SNOW CLEAN
ActiveSummary
The computed 12-month bankruptcy probability of SNOW CLEAN is 3.7% (moderate). The 2024 annual accounts show equity of €67,209 and a net result of €35,423. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 1331 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Construction of roads and motorways
NACE 42110Landscape service activities NACE 81300
2 sites
How big
€185,674total assets 2024
- Staff
- 1.7 FTE
- Equity
- €67,209
- Profit
- €35,423
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 54- Limited track record- Higher-failure-rate region- Multiple establishment units- Higher-failure-rate sector- Annual accounts: weaker financial profileFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+11
Solvency61▲+2
Growth57=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.5 in 2023; short-term debt: 60.3% and cash: 5.4% of total assets), and 63.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.2%
Return on assets
19.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-10-2025, 87 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
87 d late
2023
167 d late
2022
31 d late
2021
25 d late
2020
9 d early
2019
68 d late
← 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 62 days after 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)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2024Total assets €185,674Profit €35,423Solvency 36.2%Liquidity 1.41
Turnover
€312,755▲ 12.2%
2019 - 2021
Net result
€35,423▲ 26.2%
2019 - 2024
Equity
€67,209▼ 27.1%
2019 - 2024
Staff (FTE)
1.7▲ 21.4%
2020 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 42, Civil engineering, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€278,844▲ 8.0%€312,755▲ 12.2%
Operating result€28,325▼ 20.7%€20,311▼ 28.3%€22,478▲ 10.7%€39,743▲ 76.8%€53,891▲ 35.6%
Net result€9,949within the sector's middle half▼ 72.0%€8,886within the sector's middle half▼ 10.7%€14,106within the sector's middle half▲ 58.7%€28,059within the sector's middle half▲ 98.9%€35,423above the sector's middle half▲ 26.2%
EBIT margin10.2%▼ 3.7pp6.5%▼ 3.7pp
Equity€59,888within the sector's middle half▲ 19.9%€68,774within the sector's middle half▲ 14.8%€82,880within the sector's middle half▲ 20.5%€92,139within the sector's middle half▲ 11.2%€67,209within the sector's middle half▼ 27.1%
Total assets€109,832within the sector's middle half▲ 3.3%€165,312within the sector's middle half▲ 50.5%€187,574within the sector's middle half▲ 13.5%€273,005within the sector's middle half▲ 45.5%€185,674within the sector's middle half▼ 32.0%
Debt€49,944▼ 11.4%€96,538▲ 93.3%€104,694▲ 8.4%€180,866▲ 72.8%€118,465▼ 34.5%
Working capital€30,800within the sector's middle half▼ 30.4%€22,479within the sector's middle half▼ 27.0%€58,552within the sector's middle half▲ 160%€78,230within the sector's middle half▲ 33.6%€46,225within the sector's middle half▼ 40.9%
Solvency54.5%within the sector's middle half▲ 7.5pp41.6%within the sector's middle half▼ 12.9pp44.2%within the sector's middle half▲ 2.6pp33.7%within the sector's middle half▼ 10.4pp36.2%within the sector's middle half▲ 2.4pp
Current ratio1.72within the sector's middle half▼ 0.071.37within the sector's middle half▼ 0.351.86within the sector's middle half▲ 0.501.50within the sector's middle half▼ 0.361.41within the sector's middle half▼ 0.09
Return on assets (ROA)9.1%within the sector's middle half▼ 24.4pp5.4%within the sector's middle half▼ 3.7pp7.5%within the sector's middle half▲ 2.1pp10.3%within the sector's middle half▲ 2.8pp19.1%within the sector's middle half▲ 8.8pp
Staff (FTE)1within the sector's middle half1=1=1.4▲ 40.0%1.7▲ 21.4%
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 36% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €185,674
Fixed assets
€27,408 ▼ 31.0%
Current assets
€158,266 ▼ 32.2%
Equity and liabilities €185,674
Equity
€67,209 ▼ 27.1%
Debt
€118,465 ▼ 34.5%
Debt's share of the balance-sheet total falls from 66.3% to 63.8%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€72,832▲
2023 · €65,888
Cash flow
€54,365▲
2023 · €54,204
Debt to equity
1.76▼
2023 · 1.96
ROE
52.7%▲
2023 · 30.5%
Interest coverage
26.10▲
2023 · 22.03
Debt ≤ 1 year
€112,041▼
2023 · €155,075
Debt > 1 year
€6,424▼
2023 · €25,791
Income taxes
€15,679▲
2023 · €8,694
Staff costs
€24,592▲
2023 · €16,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 26,975 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €278,844 | €312,755 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €237,377 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €34,056 | €21,375 | €16,421 | €24,592 | ▲ 49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,281 | €19,951 | €26,261 | €26,145 | €18,942 | ▼ 27.6% |
| Other operating charges640/8 | - | €11,863 | €1,679 | €2,239 | €9,800 | ▲ 338% |
| Gross operating margin9900 | €44,561 | €86,181 | €71,792 | €84,547 | €107,225 | ▲ 26.8% |
| Operating profit (loss)9901 | €28,325 | €20,311 | €22,478 | €39,743 | €53,891 | ▲ 35.6% |
| Financial income75/76B | - | €0 | €0 | €1 | €2 | ▲ 93.0% |
| Recurring financial income75 | €0 | €0 | €0 | €1 | €2 | ▲ 93.0% |
| Financial charges65/66B | - | €2,894 | €2,974 | €2,990 | €2,790 | ▼ 6.7% |
| Recurring financial charges65 | €1,553 | €2,894 | €2,974 | €2,990 | €2,790 | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | €26,772 | €17,417 | €19,504 | €36,753 | €51,102 | ▲ 39.0% |
| Income taxes67/77 | €16,822 | €8,531 | €5,398 | €8,694 | €15,679 | ▲ 80.3% |
| Profit (loss) for the period9904 | €9,949 | €8,886 | €14,106 | €28,059 | €35,423 | ▲ 26.2% |
| Profit (loss) for the period to be appropriated9905 | €9,949 | €8,886 | €14,106 | €28,059 | €35,423 | ▲ 26.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,832 | €165,312 | €187,574 | €273,005 | €185,674 | ▼ 32.0% |
| Fixed assets21/28 | €36,088 | €81,460 | €61,300 | €39,700 | €27,408 | ▼ 31.0% |
| Tangible fixed assets22/27 | €36,088 | €81,460 | €61,300 | €39,700 | €27,408 | ▼ 31.0% |
| Plant, machinery and equipment23 | - | €485 | - | €1,047 | €523 | ▼ 50.0% |
| Furniture and vehicles24 | - | €46,099 | €34,431 | €19,790 | €13,630 | ▼ 31.1% |
| Leasing and similar rights25 | - | €34,876 | €26,870 | €18,864 | €13,255 | ▼ 29.7% |
| Current assets29/58 | €73,744 | €83,852 | €126,274 | €233,304 | €158,266 | ▼ 32.2% |
| Amounts receivable within one year40/41 | €69,071 | €83,664 | €124,832 | €232,965 | €148,264 | ▼ 36.4% |
| Trade receivables40 | - | €79,119 | €104,840 | €212,755 | €134,847 | ▼ 36.6% |
| Other amounts receivable41 | - | €4,545 | €19,992 | €20,210 | €13,417 | ▼ 33.6% |
| Cash at bank and in hand54/58 | €2,972 | - | €327 | €327 | €10,002 | ▲ 2,959% |
| Deferred charges and accrued income490/1 | - | €188 | €1,114 | €12 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,832 | €165,312 | €187,574 | €273,005 | €185,674 | ▼ 32.0% |
| Equity10/15 | €59,888 | €68,774 | €82,880 | €92,139 | €67,209 | ▼ 27.1% |
| Contributions10/11 | - | €14,400 | €14,400 | €18,600 | €600 | ▼ 96.8% |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €43,628 | €52,514 | €66,620 | €71,679 | €64,749 | ▼ 9.7% |
| Amounts payable17/49 | €49,944 | €96,538 | €104,694 | €180,866 | €118,465 | ▼ 34.5% |
| Amounts payable after more than one year17 | €7,000 | €35,165 | €36,973 | €25,791 | €6,424 | ▼ 75.1% |
