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CAAN CONSTRUCT

Active
Private limited companyfounded 2022active for 4 yearsGrand route de l'Etat 14, 4557 Tinlot, BelgiumKBO/BCE: BE 0787.742.245
Summary

CAAN CONSTRUCT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,651 and a net result of €22,798. Equity is growing by about 486% per year across the filed financial years. Its solvency ranks better than 73% of 13,595 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Agents in the wholesale of industrial machinery, ships and aircraft
NACE 46140
1 site
Size
€29,759total assets 2025
Equity
€20,651
Profit
€22,798
Turnover not published (micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 9 days early1 of 3 deeds read
Why 93raises riskSize: total assets €29,759Founded in 2022lowers riskLiquidity: current ratio 3.27, cash €24,269Equity €20,651 (69.4% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 94+94
equity 69.4% of total assets
Liquidity 87+85
short-term debt 30.6% · cash 81.6%
Profitability 100+100
return on assets 76.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 1.9%▼ -0.1 percentage points vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 2.2%▲ +0.3 percentage points vs 03-2025 05-2025: 2.4%▲ +0.2 percentage points vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.5%▲ +0.1 percentage points vs 06-2025 08-2025: 3.5%▲ +1.0 percentage point vs 07-2025 09-2025: 3.4%▼ -0.1 percentage points vs 08-2025 10-2025: 3.4%● unchanged vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 3.4%● unchanged vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.0%▼ -0.4 percentage points vs 02-2026 04-2026: 3.4%▲ +0.4 percentage points vs 03-2026 05-2026: 3.7%▲ +0.3 percentage points vs 04-2026highest value 06-2026: 1.8%▼ -1.9 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -1.7 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 3.27, above the usual 1.5; short-term debt: 30.6% and cash: 81.6% of total assets), and 30.6% of the assets are financed with debt and provisions.
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 74% on solvency, 87% on liquidity, 95% on profitability and 99% on growth.

The bankruptcy probability was computed on 21-10-2026 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 riskraises riskneutral
lowers risk · Liquidity: current ratio 3.27, cash €24,269
NBB · annual accounts
raises risk · Size: total assets €29,759
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €20,651 (69.4% of total assets)
NBB · annual accounts
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 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
9 days early
2024
8 days late
2023
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €22,798
  3. Liquidity more than 23 timescurrent ratio 3.27

Financials · financial year 2025, micro format

Equity
€20,651
2024 · -€2,148
Total assets
€29,759▲ 8,587%
2024 · €343
Net result
€22,798
2024 · -€1,908
Working capital
€20,651
2024 · -€2,148
Trend over the years

