Galaxy
Open bankruptcyA bankruptcy procedure is open for Galaxy according to publications in the Belgian State Gazette; curator: LIESBETH TOMMELEIN.
Summary
The 2022 annual accounts show equity of €32,537 and a net result of €85.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ostend division
- Declared bankrupt
- 7 July 2025
- Supervising judge
- Jan Vercruysse
- Official Gazette
- 18-07-2025 (pdf) ↗search the document for 2025/131887
Deadlines
- Provisional date payments stopped
- 7 July 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 2 August 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 August 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 7 September 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 7 July 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Liesbeth TommeleinRietstraat 11, 8400 Oostendeliesbeth.tommelein@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 31-01-2023, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
on the day
2020
2 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€32,537▲ 0.3%
2021 · €32,452
Total assets
€34,457▼ 33.4%
2021 · €51,770
Net result
€85
2021 · -€7,525
Working capital
€32,537▼ 1.3%
2021 · €32,974
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result€40,812--€8,860-€1,072▲ 87.9%
Net result€37,977--€7,525€85
Equity€39,977-€32,452▼ 18.8%€32,537▲ 0.3%
Total assets€58,782-€51,770▼ 11.9%€34,457▼ 33.4%
Debt€18,805-€19,318▲ 2.7%€1,920▼ 90.1%
Working capital€44,547-€32,974▼ 26.0%€32,537▼ 1.3%
Staff (FTE)2.7-5.3▲ 96.3%
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 €1,072 in 2022 against €8,860 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €34,457
Equity
€32,537 ▲ 0.3%
Debt
€1,920 ▼ 90.1%
Debt's share of the balance-sheet total falls from 37.3% to 5.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
17.95▲
2021 · 2.75
Debt to equity
0.06
ROE
0.3%▲
2021 · -23.2%
ROA
0.2%▲
2021 · -14.5%
Debt ≤ 1 year
€1,920▼
2021 · €18,796
Staff costs
-€153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | -€153 | - |
| Other operating charges640/8 | - | - | €599 | - |
| Gross operating margin9900 | €53,327 | -€2,905 | -€626 | ▲ 78.5% |
| Operating profit (loss)9901 | €40,812 | -€8,860 | -€1,072 | ▲ 87.9% |
| Financial income75/76B | - | - | €1,294 | - |
| Recurring financial income75 | €464 | €1,497 | €1,294 | ▼ 13.6% |
| Financial charges65/66B | - | - | €137 | - |
| Recurring financial charges65 | €724 | €162 | €137 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €40,552 | -€7,525 | €85 | ▲ 101% |
| Income taxes67/77 | €2,575 | - | - | - |
| Profit (loss) for the period9904 | €37,977 | -€7,525 | €85 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €37,977 | -€7,525 | €85 | ▲ 101% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €58,782 | €51,770 | €34,457 | ▼ 33.4% |
| Current assets29/58 | €58,782 | €51,770 | €34,457 | ▼ 33.4% |
| Amounts receivable after more than one year29 | - | - | €33,000 | - |
| Other amounts receivable291 | - | - | €33,000 | - |
| Amounts receivable within one year40/41 | €1,966 | €245 | €155 | ▼ 36.7% |
| Other amounts receivable41 | - | - | €155 | - |
| Cash at bank and in hand54/58 | €5,183 | - | €7 | - |
| Deferred charges and accrued income490/1 | - | - | €1,295 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €58,782 | €51,770 | €34,457 | ▼ 33.4% |
| Equity10/15 | €39,977 | €32,452 | €32,537 | ▲ 0.3% |
| Contributions10/11 | - | - | €2,000 | - |
| Reserves13 | €37,977 | €30,452 | €30,537 | ▲ 0.3% |
| Distributable reserves133 | - | - | €30,537 | - |
| Amounts payable17/49 | €18,805 | €19,318 | €1,920 | ▼ 90.1% |
| Amounts payable within one year42/48 | €14,235 | €18,796 | €1,920 | ▼ 89.8% |
| Trade debts44 | €8,100 | €13,786 | €929 | ▼ 93.3% |
| Suppliers440/4 | - | - | €929 | - |
| Other amounts payable47/48 | - | - | €991 | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,977 | -€7,525 | €85 | ▲ 101% |
| Operating cash flow (approximation) | €37,977 | -€7,525 | €85 | ▲ 101% |
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
2025
18-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 07-07-2025
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €85
Net result €85 after one loss-making year.
30-06
Financial
Liquidity times 7current ratio 17.95
Current ratio from 2.75 to 17.95; short-term debt falls from €18,796 to €1,920.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet -€7,525
Net result drops to -€7,525, the lowest in the series.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
SignalFinancial 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, Oostende · 1 establishment unit since 2019
Ground area
84 m²
Building footprint
75 m²
Volume, LiDAR
685 m³
Parcel 35013A1488/00A004, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Galaxy
since 20192.285.835.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1488/00A004 | Flanders | 84 m² | 1 · 75 m² | 12.0 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIESBETH TOMMELEIN RIETSTRAAT 11,
8400 OOSTENDE |
07-07-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2019
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.