SNOR
ActiveSummary
SNOR has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €655,013 and a net result of €190,532. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 309 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability99▲+6
Solvency100▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 5.6 against 3.0 in 2023; short-term debt: 16.9% and cash: 24.4% of total assets), and 16.9% of the assets are financed with debt.
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Signals
Four 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 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.1%
Return on assets
24.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
34 d early
2022
20 d early
2021
16 d early
2020
6 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€655,013▲ 31.2%
2023 · €499,173
Total assets
€788,569▲ 6.4%
2023 · €740,909
Net result
€190,532▲ 33.4%
2023 · €142,847
Working capital
€611,809▲ 35.2%
2023 · €452,374
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€29,073▲ 177%€13,947▼ 52.0%€146,914▲ 953%€167,975▲ 14.3%€176,345▲ 5.0%
Net result€22,312above the sector's middle half▲ 62.5%€82,227above the sector's middle half▲ 269%€169,535above the sector's middle half▲ 106%€142,847above the sector's middle half▼ 15.7%€190,532above the sector's middle half▲ 33.4%
Equity€353,945above the sector's middle half▲ 6.7%€436,172above the sector's middle half▲ 23.2%€445,246within the sector's middle half▲ 2.1%€499,173within the sector's middle half▲ 12.1%€655,013within the sector's middle half▲ 31.2%
Total assets€427,048above the sector's middle half▼ 1.0%€476,147above the sector's middle half▲ 11.5%€685,355within the sector's middle half▲ 43.9%€740,909within the sector's middle half▲ 8.1%€788,569within the sector's middle half▲ 6.4%
Debt€73,103▼ 26.6%€39,975▼ 45.3%€240,109▲ 501%€241,736▲ 0.7%€133,556▼ 44.8%
Working capital€207,960▲ 4.5%€309,912▲ 49.0%€374,950▲ 21.0%€452,374▲ 20.6%€611,809▲ 35.2%
Solvency82.9%above the sector's middle half▲ 6.0pp91.6%above the sector's middle half▲ 8.7pp65.0%within the sector's middle half▼ 26.6pp67.4%within the sector's middle half▲ 2.4pp83.1%above the sector's middle half▲ 15.7pp
Staff (FTE)0.7below the sector's middle half1within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €788,569
Fixed assets
€43,692 ▼ 29.3%
Current assets
€744,877 ▲ 9.7%
Equity and liabilities €788,569
Equity
€655,013 ▲ 31.2%
Debt
€133,556 ▼ 44.8%
Debt's share of the balance-sheet total falls from 32.6% to 16.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€201,378▲
2023 · €193,918
Cash flow
€215,564▲
2023 · €168,790
Current ratio
5.60▲
2023 · 3.00
Debt to equity
0.20▼
2023 · 0.48
ROE
29.1%▲
2023 · 28.6%
ROA
24.2%▲
2023 · 19.3%
Interest coverage
48.69▲
2023 · 44.79
Debt ≤ 1 year
€133,068▼
2023 · €226,736
Income taxes
€66,611▲
2023 · €56,397
Staff costs
€47,433▲
2023 · €34,484
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 31,324 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €19,519 | €34,484 | €47,433 | ▲ 37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,360 | €35,235 | €29,475 | €25,943 | €25,033 | ▼ 3.5% |
| Other operating charges640/8 | - | €1,934 | €1,736 | €2,147 | €1,537 | ▼ 28.4% |
| Non-recurring operating charges66A | - | - | €21 | - | - | - |
| Gross operating margin9900 | €65,104 | €51,116 | €197,665 | €230,548 | €250,348 | ▲ 8.6% |
| Operating profit (loss)9901 | €29,073 | €13,947 | €146,914 | €167,975 | €176,345 | ▲ 5.0% |
| Financial income75/76B | - | €87,027 | €86,860 | €35,599 | €84,933 | ▲ 139% |
| Recurring financial income75 | €3,462 | €77,175 | €75,457 | €35,599 | €84,933 | ▲ 139% |
| Non-recurring financial income76B | - | €9,852 | €11,403 | - | - | - |
| Financial charges65/66B | - | €3,607 | €7,687 | €4,329 | €4,136 | ▼ 4.5% |
| Recurring financial charges65 | €3,334 | €2,967 | €7,687 | €4,329 | €4,136 | ▼ 4.5% |
| Non-recurring financial charges66B | - | €641 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €29,201 | €97,367 | €226,088 | €199,244 | €257,142 | ▲ 29.1% |
| Income taxes67/77 | €6,889 | €15,140 | €56,552 | €56,397 | €66,611 | ▲ 18.1% |
| Profit (loss) for the period9904 | €22,312 | €82,227 | €169,535 | €142,847 | €190,532 | ▲ 33.4% |
| Transfer from tax-exempt reserves789 | - | €3,355 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €22,312 | €85,582 | €169,535 | €142,847 | €190,532 | ▲ 33.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427,048 | €476,147 | €685,355 | €740,909 | €788,569 | ▲ 6.4% |
| Fixed assets21/28 | €156,144 | €126,260 | €85,296 | €61,799 | €43,692 | ▼ 29.3% |
| Intangible fixed assets21 | €1,595 | €234 | €0 | - | - | - |
| Tangible fixed assets22/27 | €144,300 | €115,776 | €75,046 | €51,549 | €33,442 | ▼ 35.1% |
