ACTIVE

CANDAN

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Financial year 2024 · closed on 31/12/2024

Net result

212,5 k €

+53.5% YoY

Gross margin

1,1 M €

+9.4% YoY

Equity

1,4 M €

+17.2% YoY

Workforce

27,0 ETP

-15.6% YoY

What does CANDAN do?

CANDAN is a Private limited company incorporated in 1987. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Schaerbeek. It employs on average 27,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.078.787

Incorporation

30/03/1987

Legal form

Private limited company

Registered office

Rue de Jérusalem 36-38
1030 Schaerbeek · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Average workforce

27,0 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47113Retail sale in non-specialised stores with food, beverages or tobacco predominating 52113Warehousing and storage 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2006
Income statement
Gross margin	1,1 M €	+9.4%	1 M €	+2.2%	1 M €	+18.6%	861,2 k €	+15.0%	748,9 k €	-5.0%	787,9 k €	+2.8%	766,6 k €	+12.1%	683,6 k €	-4.7%	717,2 k €	+15.9%	618,9 k €	+4.5%	592,1 k €	-7.9%	642,7 k €	+7.8%	596 k €	-5.6%	631,6 k €	+72.1%	367 k €	+39.2%	263,6 k €
EBITDA	378,2 k €	+28.1%	295,2 k €	-20.1%	369,3 k €	+62.0%	228 k €	+12.3%	202,9 k €	+75.3%	115,8 k €	+5.5%	109,8 k €	-13.6%	127 k €	-39.8%	210,9 k €	+49.0%	141,5 k €	-14.8%	166,1 k €	-26.6%	226,3 k €	+64.5%	137,6 k €	+1.4%	135,7 k €	+17.4%	115,6 k €	+131%	50 k €
Operating result	302,2 k €	+31.7%	229,5 k €	-25.3%	307 k €	+72.8%	177,7 k €	+33.5%	133,1 k €	+224%	41,1 k €	+57.0%	26,2 k €	-26.5%	35,6 k €	-40.0%	59,4 k €	+28.4%	46,3 k €	+57.7%	29,3 k €	-61.0%	75,2 k €	+86.3%	40,4 k €	-24.0%	53,1 k €	+41.0%	37,7 k €	+67.3%	22,5 k €
Net result	212,5 k €	+53.5%	138,4 k €	-21.1%	175,4 k €	+17.7%	149,1 k €	+82.4%	81,7 k €	+205%	26,8 k €	+201%	8,9 k €	-73.6%	33,7 k €	+68.5%	20 k €	-42.5%	34,8 k €	+20.3%	28,9 k €	+19.2%	24,3 k €	+148%	9,8 k €	-68.6%	31,2 k €	-17.2%	37,7 k €	+67.3%	22,5 k €
Balance sheet
Equity	1,4 M €	+17.2%	1,2 M €	+12.6%	1,1 M €	+19.0%	923,3 k €	+19.3%	774,2 k €	+11.8%	692,5 k €	+4.0%	665,7 k €	+1.4%	656,8 k €	+5.4%	623,1 k €	+3.3%	603,1 k €	+6.1%	568,3 k €	+5.4%	539,4 k €	+4.7%	515,1 k €	+1.9%	505,3 k €	+6.6%	474,1 k €	+46.8%	322,9 k €
Total assets	2,5 M €	+1.2%	2,5 M €	+4.4%	2,4 M €	+13.5%	2,1 M €	+30.0%	1,6 M €	-4.9%	1,7 M €	-5.4%	1,8 M €	-1.8%	1,8 M €	+5.7%	1,7 M €	+7.5%	1,6 M €	+6.8%	1,5 M €	-2.3%	1,5 M €	+36.8%	1,1 M €	+100%	565,9 k €	+13.1%	500,2 k €	+7.8%	464,2 k €
Cash	8,2 k €	+4991%	160,9 €	-99.1%	17,5 k €	-74.7%	69,3 k €	+2697%	2,5 k €	-3.8%	2,6 k €	+141%	1,1 k €	+451%	193,7 €	-96.7%	5,8 k €	+3563%	158,5 €	-99.2%	19 k €	-88.8%	168,7 k €	+1910%	8,4 k €	+5354%	153,9 €	-96.7%	4,6 k €	+25.0%	3,7 k €
Debts	1,1 M €	-14.5%	1,3 M €	-2.6%	1,3 M €	+9.2%	1,2 M €	+39.7%	848,2 k €	-16.2%	1 M €	-10.9%	1,1 M €	-3.6%	1,2 M €	+5.9%	1,1 M €	+10.0%	1 M €	+7.2%	944,5 k €	-6.5%	1 M €	+63.6%	617,2 k €	+919%	60,6 k €	+132%	26,1 k €	-81.5%	141,3 k €
Other
Workforce	27,0 ETP	-15.6%	32,0 ETP	+68.4%	19,0 ETP	+5.6%	18,0 ETP	0.0%	18,0 ETP	-18.2%	22,0 ETP	0.0%	22,0 ETP	0.0%	22,0 ETP	+10.0%	20,0 ETP	+5.3%	19,0 ETP	+5.6%	18,0 ETP	+5.9%	17,0 ETP	0.0%	17,0 ETP	-15.4%	20,1 ETP	+89.6%	10,6 ETP	-5.4%	11,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 3 ended

Active mandates

CANDAN MEHMET

Mandate

Active

Ended mandates

MEHMET CANDAN

Manager · since 23 mai 1987

Ended

Mehmet CANDAN

Manager

Ended

MEHMET CANDAN

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
KASAP SADIK● Active	0831.508.546

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2025	04/06/2024	08/04/2023	26/05/2022	03/05/2021	11/05/2020
General meeting	31/05/2025	31/05/2024	08/04/2023	05/05/2022	11/03/2021	16/03/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	31/05/2025	08/06/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	04/06/2024	French	PDF
Abridged model	31/12/2022	08/04/2023	08/04/2023	French	PDF
Abridged model	31/12/2021	05/05/2022	26/05/2022	French	PDF
Abridged model	31/12/2020	11/03/2021	03/05/2021	French	PDF
Abridged model	31/12/2019	16/03/2020	11/05/2020	French	PDF
Abridged model	31/12/2018	04/04/2019	05/04/2019	French	PDF
Abridged model	31/12/2017	07/05/2018	08/05/2018	French	PDF
Abridged model	31/12/2016	22/05/2017	23/05/2017	French	PDF
Abridged model	31/12/2015	22/02/2016	24/05/2016	French	PDF
Abridged model	31/12/2014	18/05/2015	21/05/2015	French	PDF
Abridged model	31/12/2013	24/02/2014	28/03/2014	French	PDF
Abridged model	31/12/2012	24/02/2013	16/04/2013	French	PDF
Abridged model	31/12/2011	24/04/2012	24/04/2012	French	PDF
Abridged model	31/12/2010	01/05/2011	20/05/2011	French	PDF
Abridged model	31/12/2009	02/06/2010	11/06/2010	French	PDF
Abridged model	31/12/2008	18/05/2009	11/06/2009	French	PDF
Abridged model	31/12/2007	13/06/2008	21/10/2008	French	PDF
Abridged model	31/12/2006	30/04/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 3 ended

Active mandates

CANDAN MEHMET

Mandate

Active

Ended mandates

MEHMET CANDAN

Manager · since 23 mai 1987

Ended

Mehmet CANDAN

Manager

Ended

MEHMET CANDAN

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/04/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/01/2019
CAPITAL, ACTIONS
PDF
Capital / shares01/07/2013
CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024212,5 k €↑
2023
Annual accounts 2023138,4 k €↓
2022
Annual accounts 2022175,4 k €↑
2021
Annual accounts 2021149,1 k €↑
2020
Annual accounts 202081,7 k €↑
2019
Annual accounts 201926,8 k €↑
2018
Annual accounts 20188,9 k €↓
2017
Annual accounts 201733,7 k €↑
2016
Annual accounts 201620 k €↓
2015
Annual accounts 201534,8 k €↑
2014
Annual accounts 201428,9 k €↑
2013
Annual accounts 201324,3 k €↑
2012
Annual accounts 20129,8 k €↓
2011
Annual accounts 201131,2 k €↓
2010
Annual accounts 201037,7 k €↑
2006
Annual accounts 200622,5 k €
30/03/1987
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CANDAN

Overview

What does CANDAN do?

Trend over 16 financial years

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