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SINGH ENTERPRISE

Active
Coöperatieve vennootschap met onbeperkte aansprakelijkheid·Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg· 19 yrs active
Bredabaan 792 ·2930 Brasschaat, Belgium
KBO/BCE: BE 0889.143.174
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Belgian State Gazette acts: 0 of 5 read
Age19 yrs
Real estate1 parcel · 2,085 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SINGH ENTERPRISE is 0.4% (very low). The 2022 annual accounts show equity of €23k and a net result of €2k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 330 sector peers (fiscal year 2022). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 757 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-06-2023, 41 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 20-06-2023 41 d early 2023-00144811
31-12-2021 31-07-2022 08-06-2022 53 d early 2022-20049035
31-12-2020 31-07-2021 15-06-2021 46 d early 2021-20000019
31-12-2015 31-07-2016 08-06-2016 53 d early 2016-16000331
31-12-2014 31-07-2015 22-06-2015 39 d early 2015-19500419
31-12-2013 31-07-2014 13-06-2014 48 d early 2014-17300578
31-12-2011 31-07-2012 05-07-2012 26 d early 2012-26400422
31-12-2010 31-07-2011 22-07-2011 9 d early 2011-32800455

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2007, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€2k+459.6%
Working capital€19k+2.4%

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 20-06-2023 with the NBB · fiscal year 2022 · micro
€0€1k€2k€3kOperating result 2020: €1k€1kNet result 2020: €880€880Operating result 2021: €1k€1kNet result 2021: €380€380Operating result 2022: €3k€3kNet result 2022: €2k€2k202020212022
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~6.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€20k€23k€25k€28k2023: €24k (€22k - €26k)2024: €25k (€23k - €27k)2025: €27k (€25k - €28k)2020: €20k2021: €21k2022: €23k202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2022 · NACE 77, Renting & leasing · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 81.9% 23.7%
better than 93% of 330 sector peers
Net result €2k €5k
better than 44% of 328 sector peers
Equity €23k €21k
better than 52% of 330 sector peers
Gross operating margin €5k €24k
better than 29% of 326 sector peers
Total assets €28k €121k
better than 15% of 330 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P93
2020: P93 · n=982021: P90 · n=1812022: P93 · n=3302020 2022
Stable position over 2020-2022 · n=98-330
Net result P44
2020: P46 · n=972021: P40 · n=1802022: P44 · n=3282020 2022
Stable position over 2020-2022 · n=97-328
Equity P52
2020: P38 · n=982021: P50 · n=1812022: P52 · n=3302020 2022
Improving position over 2020-2022 · n=98-330
Gross operating margin P29
2020: P27 · n=972021: P31 · n=1812022: P29 · n=3262020 2022
Stable position over 2020-2022 · n=97-326
Describes the position versus peers, not a forecast.
EBITDA
€5k
-29.6% 20-22
Net profit
€2k
+459.6% 20-22
Cash flow
€4k
-36.9% 20-22
Total assets
€28k
+2.0% 20-22
Equity
€23k
+10.3% 20-22
Working capital
€19k
+2.4% 20-22
Income taxes
€834
+34.0% 20-22
Debt
€5k
-24.0% 20-22
Show 8 other metrics
Debt ≤ 1y
€5k
-24.0% 20-22
Current ratio
4.76
+25.6% 20-22
Quick ratio
0.37
-42.0% 20-22
Solvency
81.9%
+8.1% 20-22
Debt / equity
0.22
-31.1% 20-22
ROE
9.3%
+407.5% 20-22
ROA
7.6%
+448.8% 20-22
Interest coverage
83.72
-35.1% 20-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA€5k
Net profit€2k
Cash flow€4k
Staff costs-
Income taxes€834
Dividends-
Total assets€28k
Equity€23k
Debt€5k
of which ≤ 1y€5k
of which > 1y-
Working capital€19k
Employees (FTE)-
Ratios (computed)
2022
Current ratio4.76
Quick ratio0.37
Working capital ratio67.8%
Solvency81.9%
Debt / equity0.22
Long-term debt ratio-
Interest coverage83.72
Gross margin-
Net margin-
ROA7.6%
ROE9.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€28k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Current assets 29/58€24k
Stocks & contracts in progress 3€22k
Amounts receivable within one year 40/41€94
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€28k
Equity 10/15€23k
Contributions / capital 10/11€1k
Reserves 13€22k
Amounts payable 17/49€5k
Amounts payable within one year 42/48€5k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€5k
Operating result 9901€3k
Financial income 75€0
Financial charges 65€54
Result before taxes 9903€3k
Income taxes 67/77€834
Net result for the period 9904€2k
Result to be appropriated 9905€2k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
84 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
9 companies at this address See who is registered here
Parcels1
Ground area2,085 m²
Buildings1
Building footprint585 m²
Volume (LiDAR)2,952 m³
Tallest building9.9 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11008B0142/00F006 Flanders 2,085 m² 1 · 585 m² 9.9 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health84Profitability47Solvency100Growth78Stability100
82 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 84
Profitability 47
Solvency 100
Growth 78
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 52 of the 884 companies in this sector. 38 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Verhuur van videocassettes en -banden, dvd's, cd's en grammofoonplaten71402Verhuur van videobanden, dvd's en cd's77220Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg77229Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Detailhandel in dranken, algemeen assortiment47252Detailhandel in tabaksproducten47260Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)52112Detailhandel in alcoholische en andere dranken52250
Primary activity highlighted.
Names & trade names
Legal nameNL SINGH ENTERPRISE
Registered office
Bredabaan 792
2930 Brasschaat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.