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THAYDOR

Active Private limited companyfounded 2025active for 1 yearTerkamerenlaan 33, 1000 BrusselsKBO/BCE: BE 1022.432.458 subsidiary of THAYD HOLDING

Lifetime

1 annual account with figures
peak €310,694 (2025)
€310,694 
peak €7,188 (2025)
€7,188 
peak €10,188 (2025)
€10,188 
€251,013 
Board1 name since 2025
Owners
Documentsfilings and deeds
28-04-202694 days before the deadline
2025micro format
Incorporation 18-041 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €740,000 estimated

The micro format states no turnover.

Debts

€251,013 96% of the balance sheet
Suppliers 79%Taxes and wages 17%Other 3%

Checked score

55
Fair
Financially stronger than 37% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 05-2026: 1.6%lowest value 06-2026: 1.6%● unchanged vs 05-2026lowest value 07-2026: 1.6%● unchanged vs 06-2026lowest value 08-2026: 1.6%● unchanged vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.7%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value

Financial strength
Weak

29equity 3.9% of total assets
50short-term debt 96.1% · cash 87.7%
44return on assets 2.8%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2025
Equity €10,188 (3.9% of total assets)
lowers risk
Liquidity: current ratio 1.02, cash €229,093
Calculation

The band follows from the bankruptcy probability. 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). It does better than 29% of them on solvency, 49% on liquidity and 33% on profitability.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 514 companies had the same profile as THAYDOR has now. Each dot stands for 2 companies, two years later.

96.9%
were still trading
1.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of THAYDOR itself: 1.7% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 514 companies, not a prediction for THAYDOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.02, below the usual 1.5. Short-term debt is 96.1% and cash 87.7% of total assets. 96.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.02, cash €229,093
NBB · annual accounts
raises risk · Equity €10,188 (3.9% of total assets)
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 28-04-2026, 94 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
94 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

TH
Director, since 16-04-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1022432458
First establishment Quick, Waterloose Steenweg 605, Ixelles
Incorporation Founding capital of €3,000, 100 shares · Founder: THAYD HOLDING · published on 18-04-2025 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
THAYDOR Brussels €261,202 €310,694 3.9% -
LANOVA De Haan €237,583 €300,245 69.5% -
Mason Kapellen €254,915 €355,240 7.8% -
B2-Messancy Messancy €256,961 €361,966 7.2% -
Très Belge Olen €236,311 €352,653 10.9% 19.1
Emilia Restaurant Waterloo €281,867 €304,644 49.2% -
Foret Stekene €243,812 €347,305 2.2% -

These companies have the same main activity as THAYDOR: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €236,000 and €282,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 16-04-2025Normal situation
Registered office
75 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.373.550.8041050 Ixelles, since 19-05-2025
Financial year end
31 December
Peppol
Reachable since 03-10-2025
Company details

Annual accounts 2025

€261,202
Filing
Filed on 28-04-2026, 94 days before the end of the filing period
Financials

Insights on THAYDOR

The computed 12-month bankruptcy probability of THAYDOR is 1.7% (moderate). The 2025 annual accounts show equity of €10,188 and a net result of €7,188.

Its solvency ranks better than 29% of 17,162 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THAYDOR

What is the company number of THAYDOR?
The company number of THAYDOR is 1022.432.458. The VAT number is the same number with BE in front: BE 1022.432.458.
Where is THAYDOR based?
The registered office is at Terkamerenlaan 33, 1000 Brussels.Company details
What does THAYDOR do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of THAYDOR?
THAYDOR is a private limited company (BV).
When was THAYDOR founded?
THAYDOR was founded on 16-04-2025.
Is THAYDOR still active?
Yes, THAYDOR is an active enterprise in the KBO register.
How many employees does THAYDOR have?
THAYDOR had an average of 9.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THAYDOR?
The turnover in financial year 2025 is ≈ €740,000. This figure is estimated from the gross margin of €310,694 and 41 comparable companies (NACE 56111). It probably lies between €640,000 and €880,000.
Is THAYDOR profitable?
In financial year 2025, THAYDOR made a profit of €7,188.
Where can I find the annual accounts of THAYDOR?
THAYDOR filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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