GALILEO ENERGY
ActiveSummary
GALILEO ENERGY has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €147,087. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 95% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 21-08-2008 Normal situation
- Activity
- General electrical installation work NACE 43211and 1 other
- Establishment unit
- 2.178.093.923 9890 Gavere, since 04-05-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Board and ownership
- Matthias DEN HAESEDirector · since 01-04-2024
- Michiel DEN HAESEDirector · since 01-04-2024
- DEN HAESE PATRICKDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €242,941
- ▼ 39.8%
- Turnover
- ≈ €690,000
- estimated
- Profit
- €147,087
- ▼ 38.9%
- Equity
- €1.1m
- ▲ 15.7%
- Total assets
- €1.2m
- ▲ 5.2%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 17.78, cash €719,813Equity €1.1m (91.0% of total assets)Figures for financial year 2025 (filed on 08-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 67% on profitability and 63% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher solvency than 95% of companies in specialised constructionsector median 44.0% · 9,909 companies 91.0% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €147,087 8 years View
- Caution: Result fell in 2025from €240,913 to €147,087 ▼ 38.9% View
Recent changes
- · Gazette deed Appointments: Matthias DEN HAESE (director) and Michiel DEN HAESE (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GALILEO ENERGY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €901,000 and €1.5m, founded between 2005 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| GALILEO ENERGY Gavere | €1.2m | €0.2m |
| VENTILATIE STROEF Wevelgem | €1.3m | €0.3m |
| Lamont Energietechniek Ingelmunster | €1.5m | €0.3m |
| ISJA Brakel | €0.9m | €0.2m |
| ELECTRO SERVICE DUPON Beveren-Kruibeke-Zwijndrecht | €1.5m | €0.3m |
| ELECTRO ANECA Wingene | €1.2m | €0.4m |
| ELECTRO CAURETTE Waregem | €1.0m | €0.2m |
Key facts about GALILEO ENERGY
- What is the company number of GALILEO ENERGY?
- The company number of GALILEO ENERGY is 0899.898.296. The VAT number is the same number with BE in front: BE 0899.898.296.
- Where is GALILEO ENERGY based?
- The registered office is at Graaf L. de Lichterveldestraat 22, 9890 Gavere.Company details
- What does GALILEO ENERGY do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of GALILEO ENERGY?
- The legal form of GALILEO ENERGY is Private limited company (BV).
- When was GALILEO ENERGY founded?
- GALILEO ENERGY was founded on 21-08-2008.
- Is GALILEO ENERGY still active?
- Yes, GALILEO ENERGY is an active enterprise in the KBO register.
- How many employees does GALILEO ENERGY have?
- GALILEO ENERGY had an average of 0.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of GALILEO ENERGY?
- The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €242,941 and 57 comparable companies (NACE 43211). It probably lies between €500,000 and €840,000.
- Is GALILEO ENERGY profitable?
- In financial year 2025, GALILEO ENERGY made a profit of €147,087.
- Where can I find the annual accounts of GALILEO ENERGY?
- GALILEO ENERGY filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GALILEO ENERGY due?
- GALILEO ENERGY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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