Penthai
ActiveSummary
The computed 12-month bankruptcy probability of Penthai is 1.6% (moderate). The 2025 annual accounts show equity of €150,142 and a net result of €7,582. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 13560 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+2
Solvency49▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.98 in 2024; short-term debt: 12.3% and cash: 6.8% of total assets), and 75.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.3%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
13 d late
2024
126 d late
2023
65 d late
2022
28 d early
2021
27 d early
2020
29 d early
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#4 company by total assets in Zemst, Accommodation and food service sector#6 company by equity in Zemst, Accommodation and food service sector
Equity
€150,142▲ 5.3%
2024 · €142,560
Total assets
€617,590▼ 3.1%
2024 · €637,425
Net result
€7,582▲ 62.8%
2024 · €4,658
Working capital
-€26,055▼ 1,708%
2024 · -€1,441
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,812▼ 39.7%€19,169▼ 33.5%€7,273▼ 62.1%€11,512▲ 58.3%€19,003▲ 65.1%
Net result€19,146▼ 48.0%€11,861▼ 38.1%€398▼ 96.6%€4,658▲ 1,069%€7,582▲ 62.8%
Equity€125,643▲ 18.0%€137,503▲ 9.4%€137,902▲ 0.3%€142,560▲ 3.4%€150,142▲ 5.3%
Total assets€324,227▲ 5.5%€332,685▲ 2.6%€320,936▼ 3.5%€637,425▲ 98.6%€617,590▼ 3.1%
Debt€198,584▼ 1.1%€195,182▼ 1.7%€183,035▼ 6.2%€494,865▲ 170%€467,448▼ 5.5%
Working capital€61,401▲ 38.5%€67,001▲ 9.1%€62,512▼ 6.7%-€1,441-€26,055▼ 1,708%
Staff (FTE)1▲ 233%0.9▼ 10.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €617,590
Fixed assets
€567,410 ▲ 0.2%
Current assets
€50,180 ▼ 29.6%
Equity and liabilities €617,590
Equity
€150,142 ▲ 5.3%
Debt
€467,448 ▼ 5.5%
Debt's share of the balance-sheet total falls from 77.6% to 75.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24,340▲
2024 · €15,771
Cash flow
€12,919▲
2024 · €8,917
Current ratio
0.66▼
2024 · 0.98
Quick ratio
0.62▼
2024 · 0.96
Debt to equity
3.11▼
2024 · 3.47
ROE
5.0%▲
2024 · 3.3%
ROA
1.2%▲
2024 · 0.7%
Interest coverage
2.83▲
2024 · 2.67
Debt ≤ 1 year
€76,235▲
2024 · €72,761
Debt > 1 year
€389,342▼
2024 · €422,104
Income taxes
€2,984▲
2024 · €1,659
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,000 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €6,493 | €3,144 | €2 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,548 | €3,548 | €3,548 | €4,259 | €5,337 | ▲ 25.3% |
| Other operating charges640/8 | €3,550 | €3,497 | €3,552 | €3,640 | €4,409 | ▲ 21.1% |
| Gross operating margin9900 | €42,401 | €29,358 | €14,375 | €19,411 | €28,749 | ▲ 48.1% |
| Operating profit (loss)9901 | €28,812 | €19,169 | €7,273 | €11,512 | €19,003 | ▲ 65.1% |
| Financial income75/76B | €1,003 | €943 | €318 | €708 | €178 | ▼ 74.9% |
| Recurring financial income75 | €1,003 | €943 | €318 | €708 | €178 | ▼ 74.9% |
| Financial charges65/66B | €5,977 | €4,955 | €6,888 | €5,903 | €8,615 | ▲ 45.9% |
| Recurring financial charges65 | €5,977 | €4,955 | €6,888 | €5,903 | €8,615 | ▲ 45.9% |
| Profit (loss) for the period before taxes9903 | €23,838 | €15,158 | €702 | €6,317 | €10,566 | ▲ 67.3% |
| Income taxes67/77 | €4,692 | €3,297 | €304 | €1,659 | €2,984 | ▲ 79.9% |
| Profit (loss) for the period9904 | €19,146 | €11,861 | €398 | €4,658 | €7,582 | ▲ 62.8% |
| Profit (loss) for the period to be appropriated9905 | €19,146 | €11,861 | €398 | €4,658 | €7,582 | ▲ 62.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324,227 | €332,685 | €320,936 | €637,425 | €617,590 | ▼ 3.1% |
| Fixed assets21/28 | €247,156 | €243,609 | €240,061 | €566,104 | €567,410 | ▲ 0.2% |
| Tangible fixed assets22/27 | €247,156 | €243,609 | €240,061 | €241,104 | €242,410 | ▲ 0.5% |
| Land and buildings22 | €246,389 | €243,056 | €239,722 | €236,389 | €233,056 | ▼ 1.4% |
| Plant, machinery and equipment23 | €768 | €553 | €339 | €4,715 | €6,164 | ▲ 30.7% |
| Furniture and vehicles24 | - | - | - | - | €3,190 | - |
| Financial fixed assets28 | - | - | - | €325,000 | €325,000 | = |
| Current assets29/58 | €77,071 | €89,076 | €80,875 | €71,320 | €50,180 | ▼ 29.6% |
| Amounts receivable after more than one year29 | €35,748 | €17,453 | €8,302 | - | - | - |
| Other amounts receivable291 | €35,748 | €17,453 | €8,302 | - | - | - |
| Stocks and contracts in progress3 | €2,738 | €1,632 | €1,339 | €1,197 | €3,015 | ▲ 152% |
| Stocks30/36 | €2,738 | €1,632 | €1,339 | €1,197 | €3,015 | ▲ 152% |
| Amounts receivable within one year40/41 | - | - | €753 | €4,081 | €1,789 | ▼ 56.2% |
| Trade receivables40 | - | - | - | - | €1,789 | - |
| Other amounts receivable41 | - | - | €753 | €4,081 | - | - |
| Cash at bank and in hand54/58 | €33,453 | €56,492 | €64,738 | €64,025 | €42,109 | ▼ 34.2% |
| Deferred charges and accrued income490/1 | €5,131 | €13,500 | €5,743 | €2,017 | €3,267 | ▲ 62.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324,227 | €332,685 | €320,936 | €637,425 | €617,590 | ▼ 3.1% |
| Equity10/15 | €125,643 | €137,503 | €137,902 | €142,560 | €150,142 | ▲ 5.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €106,860 | €117,860 | €117,860 | €122,518 | €1,860 | ▼ 98.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Other1319 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €105,000 | €116,000 | €116,000 | €120,658 | - | - |
| Profit (loss) carried forward14 | €183 | €1,043 | €1,442 | €1,442 | €129,682 | ▲ 8,896% |
| Amounts payable17/49 | €198,584 | €195,182 | €183,035 | €494,865 | €467,448 | ▼ 5.5% |
| Amounts payable after more than one year17 | €180,411 | €172,135 | €163,700 | €422,104 | €389,342 | ▼ 7.8% |
| Financial debts170/4 | €175,911 | €167,635 | €159,200 | €417,604 | €384,842 | ▼ 7.8% |
| Other amounts payable178/9 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Amounts payable within one year42/48 | €15,669 | €22,075 | €18,363 | €72,761 | €76,235 | ▲ 4.8% |
| Current portion of amounts payable after more than one year42 | €8,121 | €8,276 | €8,435 | €67,306 | €37,711 | ▼ 44.0% |
| Trade debts44 | €5,197 | €3,895 | €3,310 | €3,972 | €3,972 | = |
| Suppliers440/4 | €5,197 | €3,895 | €3,310 | €3,972 | €3,972 | = |
| Taxes, remuneration and social security45 | €1,733 | €9,742 | €6,588 | €1,484 | €7,806 | ▲ 426% |
| Taxes450/3 | €1,338 | €3,616 | €422 | €1,484 | €5,291 | ▲ 257% |
| Remuneration and social security454/9 | €395 | €6,126 | €6,167 | - | €2,515 | - |
| Other amounts payable47/48 | €619 | €162 | €30 | - | €26,746 | - |
| Accrued charges and deferred income492/3 | €2,503 | €972 | €971 | - | €1,871 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,146 | €11,861 | €398 | €4,658 | €7,582 | ▲ 62.8% |
| + Depreciation and write-downs630 | €3,548 | €3,548 | €3,548 | €4,259 | €5,337 | ▲ 25.3% |
| Operating cash flow (approximation) | €22,693 | €15,408 | €3,946 | €8,917 | €12,919 | ▲ 44.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€330,302 | -€6,643 | ▲ 98.0% |
| Change in cash | - | €23,038 | €8,246 | -€714 | -€21,916 | ▼ 2,970% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Equity above €150,000Eq €150,142 ▲5.3%
8 profitable years in a row build equity to €150,142.
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 126 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Weakest financial yearnet €398 ▼96.6%
Net result drops to €398, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €36,817 ▲27.9%
Operating result €47,790, net result €36,817, both a record.
31-12
Financial
Equity above €100,000Eq €106,497 ▲52.8%
3 profitable years in a row build equity to €106,497.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 12.19
Current ratio from 4.40 to 12.19; short-term debt falls from €12,046 to €6,227.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Zemst · 1 establishment unit since 2017
Ground area
1,275 m²
Building footprint
267 m²
Volume, LiDAR
2,814 m³
Parcel 23018D0235/00Z000, Flanders · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Penthai
since 20172.264.758.374
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23018D0235/00Z000 | Flanders | 1,275 m² | 1 · 267 m² | 12.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of Penthai and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZemst2.264.758.374
Similar companies · same sector, comparable size
GREEK RIVE GAUCHE
BE 0803.949.559
Charleroi · Eq €150,115
Lanox Corporate
BE 0818.481.842
Brussel · Eq €150,232
RAMO COMPANY
BE 0550.654.152
Wavre · Eq €150,369
DECA
BE 0698.982.394
Gent · Eq €150,435
YAGIRIAN
BE 0477.741.034
Brussel · Eq €149,809
Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 7,266 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0675978746
Also
9925:BE0675978746
Registered
06-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.