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Active
BE 0819.941.394Private limited company (pre-2019)Open bankruptcy
GALEX BELGE
Hanswijk de Bercht 36 ·2800 Mechelen, Belgium· 16 yrs active
Sector: Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
(46150)
Conclusion
A bankruptcy procedure is open for GALEX BELGE according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-221k) and a net result of €18k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-221k |
| Net result | €18k |
| Better than sector | 9% |
| Active | 16 yrs |
Financial profile
20
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
0
Solvency
41
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 17-12-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -87.8% | 25.2% | |
| Net result | €18k | €4k | |
| Equity | €-221k | €20k | |
| Gross operating margin | €23k | €18k | |
| Total assets | €252k | €101k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€18k
-
20-23
€252k
0.0%
20-23
€-221k
+7.7%
20-23
€-51k
+26.6%
20-23
€454
+0.7%
20-23
€472k
-3.7%
20-23
€300k
-5.8%
20-23
€172k
0.0%
20-23
Show 6 other metrics
0.83
+6.1%
20-23
0.25
+34.6%
20-23
-87.8%
+7.7%
20-23
-2.14
-4.3%
20-23
-8.4%
-
20-23
7.3%
-
20-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €18k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €454 |
| Dividends | - |
| Total assets | €252k |
| Equity | €-221k |
| Debt | €472k |
| of which ≤ 1y | €300k |
| of which > 1y | €172k |
| Working capital | €-51k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.25 |
| Working capital ratio | -20.2% |
| Solvency | -87.8% |
| Debt / equity | -2.14 |
| Long-term debt ratio | -0.78 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 7.3% |
| ROE | -8.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €252k |
| Fixed assets | 21/28 | €2k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €250k |
| Stocks & contracts in progress | 3 | €175k |
| Amounts receivable within one year | 40/41 | €71k |
| Investments | 50/53 | €0 |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €252k |
| Equity | 10/15 | €-221k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-239k |
| Amounts payable | 17/49 | €472k |
| Amounts payable after one year | 17 | €172k |
| Amounts payable within one year | 42/48 | €300k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €23k |
| Operating result | 9901 | €22k |
| Financial income | 75 | €9 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €19k |
| Income taxes | 67/77 | €454 |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KAROLIEN VAN DEN BERGHEN FREDERIK DE MERO-
DESTRAAT 94-96, 2800 MECHELEN |
02-03-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren(46150) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 21-10-2009 |
| Status | Active |
| Postal code | 2800 |
| First BS signal | 06-03-2026 |
| Latest BS signal | 06-03-2026 |
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0283/00M000 | Flanders | 163 m² | 1 · 163 m² | 14.3 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
06-03-2026
Bankruptcy
Opening
2024
17-12-2024
NBB filing
Annual accounts filed
17-12-2024
NBB filing
Annual accounts filed
11-10-2024
State Gazette act
Statutes amendment
2022
30-09-2022
NBB filing
Annual accounts filed
2021
30-10-2021
NBB filing
Annual accounts filed
2020
10-11-2020
NBB filing
Annual accounts filed
2019
30-09-2019
NBB filing
Annual accounts filed
2018
31-08-2018
NBB filing
Annual accounts filed
2017
31-08-2017
NBB filing
Annual accounts filed
2016
31-08-2016
NBB filing
Annual accounts filed
2015
19-11-2015
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
06-03-2026
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2024
11-10-2024 Articles of association amended
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Mechelen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-10-11",
"filing_date": "2024-10-09",
"act_kind_objet": "Ontslag bestuurder"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2024-07-29",
"unanimous": true
},
"statute_change": {
"kinds": [],
"scope": null,
"trigger": null,
"language_after": null,
"language_before": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0819.941.394",
"name_full_after": "GALEX BELGE",
"legal_form_after": "Besloten vennootschap",
"name_full_before": "GALEX BELGE",
"current_zetel_raw": "2800 Mechelen, Hanswijk de Bercht 36",
"legal_form_before": "Besloten vennootschap",
"_kbo_filled_from_list": true
},
"special_mandates": [],
"articles_modified": [],
"governance_change": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"shareholder_rights": null,
"voorwerp_change_summary": null,
"capital_structure_change": null,
"coordinated_text_lineage": null
}Credit advice
Company registry (CBE)
Activities
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren46150Detailhandel in andere huishoudelijke artikelen, neg47559Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.47599Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716Detailhandel in tweedehandskleding47792
Primary activity highlighted.
Names & trade names
| Legal nameNL | GALEX BELGE |
Registered office
Hanswijk de Bercht 36
2800 Mechelen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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