ROYAL SUN EXOTIC
ActiveSummary
The computed 12-month bankruptcy probability of ROYAL SUN EXOTIC is 1.6% (moderate). The 2024 annual accounts show equity of €54k and a net result of €9k. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 26043 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability88▼-6
Solvency100▲+13
Growth73▼-1
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 4.88 against 2.56 in 2023; short-term debt: 12.1% and cash: 36.1% of total assets), and 24.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75.7%
Return on assets
12.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-03-2026, 239 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
239 d late
2023
72 d late
2022
101 d late
2021
12 d late
2020
31 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€175k▲ 2.1%
2023 · €171k
2018: €106k
2019: €127k▲ +20.5% vs 2018
2020: €90k▼ -29.5% vs 2019lowest in 7 years
2021: €139k▲ +55.3% vs 2020
2022: €167k▲ +19.8% vs 2021
2023: €171k▲ +2.7% vs 2022
2024: €175k▲ +2.1% vs 2023highest in 7 years
2018 → 2024
EBIT margin
7.7%▼ 1.5pp
2023 · 9.2%
2018: 6.3%
2019: 6.4%▲ +2.0% vs 2018
2020: -8.5%▼ -232% vs 2019lowest in 7 years
2021: 18.1%▲ +313% vs 2020highest in 7 years
2022: 6.8%▼ -62.5% vs 2021
2023: 9.2%▲ +35.2% vs 2022
2024: 7.7%▼ -16.0% vs 2023
2018 → 2024
Net result
€9k▼ 32.5%
2023 · €13k
2018: €6k
2019: €7k▲ +14.6% vs 2018
2020: €-9k▼ -221% vs 2019lowest in 7 years
2021: €24k▲ +378% vs 2020highest in 7 years
2022: €11k▼ -55.5% vs 2021
2023: €13k▲ +18.8% vs 2022
2024: €9k▼ -32.5% vs 2023
2018 → 2024
Working capital
€34k▲ 75.0%
2023 · €19k
2018: €-72klowest in 7 years
2019: €-56k▲ +22.9% vs 2018
2020: €-56k▼ -1.4% vs 2019
2021: €-22k▲ +61.8% vs 2020
2022: €-866▲ +96.0% vs 2021
2023: €19k▲ +2318% vs 2022
2024: €34k▲ +75.0% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€90k-€139k▲ 55.3%€167k▲ 19.8%€171k▲ 2.7%€175k▲ 2.1%
2020: €90klowest in 5 years
2021: €139k▲ +55.3% vs 2020
2022: €167k▲ +19.8% vs 2021
2023: €171k▲ +2.7% vs 2022
2024: €175k▲ +2.1% vs 2023highest in 5 years
Equity€-3k-€22k€33k▲ 49.7%€45k▲ 39.5%€54k▲ 19.1%
2020: €-3klowest in 5 years
2021: €22k▲ +943% vs 2020
2022: €33k▲ +49.7% vs 2021
2023: €45k▲ +39.5% vs 2022
2024: €54k▲ +19.1% vs 2023highest in 5 years
Operating result€-8k-€25k€11k▼ 55.1%€16k▲ 38.9%€13k▼ 14.3%
2020: €-8klowest in 5 years
2021: €25k▲ +431% vs 2020highest in 5 years
2022: €11k▼ -55.1% vs 2021
2023: €16k▲ +38.9% vs 2022
2024: €13k▼ -14.3% vs 2023
Net result€-9k-€24k€11k▼ 55.5%€13k▲ 18.8%€9k▼ 32.5%
2020: €-9klowest in 5 years
2021: €24k▲ +378% vs 2020highest in 5 years
2022: €11k▼ -55.5% vs 2021
2023: €13k▲ +18.8% vs 2022
2024: €9k▼ -32.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€29k ▼ 30.3%
Current assets
€42k ▲ 34.1%
Equity and liabilities €71k
Equity
€54k ▲ 19.1%
Debt
€17k ▼ 37.9%
Debt's share of the balance-sheet total falls from 38.1% to 24.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▼
2023 · €35k
Cash flow
€29k▼
2023 · €32k
Current ratio
4.88▲
2023 · 2.56
Debt to equity
0.32▼
2023 · 0.62
ROE
16.0%▼
2023 · 28.3%
ROA
12.1%▼
2023 · 17.5%
Interest coverage
31.54▲
2023 · 24.81
Debt ≤ 1 year
€9k▼
2023 · €12k
Debt > 1 year
€9k▼
2023 · €16k
Income taxes
€4k▲
2023 · €1k
Staff costs
€9k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€73k€71k▼
Formation expenses20-€0
Fixed assets21/28€42k€29k▼
Tangible fixed assets22/27€34k€22k▼
Land and buildings22€107-
Plant, machinery and equipment23€30k€21k▼
Furniture and vehicles24€4k€859▼
Financial fixed assets28€7k€7k=
Current assets29/58€32k€42k▲
Amounts receivable within one year40/41€19k€16k▼
Trade receivables40€13k€8k▼
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€13k€26k▲
Equity and liabilities
Total equity and liabilities10/49€73k€71k▼
Equity10/15€45k€54k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Profit (loss) carried forward14€27k€35k▲
Amounts payable17/49€28k€17k▼
Amounts payable after more than one year17€16k€9k▼
Financial debts170/4€16k€9k▼
Amounts payable within one year42/48€12k€9k▼
Trade debts44€12k€6k▼
Suppliers440/4€10k€6k▼
Bills of exchange payable441€2k-
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€397€281▼
Remuneration and social security454/9€397€281▼
Other amounts payable47/48€10€9▼
Income statement
Code20232024
Turnover70€171k€175k▲
Goods, raw materials, services and sundry goods60/61€126k€131k▲
Remuneration, social security and pensions62€9k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€45k€44k▼
Operating profit (loss)9901€16k€13k▼
Financial income75/76B-€128
Recurring financial income75-€128
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€14k€13k▼
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€13k€9k▼
Profit (loss) for the period to be appropriated9905€13k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€35k▲
