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Kwonghua

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Private limited company (pre-2019)·Activiteiten van eetgelegenheden met volledige bediening· 14 yrs active
Maalse Steenweg 104 ·8310 Brugge, Belgium
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BE 0838.764.641
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Turnover
EBIT margin
Net result€77k+1183.8%
Working capital€34k
Directors1
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Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 25-07-2023 with the NBB · fiscal year 2022 · micro
€-100k€-50k€0€50k€100kOperating result 2018: €21k€21kNet result 2018: €-5k€-5kOperating result 2019: €-43k€-43kNet result 2019: €-50k€-50kOperating result 2020: €59k€59kNet result 2020: €6k€6kOperating result 2021: €100k€100kNet result 2021: €77k€77k2018201920202021
Operating resultNet result
EBITDA
€114k
+59.5% 18–21
Net profit
€77k
+1183.8% 18–21
Cash flow
€91k
+379.9% 18–21
Total assets
€383k
+47.0% 18–21
Equity
€173k
+80.4% 18–21
Working capital
€34k
18–21
Employees (FTE)
5
+37.1% 18–21
Staff costs
€74k
18–21
Income taxes
€18k
+15544.2% 18–21
Debt
€210k
+27.5% 18–21
Debt ≤ 1y
€196k
+19.0% 18–21
Debt > 1y
€14k
+155.1% 18–21
Current ratio
1.17
+68.5% 18–21
Quick ratio
1.15
+72.4% 18–21
Solvency
45.3%
+22.7% 18–21
Debt / equity
1.21
+785.9% 18–21
ROE
44.6%
+611.7% 18–21
ROA
20.2%
+773.5% 18–21
Interest coverage
23.25
18–21
Figures by fiscal year
Fiscal year2021
Revenue
EBITDA€114k
Net profit€77k
Cash flow€91k
Staff costs€74k
Income taxes€18k
Dividends
Total assets€383k
Equity€173k
Debt€210k
of which ≤ 1y€196k
of which > 1y€14k
Working capital€34k
Employees (FTE)4.8
Ratios (computed)
2021
Current ratio1.17
Quick ratio1.15
Working capital ratio8.9%
Solvency45.3%
Debt / equity1.21
Long-term debt ratio0.08
Interest coverage23.25
Gross margin
Net margin
ROA20.2%
ROE44.6%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet — Assets
TOTAL ASSETS 20/58€383k
Fixed assets 21/28€153k
Intangible fixed assets 21€28k
Tangible fixed assets 22/27€71k
Financial fixed assets 28€54k
Current assets 29/58€230k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€222k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€383k
Equity 10/15€173k
Contributions / capital 10/11€90k
Reserves 13€83k
Amounts payable 17/49€210k
Amounts payable after one year 17€14k
Amounts payable within one year 42/48€196k
Trade debts payable within one year 44€41k
Income statement
Gross operating margin 9900€188k
Operating result 9901€100k
Financial charges 65€5k
Result before taxes 9903€95k
Income taxes 67/77€18k
Net result for the period 9904€77k
Result to be appropriated 9905€77k
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Ratios computed by Checked.

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FY 2021 · computed
29 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.