WANG’S GARDEN
ActiveThe computed 12-month bankruptcy probability of WANG’S GARDEN is 4.7% (elevated). The 2025 annual accounts show equity of €67k and a net result of €-25k. Its solvency ranks better than 45% of 3674 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
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-93
Solvency50▼-25
Growth32
Track record82
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.41 against 0.59 in 2024; short-term debt: 64.5% and cash: 18.5% of total assets), and 74.7% 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.
+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
25.3%
Return on assets
-9.4%
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 27-08-2026, 27 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
27 d late
2024
46 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, abbreviated schema
Equity
€67k▼ 27.1%
2024 · €92k
2024: €92k
2024 → 2025
Total assets
€265k▲ 42.8%
2024 · €186k
2024: €186k
2024 → 2025
Net result
€-25k
2024 · €86k
2024: €86k
2024 → 2025
Working capital
€-101k▼ 163%
2024 · €-38k
2024: €-38k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€92k-€67k▼ 27.1%
Operating result€108k-€-23k
Net result€86k-€-25k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €108k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265k
Fixed assets
€195k▲ 49.5%
Current assets
€70k▲ 26.9%
Equity and liabilities €265k
Equity
€67k▼ 27.1%
Debt
€198k▲ 111%
The debt ratio rises from 50.5% to 74.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▼
2024 · €112k
Cash flow
€-11k▼
2024 · €90k
Solvency
25.3%▼
2024 · 49.5%
Current ratio
0.41▼
2024 · 0.59
Quick ratio
0.41▼
2024 · 0.59
Debt / equity
2.96▲
2024 · 1.02
ROE
-37.2%▼
2024 · 93.5%
ROA
-9.4%▼
2024 · 46.3%
Interest coverage
-3.01▼
2024 · 15317.68
Debt
€198k▲
2024 · €94k
Debt ≤ 1 year
€171k▲
2024 · €94k
Debt > 1 year
€27k
Income taxes
€112▼
2024 · €22k
Staff costs
€50k▲
2024 · €9k
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€186k€265k▲
Fixed assets21/28€130k€195k▲
Intangible fixed assets21-€9k
Tangible fixed assets22/27€130k€186k▲
Land and buildings22€130k€172k▲
Plant, machinery and equipment23€852€4k▲
Furniture and vehicles24-€10k
Current assets29/58€55k€70k▲
Amounts receivable within one year40/41€32k€20k▼
Trade receivables40€2k€20k▲
Other amounts receivable41€29k-
Cash at bank and in hand54/58€23k€49k▲
Deferred charges and accrued income490/1€669€1k▲
Equity and liabilities
Total equity and liabilities10/49€186k€265k▲
Equity10/15€92k€67k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€86k€61k▼
Amounts payable17/49€94k€198k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€94k€171k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€71k€73k▲
Suppliers440/4€71k€73k▲
Taxes, remuneration and social security45€23k€32k▲
Taxes450/3€23k€25k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48-€63k
Income statement
Code20242025
Remuneration, social security and pensions62€9k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€14k▲
Other operating charges640/8-€283
Gross operating margin9900€121k€42k▼
Operating profit (loss)9901€108k€-23k▼
Financial income75/76B€214€649▲
Recurring financial income75€214€649▲
Financial charges65/66B€7€3k▲
Recurring financial charges65€7€3k▲
Profit (loss) for the period before taxes9903€108k€-25k▼
Income taxes67/77€22k€112▼
Profit (loss) for the period9904€86k€-25k▼
Profit (loss) for the period to be appropriated9905€86k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€61k▼
Profit (loss) brought forward from the previous period14P-€86k
Social balance
Average headcount (FTE)90870.60.3▼
The notes to these accounts (12 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 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, Zedelgem · 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.
Torhoutsesteenweg 1228210 ZedelgemGround area
306 m²
Building footprint
199 m²
Volume, LiDAR
930 m³
Parcel 31040B0910/00T002, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WANG’S GARDEN
since 20242.362.016.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040B0910/00T002 | Flanders | 306 m² | 1 · 199 m² | 6.8 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 siteZedelgem2.362.016.316
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LE WIERTZ
BE 0670.953.849
Dinant · Eq €67k
VIEUX MILA
BE 0863.231.902
Sint-Gillis (bij-Brussel) · Eq €67k
Da Luigi's
BE 0771.606.195
Niel · Eq €67k
DEMAKENGI
BE 0472.369.907
Koksijde · Eq €67k
LONCIN
BE 0430.932.396
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,853 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
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.