Financials
Financial year 2026
ROYALE UNION SAINT-GILLOISE from Vorst, company number BE0417144936, closed financial year 2026 with a result of € 41.9 million after tax. For that financial year ROYALE UNION SAINT-GILLOISE recorded revenue of € 19.1 million and equity of € 64.1 million. Compared with financial year 2025, the result moved from € 1.8 million to € 41.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ 64.1 million
▲ 189% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41.9 million
▲ € 40.1 million vs 2025
Profit after tax over the fiscal year.
€ 3.7 million
▲ 190% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 27.1 million.
People and assets in 2026
112.5
▲ 22.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 31.3 million
▲ 41% vs 2025
€ 278,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,243
▼ 65% vs 2025
Of which on lease € 2,823.
Debts at end 2026
€ 3.2 million
Loans from banks and other lenders, long and short.
€ 3.3 million
▼ 59% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 6.9 million
▲ 175% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 8,596,581 | € 13,148,437 | € 15,029,834 | € 19,132,744 | ▲ 27% |
| Profit after taxes | € -4,066,338 | € 3,901,844 | € 1,803,374 | € 41,906,833 | ▲ € 40.1 million |
| Equity | € -8,318,359 | € 4,583,485 | € 22,147,052 | € 64,053,885 | ▲ 189% |
| Total debts | € 20,344,109 | € 14,073,637 | € 32,792,275 | € 31,135,747 | ▼ 5% |
| Cash | € 436,686 | € 1,644,755 | € 1,275,320 | € 3,700,902 | ▲ 190% |
| Land & buildings | € 3,712 | € 823,523 | € 724,721 | € 704,054 | ▼ 3% |
| Retained profit | € -36,244,522 | € -32,342,679 | € -14,779,112 | € 27,127,721 | ▲ € 41.9 million |
| Bank debt | € 15,547,845 | € 3,070,000 | € 3,154,000 | € 3,154,000 | |
| Balance sheet total | € 12,025,750 | € 18,657,122 | € 54,939,328 | € 95,189,631 | ▲ 73% |
| Employees (FTE) | 51.8 | 66.4 | 89.9 | 112.5 | ▲ 22.6 |
Key figures of ROYALE UNION SAINT-GILLOISE, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to ROYALE UNION SAINT-GILLOISE?
What happened at ROYALE UNION SAINT-GILLOISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine KLUTZ stepped down as director. NBB
- Muzio Consulting Limited stepped down as director. NBB
- Daniel SPREUTELS stepped down as director. NBB
- Rudolf KERPEN stepped down as director. NBB
- Philippe Bormans Management Scomm stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 41.9 million (▲ € 40.1 million vs 2025). Source: NBB ↗
- Martine KLUTZ became a director. NBB
- Daniel SPREUTELS became a director. NBB
In short
From € 4.1 million loss in 2022 to € 41.9 million profit in 2026.
Paid € 9.9 million in corporate taxes since 2022.
Best year ever: 2026, with € 41.9 million profit.
Pays suppliers within 43 days on average.
Management
The shares are held by Langford Holdings Ltd (99.4%).
Directors
According to the 2026 annual accounts
Martine KLUTZ
Director
since 2025 · until 2027
Muzio Consulting Limited
Director
since 2025 · until 2027
Daniel SPREUTELS
Director
since 2025 · until 2027
Rudolf KERPEN
Director
since 2025 · until 2027
Philippe Bormans Management Scomm
Director
since 2025 · until 2027
Shareholders
Langford Holdings Ltd
99.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselse Steenweg 223
1190 Vorst
Quinkenstraat 4
1930 Zaventem
Active since 21 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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Email provider
Self-hosted
Hosting
OVH, FR
DNS
Cloudflare DNS
Domain
Domain
rusg.brussels
Registered
2016-11-08
Registrar
Key-Systems GmbH
Expires
2026-11-08
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Details
- Company number
- 0417.144.936
- VAT number
- BE 0417.144.936
- Registered office
- Brusselse Steenweg 223, 1190 Vorst
- Names & denominations
- ROYALE UNION SAINT-GILLOISE · R.U.S.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1976
- Peppol
- Active · Active since 15 Sept 2025
- Contact
- rusg.brussels [email protected] 025440316
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