LKNS

Active

Private limited companyfounded 20224 yrs activeDorpsplein 23, 8851 Ardooie, BelgiumKBO/BCE: BE 0790.879.008

Summary

LKNS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €10k. Its solvency ranks better than 24% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

78 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability82▼-9

Solvency55▲+8

Growth52

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 1.94 against 1.69 in 2023; short-term debt: 32.8% and cash: 54.4% of total assets), but 70.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

29.7%

Return on assets

10.5%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 15367 sector peers (2024).

NBB · sector comparison

Position among 15367 sector peers

Solvency

better than 24%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

42 d early

2023

50 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, micro schema

Equity

€30k▲ 48.3%

2023 · €20k

2023: €20k

2023 → 2024

Total assets

€100k▲ 11.2%

2023 · €90k

2023: €90k

2023 → 2024

Net result

€10k▼ 33.9%

2023 · €16k

2023: €16k

2023 → 2024

Working capital

€31k▲ 85.8%

2023 · €17k

2023: €17k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€20k-€30k▲ 48.3%

Operating result€24k-€17k▼ 29.4%

Net result€16k-€10k▼ 33.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 29% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €100k

36.4%

63.6%

Fixed assets €36k ▼ 25.7%

Current assets €64k ▲ 56.2%

Equity and liabilities €100k

29.7%

70.3%

Equity €30k ▲ 48.3%

Debt €71k ▲ 0.6%

Debt's share of the balance-sheet total falls from 77.8% to 70.3%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€30k▼

2023 · €40k

Cash flow

€23k▼

2023 · €32k

Current ratio

1.94▲

2023 · 1.69

Debt to equity

2.37▼

2023 · 3.50

ROE

35.2%▼

2023 · 79.1%

ROA

10.5%▼

2023 · 17.6%

Interest coverage

16.56▼

2023 · 24.69

Debt ≤ 1 year

€33k▲

2023 · €24k

Debt > 1 year

€37k▼

2023 · €46k

Income taxes

€5k▼

2023 · €7k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines

Balance sheet Code20232024

Assets

Total assets20/58€90k€100k▲

Formation expenses20€419€174▼

Fixed assets21/28€49k€36k▼

Tangible fixed assets22/27€49k€36k▼

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€47k€34k▼

Current assets29/58€41k€64k▲

Amounts receivable within one year40/41€9k€9k▲

Trade receivables40€9k€9k▲

Other amounts receivable41-€4

Cash at bank and in hand54/58€32k€55k▲

Equity and liabilities

Total equity and liabilities10/49€90k€100k▲

Equity10/15€20k€30k▲

Contributions10/11€5k€5k=

Reserves13€15k€24k▲

Distributable reserves133€15k€24k▲

Profit (loss) carried forward14€82€776▲

Amounts payable17/49€70k€71k▲

Amounts payable after more than one year17€46k€37k▼

Financial debts170/4€46k€37k▼

Amounts payable within one year42/48€24k€33k▲

Current portion of amounts payable after more than one year42€9k€9k▲

Trade debts44€2k€2k▼

Suppliers440/4€2k€2k▼

Taxes, remuneration and social security45€11k€10k▼

Taxes450/3€11k€10k▼

Other amounts payable47/48€3k€13k▲

Accrued charges and deferred income492/3€52€1k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼

Other operating charges640/8€2k€925▼

Gross operating margin9900€41k€31k▼

Operating profit (loss)9901€24k€17k▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€23k€15k▼

Income taxes67/77€7k€5k▼

Profit (loss) for the period9904€16k€10k▼

Profit (loss) for the period to be appropriated9905€16k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€16k€11k▼

Profit (loss) brought forward from the previous period14P-€82

Transfer to equity691/2€15k€9k▼

To other reserves6921€15k€9k▼

Profit to be distributed694/7€800€800=

Return on contributions (dividend)694€800€800=

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

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

19-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

19-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 50 days late

NBB filing

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, Ardooie · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Dorpsplein 238851 Ardooie

Ground area

791 m²

Building footprint

772 m²

Volume, LiDAR

3,434 m³

Parcel 37005B0796/00A000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

LKNS

Dorpsplein 23, 8851 ArdooieActivities of bailiffs

since 20222.340.801.327

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37005B0796/00A000	Flanders	791 m²	1 · 772 m²	10.3 m · 1 fl.

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

2023 · 1 entry · 204 EUR awarded · 204 EUR paid

Year	Entries	awarded	paid
2023	1	204 EUR	204 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 204 EUR · 204 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Nivelles · Eq €29,271

Sprimont · Eq €28,556

Cathérine Missal

BE 0736.626.215

Antwerpen · Eq €31,056

Of 1,019 companies in sector 69103 we hold annual accounts for 611. 341 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-09-2022

Fiscal year end31-12

Activities, NACEBEL 2025

69103Activities of bailiffs

69109Other legal services

70200Business and other management consultancy

82100Office administrative and support services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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