What does Canalco do?

Canalco is a civil engineering contractor in Grobbendonk. Public Limited, started on 17 September 1969, 1 establishment.

What is the address of Canalco?

The registered office of Canalco is located at 'tVlot 1 box K, 2280 Grobbendonk.

Is Canalco still active?

Yes. According to the CBE (29 October 2026) Canalco is active, legal situation “Normale toestand”, started on 17 September 1969.

Is Canalco registered on Peppol?

Yes, Canalco is registered on the Peppol network with ID 0208:0406867983.

What is the enterprise number of Canalco?

The enterprise number of Canalco is BE0406867983.

When was Canalco founded?

Canalco was founded on 17 September 1969.

Who are the directors of Canalco?

According to the 2025 annual accounts, the directors of Canalco are: Wim NOYENS, Elwin SCHROVEN, Filip HAEVERANS, BOMAN BV, Bertrand JARDINET, Benoit AERTS.

Is Canalco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 September 1969; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did Canalco make in 2025?

Canalco posted a profit after taxes of € 1,398,367 in financial year 2025.

What is the revenue of Canalco?

In its most recent annual accounts (2025), Canalco reported revenue of € 29,127,474.

How much does an employee at Canalco earn?

The average wage cost per full-time employee at Canalco was € 61,000 in 2025: staff costs of € 6 million for 98.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Canalco have?

According to the 2025 annual accounts, Canalco has 98.7 full-time equivalents (FTE).

Canalco (Public Limited) - Grobbendonk - BE0406867983

Dossier Canalco, printed on 29 October 2026 from databakkes.be/en/0406867983/canalco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Canalco from Grobbendonk, company number BE0406867983, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year Canalco recorded revenue of € 29.1 million and equity of € 6.7 million. Compared with financial year 2024, the result moved from € 366,678 to € 1.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.

What it is worth Growing

€ 6.7 million

▲ 26% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.4 million

▲ 281% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 477,260

▼ 83% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 6.3 million.

People and assets in 2025

Full-time equivalents

98.7

▼ 3.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6 million

▲ 14% vs 2024

€ 61,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1.5 million

▲ 41% vs 2024

Of which on lease € 1.5 million.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.2 million

▼ 5% vs 2024

€ 489,238 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6.7 million

▲ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.

Taxes and wages

€ 469,523

▲ 15% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 22,639,923 Revenue 2022: € 22,639,923 First fiscal year in the series	€ 25,247,574 Revenue 2023: € 25,247,574 ▲ 12% vs 2022 (€ 22,639,923) Favourable step	€ 27,203,999 Revenue 2024: € 27,203,999 ▲ 8% vs 2023 (€ 25,247,574) Favourable step	€ 29,127,474 Revenue 2025: € 29,127,474 ▲ 7% vs 2024 (€ 27,203,999) Favourable step	▲ 7%
Profit after taxes	€ 2,281,980 Profit after taxes 2022: € 2,281,980 First fiscal year in the series	€ 2,466,684 Profit after taxes 2023: € 2,466,684 ▲ 8% vs 2022 (€ 2,281,980) Favourable step	€ 366,678 Profit after taxes 2024: € 366,678 ▼ 85% vs 2023 (€ 2,466,684) Unfavourable step	€ 1,398,367 Profit after taxes 2025: € 1,398,367 ▲ 281% vs 2024 (€ 366,678) Favourable step	▲ 281%
Equity	€ 2,467,200 Equity 2022: € 2,467,200 First fiscal year in the series	€ 4,933,883 Equity 2023: € 4,933,883 ▲ 100% vs 2022 (€ 2,467,200) Favourable step	€ 5,300,561 Equity 2024: € 5,300,561 ▲ 7% vs 2023 (€ 4,933,883) Favourable step	€ 6,698,928 Equity 2025: € 6,698,928 ▲ 26% vs 2024 (€ 5,300,561) Favourable step	▲ 26%
Total debts	€ 10,041,030 Total debts 2022: € 10,041,030 First fiscal year in the series	€ 9,219,229 Total debts 2023: € 9,219,229 ▼ 8% vs 2022 (€ 10,041,030) Favourable step	€ 9,307,695 Total debts 2024: € 9,307,695 ▲ 1% vs 2023 (€ 9,219,229) Unfavourable step	€ 10,146,716 Total debts 2025: € 10,146,716 ▲ 9% vs 2024 (€ 9,307,695) Unfavourable step	▲ 9%
Cash	€ 2,607,070 Cash 2022: € 2,607,070 First fiscal year in the series	€ 2,144,449 Cash 2023: € 2,144,449 ▼ 18% vs 2022 (€ 2,607,070) Unfavourable step	€ 2,779,904 Cash 2024: € 2,779,904 ▲ 30% vs 2023 (€ 2,144,449) Favourable step	€ 477,260 Cash 2025: € 477,260 ▼ 83% vs 2024 (€ 2,779,904) Unfavourable step	▼ 83%
Land & buildings	€ 27,009 Land & buildings 2022: € 27,009 First fiscal year in the series	€ 27,009 Land & buildings 2023: € 27,009 Unchanged (€ 27,009) Unchanged	€ 27,009 Land & buildings 2024: € 27,009 Unchanged (€ 27,009) Unchanged	€ 86,839 Land & buildings 2025: € 86,839 ▲ 222% vs 2024 (€ 27,009) Unchanged	▲ 222%
Retained profit	€ 2,020,200 Retained profit 2022: € 2,020,200 First fiscal year in the series	€ 4,486,883 Retained profit 2023: € 4,486,883 ▲ 122% vs 2022 (€ 2,020,200) Favourable step	€ 4,853,561 Retained profit 2024: € 4,853,561 ▲ 8% vs 2023 (€ 4,486,883) Favourable step	€ 6,251,928 Retained profit 2025: € 6,251,928 ▲ 29% vs 2024 (€ 4,853,561) Favourable step	▲ 29%
Dividend	€ 2,500,000 Dividend 2022: € 2,500,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 2,500,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 351,595 Bank debt 2022: € 351,595 First fiscal year in the series	€ 613,121 Bank debt 2023: € 613,121 ▲ 74% vs 2022 (€ 351,595) Unfavourable step	€ 1,262,080 Bank debt 2024: € 1,262,080 ▲ 106% vs 2023 (€ 613,121) Unfavourable step	€ 1,195,491 Bank debt 2025: € 1,195,491 ▼ 5% vs 2024 (€ 1,262,080) Favourable step	▼ 5%
Balance sheet total	€ 12,560,517 Balance sheet total 2022: € 12,560,517 First fiscal year in the series	€ 14,200,900 Balance sheet total 2023: € 14,200,900 ▲ 13% vs 2022 (€ 12,560,517) Unchanged	€ 14,615,544 Balance sheet total 2024: € 14,615,544 ▲ 3% vs 2023 (€ 14,200,900) Unchanged	€ 16,872,932 Balance sheet total 2025: € 16,872,932 ▲ 15% vs 2024 (€ 14,615,544) Unchanged	▲ 15%
Employees (FTE)	94.3 Employees (FTE) 2022: 94.3 First fiscal year in the series	96.8 Employees (FTE) 2023: 96.8 ▲ 2.5 vs 2022 (94.3) Unchanged	101.8 Employees (FTE) 2024: 101.8 ▲ 5 vs 2023 (96.8) Unchanged	98.7 Employees (FTE) 2025: 98.7 ▼ 3.1 vs 2024 (101.8) Unchanged	▼ 3.1

