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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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
ILLOCHROMA HAONENG EUROPE from Genk, company number BE0835418735, closed financial year 2024 with a result of € -1.6 million after tax. For that financial year ILLOCHROMA HAONENG EUROPE recorded revenue of € 620,880 and equity of € 1.8 million. Compared with financial year 2023, the result moved from € -1.8 million to € -1.6 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 1.8 million
▼ 47% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▲ 11 % less loss than in 2023
Profit after tax over the fiscal year.
€ 272,597
▲ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
People and assets in 2024
1.6
Average over the fiscal year, from the social balance sheet.
€ 84,734
▲ 26% vs 2023
€ 53,000 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.
€ 3.4 million
▼ 8% vs 2023
Of which on lease € 3.4 million.
Debts at end 2024
€ 14.7 million
▼ 2% vs 2023
€ 301,027 is repaid this year. At this pace the long-term loan is gone in ≈ 49 years.
€ 78,863
▼ 82% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 136 days on average.
€ 112,619
▲ 27% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 7,522,857 | € 8,909,224 | € 2,281,094 | € 620,880 | ▼ 73% |
| Profit after taxes | € 90,685 | € -322,736 | € -1,785,406 | € -1,582,995 | ▲ € 202,411 |
| Equity | € 5,501,217 | € 5,178,480 | € 3,393,074 | € 1,810,079 | ▼ 47% |
| Total debts | € 20,532,186 | € 20,829,729 | € 19,759,318 | € 19,079,044 | ▼ 3% |
| Cash | € 28,309 | € 667,417 | € 203,435 | € 272,597 | ▲ 34% |
| Retained profit | € -198,783 | € -521,520 | € -2,306,926 | € -3,889,921 | ▼ € 1.6 million |
| Bank debt | € 15,751,666 | € 15,410,065 | € 14,983,315 | € 14,688,558 | ▼ 2% |
| Balance sheet total | € 26,033,403 | € 26,008,209 | € 23,152,393 | € 20,889,123 | ▼ 10% |
| Employees (FTE) | 3 | 2.7 | 1.6 | 1.6 |
By revenue, ILLOCHROMA HAONENG EUROPE ranks 12th of 17 companies with main activity “Activiteiten van holdings” in Genk that publish figures (fiscal year 2024).
Key figures of ILLOCHROMA HAONENG EUROPE, 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.
Ask about ILLOCHROMA HAONENG EUROPE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ILLOCHROMA HAONENG EUROPE?
What happened at ILLOCHROMA HAONENG EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jiaxing Haoneng Advance Materials co LTD. stepped down as director. NBB
- Qi Li stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 1.6 million. filed late Source: NBB ↗
- Capital increase of € 11.5 million, published in the Gazette. Source: Staatsblad ↗
- Jiaxing Haoneng Advance Materials co LTD. became a director. NBB
- Qi Li became a director. NBB
- Capital increase of € 3.1 million, published in the Gazette. Source: Staatsblad ↗
- Capital increase of € 1.1 million, published in the Gazette. Source: Staatsblad ↗
In short
From € 90,685 profit in 2021 to € 1.6 million loss in 2024.
Paid € 29,184 in corporate taxes since 2021.
Best year ever: 2021, with € 90,685 profit.
Pays suppliers within 136 days on average.
Management
It owns 100% of Illochroma Haoneng Belgium, 100% of Illochroma Haoneng France (in vereffening) and 100% of ILLOCHROMA HAONENG POLAND itself.
Directors
According to the 2024 annual accounts
Jiaxing Haoneng Advance Materials co LTD.
Director · represented by Huang SUPU
since 2017 · until 2029
since 2017 · until 2029
Establishments
Establishment units
Physical locations of this company
Henry Fordlaan 7
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- Jiaxing Haoneng Advanced Materials Co. Ltd.(inbrengende vennootschap / aandeelhouder) 66.9%
Capital increase
Source: Deed ↗- JIAXING HAONENG ADVANCED MATERIAL Co. Ltd(inbrenger (schuldvordering in rekening-courant)) 72.3%
Incorporation
Source: Deed ↗- LI Qi(oprichter) 90%
- XIA Ouyang(oprichter) 10%
Details
- Company number
- 0835.418.735
- VAT number
- BE 0835.418.735
- Registered office
- Henry Fordlaan 7, 3600 Genk
- Names & denominations
- ILLOCHROMA HAONENG EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2011
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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