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RESTAURANT CHINA

Active
Private limited company (pre-2019)founded 199827 yrs activeLeuvensesteenweg 151, 3070 Kortenberg, BelgiumKBO/BCE: BE 0464.289.510
Summary

RESTAURANT CHINA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €21k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-14
Solvency96▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 9.74 against 5.8 in 2024; short-term debt: 8.4% and cash: 6% of total assets), and 29.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.9%
Return on assets
11.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2024
28 d late
2023
23 d late
2022
64 d late
2021
28 d late
2020
89 d late
2019
26 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 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

Financials · fiscal year 2025, micro schema

Equity
€124k▲ 20.1%
2024 · €103k
2019: €21k 2020: €26k 2021: €36k 2022: €49k 2023: €65k 2024: €103k
2019 → 2025
Total assets
€174k▲ 9.0%
2024 · €160k
2019: €44k 2020: €31k 2021: €39k 2022: €68k 2023: €87k 2024: €160k
2019 → 2025
Net result
€21k▼ 45.5%
2024 · €38k
2019: €21k 2020: €5k 2021: €10k 2022: €14k 2023: €15k 2024: €38k
2019 → 2025
Working capital
€128k▲ 27.4%
2024 · €101k
2019: €921 2020: €18k 2021: €29k 2022: €46k 2023: €64k 2024: €101k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€36k-€49k▲ 38.7%€65k▲ 31.3%€103k▲ 58.4%€124k▲ 20.1%
Operating result€12k-€7k▼ 37.6%€18k▲ 145%€51k▲ 184%€27k▼ 46.8%
Net result€10k-€14k▲ 42.6%€15k▲ 12.0%€38k▲ 145%€21k▼ 45.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €12k€12kNet result 2021: €10k€10kOperating result 2022: €7k€7kNet result 2022: €14k€14kOperating result 2023: €18k€18kNet result 2023: €15k€15kOperating result 2024: €51k€51kNet result 2024: €38k€38kOperating result 2025: €27k€27kNet result 2025: €21k€21k20212022202320242025€0€20k€40k€60kOperating result 2023: €18k€18kNet result 2023: €15k€15kOperating result 2024: €51k€51kNet result 2024: €38k€38kOperating result 2025: €27k€27kNet result 2025: €21k€21k202320242025
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets €31k ▼ 18.4%
Current assets €143k ▲ 17.5%
Equity and liabilities €174k
Equity €124k ▲ 20.1%
Debt €51k ▼ 11.1%
Debt's share of the balance-sheet total falls from 35.7% to 29.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35k
2024 · €55k
Cash flow
€29k
2024 · €43k
Current ratio
9.74
2024 · 5.80
Quick ratio
9.69
2024 · 5.76
Debt to equity
0.41
2024 · 0.55
ROE
16.7%
2024 · 36.9%
ROA
11.9%
2024 · 23.7%
Interest coverage
294.44
2024 · 1156.70
Debt ≤ 1 year
€15k
2024 · €21k
Debt > 1 year
€36k=
2024 · €36k
Income taxes
€11k
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€160k€174k
Fixed assets21/28€38k€31k
Tangible fixed assets22/27€34k€27k
Plant, machinery and equipment23€1k€2k
Furniture and vehicles24€33k€25k
Financial fixed assets28€4k€4k=
Current assets29/58€122k€143k
Stocks and contracts in progress3€760€760=
Stocks30/36€760€760=
Amounts receivable within one year40/41€106k€132k
Other amounts receivable41€106k€132k
Cash at bank and in hand54/58€15k€10k
Equity and liabilities
Total equity and liabilities10/49€160k€174k
Equity10/15€103k€124k
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€84k€105k
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€82k€103k
Amounts payable17/49€57k€51k
Amounts payable after more than one year17€36k€36k=
Financial debts170/4€36k€36k=
Amounts payable within one year42/48€21k€15k
Trade debts44€6k€5k
Suppliers440/4€6k€5k
Taxes, remuneration and social security45€16k€10k
Taxes450/3€16k€10k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k
Other operating charges640/8€3k€3k
Gross operating margin9900€58k€38k
Operating profit (loss)9901€51k€27k
Financial income75/76B€3k€5k
Recurring financial income75€3k€5k
Financial charges65/66B€48€119
Recurring financial charges65€48€119
Profit (loss) for the period before taxes9903€54k€32k
Income taxes67/77€16k€11k
Profit (loss) for the period9904€38k€21k
Profit (loss) for the period to be appropriated9905€38k€21k
Appropriation of the result
Profit (loss) to be appropriated9906€38k€21k
Transfer to equity691/2€38k€21k
To other reserves6921€38k€21k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial Highest result since 2019net €38k ▲145%
Operating result €51k, net result €38k, both a record.
30-06
Financial Equity above €100kEq €103k ▲58.4%
6 profitable years in a row build equity to €103k.
23-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
05-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
30-06
Financial Liquidity doublescurrent ratio 10.15
Current ratio from 4.40 to 10.15; short-term debt falls from €5k to €3k.
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
30-06
Financial Weakest financial yearnet €5k ▼77.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity quadruplescurrent ratio 4.40
Current ratio from 1.04 to 4.40; short-term debt falls from €23k to €5k.
26-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
Show earlier events
2019
05-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2017
22-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
06-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 34 days late
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, Kortenberg · 1 establishment unit since 1998
establishment The establishment unit on the map
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.

Leuvensesteenweg 1513070 Kortenberg
Ground area
956 m²
Building footprint
269 m²
Volume, LiDAR
1,437 m³
Parcel 24055A0023/00V000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RESTAURANT CHINA
Leuvensesteenweg 151, 3070 KortenbergNACE 1513103
since 19982.089.209.655
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24055A0023/00V000 Flanders 956 m² 1 · 269 m² 11.9 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 site
Kortenberg2.089.209.655
1 permission
Toelating · Eetgelegenheid · since 01-01-2006

Similar companies · same sector, comparable size

Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded05-10-1998
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

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