Cannaert Holding
ActiveSummary
Cannaert Holding has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.6m and a net result of €151,933. Equity remains stable across the filed financial years (±1.8% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€5.6m▲ 2.8%
2024 · €5.4m
Total assets
€5.6m▲ 1.9%
2024 · €5.5m
Net result
€151,933▼ 29.7%
2024 · €216,215
Working capital
€1.0m▲ 9.8%
2024 · €920,140
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €2,829 in 2025 against €2,601 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.003m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5.6m
2025
Equity€5.6m
2025
Debt€0.04m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.0m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.004m--€0.003m▲ 21.7%-€0.002m▲ 32.5%-€0.002m▼ 2.2%-€0.005m▼ 124%-€0.004m▲ 19.7%-€0.003m▲ 29.6%-€0.003m▼ 8.7%
Net result€0.1m-€0.2m▲ 64.9%€0.2m▼ 9.7%€0.2m▲ 7.8%€0.008m▼ 96.2%€0.09m▲ 11×€0.2m▲ 132%€0.2m▼ 29.7%
Equity€4.8m-€5.0m▲ 4.6%€5.2m▲ 4.0%€5.4m▲ 4.1%€5.1m▼ 5.2%€5.2m▲ 1.8%€5.4m▲ 4.1%€5.6m▲ 2.8%
Total assets€5.0m-€5.0m▲ 0.5%€5.2m▲ 4.1%€5.4m▲ 4.6%€5.2m▼ 5.2%€5.4m▲ 5.5%€5.5m▲ 1.5%€5.6m▲ 1.9%
Debt€0.2m-€0.003m€0.03m▲ 720%€0.03m▼ 2.2%€0.2m▲ 756%€0.08m▼ 61.6%€0.04m▼ 54.8%
Working capital€0.4m-€0.6m€0.8m▲ 34.8%€0.5m▼ 34.1%€0.9m€1.0m▲ 9.8%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.6m
Fixed assets
€4.6m =
Current assets
€1.0m ▲ 11.3%
Equity and liabilities €5.6m
Equity
€5.6m ▲ 2.8%
Debt
€37,689 ▼ 54.8%
Debt's share of the balance-sheet total falls from 1.5% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
27.81▼
2024 · 42.99
Debt to equity
0.01▼
2024 · 0.02
ROE
2.7%▼
2024 · 4.0%
ROA
2.7%▼
2024 · 3.9%
Debt ≤ 1 year
€37,689▲
2024 · €21,915
Income taxes
€22,758▼
2024 · €25,115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €4,425 | - | - | €2,701 | - |
| Other operating charges640/8 | - | - | - | €171 | €172 | €175 | €156 | €128 | ▼ 17.9% |
| Gross operating margin9900 | -€3,582 | -€2,808 | -€1,839 | -€1,881 | -€4,425 | -€3,518 | -€2,445 | -€2,701 | ▼ 10.4% |
| Operating profit (loss)9901 | -€3,797 | -€2,975 | -€2,008 | -€2,052 | -€4,597 | -€3,693 | -€2,601 | -€2,829 | ▼ 8.7% |
| Financial income75/76B | - | - | - | €240,302 | €16,650 | €111,993 | €253,202 | €179,820 | ▼ 29.0% |
| Recurring financial income75 | €138,468 | €224,088 | €201,764 | €240,302 | €16,650 | €111,993 | €253,202 | €179,820 | ▼ 29.0% |
| Financial charges65/66B | - | - | - | €67 | €39 | €2,316 | €9,271 | €2,300 | ▼ 75.2% |
| Recurring financial charges65 | €585 | €26 | €30 | €67 | €39 | €2,316 | €9,271 | €2,300 | ▼ 75.2% |
| Profit (loss) for the period before taxes9903 | €134,086 | €221,088 | €199,726 | €238,182 | €12,015 | €105,984 | €241,330 | €174,692 | ▼ 27.6% |
| Income taxes67/77 | - | - | €53 | €22,868 | €3,844 | €12,621 | €25,115 | €22,758 | ▼ 9.4% |
| Profit (loss) for the period9904 | €134,086 | €221,088 | €199,673 | €215,314 | €8,171 | €93,363 | €216,215 | €151,933 | ▼ 29.7% |
| Profit (loss) for the period to be appropriated9905 | €134,086 | €221,088 | €199,673 | €215,314 | €8,171 | €93,363 | €216,215 | €151,933 | ▼ 29.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.0m | €5.0m | €5.2m | €5.4m | €5.2m | €5.4m | €5.5m | €5.6m | ▲ 1.9% |
| Fixed assets21/28 | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Financial fixed assets28 | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Current assets29/58 | €0.4m | €0.4m | €0.6m | €0.9m | €0.6m | €0.9m | €0.9m | €1.0m | ▲ 11.3% |
| Amounts receivable after more than one year29 | - | - | - | €0.6m | €0.4m | €0.8m | €0.9m | €1.0m | ▲ 2.8% |
| Other amounts receivable291 | - | - | - | €0.6m | €0.4m | €0.8m | €0.9m | €1.0m | ▲ 2.8% |
| Amounts receivable within one year40/41 | - | €0.02m | €0.02m | - | - | €0.007m | - | - | - |
| Other amounts receivable41 | - | - | - | - | - | €0.007m | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.008m | €0.001m | €0.3m | €0.1m | €0.004m | €0.002m | €0.08m | ▲ 45× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.0m | €5.0m | €5.2m | €5.4m | €5.2m | €5.4m | €5.5m | €5.6m | ▲ 1.9% |
| Equity10/15 | €4.8m | €5.0m | €5.2m | €5.4m | €5.1m | €5.2m | €5.4m | €5.6m | ▲ 2.8% |
| Contributions10/11 | €4.4m | €4.4m | - | €4.4m | €4.1m | €4.1m | €4.1m | €4.1m | = |
| Reserves13 | €0.4m | €0.6m | €0.8m | €1.0m | €1.0m | €1.1m | €1.4m | €1.5m | ▲ 11.2% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.0m | €1.0m | €1.1m | €1.4m | €1.5m | ▲ 11.2% |
| Amounts payable17/49 | €0.2m | - | €0.003m | €0.03m | €0.03m | €0.2m | €0.08m | €0.04m | ▼ 54.8% |
| Amounts payable after more than one year17 | €0.2m | - | €0.003m | €0.003m | €0.001m | €0.2m | €0.06m | - | - |
| Other amounts payable178/9 | - | - | - | €0.003m | €0.001m | €0.2m | €0.06m | - | - |
| Amounts payable within one year42/48 | €0.002m | - | €113 | €0.02m | €0.02m | - | €0.02m | €0.04m | ▲ 72.0% |
| Trade debts44 | - | - | €60 | - | - | - | - | €0.001m | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €0.001m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | - | €0.02m | €0.04m | ▲ 67.3% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | - | €0.02m | €0.04m | ▲ 67.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €134,086 | €221,088 | €199,673 | €215,314 | €8,171 | €93,363 | €216,215 | €151,933 | ▼ 29.7% |
| Operating cash flow (approximation) | €134,086 | €221,088 | €199,673 | €215,314 | €8,171 | €93,363 | €216,215 | €151,933 | ▼ 29.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€207,069 | -€7,455 | €300,972 | -€173,531 | -€124,258 | -€2,001 | €79,574 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 07-07-2026 | 2026-00262054 |
| 31-12-2024 | abbreviated format | 29-07-2025 | 2025-00320972 |
| 31-12-2023 | abbreviated format | 31-05-2024 | 2024-00103123 |
| 31-12-2022 | abbreviated format | 02-05-2023 | 2023-00073832 |
| 31-12-2021 | abbreviated format | 26-04-2022 | 2022-20008565 |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-42700297 |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-64900088 |
| 31-12-2018 | abbreviated format | 05-07-2019 | 2019-28600491 |
| 31-12-2017 | abbreviated format | 27-07-2018 | 2018-38200436 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52700508 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.