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HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT BELGIUM

Active
Public limited companyfounded 201016 yrs activePhilipssite 5, 3001 Leuven, BelgiumKBO/BCE: BE 0827.031.106
Summary

HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT BELGIUM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.29M and a net result of €2.80M. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 59% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+1
Solvency72▲+4
Growth55▼-2
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.7 in 2023; short-term debt: 53.3% and cash: 20.3% of total assets), but 53.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.7%
Return on assets
15.8%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 d early
2024
71 d early
2023
70 d early
2022
73 d early
2021
11 d early
2020
18 d early
2019
7 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€36.98M▲ 4.3%
2023 · €35.47M
2018: €25.89M 2019: €29.19M 2020: €30.19M 2021: €35.69M 2022: €35.18M 2023: €35.47M
2018 → 2025
EBIT margin
10.0%▼ 0.2pp
2023 · 10.2%
2018: 11.3% 2019: 11.8% 2020: 12.3% 2021: 9.3% 2022: 8.8% 2023: 10.2%
2018 → 2025
Net result
€2.80M▲ 2.5%
2023 · €2.73M
2018: €2.00M 2019: €2.37M 2020: €2.74M 2021: €2.42M 2022: €2.26M 2023: €2.73M
2018 → 2025
Working capital
€5.90M▼ 17.9%
2023 · €7.18M
2018: €5.68M 2019: €5.24M 2020: €6.31M 2021: €7.53M 2022: €7.21M 2023: €7.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232025Trend
Turnover€30.19M-€35.69M▲ 18.2%€35.18M▼ 1.4%€35.47M▲ 0.8%€36.98M▲ 4.3%
Equity€9.26M-€9.18M▼ 0.9%€8.03M▼ 12.4%€7.80M▼ 2.9%€8.29M▲ 6.2%
Operating result€3.73M-€3.33M▼ 10.5%€3.11M▼ 6.7%€3.63M▲ 16.9%€3.71M▲ 2.1%
Net result€2.74M-€2.42M▼ 12.0%€2.26M▼ 6.5%€2.73M▲ 20.8%€2.80M▲ 2.5%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00M€4.00MOperating result 2020: €3.73M€3.73MNet result 2020: €2.74M€2.74MOperating result 2021: €3.33M€3.33MNet result 2021: €2.42M€2.42MOperating result 2022: €3.11M€3.11MNet result 2022: €2.26M€2.26MOperating result 2023: €3.63M€3.63MNet result 2023: €2.73M€2.73MOperating result 2025: €3.71M€3.71MNet result 2025: €2.80M€2.80M20202021202220232025€0€1M€2M€3M€4MOperating result 2022: €3.11M€3.1MNet result 2022: €2.26M€2.3MOperating result 2023: €3.63M€3.6MNet result 2023: €2.73M€2.7MOperating result 2025: €3.71M€3.7MNet result 2025: €2.80M€2.8M202220232025
The operating result is €3.71M in 2025, compared with €3.63M in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €17.75M
Fixed assets €2.39M ▲ 284%
Current assets €15.35M ▼ 12.0%
Equity and liabilities €17.75M
Equity €8.29M ▲ 6.2%
Debt €9.46M ▼ 7.9%
Debt's share of the balance-sheet total falls from 56.8% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2023
EBITDA
€4.38M
2023 · €4.06M
Cash flow
€3.47M
2023 · €3.15M
Current ratio
1.62
2023 · 1.70
