Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
57 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMOBILIERE DU ROYAL ROGIER from Brussel, company number BE0437901847, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year IMMOBILIERE DU ROYAL ROGIER recorded revenue of € 10 million and equity of € -1.5 million. Compared with financial year 2024, the result moved from € 1 million to € -1.5 million. 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 July 7, 2026.
€ -1.5 million
▲ € 9.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ still € 1 million profit in 2024
Profit after tax over the fiscal year.
€ 18.4 million
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.7 million.
Debts at end 2025
€ 79 million
▼ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 1.8 million
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,696,939 | € 10,686,116 | € 9,705,474 | € 9,951,799 | ▲ 3% |
| Profit after taxes | € 6,420,589 | € 4,609,933 | € 1,027,535 | € -1,543,527 | ▼ € 2.6 million |
| Equity | € -16,582,543 | € -11,972,610 | € -10,945,076 | € -1,488,603 | ▲ € 9.5 million |
| Total debts | € 182,423,176 | € 172,114,804 | € 144,673,164 | € 123,511,553 | ▼ 15% |
| Cash | € 25,730,722 | € 29,199,361 | € 16,019,272 | € 18,402,106 | ▲ 15% |
| Land & buildings | € 20,000,120 | € 20,000,120 | € 20,000,120 | € 20,000,120 | |
| Retained profit | € -16,833,134 | € -12,223,201 | € -11,195,667 | € -12,739,194 | ▼ € 1.5 million |
| Dividend | € 6,420,589 | € 0 | € 0 | € 0 | |
| Bank debt | € 130,640,000 | € 129,575,000 | € 107,800,000 | € 79,000,000 | ▼ 27% |
| Balance sheet total | € 165,864,336 | € 160,165,898 | € 133,751,792 | € 122,046,654 | ▼ 9% |
Key figures of IMMOBILIERE DU ROYAL ROGIER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IMMOBILIERE DU ROYAL ROGIER?
What happened at IMMOBILIERE DU ROYAL ROGIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.5 million (▼ € 2.6 million vs 2024). Source: NBB ↗
- Covent Garden JV Partner SC stepped down as director. NBB
- Covent Garden JV Partner SC became a director. NBB
- Covent Garden Holdings (Number 2) SRL became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.4 million profit in 2022 to € 1.5 million loss in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 6.4 million profit.
Paid out € 6.4 million in dividends to the owners in total.
A new publication or filing at IMMOBILIERE DU ROYAL ROGIER? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Covent Garden JV Partner, COVENT GARDEN HOLDINGS (NUMBER 2) comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMOBILIERE DU ROYAL ROGIERBehind IMMOBILIERE DU ROYAL ROGIER is Covent Garden Holdings (Number 2) SRL. The shares are held by Covent Garden JV Partner (50%) and COVENT GARDEN HOLDINGS (NUMBER 2) (0%).
Directors
According to the 2025 annual accounts
Covent Garden Holdings (Number 2) SRL
Director · represented by Makoto Fukui
since 2007
Manager · represented by Hideki Kurata
since 2024 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.
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€ 3.9 million revenue · 2025
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€ 14.4 million revenue · 2024
+52 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.901.847
- VAT number
- BE 0437.901.847
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- IMMOBILIERE DU ROYAL ROGIER
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 27 June 1989
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
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