ACTIVE

CANAL PROPERTIES

Financial year 2025 · closed on 31/12/2025
Net result
3 M €
+537.8% YoY
Gross margin
1,5 M €
+46.8% YoY
Equity
16,7 M €
+0.1% YoY
Workforce
0,0 ETP

What does CANAL PROPERTIES do?

CANAL PROPERTIES is a Public limited company incorporated in 1991. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.627.313
Incorporation
03/07/1991
Legal form
Public limited company
Registered office
Gordunakaai 87
9000 Gent · FlandreSee on map
Contributed capital
2 250 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 100
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,5 M €1 M €5,3 M €1 M €99,8 k €859,6 k €2 M €1,5 M €5,4 M €-310,2 k €-136,7 k €-194,2 k €-170,1 k €-237,3 k €-101,3 k €69,1 k €393,1 k €30,3 k €-24 k €-267,7 k €
EBITDA1,5 M €1 M €3 M €973,3 k €44,6 k €812,7 k €1,9 M €1,5 M €5,4 M €-315,1 k €-142,9 k €-200,9 k €-176,3 k €-243,3 k €-107,4 k €62,2 k €392,7 k €29,8 k €-24,4 k €-272,3 k €
Operating result954,9 k €988 k €2,9 M €926,4 k €-1,1 k €268,9 k €1,4 M €1 M €4,9 M €-793,7 k €-534,4 k €-476,4 k €-326,7 k €-336,7 k €-432,8 k €60,4 k €392,7 k €29,2 k €-26 k €-273,8 k €
Net result3 M €472,7 k €1,5 M €1,2 M €-218,2 k €51,5 k €4,7 M €910 k €4,6 M €-1,1 M €-772,5 k €5 M €-560,6 k €7,6 k €-1,3 M €-221 k €337,4 k €103,6 k €-169,6 k €-272,1 k €
Balance sheet
Equity16,7 M €16,7 M €17,7 M €16,2 M €14,9 M €15,2 M €15,1 M €10,4 M €10,3 M €5,7 M €6,8 M €7,6 M €4,1 M €4,7 M €3,2 M €4,5 M €4,7 M €4,4 M €4,3 M €4,4 M €
Total assets40,3 M €44,9 M €38,5 M €41,2 M €36,9 M €35,7 M €33,3 M €33 M €30,9 M €31,3 M €30,9 M €26,1 M €20,8 M €17,1 M €17,6 M €19 M €14,2 M €13,6 M €12,3 M €12,2 M €
Cash24,7 k €101,8 k €5,3 k €725,4 k €604,6 k €1,2 M €1,3 M €936,2 k €721,3 k €89,4 k €61,7 k €136,6 k €37,2 k €184,9 €20,1 k €18,7 k €33,7 k €44,6 k €108,9 k €65,8 k €
Debts23,6 M €28,2 M €20,8 M €25 M €22 M €20,5 M €18,2 M €22,6 M €20,6 M €25,6 M €24 M €18,4 M €16,7 M €12,4 M €14,4 M €14,5 M €9,4 M €9,3 M €8 M €7,7 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

DEBINCO

Director · since 21 décembre 2022 · until 28 mars 2028 · 0466.355.214

Represented by Philip De Bruyn

Active
Ignaas Vandenabeele

Director · since 21 décembre 2022 · until 28 mars 2028

Active
Isabelle De Bruyn

Director · since 21 décembre 2022 · until 28 mars 2028

Active

Ended mandates

B.D.R.

