NORMAL SITUATION

ROYAL MIDLAND

Financial year 2025 · closed on 30/09/2025
Net result
-49,3 k €
-997.3% YoY
Gross margin
-10,6 k €
-185.2% YoY
Equity
38,5 k €
-56.1% YoY

Company — Normal situation.

Strike-off: 25 juillet 2026

What does ROYAL MIDLAND do?

ROYAL MIDLAND is a Public limited company incorporated in 2003.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0862.370.184
Incorporation
23/12/2003
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Signals
Solid equityGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin-10,6 k €-3,7 k €-3,1 k €-2 k €-3,1 k €-3,1 k €-8 k €-4 k €-6,9 k €-5,6 k €139,8 k €321 k €232 k €604,5 k €522,9 k €755 k €188,4 k €311,4 k €
EBITDA-11,1 k €-4,2 k €-3,6 k €-2,2 k €-3,7 k €-3,6 k €-8,7 k €-4,6 k €-7,5 k €-6,7 k €138,7 k €319,9 k €230,9 k €592,1 k €521,9 k €753,9 k €187,3 k €310,1 k €
Operating result-49 k €-4,2 k €-3,6 k €-2,2 k €-3,7 k €-3,6 k €-8,7 k €-4,6 k €-7,5 k €-6,7 k €138,7 k €319,9 k €230,9 k €592,1 k €521,9 k €753,9 k €187,3 k €310,1 k €
Net result-49,3 k €-4,5 k €-3,9 k €-2,5 k €-3,9 k €-3,7 k €-8,8 k €-4,8 k €-7,6 k €-6,5 k €138,5 k €249,8 k €162,3 k €406,7 k €349,8 k €503,6 k €-17,6 k €97,2 k €
Balance sheet
Equity38,5 k €87,8 k €92,3 k €96,2 k €98,6 k €109 k €112,7 k €121,5 k €126,3 k €133,9 k €140,4 k €145,9 k €421,2 k €603,8 k €392,1 k €267,4 k €63,8 k €81,3 k €
Total assets41,4 k €87,9 k €93,4 k €96,5 k €99,6 k €109,7 k €117,5 k €121,8 k €126,6 k €138 k €291,5 k €833,2 k €1,2 M €1,7 M €3,1 M €4,2 M €6,3 M €5,3 M €
Cash41,4 k €87,9 k €93,4 k €96,5 k €99,6 k €109,1 k €114,6 k €120,4 k €126,1 k €31 k €39,5 k €19,1 k €15,7 k €55,6 k €32,2 k €13,8 k €35,1 k €62,2 k €
Debts1 k €126 €1,1 k €361,4 €953,9 €709,5 €4,8 k €293,2 €293,2 €4,1 k €151,1 k €687,2 k €754,3 k €1,1 M €2,7 M €4 M €6,2 M €5,2 M €
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 21 ended

Active mandates

DEFIAC

Director · since 01 mars 2025 · until 01 mars 2031 · 0465.168.151

Represented by Frank Deceuninck

Active
DEPOORTER IMMOBILIEN

Director · since 01 mars 2025 · until 01 mars 2031 · 0437.086.948

Represented by Didier Pieters

Active
FLY OVER

Director · since 01 mars 2025 · until 01 mars 2031 · 0477.984.425

Represented by Katleen Spriet

Active

Ended mandates

DEFIAC

Director · since 02 mars 2019 · until 01 mars 2025 · 0465.168.151

Represented by Frank Deceuninck

Ended
DEFIAC

Director · since 02 mars 2019 · until 02 mars 2025 · 0465.168.151

Represented by Deceuninck Frank

Ended
DEPOORTER IMMOBILIEN

Director · since 02 mars 2019 · until 01 mars 2025 · 0437.086.948

Represented by Didier Pieters

Ended
DEPOORTER IMMOBILIEN

Director · since 02 mars 2019 · until 02 mars 2025 · 0437.086.948

Represented by Pieters Didier

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202620/05/202526/04/202427/04/202328/04/202230/04/2021
General meeting07/03/202601/03/202502/03/202404/03/202305/03/202206/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202507/03/202630/04/2026DutchPDF
Abridged model30/09/202401/03/202520/05/2025DutchPDF
Abridged model30/09/202302/03/202426/04/2024DutchPDF
Abridged model30/09/202204/03/202327/04/2023DutchPDF
Abridged model30/09/202105/03/202228/04/2022DutchPDF
Abridged model30/09/202006/03/202130/04/2021DutchPDF
Abridged model30/09/201907/03/202030/04/2020DutchPDF
Abridged model30/09/201802/03/201902/04/2019DutchPDF
Abridged model30/09/201703/03/201827/04/2018DutchPDF
Abridged model30/09/201604/03/201728/04/2017DutchPDF
Abridged model30/09/201505/03/201626/04/2016DutchPDF
Abridged model30/09/201407/03/201515/04/2015DutchPDF
Abridged model30/09/201301/03/201410/04/2014DutchPDF
Abridged model30/09/201202/03/201323/04/2013DutchPDF
Abridged model30/09/201103/03/201225/04/2012DutchPDF
Abridged model30/09/201005/03/201128/04/2011DutchPDF
Abridged model30/09/200906/03/201030/04/2010DutchPDF
Abridged model30/09/200807/03/200924/03/2009DutchPDF
Abridged model30/09/200701/03/200831/03/2008DutchPDF
Abridged model30/09/200603/03/200716/03/2007DutchPDF
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 30/09/2025 · 3 active · 21 ended

Active mandates

DEFIAC

Director · since 01 mars 2025 · until 01 mars 2031 · 0465.168.151

Represented by Frank Deceuninck

Active
DEPOORTER IMMOBILIEN

Director · since 01 mars 2025 · until 01 mars 2031 · 0437.086.948

Represented by Didier Pieters

Active
FLY OVER

Director · since 01 mars 2025 · until 01 mars 2031 · 0477.984.425

Represented by Katleen Spriet

Active

Ended mandates

DEFIAC

Director · since 02 mars 2019 · until 01 mars 2025 · 0465.168.151

Represented by Frank Deceuninck

Ended
DEFIAC

Director · since 02 mars 2019 · until 02 mars 2025 · 0465.168.151

Represented by Deceuninck Frank

Ended
DEPOORTER IMMOBILIEN

Director · since 02 mars 2019 · until 01 mars 2025 · 0437.086.948

Represented by Didier Pieters

Ended
DEPOORTER IMMOBILIEN

Director · since 02 mars 2019 · until 02 mars 2025 · 0437.086.948

Represented by Pieters Didier

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution04/08/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates02/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/02/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/01/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 2025-49,3 k €
  2. 2024
    Annual accounts 2024-4,5 k €
  3. 2023
    Annual accounts 2023-3,9 k €
  4. 2022
    Annual accounts 2022-2,5 k €
  5. 2021
    Annual accounts 2021-3,9 k €
  6. 2019
    Annual accounts 2019-3,7 k €
  7. 2018
    Annual accounts 2018-8,8 k €
  8. 2017
    Annual accounts 2017-4,8 k €
  9. 2016
    Annual accounts 2016-7,6 k €
  10. 2015
    Annual accounts 2015-6,5 k €
  11. 2014
    Annual accounts 2014138,5 k €
  12. 2013
    Annual accounts 2013249,8 k €
  13. 2012
    Annual accounts 2012162,3 k €
  14. 2011
    Annual accounts 2011406,7 k €
  15. 2010
    Annual accounts 2010349,8 k €
  16. 2009
    Annual accounts 2009503,6 k €
  17. 2008
    Annual accounts 2008-17,6 k €
  18. 2007
    Annual accounts 200797,2 k €
  19. 23/12/2003
    IncorporationPublic limited company