| Financial debts170/4 | - | €35,165 | €36,973 | €25,791 | €6,424 | ▼ 75.1% |
| Amounts payable within one year42/48 | €42,944 | €61,373 | €67,721 | €155,075 | €112,041 | ▼ 27.8% |
| Current portion of amounts payable after more than one year42 | - | €18,180 | €16,686 | €12,237 | €17,072 | ▲ 39.5% |
| Financial debts43 | - | €8,892 | €6,904 | €8,436 | €3,122 | ▼ 63.0% |
| Credit institutions430/8 | - | €8,892 | €6,904 | €8,436 | €3,122 | ▼ 63.0% |
| Trade debts44 | €30,468 | €9,950 | €28,478 | €93,170 | €26,690 | ▼ 71.4% |
| Suppliers440/4 | - | €9,950 | €28,478 | €93,170 | €26,690 | ▼ 71.4% |
| Taxes, remuneration and social security45 | - | €21,790 | €15,653 | €21,682 | €33,607 | ▲ 55.0% |
| Taxes450/3 | - | €14,870 | €13,942 | €19,799 | €30,156 | ▲ 52.3% |
| Remuneration and social security454/9 | - | €6,920 | €1,711 | €1,884 | €3,452 | ▲ 83.2% |
| Other amounts payable47/48 | - | €2,560 | - | €19,550 | €31,550 | ▲ 61.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,949 | €8,886 | €14,106 | €28,059 | €35,423 | ▲ 26.2% |
| + Depreciation and write-downs630 | €4,281 | €19,951 | €26,261 | €26,145 | €18,942 | ▼ 27.6% |
| Operating cash flow (approximation) | €14,231 | €28,837 | €40,367 | €54,204 | €54,365 | ▲ 0.3% |
| Investment in fixed assets (approximation) | - | -€65,323 | -€6,101 | -€4,545 | -€6,650 | ▼ 46.3% |
| Change in cash | - | - | - | €0 | €9,675 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
DENOSTONE
BE 0839.060.688
Lievegem · Eq €66,854
WALSCHAP TUINEN
BE 0837.829.580
Malle · Eq €67,588
M & M PAVING
BE 0544.862.559
Zaventem · Eq €67,856
Willems-Van houtte
BE 0700.455.212
Gent · Eq €66,468
ARTEMISIA
BE 0451.123.640
Hannut · Eq €66,129
Of 2,325 companies in this sector we hold annual accounts for 1,096. 703 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
7 eventsLatest 26-10-2025
History
Acts, filings and financial milestones
2025
26-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 87 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 167 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €8,886 ▼10.7%
Net result drops to €8,886, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Support & recognitions
1 funding sourceFlanders €2,4351 register with a recognition
Flemish government
€2,435
awarded · 2025
Registered contractor
1
categories
Subsidies and aid
Flemish government
2025 · 1 entry · €2,435 awarded · €2,435 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €2,435 | €2,435 |
Schemes
Recognitions · licences · registrations
Recognised contractor
1 categorySNOW CLEAN SRLapproval no. 45484
Company details
Private limited company · founded 05-10-2018Year ends 31-12Peppol reachable2 sites
Register details
Identification
Legal formPrivate limited company
Founded05-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
81300Landscape service activities
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707857795
Also
9925:BE0707857795
Registered
02-01-2026
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.
Sites & property
Location & real-estate footprint
Registered office, Vorst · 2 establishment units since 2018
Ground area
418 m²
Building footprint
183 m²
Volume, LiDAR
1,554 m³
2 parcels, Brussels, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
SNOW CLEAN
since 2018unit no. 2.281.142.169
SNOW CLEAN
since 2020unit no. 2.308.437.375
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017C0040/00C003 | Flanders | 323 m² | 1 · 103 m² | 10.2 m · 2 fl. |
| 21383B0047/00A003 | Brussels | 95 m² | 1 · 80 m² | 16.4 m · 4 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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