KNAPP
ActiveSummary
KNAPP has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,820 and a net result of €16,660. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 46% of 3762 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+11
Solvency51▲+17
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.3 against 2.76 in 2024; short-term debt: 13.8% and cash: 18.9% of total assets), but 74.3% of the assets are financed with debt.
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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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
25.7%
Return on assets
16.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €25,820
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
42 d early
2023
64 d early
2022
42 d early
2021
110 d early
2020
22 d early
2019
7 d early
← 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 43 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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 19 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€229,093
EBIT margin
-6.6%
Net result
€16,660▲ 99.1%
2024 · €8,368
Working capital
€31,895▲ 23.3%
2024 · €25,868
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€229,093
Operating result-€1,917-€15,050▼ 685%-€5,921▲ 60.7%€9,747€22,517▲ 131%
Net result€12,103within the sector's middle half-€14,667below the sector's middle half-€7,046below the sector's middle half▲ 52.0%€8,368within the sector's middle half€16,660within the sector's middle half▲ 99.1%
EBIT margin-6.6%
Equity€22,506within the sector's middle half▲ 116%€7,839below the sector's middle half▼ 65.2%€792below the sector's middle half▼ 89.9%€9,160below the sector's middle half▲ 1,056%€25,820within the sector's middle half▲ 182%
Total assets€89,836below the sector's middle half▲ 92.2%€116,228below the sector's middle half▲ 29.4%€108,633below the sector's middle half▼ 6.5%€102,319below the sector's middle half▼ 5.8%€100,303below the sector's middle half▼ 2.0%
Debt€67,331▲ 158%€108,389▲ 61.0%€107,841▼ 0.5%€93,159▼ 13.6%€74,483▼ 20.0%
Working capital-€16,498within the sector's middle half▼ 31.9%€24,269within the sector's middle half€16,263within the sector's middle half▼ 33.0%€25,868within the sector's middle half▲ 59.1%€31,895within the sector's middle half▲ 23.3%
Solvency25.1%within the sector's middle half▲ 2.8pp6.7%within the sector's middle half▼ 18.3pp0.7%below the sector's middle half▼ 6.0pp9.0%below the sector's middle half▲ 8.2pp25.7%within the sector's middle half▲ 16.8pp
Current ratio0.75within the sector's middle half▲ 0.253.08above the sector's middle half▲ 2.321.90within the sector's middle half▼ 1.172.76above the sector's middle half▲ 0.863.30above the sector's middle half▲ 0.54
Return on assets (ROA)13.5%within the sector's middle half▲ 17.3pp-12.6%below the sector's middle half▼ 26.1pp-6.5%below the sector's middle half▲ 6.1pp8.2%within the sector's middle half▲ 14.7pp16.6%above the sector's middle half▲ 8.4pp
Staff (FTE)0.5below the sector's middle half▼ 64.3%0.9below the sector's middle half▲ 80.0%2.3below the sector's middle half▲ 156%3below the sector's middle half▲ 30.4%1.5below the sector's middle half▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro 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 131% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,303
Fixed assets
€54,549 ▼ 11.7%
Current assets
€45,754 ▲ 12.8%
Equity and liabilities €100,303
Equity
€25,820 ▲ 182%
Debt
€74,483 ▼ 20.0%
Debt's share of the balance-sheet total falls from 91.0% to 74.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43,428▲
2024 · €29,540
Cash flow
€37,570▲
2024 · €28,161
Quick ratio
2.73▲
2024 · 2.16
Debt to equity
2.88▼
2024 · 10.17
ROE
64.5%▼
2024 · 91.4%
Interest coverage
33.41▲
2024 · 24.69
Debt ≤ 1 year
€13,859▼
2024 · €14,693
Debt > 1 year
€60,624▼
2024 · €78,465
Income taxes
€4,591▲
2024 · €182
Staff costs
€61,296▲
2024 · €60,742
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,815 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €229,093 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €195,943 | - | - | - | - |
| Remuneration, social security and pensions62 | €22,603 | €34,761 | €47,829 | €60,742 | €61,296 | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,232 | €18,436 | €19,436 | €19,793 | €20,910 | ▲ 5.6% |
| Other operating charges640/8 | €3,053 | €3,742 | €5,021 | €5,283 | €6,213 | ▲ 17.6% |
| Gross operating margin9900 | €28,971 | €41,890 | €66,365 | €95,565 | €110,936 | ▲ 16.1% |
| Operating profit (loss)9901 | -€1,917 | -€15,050 | -€5,921 | €9,747 | €22,517 | ▲ 131% |
| Financial income75/76B | €14,932 | €1,443 | €105 | - | €34 | - |
| Recurring financial income75 | €149 | €1,443 | €105 | - | €34 | - |
| Non-recurring financial income76B | €14,783 | - | - | - | - | - |
| Financial charges65/66B | €857 | €895 | €1,053 | €1,196 | €1,300 | ▲ 8.6% |
| Recurring financial charges65 | €857 | €895 | €1,053 | €1,196 | €1,300 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | €12,157 | -€14,502 | -€6,868 | €8,551 | €21,251 | ▲ 149% |
| Income taxes67/77 | €54 | €165 | €178 | €182 | €4,591 | ▲ 2,420% |
| Profit (loss) for the period9904 | €12,103 | -€14,667 | -€7,046 | €8,368 | €16,660 | ▲ 99.1% |
| Profit (loss) for the period to be appropriated9905 | €12,103 | -€14,667 | -€7,046 | €8,368 | €16,660 | ▲ 99.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,836 | €116,228 | €108,633 | €102,319 | €100,303 | ▼ 2.0% |
| Fixed assets21/28 | €39,004 | €80,265 | €74,373 | €61,758 | €54,549 | ▼ 11.7% |
| Intangible fixed assets21 | - | €2,175 | €3,327 | €4,974 | €3,606 | ▼ 27.5% |
| Tangible fixed assets22/27 | €39,004 | €78,042 | €70,995 | €56,724 | €50,891 | ▼ 10.3% |
| Land and buildings22 | €25,572 | €25,968 | €32,112 | €28,074 | €30,255 | ▲ 7.8% |
| Plant, machinery and equipment23 | €1,139 | €5,263 | €3,892 | €5,100 | €7,843 | ▲ 53.8% |
| Furniture and vehicles24 | €12,293 | €46,811 | €34,991 | €23,550 | €12,793 | ▼ 45.7% |
| Financial fixed assets28 | - | €48 | €51 | €60 | €52 | ▼ 13.8% |
| Current assets29/58 | €50,832 | €35,963 | €34,260 | €40,561 | €45,754 | ▲ 12.8% |
| Stocks and contracts in progress3 | - | €5,642 | €8,922 | €8,814 | €7,945 | ▼ 9.9% |
| Stocks30/36 | - | €5,642 | €8,922 | €8,814 | €7,945 | ▼ 9.9% |
| Amounts receivable within one year40/41 | €5,706 | €10,396 | €13,699 | €19,342 | €15,238 | ▼ 21.2% |
| Trade receivables40 | - | €10,396 | €13,531 | €19,342 | €15,238 | ▼ 21.2% |
| Other amounts receivable41 | €5,706 | - | €168 | - | - | - |
| Cash at bank and in hand54/58 | €45,126 | €19,925 | €8,613 | €8,899 | €18,958 | ▲ 113% |
| Deferred charges and accrued income490/1 | - | - | €3,026 | €3,507 | €3,614 | ▲ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,836 | €116,228 | €108,633 | €102,319 | €100,303 | ▼ 2.0% |
| Equity10/15 | €22,506 | €7,839 | €792 | €9,160 | €25,820 | ▲ 182% |
| Contributions10/11 | €15,958 | €15,958 | €15,958 | €15,958 | €15,958 | = |
| Reserves13 | €6,548 | €6,548 | €6,548 | - | €9,862 | - |
| Non-distributable reserves130/1 | €968 | €968 | - | - | - | - |
| Reserves not available under the articles1311 | €968 | €968 | - | - | - | - |
| Distributable reserves133 | €5,579 | €5,579 | €6,548 | - | €9,862 | - |
| Profit (loss) carried forward14 | - | -€14,667 | -€21,714 | -€6,798 | - | - |
| Amounts payable17/49 | €67,331 | €108,389 | €107,841 | €93,159 | €74,483 | ▼ 20.0% |
| Amounts payable after more than one year17 | - | €96,696 | €89,843 | €78,465 | €60,624 | ▼ 22.7% |
| Other amounts payable178/9 | - | €96,696 | €89,843 | €78,465 | €60,624 | ▼ 22.7% |
| Amounts payable within one year42/48 | €67,331 | €11,693 | €17,997 | €14,693 | €13,859 | ▼ 5.7% |
| Trade debts44 | €12,656 | €3,151 | €9,422 | €5,411 | €5,241 | ▼ 3.2% |
| Suppliers440/4 | €12,656 | €3,151 | €9,422 | €5,411 | €5,241 | ▼ 3.2% |
| Taxes, remuneration and social security45 | €97 | €8,543 | €8,575 | €9,282 | €8,618 | ▼ 7.2% |
| Taxes450/3 | €97 | €3,507 | €3,677 | €3,302 | €3,616 | ▲ 9.5% |
| Remuneration and social security454/9 | - | €5,036 | €4,898 | €5,980 | €5,003 | ▼ 16.3% |
| Other amounts payable47/48 | €54,578 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,103 | -€14,667 | -€7,046 | €8,368 | €16,660 | ▲ 99.1% |
| + Depreciation and write-downs630 | €5,232 | €18,436 | €19,436 | €19,793 | €20,910 | ▲ 5.6% |
| Operating cash flow (approximation) | €17,335 | €3,769 | €12,389 | €28,161 | €37,570 | ▲ 33.4% |
| Investment in fixed assets (approximation) | - | -€59,697 | -€13,544 | -€7,178 | -€13,701 | ▼ 90.9% |
| Change in cash | - | -€25,201 | -€11,312 | €286 | €10,059 | ▲ 3,423% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €16,660 ▲99.1%
Operating result €22,517, net result €16,660, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €8,368
Net result €8,368 after 2 loss-making years.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€14,667
Net result drops to -€14,667, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.08
Current ratio from 0.75 to 3.08; short-term debt falls from €67,331 to €11,693.
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €12,103
Net result €12,103 after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Back to profitnet €2,098
Net result €2,098 after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 1990
Ground area
110 m²
Building footprint
110 m²
Volume, LiDAR
744 m³
Parcel 35020B0012/00P000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Knapp
since 19902.049.312.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0012/00P000 | Flanders | 110 m² | 1 · 110 m² | 9.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 23,648 EUR awarded · 23,648 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 12,790 EUR | 12,790 EUR |
| 2024 | 1 | 10,858 EUR | 10,858 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.049.312.367
Legal Entity Identifier
984500B9FD006D095Y64
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 8,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-08-1990
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
68121Development of residential building projects
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441205686
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.