HRONIJ LIU
ActiveSummary
HRONIJ LIU has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €275k and a net result of €144k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+53
Solvency60▲+16
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.2 in 2023; short-term debt: 31.2% and cash: 20.9% of total assets), and 65.2% 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.
−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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-05-2025, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
85 d early
2023
69 d early
2022
24 d late
2021
138 d late
2020
107 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€275k▲ 110%
2023 · €131k
2018: €42k
2019: €65k
2020: €63k
2021: €117k
2022: €144k
2023: €131k
2018 → 2024
Total assets
€790k▲ 17.2%
2023 · €674k
2018: €568k
2019: €651k
2020: €626k
2021: €638k
2022: €620k
2023: €674k
2018 → 2024
Net result
€144k
2023 · €-13k
2018: €32k
2019: €23k
2020: €-2k
2021: €54k
2022: €27k
2023: €-13k
2018 → 2024
Working capital
€-54k▲ 70.5%
2023 · €-183k
2018: €-65k
2019: €-155k
2020: €-139k
2021: €-108k
2022: €-110k
2023: €-183k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€63k-€117k▲ 86.0%€144k▲ 23.2%€131k▼ 9.3%€275k▲ 110%
Operating result€15k-€81k▲ 456%€49k▼ 39.1%€2k▼ 96.9%€231k▲ 14,872%
Net result€-2k-€54k€27k▼ 49.7%€-13k€144k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 14,872% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €790k
Fixed assets
€598k ▼ 4.7%
Current assets
€192k ▲ 314%
Equity and liabilities €790k
Equity
€275k ▲ 110%
Debt
€515k ▼ 5.0%
Debt's share of the balance-sheet total falls from 80.6% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€268k▲
2023 · €35k
Cash flow
€180k▲
2023 · €20k
Current ratio
0.78▲
2023 · 0.20
Quick ratio
0.75▲
2023 · 0.17
Debt to equity
1.88▼
2023 · 4.14
ROE
52.3%▲
2023 · -10.2%
ROA
18.2%▲
2023 · -2.0%
Interest coverage
16.11▲
2023 · 2.60
Debt ≤ 1 year
€246k▲
2023 · €229k
Debt > 1 year
€269k▼
2023 · €314k
Income taxes
€71k▲
2023 · €1k
Staff costs
€32k▲
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€674k€790k▲
Fixed assets21/28€627k€598k▼
Tangible fixed assets22/27€627k€597k▼
Land and buildings22€565k€541k▼
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€54k€47k▼
Financial fixed assets28€565€565=
Current assets29/58€46k€192k▲
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€23k€16k▼
Trade receivables40€10k€6k▼
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€16k€165k▲
Deferred charges and accrued income490/1€923€3k▲
Equity and liabilities
Total equity and liabilities10/49€674k€790k▲
Equity10/15€131k€275k▲
Contributions10/11€19k€19k=
Reserves13€2k€145k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€145k
Profit (loss) carried forward14€111k€111k=
Amounts payable17/49€543k€515k▼
Amounts payable after more than one year17€314k€269k▼
Financial debts170/4€314k€269k▼
Amounts payable within one year42/48€229k€246k▲
Current portion of amounts payable after more than one year42€57k€51k▼
Financial debts43€14-
Credit institutions430/8€14-
Trade debts44€57k€9k▼
Suppliers440/4€57k€9k▼
Taxes, remuneration and social security45€57k€117k▲
Taxes450/3€4k€71k▲
Remuneration and social security454/9€53k€46k▼
Other amounts payable47/48€59k€69k▲
Income statement
Code20232024
Remuneration, social security and pensions62€15k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€9k€8k▼
Gross operating margin9900€59k€307k▲
Operating profit (loss)9901€2k€231k▲
Financial income75/76B€255€444▲
Recurring financial income75€255€444▲
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Non-recurring financial charges66B€267-
Profit (loss) for the period before taxes9903€-12k€215k▲
Income taxes67/77€1k€71k▲
Profit (loss) for the period9904€-13k€144k▲
Profit (loss) for the period to be appropriated9905€-13k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€254k▲
Profit (loss) brought forward from the previous period14P€124k€111k▼
Transfer to equity691/2-€144k
To other reserves6921-€144k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €144k
Net result €144k after one loss-making year.
31-12
Financial
Equity above €200kEq €275k ▲110%
Equity rises from €131k to €275k.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-13k ▼149%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 138 days late
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
31-12
Financial
Equity above €100kEq €117k ▲86%
Equity rises from €63k to €117k.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 1987
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 de France 367800 AthGround area
461 m²
Building footprint
217 m²
Volume, LiDAR
742 m³
2 parcels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HRONIJ LIU
since 19872.032.664.296
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004B0807/00H098 | Wallonia | 375 m² | 1 · 140 m² | - |
| 51004D0321/00G000indicative | Wallonia | 86 m² | 1 · 77 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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 siteAth2.032.664.296
Legal Entity Identifier
984500B7ER50ADA9C458
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 7,878 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-1987
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.