Huang Fa
ActiveThe computed 12-month bankruptcy probability of Huang Fa is 3.3% (moderate). The 2025 annual accounts show negative equity (€-23k) and a net result of €-1k. Equity is shrinking by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 3620 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+35
Solvency9▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.16 in 2024; short-term debt: 116.4% and cash: 1.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2025Solvency, return and age of the figures
Solvency
-16.4%
Return on assets
-1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18202122232425
2018 to 2025 · latest year €-23k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 d early
2024
57 d late
2023
8 d late
2022
77 d late
2021
32 d late
2020
31 d late
2018
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-23k▼ 6.4%
2024 · €-22k
2018: €1k
2020: €-3k
2021: €-12k
2022: €-15k
2023: €-16k
2024: €-22k
2018 → 2025
Total assets
€140k▲ 316%
2024 · €34k
2018: €33k
2020: €36k
2021: €40k
2022: €92k
2023: €38k
2024: €34k
2018 → 2025
Net result
€-1k▲ 74.7%
2024 · €-6k
2018: €8k
2020: €-16k
2021: €-9k
2022: €-3k
2023: €-805
2024: €-6k
2018 → 2025
Working capital
€-53k▼ 13.4%
2024 · €-47k
2018: €-12k
2020: €-16k
2021: €-42k
2022: €-45k
2023: €-46k
2024: €-47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-15k▼ 28.2%€-16k▼ 5.2%€-22k▼ 34.1%€-23k▼ 6.4%
Operating result€-9k-€-3k▲ 62.9%€-805▲ 76.2%€-5k▼ 568%€-1k▲ 74.1%
Net result€-9k-€-3k▲ 64.3%€-805▲ 76.2%€-6k▼ 585%€-1k▲ 74.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€30k▲ 19.4%
Current assets
€110k▲ 1,183%
Key figures and ratios
Solvency
-16.4%▲
2024 · -64.2%
Current ratio
0.68▲
2024 · 0.16
Quick ratio
0.66▲
2024 · 0.12
Debt / equity
-7.09▼
2024 · -2.56
ROA
-1.0%▲
2024 · -16.3%
Debt
€163k▲
2024 · €55k
Debt ≤ 1 year
€163k▲
2024 · €55k
Staff costs
€21k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€34k€140k▲
Fixed assets21/28€25k€30k▲
Intangible fixed assets21€6k€6k=
Tangible fixed assets22/27€20k€24k▲
Plant, machinery and equipment23€958€1k▲
Furniture and vehicles24€19k€23k▲
Current assets29/58€9k€110k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€4k€106k▲
Trade receivables40€4k€100k▲
Other amounts receivable41-€6k
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€34k€140k▲
Equity10/15€-22k€-23k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-40k€-42k▼
Amounts payable17/49€55k€163k▲
Amounts payable within one year42/48€55k€163k▲
Trade debts44-€102k
Suppliers440/4-€102k
Taxes, remuneration and social security45-€7k
Taxes450/3-€7k
Other amounts payable47/48€55k€54k▼
Income statement
Code20242025
Remuneration, social security and pensions62€24k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€977€1k▲
Gross operating margin9900€25k€21k▼
Operating profit (loss)9901€-5k€-1k▲
Financial charges65/66B€136-
Recurring financial charges65€136-
Profit (loss) for the period before taxes9903€-6k€-1k▲
Profit (loss) for the period9904€-6k€-1k▲
Profit (loss) for the period to be appropriated9905€-6k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-42k▼
Profit (loss) brought forward from the previous period14P€-35k€-40k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-16k ▼300%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brasschaat · 2 establishment units since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bredabaan 4422930 BrasschaatGround area
368 m²
Building footprint
352 m²
Volume, LiDAR
1,558 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MONGOLIAN BARBECUE
since 20162.252.007.032
RESTAURANT KOW SING
since 20182.281.321.224
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0339/00S002 | Flanders | 239 m² | 1 · 222 m² | 8.5 m · 1 fl. |
| 11324D0022/00Z000 | Flanders | 130 m² | 1 · 130 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 5,000 EUR awarded · 5,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Corona-compensatiepremie (stopgezet)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrasschaat2.252.007.032
Brasschaat2.281.321.224
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DA VINCI LANAKEN
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BRASSERIE TASTE
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 2,001 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2016
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:huangfa828@hotmail.com