ROYAL STAR
The computed 12-month bankruptcy probability of ROYAL STAR is 0.7% (low). 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 45% of 31 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €156k |
| Net result | €-253k |
| Better than sector | 45% |
| Active | 12 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.0% | 37.0% | |
| Net result | €-253k | €12k | |
| Equity | €156k | €203k | |
| Gross operating margin | €-40k | €122k | |
| Total assets | €521k | €650k |
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | €161k |
| EBITDA | - |
| Net profit | €-253k |
| Cash flow | - |
| Staff costs | €283 |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €521k |
| Equity | €156k |
| Debt | €365k |
| of which ≤ 1y | €365k |
| of which > 1y | - |
| Working capital | €156k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.43 |
| Quick ratio | 0.17 |
| Working capital ratio | 30.0% |
| Solvency | 30.0% |
| Debt / equity | 2.33 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | -25.0% |
| Net margin | -156.8% |
| ROA | -48.6% |
| ROE | -161.9% |
| EBITDA margin | - |
| Days sales outstanding | 90d |
| Days payable outstanding | 104d |
| Inventory turnover | 0.44 |
| Days inventory (DSI) | 828d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €521k |
| Current assets | 29/58 | €521k |
| Stocks & contracts in progress | 3 | €458k |
| Amounts receivable within one year | 40/41 | €60k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €521k |
| Equity | 10/15 | €156k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €425k |
| Accumulated profits (losses) | 14 | €-287k |
| Amounts payable | 17/49 | €365k |
| Amounts payable within one year | 42/48 | €365k |
| Trade debts payable within one year | 44 | €57k |
| Income statement | ||
| Turnover | 70 | €161k |
| Gross operating margin | 9900 | €-40k |
| Operating result | 9901 | €-236k |
| Financial income | 75 | €7k |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €-248k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €-253k |
| Result to be appropriated | 9905 | €-253k |
Former directors (2)
-
Rushang LangaliaDirectorState Gazette act 24051850 (27-03-2024)Former- → 02-01-2024
-
Jogani SamirDirectorState Gazette act 23030753 (02-03-2023)Former- → 30-12-2022
| NACE primary | Bewerken van diamant(32121) |
| Legal form | Private limited company(610) |
| Incorporation | 27-03-2014 |
| Status | Active |
| Postal code | 2650 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| 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. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-03-2024 Rushang Langalia resigns as director
- Rushang Langalia, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Rushang Langalia",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-01-02",
"evidence_quote": "De algemene vergadering neemt kennis en aanvaardt met eenparigheid van stemmen de ontslag van dhr Rushang Langalia als bestuurder. Dit per 2 januari 2024",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-27",
"filing_date": "2024-03-05",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-01-02",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0549.821.140",
"name_full": "ROYAL STAR",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Mehta Chirag",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}11-07-2023 Registered office moved
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "combined",
"new_address": null,
"old_address": {
"raw": "Nervi\u00EBrstraat 22, bus 4, 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Nervi\u00EBrstraat",
"country": "BE",
"postcode": "2018",
"box_number": "4",
"street_number": "22",
"locality_suffix": null
},
"effective_date": "2023-04-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-07-11",
"filing_date": "2023-06-28",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2023-06-28",
"unanimous": null
},
"subject_company": {
"kbo": "0549.821.140",
"name_full": "ROYAL STAR",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Mehta Chirag",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 11/07/2023 - Annexes du Moniteur belge"
]
}02-03-2023 Jogani Samir resigns as director
- Jogani Samir, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jogani Samir",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-12-30",
"evidence_quote": "De algemene vegadering neemt kennis en aanvaardt met eenparigheid van stemmen het ontslag van de heer Jogani Samir als bestuurder. Dit per 30/12/2022.Hem wordt geen kwijting verleend.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-03-02",
"filing_date": "2023-02-16",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-12-30",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0549.821.140",
"name_full": "ROYAL STAR",
"legal_form": "BESLOTEN VENNOOTSCHA\u0420"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Mehta Chirag",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ROYAL STAR |