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SN 24

Active
Private limited companyfounded 20242 yrs activeRichard Vandeveldestraat 24 A, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1005.345.018
Summary

The computed 12-month bankruptcy probability of SN 24 is 3.9% (moderate). The 2024 annual accounts show equity of €24,158 and a net result of €24,158. Its solvency ranks better than 54% of 26043 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency62
Growth-
Track record67
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.33; short-term debt: 63.5% and cash: 6.1% of total assets), and 63.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
36.5%
Return on assets
36.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 92 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SN 24 was incorporated on 29 January 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€24,158
Total assets
€66,174
Net result
€24,158
Working capital
€13,988

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €66,174
Fixed assets €10,170
Current assets €56,004
Equity and liabilities €66,174
Equity €24,158
Debt €42,016
Debt finances 63.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€28,946
Cash flow
€24,758
Current ratio
1.33
Quick ratio
1.30
Debt to equity
1.74
ROE
100.0%
ROA
36.5%
Interest coverage
23.85
Debt ≤ 1 year
€42,016
Income taxes
€3,052
Staff costs
€13,131

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 47 lines
Balance sheet Code2024
Assets
Total assets20/58€66,174
Fixed assets21/28€10,170
Intangible fixed assets21€2,400
Financial fixed assets28€7,770
Current assets29/58€56,004
Stocks and contracts in progress3€1,500
Stocks30/36€1,500
Amounts receivable within one year40/41€49,406
Trade receivables40€8,685
Other amounts receivable41€40,721
Cash at bank and in hand54/58€4,021
Deferred charges and accrued income490/1€1,077
Equity and liabilities
Total equity and liabilities10/49€66,174
Equity10/15€24,158
Contributions10/11€15,000
Capital10€15,000
Issued capital100€15,000
Reserves13€1,500
Non-distributable reserves130/1€1,500
Legal reserve130€1,500
Profit (loss) carried forward14€7,658
Amounts payable17/49€42,016
Amounts payable within one year42/48€42,016
Trade debts44€19,560
Suppliers440/4€19,560
Taxes, remuneration and social security45€7,456
Taxes450/3€3,052
Remuneration and social security454/9€4,404
Other amounts payable47/48€15,000
Income statement Code2024
Remuneration, social security and pensions62€13,131
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€600
Other operating charges640/8€117
Gross operating margin9900€42,195
Operating profit (loss)9901€28,346
Financial income75/76B€77
Recurring financial income75€77
Financial charges65/66B€1,214
Recurring financial charges65€1,214
Profit (loss) for the period before taxes9903€27,210
Income taxes67/77€3,052
Profit (loss) for the period9904€24,158
Profit (loss) for the period to be appropriated9905€24,158
Appropriation of the result
Profit (loss) to be appropriated9906€24,158
Transfer to equity691/2€1,500
To other reserves6921€1,500
Profit to be distributed694/7€15,000
Directors or managers695€15,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€13,131
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€600
Other operating charges640/8€117
Gross operating margin9900€42,195
Operating profit (loss)9901€28,346
Financial income75/76B€77
Recurring financial income75€77
Financial charges65/66B€1,214
Recurring financial charges65€1,214
Profit (loss) for the period before taxes9903€27,210
Income taxes67/77€3,052
Profit (loss) for the period9904€24,158
Profit (loss) for the period to be appropriated9905€24,158
Line2024
Assets
Total assets20/58€66,174
Fixed assets21/28€10,170
Intangible fixed assets21€2,400
Financial fixed assets28€7,770
Current assets29/58€56,004
Stocks and contracts in progress3€1,500
Stocks30/36€1,500
Amounts receivable within one year40/41€49,406
Trade receivables40€8,685
Other amounts receivable41€40,721
Cash at bank and in hand54/58€4,021
Deferred charges and accrued income490/1€1,077
Equity and liabilities
Total equity and liabilities10/49€66,174
Equity10/15€24,158
Contributions10/11€15,000
Capital10€15,000
Issued capital100€15,000
Reserves13€1,500
Non-distributable reserves130/1€1,500
Legal reserve130€1,500
Profit (loss) carried forward14€7,658
Amounts payable17/49€42,016
Amounts payable within one year42/48€42,016
Trade debts44€19,560
Suppliers440/4€19,560
Taxes, remuneration and social security45€7,456
Taxes450/3€3,052
Remuneration and social security454/9€4,404
Other amounts payable47/48€15,000
Line2024
Profit (loss) for the period9904€24,158
+ Depreciation and write-downs630€600
Operating cash flow (approximation)€24,758

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Schaarbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
286 m²
Building footprint
237 m²
Volume, LiDAR
3,866 m³
Parcel 21902A0309/00T002, Brussels · tallest building 18.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SN 24
Richard Vandeveldestraat 24 A, 1030 SchaarbeekRetail sale of beverages, general range
since 20242.355.044.192
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21902A0309/00T002 Brussels 286 m² 1 · 237 m² 18.0 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,341 companies in sector 47621 we hold annual accounts for 1,245. 986 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47252Retail sale of beverages, general range
47260Retail trade
92000Gambling and betting activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.