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Royce Time

Active Private limited companyfounded 2017active for 9 yearsThéodore Verhaegenstraat 196-202, 1060 Sint-Gillis (bij-Brussel)KBO/BCE: BE 0679.792.826

Lifetime

8 annual accounts with figures on one time axis
peak €13,294 (2023)
€4,149▼ 29.6%
lowest -€10,748 (2019)
€275▼ 95.0%
peak €22,551 (2025)
€22,551▲ 1.2%
-not published
Board3 names since 2017
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €5,892 to €4,149Result from €5,550 to €275Investments €13,300Cash from €3,343 to €7,873

Key points

from the 2025 annual accounts

Equity

€22,551 ▲ 1.2%

Royce Time has made a profit without a break since 2022.

Turnover

≈ €23,000 estimated

The micro format states no turnover.

Investments

€13,300 3.6 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

8 annual accounts 6 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 115 days after the end of the period.

Position in the sector

100.0%

Higher solvency than 95% of companies in land transport. Sector median 37.8% · 6,635 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as Royce Time has now. Each dot stands for 13 companies, two years later.

93.9%
were still trading
3.9%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,053 companies, not a prediction for Royce Time. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 18-03-2018
  • founderdeed of 18-08-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0679792826
Registered office moved within Brussels New registered office: RUE THEODORE VERHAEGEN 196-202, 1060 BRUXELLES · Previous registered office: BD. BISCHOFFSHEIM 39 BTE 4, 1000 BRUXELLES · Registered office clause: BD. BISCHOFFSHEIM 39 BTE 4, 1000 BRUXELLES · General meeting of 01-04-2024 · Gazette deed
Appointment: (director) Resignation: ) (administrateur actuel) · Director discharge: ) · General meeting of 20-11-2023 · Gazette deed
Resignation: (manager) Director discharge: (manager) · General meeting of 09-06-2022 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
Royce Time Sint-Gillis (bij-Brussel) €22,551 €4,149 100.0% -
GAREXPRESS Evere €23,030 €3,810 -3.1% -
SINAJ Evere €19,990 €4,285 72.8% -
1000-SOMA Brussels €22,159 €5,113 12.6% -
AMIN TRADING Anderlecht €28,075 €3,825 92.4% -
MYTE Sint-Gillis (bij-Brussel) €39,140 €2,722 85.2% -
A.L.H. SERVICES Jette €18,320 €7,071 82.0% -

These companies have the same main activity as Royce Time: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €18,300 and €39,100, founded between 2017 and 2018.

Official details

Source: KBO
Status
Active since 15-08-2017Normal situation
Registered office
176 active companies are registered at this address11 started in the 12 months before. Source: KBO register, as of 15 November 2026.
Activity
Non-scheduled passenger transport by roadNACE 49320and 2 others
Establishment unit
2.269.471.782since 01-10-2017
Financial year end
31 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts 2025

€22,551▲ 1.2%
Filing
Filed on 24-08-2026
Financials

Insights on Royce Time

Royce Time files the micro format. That format states no turnover. The gross margin fell from €6,161 in 2018 to €4,149 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Royce Time

What is the company number of Royce Time?
The company number of Royce Time is 0679.792.826. The VAT number is the same number with BE in front: BE 0679.792.826.
Where is Royce Time based?
The registered office is at Théodore Verhaegenstraat 196-202, 1060 Sint-Gillis (bij-Brussel).Company details
What does Royce Time do?
According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
What is the legal form of Royce Time?
Royce Time is a private limited company (BV).
When was Royce Time founded?
Royce Time was founded on 15-08-2017.
Is Royce Time still active?
Yes, Royce Time is an active enterprise in the KBO register.
What is the turnover of Royce Time?
The turnover in financial year 2025 is ≈ €23,000. This figure is estimated from the gross margin of €4,149 and 232 comparable companies (NACE 493). It probably lies between €14,000 and €39,000. It is a rough estimate. In financial year 2019 turnover was €26,836.Financials
Is Royce Time profitable?
In financial year 2025, Royce Time made a profit of €275.
Where can I find the annual accounts of Royce Time?
Royce Time filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Royce Time due?
Royce Time must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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