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SINGERBIRD GROUP

Active
Private limited company (pre-2019)founded 20187 yrs activeLt. Graffplein 15, 1780 Wemmel, BelgiumKBO/BCE: BE 0716.927.493
Summary

The computed 12-month bankruptcy probability of SINGERBIRD GROUP is 3.8% (moderate). The 2024 annual accounts show equity of €318,325 and a net result of €12,507. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 19% of 9734 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
SINGERBIRD GROUPActiveChecked score 47/100
Risk analysis ReportCompare

Overview

Activity
Development of non-residential building projects
NACE 68122NACE 41102
#4 company by total assets in Wemmel, Real estate sector1 site
Size
€11.2mtotal assets 2024
Equity
€318,325
Profit
€12,507
Turnover not published (abridged schema)
Financial health
47 Fair Checked score 2024
Bankruptcy chance 12 m
3.8%
Structure
Holdings
5
Accounts 68 d overdue1 of 2 deeds read
Why 47- Figures for FY 2024 (filed 16-09-2025)- Liquidity: current ratio 1.03, cash €25,173- 1 change of registered office in 24 months+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 24% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 28=
equity 2.8% of total assets
Liquidity 3-1
short-term debt 85.8% · cash 0.2%
Profitability 19+2
return on assets 0.1%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,718 companies)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%▲ +2.7% vs 11-2024 01-2025: 1.7%● 0.0% vs 12-2024 02-2025: 1.8%▲ +2.3% vs 01-2025 03-2025: 1.8%▲ +1.5% vs 02-2025 04-2025: 1.8%▲ +0.4% vs 03-2025 05-2025: 1.9%▲ +2.4% vs 04-2025 06-2025: 1.9%▲ +3.4% vs 05-2025 07-2025: 1.8%▼ -8.1% vs 06-2025 08-2025: 2.3%▲ +28.2% vs 07-2025 09-2025: 2.7%▲ +21.0% vs 08-2025 10-2025: 0.8%▼ -72.1% vs 09-2025lowest value 11-2025: 0.8%▲ +1.3% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 0.8%▲ +4.6% vs 02-2026 04-2026: 0.8%▼ -2.3% vs 03-2026 05-2026: 0.8%▲ +2.1% vs 04-2026 06-2026: 0.9%▲ +14.2% vs 05-2026 07-2026: 0.9%▼ -3.9% vs 06-2026 08-2026: 1.2%▲ +38.5% vs 07-2026 09-2026: 2.4%▲ +94.0% vs 08-2026 10-2026: 3.8%▲ +60.0% vs 09-2026highest value
  • Figures for FY 2024 (filed 16-09-2025) raises the probability
  • Liquidity: current ratio 1.03, cash €25,173 raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • 1 change of registered office in 24 months raises the probability
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.04 in 2023; short-term debt: 85.8% and cash: 0.2% of total assets), and 97.2% 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 68, medium-sized). Better than this share of them on solvency 19%, liquidity 5%, profitability 12%, growth against the median 61%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 16-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.03, cash €25,173
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9734 sector peers (2024).
NBB · sector comparison
Position among 9734 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
46 d late
2023
68 d late
2022
220 d late
2021
145 d late
2020
102 d late
2019
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 117 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €12,507

Key points

  • Positive: Back in profit in 2024after -€114,895 in 2023 €12,507 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 d late View
  • Caution: Among the weakest 19% on solvencysector median 30.8% · 9,734 companies 2.8% View
  • Heads a groupcompanies controlled 5 View

By topic

Financials

Fiscal year
2024
Total assets
€11.2m
Profit
€12,507
Solvency
2.8%
Total assets▲ 16.2%
Net result
20192024
Go to Financials

Timeline

Events
13
Since
2020
  1. 21-08-2026Registered office
  2. 15-09-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Development of non-residential building projectsNACE 68122
Founded
28-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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