XU
ActiveThe computed 12-month bankruptcy probability of XU is 1.8% (moderate). The 2025 annual accounts show equity of €140k and a net result of €-24k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 56% of 13009 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-25
Solvency64▼-20
Growth52=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.44 in 2024), and 62.8% 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.
−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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
26 d late
2023
26 d late
2022
33 d early
2021
2 d early
2020
30 d late
2019
31 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€140k▼ 14.6%
2024 · €164k
2018: €26k
2019: €68k
2020: €133k
2021: €93k
2022: €56k
2023: €156k
2024: €164k
2018 → 2025
Total assets
€377k▲ 19.9%
2024 · €314k
2018: €315k
2019: €334k
2020: €271k
2021: €310k
2022: €240k
2023: €342k
2024: €314k
2018 → 2025
Net result
€-24k
2024 · €8k
2018: €27k
2019: €42k
2020: €64k
2021: €-39k
2022: €-37k
2023: €100k
2024: €8k
2018 → 2025
Working capital
€55k▲ 11.9%
2024 · €50k
2018: €-176k
2019: €-135k
2020: €-51k
2021: €-79k
2022: €-82k
2023: €48k
2024: €50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€56k▼ 39.6%€156k▲ 177%€164k▲ 5.3%€140k▼ 14.6%
Operating result€-31k-€-19k▲ 39.5%€151k€31k▼ 79.3%€-5k
Net result€-39k-€-37k▲ 5.4%€100k€8k▼ 91.8%€-24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €31k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€110k▼ 27.4%
Current assets
€267k▲ 64.4%
Equity and liabilities €377k
Equity
€140k▼ 14.6%
Debt
€237k▲ 57.7%
The debt ratio rises from 47.7% to 62.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€46k▼
2024 · €80k
Cash flow
€27k▼
2024 · €57k
Solvency
37.2%▼
2024 · 52.3%
Current ratio
1.26▼
2024 · 1.44
Quick ratio
1.21▼
2024 · 1.36
Debt / equity
1.69▲
2024 · 0.91
ROE
-17.1%▼
2024 · 5.0%
ROA
-6.4%▼
2024 · 2.6%
Interest coverage
2.42▼
2024 · 3.92
Debt
€237k▲
2024 · €150k
Debt ≤ 1 year
€211k▲
2024 · €113k
Debt > 1 year
€26k▼
2024 · €37k
Income taxes
€981▼
2024 · €3k
Staff costs
€294k▲
2024 · €201k
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€314k€377k▲
Fixed assets21/28€152k€110k▼
Tangible fixed assets22/27€152k€110k▼
Land and buildings22€20k€24k▲
Plant, machinery and equipment23€104k€72k▼
Furniture and vehicles24€27k€14k▼
Financial fixed assets28€500€500=
Current assets29/58€162k€267k▲
Stocks and contracts in progress3€9k€12k▲
Stocks30/36€9k€12k▲
Amounts receivable within one year40/41€51k€106k▲
Trade receivables40€3k€43k▲
Other amounts receivable41€48k€63k▲
Cash at bank and in hand54/58€81k€133k▲
Deferred charges and accrued income490/1€21k€16k▼
Equity and liabilities
Total equity and liabilities10/49€314k€377k▲
Equity10/15€164k€140k▼
Contributions10/11€8k€8k=
Reserves13€45k€45k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€111k€87k▼
Amounts payable17/49€150k€237k▲
Amounts payable after more than one year17€37k€26k▼
Financial debts170/4€37k€26k▼
Amounts payable within one year42/48€113k€211k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€46k€90k▲
Suppliers440/4€46k€90k▲
Taxes, remuneration and social security45€45k€99k▲
Taxes450/3€34k€36k▲
Remuneration and social security454/9€12k€63k▲
Other amounts payable47/48€174€174=
Accrued charges and deferred income492/3€328-
Income statement
Code20242025
Remuneration, social security and pensions62€201k€294k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€51k▲
Other operating charges640/8€735€1k▲
Non-recurring operating charges66A€14k€16k▲
Gross operating margin9900€295k€357k▲
Operating profit (loss)9901€31k€-5k▼
Financial income75/76B€427€1k▲
Recurring financial income75€427€1k▲
Financial charges65/66B€20k€19k▼
Recurring financial charges65€20k€19k▼
Profit (loss) for the period before taxes9903€11k€-23k▼
Income taxes67/77€3k€981▼
Profit (loss) for the period9904€8k€-24k▼
Profit (loss) for the period to be appropriated9905€8k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€111k€87k▼
Profit (loss) brought forward from the previous period14P€103k€111k▲
The notes to these accounts (8 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €100k
Net result €100k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.26
Current ratio from 0.53 to 1.26.
31-12
Financial
Equity above €150kEq €156k ▲177%
Equity rises from €56k to €156k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-39k ▼161%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100kEq €133k ▲94.8%
3 profitable years in a row build equity to €133k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-01-2024
XU Wenguang: Resigned as Manager
01-11-2018
YIN Zhiran: Resigned as Manager
30-06-2018
CHEN Linlin: Resigned as Manager
18-06-2014
XU Tingting: Resigned as Managing director
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2015
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.
Route de Philippeville 2566010 CharleroiGround area
724 m²
Building footprint
172 m²
Volume, LiDAR
1,392 m³
Parcel 52014B0067/00L009, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Do Eat
since 20152.241.368.112
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52014B0067/00L009 | Wallonia | 724 m² | 1 · 172 m² | 10.9 m · 3 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.
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 9,049 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2013
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.