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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
SHANG PIN from Elsene, company number BE0699650013, closed financial year 2025 with a result of € 313,924 after tax. For that financial year SHANG PIN recorded a gross margin of € 616,693 and equity of € 473,371. Compared with financial year 2024, the result moved from € 357,772 to € 313,924. 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 September 9, 2026.
€ 473,371
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 313,924
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 353,809
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 313,924 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.3
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 179,852
▲ 9% vs 2024
€ 41,800 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.
€ 14,278
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 682,437
▲ 57% vs 2024
€ 34,815 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 73,229
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 191,610
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 345,106 | € 443,781 | € 667,340 | € 616,693 | ▼ 8% |
| Profit after taxes | € 142,662 | € 254,926 | € 357,772 | € 313,924 | ▼ 12% |
| Equity | € 248,273 | € 323,199 | € 460,971 | € 473,371 | ▲ 3% |
| Total debts | € 661,164 | € 734,625 | € 870,888 | € 1,272,768 | ▲ 46% |
| Cash | € 317,154 | € 81,920 | € 357,710 | € 353,809 | ▼ 1% |
| Land & buildings | € 539,211 | € 526,120 | € 513,029 | € 900,451 | ▲ 76% |
| Retained profit | € 242,073 | € 316,999 | € 454,771 | € 454,771 | |
| Dividend | € 65,000 | € 180,000 | € 220,000 | € 313,924 | ▲ 43% |
| Bank debt | € 484,860 | € 459,913 | € 434,040 | € 682,437 | ▲ 57% |
| Balance sheet total | € 909,437 | € 1,057,824 | € 1,331,859 | € 1,746,138 | ▲ 31% |
| Employees (FTE) | - | - | 3.3 | 4.3 | ▲ 1 |
Key figures of SHANG PIN, 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 SHANG PIN?
What happened at SHANG PIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 313,924 (▼ 12% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,662 profit in 2022 to € 313,924 profit in 2025.
Paid € 223,227 in corporate taxes since 2022.
Best year ever: 2024, with € 357,772 profit.
On average € 143,400 of value added per employee in 2025.
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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 SHANG PIN are Lingyuan Wei and Yadan Zheng .
Directors
According to the 2025 annual accounts
Lingyuan Wei
Director
Yadan Zheng
Director
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 552
1050 Elsene
Schildknaapsstraat 45
1000 Brussel
Active since 15 April 2025
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
- 0699.650.013
- VAT number
- BE 0699.650.013
- Registered office
- Waterloose Steenweg 552, 1050 Elsene
- Names & denominations
- SHANG PIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2018
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening