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CHAI

Active
Private limited companyfounded 2024active for 2 yearsSteenstraat 51, 1000 Brussel, BelgiumKBO/BCE: BE 1010.107.124
Summary

CHAI has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,956 and a net result of -€3,060. Its solvency ranks better than 95% of 4,746 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
1 site
Size
€124,125turnover 2025
Equity
€20,956
Loss
-€3,060
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts 1 day early
Why 66raises riskFounded in 2024Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 9.49, cash €13,917Equity €20,956 (89.5% of total assets)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 60% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 89.5% of total assets
Liquidity 100=
short-term debt 10.5% · cash 59.4%
Profitability 5-95
return on assets -13.1%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)
Last 24 months 07-2025: 4.1%highest value 08-2025: 0.7%▼ -3.4 percentage points vs 07-2025lowest value 09-2025: 0.7%● unchanged vs 08-2025lowest value 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.2 percentage points vs 06-2026 08-2026: 1.2%▲ +0.1 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 9.49, compared with 9.29 in 2024, above the usual 1.5; short-term debt: 10.5% and cash: 59.4% of total assets), and 10.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 94% on solvency, 98% on liquidity, 19% on profitability and 29% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 9.49, cash €13,917
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Equity €20,956 (89.5% of total assets)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Appointment: ChonladaPloysuk (administrateurnonstatutaire)Shareholding

Financials · financial year 2025, abbreviated format

Turnover
€124,125
EBIT margin
-2.5%
Net result
-€3,060
2024 · €21,016
Working capital
€20,956▼ 12.7%
2024 · €24,016
Trend over the years

2024 to 2025, 2 financial years

The operating result turns negative in 2025: a loss of €3,060 after €22,145 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,060 2025 Net result-€3,060 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Turnover€124,125
Operating result€22,145--€3,060
Net result€21,016within the sector's middle half--€3,060within the sector's middle half
EBIT margin-2.5%
Equity€24,016below the sector's middle half-€20,956within the sector's middle half▼ 12.7%
Total assets€26,913below the sector's middle half-€23,424below the sector's middle half▼ 13.0%
Debt€2,897-€2,468▼ 14.8%
Working capital€24,016within the sector's middle half-€20,956within the sector's middle half▼ 12.7%
Solvency89.2%above the sector's middle half-89.5%above the sector's middle half▲ 0.2pp
Current ratio9.29above the sector's middle half-9.49above the sector's middle half▲ 0.20
Return on assets (ROA)78.1%above the sector's middle half--13.1%below the sector's middle half▼ 91.2pp
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €23,424
Equity €20,956 ▼ 12.7%
Debt €2,468 ▼ 14.8%
Debt's share of the balance-sheet total falls from 10.8% to 10.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.12▼
2024 · 0.12
ROE
-14.6%▼
2024 · 87.5%
Debt ≤ 1 year
€2,468▼
2024 · €2,897
Staff costs
€19,848▲
2024 · €7,948
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 87.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
87.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€26,913€23,424▼
Current assets29/58€26,913€23,424▼
Amounts receivable within one year40/41€3,623€9,508▲
Other amounts receivable41€3,623€9,508▲
Cash at bank and in hand54/58€23,290€13,917▼
Equity and liabilities
Total equity and liabilities10/49€26,913€23,424▼
Equity10/15€24,016€20,956▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€21,016€17,956▼
Amounts payable17/49€2,897€2,468▼
Amounts payable within one year42/48€2,897€2,468▼
Trade debts44€1,571€1,339▼
Suppliers440/4€1,571€1,339▼
Taxes, remuneration and social security45€1,326€1,130▼
Taxes450/3€1,326€1,130▼
Income statement Code20242025
Turnover70-€124,125
Goods, raw materials, services and sundry goods60/61-€102,358
Remuneration, social security and pensions62€7,948€19,848▲
Other operating charges640/8€30,089€1,979▼
Gross operating margin9900€60,181€18,767▼
Operating profit (loss)9901€22,145-€3,060▼
Financial charges65/66B€1,129-
Recurring financial charges65€1,129-
Profit (loss) for the period before taxes9903€21,016-€3,060▼
Profit (loss) for the period9904€21,016-€3,060▼
Profit (loss) for the period to be appropriated9905€21,016-€3,060▼
Appropriation of the result
Profit (loss) to be appropriated9906€21,016€17,956▼
Profit (loss) brought forward from the previous period14P-€21,016

