YANG FU

Active

Private limited companyfounded 20178 yrs activeRue de Barisart 47-49, 4900 Spa, BelgiumKBO/BCE: BE 0685.663.306

The computed 12-month bankruptcy probability of YANG FU is 2.9% (moderate). The 2024 annual accounts show equity of €16k and a net result of €-4k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 18940 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability5▼-61

Solvency69▲+12

Growth78=

Track record100

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 1.57 against 1.38 in 2023; short-term debt: 56.4% and cash: 70.8% of total assets), but 56.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

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 2024

Solvency, return and age of the figures

Solvency

43.6%

Return on assets

-11.4%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

20 d early

2023

2 d late

2022

13 d early

2021

4 d late

2020

23 d late

2019

13 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€16k▼ 20.7%

2023 · €20k

2018: €12k 2019: €14k 2020: €20k 2021: €36k 2022: €17k 2023: €20k

2018 → 2024

Total assets

€36k▼ 41.7%

2023 · €61k

2018: €60k 2019: €68k 2020: €55k 2021: €57k 2022: €64k 2023: €61k

2018 → 2024

Net result

€-4k

2023 · €2k

2018: €-6k 2019: €2k 2020: €7k 2021: €15k 2022: €-19k 2023: €2k

2018 → 2024

Working capital

€12k▼ 26.7%

2023 · €16k

2018: €2k 2019: €1k 2020: €5k 2021: €25k 2022: €13k 2023: €16k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€20k-€36k▲ 75.4%€17k▼ 51.6%€20k▲ 13.5%€16k▼ 20.7%

Operating result€7k-€16k▲ 116%€-14k€3k€-3k

Net result€7k-€15k▲ 137%€-19k€2k€-4k

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 2024: a loss of €3k after €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €36k

11%

88.5%

Fixed assets €4k▲ 2.7%

Current assets €32k▼ 44.8%

Equity and liabilities €36k

43.6%

56.4%

Equity €16k▼ 20.7%

Debt €20k▼ 51.6%

The debt ratio falls from 68.0% to 56.4%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-1k▼

2023 · €5k

Cash flow

€-2k▼

2023 · €4k

Solvency

43.6%▲

2023 · 32.0%

Current ratio

1.57▲

2023 · 1.38

Quick ratio

1.39▲

2023 · 1.33

Debt / equity

1.30▼

2023 · 2.12

ROE

-26.1%▼

2023 · 11.9%

ROA

-11.4%▼

2023 · 3.8%

Interest coverage

-1.50▼

2023 · 5.10

Debt

€20k▼

2023 · €42k

Debt ≤ 1 year

€20k▼

2023 · €42k

Staff costs

€4k▲

2023 · €2k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€61k€36k▼

Fixed assets21/28€4k€4k▲

Tangible fixed assets22/27€4k€4k▲

Plant, machinery and equipment23€689€716▲

Furniture and vehicles24€3k€3k▲

Current assets29/58€57k€32k▼

Stocks and contracts in progress3€2k€4k▲

Stocks30/36€2k€4k▲

Amounts receivable within one year40/41€3k€3k▼

Other amounts receivable41€3k€3k▼

Cash at bank and in hand54/58€53k€25k▼

Deferred charges and accrued income490/1€74€249▲

Equity and liabilities

Total equity and liabilities10/49€61k€36k▼

Equity10/15€20k€16k▼

Contributions10/11€19k€20k▲

Reserves13€2k-

Distributable reserves133€2k-

Profit (loss) carried forward14€-761€-5k▼

Amounts payable17/49€42k€20k▼

Amounts payable within one year42/48€42k€20k▼

Trade debts44€7k€10k▲

Suppliers440/4€7k€10k▲

Taxes, remuneration and social security45€2k€2k▲

Taxes450/3€2k€2k▲

Other amounts payable47/48€33k€9k▼

Income statement Code20232024

Remuneration, social security and pensions62€2k€4k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲

Other operating charges640/8€3k€2k▼

Gross operating margin9900€10k€4k▼

Operating profit (loss)9901€3k€-3k▼

Financial charges65/66B€1k€731▼

Recurring financial charges65€1k€731▼

Profit (loss) for the period before taxes9903€2k€-4k▼

Profit (loss) for the period9904€2k€-4k▼

Profit (loss) for the period to be appropriated9905€2k€-4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-761€-5k▼

Profit (loss) brought forward from the previous period14P€-3k€-761▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

2025

11-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

02-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 2 days late

2023

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

18-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €-19k ▼220%

Net result drops to €-19k, the lowest in the series; recovery starts the following year.

04-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 4 days late

2021

31-12

Financial Highest result since 2018net €15k ▲137%

Operating result €16k, net result €15k, both a record.

23-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 23 days late

2020

13-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 13 days late

2019

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

28-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Spa · 1 establishment unit since 2017

establishment approximate The establishment unit on the map

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.

Rue de Barisart 47-494900 Spa

Ground area

107 m²

Building footprint

53 m²

Volume, LiDAR

509 m³

Parcel 63072G1065/00V002, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Les Perles de Shanghai

Rue de Barisart 47-49, 4900 SpaLimited-service restaurants

since 20172.270.528.488

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63072G1065/00V002	Wallonia	107 m²	1 · 53 m²	10.8 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Spa2.270.528.488

1 permission

Toelating · Eetgelegenheid · since 26-01-2018

Similar companies · same sector, comparable size

Sint-Niklaas · Eq €16k

P. & G.

BE 0860.650.118

Destelbergen · Eq €16k

Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,253 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-12-2017

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.