ACTIVE

ZTE BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result702,3 k €+71,6 %over 1 year
Revenue27,9 M €+117,9 %over 1 year
Equity4,6 M €+18,1 %over 1 year
Workforce22,2 ETP+31,4 %over 1 year

Identity

Source · BCE/KBO

ZTE BELGIUM is a Public limited company incorporated in 2010. Its registered office is in Woluwe-Saint-Lambert. It employs on average 22,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0825.526.022
Incorporation
30/04/2010
Legal form
Public limited company
Registered office
Rue de Bretagne 24
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital
1 511 500,00 €
Latest accounts
31/12/2025
Average workforce
22,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue27,9 M €12,8 M €9,9 M €14 M €11,9 M €
EBITDA932,9 k €335,5 k €-46,9 k €638 k €400,6 k €
Operating result928,4 k €335,9 k €235 k €340,7 k €216,2 k €
Net result702,3 k €409,1 k €336,8 k €185,6 k €99,3 k €
Balance sheet
Equity4,6 M €3,9 M €5,5 M €5,1 M €5 M €
Total assets21,8 M €14,6 M €10,5 M €12,7 M €8,6 M €
Cash2,7 M €2,2 M €1 M €1,4 M €881,2 k €
Debts17,2 M €10,7 M €4,9 M €7,1 M €3,7 M €
Other
Workforce22,2 ETP16,9 ETP19,7 ETP25,7 ETP35,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 22 ended

Active mandates

Liu Xinbo

Managing director · since 02 novembre 2024 · until 21 juin 2027

Active
Jia Cui

Director · since 29 décembre 2021 · until 21 juin 2027

Active
Li Hongming

Managing director · since 29 décembre 2021 · until 21 juin 2027

Active

Ended mandates

Jianbo Wang

Managing director · since 07 mars 2023 · until 25 septembre 2024

Ended
Wang Jianbo

Director · since 07 mars 2023 · until 15 juin 2026

Ended
Wang Jianbo

Managing director · since 07 mars 2023 · until 15 juin 2026

Ended
Wu Huan

Director · since 09 février 2023 · until 30 juin 2023

Ended

Other companies at this address

Rue de Bretagne 24 1200 Woluwe-Saint-Lambert
CompanyCBE no.
HOMELAND● Active
0795.164.032
MANAGIMM● Active
0824.013.713
POLIVALENT● Active
0891.172.553
0768.547.232
SYPLUS● Active
0424.632.049
0547.925.284
0745.382.840

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/05/202619/05/202507/05/202429/06/202328/06/202230/06/2021
General meeting30/04/202630/04/202530/04/202419/06/202320/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/04/202605/05/2026DutchPDF
Full model31/12/202430/04/202519/05/2025DutchPDF
Full model31/12/202330/04/202407/05/2024DutchPDF
Full model31/12/202219/06/202329/06/2023DutchPDF
Full model31/12/202120/06/202228/06/2022DutchPDF
Full model31/12/202021/06/202130/06/2021DutchPDF
Full model31/12/201930/06/202008/07/2020DutchPDF
Full model31/12/201828/06/201905/07/2019DutchPDF
Full model31/12/201706/07/201816/07/2018DutchPDF
Full model31/12/201619/06/201717/07/2017DutchPDF
Full model31/12/201520/06/201602/08/2016DutchPDF
Full model31/12/201430/06/201523/07/2015DutchPDF
Full model31/12/201330/06/201414/07/2014DutchPDF
Full model31/12/201215/11/201327/12/2013DutchPDF
Full model31/12/201131/07/201220/08/2012DutchPDF
Full model31/12/201006/09/201130/09/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025

3 active · 22 ended

Active mandates

Liu Xinbo

Managing director · since 02 novembre 2024 · until 21 juin 2027

Active
Jia Cui

Director · since 29 décembre 2021 · until 21 juin 2027

Active
Li Hongming

Managing director · since 29 décembre 2021 · until 21 juin 2027

Active

Ended mandates

Jianbo Wang

Managing director · since 07 mars 2023 · until 25 septembre 2024

Ended
Wang Jianbo

Director · since 07 mars 2023 · until 15 juin 2026

Ended
Wang Jianbo

Managing director · since 07 mars 2023 · until 15 juin 2026

Ended
Wu Huan

Director · since 09 février 2023 · until 30 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025702,3 k €↑
  2. 30/04/2025
    reconductionBeirnaert Dominik — commissaris
  3. 2024
    Annual accounts 2024409,1 k €↑
  4. 01/10/2024
    nominationDominik Beirnaert — vaste vertegenwoordiger commissaris
  5. 26/09/2024
    nominationXinbo LIU — bestuurder
  6. 2023
    Annual accounts 2023336,8 k €↑
  7. 07/03/2023
    nominationWANG Jianbo — bestuurder
  8. 07/02/2023
    nominationWU Huan — bestuurder
  9. 2023
    Name changeZTE Belgium (jaarrekening)
  10. 2022
    Annual accounts 2022185,6 k €↑
  11. 2021
    Annual accounts 202199,3 k €↓
  12. 2021
    Name changeZTE Belgium
  13. 2020
    Annual accounts 2020194,7 k €↑
  14. 2019
    Annual accounts 201939,3 k €↓
  15. 2018
    Annual accounts 2018728,7 k €↓
  16. 2017
    Annual accounts 20171,3 M €↑
  17. 2016
    Annual accounts 2016232,9 k €↑
  18. 2015
    Annual accounts 2015161,2 k €↓
  19. 2014
    Annual accounts 2014437,8 k €↑
  20. 2013
    Annual accounts 2013257,8 k €↑
  21. 2012
    Annual accounts 2012171,3 k €↑
  22. 2011
    Annual accounts 201140,8 k €↑
  23. 2010
    Annual accounts 2010-242,7 k €
  24. 30/04/2010
    IncorporationPublic limited company