ACTIVE

Royal Thai Massage

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Financial year 2025 · Closed on 31/03/2025

Net result45,1 k €+20,5 %over 1 year
Gross margin68,8 k €+52,9 %over 1 year
Equity60,8 k €+8,4 %over 1 year

Identity

Source · BCE/KBO

Royal Thai Massage is a Public limited company incorporated in 1981. Its main activity is: Physical well-being activities. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.500.830
Incorporation
22/04/1981
Legal form
Public limited company
Registered office
Ezelstraat 86
8000 Brugge · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222020
Income statement
Gross margin68,8 k €45 k €56,4 k €37,1 k €17,4 k €
EBITDA50,8 k €43,1 k €52,8 k €36,1 k €16,9 k €
Operating result47,7 k €40,6 k €50,5 k €33,9 k €14,8 k €
Net result45,1 k €37,5 k €47 k €28,9 k €11 k €
Balance sheet
Equity60,8 k €56 k €48,6 k €41,6 k €12,5 k €
Total assets104,3 k €104,7 k €99,5 k €62,7 k €31,1 k €
Cash94,1 k €90,6 k €85,4 k €52,3 k €17 k €
Debts43,5 k €48,7 k €50,9 k €21,2 k €18,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 14 ended

Active mandates

Khunanya Muensa

Managing director · since 19 décembre 2023

Active
Kodchakorn Konphutorn

Managing director · since 19 décembre 2023

Active

Ended mandates

Khunanya Muensa

Director · since 13 décembre 2017

Ended
Khunanya Muensa

Managing director · since 13 décembre 2017

Ended
Kodchakorn Konphutorn

Director · since 13 décembre 2017

Ended
Kodchakorn Konphutorn

Managing director · since 13 décembre 2017

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/10/202511/10/202424/09/202302/11/202227/09/202122/09/2020
General meeting06/09/202507/09/202402/09/202303/09/202204/09/202105/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202506/09/202527/10/2025DutchPDF
Micro model31/03/202407/09/202411/10/2024DutchPDF
Micro model31/03/202302/09/202324/09/2023DutchPDF
Micro model31/03/202203/09/202202/11/2022DutchPDF
Micro model31/03/202104/09/202127/09/2021DutchPDF
Micro model31/03/202005/09/202022/09/2020DutchPDF
Micro model31/03/201907/09/201923/09/2019DutchPDF
Micro model31/03/201801/09/201826/12/2018DutchPDF
Micro model31/03/201702/09/201728/09/2017FrenchPDF
Abridged model31/03/201603/09/201612/12/2016FrenchPDF
Abridged model31/03/201505/09/201525/09/2015FrenchPDF
Abridged model31/03/201406/09/201430/09/2014FrenchPDF
Abridged model31/03/201307/09/201329/10/2013FrenchPDF
Abridged model31/03/201201/09/201231/10/2012FrenchPDF
Abridged model31/03/201103/09/201107/11/2011FrenchPDF
Abridged model31/03/201004/09/201028/02/2011FrenchPDF
Abridged model31/12/200806/05/200931/07/2009FrenchPDF
Abridged model31/12/200714/06/200822/08/2008FrenchPDF
Abridged model31/12/200612/06/200707/09/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 14 ended

Active mandates

Khunanya Muensa

Managing director · since 19 décembre 2023

Active
Kodchakorn Konphutorn

Managing director · since 19 décembre 2023

Active

Ended mandates

Khunanya Muensa

Director · since 13 décembre 2017

Ended
Khunanya Muensa

Managing director · since 13 décembre 2017

Ended
Kodchakorn Konphutorn

Director · since 13 décembre 2017

Ended
Kodchakorn Konphutorn

Managing director · since 13 décembre 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/01/2024
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates11/01/2018
    DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/05/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/12/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/03/2009
    OBJET - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other05/08/2004
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/08/2004
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202545,1 k €↑
  2. 2024
    Annual accounts 202437,5 k €↓
  3. 2023
    Annual accounts 202347 k €↑
  4. 2022
    Annual accounts 202228,9 k €↑
  5. 2020
    Annual accounts 202011 k €↓
  6. 2019
    Annual accounts 201919 k €↑
  7. 2018
    Annual accounts 2018772,4 €↑
  8. 2017
    Annual accounts 2017-20,6 k €↓
  9. 2016
    Annual accounts 2016-3,1 k €↓
  10. 2015
    Annual accounts 2015-2,4 k €↑
  11. 2014
    Annual accounts 2014-42,8 k €↓
  12. 2013
    Annual accounts 2013-21 k €↓
  13. 2012
    Annual accounts 2012-10,6 k €↑
  14. 2011
    Annual accounts 2011-93,5 k €↓
  15. 2010
    Annual accounts 2010-7,5 k €↑
  16. 2008
    Annual accounts 2008-13,7 k €↓
  17. 2007
    Annual accounts 20076,3 k €↓
  18. 2006
    Annual accounts 200614,2 k €
  19. 22/04/1981
    IncorporationPublic limited company