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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TARGET INVEST from Gent, company number BE0465693139, closed financial year 2025 with a result of € -7,954 after tax. For that financial year TARGET INVEST recorded a gross margin of € -1,604 and equity of € -214,889. Compared with financial year 2024, the result moved from € -7,759 to € -7,954. The company made a loss. 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 December 8, 2025.
€ -214,889
▼ € 7,954 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,954
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,691
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -233,481.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,278 | € -3,241 | € -1,616 | € -1,604 | ▲ € 12 |
| Profit after taxes | € -6,367 | € -8,921 | € -7,759 | € -7,954 | ▼ € 195 |
| Equity | € -190,255 | € -199,176 | € -206,935 | € -214,889 | ▼ € 7,954 |
| Total debts | € 200,856 | € 238,365 | € 246,365 | € 254,542 | ▲ 3% |
| Cash | € 1,305 | € 1,516 | € 1,532 | € 1,691 | ▲ 10% |
| Retained profit | € -208,847 | € -217,768 | € -225,527 | € -233,481 | ▼ € 7,954 |
| Balance sheet total | € 10,601 | € 39,188 | € 39,430 | € 39,653 | ▲ 1% |
Key figures of TARGET INVEST, 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 January 2027.
What happened to TARGET INVEST?
What happened at TARGET INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,954. Source: NBB ↗
- Isabelle De Bruyn became a director. NBB
- Ignaas Vandenabeele became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,367 loss in 2022 to € 7,954 loss in 2025.
Management
The stake of CANAL PROPERTIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TARGET INVESTBehind TARGET INVEST are Isabelle De Bruyn and Ignaas Vandenabeele. The shares are held by CANAL PROPERTIES (100%). It owns 50% of Canal Construct itself.
Directors
According to the 2025 annual accounts
Isabelle De Bruyn
Director
Also active at: IMMOTRION, VANDEN BRUYN, CANAL PROPERTIES, DE VOORKANT, SOUVERAIN 400, DEBINCO, EVERSITE, CANAL CONSTRUCT +5 more
since 2002
Ignaas Vandenabeele
Director
Also active at: IMMOTRION, VANDEN BRUYN, CANAL PROPERTIES, DE VOORKANT, SOUVERAIN 400, EVERSITE, CANAL CONSTRUCT, BLEU +6 more
since 2002
Shareholders
100%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Gordunakaai 87
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IMMOTRION same network
€ 236,982 gross margin · 2025
VANDEN BRUYN same network
€ 304,268 gross margin · 2025
CANAL PROPERTIES same network
€ 1.5 million gross margin · 2025
DE VOORKANT same network
€ 1.2 million gross margin · 2025
EVERSITE same network
€ -2,696 gross margin · 2025
+4 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
- 0465.693.139
- VAT number
- BE 0465.693.139
- Registered office
- Gordunakaai 87, 9000 Gent
- Names & denominations
- TARGET INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1999
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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