Financials
- Fiscal year
- 2025
- Total assets
- €165,728
- Loss
- -€61,807
- Solvency
- 79.7%
Total assets▼ 25.8%
Net result
20182025
SINGEL 9
ActiveSummary
SINGEL 9 has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,139 and a net result of -€61,807. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 2533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Operation of sports facilities
NACE 93110
1 site
Size
€165,728total assets 2025
- Equity
- €132,139
- Loss
- -€61,807
Turnover not published (abridged schema)
Structure
Accounts 39 d early0 of 4 deeds read
Why 69- Loss of €61,807, the second in a row (FY 2025)- 1 of the last 3 late- Liquidity: current ratio 3.78, cash €3,756, halved+ Size: total assets €165,728Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 40% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
100=
equity 79.7% of total assets
Liquidity
47-13
short-term debt 19.9% · cash 2.3%
Profitability
0=
return on assets -37.3%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 0.5%
10-2025: 0.5%● 0.0% vs 09-2025
11-2025: 0.5%● 0.0% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%▼ -1.3% vs 12-2025
02-2026: 0.5%● 0.0% vs 01-2026
03-2026: 0.5%▼ -0.7% vs 02-2026
04-2026: 0.5%▼ -1.3% vs 03-2026lowest value
05-2026: 0.5%▲ +1.3% vs 04-2026
06-2026: 0.5%▲ +1.5% vs 05-2026
07-2026: 0.7%▲ +48.3% vs 06-2026highest value
08-2026: 0.7%● 0.0% vs 07-2026highest value
09-2026: 0.7%● 0.0% vs 08-2026highest value
10-2026: 0.7%● 0.0% vs 09-2026highest value
- Loss of €61,807, the second in a row (FY 2025) raises the probability
- 1 of the last 3 late raises the probability
- Liquidity: current ratio 3.78, cash €3,756, halved raises the probability
- Size: total assets €165,728 lowers the probability for this profile
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 3.78 against 6.62 in 2024; short-term debt: 19.9% and cash: 2.3% of total assets), and 20.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 92%, liquidity 42%, profitability 7%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€61,807
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
36 d early
2023
31 d late
2022
21 d early
2021
2 d early
2020
11 d early
2019
on the day
← 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 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 10 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€61,807
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 22-06-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 25-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Operation of sports facilitiesNACE 93110
- Founded
- 11-08-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.