Bankrupt · Opening faillissement (CBE)

ROYAL

BE0442532311

Rechtspersoon Private limited company 1 establishment

ROYAL is a road construction company in Merelbeke-Melle. Private Limited, started on 10 December 1990, 1 establishment.

Nijverheidsweg 8, 9820 Merelbeke-Melle

Behind the company: EMIR SEN.

Start date

10 December 1990

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

ROYAL from Merelbeke-Melle, company number BE0442532311, closed financial year 2023 with a result of € 114,191 after tax. For that financial year ROYAL recorded a gross margin of € 573,354 and equity of € 298,887. Compared with financial year 2022, the result moved from € 19,139 to € 114,191. 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 January 31, 2024.

What it is worth Growing

€ 298,887

▲ 62% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 114,191

▲ € 95,052 vs 2022

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 278,957.

People and assets in 2023

Full-time equivalents

9.9

▲ 0.5 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 395,419

▲ 22% vs 2022

€ 39,900 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.

Vehicles and equipment

€ 37,628

▼ 27% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 1 years to go

€ 18,609

▼ 44% vs 2022

€ 12,929 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 298,137

▲ 28% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 100,490

▲ 113% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2020202120222023Change 2022 → 2023
Gross margin € 172,321 € 383,955 € 380,024 € 573,354 ▲ 51%
Profit after taxes € -27,526 € 87,559 € 19,139 € 114,191 ▲ € 95,052
Equity € 78,068 € 165,627 € 184,766 € 298,887 ▲ 62%
Total debts € 122,102 € 168,680 € 331,913 € 435,687 ▲ 31%
Cash € 25,445 - - -
Retained profit € 58,068 € 145,627 € 164,766 € 278,957 ▲ 69%
Bank debt € 0 € 43,047 € 33,104 € 18,609 ▼ 44%
Balance sheet total € 200,171 € 334,308 € 516,679 € 734,574 ▲ 42%
Employees (FTE) 6.8 8.4 9.4 9.9 ▲ 0.5

Key figures of ROYAL, fiscal years 2020 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 30 January 2025.

What happened to ROYAL?

What happened at ROYAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ROYAL is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: profit of € 114,191 (▲ € 95,052 vs 2022). filed late Source: NBB ↗
  • EMIR SEN became a director. NBB
  • New establishment in Merelbeke-Melle. KBO
  • Start of the company according to the CBE. KBO

In short

From € 27,526 loss in 2020 to € 114,191 profit in 2023.

Paid € 70,512 in corporate taxes since 2020.

Best year ever: 2023, with € 114,191 profit.

On average € 57,900 of value added per employee in 2023.

Management

EMIR SEN
ROYAL

Behind ROYAL is EMIR SEN.

Directors

According to the 2023 annual accounts

EMIR SEN

Director

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidsweg 8

9820 Merelbeke-Melle

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
0442.532.311
VAT number
BE 0442.532.311
Registered office
Nijverheidsweg 8, 9820 Merelbeke-Melle
Names & denominations
ROYAL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
10 December 1990
Peppol
Active · Active since 26 Feb 2026
Activities · NACE

Bouw van autowegen en andere wegen

Bouw van rioleringen

Frequently asked questions

What does ROYAL do?
ROYAL is a road construction company in Merelbeke-Melle. Private Limited, started on 10 December 1990, 1 establishment.
What is the address of ROYAL?
The registered office of ROYAL is located at Nijverheidsweg 8, 9820 Merelbeke-Melle.
Is ROYAL still active?
No. The CBE lists ROYAL with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ROYAL registered on Peppol?
Yes, ROYAL is registered on the Peppol network with ID 0208:0442532311.
What is the enterprise number of ROYAL?
The enterprise number of ROYAL is BE0442532311.
When was ROYAL founded?
ROYAL was founded on 10 December 1990.