Debt to equity
1.14
2023 · 1.32
ROE
33.7%
2023 · 35.0%
ROA
15.8%
2023 · 15.1%
Interest coverage
684.32
2023 · 770.61
Debt ≤ 1 year
€9.46M
2023 · €10.27M
Income taxes
€1.03M
2023 · €1.06M
Staff costs
€20.88M
2023 · €19.76M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2023 · 61 lines
Balance sheet Code20232025
Assets
Total assets20/58€18.07M€17.75M
Fixed assets21/28€624k€2.39M
Tangible fixed assets22/27€520k€2.18M
Plant, machinery and equipment23€253k€329k
Furniture and vehicles24€106k€170k
Other tangible fixed assets26€161k€1.68M
Assets under construction and advance payments27-€3k
Financial fixed assets28€103k€208k
Other financial fixed assets284/8€103k€208k
Amounts receivable and cash guarantees285/8€103k€208k
Current assets29/58€17.45M€15.35M
Amounts receivable within one year40/41€13.37M€11.52M
Trade receivables40€11.31M€11.17M
Other amounts receivable41€2.06M€351k
Cash at bank and in hand54/58€4.01M€3.60M
Deferred charges and accrued income490/1€66k€227k
Equity and liabilities
Total equity and liabilities10/49€18.07M€17.75M
Equity10/15€7.80M€8.29M
Contributions10/11€4.33M€4.33M=
Capital10€4.33M€4.33M=
Issued capital100€4.33M€4.33M=
Reserves13€749k€749k=
Non-distributable reserves130/1€433k€433k=
Legal reserve130€433k€433k=
Distributable reserves133€317k€317k=
Profit (loss) carried forward14€2.73M€3.21M
Amounts payable17/49€10.27M€9.46M
Amounts payable within one year42/48€10.27M€9.46M
Trade debts44€2.69M€2.26M
Suppliers440/4€2.69M€2.26M
Taxes, remuneration and social security45€7.57M€7.19M
Taxes450/3€187k€790k
Remuneration and social security454/9€7.39M€6.40M
Other amounts payable47/48€2k€4k
Income statement Code20232025
Operating income70/76A€36.82M€38.31M
Turnover70€35.47M€36.98M
Other operating income74€1.35M€1.33M
Operating charges60/66A€33.18M€34.60M
Services and other goods61€12.99M€12.99M=
Remuneration, social security and pensions62€19.76M€20.88M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€424k€670k
Other operating charges640/8€3k€56k
Non-recurring operating charges66A€8k-
Operating profit (loss)9901€3.63M€3.71M
Financial income75/76B€155k€128k
Recurring financial income75€155k€128k
Other financial income752/9-€128k
Non-recurring financial income76B€155k-
Financial charges65/66B€5k€6k
Recurring financial charges65€5k€6k
Other financial charges652/9€5k€6k
Profit (loss) for the period before taxes9903€3.78M€3.83M
Income taxes67/77€1.06M€1.03M
Taxes670/3€1.06M€1.03M
Profit (loss) for the period9904€2.73M€2.80M
Profit (loss) for the period to be appropriated9905€2.73M€2.80M
Appropriation of the result
Profit (loss) to be appropriated9906€5.69M€8.21M
Profit (loss) brought forward from the previous period14P€2.96M€5.42M
Profit to be distributed694/7€2.96M€5.00M
Return on contributions (dividend)694€2.96M€5.00M
Social balance
Average headcount (FTE)908752.154.3

The notes to these accounts (50 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
State Gazette act Reappointment: Zhang Lei (director)
Power of attorney3 facts ▸
  • General meeting
  • Director reappointment, Zhang Lei (director)
  • Power of attorney, Piet Everaert
18-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
10-03
State Gazette act Resignation: Liu Shaowei (director)
Appointment: Yu Zheng (director)2 facts ▸
  • Director resignation, Liu Shaowei (director)
  • Director appointment, Yu Zheng (director)
2025
31-12
Financial Highest result since 2018net €2.80M ▲2.5%
Net result €2.80M, the highest in the series.
24-10
State Gazette act Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
Permanent representative: Maarten POEL3 facts ▸
  • General meeting, 30/04/2025
  • Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
  • Permanent representative, Maarten POEL
21-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
03-03
State Gazette act Permanent representative: Maarten Poel
Resignation: Liu Changze (ceo belast met het dagelijks bestuur) · Appointment: Yu Zheng (day-to-day manager) · Power of attorney7 facts ▸
  • Board meeting, 08/11/2024
  • Permanent representative, Maarten Poel
  • Power of attorney, Paul Soens
  • Board meeting, 28/11/2024
  • Director resignation, Liu Changze (ceo belast met het dagelijks bestuur)
  • Director appointment, Yu Zheng (day-to-day manager)
  • Power of attorney, Paul Soens
2024
16-12
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 11/10/2024
  • Registered-office move, Philipssite 5, 3001 Leuven
22-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
17-04
State Gazette act Reappointment: Liu Changze (day-to-day manager)
2 facts ▸
  • Board meeting, 01/02/2024
  • Director reappointment, Liu Changze (day-to-day manager)
09-02
State Gazette act Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 08/01/2024
  • Power of attorney, Liu Changze
  • Power of attorney, Liu Changze
2023
20-10
State Gazette act Resignations: Wang Chao (director) and Xiang Zishang (director)
Appointments: Liu Shaowei (director) and Xie Xu (director)5 facts ▸
  • General meeting, 21/08/2023
  • Director resignation, Wang Chao (director)
  • Director resignation, Xiang Zishang (director)
  • Director appointment, Liu Shaowei (director)
  • Director appointment, Xie Xu (director)
Show earlier events
13-06
State Gazette act Resignations: Li Haibo, Wang Chao and Xiang Zishang
Appointments: Zhang Lei, Wang Chao and Xiang Zishang · Power of attorney10 facts ▸
  • General meeting, 28/04/2023
  • Director resignation, Li Haibo (director)
  • Director resignation, Wang Chao (director)
  • Director resignation, Xiang Zishang (director)
  • Director appointment, Zhang Lei (director)
  • Director appointment, Wang Chao (director)
  • Director appointment, Xiang Zishang (director)
  • Power of attorney, Piet Everaert
  • Power of attorney, Paul Soens
  • Power of attorney, Xavier Klein
19-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
21-02
State Gazette act Statutes amendment
Registered-office move3 facts ▸
  • General meeting, 14/02/2023
  • Statutes amendment
  • Registered-office move, 3000 Leuven, Gaston Geenslaan 10
18-01
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 25/10/2022
  • Registered-office move, Gaston Geenslaan 10, 3001 Leuven
2022
31-10
State Gazette act Appointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Fabian Branswyk3 facts ▸
  • General meeting, 30/06/2022
  • Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Fabian Branswyk
20-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
03-09
State Gazette act Resignations: Li Jian, Li Haibo and Zhou Hong
Appointments: Li Haibo, Wang Chao and Xiang Zishang6 facts ▸
  • Director resignation, Li Jian (director)
  • Director resignation, Li Haibo (director)
  • Director resignation, Zhou Hong (director)
  • Director appointment, Li Haibo (director)
  • Director appointment, Wang Chao (director)
  • Director appointment, Xiang Zishang (director)
13-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
08-02
State Gazette act Resignation: Chen Huabin (day-to-day manager)
Appointment: Liu Changze (day-to-day manager)3 facts ▸
  • Board meeting, 01/12/2020
  • Director resignation, Chen Huabin (day-to-day manager)
  • Director appointment, Liu Changze (day-to-day manager)
2020
16-12
State Gazette act Statutes amendment
Purpose change · Capital3 facts ▸
  • General meeting, 09-12-2020
  • Purpose change
  • Capital, €4.326.806,34
01-10
State Gazette act Resignation: HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT BELGIUM (director)
Appointments: Li Jian, Li Haibo and Zhou Hong5 facts ▸
  • General meeting, 30/06/2020
  • Director resignation, HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT BELGIUM
  • Director appointment, Li Jian (director)
  • Director appointment, Li Haibo (director)
  • Director appointment, Zhou Hong (director)
07-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
24-10
State Gazette act Appointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Fabian Branswyk · Mandate compensation4 facts ▸
  • General meeting
  • Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Fabian Branswyk
  • Mandate compensation, KPMG Bedrijfsrevisoren CVBA
23-09
State Gazette act Resignations & appointments
Power of attorney4 facts ▸
  • Board meeting, 18/07/2019
  • Power of attorney, Chen Huabin
  • Power of attorney, Wang Bingnan
  • Power of attorney, Yu Qing
18-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
25-03
State Gazette act Resignation: Cui Jingjie (day-to-day manager)
Appointment: Huabin CHEN (day-to-day manager) · Registered-office move · Power of attorney8 facts ▸
  • Board meeting, 09/01/2019
  • Board meeting, 13/02/2019
  • Registered-office move, "AA Tower", Technologiepark-Zwijnaarde 122, 9052 Zwijnaarde
  • Registered-office move, "AA Tower", Technologiepark-Zwijnaarde 122, 9052 Zwijnaarde
  • Director resignation, Cui Jingjie (day-to-day manager)
  • Director appointment, Huabin CHEN (day-to-day manager)
  • Power of attorney, Huabin CHEN
  • Mandate term, vanaf 10 maart 2019 tot 10 maart 2022 of onmiddellijk in geval van vervanging, vertrek of herroeping
25-01
State Gazette act Permanent representative: Fabian Branswyk
2 facts ▸
  • Board meeting, 18/10/2018
  • Permanent representative, Fabian Branswyk (permanent representative)
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
12-07
State Gazette act Appointment: Cui Jingjie (managing director)
Power of attorney3 facts ▸
  • Board meeting, 22/05/2018
  • Director appointment, Cui Jingjie (managing director)
  • Power of attorney, Cui Jingjie
2017
11-10
State Gazette act Resignation: GAO Aozhan (director)
Power of attorney4 facts ▸
  • Director resignation, GAO Aozhan (director)
  • Power of attorney, Susana González Melón
  • Power of attorney, Marie Catherine Luyten
  • Power of attorney, Allen & Overy LLP
27-09
State Gazette act Resignations: GAO Yunhai, PENG Bo and PENG Qiuen
Appointments: ZHOU Hong, LI Jian and 2 others8 facts ▸
  • General meeting, 23/07/2017
  • Director resignation, GAO Yunhai (director)
  • Director resignation, PENG Bo (director)
  • Director resignation, PENG Qiuen (director)
  • Director appointment, ZHOU Hong (director)
  • Director appointment, LI Jian (director)
  • Director appointment, SHI Yanli (director)
  • Director appointment, GAO Aozhan (director)
25-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
20-01
State Gazette act Miscellaneous
Capital increase · Capital · Statutes amendment5 facts ▸
  • General meeting, 29/12/2016
  • Capital increase, €699.675
  • Capital, €4.326.806,34
  • Statutes amendment
  • Power of attorney, Raad van bestuur
2016
11-10
State Gazette act Appointments: Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren BV CVBA (statutory auditor) and Cui Jingjie (dagselijks bestuurder)
4 facts ▸
  • General meeting, 29/04/2016
  • Auditor appointment, Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren BV CVBA (statutory auditor)
  • Board meeting, 15/06/2016
  • Director appointment, Cui Jingjie (dagselijks bestuurder)
18-08
State Gazette act Miscellaneous
Statutes amendment · Merger · Purpose change4 facts ▸
  • Statutes amendment
  • Merger, Act object mentions 'FUSIE DOOR OVERNEMING' and 'VERGADERING VAN DE OVERNEMENDE VENNOOTSCHAP'. The specific absorbed company is not named in this extract, but e…
  • Purpose change
  • Name change
26-07
State Gazette act Capital & shares · Purpose · Restructuring
Merger · Capital increase · Share issue8 facts ▸
  • General meeting, 07/07/2016
  • Merger, 07/07/2016
  • Capital increase, €576.346,44
  • Share issue, new shares, 602098
  • Capital, €4.203.477,78
  • Accounting effect, 01/01/2016
