ROYEN
Annual accounts 2025
full format, filed on 27-08-2026, 27 days lateThe turnover shown is an estimate from the gross margin.
Turnover ≈ €2.1m. Estimated: probably between €1.4m and €3.4m.
Balance sheet
balance sheet total €3.4m on 31-12-2025in €m
in euro
Position in the sector
-39.3%
Lower than 95% of 96 companies in 2025.
0.52
Lower than 95% of 96 companies in 2025.
-32.8%
Lower than 95% of 95 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€58,031
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 7 people joined and 7 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
3.4m | 4.6m | 6.2m | 5.1m | |
21/28 |
1.2m | 1.4m | 1.4m | 1.3m | |
21 |
7,000 | 14,000 | 21,000 | 28,000 | |
22/27 |
1.2m | 1.4m | 1.4m | 1.2m | |
23 |
476,952 | 543,009 | 602,812 | 563,553 | |
24 |
76,862 | 186,246 | 203,774 | 172,833 | |
25 |
- | - | - | 5,618 | |
26 |
622,148 | 671,386 | 583,842 | 481,143 | |
28 |
135 | 135 | 135 | 135 | |
29/58 |
2.2m | 3.1m | 4.8m | 3.9m | |
3 |
1.2m | 1.5m | 3.0m | 2.2m | |
30/36 |
800,247 | 889,417 | 1.9m | 1.2m | |
37 |
376,178 | 652,339 | 1.1m | 979,023 | |
40/41 |
867,408 | 879,328 | 1.5m | 1.1m | |
40 |
867,408 | 799,924 | 1.4m | 1.1m | |
41 |
- | 79,403 | 37,866 | 1,336 | |
54/58 |
167,514 | 715,644 | 355,992 | 500,409 | |
490/1 |
9,244 | 11,308 | 16,828 | 35,746 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
3.4m | 4.6m | 6.2m | 5.1m | |
10/15 |
-1.3m | -220,557 | 332,559 | 343,279 | |
10/11 |
200,000 | 200,000 | 200,000 | 200,000 | |
10 |
200,000 | 200,000 | 200,000 | 200,000 | |
100 |
200,000 | 200,000 | 200,000 | 200,000 | |
13 |
20,000 | 20,000 | 132,559 | 143,279 | |
130/1 |
20,000 | 20,000 | 20,000 | 20,000 | |
130 |
20,000 | 20,000 | 20,000 | 20,000 | |
133 |
- | - | 112,559 | 123,279 | |
14 |
-1.6m | -440,557 | - | - | |
17/49 |
4.7m | 4.8m | 5.9m | 4.8m | |
17 |
438,994 | 651,824 | 877,507 | 1.0m | |
170/4 |
438,994 | 651,824 | 877,507 | 1.0m | |
42/48 |
4.3m | 4.1m | 5.0m | 3.7m | |
42 |
212,830 | 225,683 | 223,968 | 211,863 | |
43 |
897,604 | 1.7m | 1.6m | 790,029 | |
430/8 |
897,604 | 1.7m | 1.6m | 790,029 | |
44 |
460,445 | 328,775 | 877,010 | 1.6m | |
440/4 |
460,445 | 328,775 | 877,010 | 1.6m | |
46 |
1.0m | 133,524 | 283,100 | 788,704 | |
45 |
333,040 | 431,009 | 422,926 | 342,091 | |
450/3 |
116,927 | 117,541 | 141,103 | 101,683 | |
454/9 |
216,112 | 313,469 | 281,823 | 240,407 | |
47/48 |
1.4m | 1.3m | 1.5m | 39,032 | |
492/3 |
272 | 1,758 | 39,743 | 3,539 | |
| Income statement | |||||
9900 |
1.2m | 2.1m | 2.1m | 2.1m | |
62 |
2.0m | 2.2m | 1.8m | 1.7m | |
630 |
175,007 | 182,146 | 135,993 | 62,370 | |
631/4 |
-19,421 | 3,811 | -14,315 | 50,440 | |
640/8 |
69,793 | 49,614 | 72,045 | 8,615 | |
9901 |
-1.0m | -387,728 | 128,531 | 234,270 | |
75/76B |
2,312 | 120 | 802 | 3,236 | |
75 |
2,312 | 120 | 802 | 3,236 | |
65/66B |
79,903 | 165,742 | 130,803 | 27,226 | |
65 |
79,903 | 165,742 | 130,803 | 27,226 | |
9903 |
-1.1m | -553,351 | -1,470 | 210,279 | |
67/77 |
788 | -235 | 9,251 | 67,000 | |
9904 |
-1.1m | -553,116 | -10,720 | 143,279 | |
9905 |
-1.1m | -553,116 | -10,720 | 143,279 | |
| Appropriation of the result | |||||
9906 |
-1.6m | -553,116 | -10,720 | 143,279 | |
14P |
-440,557 | - | - | - | |
791/2 |
- | 112,559 | 10,720 | - | |
691/2 |
- | - | - | 143,279 | |
6920 |
- | - | - | 20,000 | |
6921 |
- | - | - | 123,279 | |
| Social balance sheet | |||||
9087 |
34.9 | 36.5 | 31.1 | 29.1 | |
Hours worked1013 |
48,769 | 52,880 | 45,670 | 45,392 | |
| Document | |||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436804.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -863,539 | -205,582 | 264,524 | 296,640 | ||
| -941,918 | -370,969 | 125,273 | 205,649 | ||
| 16,098 | 186,559 | 323,815 | 1.3m | ||
| -548,130 | 359,651 | -144,417 | - | ||
| -2.1m | -981,751 | -161,753 | 135,751 | ||
| -39.3% | -4.8% | 5.4% | 6.7% | ||
| 0.52 | 0.76 | 0.97 | 1.04 | ||
| 0.24 | 0.39 | 0.37 | 0.45 | ||
| - | - | 17.66 | 13.88 | ||
| - | - | -3.2% | 41.7% | ||
| -32.8% | -12.1% | -0.2% | 2.8% | ||
| -10.81 | -1.24 | 2.02 | 10.90 |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 37 | 37 | 33 | 30 |
| full-time | 31 | 30 | 31 | 26 |
| part-time | 6 | 7 | 2 | 4 |
| in full-time equivalents | 35.5 | 35.4 | 32.2 | 28.8 |
| 34.9 | 36.5 | 31.1 | 29.1 | |
| On a permanent contract | 37 | 37 | 32 | 28 |
| Joined | 7 | 12 | 22 | 37 |
| Left | 7 | 8 | 19 | 7 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €1.5m | €2.5m | €2.7m | €2.0m |
| €2.0m | €2.0m | €2.0m | €2.0m |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €16,098 | €186,559 | €323,815 | €1.3m |
| Intangible fixed assets | - | - | - | €35,000 |
| Financial fixed assets | - | - | - | €135 |
| €175,007 | €182,146 | €135,993 | €62,370 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ROYEN
The operating result for 2025 is a loss of €1.0m, larger than the loss of €387,728 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€4.7m) exceeds the balance-sheet total (€3.4m).