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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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.
€ 298,887
▲ 62% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 114,191
▲ € 95,052 vs 2022
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 278,957.
People and assets in 2023
9.9
▲ 0.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 37,628
▼ 27% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 18,609
▼ 44% vs 2022
€ 12,929 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 298,137
▲ 28% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 100,490
▲ 113% vs 2022
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | 2022 | 2023 | Change 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
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
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
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