2023 to 2025, 3 financial years

The operating result returns to profit in 2025: €27,821 after a loss of €1,778 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,821 2025 Net result€22,798 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€1,654--€1,778▼ 7.5%€27,821
Net result-€1,740within the sector's middle half--€1,908within the sector's middle half▼ 9.7%€22,798within the sector's middle half
Equity-€240below the sector's middle half--€2,148below the sector's middle half▼ 796%€20,651within the sector's middle half
Total assets€21below the sector's middle half-€343below the sector's middle half▲ 1,542%€29,759below the sector's middle half▲ 8,587%
Debt€261-€2,490▲ 855%€9,108▲ 266%
Working capital-€240within the sector's middle half--€2,148within the sector's middle half▼ 796%€20,651within the sector's middle half
Solvency69.4%within the sector's middle half
Current ratio3.27within the sector's middle half
Return on assets (ROA)76.6%above the sector's middle half
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Equity and liabilities €29,759
Equity €20,651
Debt €9,108
Debt finances 30.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.44
ROE
110.4%
Debt ≤ 1 year
€9,108▲
2024 · €2,490
Income taxes
€4,888
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€343€29,759▲
Current assets29/58€343€29,759▲
Amounts receivable within one year40/41€338€5,489▲
Trade receivables40-€5,398
Other amounts receivable41€338€92▼
Cash at bank and in hand54/58€5€24,269▲
Equity and liabilities
Total equity and liabilities10/49€343€29,759▲
Equity10/15-€2,148€20,651▲
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14-€3,648€19,151▲
Amounts payable17/49€2,490€9,108▲
Amounts payable within one year42/48€2,490€9,108▲
Trade debts44€105€2,249▲
Suppliers440/4€105€2,249▲
Taxes, remuneration and social security45-€4,888
Taxes450/3-€4,888
Other amounts payable47/48€2,385€1,971▼
Income statement Code20242025
Other operating charges640/8-€400
Gross operating margin9900-€1,778€28,221▲
Operating profit (loss)9901-€1,778€27,821▲
Financial charges65/66B€129€135▲
Recurring financial charges65€129€135▲
Profit (loss) for the period before taxes9903-€1,908€27,686▲
Income taxes67/77-€4,888
Profit (loss) for the period9904-€1,908€22,798▲
Profit (loss) for the period to be appropriated9905-€1,908€22,798▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,648€19,151▲
Profit (loss) brought forward from the previous period14P-€1,740-€3,648▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8--€400-
Gross operating margin9900-€1,654-€1,778€28,221-
Operating profit (loss)9901-€1,654-€1,778€27,821-
Financial charges65/66B€86€129€135▲ 4.2%
Recurring financial charges65€86€129€135▲ 4.2%
Profit (loss) for the period before taxes9903-€1,740-€1,908€27,686-
Income taxes67/77--€4,888-
Profit (loss) for the period9904-€1,740-€1,908€22,798-
Profit (loss) for the period to be appropriated9905-€1,740-€1,908€22,798-
Line202320242025Change
Assets
Total assets20/58€21€343€29,759▲ 8,587%
Current assets29/58€21€343€29,759▲ 8,587%
Amounts receivable within one year40/41-€338€5,489▲ 1,525%
Trade receivables40--€5,398-
Other amounts receivable41-€338€92▼ 72.8%
Cash at bank and in hand54/58€21€5€24,269▲ 520,699%
Equity and liabilities
Total equity and liabilities10/49€21€343€29,759▲ 8,587%
Equity10/15-€240-€2,148€20,651-
Contributions10/11€1,500€1,500€1,500=
Profit (loss) carried forward14-€1,740-€3,648€19,151-
Amounts payable17/49€261€2,490€9,108▲ 266%
Amounts payable within one year42/48€261€2,490€9,108▲ 266%
Trade debts44-€105€2,249▲ 2,042%
Suppliers440/4-€105€2,249▲ 2,042%
Taxes, remuneration and social security45--€4,888-
Taxes450/3--€4,888-
Other amounts payable47/48€261€2,385€1,971▼ 17.4%
Line202320242025Change
Profit (loss) for the period9904-€1,740-€1,908€22,798-
Operating cash flow (approximation)-€1,740-€1,908€22,798-
Change in cash--€16€24,265-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00322798
31-12-2024 micro format 08-08-2025 2025-00367875
31-12-2023 micro format 11-07-2024 2024-00240442

Similar companies · same sector, comparable size

Of the 1,063 active companies whose main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140), figures are known for 641. 348 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2024
Andreini Pierre
Director · since 01-04-2024
Current
Castronovo Diego
Director · since 01-04-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Andreini Pierre
  • Director, from 01-04-2024 to date
Castronovo Diego
  • Director, from 01-04-2024 to date
Andreini Guillaume
  • Director, until 31-03-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 28 June 2022, CAAN CONSTRUCT was incorporated as a private limited company.1 In 2024 the registered office moved to Tinlot.2 The company has filed 3 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-05-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €22,798
Net result €22,798 after 2 loss-making years.
31-12
Financial Liquidity more than 23 timescurrent ratio 3.27
Current ratio from 0.14 to 3.27.
08-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 8 days late
2024
31-12
Financial Weakest financial yearnet -€1,908
Net result drops to -€1,908, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
financial year 2023 · micro format
28-05
Gazette deed Appointments: Castronovo Diego (director) and Andreini Pierre (director)
Resignation: Andreini Guillaume (director) · Director discharge · Registered-office move6 facts ▸
  • General meeting, 31-03-2024
  • Director appointment, Castronovo Diego (director)
  • Director appointment, Andreini Pierre (director)
  • Director resignation, Andreini Guillaume (director)
  • Director discharge, Andreini Guillaume
  • Registered-office move, Grand'Route de l'Etat 14 à 4557 Tinlot
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded28-06-2022
Financial year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
41001General construction of residential buildings
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787742245
Registered 31-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0787.742.245

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Tinlot · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
441 m²
Building footprint
168 m²
Parcel 61055B0222/00_000, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DistriVision
Grand route de l'Etat 14, 4557 TinlotGeneral construction of residential buildings
since 2024unit no. 2.358.926.370
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
61055B0222/00_000 Wallonia 441 m² 1 · 168 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.