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ROYALE

Open bankruptcy
Private limited companyfounded 2022Grote Markt(Kor) 45, 8500 Kortrijk, BelgiumKBO/BCE: BE 0781.655.001

A bankruptcy procedure is open for ROYALE according to publications in the Belgian State Gazette; curator: PHILIP GHEKIERE.

Summary

The 2022 annual accounts show negative equity (-€72,276) and a net result of -€75,276.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
19 March 2024
Supervising judge
Pieter De Smet
Official Gazette
08-04-2024 (pdf) ↗search the document for 2024/114409

Deadlines

Provisional date payments stopped
19 March 2024A later judgment can change the date.art. XX.105 CEL
File the claim in RegSol until
passed on 18 April 2024art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 23 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 7 May 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 19 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-07-2023, 11 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2022
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 11 days before the deadline; the sector median for financial year 2022 is 16 days after the deadline, and 56% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

ROYALE was incorporated on 7 February 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2 On 19 March 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 08-04-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€72,276
Total assets
€101,476
Net result
-€75,276
Working capital
-€45,784

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

Balance-sheet composition
Assets €100,576
Fixed assets €68,465
Current assets €32,110
Key figures and ratios
2022 value
EBITDA
-€61,572
Cash flow
-€66,394
Solvency
-71.2%
Current ratio
0.41
Quick ratio
0.34
Debt to equity
-2.40
ROA
-74.2%
Interest coverage
-12.59
Debt
€173,752
Debt ≤ 1 year
€77,895
Debt > 1 year
€95,858
Staff costs
€117,896
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 42 lines
Balance sheet Code2022
Assets
Total assets20/58€101,476
Formation expenses20€900
Fixed assets21/28€68,465
Intangible fixed assets21€13,750
Tangible fixed assets22/27€54,715
Plant, machinery and equipment23€54,715
Current assets29/58€32,110
Stocks and contracts in progress3€5,413
Stocks30/36€5,413
Amounts receivable within one year40/41€3,328
Other amounts receivable41€3,328
Cash at bank and in hand54/58€23,303
Deferred charges and accrued income490/1€67
Equity and liabilities
Total equity and liabilities10/49€101,476
Equity10/15-€72,276
Contributions10/11€3,000
Profit (loss) carried forward14-€75,276
Amounts payable17/49€173,752
Amounts payable after more than one year17€95,858
Financial debts170/4€95,858
Amounts payable within one year42/48€77,895
Current portion of amounts payable after more than one year42€19,523
Financial debts43€23,089
Credit institutions430/8€23,089
Trade debts44€20,789
Suppliers440/4€20,789
Taxes, remuneration and social security45€14,494
Taxes450/3€10,110
Remuneration and social security454/9€4,384
Income statement Code2022
Remuneration, social security and pensions62€117,896
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,883
Other operating charges640/8€110
Gross operating margin9900€56,433
Operating profit (loss)9901-€70,455
Financial income75/76B€69
Recurring financial income75€69
Financial charges65/66B€4,890
Recurring financial charges65€4,890
Profit (loss) for the period before taxes9903-€75,276
Profit (loss) for the period9904-€75,276
Profit (loss) for the period to be appropriated9905-€75,276
Appropriation of the result
Profit (loss) to be appropriated9906-€75,276

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Remuneration, social security and pensions62€117,896
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,883
Other operating charges640/8€110
Gross operating margin9900€56,433
Operating profit (loss)9901-€70,455
Financial income75/76B€69
Recurring financial income75€69
Financial charges65/66B€4,890
Recurring financial charges65€4,890
Profit (loss) for the period before taxes9903-€75,276
Profit (loss) for the period9904-€75,276
Profit (loss) for the period to be appropriated9905-€75,276
Line2022
Assets
Total assets20/58€101,476
Formation expenses20€900
Fixed assets21/28€68,465
Intangible fixed assets21€13,750
Tangible fixed assets22/27€54,715
Plant, machinery and equipment23€54,715
Current assets29/58€32,110
Stocks and contracts in progress3€5,413
Stocks30/36€5,413
Amounts receivable within one year40/41€3,328
Other amounts receivable41€3,328
Cash at bank and in hand54/58€23,303
Deferred charges and accrued income490/1€67
Equity and liabilities
Total equity and liabilities10/49€101,476
Equity10/15-€72,276
Contributions10/11€3,000
Profit (loss) carried forward14-€75,276
Amounts payable17/49€173,752
Amounts payable after more than one year17€95,858
Financial debts170/4€95,858
Amounts payable within one year42/48€77,895
Current portion of amounts payable after more than one year42€19,523
Financial debts43€23,089
Credit institutions430/8€23,089
Trade debts44€20,789
Suppliers440/4€20,789
Taxes, remuneration and social security45€14,494
Taxes450/3€10,110
Remuneration and social security454/9€4,384
Line2022
Profit (loss) for the period9904-€75,276
+ Depreciation and write-downs630€8,883
Operating cash flow (approximation)-€66,394

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
08-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 19-03-2024
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Kortrijk · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
142 m²
Building footprint
142 m²
Volume, LiDAR
2,482 m³
Parcel 34022G0352/00B000, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ROYALE
Grote Markt(Kor) 45, 8500 KortrijkFull-service restaurants
since 20222.327.557.659
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34022G0352/00B000 Flanders 142 m² 1 · 142 m² 21.8 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PHILIP GHEKIERE
KONING ALBERTSTRAAT 24 BUS 1, 8500 KORTRIJK
19-03-2024 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56220Contract catering and other food service activities
Contact
E-mail royale.kortrijk@gmail.comKortrijk
Phone +32488500671Kortrijk
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.