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Huawei Technologies (Belgium)

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Financial year 2024 · Closed on 31/12/2024

Net result1,5 M €+8,1 %over 1 year

Revenue54,9 M €+11,8 %over 1 year

Equity8,7 M €+20,4 %over 1 year

Workforce51,7 ETP-4,4 %over 1 year

Identity

Source · BCE/KBO

Huawei Technologies (Belgium) is a Public limited company incorporated in 2014. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Woluwe-Saint-Pierre. It employs on average 51,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0550.614.956
Incorporation: 14/04/2014
Legal form: Public limited company
Registered office: Boulevard de la Woluwe 2
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital: 5 277 304,12 €
Latest accounts: 31/12/2024
Average workforce: 51,7 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46520Wholesale of electronic and telecommunications equipment and parts 61100Wired telecommunications activities 61200Wireless telecommunications activities 46500Wholesale of information and communication equipment 46510Wholesale of computers, computer peripheral equipment and software+4

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 10 filings

Trend over 9 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	54,9 M €	+11.8%	49,1 M €	-10.0%	54,5 M €	-10.8%	61,1 M €	-49.4%	120,8 M €
EBITDA	2,5 M €	+3.8%	2,5 M €	-28.3%	3,4 M €	-6.5%	3,7 M €	-25.7%	4,9 M €
Operating result	2 M €	+19.2%	1,7 M €	-36.8%	2,7 M €	-2.2%	2,8 M €	-32.6%	4,1 M €
Net result	1,5 M €	+8.1%	1,4 M €	-18.1%	1,7 M €	-8.4%	1,8 M €	-29.5%	2,6 M €
Balance sheet
Equity	8,7 M €	+20.4%	7,2 M €	-42.8%	12,6 M €	-18.3%	15,4 M €	+13.3%	13,6 M €
Total assets	32,6 M €	+18.8%	27,5 M €	-32.5%	40,7 M €	-7.7%	44,1 M €	-20.8%	55,6 M €
Cash	10,2 M €	+331%	2,4 M €	-82.4%	13,5 M €	-17.2%	16,3 M €	-36.0%	25,4 M €
Debts	18,9 M €	+15.1%	16,5 M €	-33.0%	24,6 M €	-3.6%	25,5 M €	-37.2%	40,6 M €
Other
Workforce	51,7 ETP	-4.4%	54,1 ETP	-22.2%	69,5 ETP	-5.6%	73,6 ETP	-22.5%	95,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 25 ended

Active mandates

Zhaohui Liu

Director · since 01 juin 2025 · until 31 mai 2028

Active

Qian Kun

Managing director · since 01 juin 2024 · until 01 juin 2027

Active

Xu Xie

Director · since 01 octobre 2023 · until 31 mars 2026

Active

Wenqi Song

Director · since 01 avril 2023 · until 01 juin 2024

Active

Xin Wang

Director · since 01 juin 2022 · until 01 juin 2025

Active

Ended mandates

Xu Xie

Director · since 01 octobre 2023 · until 08 mai 2026

Ended

Wenqi Song

Director · since 01 avril 2023 · until 08 mai 2026

Ended

Xin Wang

Director · since 01 juin 2022 · until 09 mai 2025

Ended

Kun Qian

Managing director · since 27 décembre 2021 · until 26 novembre 2024

Ended

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Boulevard de la Woluwe 2 1150 Woluwe-Saint-Pierre

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Rentmore● Active	0643.660.821
ROOSEVELT CONSTRUCTION● Active	0629.753.296
ROOSEVELT INVEST● Active	0629.753.395
SILVER INVEST● Active	0793.266.295
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SOUVERAIN 23 LAND● Active	0736.434.886
SYNMORE● Active	1032.677.836

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/04/2026	13/06/2024	10/08/2023	03/06/2022	02/07/2021	22/06/2020
General meeting	06/03/2026	10/05/2024	12/05/2023	13/05/2022	07/06/2021	01/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	06/03/2026	08/04/2026	Dutch	PDF
Full model	31/12/2023	10/05/2024	13/06/2024	Dutch	PDF
Full model	31/12/2022	12/05/2023	10/08/2023	Dutch	PDF
Full model	31/12/2021	13/05/2022	03/06/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	02/07/2021	Dutch	PDF
Full model	31/12/2019	01/06/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	22/08/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	17/07/2018	Dutch	PDF
Full model	31/12/2016	28/04/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	29/04/2016	25/05/2016	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 25 ended

Active mandates

Zhaohui Liu

Director · since 01 juin 2025 · until 31 mai 2028

Active

Qian Kun

Managing director · since 01 juin 2024 · until 01 juin 2027

Active

Xu Xie

Director · since 01 octobre 2023 · until 31 mars 2026

Active

Wenqi Song

Director · since 01 avril 2023 · until 01 juin 2024

Active

Xin Wang

Director · since 01 juin 2022 · until 01 juin 2025

Active

Ended mandates

Xu Xie

Director · since 01 octobre 2023 · until 08 mai 2026

Ended

Wenqi Song

Director · since 01 avril 2023 · until 08 mai 2026

Ended

Xin Wang

Director · since 01 juin 2022 · until 09 mai 2025

Ended

Kun Qian

Managing director · since 27 décembre 2021 · until 26 novembre 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other03/07/2026
—
PDF
Mandates25/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/03/2024
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

01/06/2025
nominationLiu Zhaohui — bestuurder
2024
Annual accounts 20241,5 M €↑
26/11/2024
nominationLiu Xin — Algemeen Directeur, belast met het dagelijks bestuur
26/09/2024
nominationMaarten Poel — vaste vertegenwoordiger commissaris
01/06/2024
nominationQian Kun — bestuurder
10/05/2024
nominationFabian Branswyk — commissaris (vaste vertegenwoordiger)
2023
Annual accounts 20231,4 M €↓
01/10/2023
nominationXie Xu — bestuurder
01/04/2023
nominationSong Wenqi — bestuurder
2022
Annual accounts 20221,7 M €↓
01/06/2022
nominationXin Wang — bestuurder
2021
Annual accounts 20211,8 M €↓
2020
Annual accounts 20202,6 M €↓
2019
Annual accounts 20194,1 M €↓
2018
Annual accounts 20184,7 M €↑
2017
Annual accounts 20173,7 M €↓
2016
Annual accounts 20166,8 M €
14/04/2014
IncorporationPublic limited company

Huawei Technologies (Belgium)

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline