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SOM THAI

Active
Private limited companyfounded 200323 yrs activeSint-Pieterssteenweg 1, 1040 Etterbeek, BelgiumKBO/BCE: BE 0480.509.987
Summary

SOM THAI has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,645 and a net result of €18,966. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 59% of 16078 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch ReportCompare
SOM THAIActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
Event catering
NACE 56210NACE 55522Full-service restaurants NACE 56101
1 site
Size
€99,622total assets 2025
Staff
1.9 FTE
Equity
€40,645
Profit
€18,966
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Structure
Accounts filed 55 d late0 of 9 deeds read
Why 69- Sector Food and beverage service activities (NACE 56)- Latest accounts 55 days late; 1 of the last 3 late- Size: total assets €99,622+ Founded in 2003Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 63% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 66-11
equity 40.8% of total assets
Liquidity 58+18
short-term debt 59.2% · cash 30.9%
Profitability 93+87
return on assets 19.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,690 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%▼ -2.5% vs 01-2025lowest value 03-2025: 0.3%● 0.0% vs 02-2025lowest value 04-2025: 0.3%▲ +12.0% vs 03-2025 05-2025: 0.3%▼ -1.6% vs 04-2025 06-2025: 0.3%▼ -2.3% vs 05-2025 07-2025: 0.4%▲ +24.2% vs 06-2025 08-2025: 1.1%▲ +189% vs 07-2025 09-2025: 1.1%● 0.0% vs 08-2025 10-2025: 1.1%● 0.0% vs 09-2025 11-2025: 1.1%● 0.0% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.1%▼ -0.9% vs 12-2025 02-2026: 1.1%● 0.0% vs 01-2026 03-2026: 1.1%● 0.0% vs 02-2026 04-2026: 1.1%▲ +5.2% vs 03-2026 05-2026: 1.1%▼ -0.5% vs 04-2026 06-2026: 1.1%▼ -3.3% vs 05-2026 07-2026: 1.2%▲ +9.5% vs 06-2026 08-2026: 1.8%▲ +50.2% vs 07-2026 09-2026: 1.8%▲ +0.9% vs 08-2026highest value 10-2026: 0.8%▼ -53.9% vs 09-2026
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Latest accounts 55 days late; 1 of the last 3 late raises the probability
  • Founded in 2003 lowers the probability for this profile
  • Size: total assets €99,622 raises the probability for this profile
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.03 in 2024; short-term debt: 59.2% and cash: 30.9% of total assets), and 59.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 60%, liquidity 61%, profitability 81%, growth against the median 50%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Latest accounts 55 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2003
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Size: total assets €99,622
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
55 d late
2024
4 d early
2023
7 d early
2022
49 d early
2021
37 d early
2020
33 d early
2019
31 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 15 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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. Usually files around 25 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €18,966
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Total assets 20256 fiscal years filed €99,622 View
  • Active since 2003founded 03-06-2003 23 years View

By topic

Financials

Fiscal year
2025
Total assets
€99,622
Profit
€18,966
Solvency
40.8%
Total assets▲ 33.9%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 24-09-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 27-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Event cateringNACE 56210
Founded
03-06-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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