SINGHA
ActiveSummary
SINGHA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 90% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▲+7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 4.37 against 4.6 in 2024; short-term debt: 21.2% and cash: 67% of total assets), and 21.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
78.8%
Return on assets
-9.7%
Age of the figures
20 mo
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
19202122232425
2019 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 27-09-2025, 27 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 · 10 filingsDeviation from the deadline
2026
not confirmed
2025
27 d late
2024
23 d late
2023
6 d late
2022
1 d early
2021
3 d late
2020
15 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 11.0%
2024 · €26k
2019: €-4k
2020: €17k
2021: €20k
2022: €47k
2023: €41k
2024: €26k
2019 → 2025
Total assets
€29k▼ 9.3%
2024 · €32k
2019: €56k
2020: €57k
2021: €42k
2022: €73k
2023: €58k
2024: €32k
2019 → 2025
Net result
€-3k▲ 81.0%
2024 · €-15k
2019: €21k
2020: €20k
2021: €3k
2022: €27k
2023: €-6k
2024: €-15k
2019 → 2025
Working capital
€21k▼ 8.5%
2024 · €23k
2019: €3k
2020: €-7k
2021: €3k
2022: €35k
2023: €33k
2024: €23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€47k▲ 135%€41k▼ 13.6%€26k▼ 36.6%€23k▼ 11.0%
Operating result€4k-€29k▲ 653%€-6k€-15k▼ 138%€-3k▲ 81.5%
Net result€3k-€27k▲ 691%€-6k€-15k▼ 133%€-3k▲ 81.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€2k ▼ 28.9%
Current assets
€27k ▼ 7.2%
Equity and liabilities €29k
Equity
€23k ▼ 11.0%
Debt
€6k ▼ 2.5%
The debt ratio rises from 19.7% to 21.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-10k
Cash flow
€-2k▲
2024 · €-11k
Current ratio
4.37▼
2024 · 4.60
Quick ratio
4.25▼
2024 · 4.46
Debt / equity
0.27▲
2024 · 0.25
ROE
-12.3%▲
2024 · -57.7%
ROA
-9.7%▲
2024 · -46.4%
Interest coverage
-6.93▲
2024 · -47.84
Debt ≤ 1 year
€6k▼
2024 · €6k
Staff costs
€38k▲
2024 · €34k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32k€29k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€825€487▼
Other tangible fixed assets26€1k€548▼
Financial fixed assets28€1k€1k=
Current assets29/58€29k€27k▼
Stocks and contracts in progress3€858€752▼
Stocks30/36€858€752▼
Amounts receivable within one year40/41€4k€7k▲
Trade receivables40€849€3k▲
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€24k€20k▼
Equity and liabilities
Total equity and liabilities10/49€32k€29k▼
Equity10/15€26k€23k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Profit (loss) carried forward14€-49k€-51k▼
Amounts payable17/49€6k€6k▼
Amounts payable within one year42/48€6k€6k▼
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€3k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€34k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€886▼
Other operating charges640/8€914€686▼
Gross operating margin9900€24k€37k▲
Operating profit (loss)9901€-15k€-3k▲
Financial income75/76B€0€147▲
Recurring financial income75€0€147▲
Financial charges65/66B€216€264▲
Recurring financial charges65€216€264▲
Profit (loss) for the period before taxes9903€-15k€-3k▲
Profit (loss) for the period9904€-15k€-3k▲
Profit (loss) for the period to be appropriated9905€-15k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-51k▼
Profit (loss) brought forward from the previous period14P€-34k€-49k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
31-01
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
2023
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-01
Financial
Highest result since 2019net €27k ▲691%
Net result €27k, the highest in the series.
31-01
Financial
Liquidity doublescurrent ratio 2.35
Current ratio from 1.12 to 2.35.
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 37 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 121 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 485 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1995
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.
Desguinlei 1962018 AntwerpenGround area
306 m²
Building footprint
107 m²
Volume, LiDAR
1,255 m³
Parcel 11810K1908/00D000, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SOMBAT
since 19952.070.276.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1908/00D000 | Flanders | 306 m² | 1 · 107 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
1 siteAntwerpen2.070.276.938
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,039 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-1994
Fiscal year end31-01
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55521
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.