ROYAL STAR
ActiveFor ROYAL STAR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €156k and a net result of €-253k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 35% of 214 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-28
Solvency55▼-16
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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
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 2023Solvency, return and age of the figures
Solvency
30%
Return on assets
-48.6%
Age of the figures
33 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 9 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-02-2026, 566 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
566 d late
2022
70 d late
2021
19 d early
2020
61 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Turnover
€161k
EBIT margin
-146.2%
Net result
€-253k▼ 642%
2022 · €-34k
2018: €162k
2019: €182k
2020: €2k
2021: €43k
2022: €-34k
2018 → 2023
Working capital
€156k▼ 61.8%
2022 · €409k
2018: €216k
2019: €398k
2020: €400k
2021: €445k
2022: €409k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€161k
Equity€398k-€400k▲ 0.6%€444k▲ 10.8%€409k▼ 7.7%€156k▼ 61.8%
Operating result€236k-€18k▼ 92.5%€48k▲ 174%€-53k€-236k▼ 348%
Net result€182k-€2k▼ 98.8%€43k▲ 1,818%€-34k€-253k▼ 642%
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 €236k in 2023 against €53k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €521k
Equity
€156k▼ 61.8%
Debt
€365k▼ 25.3%
The debt ratio rises from 54.4% to 70.0%. Equity and debt are lower.
Key figures and ratios
Solvency
30.0%▼
2022 · 45.6%
Current ratio
1.43▼
2022 · 1.84
Quick ratio
0.17▼
2022 · 0.49
Debt / equity
2.33▲
2022 · 1.19
ROE
-161.9%▼
2022 · -8.3%
ROA
-48.6%▼
2022 · -3.8%
Debt
€365k▼
2022 · €489k
Debt ≤ 1 year
€365k▼
2022 · €489k
Income taxes
€5k▲
2022 · €-11k
Staff costs
€283▼
2022 · €12k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€898k€521k▼
Current assets29/58€898k€521k▼
Stocks and contracts in progress3€657k€458k▼
Stocks30/36€657k€458k▼
Amounts receivable within one year40/41€168k€60k▼
Trade receivables40€147k€40k▼
Other amounts receivable41€22k€20k▼
Cash at bank and in hand54/58€72k€3k▼
Deferred charges and accrued income490/1€684-
Equity and liabilities
Total equity and liabilities10/49€898k€521k▼
Equity10/15€409k€156k▼
Contributions10/11€19k€19k=
Reserves13€425k€425k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€423k€423k=
Profit (loss) carried forward14€-34k€-287k▼
Amounts payable17/49€489k€365k▼
Amounts payable within one year42/48€489k€365k▼
Trade debts44€185k€57k▼
Suppliers440/4€185k€57k▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€294k€300k▲
Income statement
Code20222023
Turnover70-€161k
Goods, raw materials, services and sundry goods60/61-€202k
Remuneration, social security and pensions62€12k€283▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€193k
Other operating charges640/8-€3k
Gross operating margin9900€-41k€-40k▲
Operating profit (loss)9901€-53k€-236k▼
Financial income75/76B€17k€7k▼
Recurring financial income75€17k€7k▼
Financial charges65/66B€10k€18k▲
Recurring financial charges65€10k€18k▲
Profit (loss) for the period before taxes9903€-45k€-248k▼
Income taxes67/77€-11k€5k▲
Profit (loss) for the period9904€-34k€-253k▼
Profit (loss) for the period to be appropriated9905€-34k€-253k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-287k▼
Profit (loss) brought forward from the previous period14P-€-34k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 566 days late
2023
31-12
Financial
Weakest financial yearnet €-253k
Net result drops to €-253k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €182k ▲12.6%
Operating result €236k, net result €182k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Edegem · 1 establishment unit since 2014
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.
Jachtlaan 702650 EdegemGround area
623 m²
Building footprint
407 m²
Volume, LiDAR
5,724 m³
2 parcels, Flanders · tallest building 23.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
ROYAL STAR BVBA
since 20142.228.846.402
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1250/00C010 | Flanders | 313 m² | 1 · 282 m² | 23.2 m · 7 fl. |
| 11013A0009/00M002 | Flanders | 310 m² | 1 · 125 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 155 companies in sector 32121 we hold annual accounts for 82. 45 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2014
Fiscal year end31-12
Activities, NACEBEL
32121Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.