SINGITA
ActiveSummary
SINGITA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €-19k. Equity is shrinking by ~6.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-3
Solvency29▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.06 against 0.03 in 2024; short-term debt: 24.6% and cash: 1.3% of total assets), and 96.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
3.8%
Return on assets
-1%
Age of the figures
18 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 €-19k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
3 d early
2023
47 d early
2022
21 d early
2021
194 d late
2020
37 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▼ 19.9%
2024 · €96k
2019: €155khighest in 7 years
2020: €109k▼ -30.0% vs 2019
2021: €104k▼ -4.2% vs 2020
2022: €105k▲ +0.6% vs 2021
2023: €105k▲ +0.1% vs 2022
2024: €96k▼ -8.4% vs 2023
2025: €77k▼ -19.9% vs 2024lowest in 7 years
2019 → 2025
Total assets
€2.00M▼ 0.2%
2024 · €2.01M
2019: €2.13Mhighest in 7 years
2020: €2.09M▼ -1.8% vs 2019
2021: €2.06M▼ -1.2% vs 2020
2022: €2.03M▼ -1.3% vs 2021
2023: €2.03M▼ -0.4% vs 2022
2024: €2.01M▼ -1.0% vs 2023
2025: €2.00M▼ -0.2% vs 2024lowest in 7 years
2019 → 2025
Net result
€-19k▼ 117%
2024 · €-9k
2019: €-48k
2020: €-55k▼ -12.8% vs 2019lowest in 7 years
2021: €-5k▲ +91.6% vs 2020
2022: €265▲ +106% vs 2021highest in 7 years
2023: €67▼ -74.6% vs 2022
2024: €-9k▼ -13187% vs 2023
2025: €-19k▼ -117% vs 2024
2019 → 2025
Working capital
€-463k▲ 5.6%
2024 · €-490k
2019: €-329khighest in 7 years
2020: €-487k▼ -48.0% vs 2019
2021: €-491k▼ -0.8% vs 2020
2022: €-521k▼ -6.2% vs 2021lowest in 7 years
2023: €-497k▲ +4.7% vs 2022
2024: €-490k▲ +1.3% vs 2023
2025: €-463k▲ +5.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€105k▲ 0.6%€105k▲ 0.1%€96k▼ 8.4%€77k▼ 19.9%
2021: €104k
2022: €105k▲ +0.6% vs 2021
2023: €105k▲ +0.1% vs 2022highest in 5 years
2024: €96k▼ -8.4% vs 2023
2025: €77k▼ -19.9% vs 2024lowest in 5 years
Operating result€22k-€25k▲ 15.4%€26k▲ 4.7%€33k▲ 23.9%€23k▼ 29.2%
2021: €22klowest in 5 years
2022: €25k▲ +15.4% vs 2021
2023: €26k▲ +4.7% vs 2022
2024: €33k▲ +23.9% vs 2023highest in 5 years
2025: €23k▼ -29.2% vs 2024
Net result€-5k-€265€67▼ 74.6%€-9k€-19k▼ 117%
2021: €-5k
2022: €265▲ +106% vs 2021highest in 5 years
2023: €67▼ -74.6% vs 2022
2024: €-9k▼ -13187% vs 2023
2025: €-19k▼ -117% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.00M
Fixed assets
€1.97M ▼ 1.0%
Current assets
€31k ▲ 117%
Equity and liabilities €2.00M
Equity
€77k ▼ 19.9%
Provisions
€38k ▼ 4.1%
Debt
€1.89M ▲ 0.9%
Debt's share of the balance-sheet total rises from 93.3% to 94.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €54k
Cash flow
€3k▼
2024 · €13k
Current ratio
0.06▲
2024 · 0.03
Debt to equity
24.56▲
2024 · 19.50
ROE
-24.8%▼
2024 · -9.2%
ROA
-1.0%▼
2024 · -0.4%
Interest coverage
1.02▼
2024 · 1.26
Debt ≤ 1 year
€493k▼
2024 · €504k
Debt > 1 year
€1.39M▲
2024 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.01M€2.00M▼
Formation expenses20€682€341▼
Fixed assets21/28€1.99M€1.97M▼
Tangible fixed assets22/27€1.99M€1.97M▼
Land and buildings22€1.99M€1.97M▼
Current assets29/58€14k€31k▲
Amounts receivable within one year40/41-€869
Other amounts receivable41-€869
Cash at bank and in hand54/58€14k€25k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€2.01M€2.00M▼
Equity10/15€96k€77k▼
Contributions10/11€38k€42k▲
Outside capital11€38k€42k▲
Other1109/19€38k€42k▲
Reserves13€158k€150k▼
Non-distributable reserves130/1€4k€586▼
Reserves not available under the articles1311€4k-
Other1319€586€586=
Tax-exempt reserves132€117k€113k▼
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€-100k€-115k▼
Provisions and deferred taxes16€39k€38k▼
Deferred taxes168€39k€38k▼
Amounts payable17/49€1.87M€1.89M▲
Amounts payable after more than one year17€1.37M€1.39M▲
Financial debts170/4€1.37M€1.39M▲
Amounts payable within one year42/48€504k€493k▼
Current portion of amounts payable after more than one year42€51k€52k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Other amounts payable47/48€449k€433k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€60k€51k▼
Operating profit (loss)9901€33k€23k▼
Financial charges65/66B€43k€44k▲
Recurring financial charges65€43k€44k▲
Profit (loss) for the period before taxes9903€-10k€-21k▼
Transfer from deferred taxes780€2k€2k=
Profit (loss) for the period9904€-9k€-19k▼
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€-4k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-100k€-115k▼
Profit (loss) brought forward from the previous period14P€-96k€-100k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €22k | €22k | €22k | €22k | ▲ 0.2% |
