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Gally Construct

Open bankruptcy
Private limited company (pre-2019)founded 2014Edmond Machtenslaan 130, 1080 Molenbeek-Saint-Jean, BelgiumKBO/BCE: BE 0552.961.069

A bankruptcy procedure is open for Gally Construct according to publications in the Belgian Official Gazette. The trustee is Alain Henderickx.

Summary

The 2021 annual accounts show negative equity (-€258,453) and a net result of -€61,625.

Gally ConstructOpen bankruptcy

Overview

Information for creditors

Open bankruptcy Source: Belgian Official Gazette

Declared bankrupt on 1 December 2025 · trustee Alain Henderickx · claim deadline passed on 31 December 2025

How to file a claim

The procedure

Court
French-language Enterprise Court of Brussels
Supervising judge
Bernard Lycke
Official Gazette
10-12-2025search the document for 2025/151309

Deadlines

Appeal or third-party opposition until
passed on 25 December 2025That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 31 December 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 7 January 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
1 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

Steps for a creditor

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Reclaim goods you delivered under retention of title before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
  6. Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.

If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.

Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.

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Overview

Official details

Source: KBO
Status
Open bankruptcy declared bankrupt on 01-12-2025
Registered office
19 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
No activity registered in the KBO
Establishment unit
2.232.406.104 1080 Molenbeek-Saint-Jean, since 26-05-2014
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

No score
Annual accounts 2021
Gross margin
-€1,464
▲ 56.8%
Loss
€61,625
▲ 15×
Equity
-€258,453
▼ 31.3%
Total assets
€45,141
▼ 8.8%
Turnover not published (micro format)

Financials

Financials · financial year 2021, micro format

2021 annual accounts filed 31 days after the deadline Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20373406.

Annual accounts 2021 filed on 31-08-2022 PDF all 6 filings

Equity
-€258,453▼ 31.3%
2020 · -€196,828
Total assets
€45,141▼ 8.8%
2020 · €49,519
Net result
-€61,625▼ 1,379%
2020 · -€4,165
Working capital
-€198,453▼ 0.8%
2020 · -€196,828
Multi-year overview
2018 to 2021, 4 financial years
Operating result
-€61,519
▼ 1,436% 2021
20182021
Net result
-€61,625
▼ 1,379% 2021
20182021
Equity
-€258,453
▼ 31.3% 2021
20182021
Total assets
€45,141
▼ 8.8% 2021
20182021
Debt
€243,594
▼ 1.1% 2021
20182021
Working capital
-€198,453
▼ 0.8% 2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021
Operating result-€18,657-€4,717-€4,004-€61,519▼ 1,436%
Net result-€38,632-€1,346-€4,165-€61,625▼ 1,379%
Equity-€194,008--€192,663▲ 0.7%-€196,828▼ 2.2%-€258,453▼ 31.3%
Total assets€205,359-€45,737▼ 77.7%€49,519▲ 8.3%€45,141▼ 8.8%
Debt€399,367-€238,400▼ 40.3%€246,347▲ 3.3%€243,594▼ 1.1%
Working capital-€194,564--€192,941▲ 0.8%-€196,828▼ 2.0%-€198,453▼ 0.8%

The operating result for 2021 is a loss of €61,519, larger than the loss of €4,004 in 2020. It is the lowest result since 2018.

Turnover and EBIT margin are not published. The micro format does not require them.

Key figures and ratios
2021 value · change against 2020
Solvency
-572.5%▼
2020 · -397.5%
Current ratio
0.19▼
2020 · 0.20
ROA
-136.5%▼
2020 · -8.4%
Debt ≤ 1 year
€243,594▼
2020 · €246,347
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 34 lines
Balance sheet Code20202021
Assets
Total assets20/58€49,519€45,141▼
Current assets29/58€49,519€45,141▼
Amounts receivable within one year40/41€44,145€44,389▲
Trade receivables40-€44,145
Other amounts receivable41-€244
Cash at bank and in hand54/58€5,375€752▼
Equity and liabilities
Total equity and liabilities10/49€49,519€45,141▼
Equity10/15-€196,828-€258,453▼
Contributions10/11-€18,600
Reserves13€76€76=
Non-distributable reserves130/1-€76
Reserves not available under the articles1311-€76
Profit (loss) carried forward14-€215,504-€277,129▼
Provisions and deferred taxes16-€60,000
Provisions for liabilities and charges160/5-€60,000
Environmental obligations163-€60,000
Amounts payable17/49€246,347€243,594▼
Amounts payable within one year42/48€246,347€243,594▼
Trade debts44€7,889€7,711▼
Suppliers440/4-€7,711
Advances received on contracts in progress46-€41,322
Other amounts payable47/48-€194,561
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€278-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€60,000
Other operating charges640/8-€55
Gross operating margin9900-€3,388-€1,464▲
Operating profit (loss)9901-€4,004-€61,519▼
Financial charges65/66B-€106
Recurring financial charges65€161€106▼
Profit (loss) for the period before taxes9903-€4,165-€61,625▼
Profit (loss) for the period9904-€4,165-€61,625▼
Profit (loss) for the period to be appropriated9905-€4,165-€61,625▼
Appropriation of the result
Profit (loss) to be appropriated9906--€277,129
Profit (loss) brought forward from the previous period14P--€215,504

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 31-08-2022.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,011€278€278--
Provisions for liabilities and charges: additions (uses and reversals)635/8---€60,000-
Other operating charges640/8---€55-
Gross operating margin9900-€15,009€5,049-€3,388-€1,464▲ 56.8%
Operating profit (loss)9901-€18,657€4,717-€4,004-€61,519▼ 1,436%
Recurring financial income75€21€177---
Financial charges65/66B---€106-
Recurring financial charges65€18,745€3,549€161€106▼ 34.1%
Profit (loss) for the period before taxes9903-€38,632€1,346-€4,165-€61,625▼ 1,379%
Profit (loss) for the period9904-€38,632€1,346-€4,165-€61,625▼ 1,379%
Profit (loss) for the period to be appropriated9905-€38,632€1,346-€4,165-€61,625▼ 1,379%
Line2018201920202021Change
Assets
Total assets20/58€205,359€45,737€49,519€45,141▼ 8.8%
Fixed assets21/28€556€278---
Tangible fixed assets22/27€556€278---
Current assets29/58€204,803€45,459€49,519€45,141▼ 8.8%
Stocks and contracts in progress3€121,402----
Amounts receivable within one year40/41€33,154€36,421€44,145€44,389▲ 0.6%
Trade receivables40---€44,145-
Other amounts receivable41---€244-
Cash at bank and in hand54/58€50,248€9,038€5,375€752▼ 86.0%
Equity and liabilities
Total equity and liabilities10/49€205,359€45,737€49,519€45,141▼ 8.8%
Equity10/15-€194,008-€192,663-€196,828-€258,453▼ 31.3%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€76€76€76€76=
Non-distributable reserves130/1---€76-
Reserves not available under the articles1311---€76-
Profit (loss) carried forward14-€212,684-€211,339-€215,504-€277,129▼ 28.6%
Provisions and deferred taxes16---€60,000-
Provisions for liabilities and charges160/5---€60,000-
Environmental obligations163---€60,000-
Amounts payable17/49€399,367€238,400€246,347€243,594▼ 1.1%
Amounts payable within one year42/48€399,367€238,400€246,347€243,594▼ 1.1%
Trade debts44€113,415€6,937€7,889€7,711▼ 2.3%
Suppliers440/4---€7,711-
Advances received on contracts in progress46---€41,322-
Other amounts payable47/48---€194,561-
Line2018201920202021Change
Profit (loss) for the period9904-€38,632€1,346-€4,165-€61,625▼ 1,379%
+ Depreciation and write-downs630€1,011€278€278--
Operating cash flow (approximation)-€37,620€1,623-€3,888-€61,625▼ 1,485%
Investment in fixed assets (approximation)-€0---
Change in cash--€41,210-€3,663-€4,623▼ 26.2%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2021 micro format 31-08-2022 2022-20373406 PDF
31-12-2020 micro format 16-08-2021 2021-48900002 PDF
31-12-2019 micro format 30-11-2020 2020-74300464 PDF
31-12-2018 micro format 30-08-2019 2019-60000390 PDF
31-12-2017 micro format 27-09-2018 2018-65300281 PDF
31-12-2016 micro format 29-09-2017 2017-65300014 PDF

