San Ren Xing
ActiveThe computed 12-month bankruptcy probability of San Ren Xing is 6.7% (elevated). The 2025 annual accounts show negative equity (€-3k) and a net result of €-3k. Its solvency ranks better than 17% of 3657 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+25
Solvency9▼-17
Growth58
Track record82
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.33 against 0.5 in 2024; short-term debt: 110.6% and cash: 25.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15.9%
Return on assets
-18%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 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 · 2 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-3k
2024 · €393
2024: €393
2024 → 2025
Total assets
€19k▼ 34.7%
2024 · €29k
2024: €29k
2024 → 2025
Net result
€-3k▲ 60.3%
2024 · €-9k
2024: €-9k
2024 → 2025
Working capital
€-14k▲ 2.0%
2024 · €-14k
2024: €-14k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€393-€-3k
Operating result€-9k-€-2k▲ 71.2%
Net result€-9k-€-3k▲ 60.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€12k▼ 18.2%
Current assets
€7k▼ 51.8%
Key figures and ratios
EBITDA
€3k▲
2024 · €-8k
Cash flow
€2k▲
2024 · €-8k
Solvency
-15.9%▼
2024 · 1.3%
Current ratio
0.33▼
2024 · 0.50
Quick ratio
0.24▼
2024 · 0.37
Debt / equity
-7.29
ROA
-18.0%▲
2024 · -29.5%
Interest coverage
3.04▲
2024 · -1098.57
Debt
€22k▼
2024 · €29k
Debt ≤ 1 year
€21k▼
2024 · €29k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€29k€19k▼
Fixed assets21/28€15k€12k▼
Tangible fixed assets22/27€15k€12k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€11k€9k▼
Current assets29/58€14k€7k▼
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€10k€174▼
Trade receivables40€8k€19▼
Other amounts receivable41€2k€155▼
Cash at bank and in hand54/58€630€5k▲
Equity and liabilities
Total equity and liabilities10/49€29k€19k▼
Equity10/15€393€-3k▼
Contributions10/11€9k€9k=
Outside capital11€9k€9k=
Other1109/19€9k€9k=
Profit (loss) carried forward14€-9k€-12k▼
Amounts payable17/49€29k€22k▼
Amounts payable within one year42/48€29k€21k▼
Trade debts44€12k€1k▼
Suppliers440/4€12k€1k▼
Taxes, remuneration and social security45-€9k
Taxes450/3-€3k
Remuneration and social security454/9-€6k
Other amounts payable47/48€17k€10k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€910€5k▲
Other operating charges640/8€637€2k▲
Gross operating margin9900€-7k€5k▲
Operating profit (loss)9901€-9k€-2k▲
Financial income75/76B-€34
Recurring financial income75-€34
Financial charges65/66B€7€974▲
Recurring financial charges65€7€974▲
Profit (loss) for the period before taxes9903€-9k€-3k▲
Profit (loss) for the period9904€-9k€-3k▲
Profit (loss) for the period to be appropriated9905€-9k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-12k▼
Profit (loss) brought forward from the previous period14P-€-9k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
NBB filing
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, Gent · 1 establishment unit since 2024
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.
Sint-Kwintensberg 479000 GentGround area
743 m²
Building footprint
328 m²
Volume, LiDAR
4,668 m³
Parcel 44805E1739/00E000, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
San Ren Xing
since 20242.361.306.137
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E1739/00E000 | Flanders | 743 m² | 1 · 328 m² | 17.4 m · 5 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.361.306.137
Similar companies · same sector, comparable size
VYP Group
BE 0700.221.026
Brussel · Eq €393
Côté Montagne
BE 1028.671.340
Stavelot · Eq €399
RESTAURANT LA CHRYSALIDE
BE 0739.718.733
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't Edenhofke
BE 0754.798.669
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LE BAOBAB
BE 0475.667.115
Sint-Gillis (bij-Brussel) · Eq €383
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 709 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2024
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.