About Canal Development
Canal Development is a private limited company (BV/SRL) based in Gent, founded in 2024. Its main activity is classified as "Ontwikkeling van residentiële bouwprojecten". For the 2025 financial year, Canal Development reported a loss of €2,802. The loss is smaller than in 2024, when it was €5,461. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€1,609. Equity stands at €41,737, a solvency ratio of 84%. 2 annual accounts are available, covering 2024 to 2025.
- Signals
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Reporting lossesReporting losses € -3K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -3KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -2KEBITDA is negative: operating activities are loss-making.
Low riskLow risk 84.4%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 464.25A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Financial ratios
|
|
2025
|
2024
|
|---|---|---|
|
€
-2K
|
€
-5K
|
|
|
€
-2K
|
€
-5K
|
|
|
€
-3K
|
€
-5K
|
|
|
€
42K
|
€
45K
|
|
|
84.38%
|
87.18%
|
|
|
€
8K
|
€
7K
|
|
|
€
48K
|
€
50K
|
Publications 1
All publicationsFrequently asked questions
Answers to the most common questions about Canal Development, based on official government data and the filed annual accounts.
What is the VAT number of Canal Development?
The VAT number of Canal Development is BE1006.450.521.
When was Canal Development established?
Canal Development was founded in 26-02-2024.
What is the official address of Canal Development?
The official address of Canal Development is Nieuwewandeling 62 Gent 9000.
What is the legal form of Canal Development?
The juridical form of Canal Development is Private limited company (BV/SRL).
What is the annual revenue of Canal Development?
The 2025 accounts of Canal Development do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Canal Development a reliable company?
Canal Development is a registered Rechtspersoon with company number 1006.450.521 and can be verified through the official CBE database.
What is the credit limit of Canal Development?
The estimated credit limit of Canal Development is €2,035.
Is Canal Development still active?
Canal Development currently has the status "Normal situation" and is active.