SHUN - LI
ActiveSHUN - LI has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146k and a net result of €30k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 5.88 against 5.7 in 2024; short-term debt: 16.5% and cash: 92.9% of total assets), and 16.5% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.5%
Return on assets
17.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 d late
2024
30 d early
2023
1 d late
2022
46 d early
2021
25 d late
2020
23 d late
2019
67 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€146k▲ 25.9%
2024 · €116k
2018: €32k
2019: €38k
2020: €40k
2021: €63k
2022: €73k
2023: €88k
2024: €116k
2018 → 2025
Total assets
€175k▲ 26.0%
2024 · €139k
2018: €48k
2019: €46k
2020: €63k
2021: €93k
2022: €92k
2023: €100k
2024: €139k
2018 → 2025
Net result
€30k▲ 7.6%
2024 · €28k
2018: €4k
2020: €2k
2021: €23k
2022: €10k
2023: €15k
2024: €28k
2018 → 2025
Working capital
€141k▲ 31.4%
2024 · €107k
2018: €30k
2019: €30k
2020: €33k
2021: €52k
2022: €63k
2023: €81k
2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€73k▲ 15.8%€88k▲ 20.5%€116k▲ 31.7%€146k▲ 25.9%
Operating result€34k-€14k▼ 58.2%€23k▲ 64.6%€41k▲ 77.9%€55k▲ 33.9%
Net result€23k-€10k▼ 56.5%€15k▲ 50.0%€28k▲ 86.7%€30k▲ 7.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€5k▼ 40.2%
Current assets
€170k▲ 30.5%
Equity and liabilities €175k
Equity
€146k▲ 25.9%
Debt
€29k▲ 26.5%
The debt ratio rises from 16.4% to 16.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2024 · €46k
Cash flow
€35k▲
2024 · €33k
Solvency
83.5%▼
2024 · 83.6%
Current ratio
5.88▲
2024 · 5.70
Quick ratio
5.84▲
2024 · 5.65
Debt / equity
0.20▲
2024 · 0.20
ROE
20.6%▼
2024 · 24.1%
ROA
17.2%▼
2024 · 20.1%
Interest coverage
72.38▼
2024 · 222.51
Debt
€29k▲
2024 · €23k
Debt ≤ 1 year
€29k▲
2024 · €23k
Income taxes
€24k▲
2024 · €13k
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€139k€175k▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€231€0▼
Current assets29/58€130k€170k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40-€2k
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€125k€163k▲
Equity and liabilities
Total equity and liabilities10/49€139k€175k▲
Equity10/15€116k€146k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€98k€128k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€96k€126k▲
Amounts payable17/49€23k€29k▲
Amounts payable within one year42/48€23k€29k▲
Trade debts44€5k€739▼
Suppliers440/4€5k€739▼
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€18k€22k▲
Other amounts payable47/48-€7k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€513€542▲
Gross operating margin9900€47k€60k▲
Operating profit (loss)9901€41k€55k▲
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€209€827▲
Recurring financial charges65€209€827▲
Profit (loss) for the period before taxes9903€41k€54k▲
Income taxes67/77€13k€24k▲
Profit (loss) for the period9904€28k€30k▲
Profit (loss) for the period to be appropriated9905€28k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€30k▲
Transfer to equity691/2€28k€30k▲
To other reserves6921€28k€30k▲
The notes to these accounts (8 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Highest result since 2018net €30k ▲7.6%
Operating result €55k, net result €30k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €116k ▲31.7%
5 profitable years in a row build equity to €116k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼50%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Boutersem · 1 establishment unit since 2002
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 3713370 BoutersemGround area
378 m²
Building footprint
155 m²
Volume, LiDAR
804 m³
Parcel 24016B0273/00X002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Shun-Li
since 20022.228.195.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24016B0273/00X002 | Flanders | 378 m² | 1 · 155 m² | 9.2 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 siteBoutersem2.228.195.611
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Of 1,352 companies in sector 56220 we hold annual accounts for 405. 292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-06-2002
Fiscal year end31-12
Activities, NACEBEL
55301
56220Contract catering and other food service activities
56290Food and beverage service activities
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:guozhaohungalex@gmail.com
Phone:0472404772