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70-€124,125-
Goods, raw materials, services and sundry goods60/61-€102,358-
Remuneration, social security and pensions62€7,948€19,848▲ 150%
Other operating charges640/8€30,089€1,979▼ 93.4%
Gross operating margin9900€60,181€18,767▼ 68.8%
Operating profit (loss)9901€22,145-€3,060-
Financial charges65/66B€1,129--
Recurring financial charges65€1,129--
Profit (loss) for the period before taxes9903€21,016-€3,060-
Profit (loss) for the period9904€21,016-€3,060-
Profit (loss) for the period to be appropriated9905€21,016-€3,060-
Line20242025Change
Assets
Total assets20/58€26,913€23,424▼ 13.0%
Current assets29/58€26,913€23,424▼ 13.0%
Amounts receivable within one year40/41€3,623€9,508▲ 162%
Other amounts receivable41€3,623€9,508▲ 162%
Cash at bank and in hand54/58€23,290€13,917▼ 40.2%
Equity and liabilities
Total equity and liabilities10/49€26,913€23,424▼ 13.0%
Equity10/15€24,016€20,956▼ 12.7%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€21,016€17,956▼ 14.6%
Amounts payable17/49€2,897€2,468▼ 14.8%
Amounts payable within one year42/48€2,897€2,468▼ 14.8%
Trade debts44€1,571€1,339▼ 14.8%
Suppliers440/4€1,571€1,339▼ 14.8%
Taxes, remuneration and social security45€1,326€1,130▼ 14.8%
Taxes450/3€1,326€1,130▼ 14.8%
Line20242025Change
Profit (loss) for the period9904€21,016-€3,060-
Operating cash flow (approximation)€21,016-€3,060-
Change in cash--€9,373-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-07-2026 2026-00359316
31-12-2024 abbreviated format 30-07-2025 2025-00342981

Similar companies · same sector, comparable size

Of the 21,400 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 9,842. 8,168 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 1 in day-to-day management, no change since 2024

Board 2

BOOTTAWONG Rattachai
Director (not named in the articles) · since 10-06-2024
Current
ChonladaPloysuk
Administrateurnonstatutaire · since 01-08-2024
Current

Day-to-day management 1

ChonladaPloysuk
Déléguéàlagestionjournalière · since 01-08-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • Day-to-day management
Mandates per person, with start and end dates
Name Functions and periods
BOOTTAWONG Rattachai
  • Director (not named in the articles), from 10-06-2024 to date
ChonladaPloysuk
  • Administrateurnonstatutaire, from 01-08-2024 to date
  • Déléguéàlagestionjournalière, from 01-08-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 20-08-2024 ↗
  • BoottawongRattachai 45 shares
  • ChonladaPloysuk 45 shares
  • WillershausenNusara 10 shares
At incorporation act of 10-06-2024 ↗

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

Capital over the years
  1. 10-06-2024 Incorporation · €5,000
  2. 10-06-2024 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

