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 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2022; threshold 65 %.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2022
ROYAL from Oudenaarde, company number BE0425671929, closed financial year 2022 with a result of € -626 after tax. For that financial year ROYAL recorded a gross margin of € -57 and equity of € -2,263. Compared with financial year 2021, the result moved from € -1,205 to € -626. The company made a loss. 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 June 15, 2023.
€ -2,263
▼ € 626 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -626
▲ 48 % less loss than in 2021
Profit after tax over the fiscal year.
€ 59
▼ 31% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,863.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -55 | € -57 | ▼ € 2 |
| Profit after taxes | € -1,205 | € -626 | ▲ € 579 |
| Equity | € -1,637 | € -2,263 | ▼ € 626 |
| Total debts | € 2,015 | € 2,628 | ▲ 30% |
| Cash | € 86 | € 59 | ▼ 31% |
| Retained profit | € -20,237 | € -20,863 | ▼ € 626 |
| Balance sheet total | € 378 | € 365 | ▼ 4% |
Key figures of ROYAL, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to ROYAL?
What happened at ROYAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: loss of € 626. Source: NBB ↗
- New establishment in Oudenaarde. KBO
- JACQUES DE WAELE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,205 loss in 2021 to € 626 loss in 2022.
Management
Behind ROYAL is JACQUES DE WAELE.
Directors
According to the 2022 annual accounts
JACQUES DE WAELE
Director
since 1984
Establishments
Establishment units
Physical locations of this company
Lindestraat 55
9700 Oudenaarde
Nestor De Tièrestraat 166
9700 Oudenaarde
Active since 1 May 1984
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.671.929
- VAT number
- BE 0425.671.929
- Registered office
- Lindestraat 55, 9700 Oudenaarde
- Names & denominations
- ROYAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1984
- Peppol
- Not registered