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CHANG DI QIANG

Active
Private limited companyfounded 201412 yrs activeRue des Magnolias 3, 7800 Ath, BelgiumKBO/BCE: BE 0553.635.418

CHANG DI QIANG has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €474k and a net result of €54k. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 13204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
82 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.31 against 3.75 in 2024; short-term debt: 10.4% and cash: 79.1% of total assets), and 10.5% 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
89.5%
Return on assets
10.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 12 years 0 20 y
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 · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
63 d late
2021
2 d early
2020
24 d late
2019
39 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 months
Position in the running window
19-09-2026 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
€474k▲ 13.0%
2024 · €420k
2018: €90k 2019: €146k 2020: €123k 2021: €210k 2022: €241k 2023: €354k 2024: €420k
2018 → 2025
Total assets
€530k▼ 2.0%
2024 · €540k
2018: €207k 2019: €230k 2020: €143k 2021: €329k 2022: €360k 2023: €455k 2024: €540k
2018 → 2025
Net result
€54k▼ 45.9%
2024 · €100k
2018: €-21k 2019: €56k 2020: €-23k 2021: €144k 2022: €65k 2023: €113k 2024: €100k
2018 → 2025
Working capital
€404k▲ 22.0%
2024 · €332k
2018: €-18k 2019: €55k 2020: €47k 2021: €125k 2022: €73k 2023: €231k 2024: €332k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€210k-€241k▲ 14.4%€354k▲ 47.1%€420k▲ 18.5%€474k▲ 13.0%
Operating result€187k-€100k▼ 46.6%€172k▲ 72.0%€152k▼ 11.4%€86k▼ 43.7%
Net result€144k-€65k▼ 55.1%€113k▲ 75.1%€100k▼ 11.3%€54k▼ 45.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €187k€187kNet result 2021: €144k€144kOperating result 2022: €100k€100kNet result 2022: €65k€65kOperating result 2023: €172k€172kNet result 2023: €113k€113kOperating result 2024: €152k€152kNet result 2024: €100k€100kOperating result 2025: €86k€86kNet result 2025: €54k€54k20212022202320242025
The operating result has fallen two years in a row; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €530k
Fixed assets €70k▼ 20.9%
Current assets €460k▲ 1.7%
Equity and liabilities €530k
Equity €474k▲ 13.0%
Debt €56k▼ 54.0%
The debt ratio falls from 22.4% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€114k
2024 · €188k
Cash flow
€82k
2024 · €136k
Solvency
89.5%
2024 · 77.6%
Current ratio
8.31
2024 · 3.75
Quick ratio
8.21
2024 · 3.71
Debt / equity
0.12
2024 · 0.29
ROE
11.5%
2024 · 24.0%
ROA
10.3%
2024 · 18.6%
Interest coverage
9.57
2024 · 16.46
Debt
€56k
2024 · €121k
Debt ≤ 1 year
€55k
2024 · €121k
Income taxes
€23k
2024 · €44k
Staff costs
€150k
2024 · €146k
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€540k€530k
Fixed assets21/28€88k€70k
Tangible fixed assets22/27€72k€53k
Plant, machinery and equipment23€12k€18k
Furniture and vehicles24€59k€36k
Financial fixed assets28€16k€16k
Current assets29/58€452k€460k
Stocks and contracts in progress3€5k€5k
Stocks30/36€5k€5k
Amounts receivable within one year40/41€35k€35k
Trade receivables40€1k€1k
Other amounts receivable41€34k€34k
Cash at bank and in hand54/58€412k€419k
Deferred charges and accrued income490/1-€120
Equity and liabilities
Total equity and liabilities10/49€540k€530k
Equity10/15€420k€474k
Contributions10/11€19k€19k=
Reserves13€401k€455k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€399k€453k
Amounts payable17/49€121k€56k
Amounts payable within one year42/48€121k€55k
Current portion of amounts payable after more than one year42€3k-
Trade debts44€27k€21k
Suppliers440/4€27k€21k
Taxes, remuneration and social security45€57k€32k
Taxes450/3€39k€14k
Remuneration and social security454/9€18k€18k
Other amounts payable47/48€33k€3k
Accrued charges and deferred income492/3€300€300=
Income statement Code20242025
Remuneration, social security and pensions62€146k€150k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€28k
Other operating charges640/8€12k€14k
Gross operating margin9900€346k€277k
Operating profit (loss)9901€152k€86k
Financial income75/76B€3k€3k
Recurring financial income75€3k€3k
Financial charges65/66B€11k€12k
Recurring financial charges65€11k€12k
Profit (loss) for the period before taxes9903€144k€77k
Income taxes67/77€44k€23k
Profit (loss) for the period9904€100k€54k
Profit (loss) for the period to be appropriated9905€100k€54k
Appropriation of the result
Profit (loss) to be appropriated9906€100k€54k
Transfer from equity791/2€35k-
Transfer to equity691/2€100k€54k
To other reserves6921€100k€54k
Profit to be distributed694/7€35k-
Return on contributions (dividend)694€35k-

The notes to these accounts (9 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
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity doublescurrent ratio 8.31
Current ratio from 3.75 to 8.31; short-term debt falls from €121k to €55k.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 3.29
Current ratio from 1.62 to 3.29; short-term debt falls from €119k to €101k.
02-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €144k
Net result €144k after one loss-making year.
31-12
Financial Equity above €200kEq €210k ▲71.5%
Equity rises from €123k to €210k.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial Weakest financial yearnet €-23k ▼142%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 3.45
Current ratio from 1.70 to 3.45; short-term debt falls from €78k to €19k.
08-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
31-12
Financial Back to profitnet €56k
Net result €56k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.70
Current ratio from 0.83 to 1.70; short-term debt falls from €105k to €78k.
31-12
Financial Equity above €100kEq €146k ▲61.7%
Equity rises from €90k to €146k.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Ath · 1 establishment unit since 2014
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.

Rue des Magnolias 37800 Ath
1 establishment unit
CHANG DI QIANG
Rue des Magnolias 3, 7800 AthFull-service restaurants
since 20142.232.207.550

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ath2.232.207.550
1 permission
Toelating · Eetgelegenheid · since 02-07-2018

Similar companies · same sector, comparable size

Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 6,452 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-06-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filings

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.