Equity
-€1.9m from €202,683 in 2018
Equity fell below zero in 2019.
GALI
Lifetime
10 annual accounts with figures on one time axis, 23 filings since 1992peak €221,610 (2018)
€213,531▼ 3.6%
lowest -€2.1m (2019)
-€2.1m▼ €2.1m
peak €202,683 (2018)
-€1.9m▼ €2.1m
€2.2m▲ 19×
peak 4.7 FTE (2019)
4.7 FTE▲ 30.6%
Board2 names since 2021
-
Documentsfilings and deeds
25-09-202056 days late
2019micro format
Loss of €2.1mStaff from 3.6 FTE to 4.7 FTEStrikeout withdrawal 14-10Equity from €202,683 to -€1.9mDebts from €113,344 to €2.2mCash from €30,645 to €1,390
Key points
from the 2019 annual accounts, the last ones filedDebts
€2.2m 721% of the balance sheet
After one year 0%Within one year 100%
Of this, €2.2m falls due within a year.
Filings
23 annual accounts since 1992
Nine of the last ten came late. The 2016 accounts came latest: 226 days after the end of the period.
No score
Signals
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- BankruptThis companyjudgment 03-05-2021
E.N.C.S. was founded 2 months after the bankruptcy of this company. ESSABRI Abdelnasser Farid sat on both boards.
- ESSABRI Abdelnasser Farid director of both
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Liège, Liège division · judgment of 15-11-2022 · Bankruptcy
Bankruptcy published
Enterprise Court of Liège, Liège division · judgment of 03-05-2021 · Bankruptcy
Capital increase of €31,013.31 to €62,000
Capital from €30,986.69 to €62,000 · Appointment: ESSABRI Abdelnasser Farid (sole director) · Resignation: organes sociaux élus (director) · General meeting of 10-12-2020 · Gazette deed
Strikeout withdrawal
effective 20-09-2019 · KBO administration
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 14-12-1991 · bankruptcy closed on 15-11-2022
- Activity
- “La tenue et l’exploitation de tavernes,débits de boissons et dancings,ainsi que l’organisation de spectacles…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on GALI
Equity fell from €202,683 in 2018 to -€1.9m in 2019, while debts rose from €113,344 to €2.2m.
On 3 May 2021 the court declared GALI bankrupt.
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 GALI
- What is the company number of GALI?
- The company number of GALI is 0445.799.330. The VAT number is the same number with BE in front: BE 0445.799.330.
- What is the legal form of GALI?
- Legal form of GALI: SA.
- Is GALI still active?
- No. GALI is inactive in the KBO register.Company details
- How many employees did GALI have?
- GALI had an average of 4.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of GALI?
- The turnover in financial year 2019 is ≈ €530,000. This figure is estimated from the gross margin of €213,531 and 2,203 comparable companies of the same size. It probably lies between €360,000 and €830,000. It is a rough estimate.
- Is GALI profitable?
- In financial year 2019, GALI made a loss of €2.1m.
- Where can I find the annual accounts of GALI?
- GALI filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2019.