P. SNELS
ActiveP. SNELS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.20M and a net result of €272k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79=
Solvency89▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 2.11 in 2024; short-term debt: 26.7% and cash: 0.5% of total assets), and 36.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.9%
Return on assets
7.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
1 d early
2023
2 d early
2022
4 d early
2021
29 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.20M▲ 14.1%
2024 · €1.93M
2018: €381k
2019: €418k
2020: €678k
2021: €923k
2022: €1.50M
2023: €1.68M
2024: €1.93M
2018 → 2025
Total assets
€3.44M▲ 7.6%
2024 · €3.20M
2018: €2.62M
2019: €2.21M
2020: €2.61M
2021: €3.32M
2022: €4.36M
2023: €3.17M
2024: €3.20M
2018 → 2025
Net result
€272k▲ 7.6%
2024 · €253k
2018: €14k
2019: €37k
2020: €260k
2021: €245k
2022: €574k
2023: €179k
2024: €253k
2018 → 2025
Working capital
€1.21M▲ 22.6%
2024 · €984k
2018: €51k
2019: €-26k
2020: €127k
2021: €290k
2022: €751k
2023: €840k
2024: €984k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€923k-€1.50M▲ 62.2%€1.68M▲ 12.0%€1.93M▲ 15.1%€2.20M▲ 14.1%
Operating result€375k-€838k▲ 123%€300k▼ 64.2%€402k▲ 34.2%€417k▲ 3.6%
Net result€245k-€574k▲ 134%€179k▼ 68.8%€253k▲ 41.1%€272k▲ 7.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.44M
Fixed assets
€1.32M▼ 1.3%
Current assets
€2.13M▲ 14.0%
Equity and liabilities €3.44M
Equity
€2.20M▲ 14.1%
Debt
€1.24M▼ 2.3%
The debt ratio falls from 39.7% to 36.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€564k▲
2024 · €537k
Cash flow
€419k▲
2024 · €387k
Solvency
63.9%▲
2024 · 60.3%
Current ratio
2.31▲
2024 · 2.11
Quick ratio
1.69▲
2024 · 1.48
Debt / equity
0.56▼
2024 · 0.66
ROE
12.4%▼
2024 · 13.1%
ROA
7.9%=
2024 · 7.9%
Interest coverage
23.57▲
2024 · 15.58
Debt
€1.24M▼
2024 · €1.27M
Debt ≤ 1 year
€921k▲
2024 · €882k
Debt > 1 year
€321k▼
2024 · €388k
Income taxes
€121k▲
2024 · €115k
Staff costs
€64k▲
2024 · €63k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.20M€3.44M▲
Fixed assets21/28€1.33M€1.32M▼
Tangible fixed assets22/27€1.33M€1.32M▼
Land and buildings22€937k€987k▲
Plant, machinery and equipment23€170k€196k▲
Furniture and vehicles24€227k€132k▼
Current assets29/58€1.87M€2.13M▲
Stocks and contracts in progress3€563k€570k▲
Stocks30/36€563k€570k▲
Amounts receivable within one year40/41€1.19M€1.54M▲
Trade receivables40€946k€1.09M▲
Other amounts receivable41€248k€446k▲
Cash at bank and in hand54/58€109k€17k▼
Equity and liabilities
Total equity and liabilities10/49€3.20M€3.44M▲
Equity10/15€1.93M€2.20M▲
Contributions10/11€19k€19k=
Reserves13€1.91M€2.18M▲
Distributable reserves133€1.91M€2.18M▲
Amounts payable17/49€1.27M€1.24M▼
Amounts payable after more than one year17€388k€321k▼
Financial debts170/4€388k€321k▼
Amounts payable within one year42/48€882k€921k▲
Current portion of amounts payable after more than one year42€150k€135k▼
Financial debts43€243k€300k▲
Other loans439€243k€300k▲
Trade debts44€430k€424k▼
Suppliers440/4€430k€424k▼
Taxes, remuneration and social security45€5k€6k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€55k€57k▲
Income statement
Code20242025
Remuneration, social security and pensions62€63k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€147k▲
Other operating charges640/8€16k€15k▼
Gross operating margin9900€616k€642k▲
Operating profit (loss)9901€402k€417k▲
Financial income75/76B€7€21▲
Recurring financial income75€7€21▲
Financial charges65/66B€34k€24k▼
Recurring financial charges65€34k€24k▼
Profit (loss) for the period before taxes9903€368k€393k▲
Income taxes67/77€115k€121k▲
Profit (loss) for the period9904€253k€272k▲
Profit (loss) for the period to be appropriated9905€253k€272k▲
Appropriation of the result
Profit (loss) to be appropriated9906€253k€272k▲
Transfer to equity691/2€253k€272k▲
To other reserves6921€253k€272k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €2MEq €2.20M ▲14.1%
8 profitable years in a row build equity to €2.20M.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €574k ▲134%
Operating result €838k, net result €574k, both a record.
31-12
Financial
Equity above €1MEq €1.50M ▲62.2%
5 profitable years in a row build equity to €1.50M.
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €678k ▲62%
3 profitable years in a row build equity to €678k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Malle · 1 establishment unit since 1994
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.
Lange Dreef 302390 MalleGround area
8,562 m²
Building footprint
361 m²
Volume, LiDAR
1,652 m³
Parcel 11032B0277/00L003, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
P. SNELS
since 19942.060.219.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032B0277/00L003 | Flanders | 8,562 m² | 1 · 361 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesMalle2.060.219.226
Beerse
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Of 946 companies in sector 46231 we hold annual accounts for 422. 223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-1992
Fiscal year end31-12
Activities, NACEBEL
46231Wholesale of live animals
51230
01199Crop and animal production, hunting and related service activities
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.