Royal Things

Active

Private limited companyfounded 201610 yrs activeKouterstraat 21, 3071 Kortenberg, BelgiumKBO/BCE: BE 0660.631.366

Royal Things has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €45k. Its solvency ranks better than 47% of 3451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

78 / 100

Excellent▼ -15 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency92▼-8

Growth32

Stability100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €15k at 30 days acceptable

Liquidity ample (current ratio 2.02 against 2.78 in 2024), but 52.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 74

Relative position

BE, all sectors

reference

Sector 74

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

47.2%

Return on assets

10.8%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

9 d early

2024

20 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€197k▼ 21.9%

2024 · €252k

2024: €252k

2024 → 2025

Total assets

€417k▲ 8.0%

2024 · €386k

2024: €386k

2024 → 2025

Net result

€45k▼ 31.6%

2024 · €66k

2024: €66k

2024 → 2025

Working capital

€175k▼ 26.6%

2024 · €239k

2024: €239k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€252k-€197k▼ 21.9%

Operating result€98k-€68k▼ 30.6%

Net result€66k-€45k▼ 31.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 31% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €417k

17.1%

82.9%

Fixed assets €71k▲ 437%

Current assets €346k▼ 7.2%

Equity and liabilities €417k

47.2%

52.8%

Equity €197k▼ 21.9%

Debt €221k▲ 64.1%

The debt ratio rises from 34.8% to 52.8%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€73k▼

2024 · €101k

Cash flow

€49k▼

2024 · €68k

Solvency

47.2%▼

2024 · 65.2%

Current ratio

2.02▼

2024 · 2.78

Quick ratio

0.70▼

2024 · 1.56

Debt / equity

1.12▲

2024 · 0.53

ROE

22.8%▼

2024 · 26.0%

ROA

10.8%▼

2024 · 17.0%

Interest coverage

6.70▼

2024 · 10.02

Debt

€221k▲

2024 · €134k

Debt ≤ 1 year

€171k▲

2024 · €134k

Debt > 1 year

€49k

Income taxes

€12k▼

2024 · €23k

Staff costs

€2k

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€386k€417k▲

Fixed assets21/28€13k€71k▲

Tangible fixed assets22/27€11k€69k▲

Plant, machinery and equipment23€1k€548▼

Furniture and vehicles24€2k€62k▲

Other tangible fixed assets26€8k€6k▼

Financial fixed assets28€2k€2k=

Current assets29/58€373k€346k▼

Stocks and contracts in progress3€163k€227k▲

Stocks30/36€163k€227k▲

Amounts receivable within one year40/41€27k€42k▲

Trade receivables40€7k€10k▲

Other amounts receivable41€20k€32k▲

Cash at bank and in hand54/58€179k€70k▼

Deferred charges and accrued income490/1€4k€7k▲

Equity and liabilities

Total equity and liabilities10/49€386k€417k▲

Equity10/15€252k€197k▼

Contributions10/11€3k€3k=

Reserves13€8k€8k=

Non-distributable reserves130/1€0-

Reserves not available under the articles1311€0-

Distributable reserves133€8k€8k=

Profit (loss) carried forward14€241k€186k▼

Amounts payable17/49€134k€221k▲

Amounts payable after more than one year17-€49k

Financial debts170/4-€49k

Amounts payable within one year42/48€134k€171k▲

Current portion of amounts payable after more than one year42-€12k

Trade debts44€13k€14k▲

Suppliers440/4€13k€14k▲

Taxes, remuneration and social security45€25k€26k▲

Taxes450/3€25k€21k▼

Remuneration and social security454/9-€5k

Other amounts payable47/48€97k€120k▲

Income statement Code20242025

Remuneration, social security and pensions62-€2k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲

Other operating charges640/8€5k€3k▼

Non-recurring operating charges66A-€-2k

Gross operating margin9900€105k€75k▼

Operating profit (loss)9901€98k€68k▼

Financial income75/76B€317€0▼

Recurring financial income75€317€0▼

Financial charges65/66B€10k€11k▲

Recurring financial charges65€10k€11k▲

Profit (loss) for the period before taxes9903€88k€57k▼

Income taxes67/77€23k€12k▼

Profit (loss) for the period9904€66k€45k▼

Profit (loss) for the period to be appropriated9905€66k€45k▼

Appropriation of the result

Profit (loss) to be appropriated9906€241k€286k▲

Profit (loss) brought forward from the previous period14P€176k€241k▲

Profit to be distributed694/7-€100k

Return on contributions (dividend)694-€100k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

11-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

under verification, no change since 2024

This board is reconstructed from a single act (24437057). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

DE KOSTER Louise

Non-statutory director · since 16-10-2024

Current

LAMBERT Diederick

Non-statutory director · since 16-10-2024

Current

VANDEVELDE Arend

Non-statutory director · since 16-10-2024

Current

16-10-2024 DE KOSTER Louise: Resigned as Niet statutair zaakvoerder

16-10-2024 DE KOSTER Louise: Appointed as Non-statutory director

16-10-2024 LAMBERT Diederick: Resigned as Statutair zaakvoerder