ROYALE
ActiveSummary
ROYALE has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €584,097 and a net result of -€54,355. Equity remains stable across the filed financial years (±1.4% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ROYALE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, overbrenging naar tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied door eenvoudige beslissing bestuursorgaan met…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Instemming enige bestuurder vereist voor ontslag, ontslag enige bestuurder” (deed in Dutch)“1, enige bestuurder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals bij wijziging statuten” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle wettelijk voorziene verrichtingen tenzij algemene vergadering bij gewone meerderheid of meerderheid anders beslist, één of meer…” (deed in Dutch)