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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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
GANG NAM KOREA from Wavre, company number BE0649887033, closed financial year 2023 with a result of € 62,529 after tax. For that financial year GANG NAM KOREA recorded revenue of € 547,628 and equity of € 286,321. Compared with financial year 2022, the result moved from € 53,622 to € 62,529. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 9, 2024.
€ 286,321
▲ 28% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,529
▲ 17% vs 2022
Profit after tax over the fiscal year.
€ 67,886
▼ 2% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 111,321.
People and assets in 2023
€ 42,550
▲ 50% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,427
▼ 45% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 496,539
▼ 10% vs 2022
€ 58,033 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 46,934
▲ 46% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 75,478
▲ 62% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 404,769 | € 548,113 | € 547,628 | |
| Gross margin | € 113,691 | € 146,073 | € 170,824 | ▲ 17% |
| Profit after taxes | € 44,360 | € 53,622 | € 62,529 | ▲ 17% |
| Equity | € 170,170 | € 223,792 | € 286,321 | ▲ 28% |
| Total debts | € 632,014 | € 627,719 | € 618,951 | ▼ 1% |
| Cash | € 59,367 | € 69,315 | € 67,886 | ▼ 2% |
| Land & buildings | € 530,367 | € 526,312 | € 514,194 | ▼ 2% |
| Retained profit | € -4,830 | € 48,792 | € 111,321 | ▲ 128% |
| Bank debt | € 598,000 | € 548,958 | € 496,539 | ▼ 10% |
| Balance sheet total | € 802,184 | € 851,511 | € 905,272 | ▲ 6% |
Key figures of GANG NAM KOREA, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to GANG NAM KOREA?
What happened at GANG NAM KOREA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 62,529 (▲ 17% vs 2022). filed late Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
- YANG SONG became a director. NBB
- MYUNG SOOK YOO became a director. NBB
In short
From € 44,360 profit in 2021 to € 62,529 profit in 2023.
Paid € 28,643 in corporate taxes since 2021.
Best year ever: 2023, with € 62,529 profit.
A new publication or filing at GANG NAM KOREA? We notify you, reason included.
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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 GANG NAM KOREA are YANG SONG and MYUNG SOOK YOO.
Directors
According to the 2023 annual accounts
YANG SONG
Managing director
since 2016
MYUNG SOOK YOO
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Rue Provinciale 244
1301 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0649.887.033
- VAT number
- BE 0649.887.033
- Registered office
- Rue Provinciale 244, 1301 Wavre
- Names & denominations
- GANG NAM KOREA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2016
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
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Eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening