ROYALE
A bankruptcy procedure is open for ROYALE according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-72k) and a net result of €-75k.
| Equity | €-72k |
| Net result | €-75k |
| Staff (FTE) | 3.9 |
| Better than sector | 13% |
Fragile profile, watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -71.2% | 16.6% | |
| Net result | €-75k | €756 | |
| Equity | €-72k | €10k | |
| Gross operating margin | €56k | €35k | |
| Staff costs | €118k | €40k |
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €-62k |
| Net profit | €-75k |
| Cash flow | €-66k |
| Staff costs | €118k |
| Income taxes | - |
| Dividends | - |
| Total assets | €101k |
| Equity | €-72k |
| Debt | €174k |
| of which ≤ 1y | €78k |
| of which > 1y | €96k |
| Working capital | €-46k |
| Employees (FTE) | 3.9 |
| 2022 | |
|---|---|
| Current ratio | 0.41 |
| Quick ratio | 0.34 |
| Working capital ratio | -45.1% |
| Solvency | -71.2% |
| Debt / equity | -2.40 |
| Long-term debt ratio | -1.33 |
| Interest coverage | -12.59 |
| Gross margin | - |
| Net margin | - |
| ROA | -74.2% |
| ROE | 104.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €101k |
| Fixed assets | 21/28 | €68k |
| Formation expenses | 20 | €900 |
| Intangible fixed assets | 21 | €14k |
| Tangible fixed assets | 22/27 | €55k |
| Current assets | 29/58 | €32k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €23k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €101k |
| Equity | 10/15 | €-72k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-75k |
| Amounts payable | 17/49 | €174k |
| Amounts payable after one year | 17 | €96k |
| Amounts payable within one year | 42/48 | €78k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Gross operating margin | 9900 | €56k |
| Operating result | 9901 | €-70k |
| Financial income | 75 | €69 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-75k |
| Net result for the period | 9904 | €-75k |
| Result to be appropriated | 9905 | €-75k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PHILIP GHEKIERE KONING ALBERTSTRAAT 24 BUS 1,
8500 KORTRIJK |
19-03-2024 → present | Belgian State Gazette |
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 07-02-2022 |
| Status | Active |
| Postal code | 8500 |
| First BS signal | 08-04-2024 |
| Latest BS signal | 08-04-2024 |
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. |
|---|---|---|---|---|
| 34022G0352/00B000 | Flanders | 142 m² | 1 · 142 m² | 21.8 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-02-2024 2 resigning
- Pogosian Vatchagan, Bestuurder
- Pogosian Levon, Bestuurder
Technical details
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"effective_date": "2023-11-20",
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}11-07-2022 1 director appointed, 1 resigning
- Pogosian Levon, Bestuurder
- Oganesian Pagos, Bestuurder
Technical details
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"effective_date": "2022-06-13",
"evidence_quote": "Met \u00E9\u00E9nparigheid van stemmen ontslaat de algemene vergadering vanaf heden 13/06/2022 de volgende bestuurder: De heer Oganesian Pagos, wonende te 8560 Wevelgem, Roodbaardstraat 12.",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ROYALE |