ACTIVE

CANAL DEVELOPMENT

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Financial year 2025 · Closed on 31/12/2025

Net result-2,8 k €+48,7 %over 1 year
Gross margin-1,6 k €+66,5 %over 1 year
Equity41,7 k €-6,3 %over 1 year

Identity

Source · BCE/KBO

CANAL DEVELOPMENT is a Private limited company incorporated in 2024. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1006.450.521
Incorporation
26/02/2024
Legal form
Private limited company
Registered office
Nieuwewandeling 62
9000 Gent · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20252024
Income statement
Gross margin-1,6 k €-4,8 k €
EBITDA-1,6 k €-4,8 k €
Operating result-1,6 k €-4,8 k €
Net result-2,8 k €-5,5 k €
Balance sheet
Equity41,7 k €44,5 k €
Total assets49,5 k €51,1 k €
Cash48,2 k €50,1 k €
Debts7,7 k €6,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GLDF II Partners0733.947.134Represented by Nicolas BEARELLE
Director
Ninja Club0698.602.908Represented by Alexandre HUYGHE
Director

Other companies at this address

Nieuwewandeling 62 9000 Gent
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GENTBRUGGE KERKSTRAAT DEVELOPMENT● Active
0543.306.797
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GLDF II Invest● Active
0733.943.867
GLDF II Partners● Active
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Good Life Brasserie● Active
0778.259.605
Good Life Brussels● Active
0793.432.185

Full financial information

Source · NBB
20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202526/02/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months11 months
Filing date15/07/202602/07/2025
General meeting23/06/202623/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202615/07/2026DutchPDF
Abridged model31/12/202423/06/202502/07/2025DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GLDF II Partners0733.947.134Represented by Nicolas BEARELLE
Director
Ninja Club0698.602.908Represented by Alexandre HUYGHE
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other28/02/2024
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings2 filings
Mandates
Ninja Club
GLDF II Partners
202420252026
CANAL DEVELOPMENT
Nieuwewandeling 62, 9000 Gent
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Nieuwewandeling 62, 9000 GentCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00300693

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CANAL DEVELOPMENTCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00300693

Events

  1. 2025
    Annual accounts 2025-2,8 k €↑
  2. 2024
    Annual accounts 2024-5,5 k €
  3. 26/02/2024
    IncorporationPrivate limited company