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GALILEO SERVICES

Active
Private limited companyfounded 2023active for 3 yearsLeuvensesteenweg 311, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0795.830.263
Summary

The computed 12-month bankruptcy probability of GALILEO SERVICES is 9.5% (elevated). The latest annual accounts of GALILEO SERVICES were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €21,930 and a net result of €18,930. Its solvency ranks better than 95% of 17,671 sector peers (NACE 56, financial year 2023). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2023, micro format

2023 annual accounts filed late (96 days) Filed on 4 November 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00526555.

Equity
€21,930
Total assets
€25,541
Net result
€18,930
Working capital
€21,930

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €25,541
Equity €21,930
Debt €3,612
Debt finances 14.1% of the balance-sheet total.
Key figures and ratios
2023 value
Current ratio
7.07
Quick ratio
6.91
Debt to equity
0.16
ROE
86.3%
ROA
74.1%
Debt ≤ 1 year
€3,612
Staff costs
€1,854
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 28 lines
Balance sheet Code2023
Assets
Total assets20/58€25,541
Current assets29/58€25,541
Stocks and contracts in progress3€591
Stocks30/36€591
Amounts receivable within one year40/41€22,285
Other amounts receivable41€22,285
Cash at bank and in hand54/58€2,666
Equity and liabilities
Total equity and liabilities10/49€25,541
Equity10/15€21,930
Contributions10/11€3,000
Profit (loss) carried forward14€18,930
Amounts payable17/49€3,612
Amounts payable within one year42/48€3,612
Trade debts44€2,901
Suppliers440/4€2,901
Taxes, remuneration and social security45€711
Taxes450/3€232
Remuneration and social security454/9€479
Income statement Code2023
Remuneration, social security and pensions62€1,854
Other operating charges640/8€250
Gross operating margin9900€21,158
Operating profit (loss)9901€19,054
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€18,930
Profit (loss) for the period9904€18,930
Profit (loss) for the period to be appropriated9905€18,930
Appropriation of the result
Profit (loss) to be appropriated9906€18,930

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Remuneration, social security and pensions62€1,854
Other operating charges640/8€250
Gross operating margin9900€21,158
Operating profit (loss)9901€19,054
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€18,930
Profit (loss) for the period9904€18,930
Profit (loss) for the period to be appropriated9905€18,930
Line2023
Assets
Total assets20/58€25,541
Current assets29/58€25,541
Stocks and contracts in progress3€591
Stocks30/36€591
Amounts receivable within one year40/41€22,285
Other amounts receivable41€22,285
Cash at bank and in hand54/58€2,666
Equity and liabilities
Total equity and liabilities10/49€25,541
Equity10/15€21,930
Contributions10/11€3,000
Profit (loss) carried forward14€18,930
Amounts payable17/49€3,612
Amounts payable within one year42/48€3,612
Trade debts44€2,901
Suppliers440/4€2,901
Taxes, remuneration and social security45€711
Taxes450/3€232
Remuneration and social security454/9€479
Line2023
Profit (loss) for the period9904€18,930
Operating cash flow (approximation)€18,930

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2023 micro format 04-11-2024 2024-00526555

Similar companies · same sector, comparable size

Of the 13,725 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 4,906. 4,037 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.