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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CANVAS from Bierbeek, company number BE0820985828, closed financial year 2025 with a result of € 189,513 after tax. For that financial year CANVAS recorded revenue of € 10.5 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 103,635 to € 189,513. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 3.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 189,513
▲ 83% vs 2024
Profit after tax over the fiscal year.
€ 99,705
▲ 75% 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 € 3 million.
Debts at end 2025
€ 34.2 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 17
▼ € 8,080 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,682
▲ € 3,032 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,548,785 | € 9,793,208 | € 12,592,682 | € 10,502,190 | ▼ 17% |
| Profit after taxes | € 638,250 | € 382,458 | € 103,635 | € 189,513 | ▲ 83% |
| Equity | € 2,556,547 | € 2,759,006 | € 2,862,640 | € 3,052,154 | ▲ 7% |
| Total debts | € 35,524,699 | € 39,029,232 | € 34,313,747 | € 34,743,699 | ▲ 1% |
| Cash | € 90,921 | € 102,254 | € 56,959 | € 99,705 | ▲ 75% |
| Land & buildings | - | - | € 3,085,396 | € 4,315,922 | ▲ 40% |
| Retained profit | € 2,495,047 | € 2,697,506 | € 2,801,140 | € 2,990,654 | ▲ 7% |
| Dividend | € 375,000 | € 180,000 | € 0 | € 0 | |
| Bank debt | € 34,995,000 | € 38,395,000 | € 33,980,000 | € 34,170,000 | ▲ 1% |
| Balance sheet total | € 38,081,246 | € 41,788,238 | € 37,176,388 | € 37,795,853 | ▲ 2% |
Key figures of CANVAS, 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 CANVAS?
What happened at CANVAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 189,513 (▲ 83% vs 2024). Source: NBB ↗
- New establishment in Bierbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 638,250 profit in 2022 to € 189,513 profit in 2025.
Paid € 442,513 in corporate taxes since 2022.
Best year ever: 2022, with € 638,250 profit.
Paid out € 555,000 in dividends to the owners in total.
A new publication or filing at CANVAS? 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
Behind CANVAS are Kurt Holemans and Chris Holemans. The same people are also behind KWADRAAT and LIEZA. Chris Holemans is also behind Realfin Mechelen.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Culostraat(OPV) 44
3360 Bierbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0820.985.828
- VAT number
- BE 0820.985.828
- Registered office
- Culostraat(OPV) 44, 3360 Bierbeek
- Names & denominations
- CANVAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2009
- Peppol
- Active · Active since 17 Feb 2026