GALCOM
Annual accounts 2025
full format, filed on 04-06-2026, 57 days before the deadline€205,565
▼ 8.7%
€112,233
▼ 16.3%
-€19,674
▼ €21,940
€81,820
▼ 67.4%
-128.4%
▼ 4.2 percentage points
2.06
▼ 4.66
The turnover shown is an estimate from the gross margin.
Turnover ≈ €520,000. Estimated: probably between €320,000 and €980,000.
Balance sheet
balance sheet total €906,747 on 31-12-2025What the company ownsHow it is paid for
in €m
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
906,747 | 921,246 | 928,178 | 957,510 | 597,756 | 773,845 | 907,416 | 1.0m | 1.4m | 1.5m | 1.6m | 1.4m | 1.5m | 1.6m | 1.2m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | |
21/28 |
747,904 | 626,045 | 565,056 | 524,219 | 493,567 | 588,933 | 760,180 | 856,889 | 1.2m | 1.3m | 1.4m | 1.3m | 1.4m | 1.4m | 895,925 | 950,810 | 955,586 | 1.1m | 1.1m | 1.2m | |
22/27 |
747,404 | 625,545 | 564,556 | 523,109 | 492,457 | 587,823 | 759,070 | 855,779 | 1.2m | 1.3m | 1.4m | 1.3m | 1.4m | 1.4m | 894,565 | 949,450 | 954,836 | 1.1m | 1.1m | 1.2m | |
22 |
642,247 | 513,310 | 461,165 | 518,023 | 489,388 | 579,726 | 745,072 | 835,660 | 1.2m | 1.3m | 1.4m | 1.3m | 1.4m | 1.4m | 878,430 | 917,307 | 906,948 | 1.0m | 1.1m | 1.2m | |
24 |
103,569 | 110,423 | 101,355 | 5,086 | 3,069 | 4,967 | 7,737 | 10,727 | 2,971 | 1,359 | 2,344 | 2,232 | 1,872 | 2,464 | 16,135 | 32,143 | 47,888 | 64,042 | 519 | 772 | |
26 |
1,588 | 1,812 | 2,036 | - | - | 3,130 | 6,261 | 9,392 | 12,522 | - | - | - | - | - | - | - | - | - | - | - | |
28 |
500 | 500 | 500 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,360 | 1,360 | 1,360 | 1,360 | 1,360 | 750 | - | - | - | |
29/58 |
158,843 | 295,201 | 363,122 | 433,291 | 104,189 | 184,912 | 147,236 | 166,809 | 190,295 | 190,118 | 201,287 | 134,010 | 119,273 | 143,619 | 270,956 | 195,733 | 175,619 | 164,272 | 190,591 | 100,043 | |
40/41 |
7,755 | 18,410 | 11,652 | 9,828 | 3,960 | 350 | 1,599 | 3,676 | 1,578 | 1,252 | 2,775 | 2,405 | 9,361 | 38,529 | 36,545 | 19,508 | 4,636 | 1,456 | 6,783 | 876 | |
40 |
2,460 | 1,706 | 11,652 | 9,828 | 3,960 | 350 | 1,599 | 1,459 | 1,578 | 1,252 | 2,764 | 2,394 | 9,361 | 6,841 | 5,033 | 15,571 | 4,285 | 518 | 6,193 | 543 | |
41 |
5,295 | 16,704 | - | - | - | - | - | 2,217 | - | - | 11 | 11 | - | 31,688 | 31,512 | 3,937 | 351 | 938 | 590 | 333 | |
54/58 |
130,038 | 257,967 | 327,896 | 399,101 | 85,378 | 156,399 | 140,373 | 148,420 | 180,318 | 160,784 | 186,997 | 109,273 | 60,483 | 82,902 | 222,918 | 162,479 | 152,876 | 118,060 | 157,768 | 92,217 | |
490/1 |
21,050 | 18,824 | 23,574 | 24,362 | 14,851 | 28,163 | 5,264 | 14,713 | 8,399 | 28,082 | 11,515 | 22,332 | 49,429 | 22,188 | 11,493 | 13,746 | 18,107 | 44,756 | 26,040 | 6,950 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
906,747 | 921,246 | 928,178 | 957,510 | 597,756 | 773,845 | 907,416 | 1.0m | 1.4m | 1.5m | 1.6m | 1.4m | 1.5m | 1.6m | 1.2m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | |
10/15 |
-1.2m | -1.1m | -1.1m | -1.1m | -1.5m | -1.3m | -1.6m | -1.5m | -1.4m | -1.3m | -1.1m | -985,963 | -741,906 | -578,962 | -572,943 | -491,357 | -352,843 | -242,482 | -194,160 | -151,301 | |
10/11 |
2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | |
100 |
- | - | - | - | - | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | |
14 |
-3.4m | -3.4m | -3.4m | -3.4m | -3.8m | -3.6m | -3.9m | -3.7m | -3.7m | -3.6m | -3.4m | -3.3m | -3.0m | -2.8m | -2.8m | -2.8m | -2.6m | -2.5m | -2.5m | -2.4m | |
17/49 |
2.1m | 2.1m | 2.1m | 2.1m | 2.1m | 2.1m | 2.5m | 2.5m | 2.8m | 2.8m | 2.7m | 2.4m | 2.3m | 2.2m | 1.7m | 1.6m | 1.5m | 1.5m | 1.5m | 1.5m | |
17 |
1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.2m | 2.1m | 1.6m | 1.6m | 1.5m | 1.4m | 1.4m | 1.4m | 1.4m | |
170/4 |
1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 2.3m | 2.3m | 2.3m | 2.3m | 2.3m | 2.2m | 2.1m | 1.6m | 1.6m | - | - | - | 1.4m | 1.4m | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.5m | 1.4m | 1.4m | - | - | |
42/48 |
77,023 | 43,888 | 41,676 | 42,855 | 393 | 1,917 | 10,563 | 14,179 | 26,699 | 45,631 | 30,559 | 27,048 | 43,499 | 457,604 | 40,029 | 49,675 | 9,965 | 8,325 | 25,644 | 10,779 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 350,000 | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 350,000 | - | - | - | - | - | - | |
44 |
38,171 | 5,101 | 41,676 | 42,855 | 393 | 530 | 8,468 | 14,179 | 2,424 | 22,325 | 7,423 | 13,534 | 29,044 | 61,540 | 8,855 | 19,501 | 9,791 | 8,151 | 13,125 | 6,937 | |
440/4 |
38,171 | 5,101 | 41,676 | 42,855 | 393 | 530 | 8,468 | 14,179 | 2,424 | 22,325 | 7,423 | 13,534 | 29,044 | 61,540 | 8,855 | 19,501 | 9,791 | 8,151 | 13,125 | 6,937 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | 600 | 1,000 | 1,000 | - | - | - | - | - | |
45 |
38,787 | 38,787 | - | - | - | - | - | - | - | - | - | 199 | 199 | 357 | - | - | - | - | - | - | |
450/3 |
38,787 | 38,787 | - | - | - | - | - | - | - | - | - | 199 | 199 | 357 | - | - | - | - | - | - | |
47/48 |
65 | - | - | - | - | 1,387 | 2,095 | - | 24,275 | 23,306 | 23,136 | 13,315 | 13,656 | 44,707 | 30,174 | 30,174 | 174 | 174 | 12,519 | 3,842 | |
492/3 |
96,650 | 124,610 | 136,020 | 131,860 | 239,834 | 178,266 | 195,413 | 154,447 | 458,170 | 448,418 | 334,962 | 176,538 | 79,193 | 66,966 | 62,795 | 51,225 | 37,083 | 36,815 | 39,886 | 26,670 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | 502,096 | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
205,565 | 225,111 | 194,826 | 659,248 | 20,825 | 595,133 | 164,594 | 242,867 | 241,618 | 135,598 | 212,095 | 142,011 | 180,829 | 335,485 | 178,852 | 103,757 | 122,888 | 178,068 | 166,034 | 112,547 | |
630 |
66,149 | 64,634 | 69,966 | 79,618 | 102,956 | 104,280 | 135,793 | 132,122 | 176,872 | 172,719 | 177,916 | 235,484 | 221,109 | 217,991 | 141,676 | 133,210 | 120,550 | 121,270 | 105,326 | 105,326 | |
631/4 |
- | - | - | - | - | - | -41,808 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
27,183 | 26,356 | 25,328 | 21,895 | 22,018 | 22,731 | 63,894 | 22,762 | 67,190 | 26,518 | 19,423 | 24,811 | 18,999 | 20,884 | 24,208 | 19,204 | 23,680 | 23,193 | 18,519 | 18,422 | |
9901 |
112,233 | 134,121 | 99,532 | 557,735 | -104,149 | 468,122 | 6,715 | 87,983 | -2,444 | -63,639 | 14,756 | -118,284 | -59,279 | 96,610 | 12,968 | -48,657 | -21,342 | 33,605 | 42,189 | -11,201 | |
