SNELVRI
ActiveSNELVRI has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.60M and a net result of €810k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 82% of 1721 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 2.04 in 2024), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
75.8%
Return on assets
17.1%
Age of the figures
8 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
29 d early
2023
36 d early
2022
33 d early
2021
32 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.60M▲ 28.9%
2024 · €2.79M
2018: €2.18M
2019: €2.44M
2020: €2.62M
2021: €2.30M
2022: €2.50M
2023: €2.77M
2024: €2.79M
2018 → 2025
Total assets
€4.75M▲ 8.6%
2024 · €4.37M
2018: €6.11M
2019: €6.24M
2020: €5.86M
2021: €4.87M
2022: €4.84M
2023: €4.53M
2024: €4.37M
2018 → 2025
Net result
€810k▼ 29.2%
2024 · €1.14M
2018: €121k
2019: €265k
2020: €183k
2021: €-319k
2022: €195k
2023: €793k
2024: €1.14M
2018 → 2025
Working capital
€1.42M▲ 23.2%
2024 · €1.15M
2018: €894k
2019: €1.10M
2020: €1.32M
2021: €966k
2022: €1.28M
2023: €1.48M
2024: €1.15M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.30M-€2.50M▲ 8.5%€2.77M▲ 10.9%€2.79M▲ 0.8%€3.60M▲ 28.9%
Operating result€-264k-€286k€1.12M▲ 290%€1.69M▲ 51.0%€1.15M▼ 31.7%
Net result€-319k-€195k€793k▲ 306%€1.14M▲ 44.2%€810k▼ 29.2%
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 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.75M
Fixed assets
€2.52M▲ 19.4%
Current assets
€2.23M▼ 1.1%
Equity and liabilities €4.75M
Equity
€3.60M▲ 28.9%
Debt
€1.15M▼ 27.3%
The debt ratio falls from 36.1% to 24.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.64M▼
2024 · €2.08M
Cash flow
€1.29M▼
2024 · €1.54M
Solvency
75.8%▲
2024 · 63.9%
Current ratio
2.74▲
2024 · 2.04
Quick ratio
1.37▲
2024 · 0.93
Debt / equity
0.32▼
2024 · 0.57
ROE
22.5%▼
2024 · 40.9%
ROA
17.1%▼
2024 · 26.2%
Interest coverage
59.49▲
2024 · 52.88
Debt
€1.15M▼
2024 · €1.58M
Debt ≤ 1 year
€811k▼
2024 · €1.10M
Debt > 1 year
€332k▼
2024 · €476k
Income taxes
€336k▼
2024 · €517k
Staff costs
€18k▼
2024 · €34k
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€4.37M€4.75M▲
Formation expenses20€10k€0▼
Fixed assets21/28€2.11M€2.52M▲
Tangible fixed assets22/27€2.11M€2.52M▲
Land and buildings22€1.06M€883k▼
Plant, machinery and equipment23€552k€1.12M▲
Furniture and vehicles24€37k€301k▲
Leasing and similar rights25€290k€217k▼
Assets under construction and advance payments27€170k€0▼
Financial fixed assets28€150€150=
Current assets29/58€2.25M€2.23M▼
Amounts receivable after more than one year29€1k€1k=
Other amounts receivable291€1k€1k=
Stocks and contracts in progress3€1.22M€1.11M▼
Stocks30/36€1.22M€1.11M▼
Amounts receivable within one year40/41€125k€106k▼
Trade receivables40€120k€8k▼
Other amounts receivable41€5k€98k▲
Current investments50/53€401k€401k=
Cash at bank and in hand54/58€477k€581k▲
Deferred charges and accrued income490/1€22k€25k▲
Equity and liabilities
Total equity and liabilities10/49€4.37M€4.75M▲
Equity10/15€2.79M€3.60M▲
Contributions10/11€455k€455k=
Reserves13€2.34M€3.15M▲
Distributable reserves133€2.34M€3.15M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.58M€1.15M▼
Amounts payable after more than one year17€476k€332k▼
Financial debts170/4€476k€332k▼
Amounts payable within one year42/48€1.10M€811k▼
Current portion of amounts payable after more than one year42€326k€290k▼
Trade debts44€309k€198k▼
Suppliers440/4€309k€198k▼
Taxes, remuneration and social security45€217k€71k▼
Taxes450/3€213k€70k▼
Remuneration and social security454/9€4k€1k▼
Other amounts payable47/48€250k€253k▲
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€34k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€397k€483k▲
Other operating charges640/8€16k€17k▲
Non-recurring operating charges66A-€169
Gross operating margin9900€2.14M€1.67M▼
Operating profit (loss)9901€1.69M€1.15M▼
Financial income75/76B€12k€21k▲
Recurring financial income75€12k€21k▲
Financial charges65/66B€39k€27k▼
Recurring financial charges65€39k€27k▼
Profit (loss) for the period before taxes9903€1.66M€1.15M▼
Income taxes67/77€517k€336k▼
Profit (loss) for the period9904€1.14M€810k▼
Profit (loss) for the period to be appropriated9905€1.14M€810k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.14M€810k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€176k€2k▼
Transfer to equity691/2€1.14M€810k▼
To other reserves6921€1.14M€810k▼
Profit to be distributed694/7€176k€2k▼
Return on contributions (dividend)694€176k€2k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.14M ▲44.2%
Operating result €1.69M, net result €1.14M, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €195k
Net result €195k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-319k ▼275%
Net result drops to €-319k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hoogstraten · 1 establishment unit since 2003
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.
Princeven 42322 HoogstratenGround area
1,017 m²
Building footprint
228 m²
Volume, LiDAR
1,275 m³
Parcel 13024A0261/00K000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Princeven 4, 2322 Hoogstraten
since 20032.123.256.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13024A0261/00K000 | Flanders | 1,017 m² | 1 · 228 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 92,468 EUR awarded · 92,468 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 22,796 EUR | 22,796 EUR |
| 2024 | 2 | 2,931 EUR | 2,931 EUR |
| 2023 | 3 | 65,133 EUR | 65,133 EUR |
| 2022 | 1 | 1,608 EUR | 1,608 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Brede weersverzekering
Vlaams opleidingsverlof (VOV)
Subsidie in het kader van de Kennisportefeuille
Recognitions · licences · registrations
Food safety, FASFC
1 siteHoogstraten2.123.256.952
Similar companies · same sector, comparable size
MERELHOF
BE 0452.268.933
Rijkevorsel · Eq €3.88M
HENS PIGLAND
BE 0885.529.034
Brecht · Eq €3.14M
LOBERGH
BE 0877.960.163
Wuustwezel · Eq €2.89M
LAUWERS
BE 0460.844.723
Ardooie · Eq €2.87M
Pannenhof
BE 0465.285.838
Rijkevorsel · Eq €2.81M
Of 902 companies in sector 01461 we hold annual accounts for 295. 162 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2003
Fiscal year end31-12
Activities, NACEBEL
01420Raising of other cattle and buffaloes
01461Pig breeding farms
01462Crop and animal production, hunting and related service activities
01620Support activities for animal production
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@snelvri.be