ACTIVE

CANAL PROPERTIES

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Financial year 2025 · Closed on 31/12/2025

Net result3 M €+537,8 %over 1 year

Gross margin1,5 M €+46,8 %over 1 year

Equity16,7 M €+0,1 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

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

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 68100Buying and selling of own real estate+4

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	+46.8%	1 M €	-80.1%	5,3 M €	+415%	1 M €	+928%	99,8 k €
EBITDA	1,5 M €	+47.3%	1 M €	-65.3%	3 M €	+207%	973,3 k €	+2083%	44,6 k €
Operating result	954,9 k €	-3.4%	988 k €	-66.4%	2,9 M €	+217%	926,4 k €	+83458%	-1,1 k €
Net result	3 M €	+538%	472,7 k €	-68.4%	1,5 M €	+20.4%	1,2 M €	+670%	-218,2 k €
Balance sheet
Equity	16,7 M €	+0.1%	16,7 M €	-5.8%	17,7 M €	+9.2%	16,2 M €	+8.3%	14,9 M €
Total assets	40,3 M €	-10.2%	44,9 M €	+16.5%	38,5 M €	-6.5%	41,2 M €	+11.6%	36,9 M €
Cash	24,7 k €	-75.7%	101,8 k €	+1813%	5,3 k €	-99.3%	725,4 k €	+20.0%	604,6 k €
Debts	23,6 M €	-16.2%	28,2 M €	+35.5%	20,8 M €	-16.7%	25 M €	+13.8%	22 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEBINCO0466.355.214Represented by Philip De Bruyn	Director21/12/2022 → 28/03/2028Managing director01/01/2013 → 2021 accountsended
Ignaas Vandenabeele	Director21/12/2022 → 28/03/2028
Isabelle De Bruyn	Director28/03/2017 → 28/03/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
B.D.R.0443.499.143Represented by Véronique De Bruyn	Director28/03/2017 → 2021 accounts
VANDEN BRUYN0438.392.488Represented by Ignaas Vandenabeele	Managing director28/03/2017 → 2021 accounts

Other companies at this address

Gordunakaai 87 9000 Gent

Company	CBE no.
CANAL CONSTRUCT● Active	0471.546.494
DE VOORKANT● Active	0451.015.257
EVERSITE● Active	0467.192.184
GEDEVCO● Active	0881.304.188
IMMOTRION● Active	0437.663.109
KORENLEI● Active	0478.550.983
TAFT● Active	0874.651.275
TARGET INVEST● Active	0465.693.139
VANDEN BRUYN● Active	0438.392.488

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/05/2026	17/04/2025	22/05/2024	14/06/2023	24/05/2022	23/04/2021
General meeting	14/04/2026	25/03/2025	29/04/2024	23/05/2023	30/04/2022	23/03/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	14/04/2026	12/05/2026	Dutch	PDF
Abridged model	31/12/2024	25/03/2025	17/04/2025	Dutch	PDF
Abridged model	31/12/2023	29/04/2024	22/05/2024	Dutch	PDF
Abridged model	31/12/2022	23/05/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/04/2022	24/05/2022	Dutch	PDF
Abridged model	31/12/2020	23/03/2021	23/04/2021	Dutch	PDF
Abridged model	31/12/2019	24/03/2020	24/04/2020	Dutch	PDF
Abridged model	31/12/2018	03/04/2019	03/05/2019	Dutch	PDF
Abridged model	31/12/2017	27/03/2018	27/04/2018	Dutch	PDF
Abridged model	31/12/2016	28/03/2017	28/04/2017	Dutch	PDF
Abridged model	31/12/2015	22/03/2016	22/04/2016	Dutch	PDF
Abridged model	31/12/2014	24/03/2015	24/04/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	13/06/2014	Dutch	PDF
Abridged model	31/12/2012	26/03/2013	26/04/2013	Dutch	PDF
Abridged model	31/12/2011	27/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2010	22/03/2011	21/04/2011	Dutch	PDF
Abridged model	31/12/2009	23/03/2010	20/04/2010	Dutch	PDF
Abridged model	31/12/2008	14/04/2009	13/05/2009	Dutch	PDF
Abridged model	31/12/2007	25/03/2008	07/04/2008	Dutch	PDF
Abridged model	31/12/2006	27/03/2007	27/04/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEBINCO0466.355.214Represented by Philip De Bruyn	Director21/12/2022 → 28/03/2028Managing director01/01/2013 → 2021 accountsended
Ignaas Vandenabeele	Director21/12/2022 → 28/03/2028
Isabelle De Bruyn	Director28/03/2017 → 28/03/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
B.D.R.0443.499.143Represented by Véronique De Bruyn	Director28/03/2017 → 2021 accounts
VANDEN BRUYN0438.392.488Represented by Ignaas Vandenabeele	Managing director28/03/2017 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other18/09/2026
DIVERSEN
PDF
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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

DEBINCO

Isabelle De Bruyn

Ignaas Vandenabeele

VANDEN BRUYN

B.D.R.

OPUS +

19911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

CANAL PROPERTIES

Gordunakaai 87, 9000 Gent

DirectorManaging director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gordunakaai 87, 9000 GentCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00109365

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CANAL PROPERTIESCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00109365

Events

2025
Annual accounts 20253 M €↑
2024
Annual accounts 2024472,7 k €↓
2023
Annual accounts 20231,5 M €↑
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 2021-218,2 k €↓
2020
Annual accounts 202051,5 k €↓
2019
Annual accounts 20194,7 M €↑
2018
Annual accounts 2018910 k €↓
2017
Annual accounts 20174,6 M €↑
2016
Annual accounts 2016-1,1 M €↓
2015
Annual accounts 2015-772,5 k €↓
2014
Annual accounts 20145 M €↑
2013
Annual accounts 2013-560,6 k €↓
2012
Annual accounts 20127,6 k €↑
2011
Annual accounts 2011-1,3 M €↓
2010
Annual accounts 2010-221 k €↓
2009
Annual accounts 2009337,4 k €↑
2008
Annual accounts 2008103,6 k €↑
2007
Annual accounts 2007-169,6 k €↑
2006
Annual accounts 2006-272,1 k €
03/07/1991
IncorporationPublic limited company

CANAL PROPERTIES

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