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Snowflake Computing Belgium

Active
Private limited companyfounded 2025active for 1 yearMarnixlaan 23, 1000 Brussels, BelgiumKBO/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 56% of 77 sector peers (NACE 73, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 03-01-2025 Normal situation
Registered office
234 active companies are registered at this address 14 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Advertising agencies NACE 73110and 2 others
Establishment unit
2.368.970.127 1000 Brussels, since 03-01-2025
Financial year end
31 January
Peppol
Reachable since 19-12-2025

Board and ownership

Board
Shareholders
  • Snowflake Inc.annual accounts 31-01-2026

Financial position

94 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-01-2026
Gross margin
€1.7m
Turnover
≈ €2.9m
estimated
Profit
€63,609
Equity
€688,609
Total assets
€1.3m
Employees on 31-01-2026
5
Score breakdownraises riskFounded in 2025lowers riskLiquidity: current ratio 2.21, cash €635,283Sector: Advertising, market research and public relations activities (NACE 73)Equity €688,609 (54.8% of total assets)Show the evidence

Checked score

Score 2026
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in advertising and market research (NACE 73)
Financial strength
Strong
Solvency 80
equity 54.8% of total assets
Liquidity 78
short-term debt 45.2% · cash 50.6%
Profitability 50
return on assets 5.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,229 companies, NACE 73, micro)
Last 24 months 02-2026: 1.0% 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -1.3 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €60,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.21, above the usual 1.5. Short-term debt is 45.2% and cash 50.6% of total assets. 45.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 53% of them on solvency, 70% on liquidity and 29% on profitability.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-01-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.21, cash €635,283
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
lowers risk · Equity €688,609 (54.8% of total assets)
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 12-08-2026, 19 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2026
19 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 12-08-2026 PDF

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 are 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's share of the balance-sheet total is 45.2%.
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

Staff

social balance sheet
Item31-01-2026
Employees at the balance-sheet date5
full-time5
part-time0
in full-time equivalents0
Average over the year, in full-time equivalents4.2
On a permanent contract5
Joined8
Left3

Source: social balance sheet in the 2026 annual accounts

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 have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2026 (PDF), filed on 12-08-2026.

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

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as Snowflake Computing Belgium has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

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

That fits the bankruptcy probability of Snowflake Computing Belgium itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Snowflake Computing Belgium. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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

Board & ownership

Directors

Directors
2 directors, no change since 2026

Deed of 20-07-2026Appointment: Finvision Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Stijn Verhoeven

Board 2

HO Emily Wei Leng
Director (not named in the articles) · since 03-01-2025 · term without a fixed end · listed in the 2026 annual accounts, filed on 12-08-2026
Current
PAYNE Erika Lee
Director (not named in the articles) · since 03-01-2025 · term without a fixed end · listed in the 2026 annual accounts, filed on 12-08-2026
Current

Statutory auditor 1

Finvision Bedrijfsrevisoren
Statutory auditor · since 17-04-2026 · 3-year term from 2026 · permanent representative: Stijn Verhoeven · listed in the 2026 annual accounts, filed on 12-08-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 07-01-2025

Owners and capital

Shareholders

1 owner

Chain of control

  1. Snowflake Inc.US consolidates
  2. Snowflake Computing Belgium

Owners 1

Capital transactions

Shareholders according to the deeds
At incorporation deed of 07-01-2025 ↗
Capital over time
  1. 07-01-2025 Incorporation · €625,500 · 62,500 shares

Mandate history

5 people, 3 in office
Show
  • Board
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
HO Emily Wei Leng
  • Director (not named in the articles), appointed by deed of 07-01-2025, still in office
PAYNE Erika Lee
  • Director (not named in the articles), appointed by deed of 07-01-2025, still in office
Finvision Bedrijfsrevisoren
  • Statutory auditor, appointed by deed of 20-07-2026, still in office
LUPINEK Derk Nicolaas
  • Director (not named in the articles), appointed by deed of 07-01-2025, until 31-12-2025
SCARPELLI Michael Pasquale
  • Director (not named in the articles), appointed by deed of 07-01-2025, until 02-12-2025
See the board, name and registered office on a given date →

Network & group

Companies at the same address

233 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of Snowflake Computing Belgium. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

2026
12-08
NBB filing Annual accounts 2026 filedPDF
abbreviated format · 19 days before the deadline
20-07
Gazette deed Appointment: Finvision Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Stijn Verhoeven3 points ▸
  • General meeting, 29-06-2026
  • Auditor appointment, Finvision Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Stijn Verhoeven