75/76B |
- | - | - | - | 3 | - | - | 1,361 | - | - | 387 | 44 | 1,086 | 1,880 | 1,109 | 491 | 1,005 | 6,689 | 3,932 | 2,342 | |
75 |
- | - | - | - | - | - | - | 1,361 | - | - | 387 | 44 | 1,086 | 1,880 | 1,109 | 491 | 1,005 | 6,689 | 3,932 | 2,342 | |
76B |
- | - | - | - | 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
131,907 | 131,855 | 131,845 | 132,469 | 131,987 | 140,900 | 160,347 | 116,705 | 139,041 | 116,794 | 156,807 | 125,817 | 104,545 | 104,057 | 95,663 | 90,348 | 90,024 | 88,616 | 88,980 | 88,945 | |
65 |
131,907 | 131,855 | - | - | - | 140,900 | 160,347 | 116,705 | 139,041 | 116,794 | 156,807 | 125,817 | 104,545 | 104,057 | 95,663 | 90,348 | 90,024 | 88,616 | 88,980 | 88,945 | |
66B |
- | - | 131,845 | 132,469 | 131,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-19,674 | 2,266 | -32,313 | 425,266 | -236,133 | 327,222 | -153,632 | -27,361 | -141,485 | -180,433 | -141,664 | -244,057 | -162,738 | -5,567 | -81,586 | -138,514 | -110,361 | -48,322 | -42,859 | -97,804 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 22 | - | 206 | 452 | - | - | - | - | - | - | |
9904 |
-19,674 | 2,266 | -32,313 | 425,266 | -236,133 | 327,222 | -153,632 | -27,361 | -141,485 | -180,433 | -141,686 | -244,057 | -162,944 | -6,019 | -81,586 | -138,514 | -110,361 | -48,322 | -42,859 | -97,804 | |
9905 |
-19,674 | 2,266 | -32,313 | 425,266 | -236,133 | 327,222 | -153,632 | -27,361 | -141,485 | -180,433 | -141,686 | -244,057 | -162,944 | -6,019 | -81,586 | -138,514 | -110,361 | -48,322 | -42,859 | -97,804 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-3.4m | -3.4m | -3.4m | -3.4m | -3.8m | -3.6m | -3.9m | -3.7m | -3.7m | -3.6m | -3.4m | -3.3m | -3.0m | -2.8m | -2.8m | -2.8m | -2.6m | -2.5m | -2.5m | -2.4m | |
14P |
-3.4m | -3.4m | -3.4m | -3.8m | -3.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 04-06-2026 | 2026-00145239 | |
| 30-12-2024 | full format | 20-06-2025 | 2025-00159585 | |
| 30-12-2023 | full format | 30-06-2024 | 2024-00203314 | |
| 30-12-2022 | full format | 14-06-2023 | 2023-00129605 | |
| 30-12-2021 | full format | 30-06-2022 | 2022-20129389 | |
| 30-12-2020 | full format | 23-04-2021 | 2021-11200204 | |
| 30-12-2019 | full format | 28-05-2020 | 2020-13500438 | |
| 30-12-2018 | full format | 30-08-2019 | 2019-59400353 | |
| 30-12-2017 | full format | 06-07-2018 | 2018-30700005 | |
| 30-12-2016 | full format | 23-06-2017 | 2017-21400213 | |
| 30-12-2015 | full format | 01-07-2016 | 2016-26600427 | |
| 30-12-2014 | full format | 23-07-2015 | 2015-33800216 | |
| 30-12-2013 | full format | 16-10-2014 | 2014-64900067 | |
| 30-12-2012 | full format | 20-08-2013 | 2013-44000265 | |
| 30-12-2011 | full format | 18-06-2012 | 2012-18600222 | |
| 30-12-2010 | full format | 25-07-2011 | 2011-32900568 | |
| 30-12-2009 | full format | 06-08-2010 | 2010-39500135 | |
| 30-12-2008 | full format | 18-05-2009 | 2009-15200068 | |
| 30-12-2007 | full format | 19-06-2008 | 2008-26700320 | |
| 30-12-2006 | full format | 29-08-2007 | 2007-67100103 | |
| 30-12-2005 | full format | 25-08-2006 | 2006-67303306 | |
| 30-12-2004 | full format | 13-06-2005 | 2005-24602998 | |
| 30-12-2003 | full format | 07-07-2004 | 2004-41600836 | |
| 30-12-2002 | full format | 31-07-2003 | 2003-56703674 | |
| 30-12-2001 | full format | 25-09-2002 | 2002-58401394 | |
| 30-12-2000 | full format | 28-09-2001 | 2001-59703114 | |
| 30-12-1999 | full format | 10-08-2000 | 2000-50701818 | |
| 30-12-1998 | full format | 28-07-1999 | 1999-37401308 | |
| 30-12-1997 | full format | 28-07-1998 | 1998-36500777 | |
| 30-12-1996 | full format | 07-07-1997 | 1997-28005325 | |
| 30-12-1995 | full format | 15-07-1996 | 1996-34102299 | |
| 30-12-1994 | full format | 04-09-1995 | 1995-48003149 | |
| 30-12-1993 | full format | 20-07-1994 | 1994-32002498 | |
| 30-12-1992 | full format | 07-10-1993 | 1993-39301891 | |
| 30-12-1991 | full format | 30-06-1992 | 1992-17901686 | |
| 30-12-1990 | full format | 25-07-1991 | 1991-19800823 | |
| 30-12-1989 | full format | 07-06-1990 | 1990-07200183 | |
| 30-12-1988 | full format | 06-06-1989 | 1989-06700409 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 178,382 | 198,755 | 169,498 | 637,353 | -1,193 | 572,402 | 142,508 | 220,105 | 174,428 | 109,080 | 192,672 | 117,200 | 161,830 | 314,601 | 154,644 | 84,553 | 99,208 | 154,875 | 147,515 | 94,125 | ||
| 46,475 | 66,900 | 37,653 | 504,884 | -133,177 | 431,502 | -17,839 | 104,761 | 35,387 | -7,714 | 36,230 | -8,573 | 58,165 | 211,972 | 60,090 | -5,304 | 10,189 | 72,948 | 62,467 | 7,522 | ||
| 188,008 | 125,623 | 111,413 | 131,887 | 7,590 | -66,967 | 39,084 | 34,230 | 26,030 | 131,983 | 231,138 | 142,584 | 190,633 | 811,901 | 86,791 | 128,434 | 750 | 79,720 | 0 | 37,054 | ||
| -127,929 | -69,929 | -71,205 | 313,723 | -71,021 | 16,026 | -8,047 | -31,898 | 19,534 | -26,213 | 77,724 | 48,790 | -22,419 | -140,016 | 60,439 | 9,603 | 34,816 | -39,708 | 65,551 | - | ||
| 81,820 | 251,313 | 321,446 | 390,436 | 103,796 | 182,995 | 136,673 | 152,630 | 163,596 | 144,487 | 170,728 | 106,962 | 75,774 | -313,985 | 230,927 | 146,058 | 165,654 | 155,947 | 164,947 | 89,264 | ||
| -128.4% | -124.2% | -123.5% | -116.4% | -257.5% | -168.4% | -179.7% | -144.3% | -106.0% | -86.2% | -71.8% | -68.0% | -48.6% | -36.6% | -49.1% | -42.9% | -31.2% | -19.6% | -14.8% | -11.4% | ||
| 2.06 | 6.73 | 8.71 | 10.11 | - | 96.46 | 13.94 | 11.76 | 7.13 | 4.17 | 6.59 | 4.95 | 2.74 | 0.31 | 6.77 | 3.94 | 17.62 | 19.73 | 7.43 | 9.28 | ||
| -2.2% | 0.2% | -3.5% | 44.4% | -39.5% | 42.3% | -16.9% | -2.7% | -10.3% | -11.9% | -9.0% | -16.8% | -10.7% | -0.4% | -7.0% | -12.1% | -9.8% | -3.9% | -3.3% | -7.4% | ||
| 1.35 | 1.51 | 1.29 | 4.81 | -0.01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 30-12-2024 | 30-12-2023 | 30-12-2022 | 30-12-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €188,008 | €125,623 | €111,413 | €131,887 | €7,590 |
| €66,149 | €64,634 | €69,966 | €79,618 | €102,956 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on GALCOM
The operating result for 2025 is 16% lower than in 2024.
Equity is negative. Debt (€2.1m) exceeds the balance-sheet total (€906,747).