| Land and buildings22 | - | €88,161 | €64,774 | €43,188 | €23,908 | ▼ 44.6% |
| Furniture and vehicles24 | - | €27,615 | €10,271 | €8,360 | €9,534 | ▲ 14.0% |
| Financial fixed assets28 | €10,250 | €10,250 | €10,250 | €10,250 | €10,250 | = |
| Current assets29/58 | €270,904 | €349,887 | €600,059 | €679,110 | €744,877 | ▲ 9.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €42,265 | - |
| Other amounts receivable291 | - | - | - | - | €42,265 | - |
| Amounts receivable within one year40/41 | €33,601 | €50,668 | €13,972 | €75,400 | €112,953 | ▲ 49.8% |
| Trade receivables40 | - | €787 | €13,972 | €66,890 | €62,953 | ▼ 5.9% |
| Other amounts receivable41 | - | €49,881 | €0 | €8,511 | €50,000 | ▲ 487% |
| Current investments50/53 | €140,251 | €221,749 | €375,114 | €389,106 | €393,980 | ▲ 1.3% |
| Cash at bank and in hand54/58 | €94,746 | €76,291 | €210,973 | €212,376 | €192,484 | ▼ 9.4% |
| Deferred charges and accrued income490/1 | - | €1,179 | €0 | €2,228 | €3,195 | ▲ 43.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427,048 | €476,147 | €685,355 | €740,909 | €788,569 | ▲ 6.4% |
| Equity10/15 | €353,945 | €436,172 | €445,246 | €499,173 | €655,013 | ▲ 31.2% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €341,545 | €423,772 | €432,846 | €486,773 | €642,613 | ▲ 32.0% |
| Tax-exempt reserves132 | - | €16,744 | €16,744 | €16,744 | €16,744 | = |
| Distributable reserves133 | - | €407,028 | €416,102 | €470,029 | €625,869 | ▲ 33.2% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €73,103 | €39,975 | €240,109 | €241,736 | €133,556 | ▼ 44.8% |
| Amounts payable after more than one year17 | €10,160 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €62,943 | €39,975 | €225,109 | €226,736 | €133,068 | ▼ 41.3% |
| Current portion of amounts payable after more than one year42 | - | €10,160 | €0 | - | - | - |
| Trade debts44 | €4,865 | €4,212 | €13,092 | €31,511 | €23,654 | ▼ 24.9% |
| Suppliers440/4 | - | €4,212 | €13,092 | €31,511 | €23,654 | ▼ 24.9% |
| Taxes, remuneration and social security45 | - | €2,112 | €54,508 | €71,987 | €71,961 | = |
| Taxes450/3 | - | €2,112 | €48,570 | €67,401 | €65,058 | ▼ 3.5% |
| Remuneration and social security454/9 | - | - | €5,937 | €4,587 | €6,903 | ▲ 50.5% |
| Other amounts payable47/48 | - | €23,490 | €157,510 | €123,238 | €37,454 | ▼ 69.6% |
| Accrued charges and deferred income492/3 | - | - | €15,000 | €15,000 | €488 | ▼ 96.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,312 | €82,227 | €169,535 | €142,847 | €190,532 | ▲ 33.4% |
| + Depreciation and write-downs630 | €34,360 | €35,235 | €29,475 | €25,943 | €25,033 | ▼ 3.5% |
| Operating cash flow (approximation) | €56,673 | €117,462 | €199,010 | €168,790 | €215,564 | ▲ 27.7% |
| Investment in fixed assets (approximation) | - | -€5,350 | €11,489 | -€2,446 | -€6,926 | ▼ 183% |
| Change in cash | - | -€18,456 | €134,682 | €1,404 | -€19,892 | ▼ 1,517% |
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
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €190,532 ▲33.4%
Operating result €176,345, net result €190,532, both a record.
31-12
Financial
Equity above €500,000Eq €655,013 ▲31.2%
7 profitable years in a row build equity to €655,013.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Liquidity doublescurrent ratio 8.75
Current ratio from 4.30 to 8.75; short-term debt falls from €62,943 to €39,975.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial
Weakest financial yearnet €13,728 ▼84.6%
Net result drops to €13,728, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
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.
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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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, Zoersel · 1 establishment unit since 2004
Ground area
1,916 m²
Building footprint
249 m²
Volume, LiDAR
986 m³
Parcel 11055D0164/00Z004, Flanders · tallest building 16.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SNOR
since 20042.142.224.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055D0164/00Z004 | Flanders | 1,916 m² | 1 · 249 m² | 16.1 m · 1 fl. |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of SNOR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
984500B6BF8949263D20
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Of 521 companies in sector 59114 we hold annual accounts for 245. 134 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
59114Motion picture, video and television programme production, sound recording and music publishing activities
58110Book publishing
74120Graphic design and visual communication
Contact
Phone
0485/650522Zoersel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866873558
Also
9925:BE0866873558
Registered
21-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.