EC WANG
ActiveThe computed 12-month bankruptcy probability of EC WANG is 3.1% (moderate). The 2025 annual accounts show equity of €467k and a net result of €65k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 13204 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-14
Solvency100▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 3.85 in 2024; short-term debt: 14.4% and cash: 24.4% of total assets), and 22.3% 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
77.7%
Return on assets
10.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
26 d late
2024
36 d early
2023
18 d late
2022
31 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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€467k▼ 6.2%
2024 · €498k
2022: €165k
2023: €348k
2024: €498k
2022 → 2025
Total assets
€601k▼ 14.5%
2024 · €703k
2022: €394k
2023: €640k
2024: €703k
2022 → 2025
Net result
€65k▼ 57.0%
2024 · €151k
2022: €159k
2023: €184k
2024: €151k
2022 → 2025
Working capital
€226k▼ 5.9%
2024 · €240k
2022: €-28k
2023: €131k
2024: €240k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€165k-€348k▲ 110%€498k▲ 43.0%€467k▼ 6.2%
Operating result€211k-€246k▲ 16.4%€214k▼ 13.0%€92k▼ 57.2%
Net result€159k-€184k▲ 15.8%€151k▼ 17.8%€65k▼ 57.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 57% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €601k
Fixed assets
€289k▼ 23.8%
Current assets
€312k▼ 3.7%
Equity and liabilities €601k
Equity
€467k▼ 6.2%
Debt
€134k▼ 34.9%
The debt ratio falls from 29.2% to 22.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€188k▼
2024 · €309k
Cash flow
€162k▼
2024 · €246k
Solvency
77.7%▲
2024 · 70.8%
Current ratio
3.62▼
2024 · 3.85
Quick ratio
3.35▼
2024 · 3.62
Debt / equity
0.29▼
2024 · 0.41
ROE
13.9%▼
2024 · 30.4%
ROA
10.8%▼
2024 · 21.5%
Interest coverage
30.82▼
2024 · 36.29
Debt
€134k▼
2024 · €205k
Debt ≤ 1 year
€86k▲
2024 · €84k
Debt > 1 year
€41k▼
2024 · €115k
Income taxes
€20k▼
2024 · €46k
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€703k€601k▼
Fixed assets21/28€379k€289k▼
Intangible fixed assets21€143k€123k▼
Tangible fixed assets22/27€234k€164k▼
Plant, machinery and equipment23€63k€36k▼
Furniture and vehicles24€170k€122k▼
Other tangible fixed assets26-€6k
Financial fixed assets28€2k€2k=
Current assets29/58€324k€312k▼
Amounts receivable after more than one year29€45k€45k=
Other amounts receivable291€45k€45k=
Stocks and contracts in progress3€19k€23k▲
Stocks30/36€19k€23k▲
Amounts receivable within one year40/41€20k€46k▲
Trade receivables40€12k€5k▼
Other amounts receivable41€9k€41k▲
Current investments50/53-€43k
Cash at bank and in hand54/58€239k€147k▼
Deferred charges and accrued income490/1€797€9k▲
Equity and liabilities
Total equity and liabilities10/49€703k€601k▼
Equity10/15€498k€467k▼
Contributions10/11€8k€8k=
Reserves13€490k€459k▼
Distributable reserves133€490k€459k▼
Amounts payable17/49€205k€134k▼
Amounts payable after more than one year17€115k€41k▼
Financial debts170/4€115k€41k▼
Amounts payable within one year42/48€84k€86k▲
Current portion of amounts payable after more than one year42€71k€74k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€3k€300▼
Taxes450/3€3k€300▼
Other amounts payable47/48€3k€5k▲
Accrued charges and deferred income492/3€6k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€97k▲
Other operating charges640/8€793€1k▲
Gross operating margin9900€309k€189k▼
Operating profit (loss)9901€214k€92k▼
Financial charges65/66B€17k€6k▼
Recurring financial charges65€9k€6k▼
Non-recurring financial charges66B€8k-
Profit (loss) for the period before taxes9903€197k€85k▼
Income taxes67/77€46k€20k▼
Profit (loss) for the period9904€151k€65k▼
Profit (loss) for the period to be appropriated9905€151k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€151k€65k▼
Transfer from equity791/2-€96k
Transfer to equity691/2€150k€65k▼
To other reserves6921€150k€65k▼
Profit to be distributed694/7€2k€96k▲
Return on contributions (dividend)694€2k€96k▲
The notes to these accounts (10 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
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €65k ▼57%
Net result drops to €65k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
31-12
Financial
Highest result since 2022net €184k ▲15.8%
Operating result €246k, net result €184k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.24
Current ratio from 0.73 to 2.24.
31-12
Financial
Equity above €200kEq €348k ▲110%
2 profitable years in a row build equity to €348k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Maaseik · 1 establishment unit since 2018
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.
Weertersteenweg 943680 MaaseikGround area
2,222 m²
Building footprint
875 m²
Volume, LiDAR
4,725 m³
Parcel 72021A1462/00K003, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frituur Special
since 20182.281.341.416
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1462/00K003 | Flanders | 2,222 m² | 1 · 875 m² | 8.5 m · 2 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 siteMaaseik2.281.341.416
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 4,606 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2022
Fiscal year end31-12
Trade name NL
Frituur Special
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.