Gross margin from €53,932 to €25,395Result from €26,248 to €3,498Change of role: Hidden nameVisible after signing in, from manager to director14-10Debts from €22,488 to €29,287Investments €2,279Cash from €18,599 to €8,205
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Long Xiang has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 26,973 companies, not a prediction for Long Xiang. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0686578965
Change of role: Name after signing inVisible after signing in, from manager to director
Permanent representative: Name hiddenVisible after signing in · Director discharge: Hidden nameVisible after signing in · General meeting of 07-10-2024 · Gazette deed
Incorporation
Founding capital of €18,600, 186 shares, €6,200 paid up · Founders: Name after signing inVisible after signing in and Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (manager) · published on 20-12-2017 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Long Xiang: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €54,500 and €67,200, founded between 2017 and 2018.
The company number of Long Xiang is 0686.578.965. The VAT number is the same number with BE in front: BE 0686.578.965.
Where is Long Xiang based?
The registered office is at Eugène Keymplein 6, 1170 Watermael-Boitsfort.Company details
What does Long Xiang do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of Long Xiang?
Long Xiang is a private limited company (BV).
When was Long Xiang founded?
Long Xiang was founded on 18-12-2017.
Is Long Xiang still active?
Yes, Long Xiang is an active enterprise in the KBO register.
How many employees does Long Xiang have?
Long Xiang had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Long Xiang?
The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €25,395 and 66 comparable companies (NACE 56112). It probably lies between €110,000 and €190,000.
Is Long Xiang profitable?
In financial year 2024, Long Xiang made a profit of €3,498.
Where can I find the annual accounts of Long Xiang?
Long Xiang filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.