Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Gross margin
€ 1.5 million
▲ 47% vs 2024
Profit
Growing€ 3 million
▲ 538% vs 2024
Debts
Low€ 23.6 million
▼ 16% vs 2024
CANAL PROPERTIES from Gent, company number BE0444627313, closed financial year 2025 with a result of € 3 million after tax. For that financial year CANAL PROPERTIES recorded a gross margin of € 1.5 million and equity of € 16.7 million. Compared with financial year 2024, the result moved from € 472,691 to € 3 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 May 12, 2026.
What happened at CANAL PROPERTIES?
What happened at CANAL PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Debinco NV stepped down as director. NBB
- Isabelle De Bruyn stepped down as director. NBB
- Ignaas Vandenabeele stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▲ 538% vs 2024). Source: NBB ↗
- Debinco NV became a director. NBB
- Isabelle De Bruyn became a director. NBB
- Ignaas Vandenabeele became a director. NBB
- New establishment in Gent. KBO
In short
From € 218,207 loss in 2021 to € 3 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2021.
Best year ever: 2025, with € 3 million profit.
Paid out € 4.5 million in dividends to the owners in total.
A new publication or filing at CANAL PROPERTIES? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of Immotrion, 100% of Eversite, 100% of Target Invest, 100% of Taft, 50% of Elektrion Land and 50% of Canal Construct itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Gordunakaai 87
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
IMMOTRION same network
€ 236,982 gross margin · 2025
VANDEN BRUYN same network
€ 304,268 gross margin · 2025
DE VOORKANT same network
€ 1.2 million gross margin · 2025
TARGET INVEST same network
€ -1,604 gross margin · 2025
EVERSITE same network
€ -2,696 gross margin · 2025
+4 more
Details
- Company number
- 0444.627.313
- VAT number
- BE 0444.627.313
- Registered office
- Gordunakaai 87, 9000 Gent
- Names & denominations
- CANAL PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1991
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige gespecialiseerde bouwactiviteiten, neg
Handel in eigen onroerend goed
Handel in onroerend goed
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden