THAI POWER
The file of THAI POWER contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 14.6% (high). The 2023 annual accounts show negative equity (€-50k) and a net result of €-6k. Equity is shrinking by ~23.2% per year across the filed fiscal years.
| Equity | €-50k |
| Net result | €-6k |
| Active | 12 yrs |
| Publications | 3 |
Mixed profile: strong on stability, weaker on health.
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).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-6k |
| Cash flow | €-6k |
| Staff costs | €97 |
| Income taxes | - |
| Dividends | - |
| Total assets | €208 |
| Equity | €-50k |
| Debt | €50k |
| of which ≤ 1y | €50k |
| of which > 1y | - |
| Working capital | €-50k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.00 |
| Quick ratio | 0.00 |
| Working capital ratio | -23996.0% |
| Solvency | -23969.3% |
| Debt / equity | -1.00 |
| Long-term debt ratio | - |
| Interest coverage | -31.94 |
| Gross margin | - |
| Net margin | - |
| ROA | -3099.3% |
| ROE | 12.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €208 |
| Fixed assets | 21/28 | €56 |
| Tangible fixed assets | 22/27 | €56 |
| Current assets | 29/58 | €152 |
| Cash & bank | 54/58 | €152 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €208 |
| Equity | 10/15 | €-50k |
| Contributions / capital | 10/11 | €55k |
| Reserves | 13 | €35 |
| Accumulated profits (losses) | 14 | €-105k |
| Amounts payable | 17/49 | €50k |
| Amounts payable within one year | 42/48 | €50k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-6k |
| Financial charges | 65 | €194 |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | WINNY TIRMARCHE A. DE COCKPLEIN 9,
1831 DIEGEM |
25-03-2025 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 03-04-2014 |
| Status | Active |
| Postal code | - |
| First BS signal | 01-04-2025 |
| Latest BS signal | 02-06-2026 |
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. |
|---|---|---|---|---|
| 23772C0476/00B000 | Flanders | 124 m² | 1 · 137 m² | 10.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | THAI POWER |
- 27-10-2025 Address struck