Financials
- Financial year
- 2025
- Total assets
- €717,488
- Profit
- €7,955
- Solvency
- 2.9%
Total assets▲ 7.0%
Net result
20192025
De Galjaar
ActiveSummary
De Galjaar has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,935 and a net result of €7,955. Equity is shrinking by about 33% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 28% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Full-service restaurants
NACE 56111
3rd largest company by total assets in Haaltert, Accommodation and food service sector1 site
Size
€717,488total assets 2025
- Equity
- €20,935
- Profit
- €7,955
Turnover not published (micro format)
Structure
- Largest shareholder
- KCHC · 50%
2025 accounts 1 day early8 deeds in the Belgian Official Gazette
Why 66raises riskSector: Food and beverage service activities (NACE 56)Figures for financial year 2025 (filed 30-10-2025)Equity €20,935 (2.9% of total assets)lowers riskSize: total assets €717,488Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 48% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency
28+1
equity 2.9% of total assets
Liquidity
45-2
short-term debt 19.4% · cash 1.0%
Profitability
61-5
return on assets 1.1%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.6%● unchanged vs 11-2024
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.7%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%▼ -0.3 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 1.1%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.51, compared with 0.6 in 2024, below 1; short-term debt: 19.4% and cash: 1% of total assets), and 97.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 28% on solvency, 41% on liquidity, 41% on profitability and 84% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
2 days early
2023
4 days early
2022
24 days early
2021
3 days early
2020
4 days early
2019
23 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end25-10-2026 today31-10-2026 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €7,955
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Largest shareholder
- KCHC · 50%
Timeline
- Events
- 17
- Since
- 2013
- Next accounts
- by 31-10-2026
- 27-10-2023Annual accounts filed
- 07-10-2022Annual accounts filed
- 31-03-2022Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 24-09-2010
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Key facts about De Galjaar
- What is the company number of De Galjaar?
- 0829.540.832. In Belgium the VAT number is the company number with BE in front: BE 0829.540.832.
- Where is De Galjaar based?
- The registered office is at Terlicht(HE) 253, 9450 Haaltert.Company details
- What does De Galjaar do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of De Galjaar?
- Private limited company (BV).
- When was De Galjaar founded?
- On 24-09-2010.
- Is De Galjaar still active?
- Yes, De Galjaar is an active enterprise in the KBO register.
- How many employees does De Galjaar have?
- On average 3.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of De Galjaar?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is De Galjaar profitable?
- In financial year 2025, De Galjaar made a profit of €7,955.
- Where can I find the annual accounts of De Galjaar?
- De Galjaar filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of De Galjaar due?
- By 31-10-2026, for financial year 2026.Timeline
Companies related to De Galjaar
Shareholders
- KCHC50%
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- LEIREKENAalst
- VISHANDEL CLAESSENSAntwerpen
- CHAIBrussel
- BOEM PATATBrugge
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