Galaxy
The computed 12-month bankruptcy probability of Galaxy is 2.6% (moderate). The 2023 annual accounts show equity of €104k and a net result of €17k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 792 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €104k |
| Net result | €17k |
| Staff (FTE) | 1 |
| Better than sector | 38% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.6% | 37.5% | |
| Net result | €17k | €55k | |
| Equity | €104k | €382k | |
| Gross operating margin | €81k | €465k | |
| Staff costs | €31k | €280k |
Figures by fiscal year and ratios
| Fiscal year | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €49k | €21k | €63k | €19k |
| Net profit | €17k | €12k | €50k | €15k |
| Cash flow | €29k | €16k | €54k | €15k |
| Staff costs | €31k | €17k | - | - |
| Income taxes | €6k | €4k | €12k | €4k |
| Dividends | - | - | - | - |
| Total assets | €364k | €143k | €151k | €76k |
| Equity | €104k | €87k | €75k | €25k |
| Debt | €260k | €56k | €76k | €52k |
| of which ≤ 1y | €260k | €56k | €76k | €16k |
| of which > 1y | - | - | - | - |
| Working capital | €75k | €64k | €59k | €50k |
| Employees (FTE) | 1.0 | 1.0 | - | - |
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Current ratio | 1.29 | 2.14 | 1.78 | 4.04 |
| Quick ratio | 1.29 | 2.14 | 1.78 | 4.04 |
| Working capital ratio | 20.5% | 44.8% | 39.4% | 65.5% |
| Solvency | 28.6% | 60.6% | 49.7% | 32.6% |
| Debt / equity | 2.50 | 0.65 | 1.01 | - |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 3.43 | 29.81 | 376.09 | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 4.8% | 8.2% | 33.2% | 19.6% |
| ROE | 16.8% | 13.5% | 66.7% | 59.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €364k | €143k | €151k | €76k |
| Fixed assets | 21/28 | €29k | €22k | €16k | €10k |
| Intangible fixed assets | 21 | - | €0 | - | - |
| Tangible fixed assets | 22/27 | €29k | €22k | €16k | €10k |
| Current assets | 29/58 | €335k | €120k | €135k | €67k |
| Amounts receivable within one year | 40/41 | €326k | €115k | €120k | €60k |
| Cash & bank | 54/58 | €9k | €6k | €15k | €7k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €364k | €143k | €151k | €76k |
| Equity | 10/15 | €104k | €87k | €75k | €25k |
| Contributions / capital | 10/11 | €10k | €10k | €10k | - |
| Reserves | 13 | €77k | €65k | €65k | €15k |
| Accumulated profits (losses) | 14 | €17k | €12k | - | - |
| Amounts payable | 17/49 | €260k | €56k | €76k | €52k |
| Amounts payable within one year | 42/48 | €260k | €56k | €76k | €16k |
| Trade debts payable within one year | 44 | €249k | €40k | €66k | €8k |
| Income statement | |||||
| Gross operating margin | 9900 | €81k | €38k | €63k | €21k |
| Operating result | 9901 | €37k | €16k | €59k | €19k |
| Financial income | 75 | €0 | €0 | €4k | - |
| Financial charges | 65 | €14k | €706 | €167 | €47 |
| Result before taxes | 9903 | €23k | €16k | €62k | €18k |
| Income taxes | 67/77 | €6k | €4k | €12k | €4k |
| Net result for the period | 9904 | €17k | €12k | €50k | €15k |
| Result to be appropriated | 9905 | €17k | €12k | €50k | €15k |
-
Current20-08-2025 → present
Former directors (2)
-
Former01-01-2025 → 20-08-2025
2 events
- 20-08-2025 Resigned· Director
- 01-01-2025 Appointed· Director
-
Former- → 01-01-2025
| NACE primary | Manufacture of food products(10711) |
| Legal form | Private limited company(610) |
| Incorporation | 19-09-2019 |
| Status | Active |
| Postal code | - |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0020/00Z002 | Flanders | 2.9 ha | 1 · 4,128 m² | - |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-11-2025 Registered office moved from Wijnegem to Drogenbos
- Merksemsebaan 2A, 2110 Wijnegem → De Bruyckerweg 1, 1620 Drogenbos
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Drogenbos",
"region": null,
"street": "De Bruyckerweg",
"country": "BE",
"postcode": "1620",
"box_number": null,
"street_number": "1"
},
"old_address": {
"city": "Wijnegem",
"region": null,
"street": "Merksemsebaan",
"country": "BE",
"postcode": "2110",
"box_number": "4",
"street_number": "2A"
},
"effective_date": "2025-08-20",
"evidence_quote": "Wijzing van maatschappelijk zetel naar De Bruyckerweg 1 1620 Drogenbos op 20/08/2025"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0734.669.585",
"name_full": "GALAXY",
"legal_form": "BV"
}
}03-10-2025 1 director appointed, 1 resigning
- Mateusz Adrian Rogow, Bestuurder
- Bauwens Mike, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bauwens Mike",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-20",
"evidence_quote": "Ontslag van de heer Bauwens Mike bestuurder en dit vanaf 20/08/2025"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Mateusz Adrian Rogow",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-20",
"evidence_quote": "Benoeming van de heerMateusz Adrian Rogow als bestuurder, wonende Loosduinse Hoofdstraat 182 B 2552 Al s-gravenhage polen en dit vanaf 20/08/2025"
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0734.669.585",
"name_full": "GALAXY",
"legal_form": "BV"
}
}27-02-2025 1 director appointed, 1 resigning
- Bauwens Mike, Bestuurder
- Afkir Hicham, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Afkir Hicham",
"address": null,
"birth_date": null
},
"effective_date": "2025-01-01",
"evidence_quote": "Op de bijzondere algemene vergadering dd.01/01/2025 werd met eenparigeid van stemmen beslist om te ontslaan als bestuurder met ontlasting vanaf 01/01/2025 de heer Afkir Hicham, met rijksregisternummer 84.02.14-535.47, wonende te Jan De Voslei 27 bus 15 te 2020 Antwerpen",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bauwens Mike",
"address": null,
"birth_date": null
},
"effective_date": "2025-01-01",
"evidence_quote": "Op de bijzondere algemene vergadering dd.01/01/2025 werd met eenparigeid van stemmen beslist om ... te benoemen als bestuurder de heer Bauwens Mike met rijksregisternummer 82.12.28-281.06 en wonende te Merksemsebaan 2A bus 4 te 2110 Wijnegem."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0734.669.585",
"name_full": "GALAXY",
"legal_form": "BV"
}
}23-09-2019 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2180 Ekeren, Kapelstraat 2 (achteraan)",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-02-14",
"name": "Afkir, Hicham",
"niss": null,
"address": "2020 Antwerpen, Jan De Voslei 27 bus 15"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "Afkir, Hicham",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0734.669.585",
"name_full": "Galaxy",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2019-09-17",
"post_incorporation_mandates": []
}| Legal nameNL | Galaxy |