Canette
ActiveSummary
Canette has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €70,201. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 4188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 9.39 against 9.03 in 2024; short-term debt: 4.6% and cash: 10.2% of total assets), and 4.6% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
95.4%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
13 d early
2023
16 d early
2022
14 d late
2021
23 d late
2020
1 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70,201▲ 15.6%
2024 · €60,709
Working capital
€822,569▲ 22.7%
2024 · €670,490
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€148,492▲ 15.6%€122,069▼ 17.8%€202,603▲ 66.0%€78,633▼ 61.2%€91,668▲ 16.6%
Net result€116,211▲ 15.8%€81,495▼ 29.9%€136,338▲ 67.3%€60,709▼ 55.5%€70,201▲ 15.6%
Equity€1.7m▲ 6.9%€1.8m▲ 4.5%€1.9m▲ 7.4%€2.0m▲ 3.2%€2.0m▲ 3.2%
Total assets€2.3m▲ 0.4%€2.3m▼ 0.7%€2.1m▼ 5.7%€2.1m▼ 3.1%€2.1m▲ 3.8%
Debt€564,549▼ 15.1%€472,134▼ 16.4%€211,351▼ 55.2%€83,484▼ 60.5%€98,032▲ 17.4%
Working capital€142,970€333,302▲ 133%€578,980▲ 73.7%€670,490▲ 15.8%€822,569▲ 22.7%
Staff (FTE)1▲ 42.9%11=1=
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€1.2m ▼ 6.7%
Current assets
€920,602 ▲ 22.1%
Equity and liabilities €2.1m
Equity
€2.0m ▲ 3.2%
Debt
€98,032 ▲ 17.4%
Debt's share of the balance-sheet total rises from 4.0% to 4.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€191,833▲
2024 · €190,364
Cash flow
€170,366▼
2024 · €172,440
Current ratio
9.39▲
2024 · 9.03
Quick ratio
4.34▲
2024 · 4.05
Debt to equity
0.05▲
2024 · 0.04
ROE
3.4%▲
2024 · 3.1%
ROA
3.3%▲
2024 · 2.9%
Interest coverage
392.73▲
2024 · 359.67
Debt ≤ 1 year
€98,032▲
2024 · €83,484
Income taxes
€31,392▲
2024 · €26,092
Staff costs
€28,621▲
2024 · €25,939
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6,084 | €29,545 | €22,229 | €25,939 | €28,621 | ▲ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €138,286 | €115,934 | €104,457 | €111,731 | €100,164 | ▼ 10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €86,340 | - | - | - | - |
| Other operating charges640/8 | €4,636 | €5,977 | €3,212 | €4,372 | €1,751 | ▼ 59.9% |
| Gross operating margin9900 | €297,498 | €359,865 | €332,501 | €220,675 | €222,205 | ▲ 0.7% |
| Operating profit (loss)9901 | €148,492 | €122,069 | €202,603 | €78,633 | €91,668 | ▲ 16.6% |
| Financial income75/76B | €22,457 | €4,775 | €4,431 | €8,697 | €10,413 | ▲ 19.7% |
| Recurring financial income75 | €10,457 | €4,775 | €4,431 | €6,865 | €10,413 | ▲ 51.7% |
| Non-recurring financial income76B | €12,000 | - | - | €1,832 | - | - |
| Financial charges65/66B | €6,246 | €7,385 | €4,408 | €529 | €488 | ▼ 7.7% |
| Recurring financial charges65 | €6,246 | €7,385 | €4,408 | €529 | €488 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €164,703 | €119,459 | €202,626 | €86,801 | €101,593 | ▲ 17.0% |
| Income taxes67/77 | €48,492 | €37,964 | €66,289 | €26,092 | €31,392 | ▲ 20.3% |
| Profit (loss) for the period9904 | €116,211 | €81,495 | €136,338 | €60,709 | €70,201 | ▲ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €116,211 | €81,495 | €136,338 | €60,709 | €70,201 | ▲ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €2.3m | €2.1m | €2.1m | €2.1m | ▲ 3.8% |
| Fixed assets21/28 | €1.6m | €1.5m | €1.4m | €1.3m | €1.2m | ▼ 6.7% |
| Intangible fixed assets21 | €2,138 | €576 | - | - | - | - |
| Tangible fixed assets22/27 | €1.6m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 6.7% |
| Land and buildings22 | €1.3m | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 3.6% |
| Plant, machinery and equipment23 | €165,277 | €130,859 | €96,048 | €65,889 | €48,308 | ▼ 26.7% |
| Furniture and vehicles24 | €103,772 | €68,682 | €46,996 | €74,225 | €46,420 | ▼ 37.5% |
| Financial fixed assets28 | €16,184 | €16,184 | €16,684 | €16,684 | €16,684 | = |
| Current assets29/58 | €707,519 | €805,436 | €775,331 | €753,974 | €920,602 | ▲ 22.1% |
| Stocks and contracts in progress3 | €201,455 | €297,133 | €359,826 | €416,113 | €495,475 | ▲ 19.1% |
| Stocks30/36 | €201,455 | €297,133 | €359,826 | €416,113 | €495,475 | ▲ 19.1% |
| Amounts receivable within one year40/41 | €248,724 | €237,475 | €380,935 | €214,222 | €194,454 | ▼ 9.2% |
| Trade receivables40 | €248,724 | €215,438 | €358,898 | €191,496 | €168,120 | ▼ 12.2% |
