Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KNAFIN from Aywaille, company number BE0448846120, closed financial year 2025 with a result of € 14,727 after tax. For that financial year KNAFIN recorded a gross margin of € 61,048 and equity of € 319,274. Compared with financial year 2024, the result moved from € 35,324 to € 14,727. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 319,274
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,727
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 44,802
Cash and bank balances on the last day of the fiscal year.
€ 59,800 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 294,243
▼ 13% vs 2024
€ 25,217 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 5,133
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 308
▲ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,054 | € 65,075 | € 80,113 | € 61,048 | ▼ 24% |
| Profit after taxes | € 14,630 | € 22,507 | € 35,324 | € 14,727 | ▼ 58% |
| Equity | € 306,517 | € 329,024 | € 364,348 | € 319,274 | ▼ 12% |
| Total debts | € 449,862 | € 423,743 | € 369,371 | € 403,473 | ▲ 9% |
| Cash | - | - | - | € 44,802 | |
| Land & buildings | € 647,002 | € 650,261 | € 644,478 | € 636,533 | ▼ 1% |
| Retained profit | € 106,516 | € 129,024 | € 164,348 | € 119,274 | ▼ 27% |
| Dividend | € 0 | € 0 | € 0 | € 59,800 | |
| Bank debt | € 428,516 | € 384,176 | € 339,427 | € 294,243 | ▼ 13% |
| Balance sheet total | € 756,378 | € 752,767 | € 733,719 | € 722,748 | ▼ 1% |
Key figures of KNAFIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KNAFIN?
What happened at KNAFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,727 (▼ 58% vs 2024). filed late Source: NBB ↗
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,630 profit in 2022 to € 14,727 profit in 2025.
Paid € 1,114 in corporate taxes since 2022.
Best year ever: 2024, with € 35,324 profit.
Paid out € 59,800 in dividends to the owners in total.
Management
Behind KNAFIN are Nicoletta Marchetti and Philippe Knapen.
Directors
According to the 2025 annual accounts
Nicoletta Marchetti
Director
Philippe Knapen
Managing director
Establishments
Establishment units
Physical locations of this company
Emblève 3D box 2
4920 Aywaille
Emblève 3 D box 2
4920 Aywaille
Active since 20 January 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.846.120
- VAT number
- BE 0448.846.120
- Registered office
- Emblève 3D bus 2, 4920 Aywaille
- Names & denominations
- KNAFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1992
- Peppol
- Active · Active since 2 Mar 2026