GALLERY
ActiveThe computed 12-month bankruptcy probability of GALLERY is 2.8% (moderate). The 2025 annual accounts show negative equity (€-3k) and a net result of €-59k. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 3603 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
7
/ 100
Critical▼ -38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency35▼-43
Growth32=
Stability100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 1.63 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15.5%
Return on assets
-321.5%
Age of the figures
8 mo
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
330 d late
2023
51 d late
2022
17 d late
2021
36 d late
2020
86 d late
2019
108 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-3k
2024 · €56k
2018: €89k
2019: €111k
2020: €92k
2021: €77k
2022: €82k
2023: €90k
2024: €56k
2018 → 2025
Total assets
€18k▼ 86.3%
2024 · €134k
2018: €113k
2019: €147k
2020: €110k
2021: €126k
2022: €105k
2023: €120k
2024: €134k
2018 → 2025
Net result
€-59k▼ 74.6%
2024 · €-34k
2018: €38k
2019: €22k
2020: €-20k
2021: €-15k
2022: €5k
2023: €8k
2024: €-34k
2018 → 2025
Working capital
€-9k
2024 · €49k
2018: €84k
2019: €108k
2020: €88k
2021: €71k
2022: €78k
2023: €81k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€82k▲ 6.9%€90k▲ 9.3%€56k▼ 37.6%€-3k
Operating result€-17k-€7k€12k▲ 69.3%€-26k€-43k▼ 63.8%
Net result€-15k-€5k€8k▲ 43.9%€-34k€-59k▼ 74.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €43k in 2025 against €26k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€6k▼ 6.8%
Current assets
€12k▼ 90.5%
Key figures and ratios
EBITDA
€-42k▼
2024 · €-24k
Cash flow
€-58k▼
2024 · €-32k
Solvency
-15.5%▼
2024 · 41.8%
Current ratio
0.57▼
2024 · 1.63
Quick ratio
0.49▼
2024 · 1.58
Debt / equity
-7.44▼
2024 · 1.39
ROA
-321.5%▼
2024 · -25.1%
Interest coverage
-2.63▼
2024 · -1.70
Debt
€21k▼
2024 · €78k
Debt ≤ 1 year
€21k▼
2024 · €78k
Staff costs
€135k▼
2024 · €149k
A ratio outside any meaningful range has been withheld (balance sheet total €18k, equity €-3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€134k€18k▼
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€1k€750▼
Furniture and vehicles24€5k€5k▼
Financial fixed assets28€486€486=
Current assets29/58€128k€12k▼
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€80k€2k▼
Trade receivables40€301-
Other amounts receivable41€80k€2k▼
Current investments50/53€59€0▼
Cash at bank and in hand54/58€36k-
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€134k€18k▼
Equity10/15€56k€-3k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-12k€-71k▼
Amounts payable17/49€78k€21k▼
Amounts payable within one year42/48€78k€21k▼
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€26k€16k▼
Suppliers440/4€26k€16k▼
Taxes, remuneration and social security45€52k€3k▼
Taxes450/3€29k€2k▼
Remuneration and social security454/9€24k€948▼
Other amounts payable47/48-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€149k€135k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€456▼
Other operating charges640/8€10k€3k▼
Gross operating margin9900€134k€96k▼
Operating profit (loss)9901€-26k€-43k▼
Financial income75/76B€7k€1▼
Recurring financial income75€7k€1▼
Financial charges65/66B€14k€16k▲
Recurring financial charges65€14k€16k▲
Profit (loss) for the period before taxes9903€-34k€-59k▼
Profit (loss) for the period9904€-34k€-59k▼
Profit (loss) for the period to be appropriated9905€-34k€-59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-71k▼
Profit (loss) brought forward from the previous period14P€22k€-12k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 330 days late
2025
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Equity above €100kEq €111k ▲25.1%
2 profitable years in a row build equity to €111k.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 141 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Jessica Nguyen Ngoc Thanh
CurrentDirector · since 17-04-2025
17-04-2025
Jessica Nguyen Ngoc Thanh: Appointed as Director
17-04-2025
Nguyen Ngoc Thanh Maurice: Resigned as Director
03-02-2025
Nguyen Ngoc Thanh Maurice: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grotehertstraat 71000 BrusselGround area
567 m²
Building footprint
565 m²
Volume, LiDAR
8,750 m³
Parcel 21808H0983/00C000, Brussels · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GALLERY
since 19882.038.790.540
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H0983/00C000 | Brussels | 567 m² | 1 · 565 m² | 24.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
S A M
BE 0809.276.542
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Le Bel'Lallia
BE 0651.728.251
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OUD SEMPST
BE 0526.815.413
Zemst · Eq €56k
SEIF
BE 0430.135.315
Tournai · Eq €56k
DISPENZA LAURIA
BE 0603.985.544
Anderlecht · Eq €56k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 9,748 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-02-1988
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.