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SN PROJECT

Active
Private limited company·Algemene elektrotechnische installatiewerken· 5 yrs active
Temselaan 3A ·1853 Grimbergen, Belgium
BE 0764.521.534
Watch Print / PDF
Age5 yrs
Staff (FTE)4
Connections3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SN PROJECT is 2.4% (moderate). The 2024 annual accounts show equity of €28k and a net result of €70k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 16% of 11043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€70k+9.0%
Working capital€21k+9.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · micro
€0€25k€50k€75k€100kOperating result 2021: €17k€17kNet result 2021: €14k€14kOperating result 2022: €28k€28kNet result 2022: €21k€21kOperating result 2023: €84k€84kNet result 2023: €64k€64kOperating result 2024: €94k€94kNet result 2024: €70k€70k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~7.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k2025: €31k (€22k - €40k)2026: €34k (€19k - €48k)2027: €36k (€17k - €56k)2021: €16k2022: €36k2023: €29k2024: €28k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 10.0% 40.9%
better than 16% of 11043 sector peers
Net result €70k €11k
better than 92% of 11026 sector peers
Equity €28k €34k
better than 43% of 11047 sector peers
Gross operating margin €280k €35k
better than 95% of 11016 sector peers
Staff costs €179k €25k
higher than 94% of 4017 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€100k
+10.9% far above sector median
Net profit
€70k
+9.0% far above sector median
Cash flow
€76k
+7.7% far above sector median
Total assets
€276k
+79.9% +25% vs sector
Equity
€28k
-4.9% -64% vs sector
Working capital
€21k
+9.5% -38% vs sector
Employees (FTE)
4
+122.2% -15% vs sector
Staff costs
€179k
+256.6% +205% vs sector
Income taxes
€20k
+20.8% far above sector median
Dividends
€71k
0.0% +143% vs sector
Debt
€249k
+99.6% +191% vs sector
Debt ≤ 1y
€249k
+104.1% far above sector median
Current ratio
1.08
-6.3% -28% vs sector
Quick ratio
1.08
-5.9% -16% vs sector
Solvency
10.0%
-47.1% -79% vs sector
Debt / equity
9.03
+109.9% far above sector median
ROE
253.5%
+14.6% far above sector median
ROA
25.3%
-39.4% far above sector median
Interest coverage
25.04
-14.2% +186% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€100k
Net profit€70k
Cash flow€76k
Staff costs€179k
Income taxes€20k
Dividends€71k
Total assets€276k
Equity€28k
Debt€249k
of which ≤ 1y€249k
of which > 1y-
Working capital€21k
Employees (FTE)4.0
Ratios (computed)
2024
Current ratio1.08
Quick ratio1.08
Working capital ratio7.6%
Solvency10.0%
Debt / equity9.03
Long-term debt ratio-
Interest coverage25.04
Gross margin-
Net margin-
ROA25.3%
ROE253.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€276k
Fixed assets 21/28€7k
Intangible fixed assets 21€116
Tangible fixed assets 22/27€6k
Financial fixed assets 28€629
Current assets 29/58€270k
Stocks & contracts in progress 3€496
Amounts receivable within one year 40/41€79k
Cash & bank 54/58€189k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€276k
Equity 10/15€28k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€26k
Amounts payable 17/49€249k
Amounts payable within one year 42/48€249k
Trade debts payable within one year 44€36k
Income statement
Gross operating margin 9900€280k
Operating result 9901€94k
Financial income 75€15
Financial charges 65€4k
Result before taxes 9903€90k
Income taxes 67/77€20k
Net result for the period 9904€70k
Result to be appropriated 9905€70k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
73 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Connections & network

3 connected companies
BELCOMPTA Fiduciaire, Shared address BFBELCOMPTAFiduciaireK&I, Shared address KK&IPB GROUP, Shared address PGPB GROUPSN PROJECT SN PROJECT0764.521.534
Shared address / shareholder
Network connections
BELCOMPTA Fiduciaire
Shared address
K&I
Shared address
PB GROUP
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Establishment units

1 location
Werkhuizenstraat 7, 1080 Sint-Jans-Molenbeek
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
since 20212.314.563.916
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,789 m²
Buildings2
Building footprint673 m²
Volume (LiDAR)3,747 m³
Tallest building12.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21012A0227/00V004 Brussels 1,627 m² 1 · 512 m² 11.3 m · 2 fl.
23084B0064/00H005 Flanders 162 m² 1 · 162 m² 12.2 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health73Profitability100Solvency20Growth78Stability94
73 / 100

Strong profile, led by profitability.

Health 73
Profitability 100
Solvency 20
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Bouwrijp maken van terreinen43120Reparatie en montage van specifieke auto-onderdelen45203Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen45310Groothandel in informatie- en communicatieapparatuur46500Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan46520Groothandel in delen en toebehoren van motorvoertuigen46720Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Draadloze telecommunicatie61200Telecommunicatie via satelliet61300Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Reparatie en montage van specifieke auto-onderdelen95313
Primary activity highlighted.
Names & trade names
Legal nameNL SN PROJECT
Registered office
Temselaan 3A
1853 Grimbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.