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DE SNIPPE

Inactive KBO/BCE: BE 0430.438.587

Overview

Lifetime

14 annual accounts with figures on one time axis, 31 filings since 1988
peak €248,266 (2005)
€106,304▼ 26.7%
lowest -€58,425 (2006)
-€2,156▼ €34,581
peak €108,958 (2011)
€31,833▼ 6.3%
€26,681▼ 13.6%
peak 9.2 FTE (2005)
2.5 FTE▼ 21.9%
Documentsfilings and deeds
22-08-201922 days late
2018micro format
Gross margin from €145,099 to €106,304Loss of €2,156Staff from 3.2 FTE to 2.5 FTE

Key points

from the 2018 annual accounts, the last ones filed

Equity

€31,833 from €108,958 in 2011

Equity fell by 71% in 7 years.

Staff

2.5 FTE from 9.2 in 2005

Between 2005 and 2018, 73% of the full-time equivalents disappeared.

Filings

31 annual accounts 32 filings since 1988
AprilJune31 JulyOctober199020002010

Five of the last ten came late. The 2011 accounts came latest: 59 days after the end of the period.

No score

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Bruges division · judgment of 06-02-2023 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Bruges division · judgment of 15-06-2020 · Bankruptcy
Incorporation 23 publications in the Belgian Official Gazette, the last on 22-05-2020 · Gazette deed
All 40 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 28-02-1987 · bankruptcy closed on 06-02-2023
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

€106,304
≈ €270,000estimated
€2,156
€31,833
€58,514
2.5 FTE
Filing
Filed on 22-08-2019
Financials

Insights on DE SNIPPE

Equity fell from €108,958 in 2011 to €31,833 in 2018.

On 15 June 2020 the court declared DE SNIPPE bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

micro format, filed on 22-08-2019, 22 days late
€106,304
▼ 26.7%
-€1,830
▼ €35,007
€6,962
▼ 83.4%
€6,636
▼ 83.9%
54.4%
▲ 2.0 percentage points
1.71
▼ 0.06

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €270,000. Estimated: probably between €180,000 and €410,000.

Money flows

no detail for 2018

Balance sheet

balance sheet total €58,514 on 31-12-2018
What the company ownsHow it is paid for

in euro

in euro

Staff

€39,059

Staff costs divided by the average number of full-time equivalents.

