SNOWBALL
ActiveSummary
SNOWBALL has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.62M and a net result of €207k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 26.15 against 30.27 in 2024; short-term debt: 3.5% and cash: 17.1% of total assets), and 3.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.4%
Return on assets
12.3%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 17-10-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
4 d early
2023
64 d early
2022
41 d early
2021
70 d early
2020
on the day
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close25-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.62M▲ 14.7%
2024 · €1.41M
2019: €1.36M
2020: €1.06M
2021: €993k
2022: €1.08M
2023: €1.22M
2024: €1.41M
2019 → 2025
Total assets
€1.68M▲ 10.9%
2024 · €1.52M
2019: €1.36M
2020: €3.64M
2021: €1.18M
2022: €1.25M
2023: €1.39M
2024: €1.52M
2019 → 2025
Net result
€207k▲ 7.5%
2024 · €193k
2019: €2.28M
2020: €2.20M
2021: €-64k
2022: €88k
2023: €139k
2024: €193k
2019 → 2025
Working capital
€1.50M▲ 9.9%
2024 · €1.36M
2019: €1.17M
2020: €1.06M
2021: €998k
2022: €1.07M
2023: €1.27M
2024: €1.36M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€993k-€1.08M▲ 8.9%€1.22M▲ 12.8%€1.41M▲ 15.8%€1.62M▲ 14.7%
Operating result€-99k-€88k€139k▲ 58.0%€195k▲ 40.0%€174k▼ 10.6%
Net result€-64k-€88k€139k▲ 57.4%€193k▲ 39.0%€207k▲ 7.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€122k ▲ 16.9%
Current assets
€1.56M ▲ 10.5%
Equity and liabilities €1.68M
Equity
€1.62M ▲ 14.7%
Debt
€60k ▼ 41.2%
Debt's share of the balance-sheet total falls from 6.7% to 3.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€213k▼
2024 · €221k
Cash flow
€246k▲
2024 · €220k
Current ratio
26.15▼
2024 · 30.27
Quick ratio
25.93▼
2024 · 30.11
Debt to equity
0.04▼
2024 · 0.07
ROE
12.8%▼
2024 · 13.7%
ROA
12.3%▼
2024 · 12.7%
Interest coverage
91.15▼
2024 · 140.75
Debt ≤ 1 year
€60k▲
2024 · €47k
Debt > 1 year
€250▼
2024 · €52k
Staff costs
€299k▲
2024 · €257k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.68M▲
Fixed assets21/28€104k€122k▲
Tangible fixed assets22/27€104k€122k▲
Plant, machinery and equipment23€93k€68k▼
Furniture and vehicles24€11k€53k▲
Current assets29/58€1.41M€1.56M▲
Stocks and contracts in progress3€7k€13k▲
Stocks30/36€7k€13k▲
Amounts receivable within one year40/41€72k€26k▼
Trade receivables40€28k€10k▼
Other amounts receivable41€45k€16k▼
Current investments50/53-€1.23M
Cash at bank and in hand54/58€1.30M€287k▼
Deferred charges and accrued income490/1€30k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.68M▲
Equity10/15€1.41M€1.62M▲
Contributions10/11€750k€750k=
Reserves13€308k€308k=
Distributable reserves133€308k€308k=
Profit (loss) carried forward14€356k€563k▲
Amounts payable17/49€102k€60k▼
Amounts payable after more than one year17€52k€250▼
Other amounts payable178/9€52k€250▼
Amounts payable within one year42/48€47k€60k▲
Trade debts44€42k€46k▲
Suppliers440/4€42k€46k▲
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3€0-
Remuneration and social security454/9€4k€13k▲
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€25k
Remuneration, social security and pensions62€257k€299k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€39k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€481k€514k▲
Operating profit (loss)9901€195k€174k▼
Financial income75/76B€107€36k▲
Recurring financial income75€107€36k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€193k€207k▲
Profit (loss) for the period9904€193k€207k▲
Profit (loss) for the period to be appropriated9905€193k€207k▲
Appropriation of the result
Profit (loss) to be appropriated9906€356k€563k▲
Profit (loss) brought forward from the previous period14P€163k€356k▲
Social balance
Average headcount (FTE)90875.87.3▲
The notes to these accounts (11 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
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-04
Financial
Liquidity quadruplescurrent ratio 33.27
Current ratio from 9.16 to 33.27; short-term debt falls from €131k to €39k.
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-04
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
30-04
Financial
Equity above €1MEq €1.08M ▲8.9%
Equity rises from €993k to €1.08M.
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-04
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
30-04
Financial
Liquidity times 5current ratio 7.07
Current ratio from 1.41 to 7.07; short-term debt falls from €2.58M to €164k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2012
09-10
State Gazette act
Incorporation · Corporate purpose
Founding capital · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Harelbeke · 1 establishment unit since 1975
Ground area
1.2 ha
Building footprint
1,251 m²
Parcel 34322C0701/00A000, Flanders. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Snowball
since 19752.002.793.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322C0701/00A000 | Flanders | 1.2 ha | 1 · 1,251 m² | 0.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 582 EUR awarded · 582 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 582 EUR | 582 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
European Union, budget
2021 · 1 entry · 318,002 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2021 | 1 | 318,002 EUR |
Projects
PILOT PROJECT ART AND THE DIGITAL: UNLEASHING CREATIVITY-
Recognitions · licences · registrations
Food safety, FASFC
1 siteHarelbeke2.002.793.147
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IMMO-CREATORS
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SCHOLZEN GROUP
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 1,705 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-1969
Fiscal year end30-04
Activities, NACEBEL 2025
56111Full-service restaurants
70100Activities of head offices
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
90312Arts creation and performing arts activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Business parks
1 parkOffers a parcel on business park:Evolis