CANICULE
ActiveSummary
CANICULE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221k and a net result of €-11k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 35% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-51
Solvency62▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.29 in 2024; short-term debt: 21.4% and cash: 1.9% of total assets), and 62.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
71 d early
2023
70 d early
2022
69 d early
2021
72 d early
2020
27 d late
2019
53 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€221k▼ 4.7%
2024 · €232k
2018: €190k
2019: €193k
2020: €78k
2021: €97k
2022: €142k
2023: €188k
2024: €232k
2018 → 2025
Total assets
€593k▼ 13.8%
2024 · €688k
2018: €335k
2019: €299k
2020: €214k
2021: €226k
2022: €493k
2023: €472k
2024: €688k
2018 → 2025
Net result
€-11k
2024 · €43k
2018: €12k
2019: €3k
2020: €-115k
2021: €19k
2022: €45k
2023: €46k
2024: €43k
2018 → 2025
Working capital
€-45k▲ 63.7%
2024 · €-124k
2018: €74k
2019: €47k
2020: €-87k
2021: €-76k
2022: €-78k
2023: €-147k
2024: €-124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€142k▲ 46.0%€188k▲ 32.2%€232k▲ 23.1%€221k▼ 4.7%
Operating result€26k-€64k▲ 149%€76k▲ 19.6%€85k▲ 12.1%€85k▼ 0.7%
Net result€19k-€45k▲ 132%€46k▲ 2.1%€43k▼ 5.2%€-11k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €593k
Fixed assets
€511k ▼ 19.7%
Current assets
€82k ▲ 58.8%
Equity and liabilities €593k
Equity
€221k ▼ 4.7%
Debt
€372k ▼ 18.4%
Debt's share of the balance-sheet total falls from 66.3% to 62.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€89k▼
2024 · €90k
Cash flow
€-6k▼
2024 · €48k
Current ratio
0.65▲
2024 · 0.29
Debt to equity
1.68▼
2024 · 1.97
ROE
-4.9%▼
2024 · 18.7%
ROA
-1.8%▼
2024 · 6.3%
Interest coverage
0.64▼
2024 · 5.53
Debt ≤ 1 year
€127k▼
2024 · €175k
Debt > 1 year
€245k▼
2024 · €280k
Income taxes
€17k▼
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€688k€593k▼
Fixed assets21/28€636k€511k▼
Tangible fixed assets22/27€19k€18k▼
Plant, machinery and equipment23€423€330▼
Furniture and vehicles24€7k€7k▼
Other tangible fixed assets26€11k€11k▲
Financial fixed assets28€617k€492k▼
Current assets29/58€52k€82k▲
Amounts receivable within one year40/41€51k€70k▲
Trade receivables40€46k€20k▼
Other amounts receivable41€5k€50k▲
Cash at bank and in hand54/58€105€11k▲
Deferred charges and accrued income490/1€779€943▲
Equity and liabilities
Total equity and liabilities10/49€688k€593k▼
Equity10/15€232k€221k▼
Contributions10/11€134k€134k=
Capital10€134k€134k=
Issued capital100€134k€134k=
Reserves13€98k€98k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€79k€79k=
Profit (loss) carried forward14-€-11k
Amounts payable17/49€456k€372k▼
Amounts payable after more than one year17€280k€245k▼
Financial debts170/4€280k€245k▼
Amounts payable within one year42/48€175k€127k▼
Current portion of amounts payable after more than one year42€106k€116k▲
Trade debts44€11k€4k▼
Suppliers440/4€11k€4k▼
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€14k€7k▼
Other amounts payable47/48€44k€0▼
Accrued charges and deferred income492/3€152€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€91k€91k▼
Operating profit (loss)9901€85k€85k▼
Financial income75/76B€188€60k▲
Recurring financial income75€188€60k▲
Financial charges65/66B€16k€139k▲
Recurring financial charges65€16k€139k▲
Profit (loss) for the period before taxes9903€69k€6k▼
Income taxes67/77€26k€17k▼
Profit (loss) for the period9904€43k€-11k▼
Profit (loss) for the period to be appropriated9905€43k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€-11k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€43k€0▼
To other reserves6921€43k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €232k ▲23.1%
4 profitable years in a row build equity to €232k.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €46k ▲2.1%
Net result €46k, the highest in the series.
31-12
Financial
Equity above €150kEq €188k ▲32.2%
3 profitable years in a row build equity to €188k.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €142k ▲46%
2 profitable years in a row build equity to €142k.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-115k ▼3679%
Net result drops to €-115k, the lowest in the series; recovery starts the following year.
Show earlier events
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 132 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 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, Gent · 1 establishment unit since 1998
Ground area
175 m²
Building footprint
81 m²
Volume, LiDAR
1,145 m³
Parcel 44808H0019/00T000, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CANICULE
since 19982.086.298.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0019/00T000 | Flanders | 175 m² | 1 · 81 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-03-1998
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.