Financials
- Fiscal year
- 2024
- Total assets
- €155,345
- Profit
- €4,253
- Solvency
- -7.8%
Total assets▲ 13.0%
Net result
20182024
GALLOY SPRL
ActiveSummary
The computed 12-month bankruptcy probability of GALLOY SPRL is 12.0% (high). The 2024 annual accounts show negative equity (-€12,179) and a net result of €4,253. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 36365 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€155,345total assets 2024
- Equity
- -€12,179
- Profit
- €4,253
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 5 deeds read
Why 29- 1 financial year not filed after the legal deadline; latest accounts 78 days late; 3 of the last 3 late- Figures for FY 2024 (filed 18-10-2025)- Ex-officio strike-off in the KBO- Liquidity: current ratio 0.74Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 27% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
17+4
equity -7.8% of total assets
Liquidity
5-2
short-term debt 86.3%
Profitability
56-20
return on assets 2.7%
Bankruptcy probability, 12 months
12.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 16 months
07-2025: 13.2%
08-2025: 13.5%▲ +2.9% vs 07-2025
09-2025: 14.5%▲ +7.0% vs 08-2025
10-2025: 17.7%▲ +22.0% vs 09-2025highest value
11-2025: 8.9%▼ -49.4% vs 10-2025
12-2025: 8.9%● 0.0% vs 11-2025
01-2026: 8.9%▼ -0.1% vs 12-2025
02-2026: 8.9%● 0.0% vs 01-2026
03-2026: 8.9%● 0.0% vs 02-2026
04-2026: 8.0%▼ -10.7% vs 03-2026
05-2026: 7.7%▼ -3.2% vs 04-2026
06-2026: 7.5%▼ -2.9% vs 05-2026
07-2026: 7.1%▼ -5.6% vs 06-2026lowest value
08-2026: 8.5%▲ +20.8% vs 07-2026
09-2026: 9.5%▲ +11.7% vs 08-2026
10-2026: 12.0%▲ +26.1% vs 09-2026
- 1 financial year not filed after the legal deadline; latest accounts 78 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 18-10-2025) raises the probability
- Ex-officio strike-off in the KBO raises the probability
- Liquidity: current ratio 0.74 raises the probability
No credit on open account
Liquidity short (current ratio 0.74 against 0.68 in 2023; short-term debt: 86.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 7%, liquidity 4%, profitability 27%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 36365 sector peers (2024).
NBB · sector comparisonPosition among 36365 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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
not confirmed
2024
78 d late
2023
330 d late
2022
108 d late
2021
397 d late
2020
61 d late
2019
94 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 147 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Address struckRue de la Villette 76…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 17-10-2025Annual accounts filed
- 26-06-2025Annual accounts filed
- 21-02-2025Address struck
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General electrical installation workNACE 43211
- Founded
- 14-10-2015
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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