CHAI was incorporated on 6 June 2024 as a private limited company by two natural persons, with a starting capital of €5,000.12 The board currently has 2 members; BOOTTAWONG Rattachai has served longest, since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
30-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
20-08
Gazette deed Appointment: ChonladaPloysuk (administrateurnonstatutaire)
Shareholding7 facts ▸
  • General meeting, 01-08-2024
  • Director appointment, ChonladaPloysuk (administrateurnonstatutaire)
  • Board meeting, 31-07-2024
  • Director appointment, ChonladaPloysuk (déléguéàlagestionjournalière)
  • Shareholding, “parts”, 45 (deed in French) (2 times)
  • Shareholding, “parts”, 10 (deed in French)
  • Other provision, “copie à publier aux annexes, après dépôt de l'acte au greffe” (deed in French)
10-06
Gazette deed Incorporation
Appointment: BOOTTAWONG Rattachai (director) · Founding capital · Founder18 facts ▸
  • Incorporation, “CHAI” (deed in French)
  • Founding capital, €5,000 (2 times)
  • Founder, BOOTTAWONG Rattachai
  • Founder, PLOYSUK Chonlada
  • Power of attorney, Nele LEYS (mandataire)
  • Declaration, “registre national des personnes physiques, certification_exactitude_identité_comparants” (deed in French)
  • Declaration, “capacité_et_compétence_du_comparant, le comparant” (deed in French)
  • Declaration, 17-05-2024
  • Declaration, “avertissement_responsabilité_fondateurs, faillite_dans_les_trois_ans_de_l'acquisition_personnalité_juridique” (deed in French)
  • Shareholding, 50, 2500 (2 times)
  • Bank account, “non_précisée”, 5000 (deed in French)
  • Other provision, “arrêté_des_statuts_par_le_comparant” (deed in French)
  • +6 further facts in this act
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded06-06-2024
Financial year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010107124
Also 9925:BE1010107124
Registered 04-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brusselunit no. 2.362.549.321
1 permission
Authorisation · Eetgelegenheid · since 23-08-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
34 m²
Building footprint
33 m²
Building volume
417 m³
Parcel 21004A0756/00A000, Brussels · tallest building 14.5 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
CHAI
Steenstraat 51, 1000 BrusselLimited-service restaurants, excluding mobile food services
since 2024unit no. 2.362.549.321
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21004A0756/00A000 Brussels 34 m² 1 · 33 m² 14.5 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L'exploitation de service de cuisine rapide ou de petite restauration,snack bar,friterie,débit de boissons,restaurant,taverne…” (deed in French)
12 activities (deed in French)
  1. L'exploitation de service de cuisine rapide ou de petite restauration,snack bar,friterie,débit de boissons,restaurant,taverne
  2. L'exploitation d'un ou de salon(s) de coiffure,d'un ou de(s) centre(s) d'esthétique et de bien-être avec soins du corps,du visage,pédicure,manucure,stylisme d'ongles,de massage,d'entretien corporel et de tous autres soins se rapportant à l'esthétique
  3. La vente de produits de beauté et ce soins en général et de produits capillaires
  4. L'exploitation de centres de bronzage et de solarium et la vente de produits liés à cet objet
  5. Le transport de personnes et marchandises
  6. L'exploitation de salons lavoirs
  7. Le nettoyage de locaux,de vitres,de chantiers,de façades
  8. L'importation et l'exportation,l'achat et la vente,en détail et en gros,les marchés publics de l'alimentation générale,confiserie,chocolats,tabacs,alcools,fleurs,plantes,articles de souvenir,articles de décoration,textiles pour hommes,dames et enfants,chaussures,articles en cuir,maroquinerie,articles en fourrure,articles et vêtements de sport,bijouterie de fantaisie,vaisselle,hifi,GSM et accessoires GSM,matériel électrique,articles ménagers,matériel informatique,tapis,moquettes,matelas,équipement du foyer,articles d'ameublement
  9. L'achat et la vente,l'importation et l'exportation de voitures neuves ou d'occasion
  10. L'exploitation de librairie
  11. L'exploitation de car-wash et de pompes à essence
  12. L'exploitation de cabines téléphoniques

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
CHAI
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région_de_Bruxelles-Capitale, sièges_administratifs_agences_ateliers_dépôts_succursales_en_Belgique_et_étranger_par_organe_d'administration” (deed in French)

deed of 10-06-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 12. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation durée, 1” (deed in French)
“Loi et statuts réservent assemblée générale, totalité pouvoirs administration” (deed in French)
“Frais généraux, assemblée générale” (deed in French)

deed of 10-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs, chacun des actionnaires” (deed in French)

deed of 10-06-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause, quelque moment” (deed in French)

deed of 10-06-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Actions_nouvelles_en_numéraire_offertes_par_préférence_aux_existants_proportionnellement, droit_de_préférence_apport_en_numéraire” (deed in French)
Other provision: “Gestion journalière, tout temps par organe d'administration” (deed in French)
Other provision: “Contrôle de la société, lorsque loi exige et limites prévues” (deed in French)
Other provision: “Toutes décisions relevant du pouvoir de l'assemblée générale, assemblée générale par procédure écrite” (deed in French)
Other provision: “Moyen de communication électronique mis à disposition par société, assemblées générales électroniques” (deed in French)
Other provision: “Admission à l'assemblée générale, droits afférents ne peuvent pas être suspendus” (deed in French)
Other provision: “Administrateur ou à défaut actionnaire présent détenant plus d'actions ou en cas parité plus âgé, séances procès-verbaux” (deed in French)
Other provision: “Délibérations vote, sous réserve dispositions légales actions sans droit de vote” (deed in French)
Other provision: “Prorogation_assemblée_générale, séance tenante” (deed in French)
Other provision: “Répartition_bénéfice_réserves, assemblée générale” (deed in French)
Other provision: “Préservation_patrimoine_distributions, affectation bénéfice et montant distributions” (deed in French)
Liquidation distribution: “Proportion actions, même proportion” (deed in French)
Other provision: “Siège, élection_domicile” (deed in French)
Other provision: “Compétence_judiciaire, société,actionnaires,administrateurs,commissaires,liquidateurs relatifs affaires société et exécution statuts” (deed in French)
Other provision: “Droit commun, censées non écrites” (deed in French)
2 more provisions in the deed, see the deed of 10-06-2024

deed of 10-06-2024