Financials
Financial year 2025
Cosco Shipping Lines (Belgium) from Antwerpen, company number BE0420304166, closed financial year 2025 with a result of € 543,813 after tax. For that financial year Cosco Shipping Lines (Belgium) recorded revenue of € 10 million and equity of € 698,339. Compared with financial year 2022, the result moved from € 403,577 to € 543,813. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 698,339
▲ 23% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 543,813
▲ 35% vs 2022
Profit after tax over the fiscal year.
€ 6.9 million
▲ 8% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 552,743 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
80.3
▼ 4.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 7.5 million
▲ 8% vs 2022
€ 93,100 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.
€ 84,418
▼ 47% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19.5 million
▼ 28% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4867 days on average.
€ 1.1 million
▲ 16% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2025 | Change 2022 → 2025 | |
|---|---|---|---|---|
| Revenue | € 9,259,048 | € 9,579,721 | € 9,957,769 | ▲ 4% |
| Profit after taxes | € 669,103 | € 403,577 | € 543,813 | ▲ 35% |
| Equity | € 1,926,025 | € 566,584 | € 698,339 | ▲ 23% |
| Total debts | € 18,167,585 | € 28,293,929 | € 20,663,247 | ▼ 27% |
| Cash | € 5,377,412 | € 6,417,205 | € 6,913,279 | ▲ 8% |
| Retained profit | € 1,801,025 | € 441,584 | € 573,339 | ▲ 30% |
| Dividend | € 800,000 | € 1,763,018 | € 552,743 | ▼ 69% |
| Balance sheet total | € 20,093,610 | € 28,860,513 | € 21,361,586 | ▼ 26% |
| Employees (FTE) | 79.3 | 85.1 | 80.3 | ▼ 4.8 |
Key figures of Cosco Shipping Lines (Belgium), fiscal years 2021 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 Cosco Shipping Lines (Belgium)?
What happened at Cosco Shipping Lines (Belgium) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Zaikun Tian stepped down as director. NBB
- Haxian Wang stepped down as director. NBB
- Hua Tian stepped down as director. NBB
- Lei Chen stepped down as director. NBB
- Faxiang Tan stepped down as director. NBB
- Zhengxi Lin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 543,813 (▲ 35% vs 2022). Source: NBB ↗
- Zhengxi Lin became a director. NBB
In short
From € 669,103 profit in 2021 to € 543,813 profit in 2025.
Paid € 773,924 in corporate taxes since 2021.
Best year ever: 2021, with € 669,103 profit.
Paid out € 3.1 million in dividends to the owners in total.
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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%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 1% of COSCO RUSSIA LTD and 0% of Newman Shipping & Agency itself.
Directors
According to the 2025 annual accounts
Haxian Wang
Director
since 2024 · until 2028
Hua Tian
Director
since 2024 · until 2028
Zaikun Tian
Director
since 2024 · until 2028
since 2025 · until 2028
since 2024 · until 2028
Zhengxi Lin
Director
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Madrasstraat 70 box 3.01
2000 Antwerpen
Leopold II-dam zn box 103
8380 Brugge
Active since 23 January 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.304.166
- VAT number
- BE 0420.304.166
- Registered office
- Madrasstraat 70 bus 3.01, 2000 Antwerpen
- Names & denominations
- Cosco Shipping Lines (Belgium)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1980
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected]
- Activities · NACE
Logistieke diensten
Scheepsagenturen
Overige vervoerondersteunende activiteiten