ROYAN BAR

Bankruptcy

Private limited company (pre-2019)founded 2008KBO/BCE: BE 0807.260.625

Summary

The KBO register records for ROYAN BAR the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2012 annual accounts show equity of €19,221 and a net result of -€4,302.

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ROYAN BARBankruptcy

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Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

Do not deliver on credit any more without an agreement with the curator.
Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
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.
Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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

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

+raises risk○neutral

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

Latest accounts filed on time

The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 11-07-2013, 20 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

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

On 16 October 2008, ROYAN BAR was incorporated.¹ Revenue went from EUR 56,537 in 2010 to EUR 122,581 in 2012.²

Go further with this company

Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment

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

Financials · fiscal year 2012, full schema

Turnover

€122,581▼ 13.8%

2011 · €142,228

EBIT margin

-3.3%▼ 5.0pp

2011 · 1.7%

Net result

-€4,302

2011 · €2,727

Working capital

€18,094▼ 18.8%

2011 · €22,271

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line2009201020112012

Turnover€56,537€142,228▲ 152%€122,581▼ 13.8%

Operating result€3,563--€1,307€2,366-€4,083

Net result€3,563--€1,367€2,727-€4,302

EBIT margin-2.3%1.7%▲ 4.0pp-3.3%▼ 5.0pp

Equity€9,825-€11,538▲ 17.4%€23,523▲ 104%€19,221▼ 18.3%

Total assets€10,197-€12,561▲ 23.2%€24,863▲ 97.9%€23,745▼ 4.5%

Debt€372-€1,023▲ 175%€1,340▲ 31.0%€4,524▲ 238%

Working capital€8,455-€10,284▲ 21.6%€22,271▲ 117%€18,094▼ 18.8%

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2012: a loss of €4,083 after €2,366 in 2011, the lowest result in the available series.

Balance-sheet composition

2012 in colour, 2011 as the grey bar beneath

Assets €23,745

95.3%

Fixed assets €1,127 ▼ 10.0%

Current assets €22,618 ▼ 4.2%

Equity and liabilities €23,745

80.9%

19.1%

Equity €19,221 ▼ 18.3%

Debt €4,524 ▲ 238%

Debt's share of the balance-sheet total rises from 5.4% to 19.1%. Equity is lower and debt is higher.

Key figures and ratios

2012 value · change against 2011

EBITDA

-€3,214▼

2011 · €3,111

Cash flow

-€3,433▼

2011 · €3,472

Current ratio

5.00▼

2011 · 17.62

Quick ratio

4.09▼

2011 · 13.77

ROE

-22.4%▼

2011 · 11.6%

ROA

-18.1%▼

2011 · 11.0%

Debt ≤ 1 year

€4,524▲

2011 · €1,340

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2012 against 2011 · 24 lines

Balance sheet Code20112012

Assets

Total assets20/58€24,863€23,745▼

Fixed assets21/28€1,252€1,127▼

Tangible fixed assets22/27€1,202€1,077▼

Financial fixed assets28€50€50=

Current assets29/58€23,611€22,618▼

Stocks and contracts in progress3€5,154€4,098▼

Amounts receivable within one year40/41€9,583€15,703▲

Cash at bank and in hand54/58€8,874€2,817▼

Equity and liabilities

Total equity and liabilities10/49€24,863€23,745▼

Equity10/15€23,523€19,221▼

Contributions10/11€18,600€18,600=

Reserves13€178€178=

Profit (loss) carried forward14€4,745€443▼

Amounts payable17/49€1,340€4,524▲

Amounts payable within one year42/48€1,340€4,524▲

Trade debts44€379€91▼

Income statement Code20112012

Turnover70€142,228€122,581▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€745€869▲