Profit (loss) brought forward from the previous period14P€14k€27k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €90k | €139k | €167k | €171k | €175k | ▲ 2.1% |
| Goods, raw materials, services and sundry goods60/61 | - | €91k | €130k | €126k | €131k | ▲ 4.0% |
| Remuneration, social security and pensions62 | - | €6k | €8k | €9k | €9k | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €16k | €16k | €19k | €20k | ▲ 5.0% |
| Other operating charges640/8 | - | €457 | €1k | €2k | €1k | ▼ 24.2% |
| Gross operating margin9900 | €16k | €48k | €37k | €45k | €44k | ▼ 3.0% |
| Operating profit (loss)9901 | €-8k | €25k | €11k | €16k | €13k | ▼ 14.3% |
| Financial income75/76B | - | - | - | - | €128 | - |
| Recurring financial income75 | - | - | - | - | €128 | - |
| Financial charges65/66B | - | €885 | €503 | €1k | €1k | ▼ 24.2% |
| Recurring financial charges65 | €1k | €885 | €503 | €1k | €1k | ▼ 24.2% |
| Profit (loss) for the period before taxes9903 | €-9k | €24k | €11k | €14k | €13k | ▼ 12.4% |
| Income taxes67/77 | - | - | - | €1k | €4k | ▲ 165% |
| Profit (loss) for the period9904 | €-9k | €24k | €11k | €13k | €9k | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €24k | €11k | €13k | €9k | ▼ 32.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87k | €66k | €57k | €73k | €71k | ▼ 2.6% |
| Formation expenses20 | €429 | €322 | €215 | - | €0 | - |
| Fixed assets21/28 | €67k | €51k | €35k | €42k | €29k | ▼ 30.3% |
| Intangible fixed assets21 | €40k | €29k | - | - | - | - |
| Tangible fixed assets22/27 | €20k | €14k | €27k | €34k | €22k | ▼ 36.9% |
| Land and buildings22 | - | - | - | €107 | - | - |
| Plant, machinery and equipment23 | - | - | - | €30k | €21k | ▼ 30.2% |
| Furniture and vehicles24 | - | €14k | €27k | €4k | €859 | ▼ 80.5% |
| Financial fixed assets28 | €7k | €7k | €7k | €7k | €7k | = |
| Current assets29/58 | €20k | €15k | €22k | €32k | €42k | ▲ 34.1% |
| Amounts receivable within one year40/41 | €17k | €8k | €9k | €19k | €16k | ▼ 12.6% |
| Trade receivables40 | - | €3k | €5k | €13k | €8k | ▼ 36.8% |
| Other amounts receivable41 | - | €5k | €5k | €6k | €8k | ▲ 39.0% |
| Cash at bank and in hand54/58 | €3k | €7k | €12k | €13k | €26k | ▲ 104% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87k | €66k | €57k | €73k | €71k | ▼ 2.6% |
| Equity10/15 | €-3k | €22k | €33k | €45k | €54k | ▲ 19.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | - | €19k | - | - |
| Issued capital100 | - | €19k | - | €19k | - | - |
| Profit (loss) carried forward14 | €-21k | €3k | €14k | €27k | €35k | ▲ 32.4% |
| Amounts payable17/49 | €90k | €44k | €24k | €28k | €17k | ▼ 37.9% |
| Amounts payable after more than one year17 | €14k | €8k | €2k | €16k | €9k | ▼ 44.3% |
| Financial debts170/4 | - | €8k | €2k | €16k | €9k | ▼ 44.3% |
| Amounts payable within one year42/48 | €76k | €37k | €23k | €12k | €9k | ▼ 29.7% |
| Trade debts44 | €5k | €3k | €4k | €12k | €6k | ▼ 49.0% |
| Suppliers440/4 | - | €3k | €4k | €10k | €6k | ▼ 39.4% |
| Bills of exchange payable441 | - | - | - | €2k | - | - |
| Advances received on contracts in progress46 | - | - | - | - | €2k | - |
| Taxes, remuneration and social security45 | - | €270 | €325 | €397 | €281 | ▼ 29.2% |
| Remuneration and social security454/9 | - | €270 | €325 | €397 | €281 | ▼ 29.2% |
| Other amounts payable47/48 | - | €33k | €18k | €10 | €9 | ▼ 10.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €24k | €11k | €13k | €9k | ▼ 32.5% |
| + Depreciation and write-downs630 | €16k | €16k | €16k | €19k | €20k | ▲ 5.0% |
| Operating cash flow (approximation) | €8k | €41k | €27k | €32k | €29k | ▼ 10.0% |
| Investment in fixed assets (approximation) | - | €-107 | €-108 | €-26k | €-8k | ▲ 71.1% |
| Change in cash | - | €3k | €6k | €325 | €13k | ▲ 3,937% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 239 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.56
Current ratio from 0.96 to 2.56; short-term debt falls from €23k to €12k.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
13-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2015
Ground area
935 m²
Building footprint
681 m²
Volume, LiDAR
11,237 m³
Parcel 21013B0006/00F014, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ROYAL EXOTIC
since 20152.239.732.770
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0006/00F014 | Brussels | 935 m² | 1 · 681 m² | 21.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,069 companies in sector 47750 we hold annual accounts for 517. 392 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47750Retail sale of cosmetics and toilet articles
96230Day spas, saunas and steam baths
Scores and ratios are computed by Checked and are not a credit decision.