Canette
ActiveSummary
Canette has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.05M and a net result of €70k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 9.39 against 9.03 in 2024; short-term debt: 4.6% and cash: 10.2% of total assets), and 4.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.4%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
13 d early
2023
16 d early
2022
14 d late
2021
23 d late
2020
1 d early
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70k▲ 15.6%
2024 · €61k
2018: €78k
2019: €89k▲ +14.8% vs 2018
2020: €100k▲ +12.6% vs 2019
2021: €116k▲ +15.8% vs 2020
2022: €81k▼ -29.9% vs 2021
2023: €136k▲ +67.3% vs 2022highest in 8 years
2024: €61k▼ -55.5% vs 2023lowest in 8 years
2025: €70k▲ +15.6% vs 2024
2018 → 2025
Working capital
€823k▲ 22.7%
2024 · €670k
2018: €-334klowest in 8 years
2019: €-128k▲ +61.5% vs 2018
2020: €-88k▲ +31.7% vs 2019
2021: €143k▲ +263% vs 2020
2022: €333k▲ +133% vs 2021
2023: €579k▲ +73.7% vs 2022
2024: €670k▲ +15.8% vs 2023
2025: €823k▲ +22.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.71M-€1.79M▲ 4.5%€1.92M▲ 7.4%€1.98M▲ 3.2%€2.05M▲ 3.2%
2021: €1.71Mlowest in 5 years
2022: €1.79M▲ +4.5% vs 2021
2023: €1.92M▲ +7.4% vs 2022
2024: €1.98M▲ +3.2% vs 2023
2025: €2.05M▲ +3.2% vs 2024highest in 5 years
Operating result€148k-€122k▼ 17.8%€203k▲ 66.0%€79k▼ 61.2%€92k▲ 16.6%
2021: €148k
2022: €122k▼ -17.8% vs 2021
2023: €203k▲ +66.0% vs 2022highest in 5 years
2024: €79k▼ -61.2% vs 2023lowest in 5 years
2025: €92k▲ +16.6% vs 2024
Net result€116k-€81k▼ 29.9%€136k▲ 67.3%€61k▼ 55.5%€70k▲ 15.6%
2021: €116k
2022: €81k▼ -29.9% vs 2021
2023: €136k▲ +67.3% vs 2022highest in 5 years
2024: €61k▼ -55.5% vs 2023lowest in 5 years
2025: €70k▲ +15.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€1.23M ▼ 6.7%
Current assets
€921k ▲ 22.1%
Equity and liabilities €2.15M
Equity
€2.05M ▲ 3.2%
Debt
€98k ▲ 17.4%
Debt's share of the balance-sheet total rises from 4.0% to 4.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€192k▲
2024 · €190k
Cash flow
€170k▼
2024 · €172k
Current ratio
9.39▲
2024 · 9.03
Quick ratio
4.34▲
2024 · 4.05
Debt to equity
0.05▲
2024 · 0.04
ROE
3.4%▲
2024 · 3.1%
ROA
3.3%▲
2024 · 2.9%
Interest coverage
392.73▲
2024 · 359.67
Debt ≤ 1 year
€98k▲
2024 · €83k
Income taxes
€31k▲
2024 · €26k
Staff costs
€29k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.07M€2.15M▲
Fixed assets21/28€1.31M€1.23M▼
Tangible fixed assets22/27€1.30M€1.21M▼
Land and buildings22€1.16M€1.12M▼
Plant, machinery and equipment23€66k€48k▼
Furniture and vehicles24€74k€46k▼
Financial fixed assets28€17k€17k=
Current assets29/58€754k€921k▲
Stocks and contracts in progress3€416k€495k▲
Stocks30/36€416k€495k▲
Amounts receivable within one year40/41€214k€194k▼
Trade receivables40€191k€168k▼
Other amounts receivable41€23k€26k▲
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€112k€219k▲
Deferred charges and accrued income490/1€6k€6k=
Equity and liabilities
Total equity and liabilities10/49€2.07M€2.15M▲
Equity10/15€1.98M€2.05M▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€1.79M€1.86M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€1.78M€1.85M▲
Investment grants15€132k€126k▼
Amounts payable17/49€83k€98k▲
Amounts payable within one year42/48€83k€98k▲
Trade debts44€27k€45k▲
Suppliers440/4€27k€45k▲
Taxes, remuneration and social security45€46k€41k▼
