Financials
- Fiscal year
- 2024
- Total assets
- €442,041
- Profit
- €68,928
- Solvency
- 69.9%
Total assets▲ 13.7%
Net result
20182024
LN KNITS
ActiveSummary
The computed 12-month bankruptcy probability of LN KNITS is 2.8% (moderate). The 2024 annual accounts show equity of €309,157 and a net result of €68,928. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 76% of 9,089 sector peers (NACE 46, fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
NACE 46160Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
2 sites
Size
€442,041total assets 2024
- Staff
- 2.2 FTE
- Equity
- €309,157
- Profit
- €68,928
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue1 of 6 deeds read
Why 54- Figures for FY 2024 (filed 19-09-2025)- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 42 days late; 3 of the last 3 late+ Liquidity: current ratio 3.12, cash €163,724Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 81% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Strong
Solvency
95+8
equity 69.9% of total assets
Liquidity
86+2
short-term debt 27.2% · cash 37.0%
Profitability
88+88
return on assets 15.6%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● unchanged vs 11-2024
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.7%▼ -0.1 percentage points vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.3 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 0.3%▼ -0.8 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026lowest value
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.8 percentage points vs 07-2026
09-2026: 1.4%▲ +0.3 percentage points vs 08-2026
10-2026: 2.8%▲ +1.4 percentage points vs 09-2026highest value
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 3.12 against 2.65 in 2023; short-term debt: 27.2% and cash: 37% of total assets), and 30.1% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 75% on solvency, 86% on liquidity, 83% on profitability and 81% on growth.
The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 days late
2023
61 days late
2022
122 days late
2021
75 days late
2020
26 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfiscal year 2024 · abbreviated…
- Back to profitnet €68,928
Key points
By topic
Timeline
- Events
- 17
- Since
- 2016
- 30-09-2024Annual accounts filed
- 31-12-2023Weakest financial year
- 30-11-2023Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Agents in the wholesale of textiles, clothing, fur…NACE 46160
- Founded
- 20-04-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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