CANAR DEVELOPMENT
ActiveSummary
The computed 12-month bankruptcy probability of CANAR DEVELOPMENT is 1.8% (moderate). The 2025 annual accounts show equity of €1.0m and a net result of €670. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability38=
Solvency42=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 83.5% and cash: 0% of total assets), and 83.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
16.5%
Return on assets
0%
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 07-07-2026, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
24 d early
2024
23 d early
2023
26 d early
2022
32 d early
2021
26 d early
2020
31 d late
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.0m▲ 0.1%
2024 · €1.0m
Total assets
€6.1m=
2024 · €6.1m
Net result
€670▼ 27.4%
2024 · €923
Working capital
-€5.0m=
2024 · -€5.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,358▼ 18.3%-€2,699▼ 14.5%-€4,568▼ 69.3%-€2,672▲ 41.5%-€2,864▼ 7.2%
Net result-€2,396▼ 12.0%€3,783-€992€923€670▼ 27.4%
Equity€1.0m▼ 0.2%€1.0m▲ 0.4%€1.0m▼ 0.1%€1.0m▲ 0.1%€1.0m▲ 0.1%
Total assets€6.1m=€6.1m▲ 0.1%€6.1m=€6.1m▲ 0.1%€6.1m=
Debt€5.1m=€5.1m=€5.1m=€5.1m▲ 0.1%€5.1m=
Working capital-€5.0m=-€5.0m▲ 0.1%-€5.0m=-€5.0m=-€5.0m=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,864 in 2025 against €2,672 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.1m
Fixed assets
€6.0m =
Current assets
€114,893 ▲ 1.4%
Equity and liabilities €6.1m
Equity
€1.0m ▲ 0.1%
Debt
€5.1m =
Debt's share of the balance-sheet total stays at 83.5%.
Key figures and ratios
Current ratio
0.02▲
2024 · 0.02
Debt to equity
5.04=
2024 · 5.05
ROE
0.1%▼
2024 · 0.1%
ROA
0.0%▼
2024 · 0.0%
Debt ≤ 1 year
€5.1m=
2024 · €5.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,052 | €1,056 | €1,683 | €1,179 | €1,418 | ▲ 20.3% |
| Gross operating margin9900 | -€1,306 | -€1,643 | -€2,885 | -€1,493 | -€1,446 | ▲ 3.2% |
| Operating profit (loss)9901 | -€2,358 | -€2,699 | -€4,568 | -€2,672 | -€2,864 | ▼ 7.2% |
| Financial income75/76B | - | €6,763 | €3,860 | €3,871 | €3,860 | ▼ 0.3% |
| Recurring financial income75 | - | €6,763 | €3,860 | €3,871 | €3,860 | ▼ 0.3% |
| Financial charges65/66B | €37 | €281 | €283 | €276 | €326 | ▲ 18.0% |
| Recurring financial charges65 | €37 | €281 | €283 | €276 | €326 | ▲ 18.0% |
| Profit (loss) for the period before taxes9903 | -€2,396 | €3,783 | -€992 | €923 | €670 | ▼ 27.4% |
| Profit (loss) for the period9904 | -€2,396 | €3,783 | -€992 | €923 | €670 | ▼ 27.4% |
| Profit (loss) for the period to be appropriated9905 | -€2,396 | €3,783 | -€992 | €923 | €670 | ▼ 27.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Fixed assets21/28 | €6.0m | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Financial fixed assets28 | €6.0m | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Current assets29/58 | €103,510 | €107,293 | €107,262 | €113,350 | €114,893 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €96,500 | €103,263 | €107,123 | €110,994 | €114,854 | ▲ 3.5% |
| Other amounts receivable41 | €96,500 | €103,263 | €107,123 | €110,994 | €114,854 | ▲ 3.5% |
| Cash at bank and in hand54/58 | €7,010 | €4,030 | €139 | €2,357 | €40 | ▼ 98.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Equity10/15 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 0.1% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€12,549 | -€8,766 | -€9,758 | -€8,835 | -€8,165 | ▲ 7.6% |
| Amounts payable17/49 | €5.1m | €5.1m | €5.1m | €5.1m | €5.1m | = |
| Amounts payable within one year42/48 | €5.1m | €5.1m | €5.1m | €5.1m | €5.1m | = |
| Trade debts44 | €0 | - | €960 | €126 | €998 | ▲ 692% |
| Suppliers440/4 | €0 | - | €960 | €126 | €998 | ▲ 692% |
| Other amounts payable47/48 | €5.1m | €5.1m | €5.1m | €5.1m | €5.1m | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,396 | €3,783 | -€992 | €923 | €670 | ▼ 27.4% |
| Operating cash flow (approximation) | -€2,396 | €3,783 | -€992 | €923 | €670 | ▼ 27.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,980 | -€3,891 | €2,218 | -€2,317 | ▼ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €923
Net result €923 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €3,783
Net result €3,783 after 3 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
3 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, Roeselare · 1 establishment unit since 2018
Ground area
1,191 m²
Building footprint
59 m²
Volume, LiDAR
145 m³
Parcel 36302B1339/00R002, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
29
companies at this address
See who is registered here
1 establishment unit
CANAR DEVELOPMENT
since 20182.282.384.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B1339/00R002 | Flanders | 1,191 m² | 1 · 59 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
5 owners · 1 holdingOwners 5
-
40%
-
40%
- Sourceaccounts PERUNA 202540%
-
10%
-
10%
Holdings 1
-
50%
According to the 2025 annual accounts of CANAR DEVELOPMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded16-11-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713626624
Also
9925:BE0713626624
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.