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GALATOLU

Active
Private limited companyfounded 20251 year activeMeulesteedsesteenweg 183, 9000 Gent, BelgiumKBO/BCE: BE 1019.422.092
Summary

The computed 12-month bankruptcy probability of GALATOLU is 5.3% (elevated). The 2025 annual accounts show negative equity (-€14,697) and a net result of -€24,697. Its solvency ranks better than 15% of 16,193 sector peers (NACE 56, fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
1 site
Size
€35,954total assets 2025
Staff
2 FTE
Equity
-€14,697
Loss
-€24,697
Turnover not published (abridged schema)
Financial health
35 Weak Checked score 2025
Bankruptcy probability, 12 months
5.3%
Structure
Accounts filed 31 days late0 of 1 deed read
Why 35- Sector Food and beverage service activities (NACE 56)- Founded in 2025- Negative equity -€14,697+ Liquidity: current ratio 0.72, cash €12,631Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 19% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency 0
equity -40.9% of total assets
Liquidity 44
short-term debt 107.9% · cash 35.1%
Profitability 0
return on assets -68.7%
Bankruptcy probability, 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 02-2026: 3.9%lowest value 03-2026: 3.9%● unchanged vs 02-2026lowest value 04-2026: 4.0%▲ +0.1 percentage points vs 03-2026 05-2026: 4.4%▲ +0.4 percentage points vs 04-2026 06-2026: 4.6%▲ +0.2 percentage points vs 05-2026 07-2026: 4.9%▲ +0.3 percentage points vs 06-2026 08-2026: 4.9%● unchanged vs 07-2026 09-2026: 5.3%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 5.3%● unchanged vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.72; short-term debt: 107.9% and cash: 35.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 9% on solvency, 39% on liquidity and 8% on profitability.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.72, cash €12,631
NBB · annual accounts
raises risk · Negative equity -€14,697
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€14,697 View
  • Caution: Among the weakest 10% on net resultsector median €4,906 · 16,170 companies -€24,697 View
  • Total assets 2025first fiscal year filed €35,954 View

By topic

Financials

Fiscal year
2025
Total assets
€35,954
Loss
-€24,697
Solvency
-40.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
30-01-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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