SONGKRAN
ActiveSummary
The computed 12-month bankruptcy probability of SONGKRAN is 6.4% (elevated). The 2024 annual accounts show negative equity (-€13,640) and a net result of €5,976. Equity has been shrinking by about 8.2% per year since 2018. Its solvency ranks better than 24% of 6,086 sector peers (NACE 96, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Overview
Official details
Source: KBO- Status
- Active since 20-04-2006 Normal situation
- Activity
- Day spas, saunas and steam baths NACE 96230
- Establishment unit
- 2.223.074.110 1933 Zaventem, since 01-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.4%
- Turnover
- €57,316
- Profit
- €5,976
- ▲ 571%
- Equity
- -€13,640
- ▲ 30.5%
- Total assets
- €64,668
- ▲ 286%
- Employees on 31-12-2024
- 1
- Negative equity on 31-12-2024
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 25-12-2025)Liquidity: current ratio 0.56, cash €150, halvedEx-officio strike-off in the KBOlowers riskFounded in 2006Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 96, micro). It does better than 22% of them on solvency, 2% on liquidity, 66% on profitability and 74% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 6 accounts on average 49 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Key points
Recent changes
- · Gazette deed Resignation: Saar BAR-ON (director)Appointment: BUGEAT Anne-Marie (director)
- · KBO administration UBO non-complianceevent 22-02-2024
- · Gazette deed Resignation: Siriphasorn Hussain (director)Appointment: Bar-On Saar (director)
Comparable companies
These companies have the same main activity as SONGKRAN: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €50,200 and €76,600, founded between 1999 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| SONGKRAN Zaventem | €64,668 | €36,457 |
| CAIPIRINHA Wemmel | €58,470 | €31,824 |
| STUDIO K & T Herent | €69,777 | €28,801 |
| WILD LANDSCAPE Ukkel | €76,562 | €33,601 |
| ZEN YOUR LIFE Asse | €50,195 | €40,188 |
| HANDEN VAN HET HART Grimbergen | €73,256 | €21,326 |
| WIN-FORCE Leuven | €71,494 | €33,661 |
Key facts about SONGKRAN
- What is the company number of SONGKRAN?
- The company number of SONGKRAN is 0880.816.715. The VAT number is the same number with BE in front: BE 0880.816.715.
- Where is SONGKRAN based?
- The registered office is at Voskapelstraat 31, 1933 Zaventem.Company details
- What does SONGKRAN do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of SONGKRAN?
- The legal form of SONGKRAN is Private limited company (BV).
- When was SONGKRAN founded?
- SONGKRAN was founded on 20-04-2006.
- Is SONGKRAN still active?
- Yes, SONGKRAN is an active enterprise in the KBO register.
- How many employees does SONGKRAN have?
- SONGKRAN had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of SONGKRAN?
- The turnover of SONGKRAN was €57,316 in financial year 2024, according to the filed annual accounts.
- Is SONGKRAN profitable?
- In financial year 2024, SONGKRAN made a profit of €5,976.
- Where can I find the annual accounts of SONGKRAN?
- SONGKRAN filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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