JIA MING
ActiveSummary
The computed 12-month bankruptcy probability of JIA MING is 4.1% (elevated). The 2025 annual accounts show equity of €49k and a net result of €-29k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 13305 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency58▼-14
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.22 against 1.61 in 2024; short-term debt: 65.3% and cash: 41.3% of total assets), and 67.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
32.7%
Return on assets
-19.1%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
on the day
2021
2 d early
2020
23 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 53.3%
2024 · €105k
2019: €69k
2020: €96k
2021: €175k
2022: €136k
2023: €111k
2024: €105k
2019 → 2025
Total assets
€150k▼ 33.4%
2024 · €225k
2019: €149k
2020: €165k
2021: €269k
2022: €221k
2023: €198k
2024: €225k
2019 → 2025
Net result
€-29k
2024 · €56k
2019: €63k
2020: €27k
2021: €79k
2022: €-39k
2023: €-25k
2024: €56k
2019 → 2025
Working capital
€22k▼ 69.9%
2024 · €73k
2019: €-14k
2020: €31k
2021: €125k
2022: €86k
2023: €78k
2024: €73k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€136k▼ 22.5%€111k▼ 18.0%€105k▼ 6.0%€49k▼ 53.3%
Operating result€96k-€-33k€-19k▲ 42.1%€45k€-25k
Net result€79k-€-39k€-25k▲ 37.9%€56k€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €45k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€30k ▼ 5.8%
Current assets
€120k ▼ 37.9%
Equity and liabilities €150k
Equity
€49k ▼ 53.3%
Debt
€101k ▼ 16.0%
Debt's share of the balance-sheet total rises from 53.4% to 67.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-19k▼
2024 · €52k
Cash flow
€-23k▼
2024 · €62k
Current ratio
1.22▼
2024 · 1.61
Quick ratio
1.11▼
2024 · 1.51
Debt to equity
2.06▲
2024 · 1.15
ROE
-58.4%▼
2024 · 53.7%
ROA
-19.1%▼
2024 · 25.0%
Interest coverage
-2.87▼
2024 · 6.86
Debt ≤ 1 year
€98k▼
2024 · €120k
Income taxes
€233▲
2024 · €156
Staff costs
€188k▲
2024 · €160k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€225k€150k▼
Fixed assets21/28€32k€30k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€14k€10k▼
Furniture and vehicles24€2k€513▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€13k€17k▲
Current assets29/58€193k€120k▼
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€86k€38k▼
Trade receivables40€182€151▼
Other amounts receivable41€86k€37k▼
Cash at bank and in hand54/58€94k€62k▼
Deferred charges and accrued income490/1€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€225k€150k▼
Equity10/15€105k€49k▼
Contributions10/11€6k€6k=
Reserves13€106k€79k▼
Distributable reserves133€106k€79k▼
Profit (loss) carried forward14€-8k€-36k▼
Amounts payable17/49€120k€101k▼
Amounts payable within one year42/48€120k€98k▼
Trade debts44€30k€34k▲
Suppliers440/4€30k€34k▲
Taxes, remuneration and social security45€27k€36k▲
Taxes450/3€15k€16k▲
Remuneration and social security454/9€12k€20k▲
Other amounts payable47/48€63k€27k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€160k€188k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€11k€15k▲
Gross operating margin9900€222k€184k▼
Operating profit (loss)9901€45k€-25k▼
Financial income75/76B€19k€3k▼
Recurring financial income75€5k€3k▼
Non-recurring financial income76B€14k-
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€56k€-28k▼
Income taxes67/77€156€233▲
Profit (loss) for the period9904€56k€-29k▼
Profit (loss) for the period to be appropriated9905€56k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-36k▼
Profit (loss) brought forward from the previous period14P€-64k€-8k▲
Transfer from equity791/2€63k€27k▼
Profit to be distributed694/7€63k€27k▼
Return on contributions (dividend)694€63k€27k▼
The notes to these accounts (8 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €56k
Net result €56k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-39k ▼150%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €79k ▲189%
Operating result €96k, net result €79k, both a record.
31-12
Financial
Equity above €150kEq €175k ▲81.9%
3 profitable years in a row build equity to €175k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mouscron · 1 establishment unit since 2018
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.
Tourcoingstraat 537700 MouscronGround area
135 m²
Building footprint
88 m²
Volume, LiDAR
948 m³
Parcel 54433E0786/00F012, Wallonia · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Jia Ming
since 20182.283.545.789
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54433E0786/00F012 | Wallonia | 135 m² | 1 · 88 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMouscron/Moeskroen2.283.545.789
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.