Huang Fa
ActiveThe computed 12-month bankruptcy probability of Huang Fa is 3.3% (moderate). The 2025 annual accounts show negative equity (€-23k) and a net result of €-1k. Equity is shrinking by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 3620 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
23
/ 100
Critical▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-70
Solvency37▲+4
Growth32=
Stability100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.16 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-16.4%
Return on assets
-1%
Age of the figures
9 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
18202122232425
2018 to 2025 · latest year -€23k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 d early
2024
57 d late
2023
8 d late
2022
77 d late
2021
32 d late
2020
31 d late
2018
31 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-23k▼ 6.4%
2024 · €-22k
2018: €1k
2020: €-3k
2021: €-12k
2022: €-15k
2023: €-16k
2024: €-22k
2018 → 2025
Total assets
€140k▲ 316%
2024 · €34k
2018: €33k
2020: €36k
2021: €40k
2022: €92k
2023: €38k
2024: €34k
2018 → 2025
Net result
€-1k▲ 74.7%
2024 · €-6k
2018: €8k
2020: €-16k
2021: €-9k
2022: €-3k
2023: €-805
2024: €-6k
2018 → 2025
Working capital
€-53k▼ 13.4%
2024 · €-47k
2018: €-12k
2020: €-16k
2021: €-42k
2022: €-45k
2023: €-46k
2024: €-47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-15k▼ 28.2%€-16k▼ 5.2%€-22k▼ 34.1%€-23k▼ 6.4%
Operating result€-9k-€-3k▲ 62.9%€-805▲ 76.2%€-5k▼ 568%€-1k▲ 74.1%
Net result€-9k-€-3k▲ 64.3%€-805▲ 76.2%€-6k▼ 585%€-1k▲ 74.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€30k▲ 19.4%
Current assets
€110k▲ 1,183%
Key figures and ratios
Solvency
-16.4%▲
2024 · -64.2%
Current ratio
0.68▲
2024 · 0.16
Quick ratio
0.66▲
2024 · 0.12
Debt / equity
-7.09▼
2024 · -2.56
ROE
6.0%▼
2024 · 25.4%
ROA
-1.0%▲
2024 · -16.3%
Debt
€163k▲
2024 · €55k
Debt ≤ 1 year
€163k▲
2024 · €55k
Staff costs
€21k▼
2024 · €24k
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€34k€140k▲
Fixed assets21/28€25k€30k▲
Intangible fixed assets21€6k€6k=
Tangible fixed assets22/27€20k€24k▲
Plant, machinery and equipment23€958€1k▲
Furniture and vehicles24€19k€23k▲
Current assets29/58€9k€110k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€4k€106k▲
Trade receivables40€4k€100k▲
Other amounts receivable41-€6k
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€34k€140k▲
Equity10/15€-22k€-23k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-40k€-42k▼
Amounts payable17/49€55k€163k▲
Amounts payable within one year42/48€55k€163k▲
Trade debts44-€102k
Suppliers440/4-€102k
Taxes, remuneration and social security45-€7k
Taxes450/3-€7k
Other amounts payable47/48€55k€54k▼
Income statement
Code20242025
Remuneration, social security and pensions62€24k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€977€1k▲
Gross operating margin9900€25k€21k▼
Operating profit (loss)9901€-5k€-1k▲
Financial charges65/66B€136-
Recurring financial charges65€136-
Profit (loss) for the period before taxes9903€-6k€-1k▲
Profit (loss) for the period9904€-6k€-1k▲
Profit (loss) for the period to be appropriated9905€-6k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-42k▼
Profit (loss) brought forward from the previous period14P€-35k€-40k▼
The notes to these accounts (6 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-16k ▼300%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
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, Brasschaat · 2 establishment units since 2016
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.
Bredabaan 4422930 BrasschaatGround area
368 m²
Building footprint
352 m²
Volume, LiDAR
1,558 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MONGOLIAN BARBECUE
since 20162.252.007.032
RESTAURANT KOW SING
since 20182.281.321.224
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0339/00S002 | Flanders | 239 m² | 1 · 222 m² | 8.5 m · 1 fl. |
| 11324D0022/00Z000 | Flanders | 130 m² | 1 · 130 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 5,000 EUR awarded · 5,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Corona-compensatiepremie (stopgezet)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrasschaat2.252.007.032
Brasschaat2.281.321.224
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BRASSERIE TASTE
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 2,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2016
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:huangfa828@hotmail.com