SNAUWAERT PROJECTS

Active

Private limited companyfounded 20215 yrs activePredikherenstraat 2A, 8750 Wingene, BelgiumKBO/BCE: BE 0765.407.105

The computed 12-month bankruptcy probability of SNAUWAERT PROJECTS is 3.7% (moderate). The 2025 annual accounts show negative equity (€-22k) and a net result of €-3k. Equity is shrinking by ~87.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 27676 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

30 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability61▲+61

Solvency0=

Growth32=

Track record94

Bankruptcy probability, 12 months

3.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.54 against 0.34 in 2024; short-term debt: 157.2% and cash: 7.5% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

-57.2%

Return on assets

-6.5%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

2122232425

2021 to 2025 · latest year €-22k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

28 d early

2024

29 d early

2023

27 d early

2022

4 d early

2021

26 d early

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€-22k▼ 12.8%

2024 · €-20k

2021: €51k 2022: €28k 2023: €19k 2024: €-20k

2021 → 2025

Total assets

€39k▲ 29.1%

2024 · €30k

2021: €71k 2022: €80k 2023: €45k 2024: €30k

2021 → 2025

Net result

€-3k▲ 93.5%

2024 · €-39k

2021: €41k 2022: €-23k 2023: €-8k 2024: €-39k

2021 → 2025

Working capital

€-29k▲ 12.9%

2024 · €-33k

2021: €35k 2022: €3k 2023: €3k 2024: €-33k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€51k-€28k▼ 45.9%€19k▼ 29.7%€-20k€-22k▼ 12.8%

Operating result€41k-€-14k€-8k▲ 40.6%€-37k▼ 341%€-4k▲ 88.8%

Net result€41k-€-23k€-8k▲ 65.0%€-39k▼ 378%€-3k▲ 93.5%

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €4k in 2025 against €37k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €39k

15.9%

84.1%

Fixed assets €6k▼ 52.2%

Current assets €33k▲ 90.4%

Key figures and ratios

2025 value · change against 2024

EBITDA

€5k▲

2024 · €-29k

Cash flow

€6k▲

2024 · €-31k

Solvency

-57.2%▲

2024 · -65.5%

Current ratio

0.54▲

2024 · 0.34

Quick ratio

0.54▲

2024 · 0.34

Debt / equity

-2.75▼

2024 · -2.53

ROA

-6.5%▲

2024 · -129.5%

Interest coverage

35.59▲

2024 · -162.14

Debt

€61k▲

2024 · €50k

Debt ≤ 1 year

€61k▲

2024 · €50k

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€30k€39k▲

Fixed assets21/28€13k€6k▼

Intangible fixed assets21€700€100▼

Tangible fixed assets22/27€12k€6k▼

Plant, machinery and equipment23€7k€3k▼

Furniture and vehicles24€6k€3k▼

Current assets29/58€17k€33k▲

Amounts receivable within one year40/41€15k€25k▲

Trade receivables40€14k€25k▲

Other amounts receivable41€1k-

Cash at bank and in hand54/58€2k€3k▲

Deferred charges and accrued income490/1€649€5k▲

Equity and liabilities

Total equity and liabilities10/49€30k€39k▲

Equity10/15€-20k€-22k▼

Contributions10/11€10k€10k=

Profit (loss) carried forward14€-30k€-32k▼

Amounts payable17/49€50k€61k▲

Amounts payable within one year42/48€50k€61k▲

Trade debts44€17k€20k▲

Suppliers440/4€17k€20k▲

Advances received on contracts in progress46€2k€3k▲

Taxes, remuneration and social security45€1k€5k▲

Taxes450/3€1k€5k▲

Other amounts payable47/48€30k€33k▲

Income statement Code20242025

Remuneration, social security and pensions62€56k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲

Other operating charges640/8€445€2k▲

Gross operating margin9900€27k€6k▼

Operating profit (loss)9901€-37k€-4k▲

Financial income75/76B€1k€2k▲

Recurring financial income75€1k€2k▲

Financial charges65/66B€178€127▼

Recurring financial charges65€178€127▼

Profit (loss) for the period before taxes9903€-36k€-3k▲

Income taxes67/77€3k-

Profit (loss) for the period9904€-39k€-3k▲

Profit (loss) for the period to be appropriated9905€-39k€-3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-39k€-32k▲

Profit (loss) brought forward from the previous period14P-€-30k

Transfer from equity791/2€9k-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-39k

Net result drops to €-39k, the lowest in the series; recovery starts the following year.

04-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

05-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are 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, Wingene · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Predikherenstraat 2A8750 Wingene

Ground area

2,578 m²

Building footprint

287 m²

Volume, LiDAR

812 m³

Parcel 37018D0928/00C002, Flanders · tallest building 4.4 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

SNAUWAERT PROJECTS

Predikherenstraat 2A, 8750 WingeneManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20212.314.676.059

1 parcel

Flanders 1 (100%)