Active · per the CBE, 1 October 2026

Tangspalace

BE1004690267

Rechtspersoon Private limited company 1 establishment

Tangspalace is a hospitality business in Aalst. Private Limited, started on 15 January 2024, 1 establishment.

Korte Zoutstraat 51, 9300 Aalst

Behind the company: Yan Lin, Ho Tang Shiu.

Active for

2 year, 8 months

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 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Tangspalace from Aalst, company number BE1004690267, closed financial year 2025 with a result of € -49,789 after tax. For that financial year Tangspalace recorded a gross margin of € 197,238 and equity of € -584. Compared with financial year 2024, the result moved from € 46,206 to € -49,789. 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 31, 2026.

What it is worth Caution

€ -584

▼ € 49,789 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -49,789

▼ still € 46,206 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 41,811

▼ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -3,584.

People and assets in 2025

Wage cost

€ 209,098

▲ 60% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 15,958

▼ 38% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 39,478

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,783

▲ 50% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20242025Change 2024 → 2025
Gross margin € 211,352 € 197,238 ▼ 7%
Profit after taxes € 46,206 € -49,789 ▼ € 95,995
Equity € 49,206 € -584 ▼ € 49,789
Total debts € 173,127 € 159,442 ▼ 8%
Cash € 105,220 € 41,811 ▼ 60%
Land & buildings - € 4,696
Retained profit € 46,206 € -3,584 ▼ € 49,789
Balance sheet total € 222,333 € 158,858 ▼ 29%

Key figures of Tangspalace, 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 Tangspalace?

What happened at Tangspalace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 49,789 (▼ € 95,995 vs 2024). filed late Source: NBB ↗
  • New establishment in Aalst. KBO
  • Start of the company according to the CBE. KBO

In short

From € 46,206 profit in 2024 to € 49,789 loss in 2025.

Paid € 9,559 in corporate taxes since 2024.

Best year ever: 2024, with € 46,206 profit.

Management

Yan Lin Ho Tang Shiu
Tangspalace

Behind Tangspalace are Yan Lin and Ho Tang Shiu.

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Directors

According to the 2025 annual accounts

Yan Lin

Director

Ho Tang Shiu

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Zoutstraat 51

9300 Aalst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
1004.690.267
VAT number
BE 1004.690.267
Registered office
Korte Zoutstraat 51, 9300 Aalst
Names & denominations
Tangspalace
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 January 2024
Peppol
Active · Active since 7 Dec 2025
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Frequently asked questions

What does Tangspalace do?
Tangspalace is a hospitality business in Aalst. Private Limited, started on 15 January 2024, 1 establishment.
What is the address of Tangspalace?
The registered office of Tangspalace is located at Korte Zoutstraat 51, 9300 Aalst.
Is Tangspalace still active?
Yes. According to the CBE (1 October 2026) Tangspalace is active, legal situation “Normale toestand”, started on 15 January 2024.
Is Tangspalace registered on Peppol?
Yes, Tangspalace is registered on the Peppol network with ID 0208:1004690267.
What is the enterprise number of Tangspalace?
The enterprise number of Tangspalace is BE1004690267.
When was Tangspalace founded?
Tangspalace was founded on 15 January 2024.