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GALLE

Active
Private limited companyfounded 2003active for 23 yearsHammestraat 23, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0479.878.497
Summary

GALLE has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,951 and a net result of €5,294. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 63% of 152 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 27-03-2003 Normal situation
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture NACE 31004and 2 others
Joint committee
126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 2025
Establishment unit
2.126.653.338 9220 Hamme (Vl.), since 28-04-2003
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€173,815
▲ 14.3%
Turnover
≈ €440,000
estimated
Profit
€5,294
Equity
€120,951
▲ 4.6%
Total assets
€223,291
▼ 4.8%
Employees on 31-12-2025
4
=
Filed on 17-07-2026, 14 days before the deadline
Score breakdownraises riskSector: Manufacture of furniture (NACE 31)1 of the last 3 accounts lateSize: 3.6 FTE, total assets €223,291lowers riskFounded in 2003Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in furniture (NACE 31)
Financial strength · tick: 2024
Strong
Solvency 79+5
equity 54.2% of total assets
Liquidity 42+8
short-term debt 43.5% · cash 10.1%
Profitability 65+17
return on assets 2.4%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 12-2024: 1.2%highest value 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.1%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▼ -0.1 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.5 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.09 (1.98 in 2024), above the usual 1.5. Short-term debt is 43.5% and cash 10.1% of total assets. 45.8% of the assets are financed with debt and provisions.
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 31, micro). It does better than 63% of them on solvency, 36% on liquidity, 42% on profitability and 53% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Size: 3.6 FTE, total assets €223,291
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
6 days early
2023
76 days late
2022
46 days late
2021
20 days early
2020
9 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 80% of companies in furnituresector median €1.1m · 152 companies €120,951 View

Recent changes

  1. · Gazette deed Resignations: GALLE Jan (manager) and GALLE Raf (manager)Reappointments: GALLE Jan (director) and GALLE Raf (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as GALLE: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €179,000 and €376,000, founded between 1993 and 2007.

CompanyTotal assetsGross margin
GALLE Hamme (Vl.)€223,291€173,815
K & M INTERIEURS Wuustwezel€179,419€173,456
INTERNI EDITION Evere€302,377€245,680
MENUISERIE SERVATY Blégny€306,945€205,049
Atelier 267 Grimbergen€317,978€286,698
HALLECO Sint-Gillis (bij-Brussel)€200,307€169,788
VANACKER WILLY Kortemark€376,244€275,987
Full comparison

Key facts about GALLE

What is the company number of GALLE?
The company number of GALLE is 0479.878.497. The VAT number is the same number with BE in front: BE 0479.878.497.
Where is GALLE based?
The registered office is at Hammestraat 23, 9220 Hamme (Vl.).Company details
What does GALLE do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of GALLE?
The legal form of GALLE is Private limited company (BV).
When was GALLE founded?
GALLE was founded on 27-03-2003.
Is GALLE still active?
Yes, GALLE is an active enterprise in the KBO register.
How many employees does GALLE have?
GALLE had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GALLE fall under?
In its 2025 annual accounts, GALLE states joint committee 126 (Paritair Comité voor de stoffering en de houtbewerking).
What is the turnover of GALLE?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €173,815 and 1,644 comparable companies of the same size. It probably lies between €270,000 and €830,000. It is a rough estimate.
Is GALLE profitable?
In financial year 2025, GALLE made a profit of €5,294.
Where can I find the annual accounts of GALLE?
GALLE filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GALLE due?
GALLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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