Gallibas
ActiveSummary
Gallibas has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €740,162. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 14% of 1764 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+6
Solvency35▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.26 in 2024; short-term debt: 13.8% and cash: 9% of total assets), but 89.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
10.3%
Return on assets
6.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1764 sector peers (2025).
NBB · sector comparisonPosition among 1764 sector peers
Solvency
better than 14%
← weakest
strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
53 d early
2024
17 d early
2023
on the day
2022
31 d early
2021
60 d early
2020
31 d early
2019
45 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 34 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.1m▲ 193%
2024 · €384,219
Total assets
€10.9m▲ 1.4%
2024 · €10.8m
Net result
€740,162▲ 328%
2024 · €173,070
Working capital
€1.3m▲ 175%
2024 · €467,069
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,699▲ 18.7%€121,430▲ 231%€63,224▼ 47.9%€236,173▲ 274%€1.3m▲ 430%
Net result€4,952within the sector's middle half▲ 1,111%€82,350within the sector's middle half▲ 1,563%€29,672within the sector's middle half▼ 64.0%€173,070within the sector's middle half▲ 483%€740,162above the sector's middle half▲ 328%
Equity€99,127below the sector's middle half▲ 5.3%€181,477within the sector's middle half▲ 83.1%€211,149within the sector's middle half▲ 16.4%€384,219within the sector's middle half▲ 82.0%€1.1mwithin the sector's middle half▲ 193%
Total assets€2.0mwithin the sector's middle half▼ 5.1%€1.8mwithin the sector's middle half▼ 9.8%€1.7mwithin the sector's middle half▼ 7.5%€10.8mabove the sector's middle half▲ 546%€10.9mabove the sector's middle half▲ 1.4%
Debt€1.9m▼ 5.6%€1.6m▼ 14.6%€1.5m▼ 10.2%€10.4m▲ 614%€9.8m▼ 5.7%
Working capital-€344,998below the sector's middle half▼ 3.6%-€276,393below the sector's middle half▲ 19.9%-€222,769below the sector's middle half▲ 19.4%€467,069within the sector's middle half€1.3mabove the sector's middle half▲ 175%
Solvency5.0%below the sector's middle half▲ 0.5pp10.1%below the sector's middle half▲ 5.1pp12.7%below the sector's middle half▲ 2.6pp3.6%below the sector's middle half▼ 9.1pp10.3%below the sector's middle half▲ 6.7pp
Current ratio0.48below the sector's middle half▼ 0.040.41below the sector's middle half▼ 0.060.44below the sector's middle half▲ 0.031.26within the sector's middle half▲ 0.821.85within the sector's middle half▲ 0.59
Return on assets (ROA)0.2%within the sector's middle half▲ 0.2pp4.6%within the sector's middle half▲ 4.3pp1.8%within the sector's middle half▼ 2.8pp1.6%within the sector's middle half▼ 0.2pp6.8%within the sector's middle half▲ 5.2pp
Staff (FTE)3.6within the sector's middle half7.2above the sector's middle half▲ 100%
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 430% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.9m
Fixed assets
€8.1m ▼ 4.1%
Current assets
€2.8m ▲ 21.8%
Equity and liabilities €10.9m
Equity
€1.1m ▲ 193%
Debt
€9.8m ▼ 5.7%
Debt's share of the balance-sheet total falls from 96.4% to 89.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.1m▲
2024 · €583,894
Cash flow
€1.6m▲
2024 · €520,791
Quick ratio
1.40▲
2024 · 0.91
Debt to equity
8.72▼
2024 · 27.05
ROE
65.8%▲
2024 · 45.0%
Interest coverage
7.98▼
2024 · 12.55
Debt ≤ 1 year
€1.5m▼
2024 · €1.8m
Debt > 1 year
€8.3m▼
2024 · €8.6m
Income taxes
€251,262▲
2024 · €16,590
Staff costs
€438,450▲