Director · since 28 mars 2017 · until 28 mars 2023 · 0443.499.143

Represented by Véronique De Bruyn

Ended
DEBINCO

Managing director · since 28 mars 2017 · until 28 mars 2023 · 0466.355.214

Represented by Philip De Bruyn

Ended
Isabelle De Bruyn

Director · since 28 mars 2017 · until 28 mars 2023

Ended
VANDEN BRUYN

Managing director · since 28 mars 2017 · until 28 mars 2023 · 0438.392.488

Represented by Ignaas Vandenabeele

Ended
At this address

Other companies at this address

CompanyCBE no.
CANAL CONSTRUCTActive
0471.546.494
DE VOORKANTActive
0451.015.257
EVERSITEActive
0467.192.184
GEDEVCOActive
0881.304.188
IMMOTRIONActive
0437.663.109
KORENLEIActive
0478.550.983
TAFTActive
0874.651.275
TARGET INVESTActive
0465.693.139
VANDEN BRUYNActive
0438.392.488
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/05/202617/04/202522/05/202414/06/202324/05/202223/04/2021
General meeting14/04/202625/03/202529/04/202423/05/202330/04/202223/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/04/202612/05/2026DutchPDF
Abridged model31/12/202425/03/202517/04/2025DutchPDF
Abridged model31/12/202329/04/202422/05/2024DutchPDF
Abridged model31/12/202223/05/202314/06/2023DutchPDF
Abridged model31/12/202130/04/202224/05/2022DutchPDF
Abridged model31/12/202023/03/202123/04/2021DutchPDF
Abridged model31/12/201924/03/202024/04/2020DutchPDF
Abridged model31/12/201803/04/201903/05/2019DutchPDF
Abridged model31/12/201727/03/201827/04/2018DutchPDF
Abridged model31/12/201628/03/201728/04/2017DutchPDF
Abridged model31/12/201522/03/201622/04/2016DutchPDF
Abridged model31/12/201424/03/201524/04/2015DutchPDF
Abridged model31/12/201306/06/201413/06/2014DutchPDF
Abridged model31/12/201226/03/201326/04/2013DutchPDF
Abridged model31/12/201127/03/201227/04/2012DutchPDF
Abridged model31/12/201022/03/201121/04/2011DutchPDF
Abridged model31/12/200923/03/201020/04/2010DutchPDF
Abridged model31/12/200814/04/200913/05/2009DutchPDF
Abridged model31/12/200725/03/200807/04/2008DutchPDF
Abridged model31/12/200627/03/200727/04/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 3 active · 21 ended

Active mandates

DEBINCO

Director · since 21 décembre 2022 · until 28 mars 2028 · 0466.355.214

Represented by Philip De Bruyn

Active
Ignaas Vandenabeele

Director · since 21 décembre 2022 · until 28 mars 2028

Active
Isabelle De Bruyn

Director · since 21 décembre 2022 · until 28 mars 2028

Active

Ended mandates

B.D.R.

Director · since 28 mars 2017 · until 28 mars 2023 · 0443.499.143

Represented by Véronique De Bruyn

Ended
DEBINCO

Managing director · since 28 mars 2017 · until 28 mars 2023 · 0466.355.214

Represented by Philip De Bruyn

Ended
Isabelle De Bruyn

Director · since 28 mars 2017 · until 28 mars 2023

Ended
VANDEN BRUYN

Managing director · since 28 mars 2017 · until 28 mars 2023 · 0438.392.488

Represented by Ignaas Vandenabeele

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/05/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/07/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2005
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 20253 M €
  2. 2024
    Annual accounts 2024472,7 k €
  3. 2023
    Annual accounts 20231,5 M €
  4. 2022
    Annual accounts 20221,2 M €
  5. 2021
    Annual accounts 2021-218,2 k €
  6. 2020
    Annual accounts 202051,5 k €
  7. 2019
    Annual accounts 20194,7 M €
  8. 2018
    Annual accounts 2018910 k €
  9. 2017
    Annual accounts 20174,6 M €
  10. 2016
    Annual accounts 2016-1,1 M €
  11. 2015
    Annual accounts 2015-772,5 k €
  12. 2014
    Annual accounts 20145 M €
  13. 2013
    Annual accounts 2013-560,6 k €
  14. 2012
    Annual accounts 20127,6 k €
  15. 2011
    Annual accounts 2011-1,3 M €
  16. 2010
    Annual accounts 2010-221 k €
  17. 2009
    Annual accounts 2009337,4 k €
  18. 2008
    Annual accounts 2008103,6 k €
  19. 2007
    Annual accounts 2007-169,6 k €
  20. 2006
    Annual accounts 2006-272,1 k €
  21. 03/07/1991
    IncorporationPublic limited company