SNAB
ActiveSummary
SNAB has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €334k and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+73
Solvency72=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.47 in 2023; short-term debt: 49.8% and cash: 4.7% of total assets), but 52.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
43 d early
2022
20 d early
2021
26 d early
2020
145 d late
2019
392 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€449k▲ 66.9%
2022 · €269k
2018: €22.44Mhighest value
2019: €21.86M▼ -2.6% vs 2018
2020: €19.68M▼ -10.0% vs 2019
2021: €10.79M▼ -45.2% vs 2020
2022: €269k▼ -97.5% vs 2021lowest value
2024: €449k
2018 → 2024
EBIT margin
11.1%▲ 37.7pp
2022 · -26.6%
2018: -6.4%
2019: -3.9%▲ +38.9% vs 2018
2020: -2.2%▲ +43.0% vs 2019
2021: -3.8%▼ -73.7% vs 2020
2022: -26.6%▼ -592% vs 2021lowest value
2024: 11.1%highest value
2018 → 2024
Net result
€37k
2023 · €-146k
2018: €-1.58Mlowest in 7 years
2019: €-958k▲ +39.3% vs 2018
2020: €-564k▲ +41.1% vs 2019
2021: €-442k▲ +21.7% vs 2020
2022: €-108k▲ +75.5% vs 2021
2023: €-146k▼ -35.6% vs 2022
2024: €37k▲ +125% vs 2023highest in 7 years
2018 → 2024
Working capital
€194k▲ 22.5%
2023 · €158k
2018: €-6.26Mlowest in 7 years
2019: €2.68M▲ +143% vs 2018highest in 7 years
2020: €2.27M▼ -15.3% vs 2019
2021: €1.62M▼ -28.5% vs 2020
2022: €-2.67M▼ -265% vs 2021
2023: €158k▲ +106% vs 2022
2024: €194k▲ +22.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€19.68M-€10.79M▼ 45.2%€269k▼ 97.5%€449k
2020: €19.68Mhighest value
2021: €10.79M▼ -45.2% vs 2020
2022: €269k▼ -97.5% vs 2021lowest value
2024: €449k
Equity€-2.01M-€-2.45M▼ 22.0%€-2.56M▼ 4.4%€298k€334k▲ 12.3%
2020: €-2.01M
2021: €-2.45M▼ -22.0% vs 2020
2022: €-2.56M▼ -4.4% vs 2021lowest in 5 years
2023: €298k▲ +112% vs 2022
2024: €334k▲ +12.3% vs 2023highest in 5 years
Operating result€-436k-€-415k▲ 4.8%€-72k▲ 82.7%€16k€50k▲ 212%
2020: €-436klowest in 5 years
2021: €-415k▲ +4.8% vs 2020
2022: €-72k▲ +82.7% vs 2021
2023: €16k▲ +122% vs 2022
2024: €50k▲ +212% vs 2023highest in 5 years
Net result€-564k-€-442k▲ 21.7%€-108k▲ 75.5%€-146k▼ 35.6%€37k
2020: €-564klowest in 5 years
2021: €-442k▲ +21.7% vs 2020
2022: €-108k▲ +75.5% vs 2021
2023: €-146k▼ -35.6% vs 2022
2024: €37k▲ +125% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 212% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €708k
Fixed assets
€161k ▲ 15.6%
Current assets
€547k ▲ 10.0%
Equity and liabilities €708k
Equity
€334k ▲ 12.3%
Provisions
€20k
Debt
€354k ▲ 4.5%
Debt's share of the balance-sheet total falls from 53.2% to 50.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k
Cash flow
€40k
Current ratio
1.55▲
2023 · 1.47
Quick ratio
0.70▼
2023 · 1.47
Debt to equity
1.06▼
2023 · 1.14
ROE
10.9%▲
2023 · -49.2%
ROA
5.2%▲
2023 · -23.0%
Interest coverage
8.58
Debt ≤ 1 year
€353k▲
2023 · €339k
Income taxes
€-241
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 67 lines
Balance sheet
Code20232024
Assets
Total assets20/58€636k€708k▲
Fixed assets21/28€139k€161k▲
Tangible fixed assets22/27-€22k
Furniture and vehicles24-€21k
Other tangible fixed assets26-€1k
Financial fixed assets28€139k€139k=
Other financial fixed assets284/8€139k€139k=
Amounts receivable and cash guarantees285/8€139k€139k=
Current assets29/58€497k€547k▲
Stocks and contracts in progress3-€301k
Stocks30/36-€301k
Goods purchased for resale34-€301k
Amounts receivable within one year40/41€375k€213k▼
Trade receivables40€374k€137k▼
Other amounts receivable41€953€76k▲
Cash at bank and in hand54/58€122k€33k▼
Equity and liabilities
Total equity and liabilities10/49€636k€708k▲
Equity10/15€298k€334k▲
Contributions10/11€3.52M€3.52M=
Capital10€3.52M€3.52M=
Issued capital100€3.52M€3.52M=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-3.22M€-3.19M▲
Provisions and deferred taxes16-€20k
Provisions for liabilities and charges160/5-€20k
Other liabilities and charges164/5-€20k
Amounts payable17/49€339k€354k▲
Amounts payable within one year42/48€339k€353k▲
Trade debts44€148k€218k▲
Suppliers440/4€148k€218k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€188k€133k▼
Accrued charges and deferred income492/3-€982
Income statement
Code20232024
Operating income70/76A€34k€537k▲
Turnover70-€449k
Other operating income74€10k€63k▲
Non-recurring operating income76A€24k€25k▲
Operating charges60/66A€18k€487k▲
Goods for resale, raw materials and consumables60€750€393k▲
Purchases600/8€750€694k▲
