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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THAI SMILE from Rumst, company number BE0535999630, closed financial year 2025 with a result of € 9,892 after tax. For that financial year THAI SMILE recorded a gross margin of € 71,205 and equity of € -47,469. Compared with financial year 2024, the result moved from € -29,120 to € 9,892. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 21, 2026.
€ -47,469
▲ € 9,892 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,892
▲ still € 29,120 loss in 2024
Profit after tax over the fiscal year.
€ 2,487
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -60,069.
People and assets in 2025
€ 57,936
▼ 32% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,316
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 25,228
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,622
▼ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,086 | € 85,682 | € 58,734 | € 71,205 | ▲ 21% |
| Profit after taxes | € 4,436 | € 12,424 | € -29,120 | € 9,892 | ▲ € 39,012 |
| Equity | € -40,664 | € -28,240 | € -57,360 | € -47,469 | ▲ € 9,892 |
| Total debts | € 51,578 | € 100,723 | € 103,467 | € 62,712 | ▼ 39% |
| Cash | € 4,047 | € 1,260 | € 1,510 | € 2,487 | ▲ 65% |
| Retained profit | € -53,264 | € -40,840 | € -69,960 | € -60,069 | ▲ € 9,892 |
| Bank debt | € 0 | € 471 | € 0 | € 0 | |
| Balance sheet total | € 10,914 | € 72,483 | € 46,107 | € 15,244 | ▼ 67% |
Key figures of THAI SMILE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to THAI SMILE?
What happened at THAI SMILE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,892. Source: NBB ↗
- New establishment in Rumst. KBO
- Bua SAENGTHONG became a director. NBB
- Filip BOUTE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,436 profit in 2022 to € 9,892 profit in 2025.
Best year ever: 2023, with € 12,424 profit.
Management
Behind THAI SMILE are Bua SAENGTHONG and Filip BOUTE.
Directors
According to the 2025 annual accounts
Bua SAENGTHONG
Manager
since 2013
Filip BOUTE
Manager
since 2013
Establishments
Establishment units
Physical locations of this company
Petrus Van der Taelenstraat 36
2840 Rumst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0535.999.630
- VAT number
- BE 0535.999.630
- Registered office
- Petrus Van der Taelenstraat 36, 2840 Rumst
- Names & denominations
- THAI SMILE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2013
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Overige persoonlijke diensten
Sauna's, solaria, baden enz.