Skip to content

THAI&O

Active
Private limited companyfounded 20242 yrs activeHeerstraat 1, 3910 Pelt, BelgiumKBO/BCE: BE 1008.590.954
Summary

The computed 12-month bankruptcy probability of THAI&O is 4.6% (elevated). The 2025 annual accounts show equity of €13,244 and a net result of €8,244. Its solvency ranks better than 36% of 16142 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€90,995total assets 2025
Staff
1 FTE
Equity
€13,244
Profit
€8,244
Turnover not published (abridged schema)
Financial health
40 Weak Checked score 2025
Bankruptcy chance 12 m
4.6%
Structure
Board
2 members
Accounts 31 d early1 of 2 deeds read
Why 40- Founded in 2024- Sector Food and beverage service activities (NACE 56)- Size: total assets €90,995+ Figures for FY 2025 (filed 30-06-2026)Show the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 54% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength
Average
Solvency 40
equity 14.6% of total assets
Liquidity 55
short-term debt 30.8% · cash 14.6%
Profitability 80
return on assets 9.1%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,692 companies)
Last 24 months 05-2025: 3.9%lowest value 06-2025: 3.9%● 0.0% vs 05-2025lowest value 07-2025: 4.1%▲ +4.1% vs 06-2025 08-2025: 4.4%▲ +7.7% vs 07-2025 09-2025: 4.6%▲ +3.3% vs 08-2025 10-2025: 4.9%▲ +7.1% vs 09-2025 11-2025: 5.3%▲ +8.9% vs 10-2025 12-2025: 5.3%● 0.0% vs 11-2025 01-2026: 5.2%▼ -3.2% vs 12-2025 02-2026: 5.1%▼ -1.0% vs 01-2026 03-2026: 5.5%▲ +7.1% vs 02-2026 04-2026: 5.6%▲ +2.2% vs 03-2026 05-2026: 5.6%▲ +0.3% vs 04-2026 06-2026: 8.6%▲ +54.1% vs 05-2026highest value 07-2026: 4.6%▼ -47.3% vs 06-2026 08-2026: 4.6%● 0.0% vs 07-2026 09-2026: 4.6%● 0.0% vs 08-2026 10-2026: 4.6%● 0.0% vs 09-2026
  • Founded in 2024 raises the probability for this profile
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Size: total assets €90,995 raises the probability for this profile
  • Figures for FY 2025 (filed 30-06-2026) lowers the probability
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.92; short-term debt: 30.8% and cash: 14.6% of total assets), and 85.4% 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 37%, liquidity 59%, profitability 65%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Size: total assets €90,995
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 30-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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. Appointments: Mohamed Conteh (non-statutory director) and…Registered-office move

Key points

  • New directorslatest change 27-03-2026 · 2 in office 2 joined View
  • Total assets 2025first fiscal year filed €90,995 View
  • Active since 2024founded 19-04-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€90,995
Profit
€8,244
Solvency
14.6%
Go to Financials

Timeline

Events
2
Since
2026
  1. 30-06-2026Annual accounts filed
  2. 28-05-2026Appointments: Mohamed Conteh (non-statutory director) and Prince…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
19-04-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.