TINGLUAN
ActiveSummary
The computed 12-month bankruptcy probability of TINGLUAN is 4.0% (moderate). The 2025 annual accounts show negative equity (-€1,219) and a net result of €1,512. Equity is shrinking by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 13617 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+85
Solvency15▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.17 in 2024; short-term debt: 110.4% and cash: 11.8% of total assets), and equity is negative.
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Signals
Five 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-10.4%
Return on assets
12.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
7 d early
2024
8 d early
2023
122 d late
2022
26 d early
2021
31 d late
2020
22 d late
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 24 July (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€1,219▲ 55.4%
2024 · -€2,730
Total assets
€11,683▼ 39.3%
2024 · €19,233
Net result
€1,512
2024 · -€8,607
Working capital
-€9,539▲ 47.6%
2024 · -€18,216
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€15,226▼ 3,095%-€3,362▲ 77.9%-€17,464▼ 419%-€8,290▲ 52.5%€1,826
Net result-€7,239below the sector's middle half-€3,526within the sector's middle half▲ 51.3%-€17,763below the sector's middle half▼ 404%-€8,607below the sector's middle half▲ 51.5%€1,512within the sector's middle half
Equity€27,166within the sector's middle half▼ 21.0%€23,640within the sector's middle half▼ 13.0%€5,877within the sector's middle half▼ 75.1%-€2,730within the sector's middle half-€1,219below the sector's middle half▲ 55.4%
Total assets€58,664within the sector's middle half▲ 27.5%€46,601within the sector's middle half▼ 20.6%€31,449below the sector's middle half▼ 32.5%€19,233below the sector's middle half▼ 38.8%€11,683below the sector's middle half▼ 39.3%
Debt€31,498▲ 171%€22,961▼ 27.1%€25,571▲ 11.4%€21,963▼ 14.1%€12,901▼ 41.3%
Working capital-€3,151within the sector's middle half-€6,222within the sector's middle half▼ 97.4%-€16,797within the sector's middle half▼ 170%-€18,216within the sector's middle half▼ 8.5%-€9,539within the sector's middle half▲ 47.6%
Solvency46.3%within the sector's middle half▼ 28.4pp50.7%within the sector's middle half▲ 4.4pp18.7%within the sector's middle half▼ 32.0pp-14.2%below the sector's middle half▼ 32.9pp-10.4%below the sector's middle half▲ 3.8pp
Current ratio0.89within the sector's middle half▼ 2.940.73within the sector's middle half▼ 0.160.34below the sector's middle half▼ 0.390.17below the sector's middle half▼ 0.170.26below the sector's middle half▲ 0.09
Return on assets (ROA)-12.3%below the sector's middle half▼ 27.9pp-7.6%within the sector's middle half▲ 4.8pp-56.5%below the sector's middle half▼ 48.9pp-44.8%below the sector's middle half▲ 11.7pp12.9%within the sector's middle half▲ 57.7pp
Staff (FTE)1.90.8
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1,826 after a loss of €8,290 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,683
Fixed assets
€8,321 ▼ 46.3%
Current assets
€3,362 ▼ 10.3%
Key figures and ratios
EBITDA
€8,992▲
2024 · -€1,103
Cash flow
€8,677▲
2024 · -€1,419
Debt to equity
-10.59▼
2024 · -8.04
Interest coverage
108.07▲
2024 · -12.39
Debt ≤ 1 year
€12,901▼
2024 · €21,963
Income taxes
€231▲
2024 · €228
Staff costs
€1,193▼
2024 · €10,555
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €5,686 | €17,191 | €20,754 | €10,555 | €1,193 | ▼ 88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,192 | €7,053 | €7,188 | €7,188 | €7,166 | ▼ 0.3% |
| Other operating charges640/8 | €1,862 | €862 | €832 | €890 | €980 | ▲ 10.1% |
| Gross operating margin9900 | -€487 | €21,745 | €11,309 | €10,342 | €11,165 | ▲ 8.0% |
| Operating profit (loss)9901 | -€15,226 | -€3,362 | -€17,464 | -€8,290 | €1,826 | ▲ 122% |
| Financial income75/76B | €8,555 | €0 | €7 | - | €0 | - |
| Recurring financial income75 | €8,555 | €0 | €7 | - | €0 | - |
| Financial charges65/66B | €416 | €239 | €87 | €89 | €83 | ▼ 6.5% |
| Recurring financial charges65 | €416 | €239 | €87 | €89 | €83 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | -€7,087 | -€3,601 | -€17,544 | -€8,379 | €1,743 | ▲ 121% |
