JIN CHEN
ActiveSummary
The computed 12-month bankruptcy probability of JIN CHEN is 1.8% (moderate). The 2025 annual accounts show negative equity (-€6,159) and a net result of €961. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 13560 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-38
Solvency12▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 0.76 in 2024; short-term debt: 112.6% and cash: 57.9% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
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
-12.6%
Return on assets
2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13560 sector peers (2025).
NBB · sector comparisonPosition among 13560 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
7 d late
2023
12 d late
2022
25 d late
2021
47 d early
2020
57 d late
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€52,136▼ 45.3%
2019 · €95,281
EBIT margin
-36.0%▼ 32.7pp
2019 · -3.4%
Net result
€961▼ 85.0%
2024 · €6,401
Working capital
-€11,806▲ 9.9%
2024 · -€13,103
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€42,097€14,398▼ 65.8%€4,507▼ 68.7%€9,291▲ 106%€3,272▼ 64.8%
Net result€38,007above the sector's middle half€10,695within the sector's middle half▼ 71.9%€343within the sector's middle half▼ 96.8%€6,401within the sector's middle half▲ 1,766%€961within the sector's middle half▼ 85.0%
EBIT margin
Equity-€24,559below the sector's middle half▲ 60.7%-€13,864below the sector's middle half▲ 43.5%-€13,521below the sector's middle half▲ 2.5%-€7,120below the sector's middle half▲ 47.3%-€6,159below the sector's middle half▲ 13.5%
Total assets€46,463within the sector's middle half▲ 6.2%€50,323within the sector's middle half▲ 8.3%€51,818within the sector's middle half▲ 3.0%€48,084within the sector's middle half▼ 7.2%€48,771below the sector's middle half▲ 1.4%
Debt€71,022▼ 33.2%€64,187▼ 9.6%€65,339▲ 1.8%€55,205▼ 15.5%€54,930▼ 0.5%
Working capital-€35,873▲ 53.8%-€20,928▲ 41.7%-€19,158▲ 8.5%-€13,103▲ 31.6%-€11,806▲ 9.9%
Solvency-52.9%below the sector's middle half▲ 90.1pp-27.5%below the sector's middle half▲ 25.3pp-26.1%below the sector's middle half▲ 1.5pp-14.8%below the sector's middle half▲ 11.3pp-12.6%below the sector's middle half▲ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,771
Fixed assets
€5,647 ▼ 5.6%
Current assets
€43,124 ▲ 2.4%
Key figures and ratios
EBITDA
€3,608▼
2024 · €9,731
Cash flow
€1,297▼
2024 · €6,840
Current ratio
0.79▲
2024 · 0.76
Quick ratio
0.54▲
2024 · 0.47
Debt to equity
-8.92▼
2024 · -7.75
ROA
2.0%▼
2024 · 13.3%
Interest coverage
3.14▼
2024 · 7.90
Debt ≤ 1 year
€54,930▼
2024 · €55,205
Income taxes
€1,160▼
2024 · €1,659
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,447 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.1%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,447 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €46 | - | €79 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,257 | €4,670 | €1,428 | €439 | €336 | ▼ 23.5% |
| Other operating charges640/8 | €1,522 | €1,050 | €1,798 | €1,452 | €1,164 | ▼ 19.8% |
| Gross operating margin9900 | €48,875 | €20,164 | €7,733 | €11,261 | €4,771 | ▼ 57.6% |
| Operating profit (loss)9901 | €42,097 | €14,398 | €4,507 | €9,291 | €3,272 | ▼ 64.8% |
| Financial income75/76B | €1 | €0 | - | - | - | - |
| Recurring financial income75 | €1 | €0 | - | - | - | - |
| Financial charges65/66B | €820 | €1,046 | €925 | €1,231 | €1,151 | ▼ 6.5% |
| Recurring financial charges65 | €820 | €1,046 | €925 | €1,231 | €1,151 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €41,278 | €13,353 | €3,582 | €8,060 | €2,121 | ▼ 73.7% |
| Income taxes67/77 | €3,271 | €2,657 | €3,239 | €1,659 | €1,160 | ▼ 30.1% |
| Profit (loss) for the period9904 | €38,007 | €10,695 | €343 | €6,401 | €961 | ▼ 85.0% |
| Profit (loss) for the period to be appropriated9905 | €38,007 | €10,695 | €343 | €6,401 | €961 | ▼ 85.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,463 | €50,323 | €51,818 | €48,084 | €48,771 | ▲ 1.4% |