level

contracts started contracts ended

In 2018, 4 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20182017201620152014201320122011201020092008200720062005
Balance sheet: assets
20/58 58,51464,88552,13165,27986,645118,243160,730180,751154,699168,413192,934232,029259,107333,260
21/28 13,21015,12624,96133,52745,36881,917108,375126,677118,049136,867165,303190,067206,164104,218
21 ---2,7278,22813,72719,22724,72730,40336,25642,10947,96253,816-
22/27 13,21015,12624,96130,80037,14068,19089,148101,95087,647100,611123,194142,105152,348103,070
22 7,0293,8946,7176,16415,81631,66145,35255,683-71,486----
23 1,8253,0174,9306,2237,09612,06713,42910,83213,85916,88719,91522,94321,59214,609
24 4,3568,21513,31418,41314,22824,46230,36735,4355,74612,23720,42627,08933,85415,606
26 --------68,041-82,85392,07396,90272,856
28 -------------1,148
29/58 45,30449,75827,17031,75241,27736,32652,35554,07436,65031,54727,63141,96252,943229,042
3 17,48216,31513,15614,21817,25516,30619,91817,61618,14915,46914,27414,88716,45751,727
30/36 17,48216,31513,15614,21817,25516,30619,91817,61618,14915,46914,27414,88716,45751,727
40/41 6,08711,5161,2339008,1755,42811,55412,4998,68410,3782,8955,8405,38519,728
40 1216,43164-5,7925,4289,56710,2772,74310,3782,2665,1694,91818,737
41 5,9665,0851,1699002,383-1,9872,2225,941-629671467991
54/58 18,18717,8677,27612,26111,59610,10414,74618,5776,0762,6075,59213,08220,405150,239
490/1 3,5474,0605,5064,3734,2514,4886,1375,3823,7413,0934,8708,15310,6967,349
Balance sheet: equity and liabilities
10/49 58,51464,88552,13165,27986,645118,243160,730180,751154,699168,413192,934232,029259,107333,260
10/15 31,83333,9891,56313,99232,40947,28787,545108,958107,62685,41167,56258,84734,98493,409
10/11 172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000
100 172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000172,000
13 4,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,052
130 4,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,0524,052
14 -144,219-142,063-174,489-162,060-143,643-128,765-88,507-67,094-68,426-90,641-108,490-117,205-141,068-82,643
17/49 26,68130,89650,56851,28754,23670,95673,18571,79347,07383,002125,372173,182224,123239,851
17 02,8987,14111,2638,14816,66723,14633,2775,7318,56129,10651,58470,197-
170/4 02,8987,14111,2638,14816,66723,14633,2775,7318,56129,10651,58470,197-
42/48 26,43127,99843,42639,12446,08854,28950,03938,38741,34374,44296,266121,598153,926237,901
42 2,8984,2434,12112,15113,05710,74310,13210,49611,83520,54622,82925,46420,546-
43 --1,223-2,2092,2761,2142,3212,0605,10814,7292,237-11,651
430/8 --1,223-2,2092,2761,2142,3212,0605,10814,7292,237-11,651
44 14,43516,22727,36013,13922,46526,92622,40712,71614,32824,90818,78730,99636,67447,134
440/4 14,43516,22727,36013,13922,46526,92622,40712,71614,32824,90818,78730,99636,67447,134
46 -22------------
45 8,5586,7319,89313,2998,03714,11415,98011,34813,11914,42315,7568,80317,88934,650
450/3 5,2305,0303,3886,5663,0643,4695,1761,3471,1804,2775,2172,3534,07410,618
454/9 3,3291,7006,5056,7334,97310,64510,80410,00111,93910,14610,5396,45013,81524,033
47/48 5397748285353202303061,506-9,45724,16554,09878,817144,465
492/3 250--900---129-----1,950
Income statement
70 ------395,015408,749---338,489--
76A -2,643-1,886-1,027-1,401-3,537--109,396246,160
9900 106,304145,099127,928120,438124,364104,532121,914138,911160,146137,120127,152153,01128,188248,266
60/61 ------285,576279,101---192,034--
62 97,647101,533122,986113,19698,94693,202104,541102,659100,80686,76080,61590,80994,536220,430
630 8,7928,72714,89524,64936,55036,55035,04332,54530,66029,82730,23429,72214,27668,121
640/8 1,6941,6621,6501,6391,9551,5241,4321,3412,9193,3841,6463,3108,66316,037
66A -----13,087------72,918-
9901 -1,83033,177-11,603-19,046-13,087-26,744-19,1022,36625,76117,14914,65729,170-89,287-56,322
75/76B 2261173724725421,1249922230222053-746856
75 2261173724725421,1249922230222053-746856
65/66B 4367281,1361,5802,1262,3632,1792,6573,8793,0275,9955,3076,36225,455
65 4367281,1361,5802,1262,3632,1792,6573,8793,0275,9955,3076,36225,455
9903 -2,04032,566-12,366-18,268-14,671-40,043-21,1821,33222,18417,8808,71523,863-58,425165,239
67/77 11614162149207215231--3131----
9904 -2,15632,425-12,429-18,417-14,878-40,258-21,4131,33222,21517,8498,71523,863-58,425165,239
9905 -2,15632,425-12,429-18,417-14,878-40,258-21,4131,33222,21517,8498,71523,863-58,425165,239
Appropriation of the result
9906 -144,219-142,063-174,489-162,060-143,643-128,765-88,507-67,094-68,426-90,641-108,490-117,205-141,068-82,643
Social balance sheet
9087 2.53.23.73.53.93.73.73.55.54.73.841.79.2
Hours worked1013 3,8854,8265,0555,3454,5804,3555,1165,1555,3484,8765,0575,8114,73713,725
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1988-2004) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2018 (PDF), filed on 22-08-2019.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2018 annual accounts filed 22 days after the deadline. Filed on 22 August 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-48400594.

