Losses
-€14,397 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
GALEN DYNAMICS
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €33,305 (2021)
-€2,746▼ €3,322
lowest -€8,437 (2024)
-€5,960▲ €2,477
peak €50,198 (2023)
€35,801▼ 14.3%
€87,934▼ 20.3%
Board1 name since 2023
-
Documentsfilings and deeds
12-05-202680 days before the deadline
2025micro format
Gross margin from €576 to -€2,746Loss of €5,960Equity from €41,761 to €35,801Debts from €110,321 to €87,934Cash from €20,371 to €668
Key points
from the 2025 annual accountsDebts
€87,934 71% of the balance sheet
Financial debts 84%Suppliers 2%Taxes and wages 3%Other 10%
Of this, €13,934 falls due within a year.
Liquidity
8.64 was 4.09 in 2024
Short-term debts fell from €36,321 to €13,934.
Turnover not published (abbreviated or micro format)
Checked score
86
Excellent
Financially stronger than 28% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026highest value
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €5,960, the second in a row (financial year 2025)
Liquidity: current ratio 8.64, cash €668, halved
lowers risk
Founded in 1993
Size: total assets €123,735
Calculation
The band follows from the bankruptcy probability. 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 73, micro). It does better than 33% of them on solvency, 33% on liquidity, 17% on profitability and 27% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as GALEN DYNAMICS has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GALEN DYNAMICS itself is lower: 0.2% within 12 months. It rests on far more data about GALEN DYNAMICS than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 companies, not a prediction for GALEN DYNAMICS. 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
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.64 (4.09 in 2024), above the usual 1.5. Short-term debt is 11.3% and cash 0.5% of total assets. However, 71.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,960
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 days early
2024
74 days early
2023
51 days early
2022
89 days early
2021
47 days early
2020
26 days early
2019
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449877486
Change of role: VERHOEVEN Daniël, from manager to director
“De ontwikkeling,de aankoop en de verkoop aan professionele en particuliere gebruikers van producten en…” (deed in Dutch) · Director discharge: VERHOEVEN Daniël · General meeting of 27-09-2023 · Gazette deed
First establishment
St. Bernardse steenweg 100, Hemiksem
Incorporation
published on 13-05-1993 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GALEN DYNAMICS Hemiksem | €123,735 | -€2,746 | 28.9% | - |
| PHILIPSEN en PARTNERS Putte | €135,597 | -€6,746 | 35.7% | - |
| MAXIMUM Mont-Saint-Guibert | €126,268 | -€47 | 91.6% | - |
| RTN ADVERTISING & EDITION Grimbergen | €132,276 | €784 | 97.6% | - |
| ENTRACTES Libin | €126,333 | -€6,480 | 1.8% | - |
| STUDIO TURQUOISE Forest | €136,153 | -€45,636 | 88.8% | - |
| B 2 B CONSULT-banking Namur | €114,479 | €892 | 96.5% | - |
These companies have the same main activity as GALEN DYNAMICS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €114,000 and €136,000, founded between 1989 and 1996.
Official details
Source: KBO- Status
- Active since 27-04-1993Normal situation
- Activity
- Advertising agenciesNACE 73110
- Establishment unit
- 2.061.941.8662620 Hemiksem, since 04-05-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 07-07-2025
Annual accounts 2025
- €123,735▼ 18.6%
- Filing
- Filed on 12-05-2026, 80 days before the end of the filing period
Insights on GALEN DYNAMICS
GALEN DYNAMICS files the micro format. That format states no turnover. The gross margin fell from €189 in 2006 to -€2,746 in 2025.
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 GALEN DYNAMICS
- What is the company number of GALEN DYNAMICS?
- The company number of GALEN DYNAMICS is 0449.877.486. The VAT number is the same number with BE in front: BE 0449.877.486.
- Where is GALEN DYNAMICS based?
- The registered office is at St. Bernardse steenweg 100B, 2620 Hemiksem.Company details
- What does GALEN DYNAMICS do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of GALEN DYNAMICS?
- GALEN DYNAMICS is a private limited company (BV).
- When was GALEN DYNAMICS founded?
- GALEN DYNAMICS was founded on 27-04-1993.
- Is GALEN DYNAMICS still active?
- Yes, GALEN DYNAMICS is an active enterprise in the KBO register.
- What is the turnover of GALEN DYNAMICS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is GALEN DYNAMICS profitable?
- In financial year 2025, GALEN DYNAMICS made a loss of €5,960.
- Where can I find the annual accounts of GALEN DYNAMICS?
- GALEN DYNAMICS filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GALEN DYNAMICS due?
- GALEN DYNAMICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.