Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2024
Sun Wah Supermarket from Antwerpen, company number BE0425110022, closed financial year 2024 with a result of € -21,756 after tax. For that financial year Sun Wah Supermarket recorded a gross margin of € 1.2 million and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 317,958 to € -21,756. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ 1.3 million
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,756
▼ still € 317,958 profit in 2023
Profit after tax over the fiscal year.
€ 397,638
▼ 52% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2024
25.6
▲ 2.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 18% vs 2023
€ 39,800 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.
€ 147,451
▼ 18% vs 2023
Of which on lease € 34,986.
Debts at end 2024
€ 172,580
▼ 21% vs 2023
€ 148,283 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 401,379
▲ 6% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 319,767
▼ 24% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,277,620 | € 1,670,206 | € 1,428,867 | € 1,161,493 | ▼ 19% |
| Profit after taxes | € 110,754 | € 386,158 | € 317,958 | € -21,756 | ▼ € 339,715 |
| Equity | € 1,007,838 | € 1,243,996 | € 1,336,954 | € 1,315,198 | ▼ 2% |
| Total debts | € 962,634 | € 917,993 | € 1,171,630 | € 905,826 | ▼ 23% |
| Cash | € 610,669 | € 609,566 | € 835,276 | € 397,638 | ▼ 52% |
| Land & buildings | € 105,944 | € 118,875 | € 116,965 | € 139,392 | ▲ 19% |
| Retained profit | € 708,838 | € 944,996 | € 1,037,954 | € 1,016,198 | ▼ 2% |
| Dividend | € 0 | € 150,000 | € 225,000 | € 0 | ▼ 100% |
| Bank debt | € 187,000 | € 201,589 | € 218,542 | € 172,580 | ▼ 21% |
| Balance sheet total | € 1,970,472 | € 2,161,988 | € 2,508,584 | € 2,221,023 | ▼ 11% |
| Employees (FTE) | 28.5 | 25.2 | 22.7 | 25.6 | ▲ 2.9 |
Key figures of Sun Wah Supermarket, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Sun Wah Supermarket?
What happened at Sun Wah Supermarket in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Woei Ming Chan stepped down as director. NBB
- Hau Wo Wong stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 21,756 (▼ € 339,715 vs 2023). filed late Source: NBB ↗
- Youk-Ling Noëlle Chan became a director. NBB
- Suk Yee Chan became a director. NBB
- Woei Ming Chan became a director. NBB
- Hau Wo Wong became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 110,754 profit in 2021 to € 21,756 loss in 2024.
Paid € 310,443 in corporate taxes since 2021.
Best year ever: 2022, with € 386,158 profit.
On average € 45,400 of value added per employee in 2024.
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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
Behind Sun Wah Supermarket are Youk-Ling Noëlle Chan and Suk Yee Chan.
Directors
According to the 2024 annual accounts
Youk-Ling Noëlle Chan
Managing director
since 2022
Suk Yee Chan
Managing director
since 2022
Woei Ming Chan
Managing director
since 2022 · until 2028
Hau Wo Wong
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Van Wesenbekestraat 16-18
2060 Antwerpen
Van Wesenbekestraat 16 1
2060 Antwerpen
Active since 1 October 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0425.110.022
- VAT number
- BE 0425.110.022
- Registered office
- Van Wesenbekestraat 16-18, 2060 Antwerpen
- Names & denominations
- Sun Wah Supermarket
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1983
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Overige niet-gespecialiseerde detailhandel
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)