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Ets OLIVIER GALVAN

Active
Private limited companyfounded 2022active for 4 yearsRue de Crocq(M) 27, 4219 Wasseiges, BelgiumKBO/BCE: BE 0787.850.529

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Ets OLIVIER GALVAN has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252,613 and a net result of €109,581. Equity has been growing by about 67% per year since 2023. Its solvency ranks better than 93% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 30-06-2022 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Establishment unit
2.333.053.106 4219 Wasseiges, since 30-06-2022
Financial year end
30 September
Peppol
Reachable since 13-09-2025

Board and ownership

Board

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€164,161
▲ 20.1%
Turnover
≈ €510,000
estimated
Profit
€109,581
▲ 35.7%
Equity
€252,613
▲ 76.6%
Total assets
€282,737
▲ 28.3%
Staff
0.6 FTE
▼ 33.3%
Filed on 23-04-2026, 7 days before the deadlinePDF
Score breakdownraises riskFounded in 2022lowers riskLiquidity: current ratio 15.17, cash €223,972Equity €252,613 (89.3% of total assets)Figures for financial year 2025 (filed on 25-04-2026)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 92% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+10
equity 89.3% of total assets
Liquidity 100=
short-term debt 6.4% · cash 79.2%
Profitability 100=
return on assets 38.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025highest value 05-2025: 0.1%▼ -0.3 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 15.17 (9.59 in 2024), above the usual 1.5. Short-term debt is 6.4% and cash 79.2% of total assets. 10.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 92% on profitability and 88% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 15.17, cash €223,972
NBB · annual accounts
lowers risk · Equity €252,613 (89.3% of total assets)
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 25-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
7 days early
2024
29 days early
2023
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 23 April (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Equity rose in 2025from €143,032 to €252,613 ▲ 76.6% View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies €109,581 View

Comparable companies

These companies have the same main activity as Ets OLIVIER GALVAN: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €277,000 and €315,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Ets OLIVIER GALVAN Wasseiges€282,737€164,161
TERMIC Welkenraedt€315,057€174,801
BeL Energy Herve€305,466€202,227
EUROCONTRACTOR Lendelede€285,185€194,139
MAR-TEX Eeklo€276,561€159,763
MATTHIAS TECHNICS Wommelgem€299,705€142,137
SCHÜTZ SRL Habay€303,900€186,923
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Ets OLIVIER GALVAN

What is the company number of Ets OLIVIER GALVAN?
The company number of Ets OLIVIER GALVAN is 0787.850.529. The VAT number is the same number with BE in front: BE 0787.850.529.
Where is Ets OLIVIER GALVAN based?
The registered office is at Rue de Crocq(M) 27, 4219 Wasseiges.Company details
What does Ets OLIVIER GALVAN do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Ets OLIVIER GALVAN?
The legal form of Ets OLIVIER GALVAN is Private limited company (BV).
When was Ets OLIVIER GALVAN founded?
Ets OLIVIER GALVAN was founded on 30-06-2022.
Is Ets OLIVIER GALVAN still active?
Yes, Ets OLIVIER GALVAN is an active enterprise in the KBO register.
How many employees does Ets OLIVIER GALVAN have?
Ets OLIVIER GALVAN had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Ets OLIVIER GALVAN?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €164,161 and 87 comparable companies (NACE 432). It probably lies between €410,000 and €620,000.
Is Ets OLIVIER GALVAN profitable?
In financial year 2025, Ets OLIVIER GALVAN made a profit of €109,581.
Where can I find the annual accounts of Ets OLIVIER GALVAN?
Ets OLIVIER GALVAN filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Ets OLIVIER GALVAN due?
Ets OLIVIER GALVAN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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