Turnover
≈ €170,000 estimated
The micro format states no turnover.
Galata
Lifetime
1 annual account with figurespeak €54,102 (2025)
€54,102
peak €1,837 (2025)
€1,837
peak €2,837 (2025)
€2,837
€68,364
Board1 name since 2025
1 director
Documentsfilings and deeds
02-10-202663 days late
2025micro format
Incorporation 16-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€68,364 96% of the balance sheet
Financial debts 14%Suppliers 48%Taxes and wages 38%
Starting capital
€1,000 100 shares
2025 accounts filed 63 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 514 companies had the same profile as Galata has now. Each dot stands for 2 companies, two years later.
96.9%
were still trading
1.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 514 companies, not a prediction for Galata. 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 0208:1018707262
Incorporation
Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 16-01-2025 · Gazette deed
First establishment
Brugsevaart 8, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Galata Ghent | €71,201 | €54,102 | 4.0% | - |
| KWALLIE Ghent | €71,315 | €65,189 | 19.3% | - |
| CL-GROUP Blankenberge | €71,625 | €54,367 | 60.3% | - |
| The Eight Restaurant Wemmel Wemmel | €74,786 | €53,808 | 5.2% | - |
| oMo Avelgem | €74,497 | €48,640 | -3.6% | - |
| van Gerven Hospitality Voeren | €79,097 | €54,683 | 8.4% | - |
| Pasta Griglia Charleroi | €70,140 | €49,504 | 37.3% | - |
These companies have the same main activity as Galata: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €70,100 and €79,100, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 14-01-2025Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.369.038.2259030 Ghent, since 14-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2025
Insights on Galata
The 2025 annual accounts show equity of €2,837 and a net result of €1,837. Its solvency ranks better than 29% of 18,509 sector peers (NACE 56, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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 Galata
- What is the company number of Galata?
- The company number of Galata is 1018.707.262. The VAT number is the same number with BE in front: BE 1018.707.262.
- Where is Galata based?
- The registered office is at Brugsevaart 8, 9030 Ghent.Company details
- What does Galata do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Galata?
- Galata is a private limited company (BV).
- When was Galata founded?
- Galata was founded on 14-01-2025.
- Is Galata still active?
- Yes, Galata is an active enterprise in the KBO register.
- How many employees does Galata have?
- Galata had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Galata?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €54,102 and 72 comparable companies (NACE 56111). It probably lies between €150,000 and €230,000.
- Is Galata profitable?
- In financial year 2025, Galata made a profit of €1,837.
- Where can I find the annual accounts of Galata?
- Galata filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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