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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Qinfong from Spa, company number BE0768288401, closed financial year 2025 with a result of € -2,419 after tax. For that financial year Qinfong recorded a gross margin of € -1,613 and equity of € -10,576. Compared with financial year 2024, the result moved from € -4,728 to € -2,419. 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 August 10, 2026.
€ -10,576
▼ € 2,419 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,419
▲ 49 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,311
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,576.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,795
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,843 | € -1,738 | € -3,387 | € -1,613 | ▲ € 1,774 |
| Profit after taxes | € -4,742 | € -3,687 | € -4,728 | € -2,419 | ▲ € 2,309 |
| Equity | € 258 | € -3,429 | € -8,157 | € -10,576 | ▼ € 2,419 |
| Total debts | € 5,875 | € 11,034 | € 16,144 | € 16,341 | ▲ 1% |
| Cash | € 4,531 | € 2,241 | € 2,923 | € 2,311 | ▼ 21% |
| Retained profit | € -4,742 | € -8,429 | € -13,157 | € -15,576 | ▼ € 2,419 |
| Balance sheet total | € 6,134 | € 7,606 | € 7,988 | € 5,765 | ▼ 28% |
Key figures of Qinfong, 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 Qinfong?
What happened at Qinfong in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,419. filed late Source: NBB ↗
- New establishment in Spa. KBO
- Zhenhua QIAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,742 loss in 2022 to € 2,419 loss in 2025.
Management
Behind Qinfong are Zhi Hao QIAN and Zhenhua QIAN.
Directors
According to the 2025 annual accounts
Zhi Hao QIAN
Director
Zhenhua QIAN
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue de la Sauvenière 64
4900 Spa
Rue du Marché 36
4900 Spa
Active since 1 August 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0768.288.401
- VAT number
- BE 0768.288.401
- Registered office
- Rue de la Sauvenière 64, 4900 Spa
- Names & denominations
- Qinfong
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 2021
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Groothandel in andere voedingsmiddelen, neg
Detailhandel in dranken, algemeen assortiment