GALET J

Active

Private limited companyfounded 1990active for 36 yearsRue Armand Heptia 16, 4317 Faimes, BelgiumKBO/BCE: BE 0440.634.772

Summary

GALET J has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.2m and a net result of €14,105. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 44% of 92 sector peers (NACE 01, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

GALET JActiveChecked score 90/100

Risk analysis Report Compare

Activity

Mixed farming

NACE 01500

Largest company by total assets in Faimes, Agriculture, forestry and fishing sector2 sites

Size

€8.8mtotal assets 2026

Equity: €3.2m
Profit: €14,105

Financial health

90 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Holdings: 1

GALET Valentin, Joseph, Marcel, BenoîtDirector

2026 accounts 10 days early1 of 6 deeds summarised

Why 90raises riskLiquidity: current ratio 0.36, cash €22,561, halvedlowers riskSize: total assets €8.8mFounded in 1990Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2026

90 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 25% of its sector peers (NACE 01, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Weak

Solvency 62-5

equity 37.0% of total assets

Liquidity 26+1

short-term debt 49.1% · cash 0.3%

Profitability 37=

return on assets 0.2%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (903 companies, NACE 01, small)

Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value

Credit of up to €290,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.36, compared with 0.24 in 2025, below 1; short-term debt: 49.1% and cash: 0.3% of total assets), and 63% of the assets are financed with debt and provisions.

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 01, small): better than 46% on solvency, 15% on liquidity, 13% on profitability and 27% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.36, cash €22,561, halved

NBB · annual accounts

Size: total assets €8.8m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1990

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Crop and animal production, hunting and related service activities (NACE 01)

KBO

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-10-2026, 10 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2026

10 days early

2025

8 days early

2024

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 16 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 21 October (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-10-2026 Annual accounts filedfinancial year 2026 · abbreviated…
23-10-2025 Annual accounts filedfinancial year 2025 · full…
31-03-2025 Back to profitnet €36,987

Key points

Positive: Largest company by total assets in Faimes, Agriculture, forestry and fishing sectorin the Checked rankings No. 1 View
Active since 1990founded 31-05-1990 36 years View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2026
Total assets: €8.8m
Profit: €14,105
Solvency: 37.0%

Total assets▲ 13.9%

Net result

20242026

Go to Financials

Board & ownership

Board: 1 member

GALET Valentin, Joseph, Marcel, BenoîtDirector

Go to Board & ownership

Network & group

Holdings: 1
Connected companies: 1

1 holding

Go to Network & group

Timeline

Events: 5
Since: 2024
Next accounts: by 31-10-2027

30-09-2024Annual accounts filed
17-01-2024Legal-form change

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Mixed farmingNACE 01500
Founded: 31-05-1990
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

See the provisions in the deeds

Go to Articles of association

Key facts about GALET J

What is the company number of GALET J?: 0440.634.772. In Belgium the VAT number is the company number with BE in front: BE 0440.634.772.
Where is GALET J based?: The registered office is at Rue Armand Heptia 16, 4317 Faimes.Company details
What does GALET J do?: According to the KBO register, the main activity is mixed farming (NACE 01500).
What is the legal form of GALET J?: Private limited company (BV).
When was GALET J founded?: On 31-05-1990.
Is GALET J still active?: Yes, GALET J is an active enterprise in the KBO register.
What is the turnover of GALET J?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GALET J profitable?: In financial year 2026, GALET J made a profit of €14,105.
Where can I find the annual accounts of GALET J?: GALET J filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of GALET J due?: By 31-10-2027, for financial year 2027.Timeline