WELCOME ASIA
The computed 12-month bankruptcy probability of WELCOME ASIA is 1.9% (moderate). The 2024 annual accounts show equity of €79k and a net result of €177k. Equity is growing by ~158% per year across the filed fiscal years. Its solvency ranks better than 42% of 6722 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €79k |
| Net result | €177k |
| Staff (FTE) | 4.4 |
| Better than sector | 42% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.4% | 20.4% | |
| Net result | €177k | €4k | |
| Equity | €79k | €16k | |
| Gross operating margin | €340k | €24k | |
| Staff costs | €114k | €33k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €221k |
| Net profit | €177k |
| Cash flow | €198k |
| Staff costs | €114k |
| Income taxes | €19k |
| Dividends | - |
| Total assets | €590k |
| Equity | €79k |
| Debt | €511k |
| of which ≤ 1y | €468k |
| of which > 1y | €38k |
| Working capital | €-5k |
| Employees (FTE) | 4.4 |
| 2024 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.80 |
| Working capital ratio | -0.9% |
| Solvency | 13.4% |
| Debt / equity | 6.46 |
| Long-term debt ratio | 0.49 |
| Interest coverage | 49.88 |
| Gross margin | - |
| Net margin | - |
| ROA | 29.9% |
| ROE | 223.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €590k |
| Fixed assets | 21/28 | €128k |
| Tangible fixed assets | 22/27 | €126k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €462k |
| Stocks & contracts in progress | 3 | €90k |
| Amounts receivable within one year | 40/41 | €219k |
| Cash & bank | 54/58 | €147k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €590k |
| Equity | 10/15 | €79k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €74k |
| Amounts payable | 17/49 | €511k |
| Amounts payable after one year | 17 | €38k |
| Amounts payable within one year | 42/48 | €468k |
| Trade debts payable within one year | 44 | €281k |
| Income statement | ||
| Gross operating margin | 9900 | €340k |
| Operating result | 9901 | €200k |
| Financial income | 75 | €306 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €196k |
| Income taxes | 67/77 | €19k |
| Net result for the period | 9904 | €177k |
| Result to be appropriated | 9905 | €177k |
-
J&FALegal entityDirector· perm. rep.: KE JUANFANGState Gazette act 23041864 (24-03-2023)Current24-03-2023 → present
-
YUAN'SLegal entityDaily management· perm. rep.: YUAN MEIJINState Gazette act 23041864 (24-03-2023)Current24-03-2023 → present
Former directors (2)
-
Former- → 24-03-2023
-
Former- → 31-03-2022
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 02-09-2021 |
| Status | Active |
| Postal code | 3140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014D0047/00G000indicative | Flanders | 4.5 ha | 1 · 2.0 ha | 16.4 m · 4 fl. |
| 24048A0078/00P002 | Flanders | 1,610 m² | 1 · 154 m² | 21.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
19-03-2026 Board meeting · Officer resignation
- Publication: 19/03/2026 · WELCOME ASIA
- Filing: 11/03/2026 · WELCOME ASIA
- Board meeting: 31/12/2025 · WELCOME ASIA
- Officer resignation: role: dagelijks bestuurder, end_date: 2025-12-31 · YUAN'S
Technical details
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}24-03-2023 2 directors appointed, 1 resigning
- YUAN MEIJIN, Dagelijks bestuur
- KE JUANFANG, Bestuurder
- KE JUANFANG, Bestuurder
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}30-06-2022 HUANG BIJIN resigns as director
- HUANG BIJIN, Bestuurder
Technical details
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}06-09-2021 Incorporation of a new BV
Technical details
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}| Legal nameNL | WELCOME ASIA |