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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Le Thaï from Zelzate, company number BE0631786932, closed financial year 2025 with a result of € -1,271 after tax. For that financial year Le Thaï recorded a gross margin of € -903 and equity of € -13,607. Compared with financial year 2024, the result moved from € -7,383 to € -1,271. The company made a loss. 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 October 15, 2026.
€ -13,607
▼ € 1,271 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,271
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 604
▲ € 550 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,007.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 76
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,293 | - | € 29,960 | - | |
| Gross margin | € 4,093 | € -4,018 | € -6,214 | € -903 | ▲ € 5,311 |
| Profit after taxes | € 1,000 | € -6,408 | € -7,383 | € -1,271 | ▲ € 6,111 |
| Equity | € 1,455 | € -4,953 | € -12,336 | € -13,607 | ▼ € 1,271 |
| Total debts | € 17,173 | € 16,912 | € 12,938 | € 14,211 | ▲ 10% |
| Cash | € 15,407 | € 7,559 | € 54 | € 604 | ▲ € 550 |
| Retained profit | € -10,945 | € -17,353 | € -24,736 | € -26,007 | ▼ € 1,271 |
| Balance sheet total | € 18,628 | € 11,959 | € 602 | € 604 |
Key figures of Le Thaï, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Le Thaï?
What happened at Le Thaï in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,271. filed late Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
- Yasar Demirogullari became a director. NBB
In short
From € 1,000 profit in 2022 to € 1,271 loss in 2025.
Best year ever: 2022, with € 1,000 profit.
Management
Behind Le Thaï is Yasar Demirogullari.
Directors
According to the 2025 annual accounts
Yasar Demirogullari
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Grote Markt 71
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0631.786.932
- VAT number
- BE 0631.786.932
- Registered office
- Grote Markt 71, 9060 Zelzate
- Names & denominations
- Le Thaï
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2015
- Peppol
- Active · Active since 3 Aug 2026
- Activities · NACE
Cafés en bars