Snuffel
Annual accounts 2025
abbreviated format, filed on 22-06-2026, 39 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.1m. Estimated: probably between €1.0m and €1.2m.
Balance sheet
balance sheet total €1.0m on 31-12-2025in euro
in euro
Position in the sector
7.6%
Higher than 11% of 867 companies in 2025.
1.20
Higher than 22% of 861 companies in 2025.
14.1%
Higher than 88% of 859 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
1.0m | 921,889 | 554,633 | 54,158 | |
20 |
- | 0 | 931 | 1,254 | |
21/28 |
710,735 | 746,864 | 495,912 | 3,992 | |
21 |
122,724 | 148,438 | 174,153 | - | |
22/27 |
580,372 | 586,276 | 317,259 | 3,992 | |
22 |
540,160 | 534,264 | 270,200 | 1,343 | |
23 |
12,374 | 16,154 | 1,965 | 2,649 | |
24 |
3,675 | 3,295 | 4,132 | - | |
26 |
24,163 | 32,563 | 40,963 | - | |
28 |
7,639 | 12,150 | 4,500 | - | |
29/58 |
332,754 | 175,025 | 57,790 | 48,911 | |
29 |
0 | 36,534 | - | - | |
291 |
0 | 36,534 | - | - | |
3 |
5,000 | 5,000 | 5,000 | - | |
30/36 |
5,000 | 5,000 | 5,000 | - | |
40/41 |
155,696 | 41,940 | 43,766 | 5,838 | |
40 |
153,087 | 39,330 | 43,766 | 5,838 | |
41 |
2,610 | 2,610 | - | - | |
54/58 |
168,530 | 91,551 | 7,949 | 43,000 | |
490/1 |
3,527 | 0 | 1,075 | 73 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
1.0m | 921,889 | 554,633 | 54,158 | |
10/15 |
78,870 | 131,251 | 50,320 | 35,383 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
14 |
76,870 | 129,251 | 48,320 | 33,383 | |
17/49 |
964,619 | 790,638 | 504,313 | 18,775 | |
17 |
687,061 | 660,159 | 430,219 | - | |
170/4 |
687,061 | 660,159 | 430,219 | - | |
42/48 |
277,557 | 130,479 | 74,094 | 18,775 | |
42 |
70,398 | 65,045 | 57,995 | - | |
43 |
591 | 850 | - | - | |
430/8 |
139 | 266 | - | - | |
439 |
452 | 584 | - | - | |
44 |
33,275 | 21,310 | - | 1,246 | |
440/4 |
33,275 | 21,310 | - | 1,246 | |
45 |
82,297 | 42,348 | 11,266 | 10,402 | |
450/3 |
6,499 | 1,819 | 1,818 | 8,346 | |
454/9 |
75,799 | 40,529 | 9,448 | 2,056 | |
47/48 |
90,996 | 928 | 4,832 | 7,128 | |
| Income statement | |||||
9900 |
1.0m | 613,351 | 156,806 | 63,981 | |
62 |
717,201 | 399,998 | 74,410 | 18,542 | |
630 |
64,809 | 51,715 | 9,090 | 1,800 | |
640/8 |
4,530 | 37,510 | 36,771 | 1,162 | |
9901 |
226,523 | 124,128 | 36,536 | 42,476 | |
75/76B |
6 | 2 | 3 | 0 | |
75 |
6 | 2 | 3 | 0 | |
65/66B |
32,411 | 22,809 | 18,016 | 748 | |
65 |
32,411 | 22,809 | 18,016 | 748 | |
9903 |
194,118 | 101,321 | 18,523 | 41,728 | |
67/77 |
46,499 | 20,390 | 3,818 | 8,346 | |
9904 |
147,619 | 80,930 | 14,705 | 33,383 | |
9905 |
147,619 | 80,930 | 14,705 | 33,383 | |
| Appropriation of the result | |||||
9906 |
276,870 | 129,251 | 48,320 | 33,383 | |
14P |
129,251 | 48,320 | 33,615 | - | |
694/7 |
200,000 | - | - | - | |
694 |
200,000 | - | - | - | |
| Social balance sheet | |||||
9087 |
0 | 11.9 | 2.1 | 0.8 | |
Hours worked1013 |
- | 18,460 | 3,535 | 713 | |
| Document | |||||
The notes to these accounts have 22 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2025, 15 entries, €1.7m awarded, €1.7m paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €767,551 | €767,580 |
| 2024 | 5 | €553,038 | €552,937 |
| 2023 | 4 | €231,834 | €231,834 |
| 2022 | 2 | €123,751 | €123,751 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 291,331 | 175,843 | 45,626 | 44,276 | ||
| 212,428 | 132,645 | 23,795 | 35,183 | ||
| 33,191 | 301,736 | 500,687 | 5,792 | ||
| 76,979 | 83,602 | -35,051 | - | ||
| 55,197 | 44,546 | -16,304 | 30,136 | ||
| 7.6% | 14.2% | 9.1% | 65.3% | ||
| 1.20 | 1.34 | 0.78 | 2.61 | ||
| 1.18 | 1.30 | 0.71 | 2.61 | ||
| 12.23 | 6.02 | 10.02 | 0.53 | ||
| 187.2% | 61.7% | 29.2% | 94.3% | ||
| 14.1% | 8.8% | 2.7% | 61.6% | ||
| 8.99 | 7.71 | 2.53 | 59.23 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|
| Employees at the balance-sheet date | 17 | 8 | 1 |
| full-time | 11 | 2 | - |
| part-time | 6 | 6 | 1 |
| in full-time equivalents | 15.7 | 6.1 | 0.6 |
| 11.9 | 2.1 | 0.4 | |
| On a permanent contract | 16 | 5 | 1 |
| Joined | 18 | 8 | - |
| Left | 9 | 1 | - |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €33,191 | €294,086 | €316,187 | €4,657 |
| Intangible fixed assets | - | - | €180,000 | €1,136 |
| Financial fixed assets | €0 | €7,650 | €4,500 | - |
| €64,809 | €51,715 | €9,090 | €1,800 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Snuffel
The operating result for 2025 is 82% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 85.8% to 92.4%. Equity is lower and debt is higher.
- 2024 Staff (FTE) +467% on 2023. The accounts now follow the abbreviated format, last year the micro format.