ACTIVE

ROYAL C

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Financial year 2025 · closed on 30/09/2025

Net result

-3,8 k €

+90.0% YoY

Gross margin

140,3 k €

+6.0% YoY

Equity

1,7 M €

-0.2% YoY

What does ROYAL C do?

ROYAL C is a Public limited company incorporated in 1991. Its registered office is in Zedelgem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.604.835

Incorporation

04/11/1991

Legal form

Public limited company

Registered office

Engelstraat 13
8211 Zedelgem · FlandreSee on map

Contributed capital

1 106 000,00 €

Latest accounts

30/09/2025

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	140,3 k €	+6.0%	132,4 k €	-68.0%	413 k €	+90.1%	217,2 k €	+28.5%	169 k €	-21.6%	215,6 k €	+11.4%	193,5 k €	+22.8%	157,7 k €	-6.5%	168,6 k €	-0.5%	169,4 k €	+4.3%	162,4 k €	-3.6%	168,5 k €	+17.5%	143,4 k €	-8.1%	156 k €	+5.6%	147,8 k €	-3.3%	152,8 k €	+14.4%	133,6 k €
EBITDA	99,8 k €	+7.4%	92,9 k €	-75.3%	376,4 k €	+105%	183,7 k €	+35.4%	135,7 k €	-26.8%	185,4 k €	+13.0%	164,1 k €	+27.6%	128,6 k €	-7.9%	139,5 k €	-0.9%	140,8 k €	+4.7%	134,5 k €	-4.6%	141 k €	+82.4%	77,3 k €	-41.3%	131,6 k €	+6.6%	123,5 k €	-4.2%	128,9 k €	+13.4%	113,7 k €
Operating result	35,4 k €	+239%	10,4 k €	-96.4%	288,9 k €	+249%	82,8 k €	+43.1%	57,9 k €	-33.9%	87,5 k €	+35.2%	64,7 k €	+276%	17,2 k €	-27.4%	23,7 k €	+743%	-3,7 k €	-111%	32,4 k €	-18.9%	39,9 k €	+153%	-74,7 k €	-341%	31 k €	+68.4%	18,4 k €	-18.3%	22,5 k €	+3399%	-683,1 €
Net result	-3,8 k €	+90.0%	-38,5 k €	-116%	245 k €	+504%	40,5 k €	-35.5%	62,9 k €	+13.8%	55,3 k €	-2.9%	56,9 k €	+469%	-15,4 k €	-147%	33,1 k €	+172%	-45,7 k €	-1291%	-3,3 k €	-361%	1,3 k €	-99.6%	320,6 k €	+6837%	4,6 k €	+6170%	73,7 €	-99.2%	9,4 k €	+158%	-16,3 k €
Balance sheet
Equity	1,7 M €	-0.2%	1,7 M €	-2.2%	1,7 M €	+16.6%	1,5 M €	+2.8%	1,4 M €	+6.6%	1,3 M €	+4.3%	1,3 M €	+4.6%	1,2 M €	-1.2%	1,3 M €	+2.7%	1,2 M €	-3.6%	1,3 M €	-0.3%	1,3 M €	+0.1%	1,3 M €	+34.0%	944,4 k €	+0.5%	939,8 k €	+0.0%	939,7 k €	+1.0%	930,3 k €
Total assets	3,1 M €	-0.1%	3,1 M €	-3.5%	3,2 M €	+34.0%	2,4 M €	+2.1%	2,4 M €	+6.7%	2,2 M €	+2.6%	2,2 M €	+1.5%	2,1 M €	-0.9%	2,1 M €	-5.2%	2,3 M €	-2.1%	2,3 M €	+0.4%	2,3 M €	-3.1%	2,4 M €	+20.0%	2 M €	-2.3%	2 M €	-3.8%	2,1 M €	-5.0%	2,2 M €
Cash	37,5 k €	-18.6%	46,1 k €	-92.8%	643,4 k €	-33.0%	959,7 k €	+9.3%	877,7 k €	+112%	414,1 k €	+55.1%	267 k €	+57.5%	169,5 k €	+83.6%	92,3 k €	+11.2%	83 k €	-52.3%	173,9 k €	+52.1%	114,3 k €	-87.0%	878,1 k €	+925%	85,6 k €	+179%	30,7 k €	+686%	3,9 k €	-48.4%	7,6 k €
Debts	1,4 M €	-0.1%	1,4 M €	-5.0%	1,5 M €	+65.0%	887,7 k €	+0.3%	885,5 k €	+3.6%	854,7 k €	+0.0%	854,7 k €	-3.0%	880,7 k €	-0.4%	884,1 k €	-14.5%	1 M €	-0.2%	1 M €	+0.2%	1 M €	-6.8%	1,1 M €	+7.3%	1 M €	-4.7%	1,1 M €	-6.8%	1,2 M €	-9.3%	1,3 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 9 ended

Active mandates

Agnes Moeyaert

Director

Active

Bart Coeman

Managing director

Active

Geertrui Coeman

Managing director

Active

Ended mandates

Agnes Moeyaert

Managing director · since 23 février 2019 · until 08 février 2025

Ended

Bart Coeman

Director · since 23 février 2019 · until 08 février 2025

Ended

Gabriël Coeman

Managing director · since 23 février 2019 · until 27 mars 2020

Ended

Gabriël Coeman

Managing director · since 23 février 2019 · until 08 février 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/04/2026	08/04/2025	24/04/2024	18/04/2023	05/04/2022	18/03/2021
General meeting	23/03/2026	26/03/2025	19/03/2024	20/03/2023	07/03/2022	27/02/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	23/03/2026	10/04/2026	Dutch	PDF
Micro model	30/09/2024	26/03/2025	08/04/2025	Dutch	PDF
Micro model	30/09/2023	19/03/2024	24/04/2024	Dutch	PDF
Micro model	30/09/2022	20/03/2023	18/04/2023	Dutch	PDF
Micro model	30/09/2021	07/03/2022	05/04/2022	Dutch	PDF
Micro model	30/09/2020	27/02/2021	18/03/2021	Dutch	PDF
Micro model	30/09/2019	29/02/2020	04/03/2020	Dutch	PDF
Micro model	30/09/2018	23/02/2019	19/03/2019	Dutch	PDF
Abridged model	30/09/2017	24/02/2018	23/03/2018	Dutch	PDF
Abridged model	30/09/2016	25/02/2017	24/03/2017	Dutch	PDF
Abridged model	30/09/2015	22/02/2016	25/02/2016	Dutch	PDF
Abridged model	30/09/2014	14/03/2015	09/04/2015	Dutch	PDF
Abridged model	30/09/2013	22/02/2014	13/03/2014	Dutch	PDF
Abridged model	30/09/2012	23/02/2013	26/02/2013	Dutch	PDF
Abridged model	30/09/2011	25/02/2012	12/03/2012	Dutch	PDF
Abridged model	30/09/2010	26/02/2011	04/03/2011	Dutch	PDF
Abridged model	30/09/2009	27/02/2010	08/03/2010	Dutch	PDF
Abridged model	30/09/2008	28/02/2009	02/03/2009	Dutch	PDF
Abridged model	30/09/2007	23/02/2008	19/03/2008	Dutch	PDF
Abridged model	30/09/2006	24/02/2007	28/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2025 · 3 active · 9 ended

Active mandates

Agnes Moeyaert

Director

Active

Bart Coeman

Managing director

Active

Geertrui Coeman

Managing director

Active

Ended mandates

Agnes Moeyaert

Managing director · since 23 février 2019 · until 08 février 2025

Ended

Bart Coeman

Director · since 23 février 2019 · until 08 février 2025

Ended

Gabriël Coeman

Managing director · since 23 février 2019 · until 27 mars 2020

Ended

Gabriël Coeman

Managing director · since 23 février 2019 · until 08 février 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other11/10/2007
DIVERSEN
PDF
Mandates09/05/2003
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-3,8 k €↑
2024
Annual accounts 2024-38,5 k €↓
2023
Annual accounts 2023245 k €↑
2022
Annual accounts 202240,5 k €↓
2021
Annual accounts 202162,9 k €↑
2018
Annual accounts 201855,3 k €↓
2017
Annual accounts 201756,9 k €↑
2016
Annual accounts 2016-15,4 k €↓
2015
Annual accounts 201533,1 k €↑
2014
Annual accounts 2014-45,7 k €↓
2013
Annual accounts 2013-3,3 k €↓
2012
Annual accounts 20121,3 k €↓
2011
Annual accounts 2011320,6 k €↑
2010
Annual accounts 20104,6 k €↑
2009
Annual accounts 200973,7 €↓
2008
Annual accounts 20089,4 k €↑
2007
Annual accounts 2007-16,3 k €
04/11/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ROYAL C

Overview

What does ROYAL C do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline