Financials
Financial year 2025
NEW SHANGHAI from Soignies, company number BE0475935745, closed financial year 2025 with a result of € -7,776 after tax. For that financial year NEW SHANGHAI recorded a gross margin of € 134,342 and equity of € 135,659. Compared with financial year 2024, the result moved from € 15,891 to € -7,776. 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 July 7, 2026.
€ 135,659
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,776
▼ still € 15,891 profit in 2024
Profit after tax over the fiscal year.
€ 80,085
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 116,366.
People and assets in 2025
€ 110,416
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,568
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,324
▼ 74% vs 2024
Loans from banks and other lenders, long and short.
€ 31,974
▲ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,853
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,398 | € 142,461 | € 170,949 | € 134,342 | ▼ 21% |
| Profit after taxes | € 37,026 | € -9,035 | € 15,891 | € -7,776 | ▼ € 23,667 |
| Equity | € 136,580 | € 127,545 | € 143,436 | € 135,659 | ▼ 5% |
| Total debts | € 148,907 | € 103,876 | € 82,544 | € 69,168 | ▼ 16% |
| Cash | € 133,837 | € 35,040 | € 54,663 | € 80,085 | ▲ 47% |
| Retained profit | € 119,287 | € 108,252 | € 124,142 | € 116,366 | ▼ 6% |
| Bank debt | € 79,689 | € 55,955 | € 31,715 | € 8,324 | ▼ 74% |
| Balance sheet total | € 285,487 | € 231,421 | € 225,980 | € 204,828 | ▼ 9% |
Key figures of NEW SHANGHAI, 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 NEW SHANGHAI?
What happened at NEW SHANGHAI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,776 (▼ € 23,667 vs 2024). Source: NBB ↗
- YUN QIU became a director. NBB
- Jifeng DU became a director. NBB
- New establishment in Soignies. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,026 profit in 2022 to € 7,776 loss in 2025.
Paid € 25,158 in corporate taxes since 2022.
Best year ever: 2022, with € 37,026 profit.
Management
Behind NEW SHANGHAI are YUN QIU and Jifeng DU.
Directors
According to the 2025 annual accounts
YUN QIU
Director
since 2023
Jifeng DU
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue de Steenkerque 34
7060 Soignies
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.935.745
- VAT number
- BE 0475.935.745
- Registered office
- Rue de Steenkerque 34, 7060 Soignies
- Names & denominations
- NEW SHANGHAI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2001
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Restaurants van het traditionele type
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen
Uitzendkoks en verzorgen van feesten en recepties