FU LIN
ActiveThe computed 12-month bankruptcy probability of FU LIN is 1.8% (moderate). The 2024 annual accounts show equity of €189k and a net result of €25k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18942 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+5
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 7.53 against 4.3 in 2023; short-term debt: 10.9% and cash: 36.1% of total assets), and 10.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
28 d late
2022
45 d early
2021
1 d early
2020
28 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€189k▲ 15.2%
2023 · €164k
2018: €70k
2019: €96k
2020: €128k
2021: €154k
2022: €149k
2023: €164k
2018 → 2024
Total assets
€212k▲ 6.5%
2023 · €199k
2018: €113k
2019: €137k
2020: €153k
2021: €215k
2022: €205k
2023: €199k
2018 → 2024
Net result
€25k▲ 62.3%
2023 · €15k
2018: €18k
2019: €31k
2020: €32k
2021: €25k
2022: €-5k
2023: €15k
2018 → 2024
Working capital
€151k▲ 39.0%
2023 · €108k
2018: €61k
2019: €71k
2020: €92k
2021: €89k
2022: €94k
2023: €108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€128k-€154k▲ 19.9%€149k▼ 3.2%€164k▲ 10.3%€189k▲ 15.2%
Operating result€33k-€22k▼ 33.2%€3k▼ 84.3%€23k▲ 580%€38k▲ 64.5%
Net result€32k-€25k▼ 20.2%€-5k€15k€25k▲ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 65% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €212k
Fixed assets
€38k▼ 33.7%
Current assets
€174k▲ 23.0%
Equity and liabilities €212k
Equity
€189k▲ 15.2%
Debt
€23k▼ 34.3%
The debt ratio falls from 17.6% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2023 · €53k
Cash flow
€52k▲
2023 · €45k
Solvency
89.1%▲
2023 · 82.4%
Current ratio
7.53▲
2023 · 4.30
Quick ratio
7.36▲
2023 · 3.84
Debt / equity
0.12▼
2023 · 0.21
ROE
13.2%▲
2023 · 9.4%
ROA
11.7%▲
2023 · 7.7%
Interest coverage
26.19▲
2023 · 12.11
Debt
€23k▼
2023 · €35k
Debt ≤ 1 year
€23k▼
2023 · €33k
Income taxes
€14k▲
2023 · €4k
Staff costs
€12k▲
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€199k€212k▲
Fixed assets21/28€58k€38k▼
Tangible fixed assets22/27€58k€38k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€50k€31k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€141k€174k▲
Amounts receivable after more than one year29€100k€90k▼
Trade receivables290-€90k
Other amounts receivable291€100k-
Stocks and contracts in progress3€15k€4k▼
Stocks30/36€15k€4k▼
Amounts receivable within one year40/41€1k€3k▲
Trade receivables40-€3k
Other amounts receivable41€1k€119▼
Cash at bank and in hand54/58€25k€76k▲
Equity and liabilities
Total equity and liabilities10/49€199k€212k▲
Equity10/15€164k€189k▲
Contributions10/11€19k€19k=
Reserves13€42k€170k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€169k▲
Profit (loss) carried forward14€104k-
Amounts payable17/49€35k€23k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€33k€23k▼
Current portion of amounts payable after more than one year42€13k€2k▼
Trade debts44€349-
Suppliers440/4€349-
Taxes, remuneration and social security45€19k€10k▼
Taxes450/3€14k€9k▼
Remuneration and social security454/9€5k€2k▼
Other amounts payable47/48-€10k
Income statement
Code20232024
Remuneration, social security and pensions62€8k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€27k▼
Other operating charges640/8€9k€6k▼
Gross operating margin9900€71k€83k▲
Operating profit (loss)9901€23k€38k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€19k€39k▲
Income taxes67/77€4k€14k▲
Profit (loss) for the period9904€15k€25k▲
Profit (loss) for the period to be appropriated9905€15k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€129k▲
Profit (loss) brought forward from the previous period14P€103k€104k▲
Transfer to equity691/2€15k€129k▲
To other reserves6921€15k€129k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Equity above €150kEq €164k ▲10.3%
Equity rises from €149k to €164k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k ▼119%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €154k ▲19.9%
4 profitable years in a row build equity to €154k.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Highest result since 2018net €32k ▲1.4%
Net result €32k, the highest in the series.
31-12
Financial
Equity above €100kEq €128k ▲33.1%
3 profitable years in a row build equity to €128k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
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, Mouscron · 1 establishment unit since 2015
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.
Stationplein 257700 MouscronGround area
912 m²
Building footprint
95 m²
Parcel 54007B1027/00X009, Wallonia. Linked by address, not a title deed.
1 establishment unit
FU LIN
since 20152.241.957.337
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B1027/00X009 | Wallonia | 912 m² | 1 · 95 m² | - |
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 siteMouscron/Moeskroen2.241.957.337
Similar companies · same sector, comparable size
THAYD
BE 0732.558.747
Anderlecht · Eq €189k
BABY DRAGON
BE 0872.891.617
Herve · Eq €189k
FURBETTO
BE 0792.490.196
Leuven · Eq €189k
't Vistrapje
BE 0699.485.806
Oostende · Eq €189k
FamCo
BE 0470.731.892
Ninove · Eq €189k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 8,660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.
Contact details
1 entryPhone:056/84 73 31