KNITOFFICE
ActiveSummary
KNITOFFICE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,693 and a net result of €11,859. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+1
Solvency100▲+15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.9 in 2024; short-term debt: 23.1% and cash: 15% of total assets), and 23.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer 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
76.9%
Return on assets
12.1%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
31 d early
2022
61 d early
2021
2 d early
2020
39 d early
2019
11 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 34 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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 2 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€75,693▲ 17.1%
2024 · €64,667
Total assets
€98,402▼ 9.2%
2024 · €108,398
Net result
€11,859▼ 0.9%
2024 · €11,971
Working capital
-€4,307▼ 33.0%
2024 · -€3,238
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 13, Manufacture of textiles, 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
Operating result€31,014▼ 47.4%€26,862▼ 13.4%€28,390▲ 5.7%€18,771▼ 33.9%€18,417▼ 1.9%
Net result€22,513within the sector's middle half▼ 48.9%€18,063within the sector's middle half▼ 19.8%€18,452within the sector's middle half▲ 2.2%€11,971within the sector's middle half▼ 35.1%€11,859within the sector's middle half▼ 0.9%
Equity€27,014below the sector's middle half▼ 25.0%€37,077below the sector's middle half▲ 37.3%€53,529below the sector's middle half▲ 44.4%€64,667below the sector's middle half▲ 20.8%€75,693below the sector's middle half▲ 17.1%
Total assets€150,972below the sector's middle half▲ 45.8%€126,732below the sector's middle half▼ 16.1%€114,094below the sector's middle half▼ 10.0%€108,398below the sector's middle half▼ 5.0%€98,402below the sector's middle half▼ 9.2%
Debt€123,958▲ 83.6%€89,655▼ 27.7%€60,565▼ 32.4%€43,731▼ 27.8%€22,709▼ 48.1%
Working capital€7,504below the sector's middle half▼ 79.2%€526below the sector's middle half▼ 93.0%€1,407below the sector's middle half▲ 167%-€3,238below the sector's middle half-€4,307below the sector's middle half▼ 33.0%
Solvency17.9%below the sector's middle half▼ 16.9pp29.3%within the sector's middle half▲ 11.4pp46.9%within the sector's middle half▲ 17.7pp59.7%within the sector's middle half▲ 12.7pp76.9%within the sector's middle half▲ 17.3pp
Current ratio1.12below the sector's middle half▼ 0.411.01below the sector's middle half▼ 0.111.04below the sector's middle half▲ 0.030.90below the sector's middle half▼ 0.150.81below the sector's middle half▼ 0.09
Return on assets (ROA)14.9%above the sector's middle half▼ 27.7pp14.3%above the sector's middle half▼ 0.7pp16.2%above the sector's middle half▲ 1.9pp11.0%within the sector's middle half▼ 5.1pp12.1%within the sector's middle half▲ 1.0pp
Staff (FTE)0.3below the sector's middle half▼ 81.3%
above
within
below
the middle half (P25 to P75) of NACE 13, Manufacture of textiles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98,402
Fixed assets
€80,000 ▼ 0.3%
Current assets
€18,402 ▼ 34.6%
Equity and liabilities €98,402
Equity
€75,693 ▲ 17.1%
Debt
€22,709 ▼ 48.1%
Debt's share of the balance-sheet total falls from 40.3% to 23.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18,659▼
2024 · €19,250
Cash flow
€12,101▼
2024 · €12,450
Debt to equity
0.30▼
2024 · 0.68
ROE
15.7%▼
2024 · 18.5%
Interest coverage
55.20▲
2024 · 35.00
Debt ≤ 1 year
€22,709▼
2024 · €31,394
Income taxes
€6,220▼
2024 · €6,250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €14,312 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €238 | €479 | €479 | €242 | ▼ 49.5% |
| Other operating charges640/8 | €648 | €619 | €666 | €678 | €694 | ▲ 2.4% |
| Gross operating margin9900 | €45,974 | €27,719 | €29,535 | €19,928 | €19,353 | ▼ 2.9% |
| Operating profit (loss)9901 | €31,014 | €26,862 | €28,390 | €18,771 | €18,417 | ▼ 1.9% |
| Financial income75/76B | €649 | €290 | - | - | - | - |
| Recurring financial income75 | €649 | €290 | - | - | - | - |
| Financial charges65/66B | €709 | €998 | €761 | €550 | €338 | ▼ 38.5% |
| Recurring financial charges65 | €709 | €998 | €761 | €550 | €338 | ▼ 38.5% |
| Profit (loss) for the period before taxes9903 | €30,954 | €26,154 | €27,629 | €18,221 | €18,079 | ▼ 0.8% |
| Income taxes67/77 | €8,441 | €8,091 | €9,177 | €6,250 | €6,220 | ▼ 0.5% |
| Profit (loss) for the period9904 | €22,513 | €18,063 | €18,452 | €11,971 | €11,859 | ▼ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €22,513 | €18,063 | €18,452 | €11,971 | €11,859 | ▼ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150,972 | €126,732 | €114,094 | €108,398 | €98,402 | ▼ 9.2% |
| Fixed assets21/28 | €80,000 | €81,200 | €80,721 | €80,242 | €80,000 | ▼ 0.3% |
| Tangible fixed assets22/27 | - | €1,200 | €721 | €242 | - | - |
| Furniture and vehicles24 | - | €1,200 | €721 | €242 | - | - |
| Financial fixed assets28 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Current assets29/58 | €70,972 | €45,532 | €33,373 | €28,156 | €18,402 | ▼ 34.6% |
| Amounts receivable after more than one year29 | - | €10,000 | - | - | - | - |
| Trade receivables290 | - | €10,000 | - | - | - | - |
| Amounts receivable within one year40/41 | €21,376 | €5,016 | €5,184 | €9,233 | €3,630 | ▼ 60.7% |
| Trade receivables40 | €4,432 | €4,607 | €4,432 | €4,432 | - | - |
| Other amounts receivable41 | €16,944 | €409 | €752 | €4,801 | €3,630 | ▼ 24.4% |
| Cash at bank and in hand54/58 | €49,596 | €30,227 | €28,189 | €18,923 | €14,772 | ▼ 21.9% |
| Deferred charges and accrued income490/1 | - | €289 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150,972 | €126,732 | €114,094 | €108,398 | €98,402 | ▼ 9.2% |
| Equity10/15 | €27,014 | €37,077 | €53,529 | €64,667 | €75,693 | ▲ 17.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €7,014 | €17,077 | €33,529 | €44,667 | €55,693 | ▲ 24.7% |
| Non-distributable reserves130/1 | €2,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | - | - | - | - | - |
| Distributable reserves133 | €5,014 | €17,077 | €33,529 | €44,667 | €55,693 | ▲ 24.7% |
| Amounts payable17/49 | €123,958 | €89,655 | €60,565 | €43,731 | €22,709 | ▼ 48.1% |
| Amounts payable after more than one year17 | €60,490 | €44,649 | €28,599 | €12,337 | - | - |
| Financial debts170/4 | €60,490 | €44,649 | €28,599 | €12,337 | - | - |
| Amounts payable within one year42/48 | €63,468 | €45,006 | €31,966 | €31,394 | €22,709 | ▼ 27.7% |
| Current portion of amounts payable after more than one year42 | €15,634 | €15,840 | €16,050 | €16,262 | €12,337 | ▼ 24.1% |
| Trade debts44 | €1,689 | €4,064 | €1,973 | €3,928 | €2,215 | ▼ 43.6% |
| Suppliers440/4 | €1,689 | €4,064 | €1,973 | €3,928 | €2,215 | ▼ 43.6% |
| Taxes, remuneration and social security45 | €14,645 | €15,386 | €8,439 | €7,279 | €7,280 | = |
| Taxes450/3 | €14,645 | €15,386 | €8,439 | €7,279 | €7,280 | = |
| Other amounts payable47/48 | €31,500 | €9,716 | €5,504 | €3,925 | €877 | ▼ 77.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,513 | €18,063 | €18,452 | €11,971 | €11,859 | ▼ 0.9% |
| + Depreciation and write-downs630 | - | €238 | €479 | €479 | €242 | ▼ 49.5% |
| Operating cash flow (approximation) | €22,513 | €18,301 | €18,931 | €12,450 | €12,101 | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€1,438 | €0 | €0 | €0 | - |
| Change in cash | - | -€19,369 | -€2,038 | -€9,266 | -€4,151 | ▲ 55.2% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €11,859 ▼0.9%
Net result drops to €11,859, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €44,071 ▲9.5%
Net result €44,071, the highest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zottegem · 1 establishment unit since 2005
Ground area
5,282 m²
Building footprint
1,986 m²
Volume, LiDAR
7,660 m³
Parcel 41035A0230/00H002, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KNITOFFICE
since 20052.147.361.056
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41035A0230/00H002 | Flanders | 5,282 m² | 1 · 1,986 m² | 5.8 m · 1 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2025 annual accounts of KNITOFFICE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 84 companies in sector 13910 we hold annual accounts for 20. 12 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
Founded24-05-2005
Fiscal year end31-12
Activities, NACEBEL 2025
13910Manufacture of textiles
14210Manufacture of outerwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0873996229
Also
9925:BE0873996229
Registered
07-12-2025
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.