Active · per the CBE, 31 October 2026

CANAL OOST

BE0427798110

Rechtspersoon Private limited company 3 establishments

CANAL OOST is a bar in Oostende. Private Limited, started on 6 September 1985, 3 establishments.

Hendrik Serruyslaan 18 box a, 8400 Oostende

Behind the company: Laurence Van Cauter, David Meert.

Active for

41 year, 1 month

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

CANAL OOST from Oostende, company number BE0427798110, closed financial year 2025 with a result of € -23,252 after tax. For that financial year CANAL OOST recorded a gross margin of € 1.8 million and equity of € 225,704. Compared with financial year 2024, the result moved from € 117,655 to € -23,252. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.

What it is worth Healthy

€ 225,704

▼ 9% vs 2024

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

Loss Caution

€ -23,252

▼ still € 117,655 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 189,646

▼ 17% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 207,112.

People and assets in 2025

Full-time equivalents

31.1

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

Wage cost

€ 1.7 million

▲ 11% vs 2024

€ 54,900 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

€ 55,459

▼ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 143,464

▲ 53% vs 2024

€ 45,694 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 320,870

▲ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 182,144

▼ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,190,312 € 1,487,284 € 1,780,072 € 1,771,251
Profit after taxes € 105,719 € 16,709 € 117,655 € -23,252 ▼ € 140,906
Equity € 181,477 € 131,300 € 248,955 € 225,704 ▼ 9%
Total debts € 396,371 € 495,354 € 522,128 € 650,017 ▲ 24%
Cash € 88,647 € 126,741 € 229,136 € 189,646 ▼ 17%
Land & buildings € 22,652 € 10,834 € 0 -
Retained profit € 162,885 € 112,708 € 230,363 € 207,112 ▼ 10%
Dividend € 39,000 € 66,885 € 0 € 0
Bank debt € 192,573 € 143,648 € 93,660 € 143,464 ▲ 53%
Balance sheet total € 577,848 € 626,654 € 771,083 € 875,720 ▲ 14%
Employees (FTE) 23 - - 31.1

Key figures of CANAL OOST, 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 CANAL OOST?

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

  • New annual accounts for financial year 2025: loss of € 23,252 (▼ € 140,906 vs 2024). Source: NBB ↗
  • New establishment in Gent. KBO
  • New establishment in Oostende. KBO
  • Start of the company according to the CBE. KBO
  • New establishment in Oostende. KBO

In short

From € 105,719 profit in 2022 to € 23,252 loss in 2025.

Paid € 79,838 in corporate taxes since 2022.

Best year ever: 2024, with € 117,655 profit.

On average € 57,000 of value added per employee in 2025.

Management

Laurence Van Cauter David Meert
CANAL OOST

Behind CANAL OOST are Laurence Van Cauter and David Meert. David Meert is also behind DUBBEL C..

Directors

According to the 2025 annual accounts

Laurence Van Cauter

Director

David Meert

Director

Also active at: DUBBEL C.

Establishments

Establishment units

Physical locations of this company

Registered office

Hendrik Serruyslaan 18 box a

8400 Oostende

2.028.364.129

Hendrik Serruyslaan 18 box A

8400 Oostende

Active since 14 November 1963

2.331.908.407

Wittenonnenstraat 63

8400 Oostende

Active since 1 July 2022

2.365.717.855

Kouter 159

9000 Gent

Active since 1 October 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0427.798.110
VAT number
BE 0427.798.110
Registered office
Hendrik Serruyslaan 18 bus a, 8400 Oostende
Names & denominations
CANAL OOST
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
6 September 1985
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Cafés en bars

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Catering van evenementen

Vervaardiging van bereide maaltijden en schotels

Frequently asked questions

What does CANAL OOST do?
CANAL OOST is a bar in Oostende. Private Limited, started on 6 September 1985, 3 establishments.
What is the address of CANAL OOST?
The registered office of CANAL OOST is located at Hendrik Serruyslaan 18 box a, 8400 Oostende.
Is CANAL OOST still active?
Yes. According to the CBE (31 October 2026) CANAL OOST is active, legal situation “Normale toestand”, started on 6 September 1985.
Is CANAL OOST registered on Peppol?
Yes, CANAL OOST is registered on the Peppol network with ID 0208:0427798110.
What is the enterprise number of CANAL OOST?
The enterprise number of CANAL OOST is BE0427798110.
When was CANAL OOST founded?
CANAL OOST was founded on 6 September 1985.