Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Huawei Technologies (Belgium) from Watermaal-Bosvoorde, company number BE0550614956, closed financial year 2025 with a result of € 21,865 after tax. For that financial year Huawei Technologies (Belgium) recorded revenue of € 45.8 million and equity of € 8.7 million. Compared with financial year 2024, the result moved from € 1.5 million to € 21,865. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 8.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,865
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 12.3 million
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.4 million.
People and assets in 2025
49.1
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.2 million
▼ 28% vs 2024
€ 289,900 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.
€ 58,225
▼ 13% 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.
€ 10.5 million
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 126 days on average.
€ 6.2 million
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 54,501,304 | € 49,069,165 | € 54,861,013 | € 45,765,297 | ▼ 17% |
| Profit after taxes | € 1,656,083 | € 1,356,939 | € 1,466,743 | € 21,865 | ▼ 99% |
| Equity | € 12,599,779 | € 7,201,768 | € 8,668,511 | € 8,690,376 | |
| Total debts | € 27,498,587 | € 19,626,384 | € 23,396,898 | € 22,288,737 | ▼ 5% |
| Cash | € 13,468,496 | € 2,372,571 | € 10,221,069 | € 12,342,180 | ▲ 21% |
| Retained profit | € 7,322,474 | € 1,924,464 | € 3,391,207 | € 3,413,072 | ▲ 1% |
| Dividend | € 4,485,708 | € 6,754,949 | € 0 | € 0 | |
| Bank debt | € 3,869,202 | € 1,866,328 | € 1,976,143 | € 0 | ▼ 100% |
| Balance sheet total | € 40,693,547 | € 27,460,085 | € 32,614,220 | € 31,705,752 | ▼ 3% |
| Employees (FTE) | 69.5 | 54.1 | 51.7 | 49.1 | ▼ 2.6 |
Key figures of Huawei Technologies (Belgium), 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 Huawei Technologies (Belgium)?
What happened at Huawei Technologies (Belgium) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Shen Pengzhi stepped down as director. NBB
- Xu Xie stepped down as director. NBB
- Liu Zhaohui stepped down as director. NBB
- Qian Kun stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 21,865 (▼ 99% vs 2024). filed late Source: NBB ↗
- Xin Liu stepped down as director. NBB
- Shen Pengzhi became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
In short
From € 1.7 million profit in 2022 to € 21,865 profit in 2025.
Paid € 3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.7 million profit.
Paid out € 11.2 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Xin Liu
Managing director
since 2024 · until 2026
Liu Zhaohui
Director
since 2025 · until 2028
Xu Xie
Director
since 2026 · until 2029
Xin Wang
Director
since 2022 · until 2025
Qian Kun
Director
since 2024 · until 2027
Shen Pengzhi
Managing director
since 2026 · until 2029
Establishments
Establishment units
Physical locations of this company
Vorstlaan 100
1170 Watermaal-Bosvoorde
Woluwelaan 2
1150 Sint-Pieters-Woluwe
Active since 14 April 2014
Guimardstraat 9
1040 Brussel
Active since 1 September 2018
Etterbeeksesteenweg 180
1040 Brussel
Active since 14 April 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
All companies at this address →Alcotra Holding
SHEARSON LEHMAN GLOBAL ASSET MANAGEMENT
ALCODIS
€ 905.3 million revenue · 2025
MOREAU ET ASSOCIES
€ 27,360 gross margin · 2025
COFACE BELGIUM SERVICES
€ 5 million revenue · 2025
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0550.614.956
- VAT number
- BE 0550.614.956
- Registered office
- Vorstlaan 100, 1170 Watermaal-Bosvoorde
- Names & denominations
- Huawei Technologies (Belgium)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2014
- Peppol
- Active · Active since 13 Aug 2025
- Activities · NACE
Groothandel in informatie- en communicatieapparatuur
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
Draadloze telecommunicatie
Overige diensten op het gebied van informatietechnologie en computer
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Groothandel in computers, randapparatuur en software