What does ENTREPRISES ET CHEMINS DE FER EN CHINE do?

ENTREPRISES ET CHEMINS DE FER EN CHINE is a property company in Brussel. Public Limited, started on 2 March 1922, 1 establishment.

What is the address of ENTREPRISES ET CHEMINS DE FER EN CHINE?

The registered office of ENTREPRISES ET CHEMINS DE FER EN CHINE is located at Wildewoudstraat 17, 1000 Brussel.

Is ENTREPRISES ET CHEMINS DE FER EN CHINE still active?

Yes. According to the CBE (28 September 2026) ENTREPRISES ET CHEMINS DE FER EN CHINE is active, legal situation “Normale toestand”, started on 2 March 1922.

Is ENTREPRISES ET CHEMINS DE FER EN CHINE registered on Peppol?

Yes, ENTREPRISES ET CHEMINS DE FER EN CHINE is registered on the Peppol network with ID 0208:0403207521.

What is the enterprise number of ENTREPRISES ET CHEMINS DE FER EN CHINE?

The enterprise number of ENTREPRISES ET CHEMINS DE FER EN CHINE is BE0403207521.

When was ENTREPRISES ET CHEMINS DE FER EN CHINE founded?

ENTREPRISES ET CHEMINS DE FER EN CHINE was founded on 2 March 1922.

Who are the directors of ENTREPRISES ET CHEMINS DE FER EN CHINE?

According to the 2025 annual accounts, the directors of ENTREPRISES ET CHEMINS DE FER EN CHINE are: Valérie Paquot, Béatrice Neven, Ecostake SA, PAH Management SRL, Pierre-Alexis Hocke, Renaud Festraets, Blacercel SA.

Is ENTREPRISES ET CHEMINS DE FER EN CHINE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 March 1922; 5 annual accounts filed, latest fiscal year 2025; 7 directors known from the annual account.

How much profit did ENTREPRISES ET CHEMINS DE FER EN CHINE make in 2025?

ENTREPRISES ET CHEMINS DE FER EN CHINE posted a profit after taxes of € 10,406,761 in financial year 2025.

What is the revenue of ENTREPRISES ET CHEMINS DE FER EN CHINE?

In its most recent annual accounts (2025), ENTREPRISES ET CHEMINS DE FER EN CHINE reported revenue of € 53,238.

How much does an employee at ENTREPRISES ET CHEMINS DE FER EN CHINE earn?

The average wage cost per full-time employee at ENTREPRISES ET CHEMINS DE FER EN CHINE was € 192,500 in 2025: staff costs of € 192,526 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ENTREPRISES ET CHEMINS DE FER EN CHINE have?

According to the 2025 annual accounts, ENTREPRISES ET CHEMINS DE FER EN CHINE has 1 full-time equivalents (FTE).

ENTREPRISES ET CHEMINS DE FER EN CHINE (Public Limited)

Dossier ENTREPRISES ET CHEMINS DE FER EN CHINE, printed on 28 September 2026 from databakkes.be/en/0403207521/entreprises-et-chemins-de-fer-en-chine. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ENTREPRISES ET CHEMINS DE FER EN CHINE from Brussel, company number BE0403207521, closed financial year 2025 with a result of € 10.4 million after tax. For that financial year ENTREPRISES ET CHEMINS DE FER EN CHINE recorded revenue of € 53,238 and equity of € 146.7 million. Compared with financial year 2024, the result moved from € -2.1 million to € 10.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.

What it is worth Growing

€ 146.7 million

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 10.4 million

▲ still € 2.1 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3 million

▼ 9% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 4.3 million paid out

41 % of the profit went to the shareholders, mostly to FINGAREN (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 302,556 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 192,526

▲ 2% vs 2024

€ 192,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 13.2 million

▼ 41% vs 2024

€ 7.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 27,278

▼ 26% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.

