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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KANVAS from Waregem, company number BE0629898501, closed financial year 2025 with a result of € 84,311 after tax. For that financial year KANVAS recorded a gross margin of € 753,139 and equity of € 421,592. Compared with financial year 2024, the result moved from € 80,589 to € 84,311. 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 January 26, 2026.
€ 421,592
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,311
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 114,241
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 415,392.
People and assets in 2025
7.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 550,044
▲ 11% vs 2024
€ 73,300 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.
€ 103,903
▲ 23% vs 2024
Of which on lease € 45,689.
Debts at end 2025
€ 135,050
▲ 109% vs 2024
€ 87,586 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 106,968
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,717
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 489,555 | € 576,086 | € 691,128 | € 753,139 | ▲ 9% |
| Profit after taxes | € 34,232 | € 36,320 | € 80,589 | € 84,311 | ▲ 5% |
| Equity | € 220,372 | € 256,692 | € 337,281 | € 421,592 | ▲ 25% |
| Total debts | € 277,673 | € 504,146 | € 409,934 | € 631,741 | ▲ 54% |
| Cash | € 71,302 | € 147,764 | € 114,816 | € 114,241 | ▼ 1% |
| Retained profit | € 214,172 | € 250,492 | € 331,081 | € 415,392 | ▲ 25% |
| Bank debt | € 84,617 | € 151,674 | € 64,549 | € 135,050 | ▲ 109% |
| Balance sheet total | € 498,045 | € 760,838 | € 747,215 | € 1,053,333 | ▲ 41% |
| Employees (FTE) | 8.1 | 7.9 | 7 | 7.5 | ▲ 0.5 |
Key figures of KANVAS, 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 KANVAS?
What happened at KANVAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 84,311 (▲ 5% vs 2024). Source: NBB ↗
- Credum became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,232 profit in 2022 to € 84,311 profit in 2025.
Paid € 107,943 in corporate taxes since 2022.
Best year ever: 2025, with € 84,311 profit.
On average € 100,400 of value added per employee in 2025.
A new publication or filing at KANVAS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CREDUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KANVASBehind KANVAS is Credum. The shares are held by CREDUM (99%).
Establishments
Establishment units
Physical locations of this company
Vichtseweg 35 box B
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0629.898.501
- VAT number
- BE 0629.898.501
- Registered office
- Vichtseweg 35 bus B, 8790 Waregem
- Names & denominations
- KANVAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
Ontwikkeling van residentiële bouwprojecten
Overige werkzaamheden in verband met de afwerking van gebouwen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Schilderen van gebouwen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering