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GALANTHUS

Active
Public limited companyfounded 199233 yrs activeDe Meulenaerstraat 45, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0449.021.710

GALANTHUS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €939k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 63% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-2
Solvency75▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.13 in 2024; short-term debt: 34.6% and cash: 4.7% of total assets), and 50.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.9%
Return on assets
0.2%
Age of the figures
15 mo
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 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
54 d early
2024
46 d early
2023
44 d early
2022
61 d early
2021
67 d early
2020
66 d early
2019
50 d early
← before the deadline after the deadline →
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 months
Position in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€939k▲ 0.5%
2024 · €934k
2019: €903k 2020: €897k 2021: €900k 2022: €899k 2023: €929k 2024: €934k
2019 → 2025
Total assets
€1.88M▼ 1.5%
2024 · €1.91M
2019: €2.29M 2020: €2.16M 2021: €2.03M 2022: €2.08M 2023: €1.98M 2024: €1.91M
2019 → 2025
Net result
€5k▼ 11.4%
2024 · €5k
2019: €12k 2020: €-2k 2021: €5k 2022: €-699 2023: €30k 2024: €5k
2019 → 2025
Working capital
€-560k▲ 7.3%
2024 · €-604k
2019: €-1.01M 2020: €-926k 2021: €-820k 2022: €-720k 2023: €-655k 2024: €-604k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€900k-€899k▼ 0.1%€929k▲ 3.3%€934k▲ 0.6%€939k▲ 0.5%
Operating result€52k-€36k▼ 31.2%€83k▲ 131%€56k▼ 33.1%€67k▲ 19.4%
Net result€5k-€-699€30k€5k▼ 82.3%€5k▼ 11.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2021: €52k€52kNet result 2021: €5k€5kOperating result 2022: €36k€36kNet result 2022: €-699€-699Operating result 2023: €83k€83kNet result 2023: €30k€30kOperating result 2024: €56k€56kNet result 2024: €5k€5kOperating result 2025: €67k€67kNet result 2025: €5k€5k20212022202320242025
The operating result recovers in 2025; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.88M
Fixed assets €1.79M▼ 1.4%
Current assets €91k▼ 3.2%
Equity and liabilities €1.88M
Equity €939k▲ 0.5%
Debt €944k▼ 3.4%
The debt ratio falls from 51.1% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€143k
2024 · €131k
Cash flow
€81k
2024 · €80k
Solvency
49.9%
2024 · 48.9%
Current ratio
0.14
2024 · 0.13
Quick ratio
0.14
2024 · 0.13
Debt / equity
1.01
2024 · 1.05
ROE
0.5%
2024 · 0.6%
ROA
0.2%
2024 · 0.3%
Interest coverage
2.36
2024 · 2.67
Debt
€944k
2024 · €977k
Debt ≤ 1 year
€651k
2024 · €698k
Debt > 1 year
€200k=
2024 · €200k
Income taxes
€1k
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.91M€1.88M
Fixed assets21/28€1.82M€1.79M
Tangible fixed assets22/27€1.76M€1.73M
Land and buildings22€1.68M€1.68M
Plant, machinery and equipment23€62k€39k
Furniture and vehicles24€20k€10k
Financial fixed assets28€60k€60k=
Current assets29/58€94k€91k
Amounts receivable within one year40/41€5k€142
Trade receivables40€5k€0
Other amounts receivable41€110€142
Cash at bank and in hand54/58€86k€88k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€1.91M€1.88M
Equity10/15€934k€939k
Contributions10/11€750k€750k=
Capital10€750k€750k=
Issued capital100€750k€750k=
Reserves13€184k€189k
Non-distributable reserves130/1€23k€23k
Legal reserve130€23k€23k
Distributable reserves133€161k€166k
Amounts payable17/49€977k€944k
Amounts payable after more than one year17€200k€200k=
Financial debts170/4€200k€200k=
Amounts payable within one year42/48€698k€651k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€5k€8k
Taxes450/3€5k€8k
Other amounts payable47/48€691k€640k
Accrued charges and deferred income492/3€79k€93k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€76k
Other operating charges640/8€40k€43k
Gross operating margin9900€171k€186k
Operating profit (loss)9901€56k€67k
Financial income75/76B€15€16
Recurring financial income75€15€16
Financial charges65/66B€49k€60k
Recurring financial charges65€49k€60k
Profit (loss) for the period before taxes9903€7k€6k
Transfer from deferred taxes780€0-
Income taxes67/77€2k€1k
Profit (loss) for the period9904€5k€5k
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€5k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€5k
Transfer to equity691/2€5k€5k
To the legal reserve6920€264€234
To other reserves6921€5k€4k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
08-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
18-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €30k
Net result €30k after one loss-making year.
2022
01-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
25-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
2020
26-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Weakest financial yearnet €-2k ▼118%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2019
12-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
03-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
05-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Sint-Niklaas · 1 establishment unit since 1993
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

De Meulenaerstraat 459100 Sint-Niklaas
Ground area
6,399 m²
Building footprint
257 m²
Parcel 46442C0654/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
GALANTHUS
De Meulenaerstraat 45, 9100 Sint-NiklaasNACE 70120
since 19932.222.951.176
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46442C0654/00N000 Flanders 6,399 m² 1 · 257 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 5,150 EUR awarded · 5,150 EUR paid
Year Entries awardedpaid
2025 1 5,150 EUR5,150 EUR
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
1 entry · 5,150 EUR · 5,150 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 426 companies in sector 47553 we hold annual accounts for 169. 79 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded21-12-1992
Fiscal year end30-06
Activities, NACEBEL
47553Retail trade
47593Retail trade
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.