XING LONG
ActiveSummary
The computed 12-month bankruptcy probability of XING LONG is 7.3% (elevated). For XING LONG, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €17k and a net result of €-8k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 16698 sector peers (fiscal year 2022). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability6▼-60
Solvency47▼-16
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check 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
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 2022Solvency, return and age of the figures
Solvency
22.4%
Return on assets
-10%
Age of the figures
45 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-10-2023, 64 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
64 d late
2021
10 d early
2020
5 d early
2018
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€17k▼ 30.9%
2021 · €25k
2018: €24k
2020: €26khighest value
2021: €25k▼ -5.0% vs 2020
2022: €17k▼ -30.9% vs 2021lowest value
2018 → 2022
Total assets
€77k▲ 17.9%
2021 · €65k
2018: €35klowest value
2020: €60k
2021: €65k▲ +9.2% vs 2020
2022: €77k▲ +17.9% vs 2021highest value
2018 → 2022
Net result
€-8k▼ 489%
2021 · €-1k
2018: €-16klowest value
2020: €18khighest value
2021: €-1k▼ -107% vs 2020
2022: €-8k▼ -489% vs 2021
2018 → 2022
Working capital
€14k▼ 32.3%
2021 · €20k
2018: €21k
2020: €21khighest value
2021: €20k▼ -5.5% vs 2020
2022: €14k▼ -32.3% vs 2021lowest value
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018202020212022Trend
Equity€24k-€26k▲ 9.1%€25k▼ 5.0%€17k▼ 30.9%
2018: €24k
2020: €26khighest value
2021: €25k▼ -5.0% vs 2020
2022: €17k▼ -30.9% vs 2021lowest value
Operating result€-13k-€19k€-1k€-6k▼ 449%
2018: €-13klowest value
2020: €19khighest value
2021: €-1k▼ -106% vs 2020
2022: €-6k▼ -449% vs 2021
Net result€-16k-€18k€-1k€-8k▼ 489%
2018: €-16klowest value
2020: €18khighest value
2021: €-1k▼ -107% vs 2020
2022: €-8k▼ -489% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2022 against €1k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €77k
Fixed assets
€4k ▼ 43.2%
Current assets
€73k ▲ 24.5%
Equity and liabilities €77k
Equity
€17k ▼ 30.9%
Debt
€60k ▲ 48.2%
Debt's share of the balance-sheet total rises from 61.7% to 77.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2021 · €2k
Cash flow
€-5k▼
2021 · €2k
Current ratio
1.23▼
2021 · 1.52
Quick ratio
1.10▼
2021 · 1.37
Debt to equity
3.45▲
2021 · 1.61
ROE
-44.6%▼
2021 · -5.2%
ROA
-10.0%▼
2021 · -2.0%
Interest coverage
-3.05▼
2021 · 17.22
Debt ≤ 1 year
€60k▲
2021 · €39k
Staff costs
€33k▲
2021 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 50 lines
Balance sheet
Code20212022
Assets
Total assets20/58€65k€77k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Financial fixed assets28€170€170=
Current assets29/58€59k€73k▲
Stocks and contracts in progress3€6k€8k▲
Stocks30/36€6k€8k▲
Amounts receivable within one year40/41€10k€28k▲
Trade receivables40€116€23k▲
Other amounts receivable41€10k€5k▼
Cash at bank and in hand54/58€43k€37k▼
Deferred charges and accrued income490/1-€478
Equity and liabilities
Total equity and liabilities10/49€65k€77k▲
Equity10/15€25k€17k▼
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€27k€27k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-8k€-16k▼
Amounts payable17/49€40k€60k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€39k€60k▲
Current portion of amounts payable after more than one year42€3k€2k▼
Trade debts44-€18k
Suppliers440/4-€18k
Taxes, remuneration and social security45€19k€29k▲
Taxes450/3€2k€2k=
Remuneration and social security454/9€17k€27k▲
Other amounts payable47/48€16k€10k▼
Income statement
Code20212022
Remuneration, social security and pensions62€13k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€683€7k▲
Gross operating margin9900€16k€35k▲
Operating profit (loss)9901€-1k€-6k▼
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€129€1k▲
Recurring financial charges65€129€1k▲
Profit (loss) for the period before taxes9903€-1k€-8k▼
Profit (loss) for the period9904€-1k€-8k▼
Profit (loss) for the period to be appropriated9905€-1k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-16k▼
Profit (loss) brought forward from the previous period14P€-7k€-8k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €13k | €33k | ▲ 145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €3k | €3k | ▼ 20.0% |
| Other operating charges640/8 | - | - | €683 | €7k | ▲ 852% |
| Gross operating margin9900 | €867 | €35k | €16k | €35k | ▲ 118% |
| Operating profit (loss)9901 | €-13k | €19k | €-1k | €-6k | ▼ 449% |
| Financial income75/76B | - | - | €1 | €1 | ▼ 13.0% |
| Recurring financial income75 | - | - | €1 | €1 | ▼ 13.0% |
| Financial charges65/66B | - | - | €129 | €1k | ▲ 851% |
| Recurring financial charges65 | €378 | €685 | €129 | €1k | ▲ 851% |
| Profit (loss) for the period before taxes9903 | €-13k | €18k | €-1k | €-8k | ▼ 489% |
| Income taxes67/77 | €3k | - | - | - | - |
| Profit (loss) for the period9904 | €-16k | €18k | €-1k | €-8k | ▼ 489% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €18k | €-1k | €-8k | ▼ 489% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €35k | €60k | €65k | €77k | ▲ 17.9% |
| Fixed assets21/28 | €3k | €10k | €6k | €4k | ▼ 43.2% |
| Tangible fixed assets22/27 | €3k | €10k | €6k | €3k | ▼ 44.4% |
| Furniture and vehicles24 | - | - | €6k | €3k | ▼ 44.4% |
| Financial fixed assets28 | €170 | €170 | €170 | €170 | = |
| Current assets29/58 | €32k | €50k | €59k | €73k | ▲ 24.5% |
| Stocks and contracts in progress3 | €3k | €3k | €6k | €8k | ▲ 33.3% |
| Stocks30/36 | - | - | €6k | €8k | ▲ 33.3% |
| Amounts receivable within one year40/41 | €22k | €13k | €10k | €28k | ▲ 189% |
| Trade receivables40 | - | - | €116 | €23k | ▲ 19,455% |
| Other amounts receivable41 | - | - | €10k | €5k | ▼ 44.1% |
| Cash at bank and in hand54/58 | €7k | €34k | €43k | €37k | ▼ 14.8% |
| Deferred charges and accrued income490/1 | - | - | - | €478 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €35k | €60k | €65k | €77k | ▲ 17.9% |
| Equity10/15 | €24k | €26k | €25k | €17k | ▼ 30.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | = |
| Capital10 | - | - | €6k | - | - |
| Issued capital100 | - | - | €19k | - | - |
| Uncalled capital101 | - | - | €12k | - | - |
| Reserves13 | €27k | €27k | €27k | €27k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | = |
| Legal reserve130 | - | - | €2k | - | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - |
| Distributable reserves133 | - | - | €25k | €25k | = |
| Profit (loss) carried forward14 | €-9k | €-7k | €-8k | €-16k | ▼ 94.5% |
| Amounts payable17/49 | €11k | €33k | €40k | €60k | ▲ 48.2% |
| Amounts payable after more than one year17 | - | €5k | €2k | - | - |
| Financial debts170/4 | - | - | €2k | - | - |
| Amounts payable within one year42/48 | €11k | €29k | €39k | €60k | ▲ 54.2% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €2k | ▼ 42.1% |
| Trade debts44 | €9k | - | - | €18k | - |
| Suppliers440/4 | - | - | - | €18k | - |
| Taxes, remuneration and social security45 | - | - | €19k | €29k | ▲ 51.1% |
| Taxes450/3 | - | - | €2k | €2k | = |
| Remuneration and social security454/9 | - | - | €17k | €27k | ▲ 57.1% |
| Other amounts payable47/48 | - | - | €16k | €10k | ▼ 36.7% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €18k | €-1k | €-8k | ▼ 489% |
| + Depreciation and write-downs630 | €2k | €4k | €3k | €3k | ▼ 20.0% |
| Operating cash flow (approximation) | €-14k | €23k | €2k | €-5k | ▼ 338% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | - | €9k | €-6k | ▼ 170% |
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
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Ukkel · 1 establishment unit since 2015
Ground area
5,625 m²
Building footprint
1,758 m²
Volume, LiDAR
51,562 m³
Parcel 21616A0195/00P014, Brussels · tallest building 35.9 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
Mr. Wei
since 20152.242.847.262
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0195/00P014 | Brussels | 5,625 m² | 1 · 1,758 m² | 35.9 m · 11 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.
Similar companies · same sector, comparable size
Friterie de la Frontière
BE 1006.430.824
Brunehaut · Eq €17,250
VANHENECO
BE 0455.392.729
Izegem · Eq €17,240
GAMC SERVICES
BE 0803.787.629
Tongeren-Borgloon · Eq €17,231
SHANTIJN
BE 0567.998.742
Ichtegem · Eq €17,262
TERCERA
BE 0662.702.614
Heist-op-den-Berg · Eq €17,219
Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,888 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 (pre-2019)
Founded17-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.