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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.5 to 9.8.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Alibaba Smart Hub Belgium from Grâce-Hollogne, company number BE0718762575, closed financial year 2025 with a result of € -544,633 after tax. For that financial year Alibaba Smart Hub Belgium recorded a gross margin of € 5.2 million and equity of € 15.7 million. Compared with financial year 2024, the result moved from € -1 million to € -544,633. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 15.7 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -544,633
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2.6 million
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.3 million.
People and assets in 2025
9.8
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 21% vs 2024
€ 237,600 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.
€ 202,213
▼ 49% vs 2024
Of which on lease € 202,213.
Debts at end 2025
€ 48.2 million
Loans from banks and other lenders, long and short.
€ 1.9 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.2 million
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,444,814 | € 4,692,431 | € 6,081,001 | € 5,186,066 | ▼ 15% |
| Profit after taxes | € 829,304 | € -2,379,907 | € -1,001,520 | € -544,633 | ▲ € 456,887 |
| Equity | € 13,675,007 | € 11,295,100 | € 16,293,580 | € 15,748,946 | ▼ 3% |
| Total debts | € 51,169,312 | € 60,528,294 | € 51,676,815 | € 51,792,440 | |
| Cash | € 2,142,245 | € 660,823 | € 2,643,483 | € 2,632,204 | |
| Land & buildings | € 53,020,127 | € 51,852,016 | € 56,662,277 | € 55,407,415 | ▼ 2% |
| Retained profit | € -1,324,993 | € -3,704,900 | € -4,706,420 | € -5,251,054 | ▼ € 544,633 |
| Bank debt | € 44,500,054 | € 53,600,107 | € 48,200,143 | € 48,200,000 | |
| Balance sheet total | € 64,844,318 | € 71,823,395 | € 67,970,395 | € 67,541,386 | ▼ 1% |
| Employees (FTE) | 13.2 | 14.5 | 13.6 | 9.8 | ▼ 3.8 |
Key figures of Alibaba Smart Hub 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 Alibaba Smart Hub Belgium?
What happened at Alibaba Smart Hub Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 544,633. Source: NBB ↗
- Fan Shichao became a director. NBB
- Yuedong Xu stepped down as director. NBB
- Yuedong Xu became a director. NBB
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 829,304 profit in 2022 to € 544,633 loss in 2025.
Paid € 22,690 in corporate taxes since 2022.
Best year ever: 2022, with € 829,304 profit.
On average € 529,200 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 Alibaba Smart Hub Belgium is Fan Shichao.
Directors
According to the 2025 annual accounts
Fan Shichao
Director
since 2025
Yuedong Xu
Director
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Rue Saint-Exupéry 32
4460 Grâce-Hollogne
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
- 0718.762.575
- VAT number
- BE 0718.762.575
- Registered office
- Rue Saint-Exupéry 32, 4460 Grâce-Hollogne
- Names & denominations
- Alibaba Smart Hub Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2019
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Logistieke diensten
Ontwikkeling van niet-residentiële bouwprojecten
Opslag
Overige vrachtbehandeling, exclusief in zeehavens