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K.N.

Active
Private limited companyfounded 201016 yrs activeCogelsplein 28, 2100 Antwerpen, BelgiumKBO/BCE: BE 0827.587.568
Summary

K.N. has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€29,400) and a net result of €6,902. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 7% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth75=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.35 in 2024; short-term debt: 292% and cash: 26.2% of total assets), and equity is negative.
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Signals

Five 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-192%
Return on assets
45.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 18716 sector peers (2025).
NBB · sector comparison
Position among 18716 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
22 d early
2023
26 d early
2022
6 d early
2021
58 d late
2019
92 d late
2018
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 July 2010, K.N. was incorporated.1 Revenue went from EUR 114,386 in 2018 to EUR 157,190 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2025, micro schema

Turnover
€157,190▲ 12.3%
2019 · €139,996
EBIT margin
-3.6%▼ 4.9pp
2019 · 1.2%
Net result
€6,902▼ 26.8%
2024 · €9,435
Working capital
-€29,400▲ 19.0%
2024 · -€36,302
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€157,190-
Operating result-€5,719-€1,305€21,876▲ 1,576%€12,514▼ 42.8%€8,939▼ 28.6%
Net result-€7,519below the sector's middle half-€945within the sector's middle half€17,797within the sector's middle half▲ 1,783%€9,435within the sector's middle half▼ 47.0%€6,902within the sector's middle half▼ 26.8%
EBIT margin-3.6%-
Equity-€64,495below the sector's middle half--€63,534below the sector's middle half▲ 1.5%-€45,738below the sector's middle half▲ 28.0%-€36,302below the sector's middle half▲ 20.6%-€29,400below the sector's middle half▲ 19.0%
Total assets€26,058below the sector's middle half-€23,260below the sector's middle half▼ 10.7%€22,254below the sector's middle half▼ 4.3%€19,920below the sector's middle half▼ 10.5%€15,315below the sector's middle half▼ 23.1%
Debt€90,554-€86,795▼ 4.2%€67,992▼ 21.7%€56,222▼ 17.3%€44,715▼ 20.5%
Working capital-€64,267below the sector's middle half--€63,534below the sector's middle half▲ 1.1%-€45,738below the sector's middle half▲ 28.0%-€36,302below the sector's middle half▲ 20.6%-€29,400below the sector's middle half▲ 19.0%
Solvency-247.5%below the sector's middle half--273.1%below the sector's middle half▼ 25.6pp-205.5%below the sector's middle half▲ 67.6pp-182.2%below the sector's middle half▲ 23.3pp-192.0%below the sector's middle half▼ 9.7pp
Current ratio0.29below the sector's middle half-0.27below the sector's middle half▼ 0.020.33below the sector's middle half▲ 0.060.35below the sector's middle half▲ 0.030.34below the sector's middle half▼ 0.01
Return on assets (ROA)-28.9%below the sector's middle half-4.1%within the sector's middle half▲ 32.9pp80.0%above the sector's middle half▲ 75.9pp47.4%above the sector's middle half▼ 32.6pp45.1%above the sector's middle half▼ 2.3pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2021: -€5,719-€5,719Net result 2021: -€7,519-€7,519Operating result 2022: €1,305€1,305Net result 2022: €945€945Operating result 2023: €21,876€21,876Net result 2023: €17,797€17,797Operating result 2024: €12,514€12,514Net result 2024: €9,435€9,435Operating result 2025: €8,939€8,939Net result 2025: €6,902€6,90220212022202320242025€0€10,000€20,000Operating result 2023: €21,876€21,900Net result 2023: €17,797€17,800Operating result 2024: €12,514€12,500Net result 2024: €9,435€9,440Operating result 2025: €8,939€8,940Net result 2025: €6,902€6,900202320242025
The operating result has fallen two years in a row; 2025 is 29% below 2024.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.09▲
2024 · 0.08
Debt to equity
-1.52▲
2024 · -1.55
Debt ≤ 1 year
€44,715▼
2024 · €56,222
Income taxes
€1,874▼
2024 · €2,896
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
92% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€19,920€15,315▼
Current assets29/58€19,920€15,315▼
Stocks and contracts in progress3€15,622€11,302▼
Stocks30/36€15,622€11,302▼
Cash at bank and in hand54/58€4,297€4,012▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€19,920€15,315▼
Equity10/15-€36,302-€29,400▲
Contributions10/11€6,200€6,200=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Profit (loss) carried forward14-€43,122-€36,220▲
Amounts payable17/49€56,222€44,715▼
Amounts payable within one year42/48€56,222€44,715▼
Trade debts44€540€2,164▲
Suppliers440/4€540€2,164▲
Taxes, remuneration and social security45€3,449€5,959▲
Taxes450/3€3,449€5,959▲
Remuneration and social security454/9€0-
Other amounts payable47/48€52,234€36,591▼
Income statement Code20242025
Other operating charges640/8€4,007€2,020▼
Gross operating margin9900€16,521€10,959▼
Operating profit (loss)9901€12,514€8,939▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€182€163▼
Recurring financial charges65€182€163▼
Profit (loss) for the period before taxes9903€12,332€8,776▼
Income taxes67/77€2,896€1,874▼
Profit (loss) for the period9904€9,435€6,902▼
Profit (loss) for the period to be appropriated9905€9,435€6,902▼
Appropriation of the result
Profit (loss) to be appropriated9906-€43,122-€36,220▲
Profit (loss) brought forward from the previous period14P-€52,558-€43,122▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€157,190-----
Goods, raw materials, services and sundry goods60/61€161,046-----
Other operating charges640/8€1,964€709€3,508€4,007€2,020▼ 49.6%
Gross operating margin9900-€3,755€2,014€25,385€16,521€10,959▼ 33.7%
Operating profit (loss)9901-€5,719€1,305€21,876€12,514€8,939▼ 28.6%
Financial income75/76B-€0€0€0--
Recurring financial income75-€0€0€0--
Financial charges65/66B€1,801€360€122€182€163▼ 10.4%
Recurring financial charges65€1,801€360€122€182€163▼ 10.4%
Profit (loss) for the period before taxes9903-€7,519€945€21,755€12,332€8,776▼ 28.8%
Income taxes67/77--€3,958€2,896€1,874▼ 35.3%
Profit (loss) for the period9904-€7,519€945€17,797€9,435€6,902▼ 26.8%
Profit (loss) for the period to be appropriated9905-€7,519€945€17,797€9,435€6,902▼ 26.8%
Line20212022202320242025Change
Assets
Total assets20/58€26,058€23,260€22,254€19,920€15,315▼ 23.1%
Formation expenses20€0-----
Fixed assets21/28€0-----
Tangible fixed assets22/27€0-----
Plant, machinery and equipment23€0-----
Furniture and vehicles24€0-----
Other tangible fixed assets26€0-----
Current assets29/58€26,058€23,260€22,254€19,920€15,315▼ 23.1%
Stocks and contracts in progress3€23,304€20,872€20,386€15,622€11,302▼ 27.7%
Stocks30/36€23,304€20,872€20,386€15,622€11,302▼ 27.7%
Amounts receivable within one year40/41€0-----
Trade receivables40€0-----
Other amounts receivable41€0-----
Cash at bank and in hand54/58€2,754€2,388€1,812€4,297€4,012▼ 6.6%
Deferred charges and accrued income490/1--€56€0--
Equity and liabilities
Total equity and liabilities10/49€26,058€23,260€22,254€19,920€15,315▼ 23.1%
Equity10/15-€64,495-€63,534-€45,738-€36,302-€29,400▲ 19.0%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€620€620€620€620€620=
Non-distributable reserves130/1€620€620€620€620€620=
Reserves not available under the articles1311€620€620€620€620€620=
Profit (loss) carried forward14-€71,315-€70,354-€52,558-€43,122-€36,220▲ 16.0%
Amounts payable17/49€90,554€86,795€67,992€56,222€44,715▼ 20.5%
Amounts payable within one year42/48€90,325€86,795€67,992€56,222€44,715▼ 20.5%
Trade debts44€9,132€4,746€1,963€540€2,164▲ 301%
Suppliers440/4€9,132€4,746€1,963€540€2,164▲ 301%
Taxes, remuneration and social security45€1,009€1,865€6,896€3,449€5,959▲ 72.8%
Taxes450/3€1,009€1,865€4,896€3,449€5,959▲ 72.8%
Remuneration and social security454/9€0-€2,000€0--
Other amounts payable47/48€80,184€80,184€59,134€52,234€36,591▼ 29.9%
Accrued charges and deferred income492/3€228-----
Line20212022202320242025Change
Profit (loss) for the period9904-€7,519€945€17,797€9,435€6,902▼ 26.8%
Operating cash flow (approximation)-€7,519€945€17,797€9,435€6,902▼ 26.8%
Change in cash--€366-€576€2,485-€285▼ 111%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €17,797 ▲1,783%
Operating result €21,876, net result €17,797, both a record.
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €945
Net result €945 after one loss-making year.
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial Weakest financial yearnet -€7,519
Net result drops to -€7,519, the lowest in the series; recovery starts the following year.
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
06-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 279 days late
06-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 644 days late
2016
05-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Antwerpen · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
401 m²
Building footprint
149 m²
Volume, LiDAR
1,689 m³
Parcel 11343A0739/00F000, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
K.N.
Cogelsplein 28, 2100 AntwerpenRetail trade
since 20102.189.516.068
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11343A0739/00F000 Flanders 401 m² 1 · 149 m² 15.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.189.516.068
1 permission
Toelating · Detailhandel · since 01-07-2010

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0827587568
Also 9925:BE0827587568
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.