CANELL
ActiveCANELL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €31k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy▼ -27 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency28▼-72
Growth58▲+6
Stability94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 3.4 in 2024), and 80.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
19.2%
Return on assets
42.6%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 16935 sector peers (2025).
NBB · sector comparisonPosition among 16935 sector peers
Solvency
better than 20%
← weakest
strongest →
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 26-03-2026, 127 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
127 d early
2024
139 d early
2023
44 d early
2022
on the day
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 73.1%
2024 · €53k
2022: €25k
2023: €37k
2024: €53k
2022 → 2025
Total assets
€74k▲ 2.0%
2024 · €72k
2022: €41k
2023: €57k
2024: €72k
2022 → 2025
Net result
€31k▲ 102%
2024 · €16k
2022: €20k
2023: €12k
2024: €16k
2022 → 2025
Working capital
€11k▼ 76.5%
2024 · €47k
2022: €19k
2023: €29k
2024: €47k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€37k▲ 47.4%€53k▲ 42.0%€14k▼ 73.1%
Operating result€26k-€17k▼ 31.9%€23k▲ 31.0%€42k▲ 85.3%
Net result€20k-€12k▼ 40.9%€16k▲ 30.7%€31k▲ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 85% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€3k▼ 43.5%
Current assets
€71k▲ 5.7%
Equity and liabilities €74k
Equity
€14k▼ 73.1%
Debt
€60k▲ 203%
The debt ratio rises from 27.2% to 80.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€45k▲
2024 · €28k
Cash flow
€34k▲
2024 · €20k
Solvency
19.2%▼
2024 · 72.8%
Current ratio
1.19▼
2024 · 3.40
Quick ratio
1.19▼
2024 · 3.40
Debt / equity
4.20▲
2024 · 0.37
ROE
221.5%▲
2024 · 29.6%
ROA
42.6%▲
2024 · 21.5%
Interest coverage
27.42▲
2024 · 16.75
Debt
€60k▲
2024 · €20k
Debt ≤ 1 year
€60k▲
2024 · €20k
Income taxes
€10k▲
2024 · €6k
Staff costs
€44k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€72k€74k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€122-
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€600€600=
Current assets29/58€67k€71k▲
Amounts receivable within one year40/41€23k€23k▲
Trade receivables40€20k€18k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€40k€43k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€72k€74k▲
Equity10/15€53k€14k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€48k€9k▼
Amounts payable17/49€20k€60k▲
Amounts payable within one year42/48€20k€60k▲
Current portion of amounts payable after more than one year42€2k€1k▼
Financial debts43€1k€599▼
Credit institutions430/8€1k€599▼
Trade debts44€1k€714▼
Suppliers440/4€1k€714▼
Taxes, remuneration and social security45€15k€17k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48-€40k
Income statement
Code20242025
Remuneration, social security and pensions62€52k€44k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€868€641▼
Gross operating margin9900€80k€90k▲
Operating profit (loss)9901€23k€42k▲
Financial income75/76B€118€278▲
Recurring financial income75€118€278▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€21k€41k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€16k€31k▲
Profit (loss) for the period to be appropriated9905€16k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€79k▲
Profit (loss) brought forward from the previous period14P€32k€48k▲
Profit to be distributed694/7-€70k
Return on contributions (dividend)694-€70k
The notes to these accounts (7 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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €31k ▲102%
Operating result €42k, net result €31k, both a record.
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €12k ▼40.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Rixensart · 2 establishment units since 2021
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.
Avenue de l'Avenir 71330 RixensartGround area
2,380 m²
Building footprint
639 m²
Volume, LiDAR
4,224 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CANELL
since 20212.327.006.541
Avenue du Commerce 50, 1420 Braine-l'Alleud
since 20222.333.919.968
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N0024/00M003 | Wallonia | 1,890 m² | 1 · 591 m² | 7.6 m · 2 fl. |
| 25091A0672/00D000 | Wallonia | 489 m² | 1 · 47 m² | 7.0 m · 1 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
Tracee
BE 1022.484.126
Gent · Eq €14k
JHDev
BE 0687.857.880
Lontzen · Eq €14k
ANSWARE
BE 0446.868.409
Ternat · Eq €14k
IDIOM Translations
BE 0424.752.607
Tielt-Winge · Eq €14k
DVLPIT
BE 0789.753.709
Zoersel · Eq €14k
Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 5,119 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.