Skip to content

CAN

Active
Private limited companyfounded 20197 yrs activeWestkade 23, 9060 Zelzate, BelgiumKBO/BCE: BE 0731.750.182
Summary

The computed 12-month bankruptcy probability of CAN is 2.1% (moderate). The 2025 annual accounts show equity of €103,694 and a net result of -€21,123. Equity is growing by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 33994 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
CANActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€275,151total assets 2025
Staff
3 FTE
Equity
€103,694
Loss
-€21,123
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy chance 12 m
2.1%
Structure
Accounts filed 31 d late0 of 1 deed read
Why 52- Latest accounts 31 days late; 1 of the last 3 late- Sector Specialised construction activities (NACE 43)- Founded in 2019- Loss of €21,123 (FY 2025)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 63-15
equity 37.7% of total assets
Liquidity 24-3
short-term debt 62.3% · cash 5.3%
Profitability 17-33
return on assets -7.7%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● 0.0% vs 11-2024 01-2025: 1.4%▼ -0.1% vs 12-2024 02-2025: 1.5%▲ +2.4% vs 01-2025 03-2025: 1.5%● 0.0% vs 02-2025 04-2025: 1.5%▲ +3.8% vs 03-2025 05-2025: 1.5%▲ +0.5% vs 04-2025 06-2025: 1.5%▲ +0.3% vs 05-2025 07-2025: 1.5%▼ -0.5% vs 06-2025 08-2025: 1.5%● 0.0% vs 07-2025 09-2025: 1.5%● 0.0% vs 08-2025 10-2025: 1.5%● 0.0% vs 09-2025 11-2025: 1.3%▼ -12.5% vs 10-2025 12-2025: 1.3%● 0.0% vs 11-2025 01-2026: 1.3%▼ -1.1% vs 12-2025lowest value 02-2026: 1.3%● 0.0% vs 01-2026lowest value 03-2026: 1.3%● 0.0% vs 02-2026lowest value 04-2026: 1.4%▲ +5.6% vs 03-2026 05-2026: 1.4%▼ -1.0% vs 04-2026 06-2026: 1.3%▼ -3.5% vs 05-2026 07-2026: 1.4%▲ +4.4% vs 06-2026 08-2026: 2.0%▲ +42.6% vs 07-2026 09-2026: 2.1%▲ +8.9% vs 08-2026highest value 10-2026: 2.1%● 0.0% vs 09-2026highest value
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Founded in 2019 raises the probability for this profile
  • Loss of €21,123 (FY 2025) raises the probability
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.76 in 2024; short-term debt: 62.3% and cash: 5.3% of total assets), and 62.3% 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 43, micro). Better than this share of them on solvency 40%, liquidity 14%, profitability 13%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Founded in 2019
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Loss of €21,123 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
31 d late
2024
38 d early
2023
35 d early
2022
62 d early
2021
18 d late
2020
23 d late
← 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 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€21,123
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 7% on net resultsector median €10,145 · 33,982 companies -€21,123 View
  • Total assets 20256 fiscal years filed €275,151 View
  • Active since 2019founded 31-07-2019 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€275,151
Loss
-€21,123
Solvency
37.7%
Total assets▲ 15.9%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 23-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
31-07-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure