Financials
- Financial year
- 2025
- Total assets
- €301,485
- Loss
- -€313,059
- Solvency
- -95.5%
SNOW BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of SNOW BELGIUM is 5.7% (elevated). The 2025 annual accounts show negative equity (-€288,059) and a net result of -€313,059. Its solvency ranks better than 12% of 1,335 sector peers (NACE 96, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Day spas, saunas and steam baths
NACE 96230
4 sites
Size
€301,485total assets 2025
- Staff
- 4.9 FTE
- Equity
- -€288,059
- Loss
- -€313,059
Turnover not published (abbreviated format)
Structure
Accounts filed 40 days late1 of 2 deeds read
Why 34raises riskLoss of €313,059 (financial year 2025)Negative equity -€288,059Size: 4.9 FTE, total assets €301,485Latest accounts 40 days late; 1 of the last 3 lateShow the evidence
Checked score
Score 2025
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 11% of its sector peers (NACE 96, micro)
Financial strength
Weak
Solvency
0
equity -95.5% of total assets
Liquidity
14
short-term debt 179.9% · cash 11.4%
Profitability
0
return on assets -103.8%
Bankruptcy probability, 12 months
5.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 1.9%lowest value
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 2.3%▲ +0.4 percentage points vs 10-2025
12-2025: 2.4%▲ +0.1 percentage points vs 11-2025
01-2026: 2.7%▲ +0.3 percentage points vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.9%▲ +0.2 percentage points vs 02-2026
04-2026: 3.0%▲ +0.1 percentage points vs 03-2026
05-2026: 2.9%▼ -0.1 percentage points vs 04-2026
06-2026: 2.9%● unchanged vs 05-2026
07-2026: 3.2%▲ +0.3 percentage points vs 06-2026
08-2026: 3.2%● unchanged vs 07-2026
09-2026: 3.3%▲ +0.1 percentage points vs 08-2026
10-2026: 5.7%▲ +2.4 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.5; short-term debt: 179.9% and cash: 11.4% 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 96, micro): better than 11% on solvency, 12% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 09-10-2026 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 · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 1 filingDeviation from the deadline
2025
40 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Permanent representatives: Julien PATTY and Delphine…Power of attorney
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 4
- Legal form
- Private limited company
- Activity
- Day spas, saunas and steam bathsNACE 96230
- Founded
- 02-08-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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