ACTIVE

Canalco

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Financial year 2025 · Closed on 30/09/2025

Net result1,4 M €+281,4 %over 1 year

Revenue29,1 M €+7,1 %over 1 year

Equity6,7 M €+26,4 %over 1 year

Workforce98,7 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

Canalco is a Public limited company incorporated in 1969. Its main activity is: Construction of utility projects for fluids. Its registered office is in Grobbendonk. It employs on average 98,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.867.983
Incorporation: 17/09/1969
Legal form: Public limited company
Registered office: 'tVlot 1 box K
2280 Grobbendonk · FlandreSee on map
Contributed capital: 447 000,00 €
Latest accounts: 30/09/2025
Average workforce: 98,7 ETP

Activities (NACE)

42211Construction of utility projects for fluids· main 42211Construction of utility projects for fluids 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45215Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	29,1 M €	+7.1%	27,2 M €	+7.7%	25,2 M €	+11.5%	22,6 M €	-5.7%	24 M €
EBITDA	2,4 M €	+144%	985,8 k €	-70.6%	3,3 M €	+29.0%	2,6 M €	+14.4%	2,3 M €
Operating result	2,1 M €	+216%	678,9 k €	-78.2%	3,1 M €	+33.5%	2,3 M €	+20.8%	1,9 M €
Net result	1,4 M €	+281%	366,7 k €	-85.1%	2,5 M €	+8.1%	2,3 M €	+56.0%	1,5 M €
Balance sheet
Equity	6,7 M €	+26.4%	5,3 M €	+7.4%	4,9 M €	+100.0%	2,5 M €	-8.1%	2,7 M €
Total assets	16,9 M €	+15.4%	14,6 M €	+2.9%	14,2 M €	+13.1%	12,6 M €	-27.5%	17,3 M €
Cash	477,3 k €	-82.8%	2,8 M €	+29.6%	2,1 M €	-17.7%	2,6 M €	+355%	573,2 k €
Debts	10,1 M €	+9.0%	9,3 M €	+1.1%	9,2 M €	-7.6%	10 M €	-31.7%	14,6 M €
Other
Workforce	98,7 ETP	-3.0%	101,8 ETP	+5.2%	96,8 ETP	+2.7%	94,3 ETP	-2.8%	97,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

6 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wim NOYENS	Director04/12/2025 → 28/03/2031
Benoit AERTS	Director16/12/2019 → 28/03/2030
Bertrand JARDINET	Managing director01/06/2015 → 28/03/2030Director17/05/2010 → 2011 accountsended
BoMan0845.814.363Represented by Ilse Baeck	Director26/04/2017 → 28/03/2025
Elwin Schroven	Director16/12/2019 → 04/12/2025
Filip HAEVERANS	Director16/12/2019 → 04/12/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Canalfin Infra Group0841.690.378Represented by Benoît Aerts	Director26/04/2017 → 2020 accounts
Canalfin NV0842.251.295Represented by Bertrand Jardinet	Director26/04/2017 → 2018 accounts

Other companies at this address

'tVlot 1 2280 Grobbendonk

Company	CBE no.
Canalco – CMI Balteau● Liquidation	0755.829.938
CANALCO-NIJKAMP● Active	0652.974.504
DRILLING SOLUTIONS● Active	0635.534.397
DRILLMAT● Active	0635.534.694
Drillmat - Drilling Solutions● Active	0673.894.236
THV CANALCO-NIJKAMP● Liquidation	0654.797.015

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	21 months
Filing date	01/04/2026	09/04/2025	10/04/2024	07/04/2023	19/04/2022	16/04/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	31/03/2023	25/03/2022	26/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	27/03/2026	01/04/2026	Dutch	PDF
Full model	30/09/2024	28/03/2025	09/04/2025	Dutch	PDF
Full model	30/09/2023	29/03/2024	10/04/2024	Dutch	PDF
Full model	30/09/2022	31/03/2023	07/04/2023	Dutch	PDF
Full model	30/09/2021	25/03/2022	19/04/2022	Dutch	PDF
Full model	30/09/2020	26/03/2021	16/04/2021	Dutch	PDF
Full model	31/12/2018	26/04/2019	10/05/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	18/05/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	24/05/2017	Dutch	PDF
Full model	31/12/2015	26/04/2016	20/05/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	29/05/2015	Dutch	PDF
Full model	31/12/2013	24/05/2014	19/06/2014	Dutch	PDF
Full model	31/12/2012	26/04/2013	23/05/2013	Dutch	PDF
Full model	31/12/2011	26/04/2012	25/07/2012	Dutch	PDF
Full model	31/12/2010	17/05/2011	10/06/2011	Dutch	PDF
Full model	31/12/2009	17/05/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	29/07/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	11/07/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	06/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2025

6 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wim NOYENS	Director04/12/2025 → 28/03/2031
Benoit AERTS	Director16/12/2019 → 28/03/2030
Bertrand JARDINET	Managing director01/06/2015 → 28/03/2030Director17/05/2010 → 2011 accountsended
BoMan0845.814.363Represented by Ilse Baeck	Director26/04/2017 → 28/03/2025
Elwin Schroven	Director16/12/2019 → 04/12/2025
Filip HAEVERANS	Director16/12/2019 → 04/12/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Canalfin Infra Group0841.690.378Represented by Benoît Aerts	Director26/04/2017 → 2020 accounts
Canalfin NV0842.251.295Represented by Bertrand Jardinet	Director26/04/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/11/2026
Herbenoeming commissaris
PDF
Registered office05/11/2026
Verplaatsing zetel - volmacht
PDF
Mandates29/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2020
DIVERSEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Wim NOYENS

Benoit AERTS

Bertrand JARDINET

BoMan

Elwin SCHROVEN

Filip HAEVERANS

Nopro BV

Canalfin Infra Group

Canalfin NV

Darsa BV

TEDIS

Maestra

Show the 2 other mandates

196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Canalco

Director

Managing directorDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
'tVlot 1 bte K, 2280 GrobbendonkCurrent	accounts 2021 → 2025 · CBE since 28/10/2026	Accounts 2025 · 2026-00069866
'tVlot 1, 2280 Grobbendonk	CBE until 28/10/2026	CBE

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CanalcoCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00069866

Events

2025
Annual accounts 20251,4 M €↑
2024
Annual accounts 2024366,7 k €↓
2023
Annual accounts 20232,5 M €↑
2022
Annual accounts 20222,3 M €↑
2021
Annual accounts 20211,5 M €↓
2020
Annual accounts 20203,2 M €↑
2018
Annual accounts 201884 k €↓
2017
Annual accounts 2017493 k €↑
2016
Annual accounts 201618,3 k €↓
2015
Annual accounts 20151 M €↑
2014
Annual accounts 2014-108,2 k €↑
2013
Annual accounts 2013-546,6 k €↓
2012
Annual accounts 20122,7 M €↑
2011
Annual accounts 2011-464,2 k €↑
2010
Annual accounts 2010-567,5 k €↓
2009
Annual accounts 2009680,6 k €↑
2008
Annual accounts 2008-223,4 k €↓
2007
Annual accounts 2007424,2 k €↑
2006
Annual accounts 2006276,3 k €
17/09/1969
IncorporationPublic limited company

Canalco

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events