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MEIJIAO

Active
Private limited companyfounded 20233 yrs activeKapelstraat 62, 2540 Hove, BelgiumKBO/BCE: BE 0803.041.620
Summary

The computed 12-month bankruptcy probability of MEIJIAO is 4.6% (elevated). The 2024 annual accounts show equity of €30,775 and a net result of €25,775. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency94
Growth-
Track record79
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.98; short-term debt: 30.8% and cash: 79.4% of total assets), and 30.8% of the assets are financed with debt.
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Signals

Three 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
36 d early
2024
22 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 June 2023, MEIJIAO was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€30,775
Total assets
€44,475
Net result
€25,775
Working capital
€27,193

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €44,475
Fixed assets €3,582
Current assets €40,893
Equity and liabilities €44,475
Equity €30,775
Debt €13,700
Debt finances 30.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€40,198
Cash flow
€27,193
Current ratio
2.98
Quick ratio
2.71
Debt to equity
0.45
ROE
83.8%
ROA
58.0%
Interest coverage
44.87
Debt ≤ 1 year
€13,700
Income taxes
€12,648
Staff costs
€41,680

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 42 lines
Balance sheet Code2024
Assets
Total assets20/58€44,475
Fixed assets21/28€3,582
Tangible fixed assets22/27€3,582
Other tangible fixed assets26€3,582
Current assets29/58€40,893
Stocks and contracts in progress3€3,833
Stocks30/36€3,833
Amounts receivable within one year40/41€778
Trade receivables40€226
Other amounts receivable41€552
Cash at bank and in hand54/58€35,291
Deferred charges and accrued income490/1€991
Equity and liabilities
Total equity and liabilities10/49€44,475
Equity10/15€30,775
Contributions10/11€5,000
Reserves13€25,775
Distributable reserves133€25,775
Amounts payable17/49€13,700
Amounts payable within one year42/48€13,700
Trade debts44€8,558
Suppliers440/4€8,558
Taxes, remuneration and social security45€3,445
Taxes450/3€878
Remuneration and social security454/9€2,567
Other amounts payable47/48€1,697
Income statement Code2024
Non-recurring operating income76A€1,136
Remuneration, social security and pensions62€41,680
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,418
Non-recurring operating charges66A€1,824
Gross operating margin9900€83,702
Operating profit (loss)9901€38,780
Financial income75/76B€538
Recurring financial income75€538
Financial charges65/66B€896
Recurring financial charges65€896
Profit (loss) for the period before taxes9903€38,423
Income taxes67/77€12,648
Profit (loss) for the period9904€25,775
Profit (loss) for the period to be appropriated9905€25,775
Appropriation of the result
Profit (loss) to be appropriated9906€25,775
Transfer to equity691/2€25,775
To other reserves6921€25,775

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Non-recurring operating income76A€1,136
Remuneration, social security and pensions62€41,680
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,418
Non-recurring operating charges66A€1,824
Gross operating margin9900€83,702
Operating profit (loss)9901€38,780
Financial income75/76B€538
Recurring financial income75€538
Financial charges65/66B€896
Recurring financial charges65€896
Profit (loss) for the period before taxes9903€38,423
Income taxes67/77€12,648
Profit (loss) for the period9904€25,775
Profit (loss) for the period to be appropriated9905€25,775
Line2024
Assets
Total assets20/58€44,475
Fixed assets21/28€3,582
Tangible fixed assets22/27€3,582
Other tangible fixed assets26€3,582
Current assets29/58€40,893
Stocks and contracts in progress3€3,833
Stocks30/36€3,833
Amounts receivable within one year40/41€778
Trade receivables40€226
Other amounts receivable41€552
Cash at bank and in hand54/58€35,291
Deferred charges and accrued income490/1€991
Equity and liabilities
Total equity and liabilities10/49€44,475
Equity10/15€30,775
Contributions10/11€5,000
Reserves13€25,775
Distributable reserves133€25,775
Amounts payable17/49€13,700
Amounts payable within one year42/48€13,700
Trade debts44€8,558
Suppliers440/4€8,558
Taxes, remuneration and social security45€3,445
Taxes450/3€878
Remuneration and social security454/9€2,567
Other amounts payable47/48€1,697
Line2024
Profit (loss) for the period9904€25,775
+ Depreciation and write-downs630€1,418
Operating cash flow (approximation)€27,193

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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.

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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, Hove · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
223 m²
Building footprint
186 m²
Volume, LiDAR
1,024 m³
Parcel 11021A0036/00R005, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE LAMME GOEDZAK
Kapelstraat 62, 2540 HoveLimited-service restaurants
since 20232.346.709.023
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11021A0036/00R005 Flanders 223 m² 1 · 186 m² 13.7 m · 2 fl.
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 site
Hove2.346.709.023
1 permission
Toelating · Frituur · since 03-08-2023

Similar companies · same sector, comparable size

Of 21,835 companies in sector 56112 we hold annual accounts for 9,777. 8,393 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
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
Phone 03-334.80.40
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803041620
Also 9925:BE0803041620
Registered 26-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.