GALLAND
ActiveSummary
GALLAND has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,568 and a net result of €5,670. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 4801 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-22
Solvency74▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.17 against 2.03 in 2024; short-term debt: 44.5% of total assets), but 51.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.9%
Return on assets
3.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
34 d early
2023
8 d early
2022
17 d late
2021
31 d early
2020
47 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€87,568▲ 6.9%
2024 · €81,897
Total assets
€179,115▲ 13.8%
2024 · €157,408
Net result
€5,670▼ 58.4%
2024 · €13,641
Working capital
€93,533▲ 22.6%
2024 · €76,282
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14,269▲ 2,290%€5,735▼ 59.8%€16,389▲ 186%€24,796▲ 51.3%€12,490▼ 49.6%
Net result€10,771within the sector's middle half€2,207within the sector's middle half▼ 79.5%€9,424within the sector's middle half▲ 327%€13,641within the sector's middle half▲ 44.7%€5,670within the sector's middle half▼ 58.4%
Equity€56,625within the sector's middle half▲ 23.5%€58,832within the sector's middle half▲ 3.9%€68,256above the sector's middle half▲ 16.0%€81,897above the sector's middle half▲ 20.0%€87,568above the sector's middle half▲ 6.9%
Total assets€116,834within the sector's middle half▲ 22.3%€134,361within the sector's middle half▲ 15.0%€135,665within the sector's middle half▲ 1.0%€157,408within the sector's middle half▲ 16.0%€179,115within the sector's middle half▲ 13.8%
Debt€60,209▲ 21.2%€75,529▲ 25.4%€67,408▼ 10.8%€75,511▲ 12.0%€91,547▲ 21.2%
Working capital€52,709above the sector's middle half▲ 82.3%€56,392above the sector's middle half▲ 7.0%€66,284above the sector's middle half▲ 17.5%€76,282above the sector's middle half▲ 15.1%€93,533above the sector's middle half▲ 22.6%
Solvency48.5%within the sector's middle half▲ 0.5pp43.8%within the sector's middle half▼ 4.7pp50.3%within the sector's middle half▲ 6.5pp52.0%within the sector's middle half▲ 1.7pp48.9%within the sector's middle half▼ 3.1pp
Current ratio2.22within the sector's middle half▲ 0.611.89within the sector's middle half▼ 0.332.09within the sector's middle half▲ 0.212.03within the sector's middle half▼ 0.062.17within the sector's middle half▲ 0.14
Return on assets (ROA)9.2%within the sector's middle half▲ 10.5pp1.6%within the sector's middle half▼ 7.6pp6.9%within the sector's middle half▲ 5.3pp8.7%within the sector's middle half▲ 1.7pp3.2%within the sector's middle half▼ 5.5pp
Staff (FTE)0.71▲ 42.9%1=
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179,115
Fixed assets
€5,923 ▼ 19.3%
Current assets
€173,192 ▲ 15.4%
Equity and liabilities €179,115
Equity
€87,568 ▲ 6.9%
Debt
€91,547 ▲ 21.2%
Debt's share of the balance-sheet total rises from 48.0% to 51.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13,924▼
2024 · €27,505
Cash flow
€7,104▼
2024 · €16,350
Quick ratio
0.01▲
2024 · 0.01
Debt to equity
1.05▲
2024 · 0.92
ROE
6.5%▼
2024 · 16.7%
Interest coverage
4.29▼
2024 · 7.47
Debt ≤ 1 year
€79,659▲
2024 · €73,783
Debt > 1 year
€11,888▲
2024 · €1,728
Income taxes
€3,594▼
2024 · €7,552
Staff costs
€13,397▼
2024 · €14,424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €454 | €2,087 | €2,007 | €1,320 | €688 | ▼ 47.9% |
| Remuneration, social security and pensions62 | - | €8,514 | €13,656 | €14,424 | €13,397 | ▼ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,449 | €6,449 | €5,519 | €2,709 | €1,434 | ▼ 47.1% |
| Other operating charges640/8 | €1,215 | €22 | - | €7 | €63 | ▲ 769% |
| Gross operating margin9900 | €21,932 | €20,720 | €35,564 | €41,936 | €27,384 | ▼ 34.7% |
| Operating profit (loss)9901 | €14,269 | €5,735 | €16,389 | €24,796 | €12,490 | ▼ 49.6% |
| Financial income75/76B | €263 | €238 | €159 | €78 | €22 | ▼ 72.2% |
| Recurring financial income75 | €263 | €238 | €159 | €78 | €22 | ▼ 72.2% |
| Financial charges65/66B | €2,929 | €3,104 | €1,933 | €3,681 | €3,248 | ▼ 11.8% |
| Recurring financial charges65 | €2,929 | €3,104 | €1,933 | €3,681 | €3,248 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | €11,603 | €2,870 | €14,616 | €21,193 | €9,264 | ▼ 56.3% |
| Income taxes67/77 | €832 | €663 | €5,191 | €7,552 | €3,594 | ▼ 52.4% |
| Profit (loss) for the period9904 | €10,771 | €2,207 | €9,424 | €13,641 | €5,670 | ▼ 58.4% |
| Profit (loss) for the period to be appropriated9905 | €10,771 | €2,207 | €9,424 | €13,641 | €5,670 | ▼ 58.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €116,834 | €134,361 | €135,665 | €157,408 | €179,115 | ▲ 13.8% |
| Fixed assets21/28 | €20,799 | €14,351 | €8,832 | €7,343 | €5,923 | ▼ 19.3% |
| Tangible fixed assets22/27 | €18,233 | €11,784 | €6,265 | €4,768 | €3,334 | ▼ 30.1% |
| Plant, machinery and equipment23 | €5,430 | €3,000 | €1,500 | €1,194 | €952 | ▼ 20.3% |
| Other tangible fixed assets26 | €12,803 | €8,784 | €4,765 | €3,574 | €2,382 | ▼ 33.3% |
| Financial fixed assets28 | €2,567 | €2,567 | €2,567 | €2,576 | €2,589 | ▲ 0.5% |
| Current assets29/58 | €96,035 | €120,010 | €126,833 | €150,065 | €173,192 | ▲ 15.4% |
| Stocks and contracts in progress3 | €91,814 | €117,811 | €126,340 | €149,492 | €172,555 | ▲ 15.4% |
| Stocks30/36 | €91,814 | €117,811 | €126,340 | €149,492 | €172,555 | ▲ 15.4% |
| Amounts receivable within one year40/41 | €3,850 | €1,795 | €116 | €37 | - | - |
| Trade receivables40 | €2,747 | - | - | - | - | - |
| Other amounts receivable41 | €1,103 | €1,795 | €116 | €37 | - | - |
| Deferred charges and accrued income490/1 | €371 | €404 | €376 | €536 | €637 | ▲ 18.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €116,834 | €134,361 | €135,665 | €157,408 | €179,115 | ▲ 13.8% |
| Equity10/15 | €56,625 | €58,832 | €68,256 | €81,897 | €87,568 | ▲ 6.9% |
| Contributions10/11 | €17,900 | €17,900 | €17,900 | €17,900 | €17,900 | = |
| Reserves13 | €38,725 | €40,932 | €50,356 | €63,997 | €69,668 | ▲ 8.9% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | €36,725 | €38,932 | €50,356 | €63,997 | €69,668 | ▲ 8.9% |
| Amounts payable17/49 | €60,209 | €75,529 | €67,408 | €75,511 | €91,547 | ▲ 21.2% |
| Amounts payable after more than one year17 | €16,883 | €11,911 | €6,859 | €1,728 | €11,888 | ▲ 588% |
| Financial debts170/4 | €16,883 | €11,911 | €6,859 | €1,728 | €11,888 | ▲ 588% |
| Amounts payable within one year42/48 | €43,326 | €63,618 | €60,549 | €73,783 | €79,659 | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | €4,895 | €4,973 | €5,051 | €5,131 | €8,242 | ▲ 60.6% |
| Financial debts43 | €10,212 | €3,889 | €10,328 | €11,184 | €12,730 | ▲ 13.8% |
| Credit institutions430/8 | - | €3,889 | €10,328 | €11,184 | €12,730 | ▲ 13.8% |
| Other loans439 | €10,212 | - | - | - | - | - |
| Trade debts44 | €17,322 | €41,826 | €27,479 | €23,124 | €25,768 | ▲ 11.4% |
| Suppliers440/4 | €17,322 | €41,826 | €27,479 | €23,124 | €25,768 | ▲ 11.4% |
| Taxes, remuneration and social security45 | €10,897 | €12,930 | €16,968 | €23,969 | €16,830 | ▼ 29.8% |
| Taxes450/3 | €10,897 | €10,617 | €13,576 | €20,473 | €13,184 | ▼ 35.6% |
| Remuneration and social security454/9 | - | €2,313 | €3,392 | €3,496 | €3,646 | ▲ 4.3% |
| Other amounts payable47/48 | - | - | €722 | €10,375 | €16,088 | ▲ 55.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,771 | €2,207 | €9,424 | €13,641 | €5,670 | ▼ 58.4% |
| + Depreciation and write-downs630 | €6,449 | €6,449 | €5,519 | €2,709 | €1,434 | ▼ 47.1% |
| Operating cash flow (approximation) | €17,220 | €8,656 | €14,943 | €16,350 | €7,104 | ▼ 56.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,221 | -€14 | ▲ 98.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €13,641 ▲44.7%
Operating result €24,796, net result €13,641, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10,771
Net result €10,771 after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€1,254
Net result drops to -€1,254, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Keerbergen · 1 establishment unit since 2003
Ground area
1,643 m²
Building footprint
521 m²
Volume, LiDAR
3,474 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MARIA GALLAND SCHOONHEIDSINSTITUUT-LINGERIE
since 20032.123.576.260
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048A0344/00R000 | Flanders | 1,185 m² | 1 · 210 m² | 6.4 m · 1 fl. |
| 24048B0142/00P000 | Flanders | 457 m² | 1 · 310 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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ALILA
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Of 24,852 companies in this sector we hold annual accounts for 1,447. 1,036 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded10-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47714Retail trade
96220Beauty care and other beauty treatments
47715Retail trade
47750Retail sale of cosmetics and toilet articles
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479291945
Registered
13-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.