Board & ownership

Directors

Directors
2 directors, last change in 2022
Ciora Neagu
Director · appointed by deed of 30-06-2023
Current
Gokalp Annaelle
Director · listed in the 2021 annual accounts, filed on 31-08-2022
Current

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Alain Henderickx
Rue De Stassart 48 Bl C/6, 1050 Ixelles
01-12-2025 → present

Owners and capital

Mandate history

5 people, 2 in office
Show
  • Board
  • mandate already running before its first mention
Mandates per person, with start and end dates
Name Functions and periods
Gokalp Annaelle
  • Director, since before 31-12-2021
Ciora Neagu
  • Director, appointed by deed of 30-06-2023, still in office
Anaëlle Gokalp
  • Director, until 01-10-2022
Samiyel Gokalp
  • Director, until 01-10-2022
Thomas Gokalp
  • Director, until 01-10-2022
See the board, name and registered office on a given date →

Network & group

Gally Construct shares no director with another company.

Companies at the same address

18 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of Gally Construct. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

2025
10-12
Bankruptcy Bankruptcy declared
French-language Enterprise Court of Brussels · judgment of 01-12-2025
2023
30-06
Gazette deed Registered office moved from Brussels to Molenbeek
New registered office: Boulevard Edmond Machtens 130 bte19, 1080 Molenbeek · Previous registered office: Rue du Noyer 105, 1000 Bruxelles · Resignations: Thomas Gokalp, Anaëlle Gokalp and Samiyel Gokalp6 points ▸
  • General meeting, 01-10-2022
  • Director resignation, Thomas Gokalp
  • Director resignation, Anaëlle Gokalp
  • Director resignation, Samiyel Gokalp
  • Director appointment, Ciora Neagu
  • Registered-office move, Boulevard Edmond Machtens 130 bte19, 1080 Molenbeek

Open the deed in the Belgian Official Gazette

2022
31-08
NBB filing Annual accounts 2021 filedPDF
micro format · 31 days late
2021
31-12
Financial Weakest financial yearnet -€61,625
The net result drops to -€61,625, the lowest from 2018 to 2021.
16-08
NBB filing Annual accounts 2020 filedPDF
micro format · 16 days late
2020
30-11
NBB filing Annual accounts 2019 filedPDF
micro format · 122 days late
2019
31-12
Financial Back to profitnet €1,346
The net result is €1,346, after one loss-making year.
30-08
NBB filing Annual accounts 2018 filedPDF
micro format · 30 days late
2018
27-09
NBB filing Annual accounts 2017 filedPDF
micro format · 58 days late
2017
29-09
NBB filing Annual accounts 2016 filedPDF
micro format · 60 days late
2014
28-05
Gazette deed IncorporationPDF
3 publications in the Belgian Official Gazette, the last on 30-06-2023
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Gally Construct was incorporated on 26 May 2014.1 The registered office was moved to Molenbeek in 2023.2 Total assets fell from €205,359 in 2018 to €45,141 in 2021.3 On 1 December 2025 the company was declared bankrupt.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-06-2023
  3. 3National Bank, annual accounts 2018 and 2021
  4. 4Belgian Official Gazette, 10-12-2025

Company details

Bankruptcy opened

Last annual accounts
financial year to 31 December 2021
Legal form
Private limited company (pre-2019)
Active since
26 May 2014
Official KBO record

Register details

Identity

Name Gally Construct in French
Abbreviation Gally in French
Enterprise number 0552.961.069
Entity type Legal entity

Registered office and establishments

Registered office Edmond Machtenslaan 130, 1080 Molenbeek-Saint-Jean, Belgium
1 former office
  • Rue du Noyer, 105, 1000 Bruxelles until 01-10-2022 · deed of 30-06-2023
Establishment unit Gally Construct, Edmond Machtenslaan 130, 1080 Molenbeek-Saint-Jean since 26-05-2014 · unit number 2.232.406.104 41001 General construction of residential buildings

Invoicing and payment

VAT number BE 0552.961.069
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0552961069
Other Peppol ID 9925:BE0552961069

The company is no longer active. Its listing in the Peppol Directory only disappears when its Peppol service provider removes it.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
19 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
792 m²
Building footprint
408 m²
Building volume
7,938 m³
Cadastral parcel Region Area Buildings Height / floors
21524C0249/00H000 Brussels 792 m² 1 · 408 m² 21.9 m · 7