THAI KING
ActiveSummary
The computed 12-month bankruptcy probability of THAI KING is 3.3% (moderate). The 2025 annual accounts show equity of €283,615 and a net result of €57,014. Equity has been growing by about 28% per year since 2022. Its solvency ranks better than 66% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 24-11-2020 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Establishment unit
- 2.309.902.669 8800 Roeselare, since 24-11-2020
- Financial year end
- 31 March
- Peppol
- Reachable since 09-09-2025
Board and ownership
- CHENG Chew PengDirector · since 24-11-2020
- SOO LisaDirector · since 24-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.3%
- Gross margin
- €207,643
- ▼ 8.2%
- Turnover
- ≈ €600,000
- estimated
- Profit
- €57,014
- ▲ 11.0%
- Equity
- €283,615
- ▲ 25.2%
- Total assets
- €592,250
- ▲ 4.3%
- Employees on 31-03-2025
- 2
- =
- 2026 accounts not filed, 4 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 95 days late; 1 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Founded in 2020lowers riskSize: total assets €592,250Show the evidence
Checked score
About 3 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 56, micro). It does better than 66% of them on solvency, 23% on liquidity, 67% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 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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Signals
The company filed its last 4 accounts on average 12 days after 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)
Key points
Recent changes
- · Gazette deed Capital & shares
- · Gazette deed Capital & shares · Resignations & appointments
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as THAI KING: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €553,000 and €647,000, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| THAI KING Roeselare | €592,250 | €207,643 |
| Julia's Brugge Brugge | €635,003 | €232,688 |
| HS BRUGGE Brugge | €555,477 | €243,393 |
| MAMZELLEGROUP Blankenberge | €591,088 | €241,314 |
| Margiocri Kalmthout | €609,027 | €211,573 |
| NAPIZZA Etterbeek | €553,445 | €197,296 |
| Greenie Aalst | €646,764 | €214,233 |
Key facts about THAI KING
- What is the company number of THAI KING?
- The company number of THAI KING is 0758.713.511. The VAT number is the same number with BE in front: BE 0758.713.511.
- Where is THAI KING based?
- The registered office is at Iepersestraat 33, 8800 Roeselare.Company details
- What does THAI KING do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of THAI KING?
- The legal form of THAI KING is Private limited company (BV).
- When was THAI KING founded?
- THAI KING was founded on 24-11-2020.
- Is THAI KING still active?
- Yes, THAI KING is an active enterprise in the KBO register.
- How many employees does THAI KING have?
- THAI KING had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of THAI KING?
- The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €207,643 and 86 comparable companies (NACE 56111). It probably lies between €500,000 and €730,000.
- Is THAI KING profitable?
- In financial year 2025, THAI KING made a profit of €57,014.
- Where can I find the annual accounts of THAI KING?
- THAI KING filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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