Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Hu & Yang from Mortsel, company number BE0688885882, closed financial year 2024 with a result of € 49,889 after tax. For that financial year Hu & Yang recorded a gross margin of € 727,957 and equity of € 176,932. Compared with financial year 2023, the result moved from € -77,896 to € 49,889. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 176,932
▼ 34% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,889
▲ still € 77,896 loss in 2023
Profit after tax over the fiscal year.
€ 374,805
▼ 6% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 141,211 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
17.3
Average over the fiscal year, from the social balance sheet.
€ 521,867
▼ 22% vs 2023
€ 30,200 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.
€ 12,102
▼ 17% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 621,470
▼ 9% vs 2023
€ 44,600 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 370,296
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 92,672
▼ 34% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 565,691 | € 765,286 | € 723,257 | € 727,957 | ▲ 1% |
| Profit after taxes | € 163,778 | € 74,961 | € -77,896 | € 49,889 | ▲ € 127,785 |
| Equity | € 325,653 | € 360,614 | € 268,253 | € 176,932 | ▼ 34% |
| Total debts | € 368,407 | € 438,105 | € 1,310,047 | € 1,345,320 | ▲ 3% |
| Cash | € 324,867 | € 183,982 | € 396,791 | € 374,805 | ▼ 6% |
| Land & buildings | € 69,425 | € 91,589 | € 756,052 | € 728,011 | ▼ 4% |
| Retained profit | € 319,453 | € 354,414 | € 262,053 | € 170,732 | ▼ 35% |
| Dividend | € 0 | € 0 | € 14,464 | € 141,211 | ▲ € 126,746 |
| Bank debt | € 176,048 | € 0 | € 682,980 | € 621,470 | ▼ 9% |
| Balance sheet total | € 694,060 | € 798,719 | € 1,578,300 | € 1,522,251 | ▼ 4% |
| Employees (FTE) | - | - | 17.3 | 17.3 |
Key figures of Hu & Yang, 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 Hu & Yang?
What happened at Hu & Yang in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 49,889. filed late Source: NBB ↗
- New establishment in Mortsel. KBO
- Hu Yang became a director. NBB
- Xuwei Yang became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 163,778 profit in 2021 to € 49,889 profit in 2024.
Paid € 77,595 in corporate taxes since 2021.
Best year ever: 2021, with € 163,778 profit.
On average € 42,100 of value added per employee in 2024.
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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 Hu & Yang are Hu Yang and Xuwei Yang.
Directors
According to the 2024 annual accounts
Hu Yang
Bestuurder
since 2018
Xuwei Yang
Bestuurder
since 2018
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 20-22
2640 Mortsel
Mechelsesteenweg 22
2640 Mortsel
Active since 1 June 2018
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0688.885.882
- VAT number
- BE 0688.885.882
- Registered office
- Mechelsesteenweg 20-22, 2640 Mortsel
- Names & denominations
- Hu & Yang
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2018
- Peppol
- Active · Active since 8 Sept 2025
- Contact
- brasserie-devlegel.be
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
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