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CANAL FIELDS

Active Public limited companyfounded 2023active for 3 yearsWolstraat 35, 2200 HerentalsKBO/BCE: BE 0804.600.548

Lifetime

2 annual accounts with figures on one time axis
peak €42,514 (2024)
€14,119▼ 66.8%
peak €40,909 (2024)
€15,240▼ 62.7%
peak €611,003 (2025)
€611,003▲ 2.6%
€37,708▲ 680%
Board1 name since 2023
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Gross margin from €42,514 to €14,119Result from €40,909 to €15,240Debts from €4,835 to €37,708Cash from €12 to €22,600

Key points

from the 2025 annual accounts

Turnover

≈ €100,000 estimated

The abbreviated format states no turnover.

Liquidity

2.49 was 9.46 in 2024

Short-term debts rose from €4,835 to €37,708.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 501 companies had the same profile as CANAL FIELDS has now. Each dot stands for 2 companies, two years later.

96.2%
were still trading
3.0%
stopped another way
0.6%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 501 companies, not a prediction for CANAL FIELDS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, , since 28-07-2023
  • score equity €5.1m (2025) · annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0804600548
Incorporation Founding capital of €291,812.18, 100 shares · Founder: · Appointments: (managing director) and (sole director) · published on 17-08-2023 · Gazette deed
First establishment Wolstraat 35, Herentals
All 5 events

Official details

Source: KBO
Status
Active since 07-08-2023Normal situation
Activity
“Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
Establishment unit
2.351.030.5702200 Herentals, since 07-08-2023
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€648,712▲ 8.0%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on CANAL FIELDS

CANAL FIELDS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €611,003 and a net result of €15,240.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CANAL FIELDS

What is the company number of CANAL FIELDS?
The company number of CANAL FIELDS is 0804.600.548. The VAT number is the same number with BE in front: BE 0804.600.548.
Where is CANAL FIELDS based?
The registered office is at Wolstraat 35, 2200 Herentals.Company details
What is the legal form of CANAL FIELDS?
CANAL FIELDS is a public limited company (NV).
When was CANAL FIELDS founded?
CANAL FIELDS was founded on 07-08-2023.
Is CANAL FIELDS still active?
Yes, CANAL FIELDS is an active enterprise in the KBO register.
What is the turnover of CANAL FIELDS?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €14,119 and 1,933 comparable companies of the same size. It probably lies between €40,000 and €260,000. It is a rough estimate.Financials
Is CANAL FIELDS profitable?
In financial year 2025, CANAL FIELDS made a profit of €15,240.
Where can I find the annual accounts of CANAL FIELDS?
CANAL FIELDS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CANAL FIELDS due?
CANAL FIELDS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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