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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Canivet frères from Saint-Ghislain, company number BE0419322585, closed financial year 2024 with a result of € 66,927 after tax. For that financial year Canivet frères recorded a gross margin of € 84,525 and equity of € -41,024. Compared with financial year 2023, the result moved from € -33,794 to € 66,927. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2025.
€ -41,024
▲ € 66,927 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,927
▲ still € 33,794 loss in 2023
Profit after tax over the fiscal year.
€ 4,922
▼ 56% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -190,024.
People and assets in 2024
€ 13,021
▼ 75% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 40,000
Loans from banks and other lenders, long and short.
€ 158,621
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,989
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 55,697 | € 30,956 | € 26,265 | € 84,525 | ▲ 222% |
| Profit after taxes | € -51,503 | € -29,510 | € -33,794 | € 66,927 | ▲ € 100,721 |
| Equity | € -44,598 | € -74,158 | € -107,952 | € -41,024 | ▲ € 66,927 |
| Total debts | € 346,327 | € 251,376 | € 274,237 | € 254,476 | ▼ 7% |
| Cash | € 2,303 | € 7,869 | € 11,127 | € 4,922 | ▼ 56% |
| Land & buildings | € 78,115 | € 78,115 | € 78,115 | € 78,115 | |
| Retained profit | € -193,598 | € -223,158 | € -256,952 | € -190,024 | ▲ € 66,927 |
| Bank debt | € 40,000 | € 40,000 | € 40,000 | € 40,000 | |
| Balance sheet total | € 301,729 | € 177,218 | € 166,285 | € 213,452 | ▲ 28% |
Key figures of Canivet frères, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Canivet frères?
What happened at Canivet frères in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 66,927. filed late Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,503 loss in 2021 to € 66,927 profit in 2024.
Best year ever: 2024, with € 66,927 profit.
Establishments
Establishment units
Physical locations of this company
Avenue Louis Goblet(B) 10
7331 Saint-Ghislain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.322.585
- VAT number
- BE 0419.322.585
- Registered office
- Avenue Louis Goblet(B) 10, 7331 Saint-Ghislain
- Names & denominations
- Canivet frères
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 1979
- Peppol
- Active · Active since 19 Dec 2025
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