Snuffel
ActiveSummary
Snuffel has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €81k. Equity is growing by ~95.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+37
Solvency39▲+5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 0.78 in 2023; short-term debt: 14.2% and cash: 9.9% of total assets), and 85.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 615 sector peers (2024).
NBB · sector comparisonPosition among 615 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
85 d late
2023
28 d late
2022
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€131k▲ 161%
2023 · €50k
2022: €35klowest in 3 years
2023: €50k▲ +42.2% vs 2022
2024: €131k▲ +161% vs 2023highest in 3 years
2022 → 2024
Total assets
€922k▲ 66.2%
2023 · €555k
2022: €54klowest in 3 years
2023: €555k▲ +924% vs 2022
2024: €922k▲ +66.2% vs 2023highest in 3 years
2022 → 2024
Net result
€81k▲ 450%
2023 · €15k
2022: €33k
2023: €15k▼ -56.0% vs 2022lowest in 3 years
2024: €81k▲ +450% vs 2023highest in 3 years
2022 → 2024
Working capital
€45k
2023 · €-16k
2022: €30k
2023: €-16k▼ -154% vs 2022lowest in 3 years
2024: €45k▲ +373% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€35k-€50k▲ 42.2%€131k▲ 161%
2022: €35klowest in 3 years
2023: €50k▲ +42.2% vs 2022
2024: €131k▲ +161% vs 2023highest in 3 years
Operating result€42k-€37k▼ 14.0%€124k▲ 240%
2022: €42k
2023: €37k▼ -14.0% vs 2022lowest in 3 years
2024: €124k▲ +240% vs 2023highest in 3 years
Net result€33k-€15k▼ 56.0%€81k▲ 450%
2022: €33k
2023: €15k▼ -56.0% vs 2022lowest in 3 years
2024: €81k▲ +450% vs 2023highest in 3 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 240% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €922k
Fixed assets
€747k ▲ 50.6%
Current assets
€175k ▲ 203%
Equity and liabilities €922k
Equity
€131k ▲ 161%
Debt
€791k ▲ 56.8%
Debt's share of the balance-sheet total falls from 90.9% to 85.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€176k▲
2023 · €46k
Cash flow
€133k▲
2023 · €24k
Current ratio
1.34▲
2023 · 0.78
Quick ratio
1.30▲
2023 · 0.71
Debt to equity
6.02▼
2023 · 10.02
ROE
61.7%▲
2023 · 29.2%
ROA
8.8%▲
2023 · 2.7%
Interest coverage
7.71▲
2023 · 2.53
Debt ≤ 1 year
€130k▲
2023 · €74k
Debt > 1 year
€660k▲
2023 · €430k
Income taxes
€20k▲
2023 · €4k
Staff costs
€400k▲
2023 · €74k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€555k€922k▲
Formation expenses20€931€0▼
Fixed assets21/28€496k€747k▲
Intangible fixed assets21€174k€148k▼
Tangible fixed assets22/27€317k€586k▲
Land and buildings22€270k€534k▲
Plant, machinery and equipment23€2k€16k▲
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€41k€33k▼
Financial fixed assets28€5k€12k▲
Current assets29/58€58k€175k▲
Amounts receivable after more than one year29-€37k
Other amounts receivable291-€37k
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€44k€42k▼
Trade receivables40€44k€39k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€8k€92k▲
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€555k€922k▲
Equity10/15€50k€131k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€48k€129k▲
Amounts payable17/49€504k€791k▲
Amounts payable after more than one year17€430k€660k▲
Financial debts170/4€430k€660k▲
Amounts payable within one year42/48€74k€130k▲
Current portion of amounts payable after more than one year42€58k€65k▲
Financial debts43-€850
Credit institutions430/8-€266
Other loans439-€584
Trade debts44-€21k
Suppliers440/4-€21k
Taxes, remuneration and social security45€11k€42k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€9k€41k▲
Other amounts payable47/48€5k€928▼
Income statement
Code20232024
Remuneration, social security and pensions62€74k€400k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€52k▲
Other operating charges640/8€37k€38k▲
Gross operating margin9900€157k€613k▲
Operating profit (loss)9901€37k€124k▲
Financial income75/76B€3€2▼
Recurring financial income75€3€2▼
Financial charges65/66B€18k€23k▲
Recurring financial charges65€18k€23k▲
Profit (loss) for the period before taxes9903€19k€101k▲
Income taxes67/77€4k€20k▲
Profit (loss) for the period9904€15k€81k▲
Profit (loss) for the period to be appropriated9905€15k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€129k▲
Profit (loss) brought forward from the previous period14P€34k€48k▲
Social balance
Average headcount (FTE)9087-11.9
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €19k | €74k | €400k | ▲ 438% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €9k | €52k | ▲ 469% |
| Other operating charges640/8 | €1k | €37k | €38k | ▲ 2.0% |
| Gross operating margin9900 | €64k | €157k | €613k | ▲ 291% |
| Operating profit (loss)9901 | €42k | €37k | €124k | ▲ 240% |
| Financial income75/76B | €0 | €3 | €2 | ▼ 12.1% |
| Recurring financial income75 | €0 | €3 | €2 | ▼ 12.1% |
| Financial charges65/66B | €748 | €18k | €23k | ▲ 26.6% |
| Recurring financial charges65 | €748 | €18k | €23k | ▲ 26.6% |
| Profit (loss) for the period before taxes9903 | €42k | €19k | €101k | ▲ 447% |
| Income taxes67/77 | €8k | €4k | €20k | ▲ 434% |
| Profit (loss) for the period9904 | €33k | €15k | €81k | ▲ 450% |
| Profit (loss) for the period to be appropriated9905 | €33k | €15k | €81k | ▲ 450% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €54k | €555k | €922k | ▲ 66.2% |
| Formation expenses20 | €1k | €931 | €0 | ▼ 100% |
| Fixed assets21/28 | €4k | €496k | €747k | ▲ 50.6% |
| Intangible fixed assets21 | - | €174k | €148k | ▼ 14.8% |
| Tangible fixed assets22/27 | €4k | €317k | €586k | ▲ 84.8% |
| Land and buildings22 | €1k | €270k | €534k | ▲ 97.7% |
| Plant, machinery and equipment23 | €3k | €2k | €16k | ▲ 722% |
| Furniture and vehicles24 | - | €4k | €3k | ▼ 20.3% |
| Other tangible fixed assets26 | - | €41k | €33k | ▼ 20.5% |
| Financial fixed assets28 | - | €5k | €12k | ▲ 170% |
| Current assets29/58 | €49k | €58k | €175k | ▲ 203% |
| Amounts receivable after more than one year29 | - | - | €37k | - |
| Other amounts receivable291 | - | - | €37k | - |
| Stocks and contracts in progress3 | - | €5k | €5k | = |
| Stocks30/36 | - | €5k | €5k | = |
| Amounts receivable within one year40/41 | €6k | €44k | €42k | ▼ 4.2% |
| Trade receivables40 | €6k | €44k | €39k | ▼ 10.1% |
| Other amounts receivable41 | - | - | €3k | - |
| Cash at bank and in hand54/58 | €43k | €8k | €92k | ▲ 1,052% |
| Deferred charges and accrued income490/1 | €73 | €1k | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €54k | €555k | €922k | ▲ 66.2% |
| Equity10/15 | €35k | €50k | €131k | ▲ 161% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €33k | €48k | €129k | ▲ 167% |
| Amounts payable17/49 | €19k | €504k | €791k | ▲ 56.8% |
| Amounts payable after more than one year17 | - | €430k | €660k | ▲ 53.4% |
| Financial debts170/4 | - | €430k | €660k | ▲ 53.4% |
| Amounts payable within one year42/48 | €19k | €74k | €130k | ▲ 76.1% |
| Current portion of amounts payable after more than one year42 | - | €58k | €65k | ▲ 12.2% |
| Financial debts43 | - | - | €850 | - |
| Credit institutions430/8 | - | - | €266 | - |
| Other loans439 | - | - | €584 | - |
| Trade debts44 | €1k | - | €21k | - |
| Suppliers440/4 | €1k | - | €21k | - |
| Taxes, remuneration and social security45 | €10k | €11k | €42k | ▲ 276% |
| Taxes450/3 | €8k | €2k | €2k | ▲ 0.1% |
| Remuneration and social security454/9 | €2k | €9k | €41k | ▲ 329% |
| Other amounts payable47/48 | €7k | €5k | €928 | ▼ 80.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €15k | €81k | ▲ 450% |
| + Depreciation and write-downs630 | €2k | €9k | €52k | ▲ 469% |
| Operating cash flow (approximation) | €35k | €24k | €133k | ▲ 457% |
| Investment in fixed assets (approximation) | - | €-501k | €-303k | ▲ 39.6% |
| Change in cash | - | €-35k | €84k | ▲ 339% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 85 days late
2024
31-12
Financial
Highest result since 2022net €81k ▲450%
Operating result €124k, net result €81k, both a record.
31-12
Financial
Equity above €100kEq €131k ▲161%
3 profitable years in a row build equity to €131k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €15k ▼56%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Olen · 3 establishment units since 2022
Ground area
1,330 m²
Building footprint
635 m²
Volume, LiDAR
3,630 m³
3 parcels, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Snuffel
since 20222.327.655.946
Snuffel
since 20232.349.934.074
Snuffel
since 20242.353.418.948
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027D0107/00W002 | Flanders | 518 m² | 1 · 203 m² | 14.2 m · 2 fl. |
| 13029C0151/00K007 | Flanders | 502 m² | 1 · 199 m² | 9.4 m · 2 fl. |
| 13029G0479/00W000 | Flanders | 309 m² | 1 · 233 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 15 entries · 1,676,174 EUR awarded · 1,676,102 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 767,551 EUR | 767,580 EUR |
| 2024 | 5 | 553,038 EUR | 552,937 EUR |
| 2023 | 4 | 231,834 EUR | 231,834 EUR |
| 2022 | 2 | 123,751 EUR | 123,751 EUR |
Schemes
Subsidies voorschoolse kinderopvang
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Hinderpremie bij openbare werken
Subsidies jeugdhulp
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Show 1 more
Inkomenstarief kinderopvang
Recognitions · licences · registrations
Food safety, FASFC
3 sitesHerentals2.353.418.948
Olen2.327.655.946
Olen2.349.934.074
Care and welfare
3 servicesSnuffel
Snuffel 2
Snuffel 3
Similar companies · same sector, comparable size
W.O.K.O.
BE 0775.792.637
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DROMEN ENZO
BE 0540.705.120
Ranst · Eq €133k
De Egeltjes
BE 0841.876.955
Sint-Truiden · Eq €129k
Kinderopvang Turnhout
BE 0465.284.947
Turnhout · Eq €134k
Het Lijsternest
BE 0412.464.289
Watermaal-Bosvoorde · Eq €128k
Of 1,588 companies in sector 88911 we hold annual accounts for 707. 535 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
88911Day nurseries and crèches
Contact
Scores and ratios are computed by Checked and are not a credit decision.