Losses
-€8,122 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
SND
Lifetime
16 annual accounts with figures on one time axispeak €11,386 (2010)
-€3,745▼ €3,196
lowest -€10,262 (2015)
-€7,367▼ €6,613
peak €23,490 (2012)
€1,426▼ 83.8%
€5,609▲ 450%
peak 0.5 FTE (2014)
-not published
Board1 name since 2022
1 directorFRAIPONT Christian
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€549 to -€3,745Loss of €7,367Change of role: FRAIPONT Christian, from manager to director 15-12Equity from €8,793 to €1,426Debts from €1,020 to €5,609Investments €1,098
Key points
from the 2025 annual accountsDebts
€5,609 80% of the balance sheet
Investments
€1,098 6.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.67 was 7.31 in 2024
Short-term debts rose from €1,020 to €5,609.
Filings
16 annual accounts since 2010
Nine of the last ten came late. The 2019 accounts came latest: 145 days after the end of the period.
Position in the sector
€1,426
Less equity than 82% of companies in land transport. Sector median €34,680 · 5,953 companies.
Checked score
53
Fair
Financially stronger than 18% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.1 percentage points vs 07-2025
09-2025: 0.7%▲ +0.1 percentage points vs 08-2025
10-2025: 0.4%▼ -0.3 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.7%▼ -0.1 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Sector: Land transport and transport via pipelines (NACE 49)
Loss of €7,367, the second in a row (financial year 2025)
lowers risk
Size: total assets €7,035
Founded in 2009
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 32% of them on solvency, 28% on liquidity, 6% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as SND has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SND itself is lower: 0.7% within 12 months. It rests on far more data about SND than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,294 companies, not a prediction for SND. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.67 (7.31 in 2024), below 1. Short-term debt is 79.7% and cash 19.8% of total assets. 79.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,367
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
30 days late
2023
29 days late
2022
4 days early
2021
31 days late
2020
90 days late
2019
145 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 50 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: FRAIPONT Christian, from manager to director
FRAIPONT Christian holds all the shares · Director discharge: FRAIPONT Christian · General meeting of 11-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0818371479
First establishment
S&S CLEAN, Rue César Despretz 56, Lessines
Incorporation
published on 10-09-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SND Ath | €7,035 | -€3,745 | 20.3% | - |
| MG HORIZON Gerpinnes | €11,843 | -€132 | -181.8% | - |
| COLIS EVRARD IMMOBILIER Andenne | €6,271 | €1,327 | -233.8% | - |
| EGE TRANS Waasmunster | €10,365 | -€1,086 | 89.3% | - |
| R. JOOSSENS Zoersel | €8,647 | -€4,194 | -514.0% | - |
| NIL-TRANS Schaerbeek | €4,649 | -€9,515 | 97.8% | - |
| S.L. DOG SPORTS Blegny | €9,479 | -€1,575 | -133.8% | - |
These companies have the same main activity as SND: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €4,650 and €11,800, founded between 2002 and 2014.
Official details
Source: KBO- Status
- Active since 08-09-2009Normal situation
- Activity
- Freight transport by roadNACE 49410and 1 other
- Establishment unit
- 2.216.945.8867860 Lessines, since 26-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Insights on SND
SND files the micro format. That format states no turnover. The gross margin fell from €11,386 in 2010 to -€3,745 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 SND
- What is the company number of SND?
- The company number of SND is 0818.371.479. The VAT number is the same number with BE in front: BE 0818.371.479.
- Where is SND based?
- The registered office is at Chemin du Grand Marais 59, 7822 Ath.Company details
- What does SND do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of SND?
- SND is a private limited company (BV).
- When was SND founded?
- SND was founded on 08-09-2009.
- Is SND still active?
- Yes, SND is an active enterprise in the KBO register.
- What is the turnover of SND?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is SND profitable?
- In financial year 2025, SND made a loss of €7,367.
- Where can I find the annual accounts of SND?
- SND filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SND due?
- SND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.