ACTIVE

SNOWBALL

Financial year 2025 · closed on 30/04/2025
Net result
207,5 k €
+7.5% YoY
Gross margin
514 k €
+6.8% YoY
Equity
1,6 M €
+14.7% YoY
Workforce
7,3 ETP
+25.9% YoY

What does SNOWBALL do?

SNOWBALL is a Private limited company incorporated in 1969. Its registered office is in Harelbeke. It employs on average 7,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.800.974
Incorporation
02/07/1969
Legal form
Private limited company
Registered office
Evolis 104
8530 Harelbeke · FlandreSee on map
Contributed capital
750 000,00 €
Latest accounts
30/04/2025
Average workforce
7,3 ETP
Joint committees (2)
  • 302
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin514 k €481,3 k €320,5 k €220,3 k €-16,7 k €-82,9 k €-419,1 €184,8 k €276,4 k €17,2 k €16,7 k €6,3 k €-935,2 €-250 €4,1 k €6,5 k €1,7 k €-1,5 k €358 €
EBITDA213 k €221,3 k €153,4 k €97,4 k €-96,4 k €-84 k €-1,8 k €183,8 k €275,3 k €16 k €14,6 k €5,7 k €-1,2 k €-977,3 €3,4 k €5,9 k €-338 €-2,5 k €358 €
Operating result174 k €194,5 k €138,9 k €87,9 k €-99,1 k €-102,3 k €-20,1 k €165,5 k €275,3 k €16 k €14,2 k €5,3 k €-1,6 k €-977,3 €3,4 k €5,9 k €-338 €-2,5 k €358 €
Net result207,5 k €193,1 k €138,9 k €88,3 k €-64,3 k €2,2 M €2,3 M €-124,6 k €73 k €-174,1 k €-171,8 k €-1,2 M €-22,6 k €-424,9 €3,6 k €-12,8 k €-338 €-2,5 k €358 €
Balance sheet
Equity1,6 M €1,4 M €1,2 M €1,1 M €993,3 k €1,1 M €1,4 M €-927,1 k €-802,5 k €-875,5 k €-701,4 k €-529,7 k €718 k €9,1 k €9,6 k €5,9 k €18,7 k €19 k €21,5 k €
Total assets1,7 M €1,5 M €1,4 M €1,3 M €1,2 M €3,6 M €1,4 M €2,7 M €2,7 M €2,6 M €2,6 M €2,6 M €2 M €9,6 k €9,9 k €6,7 k €31,3 k €35,2 k €34 k €
Cash286,8 k €1,3 M €1 M €381,4 k €687,3 k €2,7 M €222,8 k €50,3 k €6 k €4,7 k €18,4 k €2 k €4,9 k €1,2 k €2,1 k €3,2 k €6,4 k €6,5 k €3,8 k €
Debts59,9 k €98,2 k €93,8 k €134,1 k €167,8 k €2,6 M €595,8 €3,6 M €3,5 M €3,5 M €3,3 M €3,1 M €1,3 M €450,5 €307,2 €747,2 €905 €4 k €403 €
Other
Workforce7,3 ETP5,8 ETP4,9 ETP3,2 ETP3,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active · 8 ended

Active mandates

Stefan Grosjean

Managing director

Active

Ended mandates

Alexandra Vanhuyse

Director · since 08 mai 2020

Ended
Stefan GROSJEAN

Manager · since 05 octobre 2012

Ended
XVENT

Manager · since 09 septembre 2011 · 0478.079.346

Represented by Stefan GROSJEAN

Ended
Alexandra Vanhuyse

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/05/202401/05/202301/05/202201/05/202101/05/202001/05/2019
Closing of the financial year30/04/202530/04/202430/04/202330/04/202230/04/202130/04/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/10/202526/11/202427/09/202320/10/202221/09/202130/11/2020
General meeting25/09/202510/09/202410/09/202310/09/202210/09/202110/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/04/202525/09/202517/10/2025DutchPDF
Abridged model30/04/202410/09/202426/11/2024DutchPDF
Abridged model30/04/202310/09/202327/09/2023DutchPDF
Abridged model30/04/202210/09/202220/10/2022DutchPDF
Abridged model30/04/202110/09/202121/09/2021DutchPDF
Abridged model30/04/202010/09/202030/11/2020DutchPDF
Abridged model30/04/201910/09/201924/10/2019DutchPDF
Abridged model30/04/201810/09/201831/10/2018DutchPDF
Abridged model30/04/201711/09/201711/10/2017DutchPDF
Abridged model30/04/201610/09/201628/10/2016DutchPDF
Abridged model30/04/201510/09/201527/10/2015DutchPDF
Abridged model30/04/201409/09/201404/11/2014DutchPDF
Abridged model30/04/201310/09/201311/10/2013DutchPDF
Abridged model30/04/201210/09/201225/10/2012DutchPDF
Abridged model30/04/201109/09/201128/11/2011DutchPDF
Abridged model30/04/201010/09/201028/10/2010DutchPDF
Abridged model30/04/200903/10/200918/10/2009DutchPDF
Abridged model30/04/200820/10/200822/10/2008DutchPDF
Abridged model30/04/200710/10/200705/11/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active · 8 ended

Active mandates

Stefan Grosjean

Managing director

Active

Ended mandates

Alexandra Vanhuyse

Director · since 08 mai 2020

Ended
Stefan GROSJEAN

Manager · since 05 octobre 2012

Ended
XVENT

Manager · since 09 septembre 2011 · 0478.079.346

Represented by Stefan GROSJEAN

Ended
Alexandra Vanhuyse

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other08/07/2026
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/09/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/03/2013
    BENAMING
    PDF
  • Registered office30/11/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/12/2011
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025207,5 k €
  2. 2024
    Annual accounts 2024193,1 k €
  3. 2023
    Annual accounts 2023138,9 k €
  4. 2022
    Annual accounts 202288,3 k €
  5. 2021
    Annual accounts 2021-64,3 k €
  6. 2020
    Annual accounts 20202,2 M €
  7. 2019
    Annual accounts 20192,3 M €
  8. 2018
    Annual accounts 2018-124,6 k €
  9. 2017
    Annual accounts 201773 k €
  10. 2016
    Annual accounts 2016-174,1 k €
  11. 2015
    Annual accounts 2015-171,8 k €
  12. 2014
    Annual accounts 2014-1,2 M €
  13. 2013
    Annual accounts 2013-22,6 k €
  14. 2012
    Annual accounts 2012-424,9 €
  15. 2011
    Annual accounts 20113,6 k €
  16. 2010
    Annual accounts 2010-12,8 k €
  17. 2009
    Annual accounts 2009-338 €
  18. 2008
    Annual accounts 2008-2,5 k €
  19. 2007
    Annual accounts 2007358 €
  20. 02/07/1969
    IncorporationPrivate limited company