LU HAO
ActiveThe computed 12-month bankruptcy probability of LU HAO is 5.1% (elevated). The 2024 annual accounts show equity of €14k and a net result of €13k. Its solvency ranks better than 40% of 18942 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+23
Solvency42▲+15
Growth78
Track record94
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.68 against 0.46 in 2023; short-term debt: 56.1% and cash: 29.2% of total assets), and 83.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
16.8%
Return on assets
15%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
19 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k▲ 809%
2023 · €2k
2023: €2k
2023 → 2024
Total assets
€85k▲ 13.4%
2023 · €75k
2023: €75k
2023 → 2024
Net result
€13k
2023 · €-424
2023: €-424
2023 → 2024
Working capital
€-15k▲ 27.1%
2023 · €-21k
2023: €-21k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€2k-€14k▲ 809%
Operating result€2k-€19k▲ 1,085%
Net result€-424-€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 1,085% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€52k▼ 8.3%
Current assets
€33k▲ 82.5%
Equity and liabilities €85k
Equity
€14k▲ 809%
Debt
€71k▼ 3.6%
The debt ratio falls from 97.9% to 83.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2023 · €10k
Cash flow
€31k▲
2023 · €8k
Solvency
16.8%▲
2023 · 2.1%
Current ratio
0.68▲
2023 · 0.46
Quick ratio
0.56▲
2023 · 0.29
Debt / equity
4.94▼
2023 · 46.64
ROE
89.0%▲
2023 · -26.9%
ROA
15.0%▲
2023 · -0.6%
Interest coverage
11.85▲
2023 · 5.48
Debt
€71k▼
2023 · €74k
Debt ≤ 1 year
€48k▲
2023 · €39k
Debt > 1 year
€23k▼
2023 · €35k
Income taxes
€3k▲
2023 · €225
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€75k€85k▲
Fixed assets21/28€57k€52k▼
Tangible fixed assets22/27€57k€52k▼
Land and buildings22-€5k
Plant, machinery and equipment23€57k€47k▼
Furniture and vehicles24€486€304▼
Current assets29/58€18k€33k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€577€336▼
Cash at bank and in hand54/58€8k€25k▲
Equity and liabilities
Total equity and liabilities10/49€75k€85k▲
Equity10/15€2k€14k▲
Contributions10/11€2k€2k=
Reserves13-€12k
Distributable reserves133-€12k
Profit (loss) carried forward14€-424-
Amounts payable17/49€74k€71k▼
Amounts payable after more than one year17€35k€23k▼
Financial debts170/4€35k€23k▼
Amounts payable within one year42/48€39k€48k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€5k€8k▲
Taxes450/3€5k€8k▲
Other amounts payable47/48€19k€23k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€19k▲
Other operating charges640/8€202€1k▲
Gross operating margin9900€10k€39k▲
Operating profit (loss)9901€2k€19k▲
Financial income75/76B€0€25▲
Recurring financial income75€0€25▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-199€16k▲
Income taxes67/77€225€3k▲
Profit (loss) for the period9904€-424€13k▲
Profit (loss) for the period to be appropriated9905€-424€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-424€12k▲
Profit (loss) brought forward from the previous period14P-€-424
Transfer to equity691/2-€12k
To other reserves6921-€12k
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 1 establishment unit since 2023
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.
Tervuursesteenweg 2721981 ZemstGround area
166 m²
Building footprint
114 m²
Volume, LiDAR
598 m³
Parcel 23034A0376/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LU HAO
since 20232.346.869.765
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23034A0376/00E000 | Flanders | 166 m² | 1 · 114 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 siteZemst2.346.869.765
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BE 0640.836.240
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BE 0831.170.036
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VELTMANS RENOVATIE
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Scherpenheuvel-Zichem · Eq €14k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,636 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2023
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.