2024 · €200,252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 6,713 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €570 | €369 | €189 | €200,252 | €438,450 | ▲ 119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €112,518 | €114,366 | €116,710 | €347,721 | €852,383 | ▲ 145% |
| Other operating charges640/8 | €2,146 | €882 | €6,516 | €23,677 | €45,885 | ▲ 93.8% |
| Non-recurring operating charges66A | - | - | - | €119,428 | €0 | ▼ 100% |
| Gross operating margin9900 | €151,932 | €237,047 | €186,639 | €927,251 | €2.6m | ▲ 179% |
| Operating profit (loss)9901 | €36,699 | €121,430 | €63,224 | €236,173 | €1.3m | ▲ 430% |
| Financial income75/76B | €1 | €0 | €0 | €0 | €3,526 | - |
| Recurring financial income75 | €1 | €0 | €0 | €0 | €3,526 | - |
| Financial charges65/66B | €31,747 | €31,768 | €33,552 | €46,512 | €263,813 | ▲ 467% |
| Recurring financial charges65 | €31,747 | €31,768 | €33,552 | €46,512 | €263,813 | ▲ 467% |
| Profit (loss) for the period before taxes9903 | €4,952 | €89,662 | €29,672 | €189,660 | €991,424 | ▲ 423% |
| Income taxes67/77 | - | €7,312 | €0 | €16,590 | €251,262 | ▲ 1,415% |
| Profit (loss) for the period9904 | €4,952 | €82,350 | €29,672 | €173,070 | €740,162 | ▲ 328% |
| Transfer to tax-exempt reserves689 | - | - | - | €214,710 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €4,952 | €82,350 | €29,672 | -€41,640 | €740,162 | ▲ 1,878% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.8m | €1.7m | €10.8m | €10.9m | ▲ 1.4% |
| Fixed assets21/28 | €1.7m | €1.6m | €1.5m | €8.5m | €8.1m | ▼ 4.1% |
| Intangible fixed assets21 | €47,712 | €29,166 | €10,620 | €749,789 | €593,904 | ▼ 20.8% |
| Tangible fixed assets22/27 | €1.6m | €1.6m | €1.5m | €7.7m | €7.5m | ▼ 2.5% |
| Land and buildings22 | €1.5m | €1.4m | €1.4m | €7.2m | €6.8m | ▼ 6.1% |
| Plant, machinery and equipment23 | €134,537 | €151,521 | €128,072 | €528,780 | €769,133 | ▲ 45.5% |
| Furniture and vehicles24 | €288 | €0 | - | €558 | €6,886 | ▲ 1,133% |
| Current assets29/58 | €313,515 | €194,219 | €174,282 | €2.3m | €2.8m | ▲ 21.8% |
| Stocks and contracts in progress3 | €67,706 | €105,985 | €98,866 | €633,345 | €673,761 | ▲ 6.4% |
| Stocks30/36 | €67,706 | €105,985 | €98,866 | €633,345 | €673,761 | ▲ 6.4% |
| Amounts receivable within one year40/41 | €204,037 | €4,064 | €45,000 | €385,511 | €1.1m | ▲ 174% |
| Trade receivables40 | €195,114 | €61 | €0 | €339,466 | €269,106 | ▼ 20.7% |
| Other amounts receivable41 | €8,923 | €4,003 | €45,000 | €46,046 | €785,277 | ▲ 1,605% |
| Cash at bank and in hand54/58 | €39,365 | €79,377 | €25,434 | €1.2m | €987,419 | ▼ 20.1% |
| Deferred charges and accrued income490/1 | €2,407 | €4,793 | €4,981 | €41,147 | €81,451 | ▲ 97.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.8m | €1.7m | €10.8m | €10.9m | ▲ 1.4% |
| Equity10/15 | €99,127 | €181,477 | €211,149 | €384,219 | €1.1m | ▲ 193% |
| Contributions10/11 | €180,000 | €180,000 | €180,000 | €180,000 | €180,000 | = |
| Reserves13 | - | - | - | €214,710 | €214,710 | = |
| Tax-exempt reserves132 | - | - | - | €214,710 | €214,710 | = |
| Profit (loss) carried forward14 | -€80,873 | €1,477 | €31,149 | -€10,491 | €729,671 | ▲ 7,055% |
| Amounts payable17/49 | €1.9m | €1.6m | €1.5m | €10.4m | €9.8m | ▼ 5.7% |
| Amounts payable after more than one year17 | €1.2m | €1.2m | €1.1m | €8.6m | €8.3m | ▼ 3.2% |
| Financial debts170/4 | €1.2m | €1.2m | €1.1m | €8.6m | €8.3m | ▼ 3.2% |
| Amounts payable within one year42/48 | €658,513 | €470,612 | €397,050 | €1.8m | €1.5m | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | €88,715 | €90,374 | €92,063 | €493,784 | €535,741 | ▲ 8.5% |
| Trade debts44 | €179,797 | €117,894 | €143,111 | €1.3m | €867,799 | ▼ 31.7% |
| Suppliers440/4 | €179,797 | €117,894 | €143,111 | €1.3m | €867,799 | ▼ 31.7% |
| Taxes, remuneration and social security45 | - | €12,344 | €11,876 | €64,744 | €109,009 | ▲ 68.4% |
| Taxes450/3 | - | €7,312 | €11,876 | €9,734 | €66,762 | ▲ 586% |
| Remuneration and social security454/9 | - | €5,033 | €0 | €55,011 | €42,248 | ▼ 23.2% |
| Other amounts payable47/48 | €390,000 | €250,000 | €150,000 | €10 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €88 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,952 | €82,350 | €29,672 | €173,070 | €740,162 | ▲ 328% |
| + Depreciation and write-downs630 | €112,518 | €114,366 | €116,710 | €347,721 | €852,383 | ▲ 145% |
| Operating cash flow (approximation) | €117,470 | €196,716 | €146,381 | €520,791 | €1.6m | ▲ 206% |
| Investment in fixed assets (approximation) | - | -€37,826 | -€606 | -€7.3m | -€500,737 | ▲ 93.2% |
| Change in cash | - | €40,012 | -€53,943 | €1.2m | -€248,404 | ▼ 121% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €740,162 ▲328%
Operating result €1.3m, net result €740,162, both a record.
31-12
Financial
Equity above €1mEq €1.1m ▲193%
6 profitable years in a row build equity to €1.1m.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.26
Current ratio from 0.44 to 1.26.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200,000Eq €211,149 ▲16.4%
4 profitable years in a row build equity to €211,149.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150,000Eq €181,477 ▲83.1%
3 profitable years in a row build equity to €181,477.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €409
Net result €409 after 2 loss-making years.
Show earlier events
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€65,949
Net result drops to -€65,949, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merksplas · 5 establishment units since 2017
Ground area
4.3 ha
Building footprint
5,482 m²
Volume, LiDAR
5,242 m³
6 parcels, Flanders · tallest building 88.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
5 establishment units
Gallibas
since 20172.266.710.945
Gallibas
since 20172.291.781.188
Gallibas
since 20242.363.143.001
Gallibas
since 20242.363.143.197
Gallibas
since 20242.363.143.296
6 parcels
Flanders
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C0085/00B000 | Flanders | 2.2 ha | 1 · 4,592 m² | 88.8 m |
| 13048C0353/00E000 | Flanders | 1.5 ha | 1 · 155 m² | 4.6 m · 1 fl. |
| 13035E0045/00V000 | Flanders | 2,160 m² | 1 · 181 m² | 9.0 m · 2 fl. |
| 13023G0123/00X008 | Flanders | 1,861 m² | 1 · 138 m² | 7.8 m · 2 fl. |
| 13040A0015/00G003 | Flanders | 1,332 m² | 1 · 221 m² | 11.5 m · 2 fl. |
| 13035A0323/00V000 | Flanders | 200 m² | 1 · 195 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts Pollo 202149%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
5 sitesArendonk2.291.781.188
Ravels2.266.710.945
Ravels2.363.143.001
Ravels2.363.143.197
Show 1 more sites
Turnhout2.363.143.296
Similar companies · same sector, comparable size
BROEIERIJ CLAEYS
BE 0476.672.846
Kruisem · Eq €1,109,150
Hermans Vitello
BE 0648.590.005
Kasterlee · Eq €1,094,870
SWENNEN-DAMS
BE 0890.592.137
Peer · Eq €1,167,279
DAMS
BE 0829.764.823
Hoogstraten · Eq €1,082,476
GROETELAERS LEGPLUIMVEE
BE 0831.235.758
Ravels · Eq €1,174,288
Of 607 companies in sector 01471 we hold annual accounts for 216. 171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
01471Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0675574118
Also
9925:BE0675574118
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.