Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Singel Groep from Merelbeke-Melle, company number BE0707538982, closed financial year 2025 with a result of € 242,114 after tax. For that financial year De Singel Groep recorded a gross margin of € 1 million and equity of € 442,587. Compared with financial year 2024, the result moved from € 199,267 to € 242,114. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 442,587
▲ 121% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 242,114
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 195,105
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -57,413.
People and assets in 2025
0.8
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 34,509
▲ 52% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 295,372
▼ 12% vs 2024
Of which on lease € 268,799.
Debts at end 2025
€ 1.8 million
▼ 10% vs 2024
€ 507,502 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 216,479
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,902
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 858,491 | € 680,132 | € 857,560 | € 1,006,280 | ▲ 17% |
| Profit after taxes | € 226,718 | € 56,061 | € 199,267 | € 242,114 | ▲ 22% |
| Equity | € -54,855 | € 1,206 | € 200,473 | € 442,587 | ▲ 121% |
| Total debts | € 3,608,464 | € 3,011,987 | € 2,614,296 | € 2,214,693 | ▼ 15% |
| Cash | € 49,510 | € 62,746 | € 265,548 | € 195,105 | ▼ 27% |
| Retained profit | € -554,855 | € -498,794 | € -299,527 | € -57,413 | ▲ € 242,114 |
| Bank debt | € 2,838,468 | € 2,388,334 | € 1,971,923 | € 1,774,285 | ▼ 10% |
| Balance sheet total | € 3,553,609 | € 3,013,193 | € 2,814,768 | € 2,657,279 | ▼ 6% |
| Employees (FTE) | 0.6 | 0 | 0.7 | 0.8 | ▲ 0.1 |
Key figures of De Singel Groep, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to De Singel Groep?
What happened at De Singel Groep in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 242,114 (▲ 22% vs 2024). filed late Source: NBB ↗
- WashCo Holding BV became a director. NBB
- New establishment in Aalst. KBO
- New establishment in Merelbeke-Melle. KBO
- New establishment in Deinze. KBO
- New establishment in Lichtervelde. KBO
- New establishment in Kuurne. KBO
- New establishment in Vilvoorde. KBO
In short
From € 226,718 profit in 2022 to € 242,114 profit in 2025.
Best year ever: 2025, with € 242,114 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind De Singel Groep is WashCo Holding BV.
Directors
According to the 2025 annual accounts
Director · represented by Ottevaere Francis
since 2026
Establishments
Establishment units
Physical locations of this company
Merelbekestraat 2A
9090 Merelbeke-Melle
Merestraat 167
9300 Aalst
Active since 28 September 2018
Emiel Clauslaan 87
9800 Deinze
Active since 28 September 2018
Roeselarebaan 11
8810 Lichtervelde
Active since 28 September 2018
Ringlaan 13
8520 Kuurne
Active since 28 September 2018
Mechelsesteenweg 297
1800 Vilvoorde
Active since 28 September 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0707.538.982
- VAT number
- BE 0707.538.982
- Registered office
- Merelbekestraat 2A, 9090 Merelbeke-Melle
- Names & denominations
- De Singel Groep
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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