Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022, 2023.
Financials
Financial year 2024
Europe TianYing from Dilbeek, company number BE0656494416, closed financial year 2024 with a result of € -843,901 after tax. For that financial year Europe TianYing recorded revenue of € 1.4 million and equity of € 682,182. Compared with financial year 2023, the result moved from € -1.1 million to € -843,901. The company made a loss. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.
€ 682,182
▼ 55% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -843,901
▲ 25 % less loss than in 2023
Profit after tax over the fiscal year.
€ 6.4 million
▼ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.5 million.
People and assets in 2024
15.6
▲ 2.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 19% vs 2023
€ 100,400 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.
€ 78,612
▲ 2% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 58.7 million
▲ 15% vs 2023
Loans from banks and other lenders, long and short.
€ 5.3 million
▲ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 257,828
▼ 74% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 2,295,108 | € 1,060,432 | € 1,355,089 | € 1,358,543 | |
| Profit after taxes | € -2,069,741 | € 5,569,586 | € -1,130,948 | € -843,901 | ▲ € 287,047 |
| Equity | € -2,912,554 | € 2,657,032 | € 1,526,083 | € 682,182 | ▼ 55% |
| Total debts | € 346,162,517 | € 358,468,089 | € 305,153,731 | € 347,406,954 | ▲ 14% |
| Cash | € 9,978,429 | € 9,414,517 | € 9,819,095 | € 6,416,953 | ▼ 35% |
| Retained profit | € -7,112,554 | € -1,542,968 | € -2,673,917 | € -3,517,818 | ▼ € 843,901 |
| Bank debt | € 324,854,461 | € 43,488,881 | € 51,022,810 | € 58,690,686 | ▲ 15% |
| Balance sheet total | € 343,249,963 | € 361,125,120 | € 306,679,815 | € 348,089,136 | ▲ 14% |
| Employees (FTE) | 11.3 | 12.7 | 13 | 15.6 | ▲ 2.6 |
Key figures of Europe TianYing, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Europe TianYing?
What happened at Europe TianYing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 843,901. filed late Source: NBB ↗
- Haihong TU became a director. NBB
- Sioen Engineering and Management Services Besloten vennootschap became a director. NBB
- China TianYing Inc. became a director. NBB
- New establishment in Dilbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.1 million loss in 2021 to € 843,901 loss in 2024.
Paid € 613,361 in corporate taxes since 2021.
Best year ever: 2022, with € 5.6 million profit.
Pays suppliers within 68 days on average.
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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 Europe TianYing are Haihong TU, China TianYing Inc. and Sioen Engineering and Management Services Besloten vennootschap. It owns 100% of EUTY France, 93.9% of HANOI THIEN Y ENVIRONMENTAL ENERGY JOINT STOCJ COMPANY and 70% of UEI Ltd itself.
Directors
According to the 2024 annual accounts
Haihong TU
Director
since 2023
Director · represented by Shenjun YAN
Also active at: United Expert Investments, Europe ZhongYing
since 2019
Sioen Engineering and Management Services Besloten vennootschap
Director · represented by Herman SIOEN
Also active at: Europe ZhongYing
since 2020
Establishments
Establishment units
Physical locations of this company
't Hofveld 6/D
1702 Dilbeek
't Hofveld 6 box Bl D
1702 Dilbeek
Active since 8 June 2016
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.
Details
- Company number
- 0656.494.416
- VAT number
- BE 0656.494.416
- Registered office
- 't Hofveld 6/D, 1702 Dilbeek
- Names & denominations
- Europe TianYing · EUTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2016
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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