SINGAPORE
ActiveSINGAPORE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327k and a net result of €99k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 3644 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+17
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.2 against 3.79 in 2024; short-term debt: 16.1% and cash: 96% of total assets), and 16.1% 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
83.9%
Return on assets
25.3%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
2025
31 d late
2024
41 d early
2023
28 d late
2022
29 d late
2021
2 d early
2020
59 d late
2019
26 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€641k
EBIT margin
6.4%
Net result
€99k▲ 170%
2024 · €37k
2018: €3k
2019: €9k
2020: €90k
2021: €24k
2022: €-18k
2023: €48k
2024: €37k
2018 → 2025
Working capital
€327k▲ 45.6%
2024 · €225k
2018: €47k
2019: €69k
2020: €131k
2021: €147k
2022: €134k
2023: €168k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€641k-
Equity€176k-€158k▼ 10.3%€192k▲ 21.7%€228k▲ 19.1%€327k▲ 43.2%
Operating result€41k-€-18k€80k€64k▼ 19.6%€155k▲ 143%
Net result€24k-€-18k€48k€37k▼ 24.1%€99k▲ 170%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 143% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €390k
Equity
€327k▲ 43.2%
Debt
€63k▼ 33.0%
The debt ratio falls from 29.1% to 16.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
83.9%▲
2024 · 70.9%
Current ratio
6.20▲
2024 · 3.79
Quick ratio
6.20▲
2024 · 3.77
Debt / equity
0.19▼
2024 · 0.41
ROE
30.2%▲
2024 · 16.0%
ROA
25.3%▲
2024 · 11.3%
Debt
€63k▼
2024 · €94k
Debt ≤ 1 year
€63k▼
2024 · €81k
Income taxes
€51k▲
2024 · €23k
Staff costs
€64k▼
2024 · €113k
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€322k€390k▲
Fixed assets21/28€17k-
Tangible fixed assets22/27€17k-
Plant, machinery and equipment23€7k-
Furniture and vehicles24€10k-
Financial fixed assets28€200-
Current assets29/58€305k€390k▲
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€32k€15k▼
Trade receivables40€13k€15k▲
Other amounts receivable41€19k-
Cash at bank and in hand54/58€270k€374k▲
Deferred charges and accrued income490/1€2k€864▼
Equity and liabilities
Total equity and liabilities10/49€322k€390k▲
Equity10/15€228k€327k▲
Contributions10/11€19k€19k=
Reserves13€141k€239k▲
Distributable reserves133€141k€239k▲
Profit (loss) carried forward14€69k€69k=
Amounts payable17/49€94k€63k▼
Amounts payable within one year42/48€81k€63k▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€66k€42k▼
Taxes450/3€16k€41k▲
Remuneration and social security454/9€50k€1k▼
Other amounts payable47/48€9k€17k▲
Accrued charges and deferred income492/3€13k-
Income statement
Code20242025
Remuneration, social security and pensions62€113k€64k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k-
Other operating charges640/8€4k€1k▼
Gross operating margin9900€189k€220k▲
Operating profit (loss)9901€64k€155k▲
Financial income75/76B€2k€309▼
Recurring financial income75€2k€309▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€59k€150k▲
Income taxes67/77€23k€51k▲
Profit (loss) for the period9904€37k€99k▲
Profit (loss) for the period to be appropriated9905€37k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€106k€168k▲
Profit (loss) brought forward from the previous period14P€69k€69k=
Transfer to equity691/2€37k€99k▲
To other reserves6921€37k€99k▲
Social balance
Average headcount (FTE)90876.32.6▼
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
10-08
State Gazette act
PurposeGeneral meeting · Purpose change · Corporate purpose4 facts ▸
State Gazette act
Purpose
General meeting · Purpose change · Corporate purpose4 facts ▸
- General meeting, 22 juli 2026
- Purpose change, Het voorwerp van de vennootschap werd gewijzigd en aangevuld
- Corporate purpose, De vennootschap heeft tot voorwerp, voor eigen rekening als voor rekening van derden, zowel in België als in het buitenland: - Eetgelegenheden met volledige bed…
- Power of attorney, Meesters Accountants
2025
31-12
Financial
Highest result since 2018net €99k ▲170%
Operating result €155k, net result €99k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €228k ▲19.1%
2 profitable years in a row build equity to €228k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-18k ▼176%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Equity above €150kEq €152k ▲147%
3 profitable years in a row build equity to €152k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2025
Suting Yuan: Resigned as Director
13-03-2024
Suting Yuan: Resigned as Director
13-03-2024
LI Jun: Resigned as Director
09-11-2014
Wang Yanfeng: Resigned as Manager
Location & real-estate footprint
Registered office, Boechout · 1 establishment unit since 2012
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.
Provinciesteenweg 5072530 BoechoutGround area
3,531 m²
Building footprint
223 m²
Volume, LiDAR
1,995 m³
Parcel 11004B0399/00G000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SINGAPORE
since 20122.210.248.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004B0399/00G000 | Flanders | 3,531 m² | 1 · 223 m² | 10.1 m · 3 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.
Similar companies · same sector, comparable size
Jurgen Gaens
BE 0892.319.430
Hasselt · Eq €327k
VIDAN
BE 0862.983.066
Antwerpen · Eq €327k
VISTRO
BE 0449.746.438
Brussel · Eq €327k
WAN THAI FOOD
BE 0578.928.959
Braine-le-Château · Eq €327k
DOLCE GRILL
BE 0777.764.509
Frameries · Eq €327k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,453. 7,439 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2012
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.