THAYD
ActiveThe computed 12-month bankruptcy probability of THAYD is 5.2% (elevated). The 2025 annual accounts show equity of €189k and a net result of €9k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 42% of 801 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-30
Solvency48▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.12 against 1.07 in 2024; short-term debt: 73.2% and cash: 69.3% of total assets), and 77.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.8%
Return on assets
1%
Age of the figures
9 mo
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 28-04-2026, 94 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
94 d early
2024
31 d early
2023
100 d early
2022
25 d late
2021
27 d early
2020
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▼ 94.3%
2024 · €151k
2020: €116k
2021: €192k
2022: €89k
2023: €173k
2024: €151k
2020 → 2025
Working capital
€70k▲ 58.5%
2024 · €44k
2020: €90k
2021: €254k
2022: €89k
2023: €42k
2024: €44k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€317k-€206k▼ 35.0%€179k▼ 13.1%€180k▲ 0.7%€189k▲ 4.8%
Operating result€338k-€278k▼ 17.6%€405k▲ 45.8%€386k▼ 4.8%€186k▼ 51.8%
Net result€192k-€89k▼ 53.6%€173k▲ 94.7%€151k▼ 12.6%€9k▼ 94.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €831k
Fixed assets
€153k▼ 18.3%
Current assets
€678k▲ 6.2%
Equity and liabilities €831k
Equity
€189k▲ 4.8%
Debt
€642k▼ 0.5%
The debt ratio falls from 78.1% to 77.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€224k▼
2024 · €426k
Cash flow
€47k▼
2024 · €191k
Solvency
22.8%▲
2024 · 21.9%
Current ratio
1.12▲
2024 · 1.07
Quick ratio
1.09▲
2024 · 1.05
Debt / equity
3.39▼
2024 · 3.58
ROE
4.6%▼
2024 · 83.8%
ROA
1.0%▼
2024 · 18.3%
Interest coverage
1.31▼
2024 · 2.32
Debt
€642k▼
2024 · €645k
Debt ≤ 1 year
€608k▲
2024 · €594k
Debt > 1 year
€34k▼
2024 · €49k
Income taxes
€6k▼
2024 · €52k
Staff costs
€501k▼
2024 · €743k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€825k€831k▲
Fixed assets21/28€187k€153k▼
Intangible fixed assets21€4k-
Tangible fixed assets22/27€182k€153k▼
Plant, machinery and equipment23€62k€53k▼
Furniture and vehicles24€79k€59k▼
Other tangible fixed assets26€42k€40k▼
Financial fixed assets28€287€287=
Current assets29/58€638k€678k▲
Stocks and contracts in progress3€14k€17k▲
Stocks30/36€14k€17k▲
Amounts receivable within one year40/41€63k€81k▲
Trade receivables40€4k€12k▲
Other amounts receivable41€58k€70k▲
Cash at bank and in hand54/58€557k€576k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€825k€831k▲
Equity10/15€180k€189k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€170k€179k▲
Amounts payable17/49€645k€642k▼
Amounts payable after more than one year17€49k€34k▼
Financial debts170/4€49k€34k▼
Amounts payable within one year42/48€594k€608k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43€19k€19k▼
Credit institutions430/8€19k€19k▼
Trade debts44€342k€258k▼
Suppliers440/4€342k€258k▼
Taxes, remuneration and social security45€64k€101k▲
Taxes450/3€19k€976▼
Remuneration and social security454/9€45k€100k▲
Other amounts payable47/48€155k€215k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€743k€501k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€38k▼
Other operating charges640/8€394€2k▲
Gross operating margin9900€1.17M€728k▼
Operating profit (loss)9901€386k€186k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€183k€172k▼
Recurring financial charges65€183k€172k▼
Profit (loss) for the period before taxes9903€203k€15k▼
Income taxes67/77€52k€6k▼
Profit (loss) for the period9904€151k€9k▼
Profit (loss) for the period to be appropriated9905€151k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€320k€179k▼
Profit (loss) brought forward from the previous period14P€169k€170k▲
Profit to be distributed694/7€150k-
Return on contributions (dividend)694€150k-
Social balance
Average headcount (FTE)908720.312.4▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €9k ▼94.3%
Net result drops to €9k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2020net €192k ▲65.4%
Net result €192k, the highest in the series.
31-12
Financial
Equity above €200kEq €317k ▲152%
2 profitable years in a row build equity to €317k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Olympische dreef 21070 AnderlechtGround area
4,831 m²
Building footprint
471 m²
Volume, LiDAR
2,290 m³
Parcel 21307F0115/00M000, Brussels · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QUICK Erasme
since 20192.292.380.907
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0115/00M000 | Brussels | 4,831 m² | 1 · 471 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.292.380.907
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FURBETTO
BE 0792.490.196
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't Vistrapje
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FamCo
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,453. 8,659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.