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Generated 29-08-2026
Active BE 0460.937.169Coöperatieve vennootschap met beperkte aansprakelijkheid

KANAAL 127

Spinnerijstraat(Kor) 107 ·8500 Kortrijk, Belgium· 29 yrs active
Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of KANAAL 127 is < 0.1% (very low). The 2024 annual accounts show equity of €302k and a net result of €-29k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 80% of 1398 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €302k
Net result €-29k
Better than sector 80%
Active 29 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health70Profitability0Solvency100Growth78Stability100
70 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 70
Profitability 0
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1997, 29 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
70 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 21-08-2025 with the NBB · fiscal year 2024 · verkort
€-600k€-400k€-200k€0Operating result 2020: €20k€20kNet result 2020: €-511k€-511kOperating result 2021: €9k€9kNet result 2021: €6k€6kOperating result 2022: €5k€5kNet result 2022: €4k€4kOperating result 2023: €-15k€-15kNet result 2023: €-15k€-15kOperating result 2024: €-30k€-30kNet result 2024: €-29k€-29k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 7 fiscal years (±1.3%/year).
€250k€300k€350k€400k2025: €348k (€323k - €372k)2026: €352k (€320k - €384k)2027: €356k (€312k - €401k)2018: €298k2019: €321k2020: €336k2021: €341k2022: €346k2023: €331k2024: €302k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 75.2% 43.5%
better than 80% of 1398 sector peers
Net result €-29k €42k
better than 10% of 1399 sector peers
Equity €302k €163k
better than 63% of 1399 sector peers
Gross operating margin €82k €72k
better than 53% of 1398 sector peers
Staff costs €19k €107k
higher than 22% of 257 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€36k
-28.7% 18-24
Net profit
€-29k
-95.4% 18-24
Cash flow
€36k
-27.1% 18-24
Total assets
€402k
-1.0% 18-24
Equity
€302k
-8.7% 18-24
Working capital
€207k
+31.9% 18-24
Employees (FTE)
1
0.0% 18-24
Staff costs
€19k
+1.5% 18-24
Show 11 other metrics
Income taxes
€395
-20.1% 18-24
Debt
€100k
+32.6% 18-24
Debt ≤ 1y
€21k
+104.4% 18-24
Debt > 1y
€3k
0.0% 18-24
Current ratio
10.82
-33.3% 18-24
Quick ratio
10.82
-33.3% 18-24
Solvency
75.2%
-7.7% 18-24
Debt / equity
0.33
+45.3% 18-24
ROE
-9.5%
-114.0% 18-24
ROA
-7.2%
-97.5% 18-24
Interest coverage
348.56
-20.6% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€36k
Net profit€-29k
Cash flow€36k
Staff costs€19k
Income taxes€395
Dividends-
Total assets€402k
Equity€302k
Debt€100k
of which ≤ 1y€21k
of which > 1y-
Working capital€207k
Employees (FTE)-
Ratios (computed)
2024
Current ratio10.82
Quick ratio10.82
Working capital ratio51.6%
Solvency75.2%
Debt / equity0.33
Long-term debt ratio-
Interest coverage348.56
Gross margin-
Net margin-
ROA-7.2%
ROE-9.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€402k
Fixed assets 21/28€174k
Tangible fixed assets 22/27€130k
Financial fixed assets 28€44k
Current assets 29/58€228k
Amounts receivable within one year 40/41€78k
Investments 50/53€126k
Cash & bank 54/58€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€402k
Equity 10/15€302k
Contributions / capital 10/11€841k
Reserves 13€6k
Accumulated profits (losses) 14€-545k
Amounts payable 17/49€100k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€8k
Income statement
Gross operating margin 9900€82k
Operating result 9901€-30k
Financial income 75€1k
Financial charges 65€102
Result before taxes 9903€-28k
Income taxes 67/77€395
Net result for the period 9904€-29k
Result to be appropriated 9905€-29k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Directors derived from a single State Gazette act, under verification
All 3 current directors first appear in the same act (25055649). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
  • Leiedal CVLegal entity
    Vast vertegenwoordiger· perm. rep.: Ann Messelier
    State Gazette act 25055649 (29-04-2025)
    Current
    27-04-2022 → present
    3 events
    • 27-04-2022 Resigned· Vast vertegenwoordiger
    • 27-04-2022 Appointed· Vast vertegenwoordiger
    • 26-05-2020 Appointed· Vast vertegenwoordiger
  • POM West-VlaanderenLegal entity
    Vast vertegenwoordiger· perm. rep.: llse Van Houtteghem
    State Gazette act 25055649 (29-04-2025)
    Current
    27-04-2022 → present
    2 events
    • 27-04-2022 Resigned· Vast vertegenwoordiger
    • 27-04-2022 Appointed· Vast vertegenwoordiger
  • Ruben Benoit
    Director
    State Gazette act 25055649 (29-04-2025)
    Current
    26-05-2020 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Coöperatieve vennootschap met beperkte aansprakelijkheid(008)
Incorporation25-06-1997
StatusActive
Postal code8500
Establishment units 1 location
BEDRIJVENCENTRUM
Spinnerijstraat(Kor) 107, 8500 Kortrijkhet invullen van aangifteformulieren voor de loon- en inkomstenbelasting voor particulieren en bedrijven
since 19972.083.164.674
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34353B0280/00R000 Flanders 5,484 m² 1 · 918 m² 10.9 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
21-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
29-04-2025
State Gazette act Director changes
2024
30-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
16-05-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
18-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
21-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
15-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
31-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
12-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
14-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
30-05-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
29-04-2025 4 directors appointed, 2 resigning Director changes
  • Ruben Benoit, Bestuurder
  • Ann Messelier, Vast vertegenwoordiger
  • Nancy Moyaert, Vast vertegenwoordiger
  • Inge Bossuyt, Vast vertegenwoordiger
  • llse Van Houtteghem, Vast vertegenwoordiger
  • Ann Messelier, Vast vertegenwoordiger
Technical details 
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige adviesbureaus op het gebied van bedrijfsvoering en beheer74142Bedrijvencentra74875Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL KANAAL 127
Registered office
Spinnerijstraat(Kor) 107
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative