THAI KITCHEN
The computed 12-month bankruptcy probability of THAI KITCHEN is ≥ 25% (high). The 2023 annual accounts show negative equity (€-25k) and a net result of €-25k. Equity is shrinking by ~5720.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 4886 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-25k |
| Net result | €-25k |
| Staff (FTE) | 0.9 |
| Better than sector | 9% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | -141.5% | 16.6% | |
| Net result | €-25k | €2k | |
| Equity | €-25k | €11k | |
| Gross operating margin | €7k | €41k | |
| Staff costs | €31k | €47k |
Show 12 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | €30k |
| EBITDA | €-25k |
| Net profit | €-25k |
| Cash flow | €-25k |
| Staff costs | €31k |
| Income taxes | - |
| Dividends | - |
| Total assets | €18k |
| Equity | €-25k |
| Debt | €43k |
| of which ≤ 1y | €43k |
| of which > 1y | - |
| Working capital | €-31k |
| Employees (FTE) | 0.9 |
| 2023 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.27 |
| Working capital ratio | -175.2% |
| Solvency | -141.5% |
| Debt / equity | -1.71 |
| Long-term debt ratio | - |
| Interest coverage | -105.90 |
| Gross margin | 22.5% |
| Net margin | -82.6% |
| ROA | -140.3% |
| ROE | 99.1% |
| EBITDA margin | -81.8% |
| Days sales outstanding | 70d |
| Days payable outstanding | 176d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €18k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €12k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €18k |
| Equity | 10/15 | €-25k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €43k |
| Amounts payable within one year | 42/48 | €43k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Turnover | 70 | €30k |
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €-25k |
| Financial income | 75 | €157 |
| Financial charges | 65 | €234 |
| Result before taxes | 9903 | €-25k |
| Net result for the period | 9904 | €-25k |
| Result to be appropriated | 9905 | €-25k |
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 05-01-2021 |
| Status | Active |
| Postal code | 1410 |
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. |
|---|---|---|---|---|
| 25764Q0003/00C000 | Wallonia | 173 m² | 1 · 42 m² | 10.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
14-01-2026 Registered office moved from Ixelles to Waterloo
- Rue Maria Malibran 20, 1050 Ixelles → Chaussée de Bruxelles 692, 1410 Waterloo
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Waterloo",
"region": null,
"street": "Chauss\u00E9e de Bruxelles",
"country": "BE",
"postcode": "1410",
"box_number": null,
"street_number": "692"
},
"old_address": {
"city": "Ixelles",
"region": null,
"street": "Rue Maria Malibran",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "20"
},
"effective_date": "2025-08-08",
"evidence_quote": "L\u0027assembl\u00E9e proc\u00E8de \u00E0 l\u0027examen du projet de transfert du si\u00E8ge social vers l\u0027adresse Chauss\u00E9e de Bruxelles 692 \u00E0 1410 Waterloo"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.842.165",
"name_full": "THAI KITCHEN",
"legal_form": "SRL"
}
}22-08-2023 Registered office moved from Schaerbeek to Ixelles
- Avenue Léon Mahillon 58, 1030 Schaerbeek → Rue Malibran 20, 1050 Ixelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ixelles",
"region": "Brussels",
"street": "Rue Malibran",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "20"
},
"old_address": {
"city": "Schaerbeek",
"region": "Brussels",
"street": "Avenue L\u00E9on Mahillon",
"country": "BE",
"postcode": "1030",
"box_number": null,
"street_number": "58"
},
"effective_date": "2023-07-28",
"evidence_quote": "Il a \u00E9galement \u00E9t\u00E9 d\u00E9cid\u00E9 par le Conseil d\u0027Administration du 28-07-2023, valid\u00E9 par l\u0027Assembl\u00E9e G\u00E9n\u00E9rale Extraordinaire du 28-07-2023, de d\u00E9placer le si\u00E8ge social de la soci\u00E9t\u00E9 de 1030 Schaerbeek, avenue L\u00E9on Mahillon 58 vers l\u0027adresse suivante: Rue Malibran 20 \u00E0 1050 Ixelles Le si\u00E8ge social est d\u00E9plac\u00E9 avec date d\u0027effet au 28-07-2023."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.842.165",
"name_full": "THAI KITCHEN",
"legal_form": "SRL"
}
}07-01-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1030 Schaerbeek, Avenue L\u00E9on Mahillon 58-60",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1963-03-11",
"name": "KHUNNANTAJIEM Siripa",
"niss": null,
"address": "1380 Lasne, Rue des Fiefs 15"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "KHUNNANTAJIEM Siripa",
"is_subscriber_only": true,
"n_shares_subscribed": 2000,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1978-04-26",
"name": "AISSA Khalid",
"niss": null,
"address": "1030 Schaerbeek, Rue du Foyer Schaerbeekois 63"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "AISSA Khalid",
"is_subscriber_only": true,
"n_shares_subscribed": 2000,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1968-01-01",
"name": "AISSA Abdelkader",
"niss": null,
"address": "1850 Grimbergen, Sint-Donatuslaan 4"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "AISSA Abdelkader",
"is_subscriber_only": true,
"n_shares_subscribed": 2000,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 6000,
"subject_company": {
"kbo": "0760.842.165",
"name_full": "THAI KITCHEN",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-01-04",
"post_incorporation_mandates": []
}| Legal nameFR | THAI KITCHEN |
- 22-09-2025 Address struck