Snels L.E.B.
ActiveSummary
Snels L.E.B. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,976 and a net result of €28,725. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-26
Solvency39▼-22
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.4 in 2024; short-term debt: 46.9% and cash: 6.1% of total assets), and 86.2% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.8%
Return on assets
1.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8281 sector peers (2025).
NBB · sector comparisonPosition among 8281 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
44 d early
2023
44 d early
2022
43 d early
2021
25 d early
2020
20 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 18 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€256,976▼ 22.9%
2024 · €333,252
Total assets
€1.9m▲ 101%
2024 · €929,118
Net result
€28,725▼ 55.4%
2024 · €64,426
Working capital
€80,989▼ 63.6%
2024 · €222,599
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€15,379€117,539€77,811▼ 33.8%€110,902▲ 42.5%€76,276▼ 31.2%
Net result-€30,775below the sector's middle half€80,273within the sector's middle half€49,919within the sector's middle half▼ 37.8%€64,426within the sector's middle half▲ 29.1%€28,725within the sector's middle half▼ 55.4%
Equity€170,789within the sector's middle half▼ 50.0%€251,062within the sector's middle half▲ 47.0%€300,981within the sector's middle half▲ 19.9%€333,252within the sector's middle half▲ 10.7%€256,976within the sector's middle half▼ 22.9%
Total assets€777,089within the sector's middle half▼ 16.4%€914,896within the sector's middle half▲ 17.7%€1.1mwithin the sector's middle half▲ 17.1%€929,118within the sector's middle half▼ 13.3%€1.9mwithin the sector's middle half▲ 101%
Debt€606,300▲ 3.2%€663,834▲ 9.5%€770,322▲ 16.0%€595,866▼ 22.6%€1.6m▲ 170%
Working capital€10,011below the sector's middle half▼ 94.3%€109,512within the sector's middle half▲ 994%€217,091within the sector's middle half▲ 98.2%€222,599within the sector's middle half▲ 2.5%€80,989within the sector's middle half▼ 63.6%
Solvency22.0%within the sector's middle half▼ 14.8pp27.4%within the sector's middle half▲ 5.5pp28.1%within the sector's middle half▲ 0.7pp35.9%within the sector's middle half▲ 7.8pp13.8%below the sector's middle half▼ 22.1pp
Current ratio1.02below the sector's middle half▼ 0.391.17within the sector's middle half▲ 0.161.30within the sector's middle half▲ 0.131.40within the sector's middle half▲ 0.091.09below the sector's middle half▼ 0.31
Return on assets (ROA)-4.0%below the sector's middle half▼ 10.5pp8.8%within the sector's middle half▲ 12.7pp4.7%within the sector's middle half▼ 4.1pp6.9%within the sector's middle half▲ 2.3pp1.5%within the sector's middle half▼ 5.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€909,978 ▲ 510%
Current assets
€956,591 ▲ 22.7%
Equity and liabilities €1.9m
Equity
€256,976 ▼ 22.9%
Debt
€1.6m ▲ 170%
Debt's share of the balance-sheet total rises from 64.1% to 86.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€125,300▼
2024 · €178,111
Cash flow
€77,748▼
2024 · €131,635
Quick ratio
0.98▼
2024 · 1.39
Debt to equity
6.26▲
2024 · 1.79
ROE
11.2%▼
2024 · 19.3%
Interest coverage
3.67▼
2024 · 9.17
Debt ≤ 1 year
€875,602▲
2024 · €557,246
Debt > 1 year
€731,315▲
2024 · €37,666
Income taxes
€13,382▼
2024 · €27,072
Staff costs
€1,337▲
2024 · €1,146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
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%.
| 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 4,681 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,068 | €1,182 | €1,146 | €1,337 | ▲ 16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €83,379 | €66,326 | €56,100 | €67,209 | €49,024 | ▼ 27.1% |
| Other operating charges640/8 | - | €10,486 | €3,811 | €5,266 | €85,929 | ▲ 1,532% |
| Gross operating margin9900 | €72,711 | €195,420 | €138,903 | €184,523 | €212,567 | ▲ 15.2% |
| Operating profit (loss)9901 | -€15,379 | €117,539 | €77,811 | €110,902 | €76,276 | ▼ 31.2% |
| Financial income75/76B | - | €3 | €5 | €17 | €15 | ▼ 9.4% |
| Recurring financial income75 | €14 | €3 | €5 | €17 | €15 | ▼ 9.4% |
| Financial charges65/66B | - | €4,023 | €12,270 | €19,421 | €34,185 | ▲ 76.0% |
| Recurring financial charges65 | €7,459 | €4,023 | €12,270 | €19,421 | €34,185 | ▲ 76.0% |
| Profit (loss) for the period before taxes9903 | -€22,823 | €113,519 | €65,546 | €91,498 | €42,107 | ▼ 54.0% |
| Income taxes67/77 | €7,952 | €33,247 | €15,627 | €27,072 | €13,382 | ▼ 50.6% |
| Profit (loss) for the period9904 | -€30,775 | €80,273 | €49,919 | €64,426 | €28,725 | ▼ 55.4% |
| Profit (loss) for the period to be appropriated9905 | €6,725 | €80,273 | €49,919 | €64,426 | €28,725 | ▼ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €777,089 | €914,896 | €1.1m | €929,118 | €1.9m | ▲ 101% |
| Fixed assets21/28 | €242,394 | €177,505 | €141,506 | €149,273 | €909,978 | ▲ 510% |
| Intangible fixed assets21 | €4,690 | €2,248 | - | - | - | - |
| Tangible fixed assets22/27 | €236,925 | €174,478 | €140,726 | €148,494 | €909,199 | ▲ 512% |
| Land and buildings22 | - | €75,327 | €56,764 | €38,782 | €834,441 | ▲ 2,052% |
| Plant, machinery and equipment23 | - | €5,861 | €4,258 | €3,886 | €4,429 | ▲ 14.0% |
| Furniture and vehicles24 | - | €93,289 | €79,704 | €105,825 | €70,329 | ▼ 33.5% |
| Financial fixed assets28 | €779 | €779 | €779 | €779 | €779 | = |
| Current assets29/58 | €534,695 | €737,391 | €929,797 | €779,845 | €956,591 | ▲ 22.7% |
| Stocks and contracts in progress3 | €142,486 | €84,981 | €3,231 | €4,686 | €102,031 | ▲ 2,077% |
| Stocks30/36 | - | €84,981 | €3,231 | €4,686 | €102,031 | ▲ 2,077% |
| Amounts receivable within one year40/41 | €248,551 | €556,847 | €536,724 | €540,460 | €711,260 | ▲ 31.6% |
| Trade receivables40 | - | €552,675 | €514,094 | €529,132 | €683,144 | ▲ 29.1% |
| Other amounts receivable41 | - | €4,172 | €22,630 | €11,328 | €28,116 | ▲ 148% |
| Cash at bank and in hand54/58 | €132,768 | €74,622 | €351,719 | €193,054 | €114,743 | ▼ 40.6% |
| Deferred charges and accrued income490/1 | - | €20,941 | €38,123 | €41,645 | €28,556 | ▼ 31.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €777,089 | €914,896 | €1.1m | €929,118 | €1.9m | ▲ 101% |
| Equity10/15 | €170,789 | €251,062 | €300,981 | €333,252 | €256,976 | ▼ 22.9% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €105,884 | €186,156 | €236,075 | €268,346 | €192,071 | ▼ 28.4% |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | €180,006 | €229,925 | €262,196 | €185,921 | ▼ 29.1% |
| Profit (loss) carried forward14 | €3,406 | €3,406 | €3,406 | €3,406 | €3,406 | = |
| Amounts payable17/49 | €606,300 | €663,834 | €770,322 | €595,866 | €1.6m | ▲ 170% |
| Amounts payable after more than one year17 | €71,705 | €24,705 | €56,827 | €37,666 | €731,315 | ▲ 1,842% |
| Financial debts170/4 | - | €24,705 | €56,827 | €37,666 | €731,315 | ▲ 1,842% |
| Amounts payable within one year42/48 | €524,683 | €627,879 | €712,706 | €557,246 | €875,602 | ▲ 57.1% |
| Current portion of amounts payable after more than one year42 | - | €219,500 | €201,323 | €191,661 | €272,300 | ▲ 42.1% |
| Trade debts44 | €205,036 | €162,229 | €351,926 | €301,335 | €459,466 | ▲ 52.5% |
| Suppliers440/4 | - | €162,229 | €351,926 | €301,335 | €459,466 | ▲ 52.5% |
| Taxes, remuneration and social security45 | - | €12,993 | €9,218 | €13,791 | €18,647 | ▲ 35.2% |
| Taxes450/3 | - | €11,182 | €6,718 | €9,891 | €14,747 | ▲ 49.1% |
| Remuneration and social security454/9 | - | €1,812 | €2,500 | €3,900 | €3,900 | = |
| Other amounts payable47/48 | - | €233,156 | €150,240 | €50,459 | €125,189 | ▲ 148% |
| Accrued charges and deferred income492/3 | - | €11,250 | €789 | €954 | €2,675 | ▲ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,775 | €80,273 | €49,919 | €64,426 | €28,725 | ▼ 55.4% |
| + Depreciation and write-downs630 | €83,379 | €66,326 | €56,100 | €67,209 | €49,024 | ▼ 27.1% |
| Operating cash flow (approximation) | €52,605 | €146,599 | €106,018 | €131,635 | €77,748 | ▼ 40.9% |
| Investment in fixed assets (approximation) | - | -€1,437 | -€20,100 | -€74,976 | -€809,729 | ▼ 980% |
| Change in cash | - | -€58,146 | €277,097 | -€158,665 | -€78,311 | ▲ 50.6% |
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
Next filing, fiscal year 2026, expected by
2026
08-06
State Gazette act
Resignations: Leo Snels (director) and Eddy Snels (managing director)Reappointment: Bart Snels (managing director)9 facts ▸
State Gazette act
Resignations: Leo Snels (director) and Eddy Snels (managing director)
Reappointment: Bart Snels (managing director)9 facts ▸
- General meeting, 31-03-2026
- Director resignation, Leo Snels (director)
- Board meeting, 31-03-2026
- Director reappointment, Bart Snels (managing director)
- Director resignation, Leo Snels (managing director)
- Director resignation, Eddy Snels (managing director)
- Board composition, Bart Snels (managing director)
- Board composition, Eddy Snels (director)
- Board composition, Robbe Snels (director)
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €80,273
Net result €80,273 after one loss-making year.
30-06
Financial
Equity above €200,000Eq €251,062 ▲47%
Equity rises from €170,789 to €251,062.
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€30,775
Net result drops to -€30,775, the lowest in the series; recovery starts the following year.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 173 days late
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 office holder, last change in 2026
Day-to-day management 1
Bart Snels
CurrentManaging director
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Beerse · 2 establishment units since 1999
Ground area
1,506 m²
Building footprint
443 m²
Volume, LiDAR
2,388 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Ketsenberg 4, 2340 Beerse
since 19992.090.163.027
Ketsenberg 5, 2340 Beerse
since 19992.340.560.114
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13043A0055/00T005 | Flanders | 1,287 m² | 1 · 206 m² | 8.9 m · 2 fl. |
| 13043A0161/00L002 | Flanders | 219 m² | 1 · 237 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 1 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Bart Snels |
|
| Eddy Snels |
|
| Leo Snels |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeerse2.090.163.027
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Company details
Identification
Legal formPublic limited company
Founded05-02-1999
Fiscal year end30-06
Activities, NACEBEL 2025
46231Wholesale of live animals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465139645
Also
9925:BE0465139645
Registered
18-12-2024
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.