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Restaurant Shangaï

Active
Private limited companyfounded 1973active for 53 yearsLuxemburgstraat 17, 1000 Brussel, BelgiumKBO/BCE: BE 0412.967.305
Summary

The computed 12-month bankruptcy probability of Restaurant Shangaï is 2.3% (moderate). The 2024 annual accounts show negative equity (-€73,817) and a net result of -€3,698. Equity has been shrinking by about 2.9% per year since 2018. The company has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 31-01-1973 Normal situation
Activity
“Toutes opérations généralement quelconques,industrielles,commerciales,financières,mobilières ou immobilières se rapportant directement ou indirectement à l'exploitation de…” (deed in French)From the articles, 2 activitiesNo NACE code in the KBO yet
Establishment unit
2.008.174.172 1000 Brussel, since 01-05-1973
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2024
Gross margin
-€1,763
Loss
€3,698
Equity
-€73,817
Total assets
€3,396
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskLoss of €3,698 (financial year 2024)1 financial year not filed after the legal deadline; last filed accounts filed 68 days late; 3 of the last 3 accounts latelowers riskSize: total assets €3,396Founded in 1973Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 7% of micro companies without a NACE code
Financial strength · tick: 2021
Weak
Solvency 0=
equity -2173.8% of total assets
Liquidity 20-47
short-term debt 1155.1% · cash 15.9%
Profitability 0-94
return on assets -108.9%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 6.7% 01-2025: 6.7%● unchanged vs 12-2024 02-2025: 7.6%▲ +0.9 percentage points vs 01-2025highest value 03-2025: 7.6%● unchanged vs 02-2025highest value 04-2025: 7.6%● unchanged vs 03-2025highest value 05-2025: 7.6%● unchanged vs 04-2025highest value 06-2025: 7.6%● unchanged vs 05-2025highest value 07-2025: 7.6%● unchanged vs 06-2025highest value 08-2025: 7.0%▼ -0.6 percentage points vs 07-2025 09-2025: 7.0%● unchanged vs 08-2025 10-2025: 3.4%▼ -3.6 percentage points vs 09-2025 11-2025: 1.3%▼ -2.1 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025lowest value 02-2026: 1.3%● unchanged vs 01-2026lowest value 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.7%▲ +0.3 percentage points vs 06-2026 08-2026: 2.0%▲ +0.3 percentage points vs 07-2026 09-2026: 2.0%● unchanged vs 08-2026 10-2026: 2.3%▲ +0.3 percentage points vs 09-2026 11-2026: 2.3%● unchanged vs 10-2026
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 (no NACE code, micro). It does better than 5% of them on solvency, 12% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 02-11-2026 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

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €3,396
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1973
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €3,698 (financial year 2024)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 68 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
1819202124
2018 to 2024 · latest year -€73,817
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 68 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
68 days late
2021
151 days late
2020
108 days late
2019
124 days late
2018
71 days late
2017
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 6 accounts on average 92 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€73,817 View

Recent changes

  1. · Gazette deed Change of role: CHEUNG Daniel Sze Hao, from manager to director
  2. · Gazette deed Registered office moved within BruxellesNew seat: 1000 Bruxelles, rue du Luxembourg 17 · Previous seat: RUE DES BOUCHERS 25-27 1000 BRUXELLES
All 15 events

Key facts about Restaurant Shangaï

What is the company number of Restaurant Shangaï?
The company number of Restaurant Shangaï is 0412.967.305. The VAT number is the same number with BE in front: BE 0412.967.305.
Where is Restaurant Shangaï based?
The registered office is at Luxemburgstraat 17, 1000 Brussel.Company details
What is the legal form of Restaurant Shangaï?
The legal form of Restaurant Shangaï is Private limited company (BV).
When was Restaurant Shangaï founded?
Restaurant Shangaï was founded on 31-01-1973.
Is Restaurant Shangaï still active?
Yes, Restaurant Shangaï is an active enterprise in the KBO register.
How many employees does Restaurant Shangaï have?
Restaurant Shangaï had an average of 0.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Restaurant Shangaï?
The annual accounts for financial year 2024 state no turnover.
Is Restaurant Shangaï profitable?
In financial year 2024, Restaurant Shangaï made a loss of €3,698.
Where can I find the annual accounts of Restaurant Shangaï?
Restaurant Shangaï filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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