Taxes and wages

€ 28,295

▼ 31% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 2,675 Revenue 2022: € 2,675 First fiscal year in the series	€ 4,008 Revenue 2023: € 4,008 ▲ 50% vs 2022 (€ 2,675) Favourable step	€ 315 Revenue 2024: € 315 ▼ 92% vs 2023 (€ 4,008) Unfavourable step	€ 53,238 Revenue 2025: € 53,238 ▲ € 52,923 vs 2024 (€ 315) Favourable step	▲ € 52,923
Profit after taxes	€ 10,913,945 Profit after taxes 2022: € 10,913,945 First fiscal year in the series	€ 7,396,045 Profit after taxes 2023: € 7,396,045 ▼ 32% vs 2022 (€ 10,913,945) Unfavourable step	€ -2,144,597 Profit after taxes 2024: € -2,144,597 ▼ € 9.5 million vs 2023 (€ 7,396,045) Unfavourable step	€ 10,406,761 Profit after taxes 2025: € 10,406,761 ▲ € 12.6 million vs 2024 (€ -2,144,597) Favourable step	▲ € 12.6 million
Equity	€ 147,764,762 Equity 2022: € 147,764,762 First fiscal year in the series	€ 146,673,207 Equity 2023: € 146,673,207 ▼ 1% vs 2022 (€ 147,764,762) Unfavourable step	€ 140,610,610 Equity 2024: € 140,610,610 ▼ 4% vs 2023 (€ 146,673,207) Unfavourable step	€ 146,718,571 Equity 2025: € 146,718,571 ▲ 4% vs 2024 (€ 140,610,610) Favourable step	▲ 4%
Total debts	€ 31,163,558 Total debts 2022: € 31,163,558 First fiscal year in the series	€ 35,603,470 Total debts 2023: € 35,603,470 ▲ 14% vs 2022 (€ 31,163,558) Unfavourable step	€ 29,699,994 Total debts 2024: € 29,699,994 ▼ 17% vs 2023 (€ 35,603,470) Favourable step	€ 20,574,430 Total debts 2025: € 20,574,430 ▼ 31% vs 2024 (€ 29,699,994) Favourable step	▼ 31%
Cash	€ 4,315,730 Cash 2022: € 4,315,730 First fiscal year in the series	€ 2,900,969 Cash 2023: € 2,900,969 ▼ 33% vs 2022 (€ 4,315,730) Unfavourable step	€ 3,261,864 Cash 2024: € 3,261,864 ▲ 12% vs 2023 (€ 2,900,969) Favourable step	€ 2,952,089 Cash 2025: € 2,952,089 ▼ 9% vs 2024 (€ 3,261,864) Unfavourable step	▼ 9%
Land & buildings	€ 37,721 Land & buildings 2022: € 37,721 First fiscal year in the series	€ 34,991 Land & buildings 2023: € 34,991 ▼ 7% vs 2022 (€ 37,721) Unchanged	€ 32,262 Land & buildings 2024: € 32,262 ▼ 8% vs 2023 (€ 34,991) Unchanged	€ 12,038 Land & buildings 2025: € 12,038 ▼ 63% vs 2024 (€ 32,262) Unchanged	▼ 63%
Retained profit	€ 145,762,665 Retained profit 2022: € 145,762,665 First fiscal year in the series	€ 144,671,110 Retained profit 2023: € 144,671,110 ▼ 1% vs 2022 (€ 145,762,665) Unfavourable step	€ 138,608,512 Retained profit 2024: € 138,608,512 ▼ 4% vs 2023 (€ 144,671,110) Unfavourable step	€ 144,716,473 Retained profit 2025: € 144,716,473 ▲ 4% vs 2024 (€ 138,608,512) Favourable step	▲ 4%
Dividend	€ 2,737,520 Dividend 2022: € 2,737,520 First fiscal year in the series	€ 8,487,600 Dividend 2023: € 8,487,600 ▲ 210% vs 2022 (€ 2,737,520) Unchanged	€ 3,918,000 Dividend 2024: € 3,918,000 ▼ 54% vs 2023 (€ 8,487,600) Unchanged	€ 4,298,800 Dividend 2025: € 4,298,800 ▲ 10% vs 2024 (€ 3,918,000) Unchanged	▲ 10%
Bank debt	€ 24,600,000 Bank debt 2022: € 24,600,000 First fiscal year in the series	€ 23,450,000 Bank debt 2023: € 23,450,000 ▼ 5% vs 2022 (€ 24,600,000) Favourable step	€ 22,300,000 Bank debt 2024: € 22,300,000 ▼ 5% vs 2023 (€ 23,450,000) Favourable step	€ 13,150,000 Bank debt 2025: € 13,150,000 ▼ 41% vs 2024 (€ 22,300,000) Favourable step	▼ 41%
Balance sheet total	€ 178,928,320 Balance sheet total 2022: € 178,928,320 First fiscal year in the series	€ 182,276,676 Balance sheet total 2023: € 182,276,676 ▲ 2% vs 2022 (€ 178,928,320) Unchanged	€ 170,310,603 Balance sheet total 2024: € 170,310,603 ▼ 7% vs 2023 (€ 182,276,676) Unchanged	€ 167,293,000 Balance sheet total 2025: € 167,293,000 ▼ 2% vs 2024 (€ 170,310,603) Unchanged	▼ 2%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of ENTREPRISES ET CHEMINS DE FER EN CHINE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ENTREPRISES ET CHEMINS DE FER EN CHINE?

What happened at ENTREPRISES ET CHEMINS DE FER EN CHINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Valérie Paquot stepped down as director. NBB
2031 Béatrice Neven stepped down as director. NBB
2028 PAH Management SRL stepped down as director. NBB
2028 Blacercel SA stepped down as director. NBB
May 20, 2026 New annual accounts for financial year 2025: profit of € 10.4 million. Source: NBB ↗
2026 Pierre-Alexis Hocke stepped down as director. NBB
2026 Renaud Festraets stepped down as director. NBB
2025 Valérie Paquot became a director. NBB

In short

From € 10.9 million profit in 2022 to € 10.4 million profit in 2025.

Paid € 263,697 in corporate taxes since 2022.

Best year ever: 2022, with € 10.9 million profit.

Paid out € 19.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at ENTREPRISES ET CHEMINS DE FER EN CHINE? We notify you, reason included.

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De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

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