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SHU-LIU

Active
Private limited companyfounded 200719 yrs activeChaussée de Hannut(Jod.) 8, 1370 Jodoigne, BelgiumKBO/BCE: BE 0886.960.278

SHU-LIU has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €845k and a net result of €116k. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 13090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
70 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-8
Solvency80▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 4.0 in 2024; short-term debt: 7.8% and cash: 10.5% of total assets), and 44.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.4%
Return on assets
7.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
8 d early
2023
9 d early
2022
7 d early
2021
17 d early
2020
3 d early
2019
8 d early
← 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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€845k▲ 15.9%
2024 · €729k
2018: €119k 2019: €140k 2020: €216k 2021: €343k 2022: €488k 2023: €575k 2024: €729k
2018 → 2025
Total assets
€1.53M▲ 36.3%
2024 · €1.12M
2018: €359k 2019: €356k 2020: €423k 2021: €529k 2022: €659k 2023: €936k 2024: €1.12M
2018 → 2025
Net result
€116k▼ 25.0%
2024 · €154k
2018: €18k 2019: €21k 2020: €76k 2021: €128k 2022: €144k 2023: €87k 2024: €154k
2018 → 2025
Working capital
€376k▲ 9.8%
2024 · €343k
2018: €47k 2019: €54k 2020: €121k 2021: €182k 2022: €319k 2023: €301k 2024: €343k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€343k-€488k▲ 42.1%€575k▲ 17.9%€729k▲ 26.8%€845k▲ 15.9%
Operating result€184k-€215k▲ 16.9%€132k▼ 38.4%€236k▲ 78.3%€173k▼ 26.7%
Net result€128k-€144k▲ 13.1%€87k▼ 39.5%€154k▲ 76.5%€116k▼ 25.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €184k€184kNet result 2021: €128k€128kOperating result 2022: €215k€215kNet result 2022: €144k€144kOperating result 2023: €132k€132kNet result 2023: €87k€87kOperating result 2024: €236k€236kNet result 2024: €154k€154kOperating result 2025: €173k€173kNet result 2025: €116k€116k20212022202320242025
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets €1.03M▲ 55.7%
Current assets €495k▲ 8.3%
Equity and liabilities €1.53M
Equity €845k▲ 15.9%
Debt €680k▲ 74.7%
The debt ratio rises from 34.8% to 44.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€286k
2024 · €285k
Cash flow
€229k
2024 · €203k
Solvency
55.4%
2024 · 65.2%
Current ratio
4.16
2024 · 4.00
Quick ratio
4.08
2024 · 3.94
Debt / equity
0.81
2024 · 0.53
ROE
13.7%
2024 · 21.1%
ROA
7.6%
2024 · 13.8%
Interest coverage
20.39
2024 · 22.10
Debt
€680k
2024 · €390k
Debt ≤ 1 year
€119k
2024 · €114k
Debt > 1 year
€561k
2024 · €275k
Income taxes
€49k
2024 · €69k
Staff costs
€98k
2024 · €87k
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€1.12M€1.53M
Fixed assets21/28€662k€1.03M
Tangible fixed assets22/27€662k€1.03M
Land and buildings22€388k€726k
Plant, machinery and equipment23€26k€21k
Furniture and vehicles24€20k€59k
Other tangible fixed assets26€227k€225k
Current assets29/58€457k€495k
Stocks and contracts in progress3€7k€9k
Stocks30/36€7k€9k
Amounts receivable within one year40/41€194k€321k
Trade receivables40€34k-
Other amounts receivable41€160k€321k
Cash at bank and in hand54/58€254k€160k
Deferred charges and accrued income490/1€1k€4k
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.53M
Equity10/15€729k€845k
Contributions10/11€19k€19k=
Reserves13€640k€756k
Non-distributable reserves130/1€616€616=
Reserves not available under the articles1311€616€616=
Distributable reserves133€640k€755k
Profit (loss) carried forward14€70k€70k=
Amounts payable17/49€390k€680k
Amounts payable after more than one year17€275k€561k
Financial debts170/4€263k€550k
Other amounts payable178/9€12k€12k=
Amounts payable within one year42/48€114k€119k
Current portion of amounts payable after more than one year42€46k€63k
Trade debts44€27k€24k
Suppliers440/4€27k€24k
Taxes, remuneration and social security45€33k€32k
Taxes450/3€26k€25k
Remuneration and social security454/9€7k€7k
Other amounts payable47/48€8k-
Income statement Code20242025
Remuneration, social security and pensions62€87k€98k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€113k
Other operating charges640/8€8k€8k
Gross operating margin9900€381k€392k
Operating profit (loss)9901€236k€173k
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€13k€14k
Recurring financial charges65€13k€14k
Profit (loss) for the period before taxes9903€223k€165k
Income taxes67/77€69k€49k
Profit (loss) for the period9904€154k€116k
Profit (loss) for the period to be appropriated9905€154k€116k
Appropriation of the result
Profit (loss) to be appropriated9906€224k€186k
Profit (loss) brought forward from the previous period14P€70k€70k=
Transfer to equity691/2€154k€116k
To other reserves6921€154k€116k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €154k ▲76.5%
Operating result €236k, net result €154k, both a record.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €500kEq €575k ▲17.9%
6 profitable years in a row build equity to €575k.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €200kEq €216k ▲54.5%
3 profitable years in a row build equity to €216k.
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Jodoigne · 1 establishment unit since 2007
establishment The establishment unit on the map
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.

Chaussée de Hannut(Jod.) 81370 Jodoigne
Ground area
432 m²
Building footprint
221 m²
Volume, LiDAR
2,304 m³
Parcel 25048B0128/00L004, Wallonia · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Schunming
Chaussée de Hannut(Jod.) 8, 1370 JodoigneNACE 51170
since 20072.160.562.162
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25048B0128/00L004 Wallonia 432 m² 1 · 221 m² 12.7 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 site
Jodoigne2.160.562.162
1 permission
Toelating · Eetgelegenheid · since 04-07-2011

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 4,748 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-02-2007
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55302
55401
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.