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GALLUS

Active Private limited companyfounded 2024active for 2 yearsHoogledestraat 122B, 8610 KortemarkKBO/BCE: BE 1014.857.550 #10 company by total assets in Kortemark, Real estate sector

Lifetime

1 annual account with figures
peak €350,061 (2025)
€350,061 
lowest -€249,582 (2025)
-€249,582 
peak -€189,582 (2025)
-€189,582 
€5.0m 
Board3 names since 2024
2 directors and 1 other
Owners
50%
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Loss of €249,582First year with figures

Key points

from the 2025 annual accounts

Equity

-€189,582
2025

Debts exceed assets in financial year 2025.

Debts

€5.0m 104% of the balance sheet
Financial debts 68%Suppliers 0%Taxes and wages 0%Other 31%

Of this, €5.0m falls due within a year.

Position in the sector

-€249,582

Lower net result than 95% of companies in real estate. Sector median €5,859 · 19,800 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,252 companies had the same profile as GALLUS has now. Each dot stands for 4 companies, two years later.

96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,252 companies, not a prediction for GALLUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 09-10-2024
Director, since 09-10-2024
  • 50%score equity €2.6m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1014857550
Incorporation Founding capital of €60,000, 300 shares · Founders: and · Appointments: (director) and (director) · published on 11-10-2024 · Gazette deed
All 3 events

Comparable companies

same main activity, similar in size and age
Company
GALLUS Kortemark €4.8m €350,061 -4.0% -
CAPROEN INVEST Oostkamp €5.8m €212,047 18.4% 1.8
IMMO STUCKENS-K Buggenhout €6.0m €453,972 24.6% -
COURONNE AVENUE Wavre €6.0m €763,275 61.2% -
PRIJKELSPOORT Roeselare €6.1m €174,460 1.8% -
BriQasa Harelbeke €5.3m €340,723 1.7% -
PHABELLA Bredene €6.2m €246,335 1.1% -

These companies have the same main activity as GALLUS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €5.3m and €6.2m, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 09-10-2024Normal situation
Activity
Development of residential building projectsNACE 68121and 5 others
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €620,000estimated
€4.8m
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on GALLUS

GALLUS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€189,582) and a net result of -€249,582.

Its solvency ranks better than 16% of 19,813 sector peers (NACE 68, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GALLUS

What is the company number of GALLUS?
The company number of GALLUS is 1014.857.550. The VAT number is the same number with BE in front: BE 1014.857.550.
Where is GALLUS based?
The registered office is at Hoogledestraat 122B, 8610 Kortemark.Company details
What does GALLUS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of GALLUS?
GALLUS is a private limited company (BV).
When was GALLUS founded?
GALLUS was founded on 09-10-2024.
Is GALLUS still active?
Yes, GALLUS is an active enterprise in the KBO register.
What is the turnover of GALLUS?
The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €350,061 and 42 comparable companies (NACE 681). It probably lies between €460,000 and €1.0m.Financials
Is GALLUS profitable?
In financial year 2025, GALLUS made a loss of €249,582.
Where can I find the annual accounts of GALLUS?
GALLUS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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