ORIENTAL SUN
ActiveThe computed 12-month bankruptcy probability of ORIENTAL SUN is 2.0% (moderate). The 2024 annual accounts show equity of €178k and a net result of €54k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 18942 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+50
Solvency100▲+4
Growth75▲+15
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 2.78 in 2023; short-term debt: 24.1% and cash: 64.1% of total assets), and 24.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
96 d late
2022
113 d late
2021
112 d late
2020
117 d late
2019
140 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€674k▲ 5.0%
2023 · €641k
2018: €354k
2019: €434k
2020: €423k
2021: €547k
2022: €629k
2023: €641k
2018 → 2024
EBIT margin
12.7%▲ 11.7pp
2023 · 1.0%
2018: 1.7%
2019: 5.6%
2020: 12.1%
2021: 9.3%
2022: 5.2%
2023: 1.0%
2018 → 2024
Net result
€54k
2023 · €-1k
2018: €602
2019: €19k
2020: €41k
2021: €37k
2022: €18k
2023: €-1k
2018 → 2024
Working capital
€137k▲ 48.5%
2023 · €92k
2018: €-9k
2019: €9k
2020: €28k
2021: €55k
2022: €82k
2023: €92k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€423k-€547k▲ 29.5%€629k▲ 14.8%€641k▲ 2.0%€674k▲ 5.0%
Equity€70k-€106k▲ 52.7%€125k▲ 17.3%€124k▼ 1.1%€178k▲ 43.9%
Operating result€51k-€51k▼ 0.8%€32k▼ 36.4%€7k▼ 79.3%€86k▲ 1,178%
Net result€41k-€37k▼ 9.6%€18k▼ 49.7%€-1k€54k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,178% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €234k
Fixed assets
€41k▲ 30.3%
Current assets
€193k▲ 34.4%
Equity and liabilities €234k
Equity
€178k▲ 43.9%
Debt
€56k▲ 9.3%
The debt ratio falls from 29.5% to 24.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€94k▲
2023 · €18k
Cash flow
€63k▲
2023 · €10k
Solvency
75.9%▲
2023 · 70.5%
Current ratio
3.42▲
2023 · 2.78
Quick ratio
3.24▲
2023 · 2.61
Debt / equity
0.32▼
2023 · 0.42
ROE
30.5%▲
2023 · -1.1%
ROA
23.1%▲
2023 · -0.8%
Interest coverage
13.24▲
2023 · 3.17
Debt
€56k▲
2023 · €52k
Debt ≤ 1 year
€56k▲
2023 · €52k
Income taxes
€24k▲
2023 · €3k
Staff costs
€206k▲
2023 · €168k
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€175k€234k▲
Fixed assets21/28€32k€41k▲
Tangible fixed assets22/27€16k€26k▲
Plant, machinery and equipment23€13k€3k▼
Furniture and vehicles24€3k€23k▲
Other tangible fixed assets26€450€0▼
Assets under construction and advance payments27-€0
Financial fixed assets28€15k€15k=
Current assets29/58€144k€193k▲
Stocks and contracts in progress3€9k€10k▲
Stocks30/36€9k€10k▲
Amounts receivable within one year40/41€36k€27k▼
Trade receivables40€10k€25k▲
Other amounts receivable41€26k€3k▼
Cash at bank and in hand54/58€90k€150k▲
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€175k€234k▲
Equity10/15€124k€178k▲
Contributions10/11€6k€6k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€25k€25k=
Distributable reserves133€12k€13k▲
Profit (loss) carried forward14€79k€133k▲
Amounts payable17/49€52k€56k▲
Amounts payable within one year42/48€52k€56k▲
Trade debts44€20k€0▼
Suppliers440/4€20k€0▼
Taxes, remuneration and social security45€32k€55k▲
Taxes450/3€13k€32k▲
Remuneration and social security454/9€19k€23k▲
Other amounts payable47/48€0€951▲
Income statement
Code20232024
Turnover70€641k€674k▲
Non-recurring operating income76A-€17k
Goods, raw materials, services and sundry goods60/61€468k€406k▼
Remuneration, social security and pensions62€168k€206k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€158-
Gross operating margin9900€191k€305k▲
Operating profit (loss)9901€7k€86k▲
Financial income75/76B€80€73▼
Recurring financial income75€80€73▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€1k€79k▲
Income taxes67/77€3k€24k▲
Profit (loss) for the period9904€-1k€54k▲
Profit (loss) for the period to be appropriated9905€-1k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€133k▲
Profit (loss) brought forward from the previous period14P€80k€79k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
2024
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
31-12
Financial
Equity above €150kEq €178k ▲43.9%
Equity rises from €124k to €178k.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
2023
31-12
Financial
Weakest financial yearnet €-1k ▼108%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 113 days late
2022
20-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 112 days late
2021
31-12
Financial
Equity above €100kEq €106k ▲52.7%
4 profitable years in a row build equity to €106k.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 141 days late
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 119 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Namur · 2 establishment units since 2008
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.
Rue des Fripiers 55000 NamurGround area
188 m²
Building footprint
101 m²
Volume, LiDAR
1,407 m³
2 parcels, Wallonia · tallest building 18.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Oriental Sun
since 20082.183.431.792
ORIENTAL SUN
since 20162.256.154.969
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C1409/00F000 | Wallonia | 144 m² | 1 · 64 m² | 13.7 m · 4 fl. |
| 92094C0890/00_000 | Wallonia | 43 m² | 1 · 37 m² | 18.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteNamur2.183.431.792
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TD9
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9 RESTAURANT
BE 0500.839.308
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OSCADI
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BELO
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Kontich · Eq €178k
Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 8,789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2007
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.