  • Purpose change, De vennootschap heeft tot doel, in de meest ruime zin, zowel in België als in het buitenland, zowel voor eigen rekening als voor rekening van derden, in commiss…
  • Name change, Huawei Technologies Research & Development Belgium
02-06
State Gazette act Capital & shares · Restructuring
Merger · Net-asset statement · Share issue10 facts ▸
  • Merger
  • Net-asset statement, 31/12/2015
  • Net-asset statement, 31/12/2015
  • Share issue, nieuwe aandelen van de Opslorpende Vennootschap ... in ruil voor 4.432.500 aandelen van de Opgeslorpte Vennootschap
  • Accounting effect, 01/01/2016
  • Exchange ratio, 0.136
  • Auditor remuneration, 6500 EUR
  • Profit participation date, 01/01/2016
  • Share value, 0.957 EUR
  • Share value, 0.130 EUR
24-02
State Gazette act Reappointments: Tao Jingwen, Jin Yangbao and Peng Qiuen
Resignations: Tao Jingwen (director) and Jin Yangbao (director) · Appointments: Peng Bo, Gao Yunhai and Liu Haosheng12 facts ▸
  • General meeting, 30/06/2015
  • Director reappointment, Tao Jingwen (director)
  • Director reappointment, Jin Yangbao (director)
  • Director reappointment, Peng Qiuen (director)
  • General meeting, 22/07/2015
  • Director resignation, Tao Jingwen (director)
  • Director resignation, Jin Yangbao (director)
  • Director appointment, Peng Bo (director)
  • Director appointment, Gao Yunhai (director)
  • Director reappointment, Peng Qiuen (director)
  • Board meeting, 30/12/2015
  • Director appointment, Liu Haosheng (day-to-day manager)
2015
17-06
State Gazette act Appointment: Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren BV CVBA (statutory auditor)
2 facts ▸
  • General meeting, 15/10/2014
  • Auditor appointment, Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren BV CVBA (statutory auditor)
20-03
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 10/02/2015
  • Registered-office move, "AA Tower", Technologiepark 19, 9052 Zwijnaarde
2014
03-09
State Gazette act Miscellaneous
Share concentration end · Share concentration start4 facts ▸
  • Board meeting, 28/07/2014
  • Share concentration end, Einde situatie vereniging van aandelen in één hand
  • Share concentration start, 06/08/2013
  • Share concentration end, 09/07/2014
19-02
State Gazette act Resignation: Innoconsult BVBA (lasthebber van het dagelijks bestuur)
Appointment: Liu Haosheng (dagselijks bestuurder) · Permanent representative: Martin De Prycker · Mandate compensation6 facts ▸
  • Board meeting, 01/10/2013
  • Director resignation, Innoconsult BVBA (lasthebber van het dagelijks bestuur)
  • Director appointment, Liu Haosheng (dagselijks bestuurder)
  • Mandate compensation, Liu Haosheng
  • Power of attorney, Inge Stiers
  • Permanent representative, Martin De Prycker
2013
03-09
State Gazette act Resignations: Ludo Deferm, Marc Zabeau and 2 others
Appointments: Tao Jingwen, Jin Jangbao and Peng Qiuen · Power of attorney9 facts ▸
  • General meeting, 06/08/2013
  • Director resignation, Ludo Deferm (director)
  • Director resignation, Marc Zabeau (director)
  • Director resignation, Roeland Baets (director)
  • Director resignation, Innoconsult BVBA (director)
  • Director appointment, Tao Jingwen (director)
  • Director appointment, Jin Jangbao (director)
  • Director appointment, Peng Qiuen (director)
  • Power of attorney, Inge Stiers
26-08
State Gazette act Capital & shares · Statutes amendment
Capital increase · Bank account · Share issue18 facts ▸
  • General meeting, 06/08/2013
  • Capital increase, €76.819,09
  • Bank account, BE51 0017 0288 0062
  • Share issue, personeel warrants, 400
  • Power of attorney, CALIOPA
  • Capital increase, €200.000
  • Power of attorney, CALIOPA
  • Statutes amendment, Artikel 5
  • Capital, €3.627.131,34
  • Share issue, oprichter warrants, 116.875
  • Share issue, oprichter warrants, 70.627
  • Power of attorney, CALIOPA
  • +6 further facts in this act
26-08
State Gazette act Appointments: Tao Jingwen, Jin Jangbao and Peng Qiuen
Statutes amendment · Capital · Mandate compensation10 facts ▸
  • General meeting, 06/08/2013
  • Statutes amendment
  • Statutes amendment
  • Capital, €3.627.131,34
  • Director appointment, Tao Jingwen (director)
  • Director appointment, Jin Jangbao (director)
  • Director appointment, Peng Qiuen (director)
  • Mandate compensation, Tao Jingwen
  • Mandate compensation, Jin Jangbao
  • Mandate compensation, Peng Qiuen
2012
08-03
