Result
Back in profit in 2025, after a loss of €7,197 in 2024.
Back in profit in 2025, after a loss of €7,197 in 2024.
The micro format states no turnover.
Debts rose by €100,385 in 2025.
Green is investment, beige is depreciation.
Short-term debts rose from €75,268 to €175,652.
Higher net result than 94% of companies in food and beverage service. Sector median €4,882 · 17,121 companies.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 51% of them on solvency, 67% on liquidity, 93% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as ANDREW WU has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ANDREW WU itself: 1.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ANDREW WU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.87 (0.25 in 2024), below 1. Short-term debt is 69.8% and cash 52.6% of total assets. 69.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 13 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ANDREW WU Charleroi | €251,605 | €191,115 | 30.2% | - |
| Black La Louvière La Louvière | €208,298 | €178,753 | -65.9% | - |
| De Ooverkant Ostend | €240,235 | €195,664 | 7.8% | - |
| MALAWEME Maaseik | €229,499 | €190,061 | 21.2% | - |
| PIZZA DELIVERY SINT-KRUIS BRUGGE Bruges | €278,876 | €197,045 | 21.6% | 1.9 |
| SP.CB Jalhay | €277,720 | €201,163 | 4.7% | - |
| KSIBBS Bruges | €253,796 | €178,741 | -7.3% | - |
These companies have the same main activity as ANDREW WU: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €208,000 and €279,000, founded in 2024.
ANDREW WU has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,953 and a net result of €80,150.
Its solvency ranks better than 51% of 17,145 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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