SATBALIHAR SINGH
ActiveThe computed 12-month bankruptcy probability of SATBALIHAR SINGH is 3.3% (moderate). The 2025 annual accounts show equity of €34k and a net result of €-27k. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 44% of 18281 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency52▼-12
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.31 against 1.45 in 2024; short-term debt: 69.8% and cash: 34.3% of total assets), and 72.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.4%
Return on assets
-21.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
39 d late
2024
404 d late
2023
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 43.9%
2024 · €61k
2023: €16k
2024: €61k
2023 → 2025
Total assets
€124k▼ 20.4%
2024 · €156k
2023: €99k
2024: €156k
2023 → 2025
Net result
€-27k
2024 · €44k
2023: €14k
2024: €44k
2023 → 2025
Working capital
€26k▼ 38.9%
2024 · €43k
2023: €-6k
2024: €43k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€16k-€61k▲ 272%€34k▼ 43.9%
Operating result€20k-€70k▲ 248%€-23k
Net result€14k-€44k▲ 221%€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €70k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€11k▼ 36.3%
Current assets
€113k▼ 18.4%
Equity and liabilities €124k
Equity
€34k▼ 43.9%
Debt
€90k▼ 5.4%
The debt ratio rises from 61.1% to 72.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2024 · €78k
Cash flow
€-18k▼
2024 · €52k
Solvency
27.4%▼
2024 · 38.9%
Current ratio
1.31▼
2024 · 1.45
Quick ratio
0.57▲
2024 · 0.49
Debt / equity
2.65▲
2024 · 1.57
ROE
-78.3%▼
2024 · 73.1%
ROA
-21.4%▼
2024 · 28.4%
Interest coverage
-4.05▼
2024 · 15.26
Debt
€90k▼
2024 · €95k
Debt ≤ 1 year
€87k▼
2024 · €95k
Debt > 1 year
€3k
Income taxes
€0▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€156k€124k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Plant, machinery and equipment23€11k€10k▼
Furniture and vehicles24€6k€1k▼
Current assets29/58€139k€113k▼
Stocks and contracts in progress3€92k€64k▼
Stocks30/36€92k€64k▼
Amounts receivable within one year40/41€9k€7k▼
Trade receivables40€2k€0▼
Other amounts receivable41€7k€7k=
Cash at bank and in hand54/58€37k€43k▲
Deferred charges and accrued income490/1-€53
Equity and liabilities
Total equity and liabilities10/49€156k€124k▼
Equity10/15€61k€34k▼
Contributions10/11€3k€3k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14-€-27k
Amounts payable17/49€95k€90k▼
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€95k€87k▼
Current portion of amounts payable after more than one year42-€7k
Trade debts44€0€3k▲
Suppliers440/4€0€3k▲
Taxes, remuneration and social security45€22k€21k▼
Taxes450/3€22k€21k▼
Other amounts payable47/48€74k€56k▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€80k€-13k▼
Operating profit (loss)9901€70k€-23k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€65k€-27k▼
Income taxes67/77€21k€0▼
Profit (loss) for the period9904€44k€-27k▼
Profit (loss) for the period to be appropriated9905€44k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€-27k▼
Transfer to equity691/2€44k€0▼
To other reserves6921€44k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 404 days late
01-09
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Registered-office move3 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Registered-office move3 facts ▸
- General meeting, 2026-03-31
- Director resignation, Sunderdeep Singh (niet-statutaire bestuurder)
- Registered-office move, Grote Baan 355, 3530 Houthalen-Helchteren
26-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge4 facts ▸
- General meeting, 22/12/2025
- Director resignation, Jasvir Singh (niet-statutaire bestuurder)
- Director discharge, Jasvir Singh
- Power of attorney, BV Boekhouding en Fiscaliteit Knafico
2025
31-12
Financial
Weakest financial yearnet €-27k ▼160%
Net result drops to €-27k, the lowest in the series.
2024
31-12
Financial
Highest result since 2023net €44k ▲221%
Operating result €70k, net result €44k, both a record.
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-03-2026
SINGH Sunderdeep: Resigned as Non-statutory director
22-12-2025
Singh Jasvir: Resigned as Non-statutory director
10-03-2023
Singh Jasvir: Resigned as Director
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 2 establishment units since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Baan 3553530 Houthalen-HelchterenGround area
1,686 m²
Building footprint
540 m²
Volume, LiDAR
2,380 m³
2 parcels, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
GULF SHOP
since 20232.343.030.545
EASY SHOP
since 20242.361.332.861
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72014D0827/00F000 | Flanders | 1,364 m² | 1 · 540 m² | 6.2 m · 1 fl. |
| 24057B0257/00S000 | Flanders | 322 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHouthalen-Helchteren2.343.030.545
Tienen2.361.332.861
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FAM GROUPE
BE 0783.395.556
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ABHI SINGH
BE 0767.906.339
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Jamila slagerij en supermarkt
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47242Retail sale of chocolate and confectionery
47252Retail sale of beverages, general range
47260Retail trade
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:satbalihar@gmail.com