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 9091 sector peers (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 67 d 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%
Better than 81% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
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%● 0.0% vs 11-2024
01-2025: 0.8%▼ -1.4% vs 12-2024
02-2025: 0.8%● 0.0% vs 01-2025
03-2025: 0.8%▼ -1.6% vs 02-2025
04-2025: 0.8%▲ +1.9% vs 03-2025
05-2025: 0.7%▼ -6.3% vs 04-2025
06-2025: 0.8%▲ +1.6% vs 05-2025
07-2025: 0.8%▼ -0.8% vs 06-2025
08-2025: 1.1%▲ +45.8% vs 07-2025
09-2025: 1.1%▲ +2.4% vs 08-2025
10-2025: 0.3%▼ -74.3% vs 09-2025
11-2025: 0.3%● 0.0% vs 10-2025
12-2025: 0.3%● 0.0% vs 11-2025
01-2026: 0.3%▼ -1.4% vs 12-2025
02-2026: 0.3%● 0.0% vs 01-2026
03-2026: 0.3%▼ -2.1% vs 02-2026
04-2026: 0.3%● 0.0% vs 03-2026
05-2026: 0.3%▼ -4.6% vs 04-2026lowest value
06-2026: 0.3%● 0.0% vs 05-2026lowest value
07-2026: 0.3%▲ +8.2% vs 06-2026
08-2026: 1.1%▲ +285% vs 07-2026
09-2026: 1.4%▲ +25.3% vs 08-2026
10-2026: 2.8%▲ +100% vs 09-2026highest value
- Figures for FY 2024 (filed 19-09-2025) raises the probability
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 3.12, cash €163,724 lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 42 days late; 3 of the last 3 late raises the probability
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 comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 75%, liquidity 86%, profitability 83%, growth against the median 81%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−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 d late
2023
61 d late
2022
122 d late
2021
75 d late
2020
26 d early
2019
28 d 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
- 08-07-2026Registered office
- 11-09-2025Annual accounts filed
- 31-12-2024Back to profit
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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