Equity
-€76,140
Debts exceed assets in financial year 2025.
SINGH PALS
Lifetime
4 annual accounts with figures on one time axispeak €15,260 (2024)
€8,882▼ 41.8%
lowest -€41,127 (2022)
-€9,482▲ €2,991
peak -€41,127 (2022)
-€76,140▼ €4,482
€78,300▼ 0.5%
Board1 name since 2021
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €15,260 to €8,882Loss of €9,482Cash from €3,604 to €631
Key points
from the 2025 annual accountsLosses
-€81,140 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Position in the sector
-3525.0%
Lower solvency than 95% of companies in food and beverage service. Sector median 29.6% · 18,550 companies.
2025 accounts filed 24 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as SINGH PALS has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,018 companies, not a prediction for SINGH PALS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 50 sharesdeed of 18-06-2021
- 50 sharesdeed of 18-06-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0769759732
Incorporation
Founding capital of €5,000, 100 shares · Founders: and · Appointment: (director) · published on 18-06-2021 · Gazette deed
First establishment
Brusselsesteenweg 681, Overijse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SINGH PALS Ganshoren | €2,160 | €8,882 | -3525.0% | - |
| RIAD ES-SALAM Antwerp | €4,011 | €12,734 | -518.0% | - |
| DO 47 Kraainem | €1,933 | €20,908 | 19.7% | - |
| LE RUSTICA GRILL Fontaine-l'Evêque | €3,456 | €6,834 | -1770.7% | - |
| CON AMOR Zottegem | €926 | €10,903 | -769.9% | - |
| DUA.S Kraainem | €4,292 | €16,672 | 23.4% | 0.1 |
| CAVAVINO Aalst | €5,214 | €7,761 | -511.5% | - |
These companies have the same main activity as SINGH PALS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €926 and €5,210, founded between 2017 and 2024.
Official details
Source: KBO- Status
- Active since 16-06-2021Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.320.451.4203090 Overijse, since 16-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 18-02-2026
Insights on SINGH PALS
SINGH PALS files the micro format. That format states no turnover. The gross margin rose from -€11,422 in 2022 to €8,882 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SINGH PALS
- What is the company number of SINGH PALS?
- The company number of SINGH PALS is 0769.759.732. The VAT number is the same number with BE in front: BE 0769.759.732.
- Where is SINGH PALS based?
- The registered office is at Joseph Verhasseltstraat 14, 1083 Ganshoren.Company details
- What does SINGH PALS do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of SINGH PALS?
- SINGH PALS is a private limited company (BV).
- When was SINGH PALS founded?
- SINGH PALS was founded on 16-06-2021.
- Is SINGH PALS still active?
- Yes, SINGH PALS is an active enterprise in the KBO register.
- What is the turnover of SINGH PALS?
- The turnover of SINGH PALS was €87,313 in financial year 2025, according to the filed annual accounts.Financials
- Is SINGH PALS profitable?
- In financial year 2025, SINGH PALS made a loss of €9,482.
- Where can I find the annual accounts of SINGH PALS?
- SINGH PALS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SINGH PALS due?
- SINGH PALS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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