Gross operating margin9900€11,846€43,373▲

Operating profit (loss)9901€2,366-€4,083▼

Recurring financial charges65€40€204▲

Profit (loss) for the period before taxes9903€2,727-€4,302▼

Profit (loss) for the period9904€2,727-€4,302▼

Profit (loss) for the period to be appropriated9905€2,727-€4,302▼

Line	2009	2010	2011	2012	Change
Turnover70	-	€56,537	€142,228	€122,581	▼ 13.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€373	€538	€745	€869	▲ 16.6%
Gross operating margin9900	€3,936	€278	€11,846	€43,373	▲ 266%
Operating profit (loss)9901	€3,563	-€1,307	€2,366	-€4,083	▼ 273%
Recurring financial income75	-	€2	-	-	-
Recurring financial charges65	-	€44	€40	€204	▲ 410%
Profit (loss) for the period before taxes9903	€3,563	-€1,367	€2,727	-€4,302	▼ 258%
Profit (loss) for the period9904	€3,563	-€1,367	€2,727	-€4,302	▼ 258%
Profit (loss) for the period to be appropriated9905	€3,563	-€1,367	€2,727	-€4,302	▼ 258%

Line	2009	2010	2011	2012	Change
Assets
Total assets20/58	€10,197	€12,561	€24,863	€23,745	▼ 4.5%
Fixed assets21/28	€1,370	€1,254	€1,252	€1,127	▼ 10.0%
Tangible fixed assets22/27	€1,370	€1,204	€1,202	€1,077	▼ 10.4%
Financial fixed assets28	-	€50	€50	€50	=
Current assets29/58	€8,827	€11,307	€23,611	€22,618	▼ 4.2%
Stocks and contracts in progress3	-	€3,502	€5,154	€4,098	▼ 20.5%
Amounts receivable within one year40/41	€7,603	€4,299	€9,583	€15,703	▲ 63.9%
Cash at bank and in hand54/58	€1,224	€3,506	€8,874	€2,817	▼ 68.3%
Equity and liabilities
Total equity and liabilities10/49	€10,197	€12,561	€24,863	€23,745	▼ 4.5%
Equity10/15	€9,825	€11,538	€23,523	€19,221	▼ 18.3%
Contributions10/11	€6,262	€9,342	€18,600	€18,600	=
Reserves13	€178	€178	€178	€178	=
Profit (loss) carried forward14	€3,385	€2,018	€4,745	€443	▼ 90.7%
Amounts payable17/49	€372	€1,023	€1,340	€4,524	▲ 238%
Amounts payable within one year42/48	€372	€1,023	€1,340	€4,524	▲ 238%
Trade debts44	-	€70	€379	€91	▼ 76.0%

Line	2009	2010	2011	2012	Change
Profit (loss) for the period9904	€3,563	-€1,367	€2,727	-€4,302	▼ 258%
+ Depreciation and write-downs630	€373	€538	€745	€869	▲ 16.6%
Operating cash flow (approximation)	€3,936	-€829	€3,472	-€3,433	▼ 199%
Investment in fixed assets (approximation)	-	-€422	-€743	-€744	▼ 0.1%
Change in cash	-	€2,282	€5,368	-€6,057	▼ 213%

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

All 6Financial 2Filings 4

2013

11-07

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

31-12

Financial Weakest financial yearnet -€4,302

Net result drops to -€4,302, the lowest in the series.

15-06

NBB filing Annual accounts filed

fiscal year 2011 · full schema

2011

31-12

Financial Back to profitnet €2,727

Net result €2,727 after one loss-making year.

12-10

NBB filing Annual accounts filed

fiscal year 2010 · full schema · 73 days late

12-10

NBB filing Annual accounts filed

fiscal year 2009 · full schema · 438 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 8 acts read

About the unread acts

We know of 8 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

8 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, Anderlecht · 1 establishment unit since 2008

seat establishment The establishment unit on the map

Ground area

203 m²

Building footprint

152 m²

Volume, LiDAR

1,518 m³

2 parcels, Brussels · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.

3 companies at this address See who is registered here

1 establishment unit

Café Paradis

Limited-service restaurants

since 20082.173.866.505

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21308H0479/00P000	Brussels	106 m²	1 · 67 m²	16.2 m · 3 fl.
21816C0131/02Z000	Brussels	97 m²	1 · 85 m²	15.8 m · 4 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Brussel2.173.866.505

1 permission

Drankgelegenheid · since 21-10-2008

Identification & contact

Identification

Legal formPrivate limited company (pre-2019)

Founded16-10-2008

Fiscal year end31-12

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.

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