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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Royal S from Oostende, company number BE0427112180, closed financial year 2025 with a result of € 571,291 after tax. For that financial year Royal S recorded a gross margin of € 821,521 and equity of € 5 million. Compared with financial year 2024, the result moved from € 471,735 to € 571,291. 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 February 19, 2026.
€ 5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 571,291
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 67,172
▲ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 352,115 paid out
62 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 265,442
▲ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 85,347
▲ € 81,500 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 95,347
▲ 157% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 690,248 | € 809,600 | € 842,632 | € 821,521 | ▼ 3% |
| Profit after taxes | € 503,959 | € 404,458 | € 471,735 | € 571,291 | ▲ 21% |
| Equity | € 4,512,431 | € 4,795,818 | € 4,946,481 | € 5,044,585 | ▲ 2% |
| Total debts | € 732,106 | € 487,936 | € 335,955 | € 624,539 | ▲ 86% |
| Cash | € 52,385 | € 32,235 | € 36,377 | € 67,172 | ▲ 85% |
| Land & buildings | € 3,403,889 | € 3,218,632 | € 3,040,124 | € 2,839,717 | ▼ 7% |
| Retained profit | € 2,102,972 | € 2,507,430 | € 2,779,165 | € 2,998,340 | ▲ 8% |
| Dividend | € 483,616 | € 0 | € 200,000 | € 352,115 | ▲ 76% |
| Bank debt | € 360,533 | € 330,173 | € 232,227 | € 265,442 | ▲ 14% |
| Balance sheet total | € 5,269,048 | € 5,306,553 | € 5,303,524 | € 5,688,499 | ▲ 7% |
Key figures of Royal S, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Royal S?
What happened at Royal S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 571,291 (▲ 21% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 503,959 profit in 2022 to € 571,291 profit in 2025.
Paid € 963,883 in corporate taxes since 2022.
Best year ever: 2025, with € 571,291 profit.
Paid out € 1 million in dividends to the owners in total.
Management
Behind Royal S are Jean Snijkers, Francina Wils and ANDREW SNIJKERS. The shares are held by Jean Snijkers and Private stichting Sphyrea.
Directors
According to the 2025 annual accounts
Jean Snijkers
Managing director
Is a shareholder
Francina Wils
Director
Shareholders
Jean Snijkers · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koninginnelaan 46 box .0801
8400 Oostende
Koninginnelaan 46 box 5
8400 Oostende
Active since 10 January 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0427.112.180
- VAT number
- BE 0427.112.180
- Registered office
- Koninginnelaan 46 bus .0801, 8400 Oostende
- Names & denominations
- Royal S
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1985
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis