CANAL is registered with the CBE as active in: Groothandel in metalen en metaalertsen. Private Limited, started on 21 September 1994, 1 establishment.

What is the address of CANAL?

The registered office of CANAL is located at Fortsesteenweg 52 box A, 2860 Sint-Katelijne-Waver.

Is CANAL still active?

Yes. According to the CBE (30 October 2026) CANAL is active, legal situation “Normale toestand”, started on 21 September 1994.

Is CANAL registered on Peppol?

Yes, CANAL is registered on the Peppol network with ID 0208:0453478364.

What is the enterprise number of CANAL?

The enterprise number of CANAL is BE0453478364.

When was CANAL founded?

CANAL was founded on 21 September 1994.

Who are the directors of CANAL?

According to the 2025 annual accounts, the directors of CANAL are: Merlion Investments BV, Wipola Consulting BV.

Is CANAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 September 1994; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CANAL make in 2025?

CANAL posted a profit after taxes of € 913,252 in financial year 2025.

What is the revenue of CANAL?

As a small company, CANAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,679,125.

How much does an employee at CANAL earn?

The average wage cost per full-time employee at CANAL was € 75,100 in 2025: staff costs of € 443,099 for 5.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CANAL have?

According to the 2025 annual accounts, CANAL has 5.9 full-time equivalents (FTE).

CANAL (Private Limited) - Sint-Katelijne-Waver

Dossier CANAL, printed on 30 October 2026 from databakkes.be/en/0453478364/canal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CANAL from Sint-Katelijne-Waver, company number BE0453478364, closed financial year 2025 with a result of € 913,252 after tax. For that financial year CANAL recorded a gross margin of € 1.7 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 1.1 million to € 913,252. The company is profitable. 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 10, 2026.

What it is worth Growing

€ 2.2 million

▲ 1% vs 2024

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

Profit Healthy

€ 913,252

▼ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.8 million

▲ 126% vs 2024

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

Where the profit goes Pays out

€ 900,000 paid out

99 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

5.9

▲ 2.1 vs 2024

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

Wage cost

€ 443,099

▲ 52% vs 2024

€ 75,100 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

€ 19,254

▲ € 16,852 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 660,132

▲ 42% vs 2024

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

Taxes and wages

€ 213,391

▲ 96% 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
Gross margin	€ 1,081,055 Gross margin 2022: € 1,081,055 First fiscal year in the series	€ 924,399 Gross margin 2023: € 924,399 ▼ 14% vs 2022 (€ 1,081,055) Unfavourable step	€ 1,626,353 Gross margin 2024: € 1,626,353 ▲ 76% vs 2023 (€ 924,399) Favourable step	€ 1,679,125 Gross margin 2025: € 1,679,125 ▲ 3% vs 2024 (€ 1,626,353) Favourable step	▲ 3%
Profit after taxes	€ 759,455 Profit after taxes 2022: € 759,455 First fiscal year in the series	€ 654,617 Profit after taxes 2023: € 654,617 ▼ 14% vs 2022 (€ 759,455) Unfavourable step	€ 1,133,152 Profit after taxes 2024: € 1,133,152 ▲ 73% vs 2023 (€ 654,617) Favourable step	€ 913,252 Profit after taxes 2025: € 913,252 ▼ 19% vs 2024 (€ 1,133,152) Unfavourable step	▼ 19%
Equity	€ 1,609,350 Equity 2022: € 1,609,350 First fiscal year in the series	€ 1,663,966 Equity 2023: € 1,663,966 ▲ 3% vs 2022 (€ 1,609,350) Favourable step	€ 2,197,119 Equity 2024: € 2,197,119 ▲ 32% vs 2023 (€ 1,663,966) Favourable step	€ 2,222,766 Equity 2025: € 2,222,766 ▲ 1% vs 2024 (€ 2,197,119) Favourable step	▲ 1%
Total debts	€ 1,293,437 Total debts 2022: € 1,293,437 First fiscal year in the series	€ 1,594,659 Total debts 2023: € 1,594,659 ▲ 23% vs 2022 (€ 1,293,437) Unfavourable step	€ 1,195,679 Total debts 2024: € 1,195,679 ▼ 25% vs 2023 (€ 1,594,659) Favourable step	€ 1,773,523 Total debts 2025: € 1,773,523 ▲ 48% vs 2024 (€ 1,195,679) Unfavourable step	▲ 48%
Cash	€ 1,493,411 Cash 2022: € 1,493,411 First fiscal year in the series	€ 826,454 Cash 2023: € 826,454 ▼ 45% vs 2022 (€ 1,493,411) Unfavourable step	€ 793,713 Cash 2024: € 793,713 ▼ 4% vs 2023 (€ 826,454) Unfavourable step	€ 1,794,751 Cash 2025: € 1,794,751 ▲ 126% vs 2024 (€ 793,713) Favourable step	▲ 126%
Retained profit	€ 1,490,361 Retained profit 2022: € 1,490,361 First fiscal year in the series	€ 1,544,978 Retained profit 2023: € 1,544,978 ▲ 4% vs 2022 (€ 1,490,361) Favourable step	€ 2,078,130 Retained profit 2024: € 2,078,130 ▲ 35% vs 2023 (€ 1,544,978) Favourable step	€ 2,103,777 Retained profit 2025: € 2,103,777 ▲ 1% vs 2024 (€ 2,078,130) Favourable step	▲ 1%
Dividend	€ 600,000 Dividend 2022: € 600,000 First fiscal year in the series	€ 600,000 Dividend 2023: € 600,000 Unchanged (€ 600,000) Unchanged	€ 600,000 Dividend 2024: € 600,000 Unchanged (€ 600,000) Unchanged	€ 900,000 Dividend 2025: € 900,000 ▲ 50% vs 2024 (€ 600,000) Unchanged	▲ 50%
Bank debt	€ 43,449 Bank debt 2022: € 43,449 First fiscal year in the series	€ 43,091 Bank debt 2023: € 43,091 ▼ 1% vs 2022 (€ 43,449) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 43,091) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 2,902,786 Balance sheet total 2022: € 2,902,786 First fiscal year in the series	€ 3,258,625 Balance sheet total 2023: € 3,258,625 ▲ 12% vs 2022 (€ 2,902,786) Unchanged	€ 3,392,798 Balance sheet total 2024: € 3,392,798 ▲ 4% vs 2023 (€ 3,258,625) Unchanged	€ 3,996,289 Balance sheet total 2025: € 3,996,289 ▲ 18% vs 2024 (€ 3,392,798) Unchanged	▲ 18%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	3.8 Employees (FTE) 2024: 3.8 ▲ 2.8 vs 2023 (1) Unchanged	5.9 Employees (FTE) 2025: 5.9 ▲ 2.1 vs 2024 (3.8) Unchanged	▲ 2.1

