Financials
- Financial year
- 2025
- Turnover
- €24.0m
- Loss
- -€1.8m
- Solvency
- 48.2%
Turnover▲ 17.0%
Net result
20182025
GALLOO WALLONIE
ActiveSummary
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 remains stable across the filed financial years (±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
Activity
Materials recovery from waste
NACE 38210Wholesale trade NACE 46872
2nd oldest company in Hainaut, Waste collection and treatment sector4 sites
Size
€24.0mturnover 2025
- Staff
- 29.8 FTE
- Equity
- €4.5m
- Loss
- -€1.8m
Structure
- Parent
- GALLOO HOLDING · 100%
- Vandeputte AntoineChair
- AXERIOManaging director · permanent representative Debaere Rik
- Vandeputte JanManaging director
Auditor: EY Réviseurs d'entreprises2025 accounts 46 days early6 of 20 deeds summarised
Why 65raises 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 better than 35% of its sector peers (NACE 38, small)
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, 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 insufficient (current ratio 0.99, compared with 1.6 in 2024, below 1; short-term debt: 51.8% and cash: 5% of total assets), and 51.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 69% on solvency, 20% on liquidity, 6% on profitability and 46% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at 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
This company filed its last 7 accounts on average 64 days before the deadline; the sector median (NACE 38) for financial year 2024 is 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
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Appointment: EY REVISEURS D'ENTREPRISES (statutory auditor)Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€1.8m
Key points
- Risk: 3 loss-making years in a rowloss financial year 2025 -€1.8m View
- Caution: Among the weakest 5% on net resultsector 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
- Controlled by GALLOO HOLDING 100% View
- Active since 1971founded 01-01-1971 55 years View
By topic
Board & ownership
- Board
- 3 members
- Parent
- GALLOO HOLDING · 100%
- Auditor
- EY Réviseurs d'entreprises
- Vandeputte AntoineChair
- AXERIOManaging director
- Vandeputte JanManaging director
Network & group
- Connected companies
- 4
Timeline
- Events
- 56
- Since
- 1978
- Next accounts
- by 31-07-2027
- 15-06-2025Annual accounts filed
- 02-07-2024Reappointments: Vandeputte Antoine (director) and Vandeputte Jan…
- 17-06-2024Annual accounts filed
Company details
- Sites
- 4
- Legal form
- Public limited company
- Activity
- Materials recovery from wasteNACE 38210
- Founded
- 01-01-1971
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 37
- Annual meeting
- 15 May at 14:00
- Purpose
- “L'achat,la vente,de tous matériaux,fers,matériels;le négoce et l'industrie de la…” (deed in French)
Key facts about GALLOO WALLONIE
- What is the company number of GALLOO WALLONIE?
- 0411.609.107. In Belgium the VAT number is the company 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?
- Public limited company (NV).
- When was GALLOO WALLONIE 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?
- On average 29.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GALLOO WALLONIE?
- €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.
- When are the next annual accounts of GALLOO WALLONIE due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to GALLOO WALLONIE
Parent and group
- GALLOO HOLDING100%
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