JIN YANG
ActiveSummary
The computed 12-month bankruptcy probability of JIN YANG is 2.0% (moderate). The 2024 annual accounts show equity of €106,769 and a net result of €4,309. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 1765 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability63▲+12
Solvency81▼-19
Growth63▲+3
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.74 against 2.62 in 2023; short-term debt: 35% and cash: 22.5% of total assets), and 43.6% of the assets are financed with debt.
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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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
56.4%
Return on assets
2.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
104 d late
2022
365 d late
2021
78 d late
2020
72 d late
2019
437 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 188 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 (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€496,052▲ 9.8%
2023 · €451,885
EBIT margin
2.0%▲ 3.0pp
2023 · -1.0%
Net result
€4,309
2023 · -€5,744
Working capital
-€17,555
2023 · €51,398
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
Line20202021202220232024
Turnover€228,002▼ 54.2%€287,977▲ 26.3%€400,893▲ 39.2%€451,885▲ 12.7%€496,052▲ 9.8%
Operating result-€11,984€39,983-€850-€4,537▼ 434%€10,022
Net result-€471within the sector's middle half€88,356above the sector's middle half-€5,050within the sector's middle half-€5,744within the sector's middle half▼ 13.7%€4,309within the sector's middle half
EBIT margin-5.3%▼ 11.8pp13.9%▲ 19.1pp-0.2%▼ 14.1pp-1.0%▼ 0.8pp2.0%▲ 3.0pp
Equity€24,898within the sector's middle half▼ 1.9%€113,254above the sector's middle half▲ 355%€108,204above the sector's middle half▼ 4.5%€102,460above the sector's middle half▼ 5.3%€106,769within the sector's middle half▲ 4.2%
Total assets€120,109within the sector's middle half▼ 33.3%€173,655within the sector's middle half▲ 44.6%€153,173within the sector's middle half▼ 11.8%€134,213within the sector's middle half▼ 12.4%€189,429within the sector's middle half▲ 41.1%
Debt€95,211▼ 38.5%€60,401▼ 36.6%€44,969▼ 25.5%€31,753▼ 29.4%€82,660▲ 160%
Working capital-€65,309below the sector's middle half▲ 0.6%€32,213within the sector's middle half€44,210above the sector's middle half▲ 37.2%€51,398above the sector's middle half▲ 16.3%-€17,555within the sector's middle half
Solvency20.7%within the sector's middle half▲ 6.7pp65.2%above the sector's middle half▲ 44.5pp70.6%above the sector's middle half▲ 5.4pp76.3%above the sector's middle half▲ 5.7pp56.4%above the sector's middle half▼ 20.0pp
Current ratio0.30below the sector's middle half▼ 0.201.54within the sector's middle half▲ 1.251.98within the sector's middle half▲ 0.442.62above the sector's middle half▲ 0.640.74within the sector's middle half▼ 1.88
Return on assets (ROA)-0.4%within the sector's middle half▼ 27.1pp50.9%above the sector's middle half▲ 51.3pp-3.3%within the sector's middle half▼ 54.2pp-4.3%within the sector's middle half▼ 1.0pp2.3%within the sector's middle half▲ 6.6pp
Staff (FTE)1.2below the sector's middle half▼ 33.3%2.7▲ 125%1.3▼ 51.9%4.5▲ 246%1.8below the sector's middle half▼ 60.0%
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 returns to profit in 2024: €10,022 after a loss of €4,537 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €189,429
Fixed assets
€140,678 ▲ 176%
Current assets
€48,751 ▼ 41.4%
Equity and liabilities €189,429
Equity
€106,769 ▲ 4.2%
Debt
€82,660 ▲ 160%
Debt's share of the balance-sheet total rises from 23.7% to 43.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31,269▲
2023 · €8,395
Cash flow
€25,556▲
2023 · €7,188
Quick ratio
0.70▼
2023 · 2.49
Debt to equity
0.77▲
2023 · 0.31
ROE
4.0%▲
2023 · -5.6%
Interest coverage
10.41▲
2023 · 6.96
Debt ≤ 1 year
€66,306▲
2023 · €31,753
Debt > 1 year
€16,354
Income taxes
€2,709
Staff costs
€66,414▲
2023 · €55,576
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 10,905 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €228,002 | €287,977 | €400,893 | €451,885 | €496,052 | ▲ 9.8% |
| Goods, raw materials, services and sundry goods60/61 | - | €214,520 | €339,884 | €385,795 | €397,358 | ▲ 3.0% |
| Remuneration, social security and pensions62 | - | €10,805 | €41,615 | €55,576 | €66,414 | ▲ 19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,094 | €20,421 | €18,024 | €12,932 | €21,247 | ▲ 64.3% |
| Other operating charges640/8 | - | €2,248 | €2,220 | €2,119 | €1,010 | ▼ 52.3% |
| Gross operating margin9900 | €32,252 | €73,457 | €61,009 | €66,090 | €98,694 | ▲ 49.3% |
| Operating profit (loss)9901 | -€11,984 | €39,983 | -€850 | -€4,537 | €10,022 | ▲ 321% |
| Financial income75/76B | - | €54,425 | €6,000 | - | - | - |
| Recurring financial income75 | - | €54,425 | €6,000 | - | - | - |
| Non-recurring financial income76B | - | €54,425 | €6,000 | - | - | - |
| Financial charges65/66B | - | €1,958 | €1,982 | €1,207 | €3,004 | ▲ 149% |