Taxes450/3€34k€36k▲
Remuneration and social security454/9€12k€6k▼
Other amounts payable47/48€10k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€26k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€100k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€221k€222k▲
Operating profit (loss)9901€79k€92k▲
Financial income75/76B€9k€10k▲
Recurring financial income75€7k€10k▲
Non-recurring financial income76B€2k-
Financial charges65/66B€529€488▼
Recurring financial charges65€529€488▼
Profit (loss) for the period before taxes9903€87k€102k▲
Income taxes67/77€26k€31k▲
Profit (loss) for the period9904€61k€70k▲
Profit (loss) for the period to be appropriated9905€61k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€70k▲
Transfer to equity691/2€61k€70k▲
To other reserves6921€61k€70k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6k | €30k | €22k | €26k | €29k | ▲ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €138k | €116k | €104k | €112k | €100k | ▼ 10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €86k | - | - | - | - |
| Other operating charges640/8 | €5k | €6k | €3k | €4k | €2k | ▼ 59.9% |
| Gross operating margin9900 | €297k | €360k | €333k | €221k | €222k | ▲ 0.7% |
| Operating profit (loss)9901 | €148k | €122k | €203k | €79k | €92k | ▲ 16.6% |
| Financial income75/76B | €22k | €5k | €4k | €9k | €10k | ▲ 19.7% |
| Recurring financial income75 | €10k | €5k | €4k | €7k | €10k | ▲ 51.7% |
| Non-recurring financial income76B | €12k | - | - | €2k | - | - |
| Financial charges65/66B | €6k | €7k | €4k | €529 | €488 | ▼ 7.7% |
| Recurring financial charges65 | €6k | €7k | €4k | €529 | €488 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €165k | €119k | €203k | €87k | €102k | ▲ 17.0% |
| Income taxes67/77 | €48k | €38k | €66k | €26k | €31k | ▲ 20.3% |
| Profit (loss) for the period9904 | €116k | €81k | €136k | €61k | €70k | ▲ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €116k | €81k | €136k | €61k | €70k | ▲ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.28M | €2.26M | €2.13M | €2.07M | €2.15M | ▲ 3.8% |
| Fixed assets21/28 | €1.57M | €1.46M | €1.36M | €1.31M | €1.23M | ▼ 6.7% |
| Intangible fixed assets21 | €2k | €576 | - | - | - | - |
| Tangible fixed assets22/27 | €1.55M | €1.44M | €1.34M | €1.30M | €1.21M | ▼ 6.7% |
| Land and buildings22 | €1.28M | €1.24M | €1.20M | €1.16M | €1.12M | ▼ 3.6% |
| Plant, machinery and equipment23 | €165k | €131k | €96k | €66k | €48k | ▼ 26.7% |
| Furniture and vehicles24 | €104k | €69k | €47k | €74k | €46k | ▼ 37.5% |
| Financial fixed assets28 | €16k | €16k | €17k | €17k | €17k | = |
| Current assets29/58 | €708k | €805k | €775k | €754k | €921k | ▲ 22.1% |
| Stocks and contracts in progress3 | €201k | €297k | €360k | €416k | €495k | ▲ 19.1% |
| Stocks30/36 | €201k | €297k | €360k | €416k | €495k | ▲ 19.1% |
| Amounts receivable within one year40/41 | €249k | €237k | €381k | €214k | €194k | ▼ 9.2% |
| Trade receivables40 | €249k | €215k | €359k | €191k | €168k | ▼ 12.2% |
| Other amounts receivable41 | - | €22k | €22k | €23k | €26k | ▲ 15.9% |
| Current investments50/53 | €12k | €12k | €5k | €5k | €5k | = |
| Cash at bank and in hand54/58 | €239k | €241k | €29k | €112k | €219k | ▲ 95.3% |
| Deferred charges and accrued income490/1 | €6k | €18k | - | €6k | €6k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.28M | €2.26M | €2.13M | €2.07M | €2.15M | ▲ 3.8% |
| Equity10/15 | €1.71M | €1.79M | €1.92M | €1.98M | €2.05M | ▲ 3.2% |
| Contributions10/11 | €65k | €65k | €65k | €65k | €65k | = |
| Capital10 | €65k | €65k | €65k | €65k | €65k | = |
| Issued capital100 | €65k | €65k | €65k | €65k | €65k | = |
| Reserves13 | €1.51M | €1.59M | €1.73M | €1.79M | €1.86M | ▲ 3.9% |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | €7k | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €1.50M | €1.58M | €1.72M | €1.78M | €1.85M | ▲ 3.9% |
| Investment grants15 | €140k | €136k | €131k | €132k | €126k | ▼ 4.3% |
| Amounts payable17/49 | €565k | €472k | €211k | €83k | €98k | ▲ 17.4% |
| Amounts payable within one year42/48 | €565k | €472k | €196k | €83k | €98k | ▲ 17.4% |
| Financial debts43 | €433k | €333k | - | - | - | - |
| Credit institutions430/8 | €433k | €333k | - | - | - | - |
| Trade debts44 | €74k | €77k | €101k | €27k | €45k | ▲ 63.9% |
| Suppliers440/4 | €74k | €77k | €101k | €27k | €45k | ▲ 63.9% |
| Taxes, remuneration and social security45 | €44k | €50k | €84k | €46k | €41k | ▼ 10.6% |
| Taxes450/3 | €36k | €40k | €73k | €34k | €36k | ▲ 4.5% |
| Remuneration and social security454/9 | €8k | €10k | €11k | €12k | €6k | ▼ 53.3% |
| Other amounts payable47/48 | €14k | €12k | €11k | €10k | €12k | ▲ 19.8% |
| Accrued charges and deferred income492/3 | - | - | €15k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €116k | €81k | €136k | €61k | €70k | ▲ 15.6% |
| + Depreciation and write-downs630 | €138k | €116k | €104k | €112k | €100k | ▼ 10.4% |
| Operating cash flow (approximation) | €254k | €197k | €241k | €172k | €170k | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | €-3k | €-6k | €-67k | €-13k | ▲ 81.1% |
| Change in cash | - | €2k | €-212k | €83k | €107k | ▲ 28.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 17 days late
2025
31-12
Financial
Equity above €2MEq €2.05M ▲3.2%
8 profitable years in a row build equity to €2.05M.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €61k ▼55.5%
Net result drops to €61k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 9.03
Current ratio from 3.95 to 9.03; short-term debt falls from €196k to €83k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €136k ▲67.3%
Operating result €203k, net result €136k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.95
Current ratio from 1.71 to 3.95; short-term debt falls from €472k to €196k.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 14 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
Show earlier events
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 1991
Ground area
727 m²
Building footprint
713 m²
Volume, LiDAR
7,423 m³
Parcel 21812N0110/00L014, Brussels · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
CANETTE
since 19912.052.027.773
de Witte de Haelenstraat 18-20, 1000 Brussel
since 20182.274.689.887
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0110/00L014 | Brussels | 727 m² | 1 · 713 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrussel2.274.689.887
Brussel2.052.027.773
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Of 2,475 companies in sector 47279 we hold annual accounts for 949. 215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47279Other retail sale of food
47252Retail sale of beverages, general range
Scores and ratios are computed by Checked and are not a credit decision.