OPENING OF BANKRUPTCY

ROYAL

Financial year 2023 · closed on 30/06/2023
Net result
114,2 k €
+496.6% YoY
Gross margin
573,4 k €
+50.9% YoY
Equity
298,9 k €
+61.8% YoY
Workforce
9,9 ETP
+5.3% YoY

Company — Opening of bankruptcy.

What does ROYAL do?

ROYAL is a Private limited company incorporated in 1990. Its registered office is in Merelbeke-Melle. It employs on average 9,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0442.532.311
Incorporation
10/12/1990
Legal form
Private limited company
Registered office
Nijverheidsweg 8
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
19 930,00 €
Latest accounts
30/06/2023
Average workforce
9,9 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20232022202120202019201820172016201520142013201220082007
Income statement
Gross margin573,4 k €380 k €384 k €172,3 k €230,1 k €117 k €79,7 k €76 k €72 k €9,9 k €4,9 k €
EBITDA175,5 k €52,5 k €106,8 k €-4,3 k €52 k €6,4 k €23,7 k €40,3 k €15,8 k €9,6 k €3,9 k €
Operating result157,6 k €35 k €91,9 k €-4,9 k €46,8 k €610,3 €18 k €39,2 k €15 k €7,5 k €2,2 k €
Net result114,2 k €19,1 k €87,6 k €-27,5 k €40,2 k €-1,4 k €5,2 k €36,4 k €9,7 k €7,4 k €2,1 k €
Balance sheet
Equity298,9 k €184,8 k €165,6 k €78,1 k €105,6 k €65,4 k €66,8 k €61,6 k €25,2 k €15,6 k €8,2 k €17,1 k €25,4 k €25,4 k €
Total assets734,6 k €516,7 k €334,3 k €200,2 k €251,4 k €274,9 k €228,2 k €255,5 k €37,5 k €21 k €12,6 k €17,1 k €34,7 k €34,7 k €
Cash25,4 k €44 €1,2 k €8,6 k €2,7 €
Debts435,7 k €331,9 k €168,7 k €122,1 k €135,5 k €209,4 k €161,4 k €193,9 k €12,3 k €5,4 k €4,5 k €9,3 k €9,3 k €
Other
Workforce9,9 ETP9,4 ETP8,4 ETP6,8 ETP2,0 ETP3,5 ETP
Governance

Board of directors

Seen on filing of 30/06/2023 · 1 active · 7 ended

Active mandates

EMIR SEN

Director · since 01 juillet 2015

Active

Ended mandates

Abdil Coban

Manager

Ended
Emir Sen

Manager

Ended
EMIR SEN

Director

Ended
Godfried De Miliano

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
BT-ProductionsBankrupt
0798.831.820
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/07/202201/07/202101/07/202001/07/201901/07/201801/07/2017
Closing of the financial year30/06/202330/06/202230/06/202130/06/202030/06/201930/06/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/01/202413/03/202313/03/202313/03/202309/01/202014/02/2019
General meeting27/11/202327/01/202327/01/202327/01/202325/11/201925/11/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202327/11/202331/01/2024DutchPDF
Abridged model30/06/202227/01/202313/03/2023DutchPDF
Abridged model30/06/202127/01/202313/03/2023DutchPDF
Abridged model30/06/202027/01/202313/03/2023DutchPDF
Micro model30/06/201925/11/201909/01/2020DutchPDF
Micro model30/06/201825/11/201814/02/2019DutchPDF
Micro model30/06/201727/11/201728/02/2018DutchPDF
Abridged model30/06/201628/11/201627/02/2017DutchPDF
Abridged model30/06/201530/11/201528/01/2016DutchPDF
Abridged model30/06/201424/11/201414/01/2015DutchPDF
Abridged model30/06/201325/11/201317/12/2013DutchPDF
Abridged model30/06/201230/09/201224/02/2015DutchPDF
Abridged model30/06/200824/11/200812/03/2009DutchPDF
Abridged model30/06/200726/11/200703/01/2008DutchPDF
Abridged model30/06/200627/11/200630/01/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2023 · 1 active · 7 ended

Active mandates

EMIR SEN

Director · since 01 juillet 2015

Active

Ended mandates

Abdil Coban

Manager

Ended
Emir Sen

Manager

Ended
EMIR SEN

Director

Ended
Godfried De Miliano

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/07/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2012
    ALGEMENE VERGADERING - DOEL - KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/04/2004
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023114,2 k €
  2. 2022
    Annual accounts 202219,1 k €
  3. 2021
    Annual accounts 202187,6 k €
  4. 2020
    Annual accounts 2020-27,5 k €
  5. 2019
    Annual accounts 201940,2 k €
  6. 2018
    Annual accounts 2018-1,4 k €
  7. 2017
    Annual accounts 20175,2 k €
  8. 2016
    Annual accounts 201636,4 k €
  9. 2015
    Annual accounts 20159,7 k €
  10. 2014
    Annual accounts 20147,4 k €
  11. 2013
    Annual accounts 20132,1 k €
  12. 2012
    Annual accounts 2012
  13. 2008
    Annual accounts 2008
  14. 2007
    Annual accounts 2007
  15. 10/12/1990
    IncorporationPrivate limited company