Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 295,132
▲ 88% vs 2024
Profit
Caution€ -129,706
▲ 67% vs 2024
Debts
High€ 8.7 million
▲ 5% vs 2024
109 ROYAL from Elsene, company number BE0443113222, closed financial year 2025 with a result of € -129,706 after tax. For that financial year 109 ROYAL recorded a gross margin of € 295,132 and equity of € -2.2 million. Compared with financial year 2024, the result moved from € -398,230 to € -129,706. 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 April 7, 2026.
What happened at 109 ROYAL?
What happened at 109 ROYAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 129,706. Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,338 loss in 2021 to € 129,706 loss in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind 109 ROYAL are MIDCAP SRL and BERENGER DROUIN. It owns 55% of HG INVESTMENT GROUP itself.
Directors
According to the 2025 annual accounts
Director · represented by Michael DESPIEGELAERE
Also active at: CROWN BUILDING, HG Investment Group, EUROPEAN CROWN REAL ESTATE
BERENGER DROUIN
Managing director
Also active at: Olivier Leroux Consulting, MARIUS 1948, ALFAIA +2 more
Establishments
Establishment units
Physical locations of this company
Lesbroussartstraat 45/RC
1050 Elsene
Herrmann-Debrouxlaan 40
1160 Oudergem
Active since 5 December 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.113.222
- VAT number
- BE 0443.113.222
- Registered office
- Lesbroussartstraat 45/RC, 1050 Elsene
- Names & denominations
- 109 ROYAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1991
- Peppol
- Not registered