SINGH-KAUR

Active

Private limited companyfounded 20224 yrs activeTongerlodorp 6, 2260 Westerlo, BelgiumKBO/BCE: BE 0783.542.937

The computed 12-month bankruptcy probability of SINGH-KAUR is 3.8% (moderate). The 2024 annual accounts show equity of €11k and a net result of €8k. Equity is growing by ~164.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 26046 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

44 / 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

Profitability52▲+6

Solvency34▲+6

Growth78=

Track record94

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity short (current ratio 0.86 against 0.7 in 2023; short-term debt: 27.9% and cash: 0.8% of total assets), and 91% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 →

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 2024

Solvency, return and age of the figures

Solvency

Return on assets

Age of the figures

21 mo

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 22-01-2026, 175 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 filings

Deviation from the deadline

2025

not confirmed

2024

175 d late

2023

92 d late

2022

30 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€11k▲ 204%

2023 · €4k

2022: €-908 2023: €4k

2022 → 2024

Total assets

€127k▼ 4.1%

2023 · €132k

2022: €122k 2023: €132k

2022 → 2024

Net result

€8k▲ 64.5%

2023 · €5k

2022: €-6k 2023: €5k

2022 → 2024

Working capital

€-5k▲ 61.4%

2023 · €-13k

2022: €-19k 2023: €-13k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€-908-€4k€11k▲ 204%

Operating result€-4k-€12k€17k▲ 40.3%

Net result€-6k-€5k€8k▲ 64.5%

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 40% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €127k

76.0%

24.0%

Fixed assets €96k▼ 6.1%

Current assets €30k▲ 2.8%

Equity and liabilities €127k

91.0%

Equity €11k▲ 204%

Debt €115k▼ 10.2%

The debt ratio falls from 97.2% to 91.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€23k▲

2023 · €20k

Cash flow

€14k▲

2023 · €13k

Solvency

9.0%▲

2023 · 2.8%

Current ratio

0.86▲

2023 · 0.70

Quick ratio

0.30▲

2023 · 0.23

Debt / equity

10.11▼

2023 · 34.27

ROE

67.2%▼

2023 · 124.3%

ROA

6.0%▲

2023 · 3.5%

Interest coverage

3.08▲

2023 · 2.73

Debt

€115k▼

2023 · €128k

Debt ≤ 1 year

€35k▼

2023 · €42k

Debt > 1 year

€80k▼

2023 · €86k

Income taxes

€2k

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€132k€127k▼

Fixed assets21/28€102k€96k▼

Tangible fixed assets22/27€102k€96k▼

Land and buildings22€90k€85k▼

Plant, machinery and equipment23€12k€11k▼

Current assets29/58€30k€30k▲

Stocks and contracts in progress3€20k€20k=

Stocks30/36€20k€20k=

Amounts receivable within one year40/41€5k€10k▲

Trade receivables40€0-

Other amounts receivable41€5k€10k▲

Cash at bank and in hand54/58€5k€1k▼

Equity and liabilities

Total equity and liabilities10/49€132k€127k▼

Equity10/15€4k€11k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€-1k€6k▲

Amounts payable17/49€128k€115k▼

Amounts payable after more than one year17€86k€80k▼

Financial debts170/4€86k€80k▼

Amounts payable within one year42/48€42k€35k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Financial debts43€15k€10k▼

Credit institutions430/8€15k€10k▼

Trade debts44€11k€13k▲

Suppliers440/4€11k€13k▲

Taxes, remuneration and social security45-€2k

Taxes450/3-€2k

Other amounts payable47/48€10k€5k▼

Accrued charges and deferred income492/3€0-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼

Other operating charges640/8€1k€883▼

Gross operating margin9900€21k€24k▲

Operating profit (loss)9901€12k€17k▲

Financial income75/76B€7€1▼

Recurring financial income75€7€1▼

Financial charges65/66B€7k€7k▲

Recurring financial charges65€7k€7k▲

Profit (loss) for the period before taxes9903€5k€9k▲

Income taxes67/77-€2k

Profit (loss) for the period9904€5k€8k▲

Profit (loss) for the period to be appropriated9905€5k€8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-1k€6k▲

Profit (loss) brought forward from the previous period14P€-6k€-1k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2026

22-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 175 days late

2024

31-12

Financial Highest result since 2022net €8k ▲64.5%

Operating result €17k, net result €8k, both a record.

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 92 days late

2023

31-12

Financial Back to profitnet €5k

Net result €5k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

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, Westerlo · 3 establishment units since 2022

establishment All 3 establishment units on the map

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.

Tongerlodorp 62260 Westerlo

Ground area

881 m²

Building footprint

532 m²

Volume, LiDAR

3,284 m³

3 parcels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.

3 establishment units

Megnani

Tongerlodorp 6, 2260 WesterloRetail trade

since 20222.329.769.556

SINGH-KAUR

Dambruggestraat 283, 2060 AntwerpenWholesale trade

since 20252.377.120.996

SINGH-KAUR

Herentalsesteenweg 66, 2460 KasterleeLimited-service restaurants, excluding mobile food services

since 20262.390.173.436

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13018E0228/00R021	Flanders	414 m²	1 · 236 m²	10.7 m · 1 fl.
13039E0376/00L000	Flanders	281 m²	1 · 110 m²	11.3 m · 3 fl.
11807G0190/00B006	Flanders	186 m²	1 · 186 m²	10.7 m · 3 fl.