De Galan
ActiveDe Galan has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €351k and a net result of €82k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+1
Solvency93▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.21 against 3.5 in 2023; short-term debt: 30.7% and cash: 54.2% of total assets), and 31.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
3 d early
2022
1 d early
2021
32 d early
2020
42 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€351k▲ 9.1%
2023 · €322k
2018: €91k
2019: €144k
2020: €207k
2021: €258k
2022: €289k
2023: €322k
2018 → 2024
Total assets
€514k▲ 14.1%
2023 · €451k
2018: €162k
2019: €208k
2020: €267k
2021: €323k
2022: €376k
2023: €451k
2018 → 2024
Net result
€82k▲ 16.8%
2023 · €71k
2018: €38k
2019: €53k
2020: €63k
2021: €63k
2022: €54k
2023: €71k
2018 → 2024
Working capital
€349k▲ 10.6%
2023 · €316k
2018: €99k
2019: €158k
2020: €205k
2021: €254k
2022: €282k
2023: €316k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€207k-€258k▲ 24.8%€289k▲ 12.0%€322k▲ 11.3%€351k▲ 9.1%
Operating result€89k-€89k▼ 0.3%€75k▼ 15.3%€102k▲ 35.3%€118k▲ 15.9%
Net result€63k-€63k▲ 0.5%€54k▼ 14.7%€71k▲ 31.5%€82k▲ 16.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €514k
Fixed assets
€7k▼ 18.9%
Current assets
€507k▲ 14.7%
Equity and liabilities €514k
Equity
€351k▲ 9.1%
Debt
€163k▲ 26.4%
The debt ratio rises from 28.7% to 31.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€120k▲
2023 · €104k
Cash flow
€84k▲
2023 · €73k
Solvency
68.2%▼
2023 · 71.3%
Current ratio
3.21▼
2023 · 3.50
Quick ratio
3.21▼
2023 · 3.50
Debt / equity
0.47▲
2023 · 0.40
ROE
23.5%▲
2023 · 22.0%
ROA
16.0%▲
2023 · 15.7%
Interest coverage
17.56▼
2023 · 24.08
Debt
€163k▲
2023 · €129k
Debt ≤ 1 year
€158k▲
2023 · €126k
Income taxes
€33k▲
2023 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€451k€514k▲
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€442k€507k▲
Amounts receivable within one year40/41€15k€16k▲
Trade receivables40€15k€16k▲
Other amounts receivable41€395€1▼
Current investments50/53€197k€208k▲
Cash at bank and in hand54/58€226k€279k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€451k€514k▲
Equity10/15€322k€351k▲
Contributions10/11€19k€19k=
Reserves13€303k€332k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€303k€332k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€129k€163k▲
Amounts payable within one year42/48€126k€158k▲
Current portion of amounts payable after more than one year42€19k€19k=
Financial debts43€325€334▲
Credit institutions430/8€325€334▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€14k€16k▲
Taxes450/3€14k€16k▲
Other amounts payable47/48€90k€121k▲
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€635▼
Gross operating margin9900€106k€121k▲
Operating profit (loss)9901€102k€118k▲
Financial income75/76B€496€5k▲
Recurring financial income75€496€5k▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€98k€116k▲
Income taxes67/77€28k€33k▲
Profit (loss) for the period9904€71k€82k▲
Profit (loss) for the period to be appropriated9905€71k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€82k▲
Transfer from equity791/2€38k€53k▲
Transfer to equity691/2€71k€82k▲
To other reserves6921€71k€82k▲
Profit to be distributed694/7€38k€53k▲
Return on contributions (dividend)694€38k€53k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €82k ▲16.8%
Operating result €118k, net result €82k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €207k ▲43.5%
3 profitable years in a row build equity to €207k.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €144k ▲58.4%
2 profitable years in a row build equity to €144k.
22-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Den Blok 253020 HerentGround area
275 m²
Building footprint
74 m²
Volume, LiDAR
6 m³
Parcel 24423G0534/00B002, Flanders · tallest building 1.5 m. Linked by address, not a title deed.
1 establishment unit
Den Blok 25, 3020 Herent
since 20162.249.954.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423G0534/00B002 | Flanders | 275 m² | 1 · 73 m² | 1.5 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,995 companies in sector 62200 we hold annual accounts for 18,391. 13,299 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2016
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.