Key figures of Canalco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to Canalco?

What happened at Canalco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Wim NOYENS stepped down as director. NBB
2030 Bertrand JARDINET stepped down as director. NBB
2030 Benoit AERTS stepped down as director. NBB
Apr 1, 2026 New annual accounts for financial year 2025: profit of € 1.4 million (▲ 281% vs 2024). Source: NBB ↗
2025 Wim NOYENS became a director. NBB
2025 Elwin SCHROVEN stepped down as director. NBB
2025 Filip HAEVERANS stepped down as director. NBB
2025 Bertrand JARDINET became a director. NBB

In short

From € 2.3 million profit in 2022 to € 1.4 million profit in 2025.

Paid € 2.2 million in corporate taxes since 2022.

Best year ever: 2023, with € 2.5 million profit.

Paid out € 2.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Canalfin Infra Group NV 100%

Canalco

ABBA 100%

The shares are held by Canalfin Infra Group NV (100%). It owns 100% of ABBA itself.

Directors

According to the 2025 annual accounts

Wim NOYENS

Director

since 2025 · until 2031

Elwin SCHROVEN

Director

Also active at: E&NA-Concepts

since 2019 · until 2025

Filip HAEVERANS

Director

Also active at: TANNA

since 2019 · until 2025

BOMAN BV

Director · represented by BAECK Ilse

since 2019 · until 2025

Bertrand JARDINET

Managing director

Also active at: DRILLING SOLUTIONS

since 2025 · until 2030

Benoit AERTS

Director

Also active at: ABBA

since 2025 · until 2030

Shareholders

Canalfin Infra Group NV

100%

Participations

ABBA

100%

Establishments

Establishment units

Physical locations of this company

Registered office

'tVlot 1 box K

2280 Grobbendonk

2.002.785.427

'tVlot 1

2280 Grobbendonk

Active since 25 July 1997

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

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€ 26,706 gross margin · 2025

CANALCO-NIJKAMP

THV CANALCO-NIJKAMP

Drillmat - Drilling Solutions

+1 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

0406.867.983

VAT number

BE 0406.867.983

Registered office

'tVlot 1 bus K, 2280 Grobbendonk

Names & denominations

Canalco

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 September 1969

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Bouw van water- en gasdistributienetten

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen

View on CBE Public ↗ Annual accounts (NBB) ↗

Canalco

Financials

What happened to Canalco?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions