Equity
€659,772 ▼ 3.4%
XIN SEN paid out €71,436 in dividends. That is 148% of the 2025 profit.
XIN SEN
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2001peak €544,572 (2024)
€351,748▼ 35.4%
lowest -€5,727 (2009)
€48,279▼ 69.6%
peak €682,929 (2024)
€659,772▼ 3.4%
€172,939▲ 3.9%
peak 6.6 FTE (2024)
6.3 FTE▼ 4.5%
Board2 names since 2003
2 directorsCHEN Daling and 1 other
Documentsfilings and deeds
17-06-202644 days before the deadline
2025abbreviated format
Gross margin from €544,572 to €351,748Result from €158,623 to €48,279Resignation: CHEN Daling (director) 23-04Dividend €71,4361 establishment registeredInvestments €316,737
Key points
from the 2025 annual accountsResult
€48,279 ▼ 69.6%
The result fell in 2025 from €158,623 to €48,279.
Turnover
≈ €820,000 estimated
The accounts state no turnover.
Investments
€316,737 4.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 378.7% higher than in 2024.
Staff
11 employees on 31-12-2025
In 2025, 86 people joined and 86 left.
Position in the sector
€659,772
More equity than 90% of companies in food and beverage service. Sector median €79,158 · 4,823 companies.
Checked score
88
Excellent
Financially stronger than 62% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 2000
Equity €659,772 (79.2% of total assets)
Profit of €48,279 (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 60% on liquidity, 59% on profitability and 36% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as XIN SEN has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of XIN SEN itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for XIN SEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.27 (5.66 in 2024), above the usual 1.5. Short-term debt is 13.8% and cash 6.8% of total assets. 20.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 days early
2024
35 days early
2023
1 day early
2022
53 days early
2021
6 days late
2020
17 days late
2019
98 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: Mato Automaat BV (director)
Permanent representative: Chen Peng · General meeting of 01-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472229850
New establishment in Diksmuide
Ijzerlaan 13
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen of verwijderen van een publiciteitsinrichting, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Torhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| XIN SEN Torhout | €832,711 | €351,748 | 79.2% | 6.3 |
| BALLADEHOF Zwevegem | €906,631 | €327,117 | 83.3% | 5.9 |
| BRUNIS Koksijde | €990,576 | €383,577 | 46.5% | 6 |
| Bascule 1730 Asse | €737,107 | €387,488 | 14.5% | 6.5 |
| COLOSSEO Oudenaarde | €949,949 | €400,459 | 4.8% | 6.8 |
| CARECOLE Koksijde | €842,532 | €375,887 | 32.5% | 5.3 |
| FT INVEST Koksijde | €779,892 | €487,755 | 80.6% | 6.2 |
These companies have the same main activity as XIN SEN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €737,000 and €991,000, founded between 1996 and 2004.
Official details
Source: KBO- Status
- Active since 29-06-2000Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2024
- Establishment units
- 2.132.001.0088820 Torhout, since 03-06-2003
- 2.375.573.9468600 Diksmuide, since 01-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 22-11-2025
Annual accounts 2025
- €832,711▼ 2.0%
- Employeeson 31-12-2025
- 11▼ 26.7%
- Filing
- Filed on 17-06-2026, 44 days before the end of the filing period
Insights on XIN SEN
XIN SEN files the abbreviated format. That format states no turnover. The gross margin rose from €32,018 in 2007 to €351,748 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about XIN SEN
- What is the company number of XIN SEN?
- The company number of XIN SEN is 0472.229.850. The VAT number is the same number with BE in front: BE 0472.229.850.
- Where is XIN SEN based?
- The registered office is at Roeselaarseweg 69, 8820 Torhout.Company details
- What does XIN SEN do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of XIN SEN?
- XIN SEN is a private limited company (BV).
- When was XIN SEN founded?
- XIN SEN was founded on 29-06-2000.
- Is XIN SEN still active?
- Yes, XIN SEN is an active enterprise in the KBO register.
- How many employees does XIN SEN have?
- XIN SEN had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does XIN SEN fall under?
- In its 2024 annual accounts, XIN SEN states joint committee 302 (Hotels and catering).
- What is the turnover of XIN SEN?
- The turnover in financial year 2025 is ≈ €820,000. This figure is estimated from the gross margin of €351,748 and 42 comparable companies (NACE 56111). It probably lies between €770,000 and €1.1m.
- Is XIN SEN profitable?
- In financial year 2025, XIN SEN made a profit of €48,279.
- Where can I find the annual accounts of XIN SEN?
- XIN SEN filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of XIN SEN due?
- XIN SEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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