Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2024; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Xin Wang from Elsene, company number BE0735857935, closed financial year 2024 with a result of € -82,971 after tax. For that financial year Xin Wang recorded a gross margin of € 47,426 and equity of € -128,103. Compared with financial year 2023, the result moved from € -74,798 to € -82,971. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ -128,103
▼ € 82,971 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -82,971
▼ 11 % more loss than in 2023
Profit after tax over the fiscal year.
€ 13,932
▲ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -143,103.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 74,174
▼ 47% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,027
▼ 97% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 45,409
▲ 35% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 32,786 | € 144,388 | € 128,417 | € 47,426 | ▼ 63% |
| Profit after taxes | € -11,708 | € 4,679 | € -74,798 | € -82,971 | ▼ € 8,173 |
| Equity | € 24,987 | € 29,666 | € -45,132 | € -128,103 | ▼ € 82,971 |
| Total debts | € 46,811 | € 100,279 | € 157,606 | € 210,588 | ▲ 34% |
| Cash | € 4,318 | € 34,102 | € 10,327 | € 13,932 | ▲ 35% |
| Retained profit | € 9,987 | € 14,666 | € -60,132 | € -143,103 | ▼ € 82,971 |
| Balance sheet total | € 71,798 | € 129,945 | € 112,473 | € 82,485 | ▼ 27% |
Key figures of Xin Wang, 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 Xin Wang?
What happened at Xin Wang in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Xin Wang is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 82,971. Source: NBB ↗
- New establishment in Elsene. KBO
- Ying Chen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,708 loss in 2021 to € 82,971 loss in 2024.
Paid € 163 in corporate taxes since 2021.
Best year ever: 2022, with € 4,679 profit.
A new publication or filing at Xin Wang? We notify you, reason included.
Follow Xin WangDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Directors
According to the 2024 annual accounts
Ying Chen
Administrator-manager
since 2019
Establishments
Establishment units
Physical locations of this company
Louizalaan 523
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0735.857.935
- VAT number
- BE 0735.857.935
- Registered office
- Louizalaan 523, 1050 Elsene
- Names & denominations
- Xin Wang
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 October 2019
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening