SINGHTOP
ActiveThe computed 12-month bankruptcy probability of SINGHTOP is 5.4% (elevated). The 2024 annual accounts show equity of €19k and a net result of €7k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 26049 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-10
Solvency38▼-5
Growth85=
Track record94
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.15 against 1.22 in 2023; short-term debt: 86.7% and cash: 2.9% of total assets), and 86.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
13.3%
Return on assets
5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-01-2026, 182 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
182 d late
2023
63 d late
2022
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€328k▼ 24.6%
2023 · €434k
2022: €190k
2023: €434k
2022 → 2024
EBIT margin
2.2%▲ 0.8pp
2023 · 1.4%
2022: 1.3%
2023: 1.4%
2022 → 2024
Net result
€7k▲ 19.9%
2023 · €6k
2022: €3k
2023: €6k
2022 → 2024
Working capital
€19k▲ 62.8%
2023 · €11k
2022: €6k
2023: €11k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€190k-€434k▲ 129%€328k▼ 24.6%
Equity€6k-€11k▲ 105%€19k▲ 62.8%
Operating result€3k-€6k▲ 134%€7k▲ 20.4%
Net result€3k-€6k▲ 130%€7k▲ 19.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 20% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €139k
Equity
€19k▲ 62.8%
Debt
€121k▲ 132%
The debt ratio rises from 82.1% to 86.7%. Equity and debt are higher.
Key figures and ratios
Solvency
13.3%▼
2023 · 17.9%
Current ratio
1.15▼
2023 · 1.22
Quick ratio
0.05▼
2023 · 0.53
Debt / equity
6.54▲
2023 · 4.59
ROE
37.8%▼
2023 · 51.3%
ROA
5.0%▼
2023 · 9.2%
Debt
€121k▲
2023 · €52k
Debt ≤ 1 year
€121k▲
2023 · €52k
Staff costs
€13k▲
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€139k▲
Current assets29/58€64k€139k▲
Stocks and contracts in progress3€36k€134k▲
Stocks30/36€36k€134k▲
Amounts receivable within one year40/41€2k€2k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€4k€4k▲
Deferred charges and accrued income490/1€22k-
Equity and liabilities
Total equity and liabilities10/49€64k€139k▲
Equity10/15€11k€19k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€8k€16k▲
Amounts payable17/49€52k€121k▲
Amounts payable within one year42/48€52k€121k▲
Trade debts44€52k-
Suppliers440/4€52k-
Taxes, remuneration and social security45-€50k
Remuneration and social security454/9-€50k
Other amounts payable47/48-€71k
Income statement
Code20232024
Turnover70€434k€328k▼
Goods, raw materials, services and sundry goods60/61€418k€307k▼
Remuneration, social security and pensions62€10k€13k▲
Other operating charges640/8€630€170▼
Gross operating margin9900€17k€21k▲
Operating profit (loss)9901€6k€7k▲
Financial charges65/66B€94€143▲
Recurring financial charges65€94€143▲
Profit (loss) for the period before taxes9903€6k€7k▲
Profit (loss) for the period9904€6k€7k▲
Profit (loss) for the period to be appropriated9905€6k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€16k▲
Profit (loss) brought forward from the previous period14P€3k€9k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 182 days late
2024
31-12
Financial
Highest result since 2022net €7k ▲19.9%
Operating result €7k, net result €7k, both a record.
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Brussel · 2 establishment units since 2022
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.
Anspachlaan 1411000 BrusselGround area
196 m²
Building footprint
143 m²
Volume, LiDAR
2,855 m³
2 parcels, Brussels · tallest building 24.1 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
SINGHTOP
since 20222.331.349.171
SINGHTOP
since 20252.373.366.207
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M1121/00F003 | Brussels | 149 m² | 1 · 103 m² | 24.1 m · 7 fl. |
| 21811M0910/00C002 | Brussels | 47 m² | 1 · 40 m² | 18.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2 sitesBrussel2.331.349.171
Brussel2.373.366.207
Similar companies · same sector, comparable size
T.S HOTHI
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SINA EXPRESS
BE 0676.769.493
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ALEXANDRE VIDAL
BE 0467.154.572
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NAS SERVICES
BE 0728.730.811
Zaventem · Eq €19k
NONNO E NONNA
BE 1022.815.807
Eghezée · Eq €18k
Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 4,091 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2022
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.