| Fixed assets21/28 | €11,313 | €7,064 | €5,637 | €5,983 | €5,647 | ▼ 5.6% |
| Tangible fixed assets22/27 | €6,813 | €2,564 | €1,137 | €1,483 | €1,147 | ▼ 22.7% |
| Plant, machinery and equipment23 | €5,475 | €1,475 | €295 | €877 | €635 | ▼ 27.5% |
| Furniture and vehicles24 | €1,338 | €1,090 | €841 | €606 | €512 | ▼ 15.6% |
| Financial fixed assets28 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Current assets29/58 | €35,150 | €43,258 | €46,181 | €42,101 | €43,124 | ▲ 2.4% |
| Stocks and contracts in progress3 | €15,000 | €16,762 | €16,761 | €16,174 | €13,731 | ▼ 15.1% |
| Stocks30/36 | €15,000 | €16,762 | €16,761 | €16,174 | €13,731 | ▼ 15.1% |
| Amounts receivable within one year40/41 | €4,555 | €1,493 | €4,896 | €4,306 | €890 | ▼ 79.3% |
| Trade receivables40 | €1,839 | €983 | €1,363 | €635 | €431 | ▼ 32.1% |
| Other amounts receivable41 | €2,716 | €510 | €3,534 | €3,671 | €459 | ▼ 87.5% |
| Cash at bank and in hand54/58 | €15,197 | €24,610 | €24,524 | €21,378 | €28,259 | ▲ 32.2% |
| Deferred charges and accrued income490/1 | €398 | €394 | €0 | €244 | €244 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,463 | €50,323 | €51,818 | €48,084 | €48,771 | ▲ 1.4% |
| Equity10/15 | -€24,559 | -€13,864 | -€13,521 | -€7,120 | -€6,159 | ▲ 13.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€43,159 | -€32,464 | -€32,121 | -€25,720 | -€24,759 | ▲ 3.7% |
| Amounts payable17/49 | €71,022 | €64,187 | €65,339 | €55,205 | €54,930 | ▼ 0.5% |
| Amounts payable within one year42/48 | €71,022 | €64,187 | €65,339 | €55,205 | €54,930 | ▼ 0.5% |
| Trade debts44 | - | - | €4,947 | - | - | - |
| Suppliers440/4 | - | - | €4,947 | - | - | - |
| Taxes, remuneration and social security45 | €619 | €934 | €914 | €727 | €634 | ▼ 12.8% |
| Taxes450/3 | €619 | €934 | €914 | €727 | €634 | ▼ 12.8% |
| Other amounts payable47/48 | €70,403 | €63,253 | €59,477 | €54,477 | €54,296 | ▼ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,007 | €10,695 | €343 | €6,401 | €961 | ▼ 85.0% |
| + Depreciation and write-downs630 | €5,257 | €4,670 | €1,428 | €439 | €336 | ▼ 23.5% |
| Operating cash flow (approximation) | €43,264 | €15,366 | €1,771 | €6,840 | €1,297 | ▼ 81.0% |
| Investment in fixed assets (approximation) | - | -€421 | €0 | -€786 | €0 | ▲ 100% |
| Change in cash | - | €9,413 | -€86 | -€3,146 | €6,881 | ▲ 319% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €38,007
Net result €38,007 after 3 loss-making years.
26-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 57 days late
2020
31-12
Financial
Weakest financial yearnet -€18,787
Net result drops to -€18,787, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 75 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Walcourt · 1 establishment unit since 2010
Ground area
982 m²
Building footprint
163 m²
Parcel 93088E0104/00H002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Tivoli(Wal) 1, 5650 Walcourt
since 20102.183.557.694
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93088E0104/00H002 | Wallonia | 982 m² | 1 · 163 m² | - |
Linked by address, not proof of ownership
Good to know
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 siteWalcourt2.183.557.694
Similar companies · same sector and region
INCEPTION
BE 1029.232.455
Walcourt
LE JARDINET
BE 0810.356.113
Walcourt
MODA LA
BE 1008.650.837
Walcourt
STIFRA
BE 0476.870.113
Walcourt
ADELIN
BE 0448.997.954
Namur
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,505 companies in sector 56111 we hold annual accounts for 11,454. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
47512Retail sale of household textiles and bedding
47521Retail sale of hardware, building materials, paint and glass (general range)
47552Retail sale of lighting equipment
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47722Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876445478
Also
9925:BE0876445478
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.