Financial year Type Filed Reference Document
31-12-2018 micro format 22-08-2019 2019-48400594 PDF
31-12-2017 micro format 26-09-2018 2018-64500074 PDF
31-12-2016 micro format 30-08-2017 2017-50500537 PDF
31-12-2015 abbreviated format 07-07-2016 2016-28200501 PDF
31-12-2014 abbreviated format 30-06-2015 2015-22900136 PDF
31-12-2013 abbreviated format 28-08-2014 2014-48300239 PDF
31-12-2012 abbreviated format 12-07-2013 2013-29200186 PDF
31-12-2011 abbreviated format 28-09-2012 2012-58100572 PDF
31-12-2010 abbreviated format 28-07-2011 2011-36400309 PDF
31-12-2009 abbreviated format 02-07-2010 2010-25600149 PDF
31-12-2008 abbreviated format 03-07-2009 2009-37500374 PDF
31-12-2007 abbreviated format 01-07-2008 2008-32600229 PDF
31-12-2006 abbreviated format 06-07-2007 2007-37300093 PDF
31-12-2005 abbreviated format 30-05-2007 2007-17200397 PDF
31-12-2004 abbreviated format 29-06-2005 2005-37303263 PDF
31-12-2003 abbreviated format 23-11-2004 2004-80500627 PDF
31-12-2002 abbreviated format 24-07-2003 2003-49800188 PDF
31-12-2001 abbreviated format 07-10-2002 2002-63605343 PDF
31-12-2000 abbreviated format 20-07-2001 2001-42103446 PDF
31-12-1999 abbreviated format 28-06-2000 2000-31603988 PDF
28-02-1999 abbreviated format 29-09-1999 1999-50501527 PDF
28-02-1998 abbreviated format 30-12-1998 1998-64101547 PDF
28-02-1997 abbreviated format 08-01-1999 1999-00603683 PDF
28-02-1996 abbreviated format 28-11-1996 1996-52003316 PDF
28-02-1995 abbreviated format 08-12-1995 1995-59304745 PDF
28-02-1994 abbreviated format 09-09-1994 1994-39201552 PDF
28-02-1993 abbreviated format 17-12-1993 1993-46104996 PDF
28-02-1992 abbreviated format 17-09-1992 1992-32100809 PDF
28-02-1991 abbreviated format 22-08-1991 1991-23001237 PDF
28-02-1990 abbreviated format 25-09-1990 1990-24500816 PDF
28-02-1989 abbreviated format 22-09-1989 1989-22703128 PDF
29-02-1988 abbreviated format 31-08-1988 1988-19605149 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20182017201620152014201320122011201020092008200720062005
6,96241,9043,2925,60323,4639,80615,94134,91156,42146,97644,89158,892-75,01111,799
6,63641,1532,4666,23221,672-3,70813,63033,87752,87547,67538,94953,585-44,149233,360
6,876-1,1076,32921,333111,95816,74044,57011,8431,3905,46913,626219,8802,729
32010,591-4,9856651,492-4,642-3,83112,5013,469-2,985-7,490-7,323-129,834-
18,87321,761-16,256-7,372-4,811-17,9632,31615,687-4,693-42,895-68,635-79,636-100,983-8,859
-------4.8%0.6%---8.6%--
54.4%52.4%3.0%21.4%37.4%40.0%54.5%60.3%69.6%50.7%35.0%25.4%13.5%28.0%
1.711.780.630.810.900.671.051.410.890.420.290.350.340.96
1.051.190.320.450.520.370.650.950.450.220.140.220.240.75
0.840.9132.353.671.671.500.840.660.440.971.862.946.412.57
-6.8%95.4%-795.0%-131.6%-45.9%-85.1%-24.5%1.2%20.6%20.9%12.9%40.6%-167.0%176.9%
-3.7%50.0%-23.8%-28.2%-17.2%-34.0%-13.3%0.7%14.4%10.6%4.5%10.3%-22.5%49.6%
------9 days9 days---6 days--
------29 days17 days---59 days--

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on DE SNIPPE

The operating result for 2018 is a loss of €1,830, after a profit of €33,177 in 2017.

Debt's share of the balance-sheet total falls from 47.6% to 45.6%. Equity and debt are lower.

Board & ownership

Curator

1 mandate
Curator, Tulpenstraat 9, 8370 Blan- Kenberge
from 15-06-2020 to 06-02-2023
Also on 52 other cases

Control

Capital

Capital
€172,000
Source
2018 annual accounts

Office holders in the KBO →

Timeline

Timeline

40 events since 1987
2023
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Bruges division · judgment of 06-02-2023
2020
Bankruptcy published Enterprise Court of Ghent, Bruges division · judgment of 15-06-2020
2019
Annual accounts 2018 filed PDFmicro format · 22 days late
2018
Annual accounts 2017 filed PDFmicro format · 57 days late
2017
Back to profit net €32,425 The net result is €32,425, after 5 loss-making years.
Liquidity more than doubled current ratio 1.78 The current ratio rises from 0.63 to 1.78. Short-term debt falls from €43,426 to €27,998.
Annual accounts 2016 filed PDFmicro format · 30 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 24 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 28 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 19 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 59 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 3 days before the deadline
2010
Equity above €100,000 equity €107,626 ▲26% After 4 profitable years in a row, equity reaches €107,626.
Annual accounts 2009 filed PDFabbreviated format · 29 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 28 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 30 days before the deadline
2007
Back to profit net €23,863 The net result is €23,863, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · 25 days before the deadline
Annual accounts 2005 filed PDFabbreviated format
2006
Weakest financial year net -€58,425 The net result drops to -€58,425, the lowest from 2005 to 2018.
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
Annual accounts 1997 filed PDFabbreviated format
1998
Annual accounts 1998 filed PDFabbreviated format
1996
Annual accounts 1996 filed PDFabbreviated format
1995
Annual accounts 1995 filed PDFabbreviated format
1994
Annual accounts 1994 filed PDFabbreviated format
1993
Annual accounts 1993 filed PDFabbreviated format
1992
Annual accounts 1992 filed PDFabbreviated format
1991
Annual accounts 1991 filed PDFabbreviated format
1990
Annual accounts 1990 filed PDFabbreviated format
1989
Annual accounts 1989 filed PDFabbreviated format
1988
Annual accounts 1988 filed PDFabbreviated format
1987
Incorporation 23 publications in the Belgian Official Gazette, the last on 22-05-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DE SNIPPE has filed 32 sets of annual accounts, the latest for financial year 2018.1 The company was declared bankrupt on 15 June 2020. The bankruptcy was closed on 6 February 2023.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian Official Gazette, 27-07-2020
  3. 3Belgian Official Gazette, 13-02-2023

Company details

Inactive

DE SNIPPE is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2018
Last registered office
Eeuwfeestlaan 8, 8301 Knokke-Heistas published on 22 May 2020
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 1988
Official KBO record