Financials
- Fiscal year
- 2024
- Total assets
- €2.5m
- Profit
- €212,458
- Solvency
- 57.4%
Total assets▲ 1.2%
Net result
20182024
CANDAN
ActiveSummary
CANDAN has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.4m and a net result of €212,458. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 6545 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47113NACE 52113
#7 employer in Schaarbeek, Wholesale and retail trade sector1 site
Size
€2.5mtotal assets 2024
- Staff
- 27 FTE
- Equity
- €1.4m
- Profit
- €212,458
Structure
Accounts 63 d overdue0 of 3 deeds read
Why 67- Figures for FY 2024 (filed 09-06-2025)+ Founded in 1987+ Profit of €212,458 (FY 2024)+ Equity €1.4m (57.4% of total assets)Show the evidence
Checked score
Score 2024
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 71% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
82+7
equity 57.4% of total assets
Liquidity
47+2
short-term debt 15.7% · cash 0.3%
Profitability
79+3
return on assets 8.4%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 0.2%lowest value
10-2025: 0.2%● 0.0% vs 09-2025lowest value
11-2025: 0.2%● 0.0% vs 10-2025lowest value
12-2025: 0.2%● 0.0% vs 11-2025lowest value
01-2026: 0.2%● 0.0% vs 12-2025lowest value
02-2026: 0.2%● 0.0% vs 01-2026lowest value
03-2026: 0.2%▲ +19.3% vs 02-2026
04-2026: 0.2%▲ +2.1% vs 03-2026
05-2026: 0.3%▲ +3.3% vs 04-2026
06-2026: 0.3%▲ +1.2% vs 05-2026
07-2026: 0.3%▼ -0.4% vs 06-2026
08-2026: 0.6%▲ +120% vs 07-2026
09-2026: 0.7%▲ +24.0% vs 08-2026
10-2026: 1.1%▲ +57.1% vs 09-2026highest value
- Figures for FY 2024 (filed 09-06-2025) raises the probability
- Founded in 1987 lowers the probability for this profile
- Profit of €212,458 (FY 2024) lowers the probability
- Equity €1.4m (57.4% of total assets) lowers the probability
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 3.21 against 2.81 in 2023; short-term debt: 15.7% and cash: 0.3% of total assets), and 42.6% 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 47, small). Better than this share of them on solvency 78%, liquidity 56%, profitability 77%, growth against the median 75%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-06-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d early
2023
57 d early
2022
114 d early
2021
66 d early
2020
89 d early
2019
81 d early
← 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 77 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Highest result since 2018net €212,458 ▲53.5%
- Annual accounts filedfiscal year 2023 · full…
Key points
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Positive: Employer in Schaarbeek, Wholesale and retail trade sectorin the Checked rankings #7 View
- Positive: Result rose in 2024from €138,383 to €212,458 ▲ 53.5% View
- Positive: 7 profitable years in a rowprofit 2024: €212,458 7 years View
By topic
Timeline
- Events
- 12
- Since
- 2016
- 08-06-2025Annual accounts filed
- 31-12-2024Highest result since 2018
- 04-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 30-03-1987
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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