Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Canal Logistic Center from Vilvoorde, company number BE0406209967, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Canal Logistic Center recorded a gross margin of € 2.4 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.5 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 2.1 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 252,561
▲ € 237,056 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.7 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 170,894
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,685
▼ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,876,854 | € 2,276,646 | € 2,174,087 | € 2,426,901 | ▲ 12% |
| Profit after taxes | € 1,028,553 | € 1,432,217 | € 1,358,519 | € 1,547,888 | ▲ 14% |
| Equity | € 1,864,617 | € 1,864,617 | € 2,223,136 | € 2,071,023 | ▼ 7% |
| Total debts | € 2,053,380 | € 1,723,896 | € 1,331,891 | € 1,966,072 | ▲ 48% |
| Cash | € 202,717 | € 59,150 | € 15,505 | € 252,561 | ▲ € 237,056 |
| Land & buildings | € 2,398,312 | € 2,319,607 | € 2,144,151 | € 2,422,496 | ▲ 13% |
| Retained profit | € 364,617 | € 364,617 | € 723,136 | € 571,023 | ▼ 21% |
| Dividend | € 1,028,553 | € 1,432,217 | € 1,000,000 | € 1,700,000 | ▲ 70% |
| Bank debt | € 492,566 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 3,917,996 | € 3,588,513 | € 3,555,026 | € 4,037,095 | ▲ 14% |
Key figures of Canal Logistic Center, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Canal Logistic Center?
What happened at Canal Logistic Center in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Van der Beken stepped down as director. NBB
- Lien Standaert stepped down as director. NBB
- Hans Ongena stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 14% vs 2024). Source: NBB ↗
- Philippe Van der Beken became a director. NBB
- Lien Standaert became a director. NBB
- Hans Ongena became a director. NBB
- New establishment in Vilvoorde. KBO
In short
From € 1 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
Paid out € 5.2 million in dividends to the owners in total.
A new publication or filing at Canal Logistic Center? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Celogix Belgium Properties NV (100%).
Directors
According to the 2025 annual accounts
Lien Standaert
Director
Also active at: BEL ASTRE, MECHELEN ZUID INVESTMENTS, MECHELEN ZUID LOGISTICS, MECHELEN ZUID PROJECTS, MECHELEN ZUID Estate, C€LOGIX BELGIUM PROPERTIES, GELF Arbo Logistics (Belgium), GOODMAN VILVOORDE LOGISTICS (BELGIUM) +7 more
since 2024 · until 2030
Hans Ongena
Director
Also active at: BEL ASTRE, MECHELEN ZUID INVESTMENTS, MECHELEN ZUID LOGISTICS, MECHELEN ZUID PROJECTS, MECHELEN ZUID Estate, C€LOGIX BELGIUM PROPERTIES, GELF Arbo Logistics (Belgium), JUPITER LOGISTIC HOLDING +2 more
since 2021 · until 2027
Philippe Van der Beken
Director
Also active at: BEL ASTRE, MECHELEN ZUID INVESTMENTS, MECHELEN ZUID LOGISTICS, MECHELEN ZUID PROJECTS, MECHELEN ZUID Estate, C€LOGIX BELGIUM PROPERTIES, GELF Arbo Logistics (Belgium), GOODMAN VILVOORDE LOGISTICS (BELGIUM) +8 more
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Medialaan 50
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →BACARDI - MARTINI BELGIUM
€ 81 million revenue · 2025
CARRO INVEST WAREHOUSING
€ 2.5 million gross margin · 2025
ORACLE BELGIUM
€ 58.1 million revenue · 2025
OGEDA
€ 5.9 million gross margin · 2025
BEL ASTRE same network
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.209.967
- VAT number
- BE 0406.209.967
- Registered office
- Medialaan 50, 1800 Vilvoorde
- Names & denominations
- Canal Logistic Center
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1968
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in onroerend goed
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Holdings