ZHUGE LI
ActiveThe computed 12-month bankruptcy probability of ZHUGE LI is 6.9% (elevated). The 2025 annual accounts show equity of €21k and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 13270 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-23
Solvency27▼-9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
6.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.39 against 0.39 in 2024; short-term debt: 48.2% and cash: 6.5% of total assets), and 97.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
2.2%
Return on assets
-1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
21 d early
2023
19 d late
2022
30 d late
2021
61 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 37.0%
2024 · €33k
2021: €35k
2022: €-17k
2023: €-20k
2024: €33k
2021 → 2025
Total assets
€942k▲ 199%
2024 · €315k
2021: €397k
2022: €280k
2023: €267k
2024: €315k
2021 → 2025
Net result
€-12k
2024 · €53k
2021: €15k
2022: €-53k
2023: €-2k
2024: €53k
2021 → 2025
Working capital
€-279k▼ 63.9%
2024 · €-170k
2021: €-220k
2022: €-228k
2023: €-188k
2024: €-170k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€-17k€-20k▼ 11.7%€33k€21k▼ 37.0%
Operating result€18k-€-51k€-833▲ 98.4%€56k€-2k
Net result€15k-€-53k€-2k▲ 96.1%€53k€-12k
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 €2k after €56k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €942k
Fixed assets
€767k▲ 273%
Current assets
€175k▲ 59.6%
Equity and liabilities €942k
Equity
€21k▼ 37.0%
Debt
€921k▲ 227%
The debt ratio rises from 89.4% to 97.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73k▼
2024 · €110k
Cash flow
€62k▼
2024 · €107k
Solvency
2.2%▼
2024 · 10.6%
Current ratio
0.39▼
2024 · 0.39
Quick ratio
0.37▲
2024 · 0.37
Debt / equity
43.71▲
2024 · 8.43
ROE
-58.7%▼
2024 · 158.4%
ROA
-1.3%▼
2024 · 16.8%
Interest coverage
7.12▼
2024 · 322.55
Debt
€921k▲
2024 · €282k
Debt ≤ 1 year
€454k▲
2024 · €280k
Debt > 1 year
€467k▲
2024 · €2k
Income taxes
€633▼
2024 · €3k
Staff costs
€125k▲
2024 · €67k
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€315k€942k▲
Fixed assets21/28€206k€767k▲
Intangible fixed assets21€112k€72k▼
Tangible fixed assets22/27€94k€695k▲
Land and buildings22-€508k
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€13k€9k▼
Other tangible fixed assets26€78k€176k▲
Current assets29/58€110k€175k▲
Stocks and contracts in progress3€6k€6k▼
Stocks30/36€6k€6k▼
Amounts receivable within one year40/41€22k€107k▲
Trade receivables40€22k€107k▲
Cash at bank and in hand54/58€81k€61k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€315k€942k▲
Equity10/15€33k€21k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€13k€1k▼
Amounts payable17/49€282k€921k▲
Amounts payable after more than one year17€2k€467k▲
Financial debts170/4€2k€467k▲
Amounts payable within one year42/48€280k€454k▲
Current portion of amounts payable after more than one year42€9k€55k▲
Trade debts44€41k€113k▲
Suppliers440/4€41k€113k▲
Taxes, remuneration and social security45€32k€58k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€23k€44k▲
Other amounts payable47/48€198k€228k▲
Accrued charges and deferred income492/3€5€5=
Income statement
Code20242025
Remuneration, social security and pensions62€67k€125k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€74k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€179k€202k▲
Operating profit (loss)9901€56k€-2k▼
Financial income75/76B€20€57▲
Recurring financial income75€20€57▲
Financial charges65/66B€341€10k▲
Recurring financial charges65€341€10k▲
Profit (loss) for the period before taxes9903€56k€-12k▼
Income taxes67/77€3k€633▼
Profit (loss) for the period9904€53k€-12k▼
Profit (loss) for the period to be appropriated9905€53k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€1k▼
Profit (loss) brought forward from the previous period14P€-40k€13k▲
The notes to these accounts (9 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €53k
Net result €53k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-53k ▼449%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, La Roche-en-Ardenne · 3 establishment units since 2020
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 du Pont 26980 La Roche-en-ArdenneGround area
273 m²
Building footprint
286 m²
2 parcels, Wallonia. Linked by address, not a title deed.
3 establishment units
LA CHINE
since 20202.308.294.449
Rue du Purnalet 1, 6980 La Roche-en-Ardenne
since 20262.391.194.609
Quai de l'Ourthe 1, 6980 La Roche-en-Ardenne
since 20262.391.194.708
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83031A0281/00E000 | Wallonia | 152 m² | 1 · 163 m² | - |
| 83031A0594/00E000 | Wallonia | 121 m² | 1 · 123 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
3 sitesLa-Roche-en-Ardenne2.308.294.449
La-Roche-en-Ardenne2.391.194.609
La-Roche-en-Ardenne2.391.194.708
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BE 0738.975.791
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,895 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:lcf.0032@hotmail.com
Phone:+32494333886
E-mail:jean-marc@jm-evrard.eu
Phone:0495530660