Parent and group
- GALLOO HOLDING100%
GALLOO WALLONIE
ActiveFrom the official registers: KBO 48 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
GALLOO WALLONIE has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of -€1.8m. Equity has been stable since 2018 (±1.3% per year). Its solvency ranks better than 61% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
KBO- Status
- Active since 01-01-1971 Normal situation
- Legal form
- Public limited company
- Registered office
- Rue Fernand Pennequin(K) 12, 7540 Tournai
- Activity
- Materials recovery from waste NACE 38210and 1 other
- Establishment units
- 4 establishment units
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Board and ownership
Board
- Vandeputte AntoineChair
- AXERIOManaging director · permanent representative Debaere Rik
- Vandeputte JanManaging director
- Auditor
- EY Réviseurs d'entreprises
Shareholders
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
Annual accounts 2025
- Turnover
- €24.0m
- ▲ 17.0%
- Loss
- €1.8m
- ▲ 42.5%
- Equity
- €4.5m
- ▼ 28.4%
- Total assets
- €9.4m
- ▼ 6.8%
- Staff
- 29.8 FTE
- ▼ 10.8%
2025 accounts filed 46 days before the deadline
Filed on 15-06-2026PDF
Score breakdownraises riskLoss of €1.8m, the second in a row (financial year 2025)Liquidity: current ratio 0.99, cash €472,177Sector: Waste collection, recovery and disposal activities (NACE 38)lowers riskEquity €4.5m (48.2% of total assets)Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of small companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Weak
Solvency
73-15
equity 48.2% of total assets
Liquidity
30-5
short-term debt 51.8% · cash 5.0%
Profitability
1-4
return on assets -19.1%
Bankruptcy probability within 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.3%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.6 percentage points vs 06-2025
08-2025: 1.0%● unchanged 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: 0.9%▼ -0.1 percentage points vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 1.1%● unchanged vs 07-2026highest value
09-2026: 1.1%● unchanged vs 08-2026highest value
10-2026: 1.1%● unchanged vs 09-2026highest value
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.99 (1.6 in 2024), below 1. Short-term debt is 51.8% and cash 5% of total assets. 51.8% 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 38, small). It does better than 70% of them on solvency, 20% on liquidity, 6% on profitability and 46% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.8m
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
46 days early
2023
44 days early
2022
77 days early
2021
75 days early
2020
80 days early
2019
79 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 64 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% 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 15 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€1.8m View
- Caution: Lower net result than 95% of companies in waste collection and treatmentsector median €138,965 · 278 companies -€1.8m View
- Caution: Result fell in 2025from -€1.3m to -€1.8m ▼ 42.5% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 15-06-2026
- Annual accounts 2024filed on 15-06-2025
- Annual accounts 2023filed on 17-06-2024
- Annual accounts 2022filed on 15-05-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 28-09-2026
- Resignations & appointmentsact of 02-07-2024
- Resignations & appointmentsact of 10-10-2023
- Purpose · Amendment of the articles · Miscellaneousact of 27-09-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about GALLOO WALLONIE
- What is the company number of GALLOO WALLONIE?
- The company number of GALLOO WALLONIE is 0411.609.107. The VAT number is the same number with BE in front: BE 0411.609.107.
- Where is GALLOO WALLONIE based?
- The registered office is at Rue Fernand Pennequin(K) 12, 7540 Tournai.Company details
- What does GALLOO WALLONIE do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of GALLOO WALLONIE?
- The legal form of GALLOO WALLONIE is Public limited company (NV).
- When was GALLOO WALLONIE founded?
- GALLOO WALLONIE was founded on 01-01-1971.
- Is GALLOO WALLONIE still active?
- Yes, GALLOO WALLONIE is an active enterprise in the KBO register.
- How many employees does GALLOO WALLONIE have?
- GALLOO WALLONIE had an average of 29.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GALLOO WALLONIE?
- The turnover of GALLOO WALLONIE was €24.0m in financial year 2025, according to the filed annual accounts.
- Is GALLOO WALLONIE profitable?
- In financial year 2025, GALLOO WALLONIE made a loss of €1.8m.
- Where can I find the annual accounts of GALLOO WALLONIE?
- GALLOO WALLONIE filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of GALLOO WALLONIE due?
- GALLOO WALLONIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to GALLOO WALLONIE
Comparable companies
These companies have the same main activity as GALLOO WALLONIE: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €6m and €14m, founded between 1981 and 1992.
| Company | Total assets | Turnover |
|---|---|---|
| GALLOO WALLONIE Tournai | €9.4m | €24.0m |
| MINERALE Charleroi | €11.4m | €15.6m |
| BELREY FIBRES Mouscron | €7.2m | €15.5m |
| Oud Papier Jozef Michel Kalmthout | €6.0m | €16.8m |
| MALTHA GLASRECYCLAGE BELGIE Lommel | €11.9m | €11.8m |
| GEOCYCLE Nivelles | €13.7m | €24.1m |
| RECYMET Châtelet | €12.1m | €35.9m |
Next steps
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