Financials
- Financial year
- 2025
- Total assets
- €289,261
- Profit
- €67,284
- Solvency
- 21.7%
Total assets▲ 102%
Net result
20242025
THUNG NGEIN
ActiveSummary
The computed 12-month bankruptcy probability of THUNG NGEIN is 2.0% (moderate). The 2025 annual accounts show equity of €62,779 and a net result of €67,284. Its solvency ranks better than 43% of 16,350 sector peers (NACE 56, financial year 2025). The company has been active since 2024 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
€289,261total assets 2025
- Staff
- 7 FTE
- Equity
- €62,779
- Profit
- €67,284
Turnover not published (micro format)
Structure
Accounts filed 27 days late0 of 1 deed read
Why 56raises riskSector: Food and beverage service activities (NACE 56)Founded in 2024Size: total assets €289,261lowers riskLiquidity: current ratio 1.20, cash €80,975Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 70% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency
47+36
equity 21.7% of total assets
Liquidity
52+2
short-term debt 63.5% · cash 28.0%
Profitability
98+96
return on assets 23.3%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 2.8%
11-2025: 2.8%● unchanged vs 10-2025
12-2025: 2.8%● unchanged vs 11-2025
01-2026: 2.9%▲ +0.1 percentage points vs 12-2025
02-2026: 2.9%● unchanged vs 01-2026
03-2026: 3.0%▲ +0.1 percentage points vs 02-2026
04-2026: 3.2%▲ +0.2 percentage points vs 03-2026
05-2026: 3.4%▲ +0.2 percentage points vs 04-2026
06-2026: 3.3%▼ -0.1 percentage points vs 05-2026
07-2026: 3.4%▲ +0.1 percentage points vs 06-2026
08-2026: 4.2%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 1.9%▼ -2.3 percentage points vs 08-2026lowest value
10-2026: 2.0%▲ +0.1 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.2, compared with 0.99 in 2024, below the usual 1.5; short-term debt: 63.5% and cash: 28% of total assets), and 78.3% of the assets are financed with debt and provisions.
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 43% on solvency, 54% on liquidity, 85% on profitability and 97% on growth.
The bankruptcy probability was computed on 13-10-2026 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.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
27 days late
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 28 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €67,284
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2025
- Next accounts
- by 31-07-2027
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 19-09-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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