Equity
€274,655 ▲ 110%
Equity rose in 2024 from €131,065 to €274,655.
HRONIJ LIU
Lifetime
19 annual accounts with figures on one time axis, 38 filings since 1987peak €307,447 (2024)
€307,447▲ 420%
lowest -€84,006 (2007)
€143,590▲ €156,951
peak €274,655 (2024)
€274,655▲ 110%
€515,436▼ 5.0%
peak 3 FTE (2011)
-not published
Board1 name since 2006
1 directorADANT Zhen
Documentsfilings and deeds
07-05-202585 days before the deadline
2024micro format
Gross margin from €59,078 to €307,447Back to profit: €143,590Change of role: ADANT Zhen, from manager to director 11-06Equity from €131,065 to €274,655Cash from €16,429 to €164,923
Key points
from the 2024 annual accountsChecked score
57
Fair
Financially stronger than 73% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.2%▲ +0.1 percentage points vs 03-2025
05-2025: 2.7%▲ +0.5 percentage points vs 04-2025highest value
06-2025: 0.3%▼ -2.4 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.6%▲ +0.2 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 07-05-2025)
lowers risk
Founded in 1987
Liquidity: current ratio 0.78, cash €164,923
Size: total assets €790,091
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 55% of them on solvency, 67% on liquidity, 80% on profitability and 90% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 31,368 companies had the same profile as HRONIJ LIU has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HRONIJ LIU itself: 0.6% 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.
| 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 31,368 companies, not a prediction for HRONIJ LIU. 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 €15,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.78 (0.2 in 2023), below 1. Short-term debt is 31.2% and cash 20.9% of total assets. 65.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
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 filed
2024
85 days early
2023
69 days early
2022
24 days late
2021
138 days late
2020
107 days late
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 19 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 (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0430746712
Change of role: ADANT Zhen, from manager to director
Director discharge: ADANT Zhen (manager) · Registered office clause: rue de France numéro 36, 7800 Ath · General meeting of 28-05-2024 · Gazette deed
First establishment
Rue de France 34, Ath
Incorporation
published on 18-04-1987 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HRONIJ LIU Ath | €790,091 | €307,447 | 34.8% | - |
| LA MAISON DE ZHANG Waremme | €812,366 | €337,887 | 79.2% | - |
| RECREATIECENTRUM NAZARETH-LOO Lier | €789,218 | €273,854 | 79.2% | 5.6 |
| GOUDEN KROON Malle | €901,238 | €316,470 | 78.3% | - |
| DE BUCK AU PINGOUIN Blankenberge | €798,615 | €270,011 | 44.2% | - |
| REALCASTRO Waremme | €817,661 | €299,131 | 3.2% | - |
| THIANI Tubize | €772,066 | €379,437 | -3.2% | - |
These companies have the same main activity as HRONIJ LIU: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €772,000 and €901,000, founded between 1983 and 1992.
Official details
Source: KBO- Status
- Active since 23-03-1987Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.032.664.2967800 Ath, since 06-04-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Insights on HRONIJ LIU
HRONIJ LIU files the micro format. That format states no turnover. The gross margin rose from -€2,607 in 2006 to €307,447 in 2024.
The balance sheet grew most from 2017 to 2019 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 HRONIJ LIU
- What is the company number of HRONIJ LIU?
- The company number of HRONIJ LIU is 0430.746.712. The VAT number is the same number with BE in front: BE 0430.746.712.
- Where is HRONIJ LIU based?
- The registered office is at Rue de France 36, 7800 Ath.Company details
- What does HRONIJ LIU do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of HRONIJ LIU?
- HRONIJ LIU is a private limited company (BV).
- When was HRONIJ LIU founded?
- HRONIJ LIU was founded on 23-03-1987.
- Is HRONIJ LIU still active?
- Yes, HRONIJ LIU is an active enterprise in the KBO register.
- How many employees does HRONIJ LIU have?
- HRONIJ LIU had an average of 1.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of HRONIJ LIU?
- The turnover in financial year 2024 is ≈ €740,000. This figure is estimated from the gross margin of €307,447 and 41 comparable companies (NACE 56111). It probably lies between €630,000 and €870,000.
- Is HRONIJ LIU profitable?
- In financial year 2024, HRONIJ LIU made a profit of €143,590.
- Where can I find the annual accounts of HRONIJ LIU?
- HRONIJ LIU filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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