Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Singel Real Estate from Antwerpen, company number BE0727446946, closed financial year 2025 with a result of € 1,453 after tax. For that financial year Singel Real Estate recorded a gross margin of € 845,106 and equity of € -2.6 million. Compared with financial year 2024, the result moved from € -980,632 to € 1,453. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2026.
€ -2.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,453
▲ still € 980,632 loss in 2024
Profit after tax over the fiscal year.
€ 38
▼ 92% 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 € -2.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 9,470
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31.1 million
▼ 22% vs 2024
€ 120,000 is repaid this year. At this pace the long-term loan is gone in ≈ 173 years.
€ 4.1 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,801
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 428,848 | € 1,473,489 | € 645,524 | € 845,106 | ▲ 31% |
| Profit after taxes | € -1,076,654 | € -777,500 | € -980,632 | € 1,453 | ▲ € 982,085 |
| Equity | € 11,979,021 | € -1,574,555 | € -2,555,188 | € -2,553,735 | |
| Total debts | € 42,297,237 | € 44,916,521 | € 46,119,294 | € 37,015,058 | ▼ 20% |
| Cash | € 53 | € 12 | € 501 | € 38 | ▼ 92% |
| Land & buildings | € 36,406,457 | € 24,216,514 | € 23,940,483 | € 13,551,473 | ▼ 43% |
| Retained profit | € -827,056 | € -1,604,555 | € -2,585,188 | € -2,583,735 | |
| Bank debt | € 39,044,478 | € 40,160,079 | € 39,589,932 | € 31,060,384 | ▼ 22% |
| Balance sheet total | € 54,276,258 | € 43,341,966 | € 43,564,106 | € 34,461,323 | ▼ 21% |
Key figures of Singel Real Estate, 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 Singel Real Estate?
What happened at Singel Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,453. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 1.1 million loss in 2022 to € 1,453 profit in 2025.
Paid € 211,642 in corporate taxes since 2022.
Best year ever: 2025, with € 1,453 profit.
Management
Behind Singel Real Estate is Golden Age BV. Golden Age BV is also behind Immo Topwijk, B-DEVELOPMENT, BIMMO, ABR2 and NERO.
Directors
According to the 2025 annual accounts
Director · represented by Brody Israel
Also active at: Immo Topwijk, B-DEVELOPMENT, BIMMO, ABR2, NERO, SGR, IMMO STROOPSITE, Lionier +6 more
Establishments
Establishment units
Physical locations of this company
Britselei 19
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Immo Topwijk same network
€ -13,940 gross margin · 2025
B-DEVELOPMENT same network
€ 3.4 million revenue · 2024
BIMMO same network
€ -925,916 gross margin · 2025
PARKZICHT GULLEGEM
ABR2 same network
€ -12,274 gross margin · 2024
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.446.946
- VAT number
- BE 0727.446.946
- Registered office
- Britselei 19, 2000 Antwerpen
- Names & denominations
- Singel Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2019
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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