024 · 0.88
Quick ratio
0.79▼
2024 · 0.84
Debt / equity
1.44▲
2024 · 1.28
ROE
-19.1%▼
2024 · -5.5%
ROA
-7.8%▼
2024 · -2.4%
Interest coverage
3.18▼
2024 · 5.94
Debt
€1.03M▼
2024 · €1.10M
Debt ≤ 1 year
€704k▲
2024 · €702k
Debt > 1 year
€323k▼
2024 · €394k
Income taxes
€493▼
2024 · €662
Staff costs
€459k▼
2024 · €510k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.95M€1.74M▼
Fixed assets21/28€1.33M€1.16M▼
Tangible fixed assets22/27€1.33M€1.15M▼
Land and buildings22€948k€893k▼
Plant, machinery and equipment23€367k€251k▼
Furniture and vehicles24€14k€10k▼
Financial fixed assets28€5k€3k▼
Current assets29/58€619k€587k▼
Stocks and contracts in progress3€29k€31k▲
Stocks30/36€29k€31k▲
Amounts receivable within one year40/41€289k€277k▼
Trade receivables40€289k€274k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€297k€267k▼
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.95M€1.74M▼
Equity10/15€857k€715k▼
Contributions10/11€708k€708k=
Capital10€708k€708k=
Profit (loss) carried forward14€143k€6k▼
Investment grants15€6k-
Amounts payable17/49€1.10M€1.03M▼
Amounts payable after more than one year17€394k€323k▼
Financial debts170/4€394k€323k▼
Amounts payable within one year42/48€702k€704k▲
Current portion of amounts payable after more than one year42€87k€70k▼
Trade debts44€580k€601k▲
Suppliers440/4€580k€601k▲
Taxes, remuneration and social security45€35k€33k▼
Taxes450/3€3k€19k▲
Remuneration and social security454/9€32k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€510k€459k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169k€193k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-20k€7k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€637k€548k▼
Operating profit (loss)9901€-29k€-118k▼
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€24k€24k▼
Recurring financial charges65€24k€24k▼
Profit (loss) for the period before taxes9903€-46k€-136k▼
Income taxes67/77€662€493▼
Profit (loss) for the period9904€-47k€-136k▼
Profit (loss) for the period to be appropriated9905€-47k€-136k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€6k▼
Profit (loss) brought forward from the previous period14P€190k€143k▼
Social balance
Average headcount (FTE)908713.212.2▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-08
Financial
Weakest financial yearnet €-136k
Net result drops to €-136k, the lowest in the series.
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-08
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 53 days late
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-11-2025
BOONEN Didier: Resigned as Director
26-11-2025
LIEGEOIS Sophie: Resigned as Director
26-11-2025
VERTESSEN Didier: Resigned as Director
19-03-2025
de FRANCQUEN Thibault: Resigned as Director
19-03-2025
MAGDALIJNS Christophe: Resigned as Director
09-02-2024
HUBLET Dimitri: Resigned as Director
30-11-2022
Isabelle FRANKIGNOULLE: Resigned as Director
27-07-2022
WALCKIERS Geoffroy: Resigned as Director
14-02-2020
HANSEN Olivier: Resigned as Director
14-02-2020
VAN COTTEM Benoit: Resigned as Director
14-02-2020
VERWILGHEN Sébastien: Resigned as Director
28-11-2018
Alain LABAERE: Resigned as Director
28-11-2018
Claudia PACITTI: Resigned as Director
28-11-2018
David DIELTJENS: Resigned as Director
20-09-2017
WALCKIERS Quentin: Resigned as Director
20-02-2017
DE BOCK Thierry: Resigned as Director
20-02-2017
MOUMAL Xavier: Resigned as Director
31-05-2016
Isabelle FRANKIGNOULLE: Resigned as Director
31-05-2016
Magdalijns Vincent: Resigned as Director
31-05-2016
Muller Stéphane: Resigned as Director
31-05-2016
Thisse Philippe: Resigned as Director
31-05-2016
Wolter Benoît: Resigned as Director
22-10-2014
LIEGEOIS Sophie: Resigned as Director
22-10-2014
JACQUEMIN Gaëtan: Resigned as Director
+ 7 not shown in this overview
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2008
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.
Verbrandendreef 591150 Sint-Pieters-WoluweGround area
730 m²
Building footprint
516 m²
Volume, LiDAR
2,897 m³
Parcel 21682C0183/00L002, Brussels · tallest building 17.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Royal Orée Tennis Hockey Bridge
since 20082.196.073.565
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0183/00L002 ProtectedSite or landscapeZoniënwoud op het grondgebied van Sint-Pieters-Woluwe |
Brussels | 730 m² | 1 · 516 m² | 17.4 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Statutory auditor
1 auditor| WALCKIERS Quentin Statutory auditor | - → 20-09-2017 |
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2023 · 2 entries · 6,455 EUR in total| Year | Entries | paid |
|---|---|---|
| 2023 | 1 | 5,455 EUR |
| 2021 | 1 | 1,000 EUR |
Budget allocations
Subventions pour l'achat de matériel sportif par les fédérations sportives, les clubs y affiliés, etc
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,495. 947 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded19-06-1969
Fiscal year end31-08
Abbreviation FR
Royal Orée T.H.B.
Activities, NACEBEL
92613
93110Operation of sports facilities
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.