Open the deed in the Belgian Official Gazette

13-02
Gazette deed Resignation: Derk LUPINEK (director)
4 points ▸
  • General meeting, 12-01-2026
  • Director resignation, Derk LUPINEK
  • Power of attorney, Madalina Dinu
  • Power of attorney, Christophe Tans
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2025
02-12
Gazette deed Resignation: Michael Scarpelli (director)
Director discharge: Michael Scarpelli3 points ▸
  • General meeting, 31-10-2025
  • Director resignation, Michael Scarpelli
  • Director discharge, Michael Scarpelli

Open the deed in the Belgian Official Gazette

16-05
Gazette deed Power of attorney: Joe Frederick
2 points ▸
  • Board meeting, 10-03-2025
  • Power of attorney, Joe Frederick

Open the deed in the Belgian Official Gazette

07-01
Gazette deed Incorporation
Founding capital of €625,500, 62,500 shares · Founder: Snowflake Inc. (comparant) · Appointments: SCARPELLI Michael Pasquale, HO Emily Wei Leng and 2 others8 points ▸
  • Director appointment, SCARPELLI Michael Pasquale (director (not named in the articles))
  • Director appointment, HO Emily Wei Leng (director (not named in the articles))
  • Director appointment, LUPINEK Derk Nicolaas (director (not named in the articles))
  • Director appointment, PAYNE Erika Lee (director (not named in the articles))
  • Founder, Snowflake Inc. (comparant)
  • Registered office clause, Marnixlaan 23, 5de verdieping, 1000 Brussel
  • Founding capital, €625,500, 62,500 shares
  • 62,500 shares
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Snowflake Computing Belgium was incorporated on 3 January 2025 as a private limited company by Snowflake Inc., with a starting capital of €625,500.12 The board currently has 2 members, 2 of whom have served since 2025.3 The company has filed annual accounts once, for financial year 2026.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-01-2025
  3. 3National Bank, annual accounts 2026
  4. 4National Bank, annual accounts 2026

Company details

Register details

Identity

KBO record
Name Snowflake Computing Belgium in Dutch
Enterprise number 1018.202.070
Legal form Private limited company
Status Active, normal situation
Founded 03-01-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-01-2025 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Snowflake Computing Belgium
deed of 07-01-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Brussels Gewest”
deed of 07-01-2025 (in Dutch)

Registered office and establishments

Registered office Marnixlaan 23, 1000 Brussels, Belgium
Establishment unit Snowflake Computing Belgium, Marnixlaan 23, 1000 Brussels since 03-01-2025 · unit number 2.368.970.127 63910 Web portal activities

Activities

NACEBEL 2025
VAT activities
73110 Advertising agencies main activity
82990 Other business support services
Social security (RSZ) activities
63910 Web portal activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Zich bezig te houden met de pre-sales en marketing van het cloud data platform van de vennootschap. Dit omvat, maar is niet beperkt tot, het…”
5 activities
  1. Zich bezig te houden met de pre-sales en marketing van het cloud data platform van de vennootschap. Dit omvat, maar is niet beperkt tot, het bijwonen van vergaderingen met klanten, het demonstreren van producten, het beantwoorden van vragen van klanten en het sponsoren van marketingevenementen.
  2. Alle commerciële, industriële en financiële activiteiten en alle persoonlijke en onroerende verrichtingen uitvoeren die rechtstreeks of onrechtstreeks verband houden met haar voorwerp, of alle activiteiten verrichten die de ontwikkeling van de vennootschap ten goede komen.
  3. In haar hoedanigheid van bestuurder, vereffenaar of elke andere hoedanigheid, het bestuur van en het toezicht op de met haar verbonden ondernemingen en dochterondernemingen uitoefenen en deze adviseren.
  4. Deelnemen in bestaande of op te richten vennootschappen of ondernemingen, zowel in België als in het buitenland, waarvan het voorwerp gelijkaardig is of overeenstemt met het voorwerp van de vennootschap of van aard is het voorwerp van de vennootschap te bevorderen door inbreng in geld of in natura, door fusie, door overname, door deelname, door financiële tussenkomst of op een andere wijze.
  5. Geld lenen en/of uitlenen, en borg staan of op een andere manier de prestaties van andere partijen, al dan niet verbonden, te waarborgen of op een andere manier garanderen, met dien verstande dat de vennootschap geen enkele activiteit zal uitoefenen die onderworpen is aan wettelijke of reglementaire bepalingen die van toepassing zijn op de kredietinstellingen en/of financiële instellingen.
deed of 07-01-2025 (in Dutch)

Invoicing and payment

VAT number BE 1018.202.070
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1018202070
Other Peppol ID 9925:BE1018202070
Registered 19-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-01
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
25 July at 15:00
deed of 07-01-2025 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
234 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,027 m²
Building footprint
800 m²
Building volume
19,374 m³
Cadastral parcel Region Area Buildings Height / floors
21805E0534/00D000 Brussels 1,027 m² 1 · 800 m² 44.0 m · 8