CHINA
ActiveCHINA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €37k. Equity is growing by ~32.3% 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 1.1% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-4
Solvency80▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 9.13 against 6.33 in 2024; short-term debt: 10.9% and cash: 18.5% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.3%
Return on assets
11.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-09-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
2 d early
2023
10 d late
2022
17 d late
2021
9 d late
2020
16 d late
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€174k▲ 26.9%
2024 · €137k
2019: €43k
2020: €43k
2021: €50k
2022: €77k
2023: €102k
2024: €137k
2019 → 2025
Total assets
€315k▲ 7.2%
2024 · €294k
2019: €194k
2020: €194k
2021: €214k
2022: €234k
2023: €261k
2024: €294k
2019 → 2025
Net result
€37k▼ 12.5%
2024 · €42k
2019: €9k
2020: €2k
2021: €7k
2022: €26k
2023: €32k
2024: €42k
2019 → 2025
Working capital
€280k▲ 14.5%
2024 · €244k
2019: €175k
2020: €175k
2021: €194k
2022: €213k
2023: €227k
2024: €244k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€77k▲ 52.9%€102k▲ 32.9%€137k▲ 34.8%€174k▲ 26.9%
Operating result€10k-€35k▲ 251%€44k▲ 26.9%€59k▲ 33.2%€53k▼ 9.9%
Net result€7k-€26k▲ 272%€32k▲ 21.6%€42k▲ 31.1%€37k▼ 12.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315k
Fixed assets
€1k▼ 67.3%
Current assets
€314k▲ 8.3%
Equity and liabilities €315k
Equity
€174k▲ 26.9%
Debt
€141k▼ 10.0%
The debt ratio falls from 53.3% to 44.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €61k
Cash flow
€40k▼
2024 · €45k
Solvency
55.3%▲
2024 · 46.7%
Current ratio
9.13▲
2024 · 6.33
Quick ratio
9.09▲
2024 · 6.31
Debt / equity
0.81▼
2024 · 1.14
ROE
21.2%▼
2024 · 30.8%
ROA
11.7%▼
2024 · 14.4%
Interest coverage
70.73▲
2024 · 62.87
Debt
€141k▼
2024 · €157k
Debt ≤ 1 year
€34k▼
2024 · €46k
Debt > 1 year
€107k▼
2024 · €111k
Income taxes
€15k▼
2024 · €15k
Staff costs
€43k▼
2024 · €48k
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€294k€315k▲
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€885€502▼
Furniture and vehicles24€3k€865▼
Current assets29/58€290k€314k▲
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€192k€252k▲
Other amounts receivable41€192k€252k▲
Current investments50/53€50k€0▼
Cash at bank and in hand54/58€44k€58k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€294k€315k▲
Equity10/15€137k€174k▲
Contributions10/11€8k€8k=
Reserves13€130k€167k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€130k€167k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€157k€141k▼
Amounts payable after more than one year17€111k€107k▼
Financial debts170/4€2k€0▼
Other amounts payable178/9€109k€107k▼
Amounts payable within one year42/48€46k€34k▼
Current portion of amounts payable after more than one year42€7k€3k▼
Financial debts43€1k€8k▲
Credit institutions430/8€1k€8k▲
Trade debts44€10k€10k▼
Suppliers440/4€10k€10k▼
Taxes, remuneration and social security45€21k€14k▼
Taxes450/3€13k€7k▼
Remuneration and social security454/9€9k€8k▼
Other amounts payable47/48€7k€0▼
Accrued charges and deferred income492/3€10€3▼
Income statement
Code20242025
Remuneration, social security and pensions62€48k€43k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€962€2k▲
Gross operating margin9900€110k€100k▼
Operating profit (loss)9901€59k€53k▼
Financial income75/76B€97€352▲
Recurring financial income75€97€352▲
Financial charges65/66B€974€786▼
Recurring financial charges65€974€786▼
Profit (loss) for the period before taxes9903€58k€52k▼
Income taxes67/77€15k€15k▼
Profit (loss) for the period9904€42k€37k▼
Profit (loss) for the period to be appropriated9905€42k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€37k▼
Transfer to equity691/2€35k€37k▲
To other reserves6921€35k€37k▲
Profit to be distributed694/7€7k€0▼
Directors or managers695€7k€0▼
The notes to these accounts (6 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
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €150kEq €174k ▲26.9%
7 profitable years in a row build equity to €174k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €42k ▲31.1%
Operating result €59k, net result €42k, both a record.
2023
10-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
31-03
Financial
Equity above €100kEq €102k ▲32.9%
5 profitable years in a row build equity to €102k.
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
31-03
Financial
Weakest financial yearnet €2k ▼77.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Brugge · 1 establishment unit since 1994
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.
Zuidzandstraat 458000 BruggeGround area
185 m²
Building footprint
164 m²
Volume, LiDAR
2,619 m³
Parcel 31803C1292/00M000, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RESTAURANT CHINA
since 19942.066.282.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31803C1292/00M000 | Flanders | 185 m² | 1 · 164 m² | 18.2 m · 5 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.066.282.815
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RESTAURANT LA VIGNA
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-1994
Fiscal year end31-03
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.