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 2 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 0 % of short-term debt in 2025; threshold 65 %.
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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
HS HYOSUNG Energy Solution from Brussel, company number BE0803124168, closed financial year 2025 with a result of € -8,558 after tax. Compared with financial year 2024, the result moved from € -7,558 to € -8,558. 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 29, 2026.
€ -16,116
▼ € 8,558 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,558
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,116.
Debts at end 2025
€ 11,116
▲ 263% vs 2024
Loans from banks and other lenders, long and short.
€ 5,000
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Profit after taxes | € -7,558 | € -8,558 | ▼ € 1,000 |
| Equity | € -7,558 | € -16,116 | ▼ € 8,558 |
| Total debts | € 7,558 | € 16,116 | ▲ 113% |
| Retained profit | € -7,558 | € -16,116 | ▼ € 8,558 |
| Bank debt | € 3,058 | € 11,116 | ▲ 263% |
Key figures of HS HYOSUNG Energy Solution, fiscal years 2024 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 HS HYOSUNG Energy Solution?
What happened at HS HYOSUNG Energy Solution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,558. Source: NBB ↗
- Ki Su Ro became a director. NBB
- Ki Soo Lee became a director. NBB
- Nak Yang Seong became a director. NBB
- TOM VANDEBOSCH stepped down as director. NBB
- JIAN WU stepped down as director. NBB
- Geert Olbrechts became a director. NBB
- STEPHANE LEVASSEUR stepped down as director. NBB
In short
From € 7,558 loss in 2024 to € 8,558 loss in 2025.
A new publication or filing at HS HYOSUNG Energy Solution? We notify you, reason included.
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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 HS HYOSUNG Energy Solution are Ki Su Ro, Geert Olbrechts, Ki Soo Lee and Nak Yang Seong. The shares are held by UMICORE NV (100%).
Directors
According to the 2025 annual accounts
Ki Su Ro
Director
since 2026
Geert Olbrechts
Director
since 2026
Ki Soo Lee
Chairman of the board
since 2026
Nak Yang Seong
Director
since 2026
STEPHANE LEVASSEUR
Director
since 2023 · until 2026
since 2024 · until 2026
JIAN WU
Director
since 2023 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Broekstraat 31
1000 Brussel
Watertorenstraat 33
2250 Olen
Active since 20 November 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →UMICORE same network
€ 5.4 billion revenue · 2025
UMICORE MARKETING SERVICES BELGIUM
Groupement des Fabricants Belges de Sulfate de Cuivre
UMICORE FINANCIAL SERVICES
PRIVATE SECURITY ASSOCIATION
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.124.168
- VAT number
- BE 0803.124.168
- Registered office
- Broekstraat 31, 1000 Brussel
- Names & denominations
- HS HYOSUNG Energy Solution
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2023
- Peppol
- Active · Active since 5 Jul 2023
- Contact
- [email protected]
- Activities · NACE
Vervaardiging van batterijen en accumulatoren
Productie van andere non-ferrometalen