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GALLYS

Active
Private limited companyfounded 200817 yrs activeCh. Menotte 48, 4801 Verviers, BelgiumKBO/BCE: BE 0807.596.858
Summary

GALLYS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €412,345 and a net result of €17,930. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 8711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▲+2
Solvency75▲+4
Growth44=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 4.1 against 3.36 in 2024; short-term debt: 15.9% and cash: 6.3% of total assets), and 49.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
50.3%
Return on assets
2.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 filings
Deviation from the deadline
2025
30 d late
2024
30 d late
2023
31 d late
2022
4 d early
2021
5 d early
2020
58 d early
2019
83 d late
← 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 15 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 November 2008, GALLYS was incorporated.1 Revenue went from EUR 597,311 in 2018 to EUR 569,833 in 2020 and headcount from 0.1 full-time equivalents in 2022 to 0.8 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020, 2022 and 2024

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Financials · fiscal year 2025, abbreviated schema

Turnover
€569,833▲ 13.5%
2019 · €502,047
EBIT margin
4.5%▼ 4.0pp
2019 · 8.6%
Net result
€17,930▲ 14.5%
2024 · €15,655
Working capital
€402,778▲ 0.8%
2024 · €399,644
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€32,926▲ 27.4%€20,981▼ 36.3%€31,187▲ 48.6%€37,128▲ 19.1%€26,822▼ 27.8%
Net result€28,643▲ 40.2%€27,799▼ 2.9%€28,360▲ 2.0%€15,655▼ 44.8%€17,930▲ 14.5%
EBIT margin
Equity€367,601▲ 3.9%€380,400▲ 3.5%€393,760▲ 3.5%€394,415▲ 0.2%€412,345▲ 4.5%
Total assets€664,249▼ 6.0%€486,576▼ 26.7%€587,397▲ 20.7%€863,930▲ 47.1%€819,247▼ 5.2%
Debt€230,084▼ 19.6%€39,611▼ 82.8%€127,073▲ 221%€402,951▲ 217%€340,338▼ 15.5%
Working capital€369,506▲ 3.1%€421,832▲ 14.2%€441,356▲ 4.6%€399,644▼ 9.5%€402,778▲ 0.8%
Staff (FTE)0.10.9▲ 800%0.8▼ 11.1%
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2021: €32,926€32,926Net result 2021: €28,643€28,643Operating result 2022: €20,981€20,981Net result 2022: €27,799€27,799Operating result 2023: €31,187€31,187Net result 2023: €28,360€28,360Operating result 2024: €37,128€37,128Net result 2024: €15,655€15,655Operating result 2025: €26,822€26,822Net result 2025: €17,930€17,93020212022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €31,187€31,200Net result 2023: €28,360€28,400Operating result 2024: €37,128€37,100Net result 2024: €15,655€15,700Operating result 2025: €26,822€26,800Net result 2025: €17,930€17,900202320242025
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €819,247
Fixed assets €286,376 ▼ 2.9%
Current assets €532,871 ▼ 6.4%
Equity and liabilities €819,247
Equity €412,345 ▲ 4.5%
Provisions €66,564 =
Debt €340,338 ▼ 15.5%
Debt's share of the balance-sheet total falls from 46.6% to 41.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,635▼
2024 · €51,172
Cash flow
€29,743▲
2024 · €29,699
Current ratio
4.10▲
2024 · 3.36
Quick ratio
3.13▲
2024 · 2.73
Debt to equity
0.83▼
2024 · 1.02
ROE
4.3%▲
2024 · 4.0%
ROA
2.2%▲
2024 · 1.8%
Interest coverage
108.35▲
2024 · 5.74
Debt ≤ 1 year
€130,093▼
2024 · €169,425
Debt > 1 year
€210,245▼
2024 · €233,526
Income taxes
€8,535▼
2024 · €12,552
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,040 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.3% went bankrupt
3.6% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€863,930€819,247▼
Fixed assets21/28€294,861€286,376▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€283,961€275,476▼
Land and buildings22€278,338€269,724▼
Furniture and vehicles24€5,623€5,752▲
Financial fixed assets28€10,900€10,900=
Current assets29/58€569,069€532,871▼
Amounts receivable after more than one year29€70,000€70,000=
Other amounts receivable291€70,000€70,000=
Stocks and contracts in progress3€106,264€125,481▲
Stocks30/36-€125,481
Contracts in progress37€106,264-
Amounts receivable within one year40/41€283,177€236,308▼
Trade receivables40€182,329€144,596▼
Other amounts receivable41€100,848€91,712▼
Cash at bank and in hand54/58€60,380€51,835▼
Deferred charges and accrued income490/1€49,248€49,248=
Equity and liabilities
Total equity and liabilities10/49€863,930€819,247▼
Equity10/15€394,415€412,345▲
Contributions10/11€6,200€6,200=
Reserves13€305,195€305,195=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€303,335€303,335=
Profit (loss) carried forward14€83,020€100,950▲
Provisions and deferred taxes16€66,564€66,564=
Provisions for liabilities and charges160/5€66,564€66,564=
Other liabilities and charges164/5€66,564€66,564=
Amounts payable17/49€402,951€340,338▼
Amounts payable after more than one year17€233,526€210,245▼
Financial debts170/4€233,526€210,245▼
Amounts payable within one year42/48€169,425€130,093▼
Current portion of amounts payable after more than one year42€23,281€14,294▼
Trade debts44€23,005€19,317▼
Suppliers440/4€23,005€19,317▼
Taxes, remuneration and social security45€40,486€18,967▼
Taxes450/3€36,474€17,021▼
Remuneration and social security454/9€4,012€1,947▼
Other amounts payable47/48€82,654€77,515▼
Income statement Code20242025
Remuneration, social security and pensions62€40,354-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,044€11,813▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20,497€93▼
Other operating charges640/8€5,190€23,435▲
Gross operating margin9900€117,213€62,162▼
Operating profit (loss)9901€37,128€26,822▼
Financial charges65/66B€8,921€357▼
Recurring financial charges65€8,921€357▼
Profit (loss) for the period before taxes9903€28,207€26,465▼
Income taxes67/77€12,552€8,535▼
Profit (loss) for the period9904€15,655€17,930▲
Profit (loss) for the period to be appropriated9905€15,655€17,930▲
Appropriation of the result
Profit (loss) to be appropriated9906€98,020€100,950▲
Profit (loss) brought forward from the previous period14P€82,366€83,020▲
Profit to be distributed694/7€15,000-
Directors or managers695€15,000-