Change in stocks: decrease (increase)609-€-301k
Services and other goods61€44k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-28k€20k▲
Other operating charges640/8€1k€5k▲
Operating profit (loss)9901€16k€50k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Other financial income752/9€2k€0▼
Financial charges65/66B€165k€13k▼
Recurring financial charges65€165k€13k▼
Debt charges650€164k€6k▼
Other financial charges652/9€993€7k▲
Profit (loss) for the period before taxes9903€-146k€36k▲
Income taxes67/77-€-241
Taxes670/3-€2k
Tax adjustments and reversals of tax provisions77-€2k
Profit (loss) for the period9904€-146k€37k▲
Profit (loss) for the period to be appropriated9905€-146k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9.22M€-3.19M▲
Profit (loss) brought forward from the previous period14P€-9.08M€-3.22M▲
Transfer from equity791/2€6.00M-
From contributions791€6.00M-
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €11.21M | €305k | €34k | €537k | ▲ 1,492% |
| Turnover70 | €19.68M | €10.79M | €269k | - | €449k | - |
| Other operating income74 | - | €395k | €36k | €10k | €63k | ▲ 543% |
| Non-recurring operating income76A | - | €27k | - | €24k | €25k | ▲ 5.5% |
| Operating charges60/66A | - | €11.62M | €377k | €18k | €487k | ▲ 2,643% |
| Goods for resale, raw materials and consumables60 | - | €10.18M | €315k | €750 | €393k | ▲ 52,305% |
| Purchases600/8 | - | €5.88M | €26k | €750 | €694k | ▲ 92,375% |
| Change in stocks: decrease (increase)609 | - | €4.31M | €288k | - | €-301k | - |
| Services and other goods61 | - | €1.00M | €51k | €44k | €65k | ▲ 50.2% |
| Remuneration, social security and pensions62 | - | €637k | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68k | €34k | - | - | €3k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-281k | €-23k | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-6k | €22k | €-28k | €20k | ▲ 171% |
| Other operating charges640/8 | - | €52k | €10k | €1k | €5k | ▲ 252% |
| Operating profit (loss)9901 | €-436k | €-415k | €-72k | €16k | €50k | ▲ 212% |
| Financial income75/76B | - | €41k | €11k | €2k | €0 | ▼ 100.0% |
| Recurring financial income75 | €1k | €41k | €11k | €2k | €0 | ▼ 100.0% |
| Other financial income752/9 | - | €41k | €11k | €2k | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €67k | €46k | €165k | €13k | ▼ 91.8% |
| Recurring financial charges65 | €125k | €67k | €46k | €165k | €13k | ▼ 91.8% |
| Debt charges650 | €112k | €61k | €44k | €164k | €6k | ▼ 96.2% |
| Other financial charges652/9 | - | €5k | €2k | €993 | €7k | ▲ 632% |
| Profit (loss) for the period before taxes9903 | €-560k | €-440k | €-107k | €-146k | €36k | ▲ 125% |
| Income taxes67/77 | €4k | €1k | €1k | - | €-241 | - |
| Taxes670/3 | - | €3k | €1k | - | €2k | - |
| Tax adjustments and reversals of tax provisions77 | - | €1k | - | - | €2k | - |
| Profit (loss) for the period9904 | €-564k | €-442k | €-108k | €-146k | €37k | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | €-564k | €-442k | €-108k | €-146k | €37k | ▲ 125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.11M | €2.04M | €1.76M | €636k | €708k | ▲ 11.3% |
| Formation expenses20 | €2k | - | - | - | - | - |
| Fixed assets21/28 | €399k | €139k | €139k | €139k | €161k | ▲ 15.6% |
| Intangible fixed assets21 | €783 | - | - | - | - | - |
| Tangible fixed assets22/27 | €252k | - | - | - | €22k | - |
| Furniture and vehicles24 | - | - | - | - | €21k | - |
| Other tangible fixed assets26 | - | - | - | - | €1k | - |
| Financial fixed assets28 | €146k | €139k | €139k | €139k | €139k | = |
| Other financial fixed assets284/8 | - | €139k | €139k | €139k | €139k | = |
| Amounts receivable and cash guarantees285/8 | - | €139k | €139k | €139k | €139k | = |
| Current assets29/58 | €5.71M | €1.90M | €1.62M | €497k | €547k | ▲ 10.0% |
| Stocks and contracts in progress3 | €4.29M | €266k | - | - | €301k | - |
| Stocks30/36 | - | €266k | - | - | €301k | - |
| Goods purchased for resale34 | - | €266k | - | - | €301k | - |
| Amounts receivable within one year40/41 | €1.32M | €1.54M | €1.61M | €375k | €213k | ▼ 43.2% |
| Trade receivables40 | - | €1.54M | €1.61M | €374k | €137k | ▼ 63.3% |
| Other amounts receivable41 | - | - | €695 | €953 | €76k | ▲ 7,826% |
| Cash at bank and in hand54/58 | €42k | €98k | €11k | €122k | €33k | ▼ 72.5% |
