NEW CHINA
ActiveSummary
NEW CHINA has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130,125 and a net result of €27,722. Equity has been growing by about 36% per year since 2018. Its solvency ranks better than 95% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-04-1989 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Establishment unit
- 2.043.615.103 1050 Elsene, since 05-06-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 29-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €47,736
- ▼ 14.8%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €27,722
- ▼ 18.2%
- Equity
- €130,125
- ▲ 27.1%
- Total assets
- €148,580
- ▲ 11.4%
- 2025 accounts filed 80 days after the deadline
Score breakdownraises riskLast filed accounts filed 80 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 6.06, cash €100,236Founded in 1989Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 97% on liquidity, 80% on profitability and 71% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 105 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Changes of role: XU Mingli (director) and XU Juming (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as NEW CHINA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €132,000 and €160,000, founded between 1988 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| NEW CHINA Brussel | €148,580 | €47,736 |
| MENELAS Brussel | €147,087 | €46,618 |
| METESAN Brussel | €160,398 | €54,813 |
| TOBI Heist-op-den-Berg | €140,530 | €49,877 |
| LE TYBERCHAMPS Seneffe | €141,179 | €46,478 |
| GREENFIELD II NEKKERSPOEL Mechelen | €158,719 | €46,496 |
| Het Verloren Rund Mol | €132,163 | €41,871 |
Key facts about NEW CHINA
- What is the company number of NEW CHINA?
- The company number of NEW CHINA is 0437.130.993. The VAT number is the same number with BE in front: BE 0437.130.993.
- Where is NEW CHINA based?
- The registered office is at Tenbos 24, 1000 Brussel.Company details
- What does NEW CHINA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of NEW CHINA?
- The legal form of NEW CHINA is Private limited company (BV).
- When was NEW CHINA founded?
- NEW CHINA was founded on 03-04-1989.
- Is NEW CHINA still active?
- Yes, NEW CHINA is an active enterprise in the KBO register.
- What is the turnover of NEW CHINA?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €47,736 and 60 comparable companies (NACE 56111). It probably lies between €180,000 and €310,000.Financials
- Is NEW CHINA profitable?
- In financial year 2025, NEW CHINA made a profit of €27,722.
- Where can I find the annual accounts of NEW CHINA?
- NEW CHINA filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NEW CHINA due?
- NEW CHINA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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