CANAL OOST
ActiveSummary
CANAL OOST has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,704 and a net result of -€23,252. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 46% of 4,798 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
Source: KBO- Status
- Active since 06-09-1985 Normal situation
- Activity
- Full-service restaurants NACE 56111and 4 others
- Establishment units
- 2.028.364.129 8400 Oostende, since 14-11-1963
- 2.331.908.407 8400 Oostende, since 01-07-2022and 1 other
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Board and ownership
- MEERT DavidDirector
- VAN CAUTER LaurenceDirector
- David Meert50%annual accounts 30-09-2017
- Laurence Van Cauter50%annual accounts 30-09-2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €1.8m
- ▼ 0.5%
- Turnover
- ≈ €3.1m
- estimated
- Loss
- €23,252
- Equity
- €225,704
- ▼ 9.3%
- Total assets
- €875,720
- ▲ 13.6%
- Employees on 30-09-2025
- 25
- ▼ 16.7%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: 31.1 FTE, total assets €875,720lowers riskLiquidity: current ratio 0.90, cash €189,646Founded in 1985Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 56, small). It does better than 46% of them on solvency, 37% on liquidity, 34% on profitability and 30% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €117,655 in 2024 -€23,252 View
- Caution: Lower net result than 85% of companies in food and beverage servicesector median €10,387 · 4,793 companies -€23,252 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Changes of role: MEERT David (director) and VAN CAUTER Laurence (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as CANAL OOST: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €717,000 and €1.1m, founded between 1983 and 1997.
| Company | Total assets | Gross margin |
|---|---|---|
| CANAL OOST Oostende | €0.9m | €1.8m |
| l’Apéro Oostende Oostende | €0.7m | €1.3m |
| BOUILLON DE CULTURES Schaarbeek | €1.1m | €1.9m |
| DE MARKT Hasselt | €1.0m | €1.7m |
| DIPRO Antwerpen | €1.1m | €2.5m |
| RECYCLART Sint-Jans-Molenbeek | €0.9m | €1.8m |
| ERDECEE Maldegem | €0.7m | €1.8m |
Key facts about CANAL OOST
- What is the company number of CANAL OOST?
- The company number of CANAL OOST is 0427.798.110. The VAT number is the same number with BE in front: BE 0427.798.110.
- Where is CANAL OOST based?
- The registered office is at Hendrik Serruyslaan 18, 8400 Oostende.Company details
- What does CANAL OOST do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of CANAL OOST?
- The legal form of CANAL OOST is Private limited company (BV).
- When was CANAL OOST founded?
- CANAL OOST was founded on 06-09-1985.
- Is CANAL OOST still active?
- Yes, CANAL OOST is an active enterprise in the KBO register.
- How many employees does CANAL OOST have?
- CANAL OOST had an average of 31.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CANAL OOST?
- The turnover in financial year 2025 is ≈ €3.1m. This figure is estimated from the gross margin of €1.8m and 1,584 comparable companies of the same size. It probably lies between €2.1m and €5.0m. It is a rough estimate.
- Is CANAL OOST profitable?
- In financial year 2025, CANAL OOST made a loss of €23,252.
- Where can I find the annual accounts of CANAL OOST?
- CANAL OOST filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CANAL OOST due?
- CANAL OOST must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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