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SNELSTE

Active
Private limited companyfounded 2023active for 3 yearsGuldenschaapstraat 6, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0795.800.866
Summary

The computed 12-month bankruptcy probability of SNELSTE is 19.1% (high). The 2024 annual accounts show negative equity (-€18,305) and a net result of -€12,322. Its solvency ranks better than 8% of 6,608 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Manufacture of other transport equipment
NACE 30990Freight transport by road NACE 49410
2 sites
Size
€35,160total assets 2024
Equity
-€18,305
Loss
-€12,322
Turnover not published (micro format)
Financial health
12 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
19.1%
Structure
Accounts 72 days overdue0 of 4 deeds read
Why 12raises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBO1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 07-10-2025)Show the evidence

Checked score

Score 2024
12 / 100
Critical
Probability in this band: over 15.0%
Financially better than 10% of its sector peers (NACE 30, micro)
Financial strength · tick = 2023
Weak
Solvency 0-15
equity -52.1% of total assets
Liquidity 8+8
short-term debt 144.5% · cash 6.5%
Profitability 0-1
return on assets -35.0%
Bankruptcy probability, 12 months
19.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (136 companies, NACE 30, micro)
Last 24 months 11-2024: 16.2% 12-2024: 16.8%▲ +0.6 percentage points vs 11-2024 01-2025: 17.1%▲ +0.3 percentage points vs 12-2024 02-2025: 17.1%● unchanged vs 01-2025 03-2025: 17.1%● unchanged vs 02-2025 04-2025: 17.1%● unchanged vs 03-2025 05-2025: 17.1%● unchanged vs 04-2025 06-2025: 17.1%● unchanged vs 05-2025 07-2025: 19.2%▲ +2.1 percentage points vs 06-2025 08-2025: ≥ 25%▲ +9.4 percentage points vs 07-2025highest value 09-2025: ≥ 25%● unchanged vs 08-2025 10-2025: ≥ 25%● unchanged vs 09-2025 11-2025: 22.6%▼ -5.7 percentage points vs 10-2025 12-2025: 22.6%● unchanged vs 11-2025 01-2026: 22.6%● unchanged vs 12-2025 02-2026: 11.5%▼ -11.1 percentage points vs 01-2026lowest value 03-2026: 11.6%▲ +0.1 percentage points vs 02-2026 04-2026: 13.4%▲ +1.8 percentage points vs 03-2026 05-2026: 13.9%▲ +0.5 percentage points vs 04-2026 06-2026: 14.2%▲ +0.3 percentage points vs 05-2026 07-2026: 14.2%● unchanged vs 06-2026 08-2026: 15.2%▲ +1.0 percentage point vs 07-2026 09-2026: 14.4%▼ -0.8 percentage points vs 08-2026 10-2026: 19.1%▲ +4.7 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.19, compared with 0.5 in 2023; short-term debt: 144.5% and cash: 6.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 30, micro): better than 8% on solvency, 14% on liquidity, 11% on profitability and 7% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€18,305
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
68 days late
2023
433 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 251 days after the deadline; the sector median (NACE 30) for financial year 2024 is 16 days before the deadline, and 30% of those companies 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 filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Address struckBrusselsesteen- L’adresse du siège Brusselsesteenweg…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€18,305 View
  • Caution: Among the weakest 8% on solvencysector median 37.2% · 6,608 companies -52.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View

By topic

Financials

Financial year
2024
Total assets
€35,160
Loss
-€12,322
Solvency
-52.1%
Total assets▼ 39.0%
Net result
20232024
Go to Financials

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of other transport equipmentNACE 30990
Founded
05-01-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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