| Other amounts receivable41 | - | €22,036 | €22,036 | €22,726 | €26,334 | ▲ 15.9% |
| Current investments50/53 | €12,009 | €12,009 | €5,309 | €5,314 | €5,314 | = |
| Cash at bank and in hand54/58 | €239,233 | €241,232 | €29,261 | €112,325 | €219,358 | ▲ 95.3% |
| Deferred charges and accrued income490/1 | €6,098 | €17,587 | - | €6,000 | €6,000 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €2.3m | €2.1m | €2.1m | €2.1m | ▲ 3.8% |
| Equity10/15 | €1.7m | €1.8m | €1.9m | €2.0m | €2.0m | ▲ 3.2% |
| Contributions10/11 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Capital10 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Issued capital100 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Reserves13 | €1.5m | €1.6m | €1.7m | €1.8m | €1.9m | ▲ 3.9% |
| Non-distributable reserves130/1 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Legal reserve130 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Distributable reserves133 | €1.5m | €1.6m | €1.7m | €1.8m | €1.9m | ▲ 3.9% |
| Investment grants15 | €139,965 | €135,534 | €131,103 | €131,776 | €126,069 | ▼ 4.3% |
| Amounts payable17/49 | €564,549 | €472,134 | €211,351 | €83,484 | €98,032 | ▲ 17.4% |
| Amounts payable within one year42/48 | €564,549 | €472,134 | €196,351 | €83,484 | €98,032 | ▲ 17.4% |
| Financial debts43 | €433,334 | €333,334 | - | - | - | - |
| Credit institutions430/8 | €433,334 | €333,334 | - | - | - | - |
| Trade debts44 | €73,764 | €76,764 | €101,458 | €27,307 | €44,756 | ▲ 63.9% |
| Suppliers440/4 | €73,764 | €76,764 | €101,458 | €27,307 | €44,756 | ▲ 63.9% |
| Taxes, remuneration and social security45 | €43,901 | €49,856 | €84,292 | €46,164 | €41,286 | ▼ 10.6% |
| Taxes450/3 | €36,377 | €39,554 | €73,435 | €34,160 | €35,683 | ▲ 4.5% |
| Remuneration and social security454/9 | €7,523 | €10,302 | €10,857 | €12,004 | €5,603 | ▼ 53.3% |
| Other amounts payable47/48 | €13,550 | €12,180 | €10,601 | €10,012 | €11,991 | ▲ 19.8% |
| Accrued charges and deferred income492/3 | - | - | €15,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €116,211 | €81,495 | €136,338 | €60,709 | €70,201 | ▲ 15.6% |
| + Depreciation and write-downs630 | €138,286 | €115,934 | €104,457 | €111,731 | €100,164 | ▼ 10.4% |
| Operating cash flow (approximation) | €254,497 | €197,429 | €240,794 | €172,440 | €170,366 | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | -€2,666 | -€5,685 | -€66,602 | -€12,580 | ▲ 81.1% |
| Change in cash | - | €1,999 | -€211,971 | €83,064 | €107,033 | ▲ 28.9% |
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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 17 days late
2025
31-12
Financial
Equity above €2mEq €2.0m ▲3.2%
8 profitable years in a row build equity to €2.0m.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €60,709 ▼55.5%
Net result drops to €60,709, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 9.03
Current ratio from 3.95 to 9.03; short-term debt falls from €196,351 to €83,484.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €136,338 ▲67.3%
Operating result €202,603, net result €136,338, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.95
Current ratio from 1.71 to 3.95; short-term debt falls from €472,134 to €196,351.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 14 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
Show earlier events
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 2 establishment units since 1991
Ground area
727 m²
Building footprint
713 m²
Volume, LiDAR
7,423 m³
Parcel 21812N0110/00L014, Brussels · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
CANETTE
since 19912.052.027.773
de Witte de Haelenstraat 18-20, 1000 Brussel
since 20182.274.689.887
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0110/00L014 | Brussels | 727 m² | 1 · 713 m² | 16.5 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrussel2.274.689.887
Brussel2.052.027.773
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Of 2,474 companies in sector 47279 we hold annual accounts for 949. 215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47279Other retail sale of food
47252Retail sale of beverages, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443333847
Registered
27-03-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.