THAI KING
The computed 12-month bankruptcy probability of THAI KING is 3.3% (moderate). The 2025 annual accounts show equity of €284k and a net result of €57k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 1075 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €284k |
| Net result | €57k |
| Staff (FTE) | 2.3 |
| Better than sector | 70% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.9% | 25.9% | |
| Net result | €57k | €7k | |
| Equity | €284k | €23k | |
| Gross operating margin | €208k | €64k | |
| Staff costs | €90k | €52k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €112k |
| Net profit | €57k |
| Cash flow | €97k |
| Staff costs | €90k |
| Income taxes | €24k |
| Dividends | - |
| Total assets | €592k |
| Equity | €284k |
| Debt | €309k |
| of which ≤ 1y | €309k |
| of which > 1y | - |
| Working capital | €106k |
| Employees (FTE) | 2.3 |
| 2025 | |
|---|---|
| Current ratio | 1.34 |
| Quick ratio | 1.34 |
| Working capital ratio | 17.9% |
| Solvency | 47.9% |
| Debt / equity | 1.09 |
| Long-term debt ratio | - |
| Interest coverage | 14.65 |
| Gross margin | - |
| Net margin | - |
| ROA | 9.6% |
| ROE | 20.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €592k |
| Fixed assets | 21/28 | €178k |
| Tangible fixed assets | 22/27 | €178k |
| Current assets | 29/58 | €414k |
| Amounts receivable within one year | 40/41 | €393k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €592k |
| Equity | 10/15 | €284k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €274k |
| Amounts payable | 17/49 | €309k |
| Amounts payable within one year | 42/48 | €309k |
| Trade debts payable within one year | 44 | €65k |
| Income statement | ||
| Gross operating margin | 9900 | €208k |
| Operating result | 9901 | €72k |
| Financial income | 75 | €18k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €81k |
| Income taxes | 67/77 | €24k |
| Net result for the period | 9904 | €57k |
| Result to be appropriated | 9905 | €57k |
-
Current31-03-2026 → present
-
Current01-10-2021 → present
Former directors (2)
-
Former01-10-2021 → 31-12-2021
2 events
- 31-12-2021 Resigned· Manager
- 01-10-2021 Appointed· Manager
-
Former01-10-2021 → 31-12-2021
2 events
- 31-12-2021 Resigned· Manager
- 01-10-2021 Appointed· Manager
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 24-11-2020 |
| Status | Active |
| Postal code | 8800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0249/00D000 | Flanders | 185 m² | 1 · 154 m² | 12.5 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-03-2026 Transaction in capital or shares
Technical details
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}11-02-2022 2 resigning
- Phiphat Wutthichai, Zaakvoerder
- lamsila Nilavha, Zaakvoerder
Technical details
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}14-10-2021 3 directors appointed
- Sirimalaluk Jakkit, Zaakvoerder
- Phiphat Wutthichai, Zaakvoerder
- lamsila Nilavha, Zaakvoerder
Technical details
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}26-11-2020 Incorporation of a new BV
Technical details
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"incorporation_date": "2020-11-24",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | THAI KING |