Xinghuo
The computed 12-month bankruptcy probability of Xinghuo is 3.7% (moderate). The 2024 annual accounts show equity of €70k and a net result of €2k. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 5608 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €70k |
| Net result | €2k |
| Staff (FTE) | 3.3 |
| Better than sector | 95% |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
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 | 92.8% | 19.3% | |
| Net result | €2k | €4k | |
| Equity | €70k | €14k | |
| Gross operating margin | €80k | €52k | |
| Staff costs | €38k | €49k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €10k |
| Net profit | €2k |
| Cash flow | €9k |
| Staff costs | €38k |
| Income taxes | - |
| Dividends | - |
| Total assets | €75k |
| Equity | €70k |
| Debt | €5k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | €42k |
| Employees (FTE) | 3.3 |
| 2024 | |
|---|---|
| Current ratio | 8.91 |
| Quick ratio | 8.77 |
| Working capital ratio | 56.6% |
| Solvency | 92.8% |
| Debt / equity | 0.08 |
| Long-term debt ratio | - |
| Interest coverage | 21.63 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.8% |
| ROE | 3.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €75k |
| Fixed assets | 21/28 | €27k |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €14k |
| Tangible fixed assets | 22/27 | €13k |
| Financial fixed assets | 28 | €300 |
| Current assets | 29/58 | €48k |
| Stocks & contracts in progress | 3 | €747 |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €33k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €75k |
| Equity | 10/15 | €70k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €62k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €5k |
| Amounts payable within one year | 42/48 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €80k |
| Operating result | 9901 | €2k |
| Financial income | 75 | €86 |
| Financial charges | 65 | €444 |
| Result before taxes | 9903 | €2k |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
Former directors (1)
-
Former- → 13-08-2021
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 03-09-2020 |
| Status | Active |
| Postal code | 2800 |
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. |
|---|---|---|---|---|
| 12403D0077/00D002 | Flanders | 226 m² | 1 · 206 m² | 20.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-10-2025 Registered office moved within Mechelen
- Hoogstraat 57, 2800 Mechelen → Koning Albertplein 12-12A, 2800 Mechelen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Mechelen",
"region": null,
"street": "Koning Albertplein",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "12-12A"
},
"old_address": {
"city": "Mechelen",
"region": null,
"street": "Hoogstraat",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "57"
},
"effective_date": "2025-10-20",
"evidence_quote": "De buitengewone algemene vergadering van de 15/10/2025 beslist om de verplaatsing van de maatschappelijke zetel van 20/10/2025 over te bregen naar de nieuwe zetel: Koning Albertplein, 12-12A te 2800 Mechelen."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0753.668.620",
"name_full": "XINGHUO",
"legal_form": "BV"
}
}19-10-2023 Registered office moved from Lebbeke to Mechelen
- Kouterbaan 17, 9280 Lebbeke → Hoogstraat 57, 2800 Mechelen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Mechelen",
"region": null,
"street": "Hoogstraat",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "57"
},
"old_address": {
"city": "Lebbeke",
"region": null,
"street": "Kouterbaan",
"country": "BE",
"postcode": "9280",
"box_number": null,
"street_number": "17"
},
"effective_date": "2023-03-31",
"evidence_quote": "de wijziging van maatschappelijke zetel van Kouterbaan 17, 9280 Lebbeke naar Hoogstraat 57, 2800 Mechelen, en dit op 31/3/2023."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0753.668.620",
"name_full": "XINGHUO",
"legal_form": "BV"
}
}02-09-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 40,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2022-02-08",
"evidence_quote": "de heer MA ZEGAO draagt 40 aandelen over aan mevrouw WONG CHING MAN. en 20 aandelen aan de mevrouw FEIKEN KWAN WUI WAN.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0753.668.620",
"name_full": "XINGHUO",
"legal_form": "BV"
}
}13-08-2021 LI JIE resigns as director
- LI JIE, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "LI JIE",
"address": null,
"birth_date": null
},
"evidence_quote": "het ontslag als bestuurder van de heer LI JIE. Er wordt hem kwijting verleend voor zijn mandaat",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0753.668.620",
"name_full": "XINGHUO",
"legal_form": "BV"
}
}07-09-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9280 Lebbeke, Kouterbaan 17",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1989-04-12",
"name": "MA Zegao",
"niss": null,
"address": "9280 Lebbeke, Kouterbaan 17"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "MA Zegao",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1995-06-30",
"name": "LI Jie",
"niss": null,
"address": "2060 Antwerpen, Brugstraat 10 \u2013 2101"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "LI Jie",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0753.668.620",
"name_full": "XINGHUO",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-09-01",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Xinghuo |