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital10 facts ▸
  • General meeting, 10/02/2012
  • Capital increase, €1.300.000
  • Share issue, aandelen op naam, zonder nominale waarde, D
  • Capital, €3.350.312,25
  • Bank account, 09/02/2012
  • Warrant issue, warrant klasse D, 1
  • Warrant issue, anti-dilutiewarrants klasse D, 4
  • Statutes amendment, 13, §4
  • Statutes amendment, 39
  • Correction, 20/12/2010, 2.052.031,20 EUR
2011
05-01
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital7 facts ▸
  • General meeting, 20/12/2010
  • Capital increase, €500.000
  • Share issue, warrants, 150.000
  • Capital increase, €7.812,25
  • Capital, €2.052.031,2
  • Bank account, BNP Paribas Fortis Bank, BE 26 0016 2751 7429
  • Statutes amendment
2010
04-10
State Gazette act Appointment: InnoConsult BVBA (day-to-day manager)
Permanent representative: Martin De Prycker4 facts ▸
  • Board meeting, 30/06/2010
  • Director appointment, InnoConsult BVBA (day-to-day manager)
  • Director appointment, InnoConsult BVBA (chief executive officer)
  • Permanent representative, Martin De Prycker
28-07
State Gazette act Capital & shares · Statutes amendment
Capital · Capital increase · Statutes amendment4 facts ▸
  • General meeting, 12/07/2010
  • Capital, €1.542.500
  • Capital increase
  • Statutes amendment
72.5% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
08-07
State Gazette act Incorporation
Appointments: BAETS Roeland, DEFERM Ludo and 2 others · Permanent representative: DE PRYCKER Martin Louis Florence · Founder15 facts ▸
  • Incorporation, 24-06-2010
  • Founder, DE PRYCKER Martin Louis Florence
  • Founder, VERHAEGEN Karsten Jo Frans
  • Founder, Technology Incubation Management
  • Founder, SCHRAUWEN Jonathan
  • Founder, CHEN Wei
  • Founder, BROUCKAERT Joost
  • Founder, TAILLAERT Dirk Jan
  • Founding capital, €62.500
  • Bank account, BNP Paribas Fortis
  • Director appointment, BAETS Roeland (director)
  • Director appointment, DEFERM Ludo (director)
  • +3 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 directors, last change in 2026
Yu Zheng
Director · since 01-12-2024
Current
Xie Xu
Director · since 13-07-2023
Current
Zhang Lei
Director · since 28-04-2023
Current
SHI Yanli
Director · since 23-07-2017
Not recently confirmed
Liu Haosheng
Day-to-day manager · since 05-09-2013
Not recently confirmed
Jin Jangbao
Director · since 06-08-2013
Not recently confirmed
2 other directors
InnoConsult
Director · since 24-06-2010 · Private limited company · perm. rep.: DE PRYCKER Martin Louis Florence
Not recently confirmed
Zabeau, Marcus Florent Oscar
Director · since 24-06-2010
Not recently confirmed
30-04-2026 Zhang Lei: Mandate renewed as Director
31-12-2025 Yu Zheng: Appointed as Director
31-12-2025 Liu Shaowei: Resigned as Director
01-12-2024 Yu Zheng: Appointed as Day-to-day manager
30-11-2024 Liu Changze: Resigned as Ceo belast met het dagelijks bestuur
Full history in the Timeline (57 changes) →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Leuven · 2 establishment units since 2010
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Philipssite 53001 Leuven
Ground area
1.0 ha
Building footprint
3,242 m²
Volume, LiDAR
47,312 m³
2 parcels, Flanders · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Huawei Technologies Research & Development Belgium NV
Technologiepark-Zwijnaarde 122, 9052 GentManufacture of computer, electronic and optical products
since 20102.189.989.190
Huawei Technologies research & development Belgium
Philipssite 5, 3001 LeuvenManufacture of computer, electronic and optical products
since 20162.264.452.033
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24433E0025/00C002 Flanders 6,606 m² 1 · 2,027 m² 32.0 m · 9 fl.
44082B0100/00H000 Flanders 3,594 m² 1 · 1,214 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
KPMG Bedrijfsrevisoren BV/SRLCurrent
Statutory auditor · represented by Maarten POEL
24-10-2025 → present
Show 3 earlier auditors
Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren BV CVBA
Statutory auditor
succeeded by KPMG Bedrijfsrevisoren CVBA in 2019
11-10-2016 → 24-10-2019
KPMG Bedrijfsrevisoren CVBA
Statutory auditor · represented by Fabian Branswyk
succeeded by KPMG Bedrijfsrevisoren BV/SRL in 2025
24-10-2019 → 24-10-2025
KPMG Réviseurs d'Entreprises
Statutory auditor
succeeded by Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren BV CVBA in 2016
17-06-2015 → 11-10-2016

