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SNOW CLEAN

Active
Private limited companyfounded 2018active for 8 yearsVanden Corputstraat 19, 1190 Vorst, BelgiumKBO/BCE: BE 0707.857.795
Summary

The computed 12-month bankruptcy probability of SNOW CLEAN is 6.1% (elevated). The 2024 annual accounts show equity of €67,209 and a net result of €35,423. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 39% of 1,321 sector peers (NACE 42, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 16 October 2026.

Turnover
€312,755▲ 12.2%
2020 · €278,844
EBIT margin
6.5%▼ 3.7pp
2020 · 10.2%
Net result
€35,423▲ 26.2%
2023 · €28,059
Working capital
€46,225▼ 40.9%
2023 · €78,230
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

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.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€312,755 2021 Operating result€53,891 2024 Net result€35,423 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line201920202021202220232024
Turnover€258,142-€278,844▲ 8.0%€312,755▲ 12.2%
Operating result€35,699-€28,325▼ 20.7%€20,311▼ 28.3%€22,478▲ 10.7%€39,743▲ 76.8%€53,891▲ 35.6%
Net result€35,538-€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 margin13.8%-10.2%▼ 3.7pp6.5%▼ 3.7pp
Equity€49,938-€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€106,287-€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€56,349-€49,944▼ 11.4%€96,538▲ 93.3%€104,694▲ 8.4%€180,866▲ 72.8%€118,465▼ 34.5%
Working capital€44,277-€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%
Solvency47.0%-54.5%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 ratio1.79-1.72within 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)33.4%-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 of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2024 value · change against 2023
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 observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% 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
94.9% 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: 6.1% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€273,005€185,674▼
Fixed assets21/28€39,700€27,408▼
Tangible fixed assets22/27€39,700€27,408▼
Plant, machinery and equipment23€1,047€523▼
Furniture and vehicles24€19,790€13,630▼
Leasing and similar rights25€18,864€13,255▼
Current assets29/58€233,304€158,266▼
Amounts receivable within one year40/41€232,965€148,264▼
Trade receivables40€212,755€134,847▼
Other amounts receivable41€20,210€13,417▼
Cash at bank and in hand54/58€327€10,002▲
Deferred charges and accrued income490/1€12-
Equity and liabilities
Total equity and liabilities10/49€273,005€185,674▼
Equity10/15€92,139€67,209▼
Contributions10/11€18,600€600▼
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€71,679€64,749▼
Amounts payable17/49€180,866€118,465▼
Amounts payable after more than one year17€25,791€6,424▼
Financial debts170/4€25,791€6,424▼
Amounts payable within one year42/48€155,075€112,041▼
Current portion of amounts payable after more than one year42€12,237€17,072▲
Financial debts43€8,436€3,122▼
Credit institutions430/8€8,436€3,122▼
Trade debts44€93,170€26,690▼
Suppliers440/4€93,170€26,690▼
Taxes, remuneration and social security45€21,682€33,607▲
Taxes450/3€19,799€30,156▲
Remuneration and social security454/9€1,884€3,452▲
Other amounts payable47/48€19,550€31,550▲
Income statement Code20232024
Remuneration, social security and pensions62€16,421€24,592▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,145€18,942▼
Other operating charges640/8€2,239€9,800▲
Gross operating margin9900€84,547€107,225▲
Operating profit (loss)9901€39,743€53,891▲
Financial income75/76B€1€2▲
Recurring financial income75€1€2▲
Financial charges65/66B€2,990€2,790▼
Recurring financial charges65€2,990€2,790▼
Profit (loss) for the period before taxes9903€36,753€51,102▲
Income taxes67/77€8,694€15,679▲
Profit (loss) for the period9904€28,059€35,423▲
Profit (loss) for the period to be appropriated9905€28,059€35,423▲
Appropriation of the result
Profit (loss) to be appropriated9906€94,679€107,102▲
Profit (loss) brought forward from the previous period14P€66,620€71,679▲
Profit to be distributed694/7€23,000€42,353▲
Return on contributions (dividend)694€23,000€42,353▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Turnover70€258,142€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€1,773€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€37,473€44,561€86,181€71,792€84,547€107,225▲ 26.8%
Operating profit (loss)9901€35,699€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€161€1,553€2,894€2,974€2,990€2,790▼ 6.7%
Profit (loss) for the period before taxes9903€35,538€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€35,538€9,949€8,886€14,106€28,059€35,423▲ 26.2%
Profit (loss) for the period to be appropriated9905€35,538€9,949€8,886€14,106€28,059€35,423▲ 26.2%
Line201920202021202220232024Change
Assets
Total assets20/58€106,287€109,832€165,312€187,574€273,005€185,674▼ 32.0%
Fixed assets21/28€5,662€36,088€81,460€61,300€39,700€27,408▼ 31.0%
Tangible fixed assets22/27€5,662€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€100,626€73,744€83,852€126,274€233,304€158,266▼ 32.2%
Amounts receivable within one year40/41€82,364€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€17,261€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€106,287€109,832€165,312€187,574€273,005€185,674▼ 32.0%
Equity10/15€49,938€59,888€68,774€82,880€92,139€67,209▼ 27.1%
Contributions10/11€14,400-€14,400€14,400€18,600€600▼ 96.8%
Reserves13€1,860€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€33,678€43,628€52,514€66,620€71,679€64,749▼ 9.7%
Amounts payable17/49€56,349€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€56,349€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€56,349€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%
Line201920202021202220232024Change
Profit (loss) for the period9904€35,538€9,949€8,886€14,106€28,059€35,423▲ 26.2%
+ Depreciation and write-downs630€1,773€4,281€19,951€26,261€26,145€18,942▼ 27.6%
Operating cash flow (approximation)€37,312€14,231€28,837€40,367€54,204€54,365▲ 0.3%
Investment in fixed assets (approximation)--€34,708-€65,323-€6,101-€4,545-€6,650▼ 46.3%
Change in cash--€14,289--€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.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2024 micro format 26-10-2025 2025-00549523
31-12-2023 micro format 14-01-2025 2025-00004393
31-12-2022 micro format 31-08-2023 2023-00389536
31-12-2021 micro format 25-08-2022 2022-20357767
31-12-2020 micro format 22-07-2021 2021-38200214
31-12-2019 micro format 07-10-2020 2020-59500342

Similar companies · same sector, comparable size

Of the 2,294 active companies whose main activity is construction of roads and motorways (NACE 42110), figures are known for 1,105. 709 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €2,435 awarded · €2,435 paid
Schemes
1 entry · €2,435 · €2,435 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.