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De Singel Groep

Active
Private limited companyfounded 2018active for 8 yearsMerelbekestraat 2A, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0707.538.982
Summary

De Singel Groep has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €442,587 and a net result of €242,114. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 1,257 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Washing and cleaning of motor vehicles
NACE 95316
#4 company by total assets in Merelbeke-Melle, Other services sector6 sites
Size
€2.7mtotal assets 2025
Staff
0.8 FTE
Equity
€442,587
Profit
€242,114
Turnover not published (abbreviated format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
WashCo Holding · 100%
Accounts filed 31 days late1 of 4 deeds read
Why 67raises riskLatest accounts 31 days late; 1 of the last 3 lateFounded in 2018lowers riskSize: 0.8 FTE, total assets €2.7mFigures for financial year 2025 (filed 31-08-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 55% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Average
Solvency 42+10
equity 16.7% of total assets
Liquidity 43-1
short-term debt 35.7% · cash 7.3%
Profitability 80+2
return on assets 9.1%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,115 companies, NACE 95, micro)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.0%▼ -0.2 percentage points vs 12-2024 02-2025: 1.1%▲ +0.1 percentage points vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▲ +0.2 percentage points vs 04-2025 06-2025: 1.9%▲ +0.4 percentage points vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 0.8%▼ -1.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025lowest value 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.2 percentage points vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.4%▲ +0.3 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 0.9%▼ -1.4 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.3, compared with 0.38 in 2024; short-term debt: 35.7% and cash: 7.3% of total assets), and 83.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro): better than 28% on solvency, 36% on liquidity, 63% on profitability and 93% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: 0.8 FTE, total assets €2.7m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
lowers risk · Figures for financial year 2025 (filed 31-08-2026)
NBB · annual accounts
raises risk · Founded in 2018
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1257 sector peers (2025).
NBB · sector comparison
Position among 1257 sector peers
Solvency
better than 21%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €442,587
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
31 days late
2024
2 days early
2023
on the day
2022
10 days late
2021
31 days late
2020
11 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Zultimmo BV (director)Permanent representatives: Vincent Bernard Patrick…
  3. Highest result from 2019 to 2025net €242,114 ▲21.5%

Key points

  • Positive: Equity rose in 2025from €200,473 to €442,587 ▲ 121% View
  • Positive: Among the best 11% on net resultsector median €30,364 · 1,253 companies €242,114 View
  • Caution: Board changedlatest change 05-03-2026 · 1 in office 1 joined · 1 left View
  • Controlled by WashCo Holding 100% View

By topic

Financials

Financial year
2025
Total assets
€2.7m
Profit
€242,114
Solvency
16.7%
Total assets▼ 5.6%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2020
Next accounts
by 31-07-2027
  1. 29-07-2025Annual accounts filed
  2. 31-12-2024Equity above €200,000
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
6
Legal form
Private limited company
Activity
Washing and cleaning of motor vehiclesNACE 95316
Founded
28-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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