ROYEN EXPRESS
Open bankruptcyA bankruptcy procedure is open for ROYEN EXPRESS according to publications in the Belgian State Gazette; curator: PASCAL LAMBERT. The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show negative equity (€-104k) and a net result of €-132k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-08-2023, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
25 d late
2021
31 d late
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-104k
2021 · €28k
2018: €12k
2019: €31k
2020: €43k
2021: €28k
2018 → 2022
Total assets
€136k▼ 36.7%
2021 · €214k
2018: €90k
2019: €175k
2020: €232k
2021: €214k
2018 → 2022
Net result
€-132k▼ 799%
2021 · €-15k
2018: €6k
2019: €24k
2020: €27k
2021: €-15k
2018 → 2022
Working capital
€-145k▼ 543%
2021 · €-23k
2018: €-3k
2019: €-2k
2020: €-21k
2021: €-23k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€12k-€31k▲ 149%€43k▲ 36.8%€28k▼ 34.5%€-104k
Operating result€9k-€32k▲ 262%€38k▲ 20.1%€-4k€-106k▼ 2,273%
Net result€6k-€24k▲ 280%€27k▲ 14.7%€-15k€-132k▼ 799%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €106k in 2022 against €4k in 2021; the loss grows and 2022 is the lowest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €136k
Fixed assets
€41k▼ 35.6%
Current assets
€94k▼ 37.2%
Key figures and ratios
EBITDA
€-83k▼
2021 · €29k
Cash flow
€-109k▼
2021 · €19k
Solvency
-76.6%▼
2021 · 13.0%
Current ratio
0.39▼
2021 · 0.87
Quick ratio
0.39▼
2021 · 0.87
Debt / equity
-2.31▼
2021 · 6.70
ROE
126.8%▲
2021 · -52.6%
ROA
-97.1%▼
2021 · -6.8%
Interest coverage
-2.58▼
2021 · 2.82
Debt
€240k▲
2021 · €187k
Debt ≤ 1 year
€240k▲
2021 · €173k
Debt > 1 year
€0▼
2021 · €14k
Income taxes
€6k▲
2021 · €0
Staff costs
€372k▼
2021 · €416k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€214k€136k▼
Fixed assets21/28€64k€41k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€51k€28k▼
Furniture and vehicles24€51k€28k▼
Leasing and similar rights25€0-
Financial fixed assets28€13k€13k=
Current assets29/58€150k€94k▼
Amounts receivable within one year40/41€133k€88k▼
Trade receivables40€85k€63k▼
Other amounts receivable41€48k€26k▼
Cash at bank and in hand54/58€17k€3k▼
Deferred charges and accrued income490/1€103€3k▲
Equity and liabilities
Total equity and liabilities10/49€214k€136k▼
Equity10/15€28k€-104k▼
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€1k€-131k▼
Amounts payable17/49€187k€240k▲
Amounts payable after more than one year17€14k€0▼
Financial debts170/4€14k€0▼
Amounts payable within one year42/48€173k€240k▲
Current portion of amounts payable after more than one year42€24k€14k▼
Trade debts44€43k€99k▲
Suppliers440/4€43k€99k▲
Taxes, remuneration and social security45€105k€115k▲
Taxes450/3€59k€74k▲
Remuneration and social security454/9€47k€41k▼
Other amounts payable47/48€66€11k▲
Income statement
Code20212022
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€416k€372k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€32k€17k▼
Gross operating margin9900€478k€308k▼
Operating profit (loss)9901€-4k€-106k▼
Financial income75/76B€12€12k▲
Recurring financial income75€12€12k▲
Financial charges65/66B€10k€32k▲
Recurring financial charges65€10k€32k▲
Profit (loss) for the period before taxes9903€-15k€-126k▼
Income taxes67/77€0€6k▲
Profit (loss) for the period9904€-15k€-132k▼
Profit (loss) for the period to be appropriated9905€-15k€-132k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-131k▼
Profit (loss) brought forward from the previous period14P€16k€1k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
20-08
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · ROYEN EXPRESS SRL RUE KINET 47, 4030 GRIVEGNEE (LIEGE) · event 08-08-2024
17-06
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collectif · event 11-06-2024
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-132k
Net result drops to €-132k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €27k ▲14.7%
Operating result €38k, net result €27k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liège · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Kinet 474030 LiègeGround area
81 m²
Building footprint
39 m²
Volume, LiDAR
335 m³
Parcel 62047C0628/00Y005, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ROYEN EXPRESS
since 20182.274.323.267
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62047C0628/00Y005 | Wallonia | 81 m² | 1 · 39 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | PASCAL LAMBERT RUE DE LA LECHE 36,
4020 LIEGE 2 |
08-08-2024 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.274.323.267
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Of 4,835 companies in sector 53200 we hold annual accounts for 1,286. 1,064 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2018
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.