| Deferred charges and accrued income490/1 | - | €5k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.11M | €2.04M | €1.76M | €636k | €708k | ▲ 11.3% |
| Equity10/15 | €-2.01M | €-2.45M | €-2.56M | €298k | €334k | ▲ 12.3% |
| Contributions10/11 | €6.52M | €6.52M | €6.52M | €3.52M | €3.52M | = |
| Capital10 | - | €6.52M | €6.52M | €3.52M | €3.52M | = |
| Issued capital100 | - | €6.52M | €6.52M | €3.52M | €3.52M | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €-8.53M | €-8.97M | €-9.08M | €-3.22M | €-3.19M | ▲ 1.1% |
| Provisions and deferred taxes16 | €60k | €6k | €28k | - | €20k | - |
| Provisions for liabilities and charges160/5 | - | €6k | €28k | - | €20k | - |
| Other liabilities and charges164/5 | - | €6k | €28k | - | €20k | - |
| Amounts payable17/49 | €8.05M | €4.49M | €4.29M | €339k | €354k | ▲ 4.5% |
| Amounts payable after more than one year17 | €4.60M | €4.20M | - | - | - | - |
| Financial debts170/4 | - | €4.20M | - | - | - | - |
| Other loans174 | - | €4.20M | - | - | - | - |
| Amounts payable within one year42/48 | €3.44M | €286k | €4.29M | €339k | €353k | ▲ 4.2% |
| Trade debts44 | €2.04M | €262k | €143k | €148k | €218k | ▲ 47.7% |
| Suppliers440/4 | - | €262k | €143k | €148k | €218k | ▲ 47.7% |
| Taxes, remuneration and social security45 | - | €3k | €3k | €3k | €2k | ▼ 44.6% |
| Taxes450/3 | - | €3k | €3k | €3k | €2k | ▼ 44.6% |
| Other amounts payable47/48 | - | €21k | €4.14M | €188k | €133k | ▼ 29.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €982 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-564k | €-442k | €-108k | €-146k | €37k | ▲ 125% |
| + Depreciation and write-downs630 | €68k | €34k | - | - | €3k | - |
| Operating cash flow (approximation) | €-497k | €-408k | €-108k | €-146k | €40k | ▲ 127% |
| Investment in fixed assets (approximation) | - | €226k | €0 | €0 | €-25k | - |
| Change in cash | - | €57k | €-87k | €111k | €-88k | ▼ 180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
31-08
State Gazette act
Reappointment: RSM INTERAUDIT (statutory auditor)Permanent representative: Laurent Van der Linden3 facts ▸
State Gazette act
Reappointment: RSM INTERAUDIT (statutory auditor)
Permanent representative: Laurent Van der Linden3 facts ▸
- General meeting, 28-05-2026
- Auditor reappointment, RSM INTERAUDIT
- Permanent representative, Laurent Van der Linden
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €37k
Net result €37k after 6 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.47
Current ratio from 0.38 to 1.47; short-term debt falls from €4.29M to €339k.
31-12
Financial
Equity above €200kEq €298k
Equity rises from €-2.56M to €298k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 6.67
Current ratio from 1.66 to 6.67; short-term debt falls from €3.44M to €286k.
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 145 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 392 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 758 days late
Show earlier events
2019
31-12
Financial
Liquidity doublescurrent ratio 1.34
Current ratio from 0.60 to 1.34; short-term debt falls from €15.75M to €7.84M.
05-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 370 days late
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 228 days late
2017
02-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 214 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Leuven · 3 establishment units since 2007
Ground area
5.2 ha
Building footprint
1.6 ha
Volume, LiDAR
101,095 m³
4 parcels, Brussels, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
3 establishment units
SNAB EAST
since 20072.166.873.201
SNAB HASSELT
since 20132.223.370.454
SNAB HERENT
since 20132.223.370.652
4 parcels
Flanders
3
(75%)
Brussels
1
(25%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0577/00C000 | Flanders | 3.5 ha | 1 · 8,941 m² | 10.6 m · 3 fl. |
| 24514C0020/00V000 | Flanders | 8,451 m² | 1 · 4,161 m² | 8.9 m · 2 fl. |
| 24127E0019/00T000 | Flanders | 7,794 m² | 1 · 2,362 m² | 6.8 m · 2 fl. |
| 21612C0210/00V004 | Brussels | 260 m² | 1 · 126 m² | 14.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| RSM INTERAUDITCurrent Auditor · represented by Laurent Van der Linden | 28-05-2026 → present |
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Of 10,667 companies in sector 47811 we hold annual accounts for 5,220. 3,617 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Scores and ratios are computed by Checked and are not a credit decision.