MAI THAI
ActiveMAI THAI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €357k and a net result of €2k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+1
Solvency87=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 2.53 in 2023; short-term debt: 38.3% and cash: 0.4% of total assets), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
42 d early
2022
26 d early
2021
30 d late
2020
87 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€357k▲ 0.5%
2023 · €356k
2018: €521k
2019: €554k
2021: €383k
2022: €360k
2023: €356k
2018 → 2024
Total assets
€580k▲ 0.5%
2023 · €577k
2018: €774k
2019: €655k
2021: €612k
2022: €582k
2023: €577k
2018 → 2024
Net result
€2k
2023 · €-4k
2018: €81k
2019: €34k
2021: €-4k
2022: €-23k
2023: €-4k
2018 → 2024
Working capital
€341k▲ 0.3%
2023 · €340k
2018: €334k
2019: €469k
2021: €366k
2022: €344k
2023: €340k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€554k-€383k▼ 31.0%€360k▼ 6.0%€356k▼ 1.1%€357k▲ 0.5%
Operating result€71k-€-5k€-26k▼ 373%€-6k▲ 75.6%€-899▲ 85.6%
Net result€34k-€-4k€-23k▼ 461%€-4k▲ 82.3%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €899 in 2024 against €6k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €580k
Fixed assets
€17k▲ 6.8%
Current assets
€563k▲ 0.3%
Equity and liabilities €580k
Equity
€357k▲ 0.5%
Debt
€222k▲ 0.4%
The debt ratio stays at 38.3%.
Key figures and ratios
EBITDA
€-587▲
2023 · €-6k
Cash flow
€2k▲
2023 · €-4k
Solvency
61.7%▲
2023 · 61.6%
Current ratio
2.53▼
2023 · 2.53
Quick ratio
2.53▼
2023 · 2.53
Debt / equity
0.62▼
2023 · 0.62
ROE
0.5%▲
2023 · -1.1%
ROA
0.3%▲
2023 · -0.7%
Interest coverage
-4.40▲
2023 · -16.64
Debt
€222k▲
2023 · €221k
Debt ≤ 1 year
€222k▲
2023 · €221k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€577k€580k▲
Fixed assets21/28€16k€17k▲
Tangible fixed assets22/27€16k€17k▲
Land and buildings22€15k€15k=
Plant, machinery and equipment23€365€197▼
Other tangible fixed assets26-€1k
Current assets29/58€561k€563k▲
Amounts receivable within one year40/41€560k€561k=
Other amounts receivable41€560k€561k=
Cash at bank and in hand54/58€667€2k▲
Equity and liabilities
Total equity and liabilities10/49€577k€580k▲
Equity10/15€356k€357k▲
Contributions10/11€14k€14k=
Reserves13€446k€446k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€446k€446k=
Profit (loss) carried forward14€-104k€-102k▲
Amounts payable17/49€221k€222k▲
Amounts payable within one year42/48€221k€222k▲
Financial debts43€221k€221k=
Credit institutions430/8€221k€221k=
Trade debts44€152€0▼
Suppliers440/4€152€0▼
Other amounts payable47/48-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€168€312▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-4k€2k▲
Operating profit (loss)9901€-6k€-899▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€364€133▼
Recurring financial charges65€364€133▼
Profit (loss) for the period before taxes9903€-4k€2k▲
Profit (loss) for the period9904€-4k€2k▲
Profit (loss) for the period to be appropriated9905€-4k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-102k▲
Profit (loss) brought forward from the previous period14P€-100k€-104k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 343 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 707 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 7.33
Current ratio from 2.33 to 7.33; short-term debt falls from €251k to €74k.
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2004
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.
Brouwersvliet 182000 AntwerpenGround area
125 m²
Building footprint
109 m²
Volume, LiDAR
1,658 m³
Parcel 11002A0166/00G000, Flanders · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MAI THAI
since 20042.144.359.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A0166/00G000 | Flanders | 125 m² | 1 · 109 m² | 15.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SUSHI DSC
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Ventura
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A L'OREE DU BOIS
BE 0886.034.325
Visé · Eq €357k
DDEE
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Gent · Eq €356k
JC DELICIOUS
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Sint-Genesius-Rode · Eq €359k
Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 5,300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2004
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/36 28 44