GALAN
ActiveSummary
GALAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €-2k. Equity is shrinking by ~11.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-16k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
3 d late
2023
29 d late
2022
26 d early
2021
25 d early
2020
33 d early
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-16k▼ 16.9%
2024 · €-13k
2019: €-8khighest in 7 years
2020: €-9k▼ -5.6% vs 2019
2021: €-9k▼ -5.3% vs 2020
2022: €-10k▼ -11.6% vs 2021
2023: €-12k▼ -15.0% vs 2022
2024: €-13k▼ -11.8% vs 2023
2025: €-16k▼ -16.9% vs 2024lowest in 7 years
2019 → 2025
Total assets
Not included in this filing
Net result
€-2k▼ 60.1%
2024 · €-1k
2019: €-1k
2020: €-464▲ +53.9% vs 2019highest in 7 years
2021: €-464▼ -0.1% vs 2020
2022: €-1k▼ -131% vs 2021
2023: €-2k▼ -44.5% vs 2022
2024: €-1k▲ +9.2% vs 2023
2025: €-2k▼ -60.1% vs 2024lowest in 7 years
2019 → 2025
Working capital
Not included in this filing
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€-10k▼ 11.6%€-12k▼ 15.0%€-13k▼ 11.8%€-16k▼ 16.9%
2021: €-9khighest in 5 years
2022: €-10k▼ -11.6% vs 2021
2023: €-12k▼ -15.0% vs 2022
2024: €-13k▼ -11.8% vs 2023
2025: €-16k▼ -16.9% vs 2024lowest in 5 years
Operating result€-464-€-1k▼ 131%€-2k▼ 41.2%€-1k▲ 7.1%€-2k▼ 60.1%
2021: €-464highest in 5 years
2022: €-1k▼ -131% vs 2021
2023: €-2k▼ -41.2% vs 2022
2024: €-1k▲ +7.1% vs 2023
2025: €-2k▼ -60.1% vs 2024lowest in 5 years
Net result€-464-€-1k▼ 131%€-2k▼ 44.5%€-1k▲ 9.2%€-2k▼ 60.1%
2021: €-464highest in 5 years
2022: €-1k▼ -131% vs 2021
2023: €-2k▼ -44.5% vs 2022
2024: €-1k▲ +9.2% vs 2023
2025: €-2k▼ -60.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €1k in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Debt to equity
-1.00=
2024 · -1.00
Debt
€16k▲
2024 · €13k
Debt ≤ 1 year
€16k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 19 lines
Balance sheet
Code20242025
Equity and liabilities
Equity10/15€-13k€-16k▼
Contributions10/11€18k€18k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-33k€-35k▼
Amounts payable17/49€13k€16k▲
Amounts payable within one year42/48€13k€16k▲
Other amounts payable47/48€13k€16k▲
Income statement
Code20242025
Other operating charges640/8€446€387▼
Gross operating margin9900€-960€-2k▼
Operating profit (loss)9901€-1k€-2k▼
Financial charges65/66B€0-
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903€-1k€-2k▼
Profit (loss) for the period9904€-1k€-2k▼
Profit (loss) for the period to be appropriated9905€-1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-35k▼
Profit (loss) brought forward from the previous period14P€-32k€-33k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €410 | €410 | €446 | €387 | ▼ 13.2% |
| Gross operating margin9900 | €-55 | €-662 | €-1k | €-960 | €-2k | ▼ 94.2% |
| Operating profit (loss)9901 | €-464 | €-1k | €-2k | €-1k | €-2k | ▼ 60.1% |
| Financial charges65/66B | - | - | €36 | €0 | - | - |
| Recurring financial charges65 | - | - | €36 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €-464 | €-1k | €-2k | €-1k | €-2k | ▼ 60.1% |
| Profit (loss) for the period9904 | €-464 | €-1k | €-2k | €-1k | €-2k | ▼ 60.1% |
| Profit (loss) for the period to be appropriated9905 | €-464 | €-1k | €-2k | €-1k | €-2k | ▼ 60.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Equity and liabilities | ||||||
| Equity10/15 | €-9k | €-10k | €-12k | €-13k | €-16k | ▼ 16.9% |
| Contributions10/11 | - | €18k | €18k | €18k | €18k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-29k | €-30k | €-32k | €-33k | €-35k | ▼ 6.8% |
| Amounts payable17/49 | €9k | €10k | €12k | €13k | €16k | ▲ 16.9% |
| Amounts payable within one year42/48 | €9k | €10k | €12k | €13k | €16k | ▲ 16.9% |
| Trade debts44 | €348 | €348 | - | - | - | - |
| Suppliers440/4 | - | €348 | - | - | - | - |
| Other amounts payable47/48 | - | €10k | €12k | €13k | €16k | ▲ 16.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-464 | €-1k | €-2k | €-1k | €-2k | ▼ 60.1% |
| Operating cash flow (approximation) | €-464 | €-1k | €-2k | €-1k | €-2k | ▼ 60.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 186 days late
2018
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 2003
Ground area
488 m²
Building footprint
149 m²
Volume, LiDAR
997 m³
Parcel 71032B0330/00Y000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Populierenstraat 49, 3511 Hasselt
since 20032.113.632.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71032B0330/00Y000 | Flanders | 488 m² | 1 · 149 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-1997
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.