PANACHAI
ActivePANACHAI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €12k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 72% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+15
Solvency81▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.19 in 2024; short-term debt: 39.9% and cash: 17.1% of total assets), and 43.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 31-05-2025 was due by 31-12-2025 and was filed on 22-12-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
11 d early
2023
8 d early
2022
11 d early
2021
11 d early
2020
8 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close22-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 46.1%
2024 · €25k
2019: €5k
2020: €17k
2021: €39k
2022: €26k
2023: €22k
2024: €25k
2019 → 2025
Total assets
€66k▲ 7.8%
2024 · €61k
2019: €33k
2020: €36k
2021: €49k
2022: €44k
2023: €54k
2024: €61k
2019 → 2025
Net result
€12k▲ 217%
2024 · €4k
2019: €3k
2020: €12k
2021: €22k
2022: €-13k
2023: €-4k
2024: €4k
2019 → 2025
Working capital
€19k▲ 204%
2024 · €6k
2019: €-16k
2020: €168
2021: €27k
2022: €17k
2023: €7k
2024: €6k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€26k▼ 32.8%€22k▼ 17.0%€25k▲ 17.0%€37k▲ 46.1%
Operating result€23k-€-11k€-5k▲ 51.4%€3k€12k▲ 246%
Net result€22k-€-13k€-4k▲ 65.1%€4k€12k▲ 217%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 246% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€20k▼ 6.2%
Current assets
€46k▲ 15.4%
Equity and liabilities €66k
Equity
€37k▲ 46.1%
Debt
€29k▼ 19.4%
The debt ratio falls from 58.6% to 43.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €11k
Cash flow
€17k▲
2024 · €11k
Solvency
56.2%▲
2024 · 41.4%
Current ratio
1.74▲
2024 · 1.19
Quick ratio
1.65▲
2024 · 1.17
Debt / equity
0.78▼
2024 · 1.41
ROE
31.6%▲
2024 · 14.5%
ROA
17.7%▲
2024 · 6.0%
Interest coverage
53.78▲
2024 · 17.28
Debt
€29k▼
2024 · €36k
Debt ≤ 1 year
€26k▼
2024 · €33k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€61k€66k▲
Fixed assets21/28€22k€20k▼
Tangible fixed assets22/27€21k€20k▼
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€427€93▼
Other tangible fixed assets26€12k€10k▼
Financial fixed assets28€90€90=
Current assets29/58€40k€46k▲
Stocks and contracts in progress3€569€2k▲
Stocks30/36€569€2k▲
Amounts receivable within one year40/41€36k€32k▼
Trade receivables40€8k€5k▼
Other amounts receivable41€28k€27k▼
Cash at bank and in hand54/58€3k€11k▲
Deferred charges and accrued income490/1€206-
Equity and liabilities
Total equity and liabilities10/49€61k€66k▲
Equity10/15€25k€37k▲
Contributions10/11€52k€52k=
Profit (loss) carried forward14€-26k€-15k▲
Amounts payable17/49€36k€29k▼
Amounts payable within one year42/48€33k€26k▼
Trade debts44€19k€15k▼
Suppliers440/4€19k€15k▼
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€8k€7k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8€1k€727▼
Gross operating margin9900€12k€18k▲
Operating profit (loss)9901€3k€12k▲
Financial income75/76B€854-
Recurring financial income75€854-
Financial charges65/66B€641€322▼
Recurring financial charges65€641€322▼
Profit (loss) for the period before taxes9903€4k€12k▲
Profit (loss) for the period9904€4k€12k▲
Profit (loss) for the period to be appropriated9905€4k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-15k▲
Profit (loss) brought forward from the previous period14P€-30k€-26k▲
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
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
2023
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Weakest financial yearnet €-13k ▼158%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-05
Financial
Highest result since 2019net €22k ▲87.3%
Operating result €23k, net result €22k, both a record.
31-05
Financial
Liquidity quadruplescurrent ratio 4.53
Current ratio from 1.01 to 4.53; short-term debt falls from €16k to €8k.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-05
Financial
Liquidity triplescurrent ratio 1.01
Current ratio from 0.34 to 1.01; short-term debt falls from €24k to €16k.
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lede · 1 establishment unit since 2007
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.
Stokstraat 29340 LedeGround area
512 m²
Building footprint
332 m²
Volume, LiDAR
1,277 m³
Parcel 41034F0598/00R000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CHALOM THAI
since 20072.162.961.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034F0598/00R000 | Flanders | 512 m² | 1 · 332 m² | 7.9 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLede2.162.961.032
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EURO TRADING
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,454 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2007
Fiscal year end31-05
Trade name NL
CHALOM THAI
Activities, NACEBEL
55301
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:09/324.41.41