ACTIVE

Thai on the run - Van 't Stad

Financial year 2025 · Closed on 30/09/2025

Net result1,1 k €-54,9 %over 1 year
Gross margin155,9 k €-3,4 %over 1 year
Equity48,1 k €+2,4 %over 1 year
Workforce4,3 ETP+48,3 %over 1 year

Identity

Source · BCE/KBO

Thai on the run - Van 't Stad is a Private limited company incorporated in 2020. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Schilde. It employs on average 4,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0759.903.542
Incorporation
17/12/2020
Legal form
Private limited company
Registered office
Picardiëlaan 22
2970 Schilde · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Average workforce
4,3 ETP
Joint committees (1)
  • 302
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin155,9 k €161,5 k €150,2 k €43,5 k €
EBITDA20,2 k €22,7 k €20,5 k €29,2 k €
Operating result5,4 k €7,9 k €6,4 k €26,7 k €
Net result1,1 k €2,5 k €3,1 k €21,3 k €
Balance sheet
Equity48,1 k €46,9 k €44,4 k €41,3 k €
Total assets170 k €210,6 k €201,8 k €211 k €
Cash31 k €19,6 k €11,4 k €50,2 k €
Debts106,6 k €152,5 k €148,3 k €169,2 k €
Other
Workforce4,3 ETP2,9 ETP2,3 ETP0,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active

Active mandates

MU DAENG

Director · since 16 décembre 2020 · 0636.881.412

Active
XPT-Engineering

Director · since 16 décembre 2020 · 0818.632.785

Active

Other companies at this address

Picardiëlaan 22 2970 Schilde
CompanyCBE no.
0732.673.761
MU DAENG● Active
0636.881.412
XPT-Engineering● Active
0818.632.785

Full financial information

Source · NBB
2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202217/12/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/2022
Length of the financial year12 months12 months12 months22 months
Filing date22/04/202628/04/202529/04/202402/05/2023
General meeting27/03/202630/03/202529/03/202431/03/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202527/03/202622/04/2026DutchPDF
Abridged model30/09/202430/03/202528/04/2025DutchPDF
Abridged model30/09/202329/03/202429/04/2024DutchPDF
Abridged model30/09/202231/03/202302/05/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025

2 active

Active mandates

MU DAENG

Director · since 16 décembre 2020 · 0636.881.412

Active
XPT-Engineering

Director · since 16 décembre 2020 · 0818.632.785

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other23/06/2022
    ALGEMENE VERGADERING - BOEKJAAR - DIVERSEN
    PDF
  • Other21/12/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,1 k €↓
  2. 2024
    Annual accounts 20242,5 k €↓
  3. 2023
    Annual accounts 20233,1 k €↓
  4. 2022
    Annual accounts 202221,3 k €
  5. 17/12/2020
    IncorporationPrivate limited company