CANOA
ActiveSummary
CANOA has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€39,153) and a net result of -€16,378. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Age of the figures
Age of the figures
12 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€39,153
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
34 d early
2023
35 d early
2022
37 d early
2021
39 d early
2020
60 d early
2019
99 d early
← 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 52 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€39,153▼ 71.9%
2024 · -€22,775
Total assets
€3,849▼ 48.7%
2024 · €7,509
Net result
-€16,378▼ 70.7%
2024 · -€9,597
Working capital
-€42,317▼ 43.9%
2024 · -€29,398
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€7,635-€1,249▲ 83.6%€9,174-€8,401-€15,416▼ 83.5%
Net result-€10,892below the sector's middle half-€2,197below the sector's middle half▲ 79.8%€8,440within the sector's middle half-€9,597below the sector's middle half-€16,378below the sector's middle half▼ 70.7%
Equity-€19,421below the sector's middle half▼ 128%-€21,619below the sector's middle half▼ 11.3%-€13,179below the sector's middle half▲ 39.0%-€22,775below the sector's middle half▼ 72.8%-€39,153below the sector's middle half▼ 71.9%
Total assets€21,054below the sector's middle half▲ 269%€31,497below the sector's middle half▲ 49.6%€12,022below the sector's middle half▼ 61.8%€7,509below the sector's middle half▼ 37.5%€3,849below the sector's middle half▼ 48.7%
Debt€40,476▲ 184%€53,116▲ 31.2%€25,201▼ 52.6%€30,285▲ 20.2%€43,002▲ 42.0%
Working capital-€37,905▼ 171%-€35,424▲ 6.5%-€24,326▲ 31.3%-€29,398▼ 20.9%-€42,317▼ 43.9%
Solvency-92.2%below the sector's middle half▲ 57.2pp-68.6%below the sector's middle half▲ 23.6pp-109.6%below the sector's middle half▼ 41.0pp-303.3%below the sector's middle half▼ 193.7pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15,416 in 2025 against €8,401 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3,849
Fixed assets
€3,164 ▼ 52.2%
Current assets
€685 ▼ 22.7%
Key figures and ratios
EBITDA
-€10,866▼
2024 · -€3,876
Cash flow
-€11,828▼
2024 · -€5,072
Interest coverage
-11.30▼
2024 · -3.24
Debt ≤ 1 year
€43,002▲
2024 · €30,285
Ratios withheld: a balance sheet total of €3,849 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 6,640 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 | - | - | €128 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,270 | €4,678 | €4,433 | €4,525 | €4,550 | ▲ 0.6% |
| Other operating charges640/8 | - | €215 | €410 | €452 | €509 | ▲ 12.7% |
| Gross operating margin9900 | -€3,639 | €3,644 | €14,145 | -€3,425 | -€10,357 | ▼ 202% |
| Operating profit (loss)9901 | -€7,635 | -€1,249 | €9,174 | -€8,401 | -€15,416 | ▼ 83.5% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €948 | €734 | €1,196 | €961 | ▼ 19.6% |
| Recurring financial charges65 | €617 | €948 | €734 | €1,196 | €961 | ▼ 19.6% |
| Profit (loss) for the period before taxes9903 | -€8,253 | -€2,197 | €8,440 | -€9,597 | -€16,378 | ▼ 70.7% |
| Income taxes67/77 | €2,639 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€10,892 | -€2,197 | €8,440 | -€9,597 | -€16,378 | ▼ 70.7% |
| Profit (loss) for the period to be appropriated9905 | -€10,892 | -€2,197 | €8,440 | -€9,597 | -€16,378 | ▼ 70.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,054 | €31,497 | €12,022 | €7,509 | €3,849 | ▼ 48.7% |
| Fixed assets21/28 | €18,483 | €13,805 | €11,147 | €6,623 | €3,164 | ▼ 52.2% |
| Tangible fixed assets22/27 | €18,483 | €13,805 | €11,147 | €6,623 | €3,164 | ▼ 52.2% |
| Plant, machinery and equipment23 | - | €347 | €2,122 | €1,775 | €2,149 | ▲ 21.1% |
| Furniture and vehicles24 | - | €13,458 | €9,025 | €4,847 | €1,015 | ▼ 79.1% |
| Current assets29/58 | €2,571 | €17,692 | €875 | €887 | €685 | ▼ 22.7% |
| Amounts receivable within one year40/41 | €2,571 | €17,364 | €340 | €702 | €451 | ▼ 35.7% |
| Trade receivables40 | - | €17,364 | €0 | €109 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €340 | €592 | €451 | ▼ 23.9% |
| Cash at bank and in hand54/58 | €0 | €227 | €427 | €46 | €92 | ▲ 97.7% |
| Deferred charges and accrued income490/1 | - | €102 | €107 | €139 | €142 | ▲ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,054 | €31,497 | €12,022 | €7,509 | €3,849 | ▼ 48.7% |
| Equity10/15 | -€19,421 | -€21,619 | -€13,179 | -€22,775 | -€39,153 | ▼ 71.9% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€31,281 | -€33,479 | -€25,039 | -€34,635 | -€51,013 | ▼ 47.3% |
| Amounts payable17/49 | €40,476 | €53,116 | €25,201 | €30,285 | €43,002 | ▲ 42.0% |
| Amounts payable within one year42/48 | €40,476 | €53,116 | €25,201 | €30,285 | €43,002 | ▲ 42.0% |
| Financial debts43 | - | €4,976 | €5,847 | €9,380 | €8,637 | ▼ 7.9% |
| Credit institutions430/8 | - | €4,976 | €5,847 | €9,380 | €8,637 | ▼ 7.9% |
| Trade debts44 | €912 | €425 | €913 | €666 | €334 | ▼ 49.8% |
| Suppliers440/4 | - | €425 | €913 | €666 | €334 | ▼ 49.8% |
| Taxes, remuneration and social security45 | - | €2,710 | €0 | - | - | - |
| Taxes450/3 | - | €2,710 | €0 | - | - | - |
| Other amounts payable47/48 | - | €45,005 | €18,441 | €20,239 | €34,031 | ▲ 68.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,892 | -€2,197 | €8,440 | -€9,597 | -€16,378 | ▼ 70.7% |
| + Depreciation and write-downs630 | €3,270 | €4,678 | €4,433 | €4,525 | €4,550 | ▲ 0.6% |
| Operating cash flow (approximation) | -€7,622 | €2,481 | €12,873 | -€5,072 | -€11,828 | ▼ 133% |
| Investment in fixed assets (approximation) | - | €0 | -€1,775 | €0 | -€1,091 | - |
| Change in cash | - | €227 | €201 | -€381 | €45 | ▲ 112% |
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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet -€16,378
Net result drops to -€16,378, the lowest in the series.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €8,440
Net result €8,440 after 2 loss-making years.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €17,088
Net result €17,088 after one loss-making year.
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Chaumont-Gistoux · 1 establishment unit since 2000
Ground area
1,547 m²
Building footprint
183 m²
Volume, LiDAR
1,801 m³
2 parcels, Brussels, Wallonia · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ALIAS
since 20002.094.055.301
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021F0236/00H002 | Wallonia | 1,432 m² | 1 · 91 m² | 9.7 m · 1 fl. |
| 21383B0031/00X030 | Brussels | 115 m² | 1 · 91 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-06-2000
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472061881
Also
9925:BE0472061881
Registered
20-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.