Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Royal-Nord from Hasselt, company number BE0401297314, closed financial year 2023 with a result of € 8,112 after tax. For that financial year Royal-Nord recorded a gross margin of € 12,481 and equity of € -38,533. Compared with financial year 2022, the result moved from € -73,916 to € 8,112. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 27, 2024.
€ -38,533
▲ € 8,112 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,112
▲ still € 73,916 loss in 2022
Profit after tax over the fiscal year.
€ 2,217
▼ 96% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -63,322.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 36,635
▼ 43% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 197,608 | € -74,810 | € 12,481 | ▲ € 87,291 |
| Profit after taxes | € 168,390 | € -73,916 | € 8,112 | ▲ € 82,028 |
| Equity | € 27,271 | € -46,645 | € -38,533 | ▲ € 8,112 |
| Total debts | € 122,042 | € 109,824 | € 41,635 | ▼ 62% |
| Cash | € 124,541 | € 62,879 | € 2,217 | ▼ 96% |
| Retained profit | € 2,482 | € -71,434 | € -63,322 | ▲ € 8,112 |
| Dividend | € 153,441 | € 0 | € 0 | |
| Balance sheet total | € 149,314 | € 63,179 | € 3,102 | ▼ 95% |
Key figures of Royal-Nord, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Royal-Nord?
What happened at Royal-Nord in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Royal-Nord is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 8,112. filed late Source: NBB ↗
- Affix International NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
In short
From € 168,390 profit in 2021 to € 8,112 profit in 2023.
Paid € 60,377 in corporate taxes since 2021.
Best year ever: 2021, with € 168,390 profit.
Paid out € 153,441 in dividends to the owners in total.
Management
The stake of ALEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Royal-NordBehind Royal-Nord is Affix International NV. The shares are held by ALEN (25%).
Directors
According to the 2023 annual accounts
Managing director · represented by Eugene Alen
since 2020
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Genkersteenweg 368
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.297.314
- VAT number
- BE 0401.297.314
- Registered office
- Genkersteenweg 368, 3500 Hasselt
- Names & denominations
- Royal-Nord · Euronord
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 May 1963
- Peppol
- Not registered
- Activities · NACE
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