v3.26.1
Consolidated Balance Sheets
Dec. 31, 2025
SGD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
SGD ($)
Current assets      
Cash $ 3,807,796 $ 2,961,191 $ 3,373,424
Accounts receivable, net 45,477
Contract assets – current 4,287,038 3,333,881 4,618,205
Loan receivable – third party 1,321,944 1,028,030 2,621,944
Other assets – current 379,857 295,402 52,491
Total current assets 9,919,477 7,714,034 10,731,442
Non-current assets      
Property and equipment, net 292 228 3,546
Right-of-use assets, net 483,135 375,717 390,680
Contract assets – non-current 89,912 69,921 333,786
Other assets – non-current 69,962 54,407 72,354
Total non-current assets 643,301 500,273 800,366
Total assets 10,562,778 8,214,307 11,531,808
Current liabilities      
Accounts payable 833,095 647,869 1,669,596
Contract liabilities 18,153 14,117
Other payables and accruals 495,072 385,000 805,850
Loans and borrowings – current 217,680 169,282 256,729
Operating lease liabilities – current 328,848 255,734 170,776
Finance lease liabilities – current 42,062 32,710 45,032
Total current liabilities 2,939,244 2,285,748 4,002,580
Non-current liabilities      
Deferred tax liabilities, net 251,466 195,556 391,836
Loans and borrowings – non-current 359,071 279,237 579,071
Operating lease liabilities – non-current 69,156 53,780 96,921
Finance lease liabilities – non-current 38,415 29,874 80,476
Total non-current liabilities 718,108 558,447 1,148,304
Total liabilities 3,657,352 2,844,195 5,150,884
Shareholders’ equity      
Accumulated other comprehensive income 17,220 13,391 250,665
Additional paid-in capital 9,401,440 7,311,282 6,290,712
Accumulated deficit (2,516,356) (1,956,883) (163,354)
Total shareholders’ equity 6,905,426 5,370,112 6,380,924
Total liabilities and shareholders’ equity 10,562,778 8,214,307 11,531,808
Class A Ordinary Shares      
Shareholders’ equity      
Ordinary shares value [1],[2] 1,770 1,322 1,549
Class B Ordinary Shares      
Shareholders’ equity      
Ordinary shares value 1,352 1,000 1,352
Related Party      
Current assets      
Accounts receivable – a related party 122,842 95,530 19,901
Current liabilities      
Amount due to related parties $ 1,004,334 $ 781,036 $ 1,054,597
[1] All per share amounts and shares outstanding for all periods have been retroactively adjusted to reflect the 8-for-1 reverse share split for Class A ordinary share of SPRINGVIEW HOLDINGS LTD, which was effective on December 2, 2025.
[2] The shares and per share information are presented on a retrospective basis to reflect the reorganization.