| Other operating charges640/8 | €5k | €5k | €5k | €6k | €6k | ▲ 7.1% |
| Gross operating margin9900 | €49k | €52k | €53k | €60k | €51k | ▼ 15.1% |
| Operating profit (loss)9901 | €22k | €25k | €26k | €33k | €23k | ▼ 29.2% |
| Financial charges65/66B | €28k | €27k | €28k | €43k | €44k | ▲ 1.8% |
| Recurring financial charges65 | €28k | €27k | €28k | €43k | €44k | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €-6k | €-1k | €-2k | €-10k | €-21k | ▼ 99.1% |
| Transfer from deferred taxes780 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) for the period9904 | €-5k | €265 | €67 | €-9k | €-19k | ▼ 117% |
| Transfer from tax-exempt reserves789 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) for the period to be appropriated9905 | €230 | €5k | €5k | €-4k | €-14k | ▼ 260% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.06M | €2.03M | €2.03M | €2.01M | €2.00M | ▼ 0.2% |
| Formation expenses20 | €2k | €1k | €1k | €682 | €341 | ▼ 50.0% |
| Fixed assets21/28 | €2.05M | €2.03M | €2.01M | €1.99M | €1.97M | ▼ 1.0% |
| Tangible fixed assets22/27 | €2.05M | €2.03M | €2.01M | €1.99M | €1.97M | ▼ 1.0% |
| Land and buildings22 | €2.05M | €2.03M | €2.01M | €1.99M | €1.97M | ▼ 1.0% |
| Current assets29/58 | €6k | €841 | €15k | €14k | €31k | ▲ 117% |
| Amounts receivable within one year40/41 | €3k | - | - | - | €869 | - |
| Other amounts receivable41 | €3k | - | - | - | €869 | - |
| Cash at bank and in hand54/58 | €3k | €841 | €12k | €14k | €25k | ▲ 79.3% |
| Deferred charges and accrued income490/1 | - | - | €4k | - | €4k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.06M | €2.03M | €2.03M | €2.01M | €2.00M | ▼ 0.2% |
| Equity10/15 | €104k | €105k | €105k | €96k | €77k | ▼ 19.9% |
| Contributions10/11 | €38k | €38k | €38k | €38k | €42k | ▲ 10.0% |
| Capital10 | €38k | - | - | - | - | - |
| Issued capital100 | €38k | - | - | - | - | - |
| Outside capital11 | - | €38k | €38k | €38k | €42k | ▲ 10.0% |
| Other1109/19 | - | €38k | €38k | €38k | €42k | ▲ 10.0% |
| Reserves13 | €172k | €168k | €163k | €158k | €150k | ▼ 5.5% |
| Non-distributable reserves130/1 | €4k | €4k | €4k | €4k | €586 | ▼ 86.7% |
| Legal reserve130 | €4k | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €4k | €4k | €4k | - | - |
| Other1319 | €586 | €586 | €586 | €586 | €586 | = |
| Tax-exempt reserves132 | €132k | €127k | €122k | €117k | €113k | ▼ 4.1% |
| Distributable reserves133 | €36k | €36k | €36k | €36k | €36k | = |
| Profit (loss) carried forward14 | €-106k | €-101k | €-96k | €-100k | €-115k | ▼ 14.2% |
| Provisions and deferred taxes16 | €44k | €42k | €41k | €39k | €38k | ▼ 4.1% |
| Deferred taxes168 | €44k | €42k | €41k | €39k | €38k | ▼ 4.1% |
| Amounts payable17/49 | €1.91M | €1.89M | €1.88M | €1.87M | €1.89M | ▲ 0.9% |
| Amounts payable after more than one year17 | €1.38M | €1.36M | €1.37M | €1.37M | €1.39M | ▲ 2.1% |
| Financial debts170/4 | €1.38M | €1.36M | €1.37M | €1.37M | €1.39M | ▲ 2.1% |
| Amounts payable within one year42/48 | €497k | €522k | €512k | €504k | €493k | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | €50k | €51k | €50k | €51k | €52k | ▲ 1.9% |
| Trade debts44 | €17k | €960 | €4k | €5k | €8k | ▲ 74.4% |
| Suppliers440/4 | €17k | €960 | €4k | €5k | €8k | ▲ 74.4% |
| Other amounts payable47/48 | €430k | €471k | €459k | €449k | €433k | ▼ 3.5% |
| Accrued charges and deferred income492/3 | €34k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €265 | €67 | €-9k | €-19k | ▼ 117% |
| + Depreciation and write-downs630 | €22k | €22k | €22k | €22k | €22k | ▲ 0.2% |
| Operating cash flow (approximation) | €17k | €22k | €22k | €13k | €3k | ▼ 80.2% |
| Investment in fixed assets (approximation) | - | €-853 | €-341 | €-2k | €-2k | ▲ 8.8% |
| Change in cash | - | €-2k | €11k | €3k | €11k | ▲ 344% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 194 days late
31-03
Financial
Back to profitnet €265
Net result €265 after 3 loss-making years.
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 41 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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.
Directors · office · real estate
Directors
2 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, Ranst · 1 establishment unit since 2010
Ground area
865 m²
Building footprint
161 m²
Volume, LiDAR
1,353 m³
Parcel 11035C0422/00L000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
SINGITA
since 20102.185.709.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035C0422/00L000 | Flanders | 865 m² | 1 · 161 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded23-02-2010
Fiscal year end31-03
Scores and ratios are computed by Checked and are not a credit decision.