TONG SING
ActiveTONG SING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €679k and a net result of €240k. Equity is growing by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 26.18 against 13.22 in 2024; short-term debt: 3.5% and cash: 28.2% of total assets), and 3.5% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.5%
Return on assets
34.2%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
73 d early
2023
62 d early
2022
40 d early
2021
41 d early
2020
5 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€679k▲ 13.1%
2024 · €600k
2018: €103k
2019: €122k
2020: €175k
2021: €247k
2022: €315k
2023: €421k
2024: €600k
2018 → 2025
Total assets
€704k▲ 10.2%
2024 · €638k
2018: €128k
2019: €193k
2020: €205k
2021: €268k
2022: €373k
2023: €446k
2024: €638k
2018 → 2025
Net result
€240k▲ 23.1%
2024 · €195k
2018: €19k
2019: €75k
2020: €53k
2021: €72k
2022: €103k
2023: €120k
2024: €195k
2018 → 2025
Working capital
€613k▲ 32.8%
2024 · €462k
2018: €77k
2019: €99k
2020: €154k
2021: €230k
2022: €304k
2023: €412k
2024: €462k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€315k▲ 27.3%€421k▲ 33.7%€600k▲ 42.7%€679k▲ 13.1%
Operating result€102k-€159k▲ 56.6%€178k▲ 12.1%€281k▲ 57.8%€347k▲ 23.3%
Net result€72k-€103k▲ 43.1%€120k▲ 15.7%€195k▲ 63.1%€240k▲ 23.1%
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 four years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €704k
Fixed assets
€66k▼ 52.2%
Current assets
€637k▲ 27.6%
Equity and liabilities €704k
Equity
€679k▲ 13.1%
Debt
€24k▼ 35.6%
The debt ratio falls from 5.9% to 3.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€349k▲
2024 · €283k
Cash flow
€242k▲
2024 · €197k
Solvency
96.5%▲
2024 · 94.1%
Current ratio
26.18▲
2024 · 13.22
Quick ratio
25.70▲
2024 · 13.22
Debt / equity
0.04▼
2024 · 0.06
ROE
35.4%▲
2024 · 32.5%
ROA
34.2%▲
2024 · 30.6%
Interest coverage
247.49▼
2024 · 372.18
Debt
€24k▼
2024 · €38k
Debt ≤ 1 year
€24k▼
2024 · €38k
Income taxes
€114k▲
2024 · €91k
Staff costs
€7k
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
Balance sheet
Code20242025
Assets
Total assets20/58€638k€704k▲
Fixed assets21/28€139k€66k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€948€808▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€133k€63k▼
Current assets29/58€500k€637k▲
Stocks and contracts in progress3-€12k
Stocks30/36-€12k
Amounts receivable within one year40/41€11k€27k▲
Trade receivables40€8k€15k▲
Other amounts receivable41€2k€13k▲
Current investments50/53€300k€400k▲
Cash at bank and in hand54/58€186k€198k▲
Deferred charges and accrued income490/1€3k€210▼
Equity and liabilities
Total equity and liabilities10/49€638k€704k▲
Equity10/15€600k€679k▲
Contributions10/11€12k€12k=
Reserves13€588k€667k▲
Distributable reserves133€588k€667k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€38k€24k▼
Amounts payable within one year42/48€38k€24k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€34k€14k▼
Taxes450/3€32k€12k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€944€8k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€6k▲
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€290k€361k▲
Operating profit (loss)9901€281k€347k▲
Financial income75/76B€6k€9k▲
Recurring financial income75€6k€9k▲
Financial charges65/66B€760€1k▲
Recurring financial charges65€760€1k▲
Profit (loss) for the period before taxes9903€287k€354k▲
Income taxes67/77€91k€114k▲
Profit (loss) for the period9904€195k€240k▲
Profit (loss) for the period to be appropriated9905€195k€240k▲
Appropriation of the result
Profit (loss) to be appropriated9906€195k€240k▲
Transfer from equity791/2€16k€162k▲
Transfer to equity691/2€195k€240k▲
To other reserves6921€195k€240k▲
Profit to be distributed694/7€16k€162k▲
Return on contributions (dividend)694€16k€162k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €240k ▲23.1%
Operating result €347k, net result €240k, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €600k ▲42.7%
7 profitable years in a row build equity to €600k.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 17.18
Current ratio from 6.21 to 17.18; short-term debt falls from €58k to €25k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €247k ▲41.4%
4 profitable years in a row build equity to €247k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 6.12
Current ratio from 2.40 to 6.12; short-term debt falls from €71k to €30k.
31-12
Financial
Equity above €150kEq €175k ▲43.4%
3 profitable years in a row build equity to €175k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Knokke-Heist · 1 establishment unit since 2011
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.
Vlamingstraat 648301 Knokke-HeistGround area
203 m²
Building footprint
203 m²
Volume, LiDAR
3,115 m³
Parcel 31008I0162/00_000, Flanders · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TONG SING
since 20112.194.746.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0162/00_000 | Flanders | 203 m² | 1 · 203 m² | 18.9 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.194.746.546
Similar companies · same sector, comparable size
DKI
BE 0631.723.683
Aalst · Eq €679k
OAK
BE 0660.869.215
Gent · Eq €680k
LOONG
BE 0889.206.522
Jabbeke · Eq €680k
DECEUNINCK FREDERIK
BE 0881.982.101
Knokke-Heist · Eq €676k
XIN SEN
BE 0472.229.850
Torhout · Eq €683k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 5,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:050-512470