| Income taxes67/77 | €152 | -€75 | €219 | €228 | €231 | ▲ 1.5% |
| Profit (loss) for the period9904 | -€7,239 | -€3,526 | -€17,763 | -€8,607 | €1,512 | ▲ 118% |
| Profit (loss) for the period to be appropriated9905 | -€7,239 | -€3,526 | -€17,763 | -€8,607 | €1,512 | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,664 | €46,601 | €31,449 | €19,233 | €11,683 | ▼ 39.3% |
| Fixed assets21/28 | €33,918 | €29,862 | €22,674 | €15,486 | €8,321 | ▼ 46.3% |
| Intangible fixed assets21 | €2,326 | €1,861 | €1,396 | €930 | €465 | ▼ 50.0% |
| Tangible fixed assets22/27 | €26,206 | €22,616 | €15,893 | €9,171 | €2,470 | ▼ 73.1% |
| Furniture and vehicles24 | €26,206 | €22,616 | €15,893 | €9,171 | €2,470 | ▼ 73.1% |
| Financial fixed assets28 | €5,385 | €5,385 | €5,385 | €5,385 | €5,385 | = |
| Current assets29/58 | €24,746 | €16,739 | €8,774 | €3,747 | €3,362 | ▼ 10.3% |
| Stocks and contracts in progress3 | €4,735 | €4,415 | €343 | - | - | - |
| Stocks30/36 | €4,735 | €4,415 | €343 | - | - | - |
| Amounts receivable within one year40/41 | €7,844 | €3,842 | €5,135 | €1,753 | €1,837 | ▲ 4.8% |
| Trade receivables40 | €2,127 | €3,380 | €4,477 | €912 | €1,211 | ▲ 32.7% |
| Other amounts receivable41 | €5,717 | €462 | €658 | €840 | €626 | ▼ 25.5% |
| Cash at bank and in hand54/58 | €11,438 | €7,775 | €2,761 | €1,403 | €1,378 | ▼ 1.8% |
| Deferred charges and accrued income490/1 | €730 | €707 | €537 | €591 | €148 | ▼ 75.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,664 | €46,601 | €31,449 | €19,233 | €11,683 | ▼ 39.3% |
| Equity10/15 | €27,166 | €23,640 | €5,877 | -€2,730 | -€1,219 | ▲ 55.4% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Non-distributable reserves130/1 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | €6,266 | €2,740 | -€15,023 | -€23,630 | -€22,119 | ▲ 6.4% |
| Amounts payable17/49 | €31,498 | €22,961 | €25,571 | €21,963 | €12,901 | ▼ 41.3% |
| Amounts payable within one year42/48 | €27,898 | €22,961 | €25,571 | €21,963 | €12,901 | ▼ 41.3% |
| Trade debts44 | €3,903 | €3,039 | €7,403 | €3,358 | €4,154 | ▲ 23.7% |
| Suppliers440/4 | €3,903 | €3,039 | €7,403 | €3,358 | €4,154 | ▲ 23.7% |
| Taxes, remuneration and social security45 | €3,410 | €3,221 | €4,333 | €1,690 | €1,943 | ▲ 15.0% |
| Taxes450/3 | €445 | €775 | €1,395 | €933 | €1,187 | ▲ 27.2% |
| Remuneration and social security454/9 | €2,964 | €2,447 | €2,938 | €757 | €757 | = |
| Other amounts payable47/48 | €20,586 | €16,700 | €13,836 | €16,915 | €6,804 | ▼ 59.8% |
| Accrued charges and deferred income492/3 | €3,600 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,239 | -€3,526 | -€17,763 | -€8,607 | €1,512 | ▲ 118% |
| + Depreciation and write-downs630 | €7,192 | €7,053 | €7,188 | €7,188 | €7,166 | ▼ 0.3% |
| Operating cash flow (approximation) | -€48 | €3,527 | -€10,575 | -€1,419 | €8,677 | ▲ 711% |
| Investment in fixed assets (approximation) | - | -€2,998 | -€0 | €0 | €0 | - |
| Change in cash | - | -€3,663 | -€5,014 | -€1,358 | -€25 | ▲ 98.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €1,512
Net result €1,512 after 4 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
31-12
Financial
Weakest financial yearnet -€17,763
Net result drops to -€17,763, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
22-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
31-12
Financial
Back to profitnet €7,157
Net result €7,157 after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2016
Ground area
116 m²
Building footprint
94 m²
Volume, LiDAR
1,128 m³
Parcel 21442A0143/00S008, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ROLLING SUSHI
since 20162.253.791.337
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0143/00S008 | Brussels | 116 m² | 1 · 94 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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 siteElsene2.253.791.337
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 5,495 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0651936010
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.