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PATTAYA

Active
Private limited companyfounded 2002active for 24 yearsHooiwege 49, 9940 Evergem, BelgiumKBO/BCE: BE 0477.775.676
Summary

The computed 12-month bankruptcy probability of PATTAYA is 3.7% (moderate). The 2025 annual accounts show equity of €121,520 and a net result of -€8,886. Equity has been growing by about 45% per year since 2019. Its solvency ranks better than 45% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-06-2002 Normal situation
Activity
Full-service restaurants NACE 56111
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2025
Establishment unit
2.132.632.102 9940 Evergem, since 14-06-2002
Financial year end
31 March
Peppol
Reachable since 03-12-2025

Board and ownership

Board

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Annual accounts to 31-03-2025
Gross margin
€361,318
▲ 2.2%
Turnover
≈ €850,000
estimated
Loss
€8,886
Equity
€121,520
▼ 6.8%
Total assets
€477,142
▲ 27.1%
Employees on 31-03-2025
6
▼ 75.0%
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskSize: 9.5 FTE, total assets €477,1421 financial year not filed after the legal deadline; last filed accounts filed 33 days late; 1 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Figures for financial year 2025 (filed on 03-12-2025)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 50-10
equity 25.5% of total assets
Liquidity 14-54
short-term debt 70.1% · cash 1.4%
Profitability 40-37
return on assets -1.9%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.2 percentage points vs 10-2025 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 2.7%▲ +2.1 percentage points vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.7%● unchanged vs 02-2026 04-2026: 2.7%● unchanged vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 2.6%▼ -0.1 percentage points vs 07-2026 09-2026: 2.6%● unchanged vs 08-2026 10-2026: 3.4%▲ +0.8 percentage points vs 09-2026 11-2026: 3.7%▲ +0.3 percentage points vs 10-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95 (1.16 in 2024), below 1. Short-term debt is 70.1% and cash 1.4% of total assets. 74.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 46% of them on solvency, 13% on liquidity, 31% on profitability and 33% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Size: 9.5 FTE, total assets €477,142
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 33 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Figures for financial year 2025 (filed on 03-12-2025)
NBB · annual accounts
raises risk · 2025 accounts filed 33 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-12-2025, 33 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
33 days late
2024
31 days early
2023
6 days late
2022
57 days early
2021
1 day late
2020
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Fewer staff in 2025from 22.9 FTE to 9.5 FTE ▼ 58.5% View
  • Positive: 9th oldest company in Evergem, Accommodation and food service sectorin the Checked rankings No. 9 View

Recent changes

  1. · Gazette deed Change of role: Vanderlinden Gerold Willy Julien, from manager to director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as PATTAYA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €318,000 and €666,000, founded between 1996 and 2007.

CompanyTotal assetsGross margin
PATTAYA Evergem€477,142€361,318
KASTEEL VAN LEBBEKE Lebbeke€593,859€421,536
TAVERNE JULES VERNE Beveren-Kruibeke-Zwijndrecht€665,870€318,506
J.O.J.C. Gent€421,142€444,364
KOEN'S Gent€547,211€496,174
DES ARTS Gent€317,540€385,389
BRIDGE ST.BAAFS Gent€515,553€558,045
Full comparison

Key facts about PATTAYA

What is the company number of PATTAYA?
The company number of PATTAYA is 0477.775.676. The VAT number is the same number with BE in front: BE 0477.775.676.
Where is PATTAYA based?
The registered office is at Hooiwege 49, 9940 Evergem.Company details
What does PATTAYA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of PATTAYA?
The legal form of PATTAYA is Private limited company (BV).
When was PATTAYA founded?
PATTAYA was founded on 14-06-2002.
Is PATTAYA still active?
Yes, PATTAYA is an active enterprise in the KBO register.
How many employees does PATTAYA have?
PATTAYA had an average of 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PATTAYA fall under?
In its 31-03-2025 annual accounts, PATTAYA states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of PATTAYA?
The turnover in financial year 2025 is ≈ €850,000. This figure is estimated from the gross margin of €361,318 and 42 comparable companies (NACE 56111). It probably lies between €790,000 and €1.2m.
Is PATTAYA profitable?
In financial year 2025, PATTAYA made a loss of €8,886.
Where can I find the annual accounts of PATTAYA?
PATTAYA filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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