Summary
CANNOOT has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2008 annual accounts show equity of €281,954 and a net result of €14,530. Equity is growing by ~3.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2008 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2008 · tick = 2007
Profitability46▲+7
Solvency88▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2008Solvency, return and age of the figures
Solvency
62.8%
Return on assets
3.2%
Age of the figures
213 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2008. Since then, 17 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2009 close31-07-2010 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 27-08-2009, 27 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2008, abbreviated schema
Equity
€281,954▲ 5.4%
2007 · €267,424
Total assets
€448,733▼ 4.8%
2007 · €471,236
Net result
€14,530▲ 557%
2007 · €2,211
Working capital
€257,680▲ 7.3%
2007 · €240,212
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
Line200620072008
Operating result€21,021-€5,211▼ 75.2%€14,530▲ 179%
Net result€17,369-€2,211▼ 87.3%€14,530▲ 557%
Equity€265,213-€267,424▲ 0.8%€281,954▲ 5.4%
Total assets€489,078-€471,236▼ 3.6%€448,733▼ 4.8%
Debt€223,865-€203,812▼ 9.0%€166,779▼ 18.2%
Working capital€231,706-€240,212▲ 3.7%€257,680▲ 7.3%
Staff (FTE)3.5-3.5=4▲ 14.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2008; 2008 is 179% above 2007.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €448,733
Fixed assets
€24,274 ▼ 10.8%
Current assets
€424,459 ▼ 4.4%
Equity and liabilities €448,733
Equity
€281,954 ▲ 5.4%
Debt
€166,779 ▼ 18.2%
Debt's share of the balance-sheet total falls from 43.3% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19,320▲
2007 · €17,548
Cash flow
€19,320▲
2007 · €14,548
Current ratio
2.55▲
2007 · 2.18
ROE
5.2%▲
2007 · 0.8%
ROA
3.2%▲
2007 · 0.5%
Debt ≤ 1 year
€166,779▼
2007 · €203,812
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,424 | €12,337 | €4,790 | ▼ 61.2% |
| Gross operating margin9900 | €103,435 | €79,429 | €102,916 | ▲ 29.6% |
| Operating profit (loss)9901 | €21,021 | €5,211 | €14,530 | ▲ 179% |
| Profit (loss) for the period before taxes9903 | €21,021 | €5,211 | €14,530 | ▲ 179% |
| Income taxes67/77 | €3,652 | €3,000 | - | - |
| Profit (loss) for the period9904 | €17,369 | €2,211 | €14,530 | ▲ 557% |
| Profit (loss) for the period to be appropriated9905 | €17,369 | €2,211 | €14,530 | ▲ 557% |
| Line | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €489,078 | €471,236 | €448,733 | ▼ 4.8% |
| Fixed assets21/28 | €33,507 | €27,212 | €24,274 | ▼ 10.8% |
| Tangible fixed assets22/27 | €33,507 | €27,212 | €24,274 | ▼ 10.8% |
| Current assets29/58 | €455,571 | €444,024 | €424,459 | ▼ 4.4% |
| Amounts receivable within one year40/41 | €441,093 | €403,815 | €387,740 | ▼ 4.0% |
| Cash at bank and in hand54/58 | €14,478 | €40,209 | €36,719 | ▼ 8.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €489,078 | €471,236 | €448,733 | ▼ 4.8% |
| Equity10/15 | €265,213 | €267,424 | €281,954 | ▲ 5.4% |
| Contributions10/11 | €25,037 | €25,037 | €25,037 | = |
| Reserves13 | €21,495 | €21,495 | €21,495 | = |
| Profit (loss) carried forward14 | €218,681 | €220,892 | €235,422 | ▲ 6.6% |
| Amounts payable17/49 | €223,865 | €203,812 | €166,779 | ▼ 18.2% |
| Amounts payable within one year42/48 | €223,865 | €203,812 | €166,779 | ▼ 18.2% |
| Trade debts44 | €223,865 | €203,812 | €166,779 | ▼ 18.2% |
| Line | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,369 | €2,211 | €14,530 | ▲ 557% |
| + Depreciation and write-downs630 | €12,424 | €12,337 | €4,790 | ▼ 61.2% |
| Operating cash flow (approximation) | €29,793 | €14,548 | €19,320 | ▲ 32.8% |
| Investment in fixed assets (approximation) | - | -€6,042 | -€1,852 | ▲ 69.3% |
| Change in cash | - | €25,731 | -€3,490 | ▼ 114% |
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
2009
27-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 27 days late
2008
25-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 25 days late
2007
31-12
Financial
Weakest financial yearnet €2,211 ▼87.3%
Net result drops to €2,211, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema · 29 days late
2006
31-08
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema · 31 days late
2005
29-09
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema · 60 days late
2004
05-10
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 66 days late
2003
11-09
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema · 42 days late
2002
13-09
NBB filing
Annual accounts filed
fiscal year 2001 · abbreviated schema · 44 days late
2001
02-08
NBB filing
Annual accounts filed
fiscal year 2000 · abbreviated schema · 2 days late
2000
24-07
NBB filing
Annual accounts filed
fiscal year 1999 · 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.
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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, Wingene
Ground area
2,021 m²
Building footprint
388 m²
Volume, LiDAR
1,363 m³
Parcel 37018F0467/00B000, Flanders · tallest building 12.5 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018F0467/00B000 | Flanders | 2,021 m² | 1 · 388 m² | 12.5 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.
Identification & contact
Identification
Legal formCoöperatieve vennootschap (oud statuut)
Founded16-06-1986
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.