Losses
-€49,799 in six years
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
GALAM
Lifetime
17 annual accounts with figures on one time axispeak €58,914 (2019)
€5,278▼ 38.2%
lowest -€70,244 (2010)
-€5,995▼ €3,453
peak €60,789 (2023)
€52,251▼ 10.3%
€149,851▲ 0.2%
peak 2 FTE (2010)
-not published
Board3 names since 2015
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €8,540 to €5,278Loss of €5,995Cash from €9,626 to €14,051
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,167 companies had the same profile as GALAM has now. Each dot stands for 6 companies, two years later.
94.0%
were still trading
3.1%
stopped another way
2.5%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,167 companies, not a prediction for GALAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899240676
Company renamed from BODYFIT FLORENVILLE to GALAM
Issue of 1,000 shares · Changes of role: (director) and (director) · Resignation: (manager) · General meeting of 01-06-2023 · Gazette deed
Company renamed from DESTINATION BIEN-ETRE to BODYFIT FLORENVILLE
Registered office moved within Florenville · Capital increase of €200,000 to €300,000 · Capital from €100,000 to €300,000, 2,000 new shares · General meeting of 29-01-2019 · Gazette deed
Appointment: (manager)
“objet social élargi” (deed in French) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GALAM Florenville | €202,102 | €5,278 | 25.9% | - |
| PROBEL CONSULT Grimbergen | €227,597 | €4,859 | -60.6% | - |
| KUNDALINI Hasselt | €257,037 | €5,454 | 65.7% | - |
| PETER PAULISSEN Maaseik | €300,231 | €4,819 | 29.6% | - |
| ATRIA PARTNERS Etterbeek | €136,987 | €9,909 | 74.1% | - |
| NEW STAR 168 Brussels | €153,470 | €10,991 | 6.0% | - |
| AGENCE GPP Rixensart | €111,065 | €5,987 | 12.3% | - |
These companies have the same main activity as GALAM: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €111,000 and €300,000, founded between 2002 and 2014.
Official details
Source: KBO- Status
- Active since 14-07-2008Normal situation
- Activity
- Day spas, saunas and steam bathsNACE 96230and 6 others
- Establishment unit
- 2.171.993.3166820 Florenville, since 04-07-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 21-01-2026
Insights on GALAM
GALAM files the micro format. That format states no turnover. The gross margin fell from €6,826 in 2009 to €5,278 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GALAM
- What is the company number of GALAM?
- The company number of GALAM is 0899.240.676. The VAT number is the same number with BE in front: BE 0899.240.676.
- Where is GALAM based?
- The registered office is at Rue d'Orval 24A, 6820 Florenville.Company details
- What does GALAM do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of GALAM?
- GALAM is a private limited company (BV).
- When was GALAM founded?
- GALAM was founded on 14-07-2008.
- Is GALAM still active?
- Yes, GALAM is an active enterprise in the KBO register.
- What is the turnover of GALAM?
- The turnover in financial year 2025 is ≈ €36,000. This figure is estimated from the gross margin of €5,278 and 176 comparable companies (NACE 962). It probably lies between €19,000 and €74,000. It is a rough estimate. In financial year 2022 turnover was €25,574.Financials
- Is GALAM profitable?
- In financial year 2025, GALAM made a loss of €5,995.
- Where can I find the annual accounts of GALAM?
- GALAM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GALAM due?
- GALAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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