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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INDOCHINE WELLNESS from Waregem, company number BE0866477937, closed financial year 2025 with a result of € 11,087 after tax. For that financial year INDOCHINE WELLNESS recorded a gross margin of € 13,362 and equity of € -26,184. Compared with financial year 2024, the result moved from € 2,790 to € 11,087. Profitable, and profit is growing. 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 31, 2026.
€ -26,184
▲ € 11,087 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,087
▲ 297% vs 2024
Profit after tax over the fiscal year.
€ 9,193
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -32,484.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 21,826
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,782
▼ 15% 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 | € -25,152 | € -6,399 | € 4,052 | € 13,362 | ▲ 230% |
| Profit after taxes | € -27,040 | € -7,683 | € 2,790 | € 11,087 | ▲ 297% |
| Equity | € -32,378 | € -40,061 | € -37,271 | € -26,184 | ▲ € 11,087 |
| Total debts | € 51,553 | € 60,271 | € 57,600 | € 49,947 | ▼ 13% |
| Cash | € 6,636 | € 5,559 | € 8,634 | € 9,193 | ▲ 6% |
| Retained profit | € -38,678 | € -46,361 | € -43,571 | € -32,484 | ▲ € 11,087 |
| Balance sheet total | € 19,174 | € 20,209 | € 20,328 | € 23,763 | ▲ 17% |
Key figures of INDOCHINE WELLNESS, 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 INDOCHINE WELLNESS?
What happened at INDOCHINE WELLNESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,087 (▲ 297% vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,040 loss in 2022 to € 11,087 profit in 2025.
Paid € 714 in corporate taxes since 2022.
Best year ever: 2025, with € 11,087 profit.
Management
Behind INDOCHINE WELLNESS are Hervé Verbanck and Sofie Verbanck. Hervé Verbanck is also behind CHINA'S NATURE.
Directors
According to the 2025 annual accounts
Sofie Verbanck
Director
Establishments
Establishment units
Physical locations of this company
Joannes Huyslaan 35
8790 Waregem
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
EFFIX-, BE
Website info
Features
Security
Details
- Company number
- 0866.477.937
- VAT number
- BE 0866.477.937
- Registered office
- Joannes Huyslaan 35, 8790 Waregem
- Names & denominations
- INDOCHINE WELLNESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2004
- Peppol
- Active · Active since 9 Jan 2025
- Contact
- indochinewellness.be
- Activities · NACE
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Overige lichaamsverzorging
Sauna's, solaria, baden enz.