Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
THAI CHINE from Drogenbos, company number BE0448838004, closed financial year 2024 with a result of € -12,923 after tax. For that financial year THAI CHINE recorded a gross margin of € -1,902 and equity of € 56,551. Compared with financial year 2023, the result moved from € -445 to € -12,923. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 16, 2025.
€ 56,551
▼ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,923
▼ 2802 % more loss than in 2023
Profit after tax over the fiscal year.
€ 7,714
▲ 149% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 37,959.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,614
▲ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,891
▲ 3% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 107,775 | € 122,707 | - | |
| Gross margin | € 15,928 | € 9,042 | € -1,902 | ▼ € 10,944 |
| Profit after taxes | € 5,924 | € -445 | € -12,923 | ▼ € 12,478 |
| Equity | € 69,919 | € 69,474 | € 56,551 | ▼ 19% |
| Total debts | € 12,676 | € 5,257 | € 6,799 | ▲ 29% |
| Cash | € 5,497 | € 3,098 | € 7,714 | ▲ 149% |
| Land & buildings | € 39,059 | € 35,613 | € 32,166 | ▼ 10% |
| Retained profit | € 51,327 | € 50,882 | € 37,959 | ▼ 25% |
| Bank debt | € 6,893 | € 0 | € 0 | |
| Balance sheet total | € 82,596 | € 74,731 | € 63,350 | ▼ 15% |
Key figures of THAI CHINE, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to THAI CHINE?
What happened at THAI CHINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 12,923. filed late Source: NBB ↗
- New establishment in Drogenbos. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,924 profit in 2022 to € 12,923 loss in 2024.
Best year ever: 2022, with € 5,924 profit.
Management
Behind THAI CHINE are KAM WAH LI and SAU FAN MOK.
Directors
According to the 2024 annual accounts
KAM WAH LI
Manager
SAU FAN MOK
Manager
Establishments
Establishment units
Physical locations of this company
Grote Baan 148
1620 Drogenbos
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.838.004
- VAT number
- BE 0448.838.004
- Registered office
- Grote Baan 148, 1620 Drogenbos
- Names & denominations
- THAI CHINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1992
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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