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HET KANAAL

Active
Private limited companyfounded 2004active for 22 yearsZuidervaartje 18, 8310 Brugge, BelgiumKBO/BCE: BE 0867.597.001

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HET KANAAL has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213,687 and a net result of €45,619. Equity is growing by about 8.7% per year across the filed financial years. Its solvency ranks better than 34% of 20,659 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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HET KANAALActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 04-10-2004 Normal situation
Legal form
Private limited company
Registered office
Zuidervaartje 18, 8310 Brugge
Activity
Dental practice NACE 86230
Establishment unit
2.142.198.379 8310 Brugge, since 04-10-2004
Financial year end
31 March
Peppol
Reachable since 21-10-2026
Company details

Who decides

Board
Board & ownership

How it is doing

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2025
Gross margin
€191,003
▲ 4.9%
Turnover
≈ €480,000
estimated
Profit
€45,619
▼ 37.7%
Equity
€213,687
▼ 25.5%
Total assets
€489,763
▼ 6.7%
Staff
2 FTE
▲ 17.6%
2026 accounts not filed, 1 day past the deadline
Filed on 08-10-2025PDF
Financials
Why 92raises riskFigures for financial year 2025 (filed 08-10-2025)lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 1.88, cash €199,508Size: total assets €489,763Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 86, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 69-11
equity 43.6% of total assets
Liquidity 88-4
short-term debt 28.5% · cash 40.7%
Profitability 80-6
return on assets 9.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (24,155 companies, NACE 86, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.88, compared with 4.1 in 2024, above the usual 1.5; short-term debt: 28.5% and cash: 40.7% of total assets), but 56.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro): better than 35% on solvency, 72% on liquidity, 27% on profitability and 19% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 1.88, cash €199,508
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed 08-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €489,763
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
23 days early
2024
5 days late
2023
1 day early
2022
on the day
2021
2 days early
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 2 days after the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €45,619 7 years View
  • Caution: Equity fell in 2025from €286,964 to €213,687 ▼ 25.5% View

Documents

Annual accounts at the NBB

All 20 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HET KANAAL

What is the company number of HET KANAAL?
0867.597.001. In Belgium the VAT number is the company number with BE in front: BE 0867.597.001.
Where is HET KANAAL based?
The registered office is at Zuidervaartje 18, 8310 Brugge.Company details
What does HET KANAAL do?
According to the KBO register, the main activity is dental practice (NACE 86230).
What is the legal form of HET KANAAL?
Private limited company (BV).
When was HET KANAAL founded?
On 04-10-2004.
Is HET KANAAL still active?
Yes, HET KANAAL is an active enterprise in the KBO register.
How many employees does HET KANAAL have?
On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HET KANAAL?
≈ €480,000 in financial year 2025. Estimated from the gross margin of €191,003: probably between €340,000 and €550,000, based on 31 comparable companies, NACE 86230.
Is HET KANAAL profitable?
In financial year 2025, HET KANAAL made a profit of €45,619.
Where can I find the annual accounts of HET KANAAL?
HET KANAAL filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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