Zhu-Su
ActiveThe computed 12-month bankruptcy probability of Zhu-Su is 2.0% (moderate). The 2024 annual accounts show equity of €68k and a net result of €9k. Equity is growing by ~50.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 18936 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy▲ +31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+67
Solvency48▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.76 in 2023), and 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 2024Solvency, return and age of the figures
Solvency
32.1%
Return on assets
4.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
13 d early
2022
22 d late
2021
28 d early
2020
31 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€68k▲ 15.6%
2023 · €59k
2018: €-111k
2019: €-48k
2020: €-10k
2021: €-14k
2022: €63k
2023: €59k
2018 → 2024
Total assets
€212k▼ 1.3%
2023 · €215k
2018: €246k
2019: €178k
2020: €220k
2021: €269k
2022: €311k
2023: €215k
2018 → 2024
Net result
€9k
2023 · €-4k
2018: €-117k
2019: €62k
2020: €38k
2021: €-4k
2022: €77k
2023: €-4k
2018 → 2024
Working capital
€-18k▲ 27.7%
2023 · €-24k
2018: €-61k
2019: €-29k
2020: €-10k
2021: €-22k
2022: €3k
2023: €-24k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€-14k▼ 38.2%€63k€59k▼ 7.1%€68k▲ 15.6%
Operating result€44k-€5k▼ 89.0%€80k▲ 1,556%€3k▼ 95.8%€21k▲ 527%
Net result€38k-€-4k€77k€-4k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 527% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €212k
Fixed assets
€97k▼ 29.8%
Current assets
€115k▲ 50.4%
Equity and liabilities €212k
Equity
€68k▲ 15.6%
Debt
€144k▼ 7.7%
The debt ratio falls from 72.6% to 67.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€62k▲
2023 · €45k
Cash flow
€50k▲
2023 · €37k
Solvency
32.1%▲
2023 · 27.4%
Current ratio
0.87▲
2023 · 0.76
Quick ratio
0.84▲
2023 · 0.72
Debt / equity
2.12▼
2023 · 2.65
ROE
13.5%▲
2023 · -7.6%
ROA
4.3%▲
2023 · -2.1%
Interest coverage
10.62▲
2023 · 6.74
Debt
€144k▼
2023 · €156k
Debt ≤ 1 year
€132k▲
2023 · €101k
Debt > 1 year
€10k▼
2023 · €53k
Income taxes
€6k▲
2023 · €1k
Staff costs
€175k▼
2023 · €185k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€215k€212k▼
Fixed assets21/28€139k€97k▼
Tangible fixed assets22/27€136k€95k▼
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€36k€26k▼
Leasing and similar rights25€17k€6k▼
Other tangible fixed assets26€73k€56k▼
Financial fixed assets28€2k€2k=
Current assets29/58€76k€115k▲
Amounts receivable after more than one year29€5k€5k=
Other amounts receivable291€5k€5k=
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€16k€42k▲
Trade receivables40€16k€39k▲
Other amounts receivable41€86€3k▲
Cash at bank and in hand54/58€51k€60k▲
Deferred charges and accrued income490/1€798€4k▲
Equity and liabilities
Total equity and liabilities10/49€215k€212k▼
Equity10/15€59k€68k▲
Contributions10/11€6k€6k=
Reserves13€53k€62k▲
Distributable reserves133€53k€62k▲
Amounts payable17/49€156k€144k▼
Amounts payable after more than one year17€53k€10k▼
Financial debts170/4€53k€10k▼
Amounts payable within one year42/48€101k€132k▲
Current portion of amounts payable after more than one year42€37k€28k▼
Trade debts44€20k€53k▲
Suppliers440/4€20k€53k▲
Taxes, remuneration and social security45€39k€47k▲
Taxes450/3€18k€22k▲
Remuneration and social security454/9€20k€25k▲
Other amounts payable47/48€4k€4k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€185k€175k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€41k▼
Other operating charges640/8€3k€7k▲
Gross operating margin9900€234k€243k▲
Operating profit (loss)9901€3k€21k▲
Financial income75/76B€7€266▲
Recurring financial income75€7€266▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-3k€15k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€-4k€9k▲
Profit (loss) for the period to be appropriated9905€-4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€9k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€4k€0▼
Transfer to equity691/2€0€9k▲
To other reserves6921€0€9k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €77k
Net result €77k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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-Niklaas · 1 establishment unit since 2017
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.
Stationsplein 89100 Sint-NiklaasGround area
1.3 ha
Building footprint
1.0 ha
Volume, LiDAR
133,322 m³
2 parcels, Flanders · tallest building 21.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
OISHII
since 20172.265.979.089
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0397/04R000 | Flanders | 8,588 m² | 1 · 6,251 m² | 21.5 m · 5 fl. |
| 46447B0471/00Z006indicative | Flanders | 3,938 m² | 1 · 3,924 m² | 19.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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 siteSint-Niklaas2.265.979.089
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,731 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.