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FU AN

Active Private limited companyfounded 2021active for 4 yearsBrugsesteenweg 189, 8520 KuurneKBO/BCE: BE 0777.556.750 #7 company by total assets in Kuurne, Accommodation and food service sector

Lifetime

4 annual accounts with figures on one time axis
peak €166,704 (2025)
€166,704▲ 134%
lowest -€40,230 (2024)
€62,487▲ €102,717
peak €41,862 (2025)
€41,862▲ €62,487
€587,393▼ 35.7%
Board2 names since 2021
2 directorsMA Yangwei and 1 other
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €71,145 to €166,704Back to profit: €62,487Equity from -€20,625 to €41,862Debts from €913,681 to €587,393Cash from €21,628 to €35,331

Key points

from the 2025 annual accounts

Result

€62,487 €62,487
-€40,2002024€62,5002025

Back in profit in 2025, after a loss of €40,230 in 2024.

Turnover

≈ €520,000 estimated

The micro format states no turnover.

Debts

€587,393 93% of the balance sheet
Financial debts 66%Suppliers 1%Taxes and wages 3%Other 31%

Of this, €202,481 falls due within a year.

Filings

4 annual accounts 4 late
AprilJune31 JulyOctober2022202320242025

The 2024 accounts came latest: 31 days after the end of the period.

Position in the sector

€62,487

Higher net result than 91% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.

Checked score

52
Fair
Financially stronger than 58% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.3% 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 4.0%▲ +0.7 percentage points vs 03-2025 05-2025: 5.0%▲ +1.0 percentage point vs 04-2025 06-2025: 5.4%▲ +0.4 percentage points vs 05-2025 07-2025: 5.7%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 5.7%● unchanged vs 07-2025 09-2025: 3.3%▼ -2.4 percentage points vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.6%▲ +0.3 percentage points vs 04-2026 06-2026: 3.7%▲ +0.1 percentage points vs 05-2026 07-2026: 3.8%▲ +0.1 percentage points vs 06-2026 08-2026: 4.4%▲ +0.6 percentage points vs 07-2026 09-2026: 2.7%▼ -1.7 percentage points vs 08-2026lowest value 10-2026: 2.7%● unchanged vs 09-2026lowest value 11-2026: 2.7%● unchanged vs 10-2026

Financial strength
Average

32+9equity 6.7% of total assets
43-1short-term debt 32.2% · cash 5.6%
81+44return on assets 9.9%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2021
Last filed accounts filed 21 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €629,255
Calculation

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 31% of them on solvency, 38% on liquidity, 67% on profitability and 96% on growth.

The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

Comparable companies, two years later

In July 2024, 513 companies had the same profile as FU AN has now. Each dot stands for 2 companies, two years later.

96.3%
were still trading
1.4%
stopped another way
2.3%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of FU AN itself: 2.7% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 513 companies, not a prediction for FU AN. 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.

Credit verdict

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.22 (0.28 in 2024), below 1. Short-term debt is 32.2% and cash 5.6% of total assets. 93.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 21 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €629,255
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
21 days late
2024
31 days late
2023
29 days late
2022
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 27 days after 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MY
Director
WL
Director
  • MA Yangwei 50 sharesdeed of 24-11-2021
  • WU Lixiao 50 sharesdeed of 24-11-2021
Board & ownership

Recent changes

Environmental permit refused Functiewijziging zonder verbouwingswerken · Kuurne
Registered office moved from Melle to Kuurne New registered office: Brugsesteenweg 189, 8520 Kuurne · Previous registered office: Merelbekestraat 107, 9090 Melle · General meeting of 21-06-2023 · Gazette deed
First establishment Yamato Restaurant, Brugsesteenweg 189, Kuurne
Incorporation Founding capital of €20,000, 100 shares · Founders: MA Yangwei and WU Lixiao · Appointments: MA Yangwei (director) and WU Lixiao (director) · published on 24-11-2021 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
FU AN Kuurne €629,255 €166,704 6.7% -
Gregory Vandemeulebroeke Knokke-Heist €646,272 €171,418 23.3% 1.8
De Frietbooster Berlare €600,641 €167,256 21.1% -
PG & DC Antoing €679,995 €177,175 -10.1% -
EC WANG Maaseik €601,023 €189,095 77.7% -
BLDS Sint-Lievens-Houtem €564,393 €161,506 39.1% -
Yangxia Dendermonde €530,950 €154,849 58.0% -

These companies have the same main activity as FU AN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €531,000 and €680,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 22-11-2021Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Establishment unit
2.326.811.8488520 Kuurne, since 01-02-2022
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€629,255▼ 29.5%
Filing
Filed on 21-08-2026
Financials

Insights on FU AN

FU AN files the micro format. That format states no turnover. The gross margin rose from €35,040 in 2022 to €166,704 in 2025.

The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FU AN

What is the company number of FU AN?
The company number of FU AN is 0777.556.750. The VAT number is the same number with BE in front: BE 0777.556.750.
Where is FU AN based?
The registered office is at Brugsesteenweg 189, 8520 Kuurne.Company details
What does FU AN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FU AN?
FU AN is a private limited company (BV).
When was FU AN founded?
FU AN was founded on 22-11-2021.
Is FU AN still active?
Yes, FU AN is an active enterprise in the KBO register.
What is the turnover of FU AN?
The turnover in financial year 2025 is ≈ €520,000. This figure is estimated from the gross margin of €166,704 and 79 comparable companies (NACE 56112). It probably lies between €380,000 and €640,000.Financials
Is FU AN profitable?
In financial year 2025, FU AN made a profit of €62,487.
Where can I find the annual accounts of FU AN?
FU AN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FU AN due?
FU AN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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