CANALE
ActiveSummary
CANALE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624k and a net result of €183k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency96▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.01 in 2024; short-term debt: 12.9% and cash: 9.9% of total assets), and 28.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.3%
Return on assets
20.9%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
50 d early
2024
36 d early
2023
21 d early
2022
28 d early
2021
5 d early
2020
8 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€624k▲ 34.7%
2024 · €463k
2018: €66k
2019: €84k
2020: €106k
2021: €182k
2022: €257k
2023: €270k
2024: €463k
2018 → 2025
Total assets
€876k▲ 22.3%
2024 · €717k
2018: €233k
2019: €271k
2020: €249k
2021: €464k
2022: €487k
2023: €614k
2024: €717k
2018 → 2025
Net result
€183k▼ 45.4%
2024 · €334k
2018: €11k
2019: €12k
2020: €41k
2021: €76k
2022: €90k
2023: €210k
2024: €334k
2018 → 2025
Working capital
€209k▲ 34.8%
2024 · €155k
2018: €-17k
2019: €-5k
2020: €9k
2021: €67k
2022: €40k
2023: €35k
2024: €155k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€182k-€257k▲ 41.7%€270k▲ 4.8%€463k▲ 71.9%€624k▲ 34.7%
Operating result€115k-€138k▲ 19.4%€286k▲ 108%€387k▲ 35.1%€201k▼ 48.0%
Net result€76k-€90k▲ 19.7%€210k▲ 132%€334k▲ 59.0%€183k▼ 45.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €876k
Fixed assets
€554k ▲ 35.7%
Current assets
€322k ▲ 4.5%
Equity and liabilities €876k
Equity
€624k ▲ 34.7%
Debt
€252k ▼ 0.6%
Debt's share of the balance-sheet total falls from 35.3% to 28.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€222k▼
2024 · €392k
Cash flow
€203k▼
2024 · €340k
Current ratio
2.85▲
2024 · 2.01
Debt to equity
0.40▼
2024 · 0.55
ROE
29.3%▼
2024 · 72.1%
ROA
20.9%▼
2024 · 46.6%
Interest coverage
25.85▼
2024 · 72.84
Debt ≤ 1 year
€113k▼
2024 · €153k
Debt > 1 year
€139k▲
2024 · €100k
Income taxes
€49k▼
2024 · €88k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€717k€876k▲
Fixed assets21/28€409k€554k▲
Tangible fixed assets22/27€400k€546k▲
Land and buildings22€239k€395k▲
Furniture and vehicles24€32k€22k▼
Other tangible fixed assets26€129k€129k=
Financial fixed assets28€9k€9k=
Current assets29/58€308k€322k▲
Amounts receivable within one year40/41€114k€116k▲
Other amounts receivable41€114k€116k▲
Current investments50/53€65k€119k▲
Cash at bank and in hand54/58€127k€86k▼
Deferred charges and accrued income490/1€1k€984▼
Equity and liabilities
Total equity and liabilities10/49€717k€876k▲
Equity10/15€463k€624k▲
Contributions10/11€19k€19k=
Reserves13€445k€606k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€443k€604k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€253k€252k▼
Amounts payable after more than one year17€100k€139k▲
Financial debts170/4€100k€139k▲
Amounts payable within one year42/48€153k€113k▼
Current portion of amounts payable after more than one year42€39k€90k▲
Financial debts43€286€4k▲
Credit institutions430/8€286€4k▲
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Taxes, remuneration and social security45€28k€1k▼
Taxes450/3€28k€1k▼
Other amounts payable47/48€79k€16k▼
Accrued charges and deferred income492/3€0€42▲
Income statement
Code20242025
Non-recurring operating income76A€12k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€21k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€395k€226k▼
Operating profit (loss)9901€387k€201k▼
Financial income75/76B€40k€39k▼
Recurring financial income75€40k€39k▼
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€422k€231k▼
Income taxes67/77€88k€49k▼
Profit (loss) for the period9904€334k€183k▼
Profit (loss) for the period to be appropriated9905€334k€183k▼
Appropriation of the result
Profit (loss) to be appropriated9906€334k€183k▼
Transfer from equity791/2€60k€22k▼
Transfer to equity691/2€254k€183k▼
To other reserves6921€254k€183k▼
Profit to be distributed694/7€140k€22k▼
Return on contributions (dividend)694€140k€22k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €624k ▲34.7%
8 profitable years in a row build equity to €624k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €334k ▲59%
Operating result €387k, net result €334k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €257k ▲41.7%
5 profitable years in a row build equity to €257k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.21 to 2.60; short-term debt falls from €43k to €42k.
31-12
Financial
Equity above €150kEq €182k ▲71.2%
4 profitable years in a row build equity to €182k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €106k ▲25.8%
3 profitable years in a row build equity to €106k.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kapellen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koningin Astridlaan 61/22950 KapellenGround area
3.0 ha
Building footprint
1,581 m²
Volume, LiDAR
24,534 m³
2 parcels, Flanders · tallest building 30.0 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
CANALE
since 20152.247.304.809
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0436/00X002 | Flanders | 3.0 ha | 1 · 1,266 m² | 16.8 m · 5 fl. |
| 11810K1543/00C043 | Flanders | 722 m² | 1 · 316 m² | 30.0 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
INVEST LIONS
BE 1008.925.704
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AOA CONSULTING
BE 0899.777.839
Brussel · Eq €624,398
Belinus Solar
BE 0704.818.826
Genk · Eq €624,472
IQUESS CONSULTING
BE 0861.760.272
Zwevegem · Eq €624,537
CARNOTINVEST
BE 0811.625.130
Merelbeke-Melle · Eq €624,544
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 32,710 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.