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SNB Concept

Active
Private limited companyfounded 20179 yrs activeSteenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0670.897.926
Summary

The computed 12-month bankruptcy probability of SNB Concept is 3.3% (moderate). The 2024 annual accounts show equity of €44,457 and a net result of €46,326. Its solvency ranks better than 39% of 36370 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

What they do
Other construction installation
NACE 43240NACE 43299
1 site
How big
€119,712total assets 2024
Equity
€44,457
Profit
€46,326
Turnover not published (abridged schema)
Financially healthy?
55 Fair Checked score 2024
Bankruptcy chance 12 m
3.3%
Who decides
Accounts filed 169 d late0 of 5 deeds read
Why 55- Recent warning signals- Higher-failure-rate sector- Ex-officio strike-off- Annual accounts: weaker financial profile- Filed more than 90 days late- Administrative warnings in the KBO publicationsShow the evidence

Checked score

Score 2024
Axes
Profitability100
Solvency62
Growth-
Track record77
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.41; short-term debt: 62% and cash: 2.7% of total assets), and 62.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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
37.1%
Return on assets
38.7%
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 16-01-2026, 169 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
169 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 169 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Address struckSteenweg 245 3890 Die Sitzadresse…

Financials

Fiscal year 2024Total assets €119,712Profit €46,326Solvency 37.1%Liquidity 0.41
Total assets
€119,712
2024
Net result
€46,326
2024
Equity
€44,457
2024
Solvency
37.1%
2024

Financials · fiscal year 2024, micro schema

Trend over the years1 fiscal year

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

Result and balance sheet2024
Balance-sheet composition
Assets €119,712
Fixed assets €89,553
Current assets €30,159
Equity and liabilities €119,712
Equity €44,457
Debt €75,254
Debt finances 62.9% of the balance-sheet total.
Key figures and ratios2024
Key figures and ratios
2024 value
EBITDA
€69,916
Cash flow
€56,868
Current ratio
0.41
Quick ratio
0.25
Debt to equity
1.69
ROE
104.2%
ROA
38.7%
Interest coverage
17.15
Debt ≤ 1 year
€74,225
Debt > 1 year
€1,029
Income taxes
€10,091

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% 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: 3.3% 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 497,341 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% 1.8%
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 26,975 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.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€119,712
Fixed assets21/28€89,553
Tangible fixed assets22/27€89,303
Land and buildings22€80,055
Plant, machinery and equipment23€7,422
Furniture and vehicles24€1,825
Financial fixed assets28€250
Current assets29/58€30,159
Stocks and contracts in progress3€11,338
Stocks30/36€11,338
Amounts receivable within one year40/41€15,516
Trade receivables40€10,523
Other amounts receivable41€4,993
Cash at bank and in hand54/58€3,234
Deferred charges and accrued income490/1€72
Equity and liabilities
Total equity and liabilities10/49€119,712
Equity10/15€44,457
Contributions10/11€23,000
Profit (loss) carried forward14€21,457
Amounts payable17/49€75,254
Amounts payable after more than one year17€1,029
Financial debts170/4€1,029
Amounts payable within one year42/48€74,225
Current portion of amounts payable after more than one year42€9,935
Trade debts44€13,733
Suppliers440/4€13,733
Taxes, remuneration and social security45€11,004
Taxes450/3€11,004
Other amounts payable47/48€39,553
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,542
Other operating charges640/8€581
Gross operating margin9900€70,496
Operating profit (loss)9901€59,374
Financial income75/76B€1,120
Recurring financial income75€1,120
Financial charges65/66B€4,076
Recurring financial charges65€4,076
Profit (loss) for the period before taxes9903€56,417
Income taxes67/77€10,091
Profit (loss) for the period9904€46,326
Profit (loss) for the period to be appropriated9905€46,326
Appropriation of the result
Profit (loss) to be appropriated9906€21,457
Profit (loss) brought forward from the previous period14P-€24,869

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,542
Other operating charges640/8€581
Gross operating margin9900€70,496
Operating profit (loss)9901€59,374
Financial income75/76B€1,120
Recurring financial income75€1,120
Financial charges65/66B€4,076
Recurring financial charges65€4,076
Profit (loss) for the period before taxes9903€56,417
Income taxes67/77€10,091
Profit (loss) for the period9904€46,326
Profit (loss) for the period to be appropriated9905€46,326
Line2024
Assets
Total assets20/58€119,712
Fixed assets21/28€89,553
Tangible fixed assets22/27€89,303
Land and buildings22€80,055
Plant, machinery and equipment23€7,422
Furniture and vehicles24€1,825
Financial fixed assets28€250
Current assets29/58€30,159
Stocks and contracts in progress3€11,338
Stocks30/36€11,338
Amounts receivable within one year40/41€15,516
Trade receivables40€10,523
Other amounts receivable41€4,993
Cash at bank and in hand54/58€3,234
Deferred charges and accrued income490/1€72
Equity and liabilities
Total equity and liabilities10/49€119,712
Equity10/15€44,457
Contributions10/11€23,000
Profit (loss) carried forward14€21,457
Amounts payable17/49€75,254
Amounts payable after more than one year17€1,029
Financial debts170/4€1,029
Amounts payable within one year42/48€74,225
Current portion of amounts payable after more than one year42€9,935
Trade debts44€13,733
Suppliers440/4€13,733
Taxes, remuneration and social security45€11,004
Taxes450/3€11,004
Other amounts payable47/48€39,553
Line2024
Profit (loss) for the period9904€46,326
+ Depreciation and write-downs630€10,542
Operating cash flow (approximation)€56,868

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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Comparable companies5

Similar companies · same sector, comparable size

Of 4,094 companies in this sector we hold annual accounts for 1,634. 1,323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

2 eventsLatest 16-01-2026

History

On 1 February 2017, SNB Concept was incorporated.1 The company has filed annual accounts once, for fiscal year 2024.2

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

Acts, filings and financial milestones

2026
16-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 169 days late
2025
24-01
KBO administration Address struck
Steenweg 245 3890 Die Sitzadresse Steenweg 245 3890 Gingelom Gingelom · event 19-11-2024
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Support & recognitions

1 funding sourceFlanders €7921 register with a recognitionFASFC 1 site
Flemish government
€792
awarded · 2022 - 2025
FASFC
1
authorised site
Subsidies and aid1

Flemish government

2022 to 2025 · 4 entries · €792 awarded · €964 paid
Year Entries awardedpaid
2025 1 €0€0
2024 1 €347€347
2023 1 €149€452
2022 1 €296€165
Schemes
4 entries · €792 · €964 paid · Fonds voor Innoveren en Ondernemen
Recognitions · licences · registrations1

Food safety, FASFC

1 site
Herk-de-Stadunit no. 2.261.427.118
1 permission
Imker - houden bijen · since 01-07-2019

Company details

Private limited company · founded 01-02-2017Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded01-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
32123Manufacture of jewellery
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
43320Joinery installation
43410Roofing work
Contact
Phone 0476923383
E-invoicing
Reachable via Peppol
Peppol ID 0208:0670897926
Also 9925:BE0670897926
Registered 30-10-2023

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

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
5,956 m²
Building footprint
357 m²
Parcel 71003B0070/00Z004, Flanders. Linked by address, not a title deed.
165 companies at this address See who is registered here
1 establishment unit
SNB Concept
Steenweg 3, 3540 Herk-de-StadManufacture of jewellery
since 2017unit no. 2.261.427.118
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71003B0070/00Z004 Flanders 5,956 m² 1 · 357 m² -
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.

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