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Snowflake Computing Belgium

Active
Private limited companyfounded 2025active for 1 yearMarnixlaan 23, 1000 Brussel, Belgium235 active companies are registered at this addressKBO/BCE: BE 1018.202.070
Summary

Snowflake Computing Belgium has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €688,609 and a net result of €63,609. Its solvency ranks better than 55% of 69 sector peers (NACE 73, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, abbreviated format

Turnover
≈ €2.9m
Estimated: probably between €1.9m and €4.7m
Total assets
€1.3m
Net result
€63,609
Working capital
€688,609

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €1.3m
Equity €688,609
Debt €567,590
Debt finances 45.2% of the balance-sheet total.
Key figures and ratios
2026 value
Current ratio
2.21
Debt to equity
0.82
ROE
9.2%
ROA
5.1%
Debt ≤ 1 year
€567,590
Income taxes
€31,545
Staff costs
€1.6m

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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% 0.9%
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 11,279 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 · 2026 · 31 lines
Balance sheet Code2026
Assets
Total assets20/58€1.3m
Current assets29/58€1.3m
Amounts receivable within one year40/41€0.6m
Trade receivables40€0.6m
Other amounts receivable41€0.02m
Cash at bank and in hand54/58€0.6m
Equity and liabilities
Total equity and liabilities10/49€1.3m
Equity10/15€0.7m
Contributions10/11€0.6m
Profit (loss) carried forward14€0.06m
Amounts payable17/49€0.6m
Amounts payable within one year42/48€0.6m
Trade debts44€0.07m
Suppliers440/4€0.07m
Taxes, remuneration and social security45€0.5m
Taxes450/3€0.2m
Remuneration and social security454/9€0.3m
Other amounts payable47/48€0.03m
Income statement Code2026
Remuneration, social security and pensions62€1.6m
Gross operating margin9900€1.7m
Operating profit (loss)9901€0.1m
Financial income75/76B€0.005m
Recurring financial income75€0.005m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903€0.1m
Income taxes67/77€0.03m
Profit (loss) for the period9904€0.06m
Profit (loss) for the period to be appropriated9905€0.06m
Appropriation of the result
Profit (loss) to be appropriated9906€0.06m
Social balance sheet
Average headcount (FTE)90874.2

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2026
Remuneration, social security and pensions62€1.6m
Gross operating margin9900€1.7m
Operating profit (loss)9901€0.1m
Financial income75/76B€0.005m
Recurring financial income75€0.005m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903€0.1m
Income taxes67/77€0.03m
Profit (loss) for the period9904€0.06m
Profit (loss) for the period to be appropriated9905€0.06m
Line2026
Assets
Total assets20/58€1.3m
Current assets29/58€1.3m
Amounts receivable within one year40/41€0.6m
Trade receivables40€0.6m
Other amounts receivable41€0.02m
Cash at bank and in hand54/58€0.6m
Equity and liabilities
Total equity and liabilities10/49€1.3m
Equity10/15€0.7m
Contributions10/11€0.6m
Profit (loss) carried forward14€0.06m
Amounts payable17/49€0.6m
Amounts payable within one year42/48€0.6m
Trade debts44€0.07m
Suppliers440/4€0.07m
Taxes, remuneration and social security45€0.5m
Taxes450/3€0.2m
Remuneration and social security454/9€0.3m
Other amounts payable47/48€0.03m
Line2026
Profit (loss) for the period9904€63,609
Operating cash flow (approximation)€63,609

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-01-2026 abbreviated format 12-08-2026 2026-00399705

Similar companies · same sector, comparable size

Of the 9,793 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,887. 1,924 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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