Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SINO BELGIAN FOOD CATERING COMPANY from Gent, company number BE0431770259, closed financial year 2025 with a result of € -11,366 after tax. For that financial year SINO BELGIAN FOOD CATERING COMPANY recorded a gross margin of € 30,267 and equity of € 203,128. Compared with financial year 2024, the result moved from € -26,947 to € -11,366. 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 May 4, 2026.
€ 203,128
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,366
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,811
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -399,253.
People and assets in 2025
€ 1,507
▼ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,887
▼ 20% vs 2024
€ 21,754 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 276
▲ 283% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,288
▲ € 6,930 vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 50,036 | € 18,638 | € 16,898 | € 30,267 | ▲ 79% |
| Profit after taxes | € -8,228 | € -20,120 | € -26,947 | € -11,366 | ▲ € 15,581 |
| Equity | € 280,052 | € 241,442 | € 214,495 | € 203,128 | ▼ 5% |
| Total debts | € 255,940 | € 248,503 | € 227,110 | € 203,040 | ▼ 11% |
| Cash | € 29,962 | € 22,158 | € 4,362 | € 4,811 | ▲ 10% |
| Land & buildings | € 456,107 | € 439,952 | € 419,420 | € 391,368 | ▼ 7% |
| Retained profit | € -322,330 | € -360,939 | € -387,887 | € -399,253 | ▼ € 11,366 |
| Bank debt | € 203,604 | € 154,586 | € 129,451 | € 103,887 | ▼ 20% |
| Balance sheet total | € 535,992 | € 489,945 | € 441,605 | € 406,168 | ▼ 8% |
Key figures of SINO BELGIAN FOOD CATERING COMPANY, 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 SINO BELGIAN FOOD CATERING COMPANY?
What happened at SINO BELGIAN FOOD CATERING COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,366. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,228 loss in 2021 to € 11,366 loss in 2025.
Paid € 4,036 in corporate taxes since 2021.
Management
Behind SINO BELGIAN FOOD CATERING COMPANY are Chung Yung Wang and Wen Ping Chiang.
Directors
According to the 2025 annual accounts
Chung Yung Wang
Managing director
Wen Ping Chiang
Director
Establishments
Establishment units
Physical locations of this company
Steenaardestraat 40
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.770.259
- VAT number
- BE 0431.770.259
- Registered office
- Steenaardestraat 40, 9051 Gent
- Names & denominations
- SINO BELGIAN FOOD CATERING COMPANY · SIBEFOCA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 1987
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening