FIRMAN KNOKKE
ActiveFIRMAN KNOKKE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €391k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency34▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.82 in 2024; short-term debt: 91.2% and cash: 49.4% of total assets), and 91.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
8.8%
Return on assets
21.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
24 d early
2022
32 d early
2021
32 d early
2020
18 d early
2019
41 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€159k▲ 805%
2024 · €18k
2019: €-711k
2020: €-576k
2021: €-472k
2022: €-635k
2023: €-416k
2024: €18k
2019 → 2025
Total assets
€1.80M▲ 57.9%
2024 · €1.14M
2019: €3.19M
2020: €2.22M
2021: €1.87M
2022: €1.48M
2023: €1.74M
2024: €1.14M
2019 → 2025
Net result
€391k▼ 9.7%
2024 · €433k
2019: €-229k
2020: €173k
2021: €104k
2022: €-163k
2023: €219k
2024: €433k
2019 → 2025
Working capital
€-22k▲ 88.9%
2024 · €-198k
2019: €-2.00M
2020: €-216k
2021: €67k
2022: €-121k
2023: €254k
2024: €-198k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-472k-€-635k▼ 34.5%€-416k▲ 34.6%€18k€159k▲ 805%
Operating result€141k-€-125k€311k€495k▲ 59.2%€543k▲ 9.6%
Net result€104k-€-163k€219k€433k▲ 97.3%€391k▼ 9.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.80M
Fixed assets
€180k▼ 16.3%
Current assets
€1.62M▲ 75.3%
Equity and liabilities €1.80M
Equity
€159k▲ 805%
Debt
€1.64M▲ 46.3%
The debt ratio falls from 98.5% to 91.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€604k▲
2024 · €552k
Cash flow
€452k▼
2024 · €490k
Solvency
8.8%▲
2024 · 1.5%
Current ratio
0.99▲
2024 · 0.82
Quick ratio
0.70▲
2024 · 0.38
Debt / equity
10.36▼
2024 · 64.12
ROE
246.6%
ROA
21.7%▼
2024 · 38.0%
Interest coverage
69.87▲
2024 · 11.67
Debt
€1.64M▲
2024 · €1.12M
Debt ≤ 1 year
€1.64M▲
2024 · €1.12M
Income taxes
€149k▲
2024 · €19k
Staff costs
€1.23M▲
2024 · €1.15M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.80M▲
Fixed assets21/28€216k€180k▼
Tangible fixed assets22/27€213k€177k▼
Plant, machinery and equipment23€211k€174k▼
Furniture and vehicles24€2k€4k▲
Financial fixed assets28€3k€3k=
Current assets29/58€925k€1.62M▲
Stocks and contracts in progress3€500k€469k▼
Stocks30/36€500k€469k▼
Amounts receivable within one year40/41€93k€242k▲
Trade receivables40-€53k
Other amounts receivable41€93k€190k▲
Cash at bank and in hand54/58€320k€890k▲
Deferred charges and accrued income490/1€12k€19k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.80M▲
Equity10/15€18k€159k▲
Contributions10/11€150k€150k=
Reserves13-€9k
Distributable reserves133-€9k
Profit (loss) carried forward14€-132k-
Amounts payable17/49€1.12M€1.64M▲
Amounts payable within one year42/48€1.12M€1.64M▲
Trade debts44€754k€1.13M▲
Suppliers440/4€754k€1.13M▲
Taxes, remuneration and social security45€280k€295k▲
Taxes450/3€116k€124k▲
Remuneration and social security454/9€165k€172k▲
Other amounts payable47/48€89k€216k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.15M€1.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€61k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€1.70M€1.84M▲
Operating profit (loss)9901€495k€543k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€47k€9k▼
Recurring financial charges65€47k€9k▼
Profit (loss) for the period before taxes9903€452k€540k▲
Income taxes67/77€19k€149k▲
Profit (loss) for the period9904€433k€391k▼
Profit (loss) for the period to be appropriated9905€433k€391k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-132k€259k▲
Profit (loss) brought forward from the previous period14P€-566k€-132k▲
Transfer to equity691/2-€9k
To other reserves6921-€9k
Profit to be distributed694/7-€250k
Return on contributions (dividend)694-€250k
Social balance
Average headcount (FTE)908729.931.0▲
The notes to these accounts (9 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
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €150kEq €159k ▲805%
3 profitable years in a row build equity to €159k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €433k ▲97.3%
Net result €433k, the highest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €219k
Net result €219k after one loss-making year.
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €173k
Net result €173k after one loss-making year.
2019
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Knokke-Heist · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duinenwater 288300 Knokke-HeistGround area
3,790 m²
Building footprint
2,767 m²
Parcel 31013D0610/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Albert Heijn Knokke-Heist
since 20162.253.244.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0610/00A000 | Flanders | 3,790 m² | 1 · 2,767 m² | - |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 17,717 EUR awarded · 16,142 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,652 EUR | 16,142 EUR |
| 2024 | 1 | 7,065 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyKnokke-Heist2.253.244.672
Dual-learning approval
2 live approvals · 4 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,428 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2016
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.