SNOWFA
ActiveThe computed 12-month bankruptcy probability of SNOWFA is 6.2% (elevated). The 2025 annual accounts show equity of €81k and a net result of €-15k. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 57% of 13071 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency81▼-16
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.18 in 2024), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
38%
Return on assets
-7.3%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
6 d late
2023
on the day
2022
30 d late
2021
31 d late
2020
4 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▼ 16.1%
2024 · €96k
2020: €30k
2021: €27k
2022: €51k
2023: €65k
2024: €96k
2020 → 2025
Total assets
€212k▲ 21.8%
2024 · €174k
2020: €133k
2021: €160k
2022: €96k
2023: €134k
2024: €174k
2020 → 2025
Net result
€-15k
2024 · €31k
2020: €20k
2021: €-4k
2022: €24k
2023: €14k
2024: €31k
2020 → 2025
Working capital
€64k▼ 22.6%
2024 · €83k
2020: €42k
2021: €25k
2022: €50k
2023: €56k
2024: €83k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€51k▲ 90.9%€65k▲ 28.3%€96k▲ 47.7%€81k▼ 16.1%
Operating result€-3k-€33k€20k▼ 38.4%€42k▲ 109%€-12k
Net result€-4k-€24k€14k▼ 40.5%€31k▲ 116%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €42k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212k
Fixed assets
€99k▲ 390%
Current assets
€112k▼ 26.8%
Equity and liabilities €212k
Equity
€81k▼ 16.1%
Debt
€131k▲ 68.6%
The debt ratio rises from 44.8% to 62.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€10▼
2024 · €47k
Cash flow
€-3k▼
2024 · €36k
Solvency
38.0%▼
2024 · 55.2%
Current ratio
2.34▲
2024 · 2.18
Quick ratio
2.34▲
2024 · 2.05
Debt / equity
1.63▲
2024 · 0.81
ROE
-19.2%▼
2024 · 32.3%
ROA
-7.3%▼
2024 · 17.8%
Interest coverage
0.00▼
2024 · 56.20
Debt
€131k▲
2024 · €78k
Debt ≤ 1 year
€48k▼
2024 · €70k
Debt > 1 year
€83k▲
2024 · €7k
Income taxes
€212▼
2024 · €10k
Staff costs
€31k▼
2024 · €73k
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€174k€212k▲
Fixed assets21/28€20k€99k▲
Tangible fixed assets22/27€20k€81k▲
Plant, machinery and equipment23€10k€72k▲
Furniture and vehicles24€10k€9k▼
Financial fixed assets28-€18k
Current assets29/58€154k€112k▼
Stocks and contracts in progress3€9k€0▼
Stocks30/36€9k€0▼
Amounts receivable within one year40/41€41k€30k▼
Trade receivables40€37k€27k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€92k€72k▼
Deferred charges and accrued income490/1€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€174k€212k▲
Equity10/15€96k€81k▼
Contributions10/11€10k€10k=
Reserves13€86k€71k▼
Distributable reserves133€86k€71k▼
Amounts payable17/49€78k€131k▲
Amounts payable after more than one year17€7k€83k▲
Financial debts170/4€7k€83k▲
Amounts payable within one year42/48€70k€48k▼
Current portion of amounts payable after more than one year42€7k€20k▲
Trade debts44€40k€5k▼
Suppliers440/4€40k€5k▼
Taxes, remuneration and social security45€22k€17k▼
Taxes450/3€11k€10k▼
Remuneration and social security454/9€10k€6k▼
Other amounts payable47/48€669€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€73k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€883€520▼
Gross operating margin9900€122k€32k▼
Operating profit (loss)9901€42k€-12k▼
Financial income75/76B€0€68▲
Recurring financial income75€0€68▲
Financial charges65/66B€843€3k▲
Recurring financial charges65€843€3k▲
Profit (loss) for the period before taxes9903€41k€-15k▼
Income taxes67/77€10k€212▼
Profit (loss) for the period9904€31k€-15k▼
Profit (loss) for the period to be appropriated9905€31k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-15k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€15k
Transfer to equity691/2€31k€0▼
To other reserves6921€31k€0▼
The notes to these accounts (10 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k ▼150%
Net result drops to €-15k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Highest result since 2020net €31k ▲116%
Operating result €42k, net result €31k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Willebroek · 3 establishment units since 2020
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.
Dendermondsesteenweg 1902830 WillebroekGround area
4,952 m²
Building footprint
289 m²
Volume, LiDAR
3,827 m³
3 parcels, Flanders · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
Dendermondsesteenweg 190, 2830 Willebroek
since 20202.312.064.977
Ben2Bento
since 20262.383.763.617
SNOWFA
since 20262.390.284.787
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0602/00N002 | Flanders | 4,234 m² | 1 · 105 m² | 11.4 m · 4 fl. |
| 24502B1007/00M000 | Flanders | 515 m² | 1 · 69 m² | 19.9 m · 6 fl. |
| 11810K0022/00W002 | Flanders | 203 m² | 1 · 114 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesAntwerpen2.390.284.787
Leuven2.383.763.617
Willebroek2.312.064.977
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.