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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ROYAL GYM from Gent, company number BE0818464620, closed financial year 2025 with a result of € 9,591 after tax. For that financial year ROYAL GYM recorded a gross margin of € 51,546 and equity of € 39,368. Compared with financial year 2024, the result moved from € 34,649 to € 9,591. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2025.
€ 39,368
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,591
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 5,955
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20,768.
People and assets in 2025
€ 1,192
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,408
▼ 9% vs 2024
€ 37,950 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5,126
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,149
▲ 1% 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 | € 35,531 | € 43,877 | € 81,866 | € 51,546 | ▼ 37% |
| Profit after taxes | € -865 | € 1,110 | € 34,649 | € 9,591 | ▼ 72% |
| Equity | € -5,982 | € -4,872 | € 29,777 | € 39,368 | ▲ 32% |
| Total debts | € 492,236 | € 450,720 | € 408,626 | € 355,744 | ▼ 13% |
| Cash | € 15,909 | € 9,826 | € 23,405 | € 5,955 | ▼ 75% |
| Land & buildings | € 428,281 | € 404,484 | € 380,687 | € 356,890 | ▼ 6% |
| Retained profit | € -24,582 | € -23,472 | € 11,177 | € 20,768 | ▲ 86% |
| Bank debt | € 398,658 | € 367,262 | € 335,448 | € 304,408 | ▼ 9% |
| Balance sheet total | € 486,253 | € 445,847 | € 438,402 | € 395,112 | ▼ 10% |
Key figures of ROYAL GYM, 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 GYM?
What happened at ROYAL GYM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,591 (▼ 72% vs 2024). Source: NBB ↗
- Veerle Hanssens became a director. NBB
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Steven Viaene became a director. NBB
In short
From € 865 loss in 2022 to € 9,591 profit in 2025.
Paid € 6,757 in corporate taxes since 2022.
Best year ever: 2024, with € 34,649 profit.
Management
Behind ROYAL GYM are Veerle Hanssens and Steven Viaene.
Directors
According to the 2025 annual accounts
Veerle Hanssens
Director
since 2019
Steven Viaene
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Dok-Noord 3B box 105
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VIAENE Steven Lucien Antoine(oprichter) 100%
Details
- Company number
- 0818.464.620
- VAT number
- BE 0818.464.620
- Registered office
- Dok-Noord 3B bus 105, 9000 Gent
- Names & denominations
- ROYAL GYM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2009
- Peppol
- Active · Active since 29 Dec 2025
- Contact
- royalgym.be 0476 51 12 35
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