SERCHOK LHASA

Active

Private limited companyfounded 20224 yrs activeSint-Niklaasstraat 32, 9000 Gent, BelgiumKBO/BCE: BE 0787.388.788

The computed 12-month bankruptcy probability of SERCHOK LHASA is 4.2% (elevated). The 2024 annual accounts show equity of €88k and a net result of €13k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 18939 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability82▼-18

Solvency94▲+7

Growth78=

Track record94

Bankruptcy probability, 12 months

4.2% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days only on tighter terms

Liquidity ample (current ratio 4.26 against 1.38 in 2023; short-term debt: 15.3% and cash: 63.8% of total assets), and 30.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

20 d late

2023

61 d late

2022

52 d early

← before the deadline after the deadline →

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 2024, micro schema

Equity

€88k▲ 18.0%

2023 · €74k

2022: €40k 2023: €74k

2022 → 2024

Total assets

€127k▲ 5.0%

2023 · €120k

2022: €57k 2023: €120k

2022 → 2024

Net result

€13k▼ 60.4%

2023 · €34k

2022: €5k 2023: €34k

2022 → 2024

Working capital

€63k▲ 261%

2023 · €18k

2022: €20k 2023: €18k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€40k-€74k▲ 83.3%€88k▲ 18.0%

Operating result€7k-€44k▲ 495%€22k▼ 51.0%

Net result€5k-€34k▲ 518%€13k▼ 60.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 51% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €127k

34.8%

65.2%

Fixed assets €44k▼ 22.3%

Current assets €82k▲ 29.3%

Equity and liabilities €127k

69.2%

30.8%

Equity €88k▲ 18.0%

Debt €39k▼ 15.8%

The debt ratio falls from 38.4% to 30.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€34k▼

2023 · €53k

Cash flow

€26k▼

2023 · €42k

Solvency

69.2%▲

2023 · 61.6%

Current ratio

4.26▲

2023 · 1.38

Quick ratio

4.21▲

2023 · 1.35

Debt / equity

0.45▼

2023 · 0.62

ROE

15.2%▼

2023 · 45.5%

ROA

10.5%▼

2023 · 28.0%

Interest coverage

7.96▼

2023 · 28.90

Debt

€39k▼

2023 · €46k

Debt ≤ 1 year

€19k▼

2023 · €46k

Debt > 1 year

€20k

Income taxes

€4k▼

2023 · €9k

Staff costs

€7k▼

2023 · €7k

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€120k€127k▲

Formation expenses20€0-

Fixed assets21/28€57k€44k▼

Tangible fixed assets22/27€57k€44k▼

Plant, machinery and equipment23€16k€11k▼

Furniture and vehicles24€41k€33k▼

Current assets29/58€64k€82k▲

Stocks and contracts in progress3€1k€1k▼

Stocks30/36€1k€1k▼

Amounts receivable within one year40/41€2k€685▼

Other amounts receivable41€2k€685▼

Cash at bank and in hand54/58€60k€81k▲

Equity and liabilities

Total equity and liabilities10/49€120k€127k▲

Equity10/15€74k€88k▲

Contributions10/11€35k€35k=

Reserves13€4k€4k=

Distributable reserves133€4k€4k=

Profit (loss) carried forward14€36k€49k▲

Amounts payable17/49€46k€39k▼

Amounts payable after more than one year17-€20k

Financial debts170/4-€20k

Amounts payable within one year42/48€46k€19k▼

Financial debts43-€6k

Credit institutions430/8-€6k

Trade debts44€36k€10k▼

Suppliers440/4€36k€10k▼

Taxes, remuneration and social security45€9k€4k▼

Taxes450/3€9k€4k▼

Remuneration and social security454/9-€142

Other amounts payable47/48€1k€84▼

Income statement Code20232024

Remuneration, social security and pensions62€7k€7k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€13k▲

Other operating charges640/8€926€3k▲

Non-recurring operating charges66A-€116

Gross operating margin9900€61k€45k▼

Operating profit (loss)9901€44k€22k▼

Financial charges65/66B€2k€4k▲

Recurring financial charges65€2k€4k▲

Profit (loss) for the period before taxes9903€43k€17k▼

Income taxes67/77€9k€4k▼

Profit (loss) for the period9904€34k€13k▼

Profit (loss) for the period to be appropriated9905€34k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€39k€49k▲

Profit (loss) brought forward from the previous period14P€5k€36k▲

Transfer to equity691/2€4k-

To the legal reserve6920€4k-

The notes to these accounts (5 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

All 5Financial 2Filings 3

2025

20-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 20 days late

2024

31-12

Financial Liquidity triplescurrent ratio 4.26

Current ratio from 1.38 to 4.26; short-term debt falls from €46k to €19k.

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

31-12

Financial Highest result since 2022net €34k ▲518%

Operating result €44k, net result €34k, both a record.

09-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Gent · 1 establishment unit since 2022

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.

Sint-Niklaasstraat 329000 Gent

Ground area

90 m²

Building footprint

65 m²

Volume, LiDAR

855 m³

Parcel 44803C0218/00D000, Flanders · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Asian Corner

Sint-Niklaasstraat 32, 9000 GentFood and beverage service activities

since 20222.332.408.946

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44803C0218/00D000	Flanders	90 m²	1 · 65 m²	17.5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Gent2.332.408.946

1 permission

Toelating · Eetgelegenheid · since 17-06-2022

Similar companies · same sector, comparable size

THE QABBANI

BE 0781.925.413

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Saint-Georges-sur-Meuse · Eq €88k

Elivera

BE 0663.857.904

Heist-op-den-Berg · Eq €87k

RUI & LI

BE 0537.711.976

Denderleeuw · Eq €87k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 7,970 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded17-06-2022

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

56210Event catering

56220Contract catering and other food service activities

56290Food and beverage service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 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.