Key figures of CANAL, 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?

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

Apr 10, 2026 New annual accounts for financial year 2025: profit of € 913,252 (▼ 19% vs 2024). Source: NBB ↗
2018 Merlion Investments BV became a director. NBB
2018 Wipola Consulting BV became a director. NBB
Oct 18, 1994 New establishment in Sint-Katelijne-Waver. KBO
Sep 21, 1994 Start of the company according to the CBE. KBO

In short

From € 759,455 profit in 2022 to € 913,252 profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2024, with € 1.1 million profit.

On average € 284,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Merlion Investments 16.7%

WIPOLA CONSULTING 16.7%

The stake of Merlion Investments, WIPOLA CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CANAL

Behind CANAL are Merlion Investments BV and Wipola Consulting BV. The shares are held by Merlion Investments (16.7%) and WIPOLA CONSULTING (16.7%).

Directors

According to the 2025 annual accounts

Merlion Investments BV

Director · represented by François Van Bogaert

Also active at: RAYNAUD, VERTEGENWOORDIGINGSKANTOOR W. J. DUMONT, Canal Service

since 2018

Wipola Consulting BV

Director · represented by Michaël Van Bogaert

Also active at: RAYNAUD, VERTEGENWOORDIGINGSKANTOOR W. J. DUMONT, Canal Service

since 2018

Shareholders

Merlion Investments

16.7%

WIPOLA CONSULTING

16.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Fortsesteenweg 52 box A

2860 Sint-Katelijne-Waver

2.068.682.574

Fortsesteenweg 52

2860 Sint-Katelijne-Waver

Active since 18 October 1994

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 →

JP BORDUUR

€ 23,602 gross margin · 2025

Gyp & Hout Group

€ 7,185 gross margin · 2025

Torfs Schrijnwerk

€ 33,530 gross margin · 2025

Gyp & Hout Gevelbekleding

€ -20,852 gross margin · 2025

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

Details

Company number

0453.478.364

VAT number

BE 0453.478.364

Registered office

Fortsesteenweg 52 bus A, 2860 Sint-Katelijne-Waver

Names & denominations

CANAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 September 1994

Peppol

Active · Active since 11 Aug 2025

Activities · NACE

Groothandel in metalen en metaalertsen

Groothandel in andere machines en werktuigen, neg

Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.

Groothandel in andere machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

CANAL

Financials

What happened to CANAL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions