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ROYAL OREE

Active
Non-profit associationfounded 1969active for 57 yearsVerbrandendreef 59, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0407.770.578
Summary

ROYAL OREE has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €714,841 and a net result of -€136,347. Equity has been stable since 2019 (±1.4% per year). Its solvency ranks better than 56% of 514 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-06-1969 Normal situation
Activity
Operation of sports facilities NACE 93110and 1 other
Joint committees
329.02 Paritair Subcomité voor de socio-culturele sector van de Franstalige en Duitstalige Gemeenschap en het Waalse Gewest
223 Nationaal Paritair Comité voor de sport
302 Paritair Comité voor het hotelbedrijf · annual accounts 31-08-2022
Establishment unit
2.196.073.565 1150 Sint-Pieters-Woluwe, since 01-01-2008
Financial year end
31 August
Peppol
Reachable since 21-01-2026

Board and ownership

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-08-2025
Gross margin
€547,644
▼ 14.0%
Turnover
≈ €960,000
estimated
Deficit
€136,347
▲ 190%
Equity
€714,841
▼ 16.6%
Total assets
€1.7m
▼ 10.8%
Employees on 31-08-2025
15
▲ 25.0%
Filed on 17-12-2025, 104 days before the deadline
Score breakdownraises riskLoss of €136,347, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 0.83, cash €266,742Founded in 1969Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of small companies in sports and recreation (NACE 93)
Financial strength · tick: 2024
Average
Solvency 66-3
equity 41.0% of total assets
Liquidity 50-3
short-term debt 40.4% · cash 15.3%
Profitability 35-30
return on assets -7.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (423 companies, NACE 93, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%● unchanged vs 01-2026highest value 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.83 (0.88 in 2024), below 1. Short-term debt is 40.4% and cash 15.3% of total assets. 59% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, small). It does better than 64% of them on solvency, 47% on liquidity, 25% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Loss of €136,347, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.83, cash €266,742
NBB · annual accounts
lowers risk · Founded in 1969
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€136,347
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 17-12-2025, 104 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
104 days early
2024
73 days early
2023
80 days early
2022
35 days early
2021
101 days early
2020
79 days early
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 64 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 11 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end01-11-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€136,347 View
  • Caution: Result fell in 2025from -€47,095 to -€136,347 ▼ 190% View
  • Positive: Oldest company in Sint-Pieters-Woluwe, Arts, sports and recreation sectorin the Checked rankings No. 1 View
  • Directors leftlatest change 17-02-2026 · 11 in office 3 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as ROYAL OREE: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €1.2m and €2.6m, founded between 1968 and 1990.

CompanyTotal assetsGross margin
ROYAL OREE Sint-Pieters-Woluwe€1.7m€0.5m
Den Bruul Geel€2.5m€0.6m
GESTFIM Ukkel€1.4m€0.5m
Royal Golf Club du Hainaut Jurbise€2.6m€1.0m
KARTING DES FAGNES Couvin€1.8m€0.9m
A.E.B. FARM AND SPORTS MANAGEMENT Mol€1.2m€0.6m
Omnisport Schoten€2.2m€1.2m
Full comparison

Key facts about ROYAL OREE

What is the company number of ROYAL OREE?
The company number of ROYAL OREE is 0407.770.578. The VAT number is the same number with BE in front: BE 0407.770.578.
Where is ROYAL OREE based?
The registered office is at Verbrandendreef 59, 1150 Sint-Pieters-Woluwe.Company details
What does ROYAL OREE do?
According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
What is the legal form of ROYAL OREE?
The legal form of ROYAL OREE is Non-profit association (VZW).
When was ROYAL OREE founded?
ROYAL OREE was founded on 19-06-1969.
Is ROYAL OREE still active?
Yes, ROYAL OREE is an active enterprise in the KBO register.
How many employees does ROYAL OREE have?
ROYAL OREE had an average of 12.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ROYAL OREE fall under?
In its 31-08-2022 annual accounts, ROYAL OREE states joint committees 329.02 (Paritair Subcomité voor de socio-culturele sector van de Franstalige en Duitstalige Gemeenschap en het Waalse Gewest), 223 (Nationaal Paritair Comité voor de sport) and 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of ROYAL OREE?
The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €547,644 and 30 comparable companies (NACE 931). It probably lies between €720,000 and €1.2m.
Is ROYAL OREE profitable?
In financial year 2025, ROYAL OREE made a loss of €136,347.
Where can I find the annual accounts of ROYAL OREE?
ROYAL OREE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ROYAL OREE due?
ROYAL OREE must file the annual accounts for financial year 2026 by 31-03-2027.Timeline

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