Equity
€467,725 ▼ 4.8%
SNAET paid out €74,571 in dividends. That is 146% of the 2025 profit.
SNAET
Lifetime
7 annual accounts with figures on one time axispeak €515,398 (2024)
€512,784▼ 0.5%
peak €92,015 (2021)
€51,229▼ 35.1%
peak €491,066 (2024)
€467,725▼ 4.8%
€236,563▼ 1.2%
peak 8 FTE (2020)
7.7 FTE▲ 13.2%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Result from €78,887 to €51,229Staff from 6.8 FTE to 7.7 FTEDividend €74,571Cash from €407,260 to €181,435
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as SNAET has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for SNAET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Changes of role: (director) and (director)
General meeting of 21-06-2023 · Gazette deed
First establishment
Rijselstraat 50, Bruges
Incorporation
Founding capital of €25,000, 250 shares · Appointments: (manager) and (manager) · Capital of €25,000, 250 shares · published on 30-04-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SNAET Bruges | €704,287 | €512,784 | 66.4% | 7.7 |
| BRAVLI Aalter | €655,678 | €490,114 | 21.1% | 9 |
| Butchery Jef Schoten | €765,000 | €429,164 | 16.4% | 8.6 |
| ISAKON Aalter | €650,671 | €564,843 | 20.5% | 9.3 |
| IKOMAR Aalter | €600,515 | €503,394 | 3.0% | 6.6 |
| MSC TRAITEUR Liège | €628,000 | €522,640 | 23.8% | 9.8 |
| Goeminne Kontich Kontich | €712,884 | €524,120 | 26.5% | 10 |
These companies have the same main activity as SNAET: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €601,000 and €765,000, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 25-04-2018Normal situation
- Activity
- Retail sale of meat and meat products, excluding game and poultryNACE 47221and 5 others
- Establishment unit
- 2.277.009.4748200 Bruges, since 01-07-2018
- Financial year end
- 30 June
- Peppol
- Reachable
Annual accounts to 30-06-2025
- ≈ €2.2mestimated
- €704,287▼ 3.6%
- Employeeson 30-06-2025
- 9=
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on SNAET
SNAET files the abbreviated format. That format states no turnover. The gross margin rose from €419,338 in 2019 to €512,784 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SNAET
- What is the company number of SNAET?
- The company number of SNAET is 0695.478.518. The VAT number is the same number with BE in front: BE 0695.478.518.
- Where is SNAET based?
- The registered office is at Rijselstraat 50, 8200 Bruges.Company details
- What does SNAET do?
- According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
- What is the legal form of SNAET?
- SNAET is a private limited company (BV).
- When was SNAET founded?
- SNAET was founded on 25-04-2018.
- Is SNAET still active?
- Yes, SNAET is an active enterprise in the KBO register.
- How many employees does SNAET have?
- SNAET had an average of 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SNAET?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €512,784 and 48 comparable companies (NACE 472). It probably lies between €1.5m and €3.5m.
- Is SNAET profitable?
- In financial year 2025, SNAET made a profit of €51,229.
- Where can I find the annual accounts of SNAET?
- SNAET filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SNAET due?
- SNAET must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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