| Recurring financial charges65 | €1,987 | €1,958 | €1,982 | €1,207 | €3,004 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | -€471 | €92,450 | €3,168 | -€5,744 | €7,018 | ▲ 222% |
| Income taxes67/77 | - | €4,094 | €8,218 | - | €2,709 | - |
| Profit (loss) for the period9904 | -€471 | €88,356 | -€5,050 | -€5,744 | €4,309 | ▲ 175% |
| Profit (loss) for the period to be appropriated9905 | -€471 | €88,356 | -€5,050 | -€5,744 | €4,309 | ▲ 175% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,109 | €173,655 | €153,173 | €134,213 | €189,429 | ▲ 41.1% |
| Fixed assets21/28 | €92,639 | €82,018 | €63,994 | €51,062 | €140,678 | ▲ 176% |
| Tangible fixed assets22/27 | €84,639 | €74,018 | €55,994 | €43,062 | €132,678 | ▲ 208% |
| Plant, machinery and equipment23 | - | €38,994 | €32,452 | €25,909 | €22,721 | ▼ 12.3% |
| Furniture and vehicles24 | - | €7,817 | €2,115 | €1,506 | €30,260 | ▲ 1,909% |
| Other tangible fixed assets26 | - | €27,207 | €21,427 | €15,647 | €79,697 | ▲ 409% |
| Financial fixed assets28 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Current assets29/58 | €27,470 | €91,637 | €89,179 | €83,151 | €48,751 | ▼ 41.4% |
| Stocks and contracts in progress3 | €9,538 | €13,798 | €8,780 | €4,037 | €2,280 | ▼ 43.5% |
| Stocks30/36 | - | €13,798 | €8,780 | €4,037 | €2,280 | ▼ 43.5% |
| Amounts receivable within one year40/41 | €9,162 | €1,998 | €3,995 | €1,669 | €2,295 | ▲ 37.5% |
| Trade receivables40 | - | - | €277 | €153 | €53 | ▼ 65.1% |
| Other amounts receivable41 | - | €1,998 | €3,718 | €1,516 | €2,242 | ▲ 47.9% |
| Cash at bank and in hand54/58 | €8,769 | €75,272 | €74,724 | €77,445 | €42,570 | ▼ 45.0% |
| Deferred charges and accrued income490/1 | - | €569 | €1,680 | - | €1,606 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,109 | €173,655 | €153,173 | €134,213 | €189,429 | ▲ 41.1% |
| Equity10/15 | €24,898 | €113,254 | €108,204 | €102,460 | €106,769 | ▲ 4.2% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €341 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €6,007 | €92,849 | €87,799 | €82,055 | €86,364 | ▲ 5.3% |
| Amounts payable17/49 | €95,211 | €60,401 | €44,969 | €31,753 | €82,660 | ▲ 160% |
| Amounts payable after more than one year17 | €2,432 | - | - | - | €16,354 | - |
| Financial debts170/4 | - | - | - | - | €16,354 | - |
| Amounts payable within one year42/48 | €92,779 | €59,424 | €44,969 | €31,753 | €66,306 | ▲ 109% |
| Current portion of amounts payable after more than one year42 | - | €2,431 | - | - | €7,279 | - |
| Trade debts44 | €3,721 | €7,007 | €10,315 | €10,642 | €13,909 | ▲ 30.7% |
| Suppliers440/4 | - | €7,007 | €10,315 | €10,642 | €13,909 | ▲ 30.7% |
| Taxes, remuneration and social security45 | - | €7,916 | €18,770 | €12,525 | €21,957 | ▲ 75.3% |
| Taxes450/3 | - | €2,759 | €9,000 | €2,703 | €5,002 | ▲ 85.1% |
| Remuneration and social security454/9 | - | €5,157 | €9,770 | €9,822 | €16,955 | ▲ 72.6% |
| Other amounts payable47/48 | - | €42,070 | €15,884 | €8,586 | €23,161 | ▲ 170% |
| Accrued charges and deferred income492/3 | - | €977 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€471 | €88,356 | -€5,050 | -€5,744 | €4,309 | ▲ 175% |
| + Depreciation and write-downs630 | €23,094 | €20,421 | €18,024 | €12,932 | €21,247 | ▲ 64.3% |
| Operating cash flow (approximation) | €22,623 | €108,777 | €12,974 | €7,188 | €25,556 | ▲ 256% |
| Investment in fixed assets (approximation) | - | -€9,800 | €0 | €0 | -€110,863 | - |
| Change in cash | - | €66,503 | -€548 | €2,721 | -€34,875 | ▼ 1,382% |
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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
31-12
Financial
Back to profitnet €4,309
Net result €4,309 after 2 loss-making years.
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 365 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €88,356
Net result €88,356 after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.54
Current ratio from 0.30 to 1.54; short-term debt falls from €92,779 to €59,424.
31-12
Financial
Equity above €100,000Eq €113,254 ▲355%
Equity rises from €24,898 to €113,254.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 72 days late
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 437 days late
2019
31-12
Financial
Back to profitnet €48,193
Net result €48,193 after one loss-making year.
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 34 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Chimay · 1 establishment unit since 2016
Ground area
571 m²
Building footprint
57 m²
Volume, LiDAR
130 m³
Parcel 56016D0529/00M000, Wallonia · tallest building 2.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JIN YANG
since 20162.253.463.616
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56016D0529/00M000indicative | Wallonia | 571 m² | 1 · 57 m² | 2.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
0 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 siteChimay2.253.463.616
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 9,499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0653758917
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.