Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SUAN THAI from Gent, company number BE0650931861, closed financial year 2025 with a result of € 91,918 after tax. For that financial year SUAN THAI recorded a gross margin of € 111,885 and equity of € -128,667. Compared with financial year 2024, the result moved from € -33,095 to € 91,918. 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 29, 2026.
€ -128,667
▲ € 91,918 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,918
▲ still € 33,095 loss in 2024
Profit after tax over the fiscal year.
€ 2,667
▲ 107% 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 € -147,267.
People and assets in 2025
€ 3,072
▲ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 116,168
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 54,188
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,631
▼ 22% 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 | |
|---|---|---|---|---|---|
| Gross margin | € -117,262 | € -30,128 | € 26,273 | € 111,885 | ▲ € 85,612 |
| Profit after taxes | € -132,964 | € -48,674 | € -33,095 | € 91,918 | ▲ € 125,012 |
| Equity | € -138,816 | € -187,490 | € -220,585 | € -128,667 | ▲ € 91,918 |
| Total debts | € 267,135 | € 323,360 | € 360,953 | € 213,833 | ▼ 41% |
| Cash | € 7,383 | € 6,054 | € 1,288 | € 2,667 | ▲ 107% |
| Retained profit | € -157,416 | € -206,090 | € -239,185 | € -147,267 | ▲ € 91,918 |
| Bank debt | € 14,967 | € 17,315 | € 194,209 | € 116,168 | ▼ 40% |
| Balance sheet total | € 128,319 | € 135,870 | € 140,368 | € 85,166 | ▼ 39% |
Key figures of SUAN THAI, 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 SUAN THAI?
What happened at SUAN THAI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,918. Source: NBB ↗
- New establishment in Gent. KBO
- SITTHIPORN BABPRASERT became a director. NBB
- TEERAPON BABPRASERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 132,964 loss in 2022 to € 91,918 profit in 2025.
Paid € 8,666 in corporate taxes since 2022.
Best year ever: 2025, with € 91,918 profit.
Management
Behind SUAN THAI are SITTHIPORN BABPRASERT and TEERAPON BABPRASERT.
Directors
According to the 2025 annual accounts
SITTHIPORN BABPRASERT
Director
since 2016
TEERAPON BABPRASERT
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Holstraat 72
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Network
Details
- Company number
- 0650.931.861
- VAT number
- BE 0650.931.861
- Registered office
- Holstraat 72, 9000 Gent
- Names & denominations
- SUAN THAI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2016
- Peppol
- Active · Active since 10 Oct 2025
- Contact
- suanthai.be
- Activities · NACE
Groothandel in andere voedingsmiddelen, neg
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen