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THI BAN

Active
Private limited companyfounded 20251 yr activeRue Saint-Gilles 58, 4000 Liège, BelgiumKBO/BCE: BE 1019.879.378
Summary

The computed 12-month bankruptcy probability of THI BAN is 2.7% (moderate). The 2025 annual accounts show equity of €16,952 and a net result of €13,452. Its solvency ranks better than 61% of 13683 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency68
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.69; short-term debt: 56.9% and cash: 81.9% of total assets), but 56.9% of the assets are financed with debt.
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Signals

Five 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.1%
Return on assets
34.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← 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

History

THI BAN was incorporated on 11 February 2025 as a Private limited company.1 The registered office was moved to Liège in 2026.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 25-03-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€16,952
Total assets
€39,304
Net result
€13,452
Working capital
€15,428

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €39,304
Fixed assets €1,524
Current assets €37,780
Equity and liabilities €39,304
Equity €16,952
Debt €22,351
Debt finances 56.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,165
Cash flow
€13,564
Current ratio
1.69
Quick ratio
1.56
Debt to equity
1.32
ROE
79.4%
ROA
34.2%
Interest coverage
224.76
Debt ≤ 1 year
€22,351
Income taxes
€3,525
Staff costs
€3,209

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€39,304
Fixed assets21/28€1,524
Tangible fixed assets22/27€1,524
Furniture and vehicles24€1,524
Current assets29/58€37,780
Stocks and contracts in progress3€2,875
Stocks30/36€2,875
Amounts receivable within one year40/41€2,735
Other amounts receivable41€2,735
Cash at bank and in hand54/58€32,170
Equity and liabilities
Total equity and liabilities10/49€39,304
Equity10/15€16,952
Contributions10/11€3,500
Reserves13€13,452
Distributable reserves133€13,452
Amounts payable17/49€22,351
Amounts payable within one year42/48€22,351
Trade debts44€9,312
Suppliers440/4€9,312
Taxes, remuneration and social security45€12,460
Taxes450/3€5,374
Remuneration and social security454/9€7,086
Other amounts payable47/48€579
Income statement Code2025
Remuneration, social security and pensions62€3,209
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112
Other operating charges640/8€842
Gross operating margin9900€21,217
Operating profit (loss)9901€17,053
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€76
Recurring financial charges65€76
Profit (loss) for the period before taxes9903€16,977
Income taxes67/77€3,525
Profit (loss) for the period9904€13,452
Profit (loss) for the period to be appropriated9905€13,452
Appropriation of the result
Profit (loss) to be appropriated9906€13,452
Transfer to equity691/2€13,452
To other reserves6921€13,452

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€3,209
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112
Other operating charges640/8€842
Gross operating margin9900€21,217
Operating profit (loss)9901€17,053
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€76
Recurring financial charges65€76
Profit (loss) for the period before taxes9903€16,977
Income taxes67/77€3,525
Profit (loss) for the period9904€13,452
Profit (loss) for the period to be appropriated9905€13,452
Line2025
Assets
Total assets20/58€39,304
Fixed assets21/28€1,524
Tangible fixed assets22/27€1,524
Furniture and vehicles24€1,524
Current assets29/58€37,780
Stocks and contracts in progress3€2,875
Stocks30/36€2,875
Amounts receivable within one year40/41€2,735
Other amounts receivable41€2,735
Cash at bank and in hand54/58€32,170
Equity and liabilities
Total equity and liabilities10/49€39,304
Equity10/15€16,952
Contributions10/11€3,500
Reserves13€13,452
Distributable reserves133€13,452
Amounts payable17/49€22,351
Amounts payable within one year42/48€22,351
Trade debts44€9,312
Suppliers440/4€9,312
Taxes, remuneration and social security45€12,460
Taxes450/3€5,374
Remuneration and social security454/9€7,086
Other amounts payable47/48€579
Line2025
Profit (loss) for the period9904€13,452
+ Depreciation and write-downs630€112
Operating cash flow (approximation)€13,564

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
27-07
State Gazette act Resignation: El Ghaouagh Adil (director)
Director discharge4 facts ▸
  • General meeting, 03-06-2026
  • Director resignation, El Ghaouagh Adil (director)
  • Director discharge, El Ghaouagh Adil
  • Other statement, 03-06-2026
25-03
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 27/02/2026
  • Registered-office move, Rue Saint-GIlles, 58 4000 Liège BELGIQUE
State Gazette actNBB filing
2 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
2 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
78 m²
Building footprint
36 m²
Volume, LiDAR
204 m³
Parcel 62813E0570/00R000, Wallonia · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tasty Food Saint Gilles
Rue Saint-Gilles 58, 4000 LiègeLimited-service restaurants, excluding mobile food services
since 20252.374.849.317
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62813E0570/00R000 Wallonia 78 m² 1 · 36 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
El Ghaouagh Adil
  • Director, until 03-06-2026
See the board, name and seat on a given date →

Recognitions · licences · registrations

Food safety, FASFC

1 site
Liège2.374.849.317
1 permission
Toelating · Traiteur · since 21-04-2026

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. 7,867 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019879378
Also 9925:BE1019879378

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.