Articles of association

Purpose
De vennootschap heeft tot voorwerp, in de meest ruime zin, zowel in België als in het buitenland, zowel voor eigen rekening als voor rekening van derden, in commissie, als…
Full purpose

De vennootschap heeft tot voorwerp, in de meest ruime zin, zowel in België als in het buitenland, zowel voor eigen rekening als voor rekening van derden, in commissie, als tussenpersoon of als vertegenwoordiger of in enige vorm van samenwerking met derden: - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van ICT systemen en componenten; - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van halfgeleider topografiën (chips); - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van systemen die halfgeleider topografiën (chips) bevatten; - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van antennes voor communicatie of sensor systemen; - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van elektronische componenten en systemen; - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van optische en/of elektronische technologie en/of software, met inbegrip van, doch zonder limitatief te willen zijn: beeldsensors, op "software defined radio" gebaseerde programmatuur, diensten en geïntegreerde schakelingen, etc.; - Het onderzoek naar, alsook het ontwerp, de ontwikkeling en commercialisering van aangrenzende domeinen, met inbegrip van doch zonder limitatief te willen zijn: materiaalkunde, micromachining, software, algoritmes, chemie en andere, die bijdragen tot meer intelligente en geavanceerde systemen. - Het ontwikkelen, produceren en onderhouden van producten die verband houden met de onderzoeksdomeinen van de vennootschap; - Het verkopen, importeren en/of exporteren van producten die verband houden met de onderzoeksdomeinen van de vennootschap; - Het leveren van diensten met betrekking tot producten die verband houden met de onderzoeksdomeinen van de vennootschap; - Het verstrekken van advies, opleidingen en trainingen, alsook het organiseren van en/of het deelnemen of meewerken aan congressen en andere evenementen; - Het creëren, verwerven, beheren en het uitbaten van, alsook het participeren in, intellectuele eigendomsrechten, licenties, concessies en andere immateriële rechten en activa; - Het uitoefenen van managementfuncties binnen andere ondernemingen; De vennootschap mag in het algemeen, zowel in België als in het buitenland, alle roerende, onroerende, financiële en commerciële verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp. De vennootschap mag alle roerende en onroerende goederen als investering verwerven zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap. De vennootschap mag participaties nemen en investeringen doen door middel van inbreng, leningen, fusie, deelname of anderszins, in bestaande of op te richten vennootschappen of ondernemingen, zowel in België als in het buitenland, die een gelijkaardig doel nastreven of waarvan het doel in verband staat met het hare. Zij kan de functies van lasthebber, bestuurder, zaakvoerder en/of vereffenaar van andere vennootschappen of ondernemingen uitoefenen. Geen van de voormelde opsommingen is beperkend of limitatief bedoeld.

Structure & network

Connections & network

6 connected companies

Acquisitions and mergers

1 transaction
BE 0889.378.152merger by absorption · State Gazette act of 26-07-2016 (2 acts) · effective 07-07-2016

Capital and shareholders

Shareholders according to the acts
After the capital increase act of 26-07-2016 ↗
  • Huawei Tech. Investment Co.
After the capital increase act of 08-03-2012 ↗
  • FIDIMEC 500 shares · 500,000 EUR
  • Baekeland Fonds II 500 shares · 500,000 EUR
  • VLAAMS INNOVATIEFONDS 250 shares · 250,000 EUR
  • August Smeyers 50 shares · 50,000 EUR
After 2 capital increases act of 05-01-2011 ↗
  • Baekeland Fonds II 250 shares · 250 EUR
  • FIDIMEC 250 shares · 250 EUR
  • Martin De Prycker 2,343.75 EUR
  • Karsten Verhaegen 1,718.75 EUR
  • Technology Incubation Management 1,718.75 EUR
  • Dirk Taillaert 507.75 EUR
  • Joost Brouckaert 507.75 EUR
  • Jonathan Schrauwen 507.75 EUR
  • Wei Chen 507.75 EUR
After the capital increase act of 28-07-2010 ↗
  • Universiteit Gent
  • IMEC vzw
At incorporation act of 08-07-2010 ↗
  • DE PRYCKER Martin Louis Florence founder
  • VERHAEGEN Karsten Jo Frans founder
  • Technology Incubation Management (BE 0823.609.083) founder
  • SCHRAUWEN Jonathan founder
  • CHEN Wei founder
  • BROUCKAERT Joost founder
  • TAILLAERT Dirk Jan founder

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 16-12-2020 Capital stated in the act · 4,326,806.34 EUR · 4,739,539 shares
  2. 20-01-2017 Capital increase of 699,675 EUR · to 4,326,806.34 EUR · 602,098 new shares
  3. 26-07-2016 Capital increase of 576,346.44 EUR · to 4,203,477.78 EUR · 602,098 new shares
  4. 26-08-2013 Capital increase of 76,819.09 EUR · to 3,427,131.34 EUR
  5. 26-08-2013 Capital increase of 200,000 EUR · to 3,627,131.34 EUR
  6. 08-03-2012 Capital increase of 1,300,000 EUR · to 3,350,312.25 EUR
  7. 05-01-2011 Capital increase of 500,000 EUR · to 2,042,500 EUR · 500 new shares
  8. 05-01-2011 Capital increase of 7,812.25 EUR
Show 2 older capital entries
  1. 28-07-2010 Capital increase · 300,000 new shares
  2. 08-07-2010 Incorporation · 62,500 EUR · 500,000 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 4,644 EUR awarded · 4,644 EUR paid
Year Entries awardedpaid
2025 1 895 EUR895 EUR
2023 1 1,534 EUR1,534 EUR
2022 1 2,215 EUR2,215 EUR
Schemes
Vlaams opleidingsverlof (VOV)
3 entries · 4,644 EUR · 4,644 EUR paid · Departement Werk en Sociale Economie

European research

3 projects · 807,595 EUR EU contribution
Programmes
Horizon 2020
2 entries · 807,595 EUR
Horizon Europe
1 entry
Projects
Transfer-print operations for heterogeneous integration
Horizon 2020 · participant · 02-02-2015 to 01-08-2018 · 631,250 EUR · TOP HIT
Pilot line for micro-transfer-printing of functional components on wafer level
Horizon 2020 · participant · 01-04-2017 to 30-09-2020 · 176,345 EUR · MICROPRINCE
INDIVIDUALISED CARE FROM EARLY RISK OF CARDIOVASCULAR DISEASE TO ESTABLISHED HEART FAILURE
Horizon Europe · associated partner · 01-10-2023 to 31-03-2028 · iCARE4CVD

Similar companies · same sector, comparable size

Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 183 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded29-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
26110Manufacture of computer, electronic and optical products
74999Other professional, scientific and technical activities
26300Manufacture of computer, electronic and optical products
46500Wholesale of information and communication equipment
62900Other information technology and computer services
72109Other research and development on natural sciences
77400Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.