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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
WAN FA from Thuin, company number BE0549972974, closed financial year 2025 with a result of € -21,076 after tax. For that financial year WAN FA recorded a gross margin of € 56,946 and equity of € -100,752. Compared with financial year 2024, the result moved from € 7,980 to € -21,076. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -100,752
▼ € 21,076 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,076
▼ still € 7,980 profit in 2024
Profit after tax over the fiscal year.
€ 19,320
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -175,752.
People and assets in 2025
€ 57,843
▲ 44% 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.
€ 16,335
▲ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 101,480
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,422
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,801 | € 83,780 | € 83,973 | € 56,946 | ▼ 32% |
| Profit after taxes | € -14,258 | € 56 | € 7,980 | € -21,076 | ▼ € 29,057 |
| Equity | € -87,712 | € -87,656 | € -79,675 | € -100,752 | ▼ € 21,076 |
| Total debts | € 188,443 | € 174,794 | € 179,510 | € 226,161 | ▲ 26% |
| Cash | € 19,686 | € 13,628 | € 16,877 | € 19,320 | ▲ 14% |
| Retained profit | € -162,712 | € -162,656 | € -154,675 | € -175,752 | ▼ € 21,076 |
| Bank debt | € 33,768 | € 22,561 | € 6,523 | € 0 | ▼ 100% |
| Balance sheet total | € 100,732 | € 87,138 | € 99,835 | € 125,409 | ▲ 26% |
Key figures of WAN FA, 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 WAN FA?
What happened at WAN FA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
WAN FA is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 21,076 (▼ € 29,057 vs 2024). filed late Source: NBB ↗
- New establishment in Thuin. KBO
- Jiang CHEN became a director. NBB
- Ka Wo CHEANG became a director. NBB
- Wei Bin CHEUNG became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,258 loss in 2022 to € 21,076 loss in 2025.
Best year ever: 2024, with € 7,980 profit.
Management
Behind WAN FA are Jiang CHEN, Ka Wo CHEANG and Wei Bin CHEUNG. Jiang CHEN is also behind MOGO. Wei Bin CHEUNG is also behind 888.
Establishments
Establishment units
Physical locations of this company
Rue de Beaumont(GOZ) 18
6534 Thuin
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
Self-hosted
Hosting
INFOMANIAK-AS, CH
Website info
Features
Security
Network
Details
- Company number
- 0549.972.974
- VAT number
- BE 0549.972.974
- Registered office
- Rue de Beaumont(GOZ) 18, 6534 Thuin
- Names & denominations
- WAN FA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 April 2014
- Peppol
- Active · Active since 17 Feb 2026
- Contact
- fiestagrill.be [email protected]
- Activities · NACE
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