Financials
- Fiscal year
- 2025
- Total assets
- €16,219
- Loss
- -€7,066
- Solvency
- 14.3%
GAL NOR
ActiveSummary
The computed 12-month bankruptcy probability of GAL NOR is 3.4% (moderate). The 2025 annual accounts show equity of €2,327 and a net result of -€7,066. Its solvency ranks better than 33% of 21069 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112
1 site
Size
€16,219total assets 2025
- Equity
- €2,327
- Loss
- -€7,066
Turnover not published (abridged schema)
Structure
Accounts filed 31 d late0 of 2 deeds read
Why 48- Founded in 2024- Latest accounts 31 days late; 2 of the last 3 late- Sector Retail trade (NACE 47)+ Size: total assets €16,219Show the evidence
Checked score
Score 2025
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
39
equity 14.3% of total assets
Liquidity
4
short-term debt 85.7% · cash 1.4%
Profitability
0
return on assets -43.6%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 1.9%lowest value
08-2025: 1.9%▲ +2.7% vs 07-2025
09-2025: 2.0%▲ +2.0% vs 08-2025
10-2025: 2.4%▲ +22.7% vs 09-2025
11-2025: 2.4%▲ +0.5% vs 10-2025
12-2025: 2.7%▲ +10.3% vs 11-2025
01-2026: 4.5%▲ +67.3% vs 12-2025
02-2026: 4.5%▲ +1.2% vs 01-2026
03-2026: 4.4%▼ -2.8% vs 02-2026
04-2026: 4.4%▼ -0.2% vs 03-2026
05-2026: 4.7%▲ +6.6% vs 04-2026
06-2026: 4.9%▲ +3.8% vs 05-2026
07-2026: 4.9%▲ +1.0% vs 06-2026
08-2026: 4.9%▲ +0.2% vs 07-2026highest value
09-2026: 3.4%▼ -31.1% vs 08-2026
10-2026: 3.4%● 0.0% vs 09-2026
- Founded in 2024 raises the probability for this profile
- Size: total assets €16,219 lowers the probability for this profile
- Latest accounts 31 days late; 2 of the last 3 late raises the probability
- Sector Retail trade (NACE 47) raises the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 30%, liquidity 6%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 92 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 10-06-2024
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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