CANNAS SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of CANNAS SERVICES is 2.2% (moderate). The 2024 annual accounts show equity of €29k and a net result of €40k. Equity is growing by ~75.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+94
Solvency70▲+67
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 0.82 in 2023; short-term debt: 54.7% and cash: 18.8% of total assets), but 54.7% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.3%
Return on assets
62.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
42 d late
2022
31 d late
2021
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€29k
2023 · €-11k
2021: €3k
2022: €9k
2023: €-11k
2021 → 2024
Total assets
€65k▲ 30.6%
2023 · €50k
2021: €11k
2022: €27k
2023: €50k
2021 → 2024
Net result
€40k
2023 · €-21k
2021: €199
2022: €6k
2023: €-21k
2021 → 2024
Working capital
€28k
2023 · €-11k
2021: €2k
2022: €9k
2023: €-11k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€3k-€9k▲ 232%€-11k€29k
Operating result€406-€13k▲ 3,194%€-15k€58k
Net result€199-€6k▲ 3,052%€-21k€40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €58k after a loss of €15k in 2023, the highest result in the available series.
Balance-sheet composition
Assets €65k
Fixed assets
€2k
Current assets
€63k
Equity and liabilities €65k
Equity
€29k
Debt
€35k
Debt finances 54.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€58k
Cash flow
€40k
Current ratio
1.78▲
2023 · 0.82
Debt to equity
1.21▲
2023 · -5.46
ROE
137.9%
ROA
62.5%▲
2023 · -42.9%
Interest coverage
5.24
Debt ≤ 1 year
€35k▼
2023 · €61k
Income taxes
€7k
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€50k€65k▲
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Current assets29/58€50k€63k▲
Amounts receivable within one year40/41€44k€51k▲
Trade receivables40€41k€45k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€5k€12k▲
Equity and liabilities
Total equity and liabilities10/49€50k€65k▲
Equity10/15€-11k€29k▲
Contributions10/11€4k€4k=
Reserves13€5k€15k▲
Distributable reserves133€5k€15k▲
Profit (loss) carried forward14€-20k€11k▲
Amounts payable17/49€61k€35k▼
Amounts payable within one year42/48€61k€35k▼
Trade debts44€52k€1k▼
Suppliers440/4€52k€1k▼
Taxes, remuneration and social security45€7k€16k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€3k€9k▲
Other amounts payable47/48€2k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€17
Other operating charges640/8€452€744▲
Gross operating margin9900€-14k€59k▲
Operating profit (loss)9901€-15k€58k▲
Financial income75/76B€56€69▲
Recurring financial income75€56€69▲
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-21k€47k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-21k€40k▲
Profit (loss) for the period to be appropriated9905€-21k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€21k▲
Profit (loss) brought forward from the previous period14P€1k€-20k▼
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.78
Current ratio from 0.82 to 1.78; short-term debt falls from €61k to €35k.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Weakest financial yearnet €-21k ▼440%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg op Mechelen 4551950 KraainemGround area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
CANNAS SERVICES
since 20212.316.016.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 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.
Similar companies · same sector, comparable size
KLOBO
BE 0476.730.155
Mechelen · Eq €29,325
DE FAVERI Christian
BE 0890.037.059
Seraing · Eq €29,329
SPREUTELS DANIEL
BE 0885.686.808
Overijse · Eq €29,306
ANSLOOS VERBOUWINGSWERKEN
BE 1017.200.002
Mechelen · Eq €29,331
PICOLUX TRAVAUX
BE 0567.841.562
Meix-devant-Virton · Eq €29,303
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,407 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 formPrivate limited company
Founded15-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43230Insulation installation
43910Bricklaying and masonry work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.