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Thanakorn

Active
Private limited companyfounded 2021active for 5 yearsGentstraat 35, 9800 Deinze, BelgiumKBO/BCE: BE 0767.686.605
Summary

The computed 12-month bankruptcy probability of Thanakorn is 3.0% (moderate). The 2025 annual accounts show equity of €122,017 and a net result of €23,341. Equity is growing by about 75% per year across the filed financial years. Its solvency ranks better than 87% of 16,349 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€161,628total assets 2025
Staff
1.3 FTE
Equity
€122,017
Profit
€23,341
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Accounts 2 days early1 of 3 deeds read
Why 53raises riskFounded in 2021Sector: Food and beverage service activities (NACE 56)Size: total assets €161,6281 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 76% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 100+10
equity 75.5% of total assets
Liquidity 64-29
short-term debt 13.2% · cash 13.2%
Profitability 87-13
return on assets 14.4%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies, NACE 56, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 1.9%▼ -0.2 percentage points vs 12-2024 02-2025: 0.5%▼ -1.4 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025lowest value 08-2025: 0.5%● unchanged vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.7%▲ +0.1 percentage points vs 12-2025 02-2026: 2.7%▲ +2.0 percentage points vs 01-2026 03-2026: 2.7%● unchanged vs 02-2026 04-2026: 2.7%● unchanged vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.6%▼ -0.1 percentage points vs 06-2026 08-2026: 2.6%● unchanged vs 07-2026 09-2026: 2.6%● unchanged vs 08-2026 10-2026: 3.0%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.95, compared with 3.06 in 2024; short-term debt: 13.2% and cash: 13.2% of total assets), and 24.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 94% on solvency, 69% on liquidity, 75% on profitability and 69% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €161,628
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 days early
2024
on the day
2023
2 days early
2022
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 3 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. Equity above €100,000equity €122,017 ▲23.7%

Key points

  • Positive: Among the best 13% on solvencysector median 30.0% · 16,349 companies 75.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Total assets 20254 financial years filed €161,628 View

By topic

Financials

Financial year
2025
Total assets
€161,628
Profit
€23,341
Solvency
75.5%
Total assets▲ 6.8%
Net result
20222025
Go to Financials

Timeline

Events
8
Since
2023
Next accounts
by 31-01-2027
  1. 31-01-2025Annual accounts filed
  2. 30-06-2024Highest result from 2022 to 2025
  3. 30-06-2024Liquidity more than doubles
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
30-04-2021
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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