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€4,679€51,516€40,354--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,382€12,168€7,488€14,044€11,813▼ 15.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€20,497€93▼ 99.5%
Other operating charges640/8€894€21,197€7,863€5,190€23,435▲ 352%
Non-recurring operating charges66A€192€496€1,763---
Gross operating margin9900€50,394€59,521€99,818€117,213€62,162▼ 47.0%
Operating profit (loss)9901€32,926€20,981€31,187€37,128€26,822▼ 27.8%
Financial income75/76B€13,115€10,274€3,535---
Recurring financial income75€13,115€10,274€3,535---
Financial charges65/66B€12,043€6,476€311€8,921€357▼ 96.0%
Recurring financial charges65€12,043€6,476€311€8,921€357▼ 96.0%
Profit (loss) for the period before taxes9903€33,998€24,779€34,410€28,207€26,465▼ 6.2%
Income taxes67/77€5,355-€3,020€6,050€12,552€8,535▼ 32.0%
Profit (loss) for the period9904€28,643€27,799€28,360€15,655€17,930▲ 14.5%
Profit (loss) for the period to be appropriated9905€28,643€27,799€28,360€15,655€17,930▲ 14.5%
Line20212022202320242025Change
Assets
Total assets20/58€664,249€486,576€587,397€863,930€819,247▼ 5.2%
Fixed assets21/28€68,685€25,165€18,968€294,861€286,376▼ 2.9%
Intangible fixed assets21€11,906€3,656€487€0--
Tangible fixed assets22/27€20,708€10,609€7,581€283,961€275,476▼ 3.0%
Land and buildings22---€278,338€269,724▼ 3.1%
Plant, machinery and equipment23€1,887€1,258€629---
Furniture and vehicles24€18,821€9,351€6,952€5,623€5,752▲ 2.3%
Financial fixed assets28€36,072€10,900€10,900€10,900€10,900=
Current assets29/58€595,564€461,410€568,429€569,069€532,871▼ 6.4%
Amounts receivable after more than one year29€100,000€85,000€70,000€70,000€70,000=
Other amounts receivable291€100,000€85,000€70,000€70,000€70,000=
Stocks and contracts in progress3--€57,830€106,264€125,481▲ 18.1%
Stocks30/36----€125,481-
Contracts in progress37--€57,830€106,264--
Amounts receivable within one year40/41€316,302€268,830€310,112€283,177€236,308▼ 16.6%
Trade receivables40€172,898€161,182€192,592€182,329€144,596▼ 20.7%
Other amounts receivable41€143,404€107,648€117,520€100,848€91,712▼ 9.1%
Cash at bank and in hand54/58€140,384€43,110€61,873€60,380€51,835▼ 14.2%
Deferred charges and accrued income490/1€38,878€64,471€68,614€49,248€49,248=
Equity and liabilities
Total equity and liabilities10/49€664,249€486,576€587,397€863,930€819,247▼ 5.2%
Equity10/15€367,601€380,400€393,760€394,415€412,345▲ 4.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€305,195€305,195€305,195€305,195€305,195=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€303,335€303,335€303,335€303,335€303,335=
Profit (loss) carried forward14€56,206€69,006€82,366€83,020€100,950▲ 21.6%
Provisions and deferred taxes16€66,564€66,564€66,564€66,564€66,564=
Provisions for liabilities and charges160/5€66,564€66,564€66,564€66,564€66,564=
Other liabilities and charges164/5€66,564€66,564€66,564€66,564€66,564=
Amounts payable17/49€230,084€39,611€127,073€402,951€340,338▼ 15.5%
Amounts payable after more than one year17€4,026--€233,526€210,245▼ 10.0%
Financial debts170/4€4,026--€233,526€210,245▼ 10.0%
Amounts payable within one year42/48€226,058€39,578€127,073€169,425€130,093▼ 23.2%
Current portion of amounts payable after more than one year42€7,970--€23,281€14,294▼ 38.6%
Trade debts44€2,313€14,164€21,573€23,005€19,317▼ 16.0%
Suppliers440/4€2,313€14,164€21,573€23,005€19,317▼ 16.0%
Taxes, remuneration and social security45€8,308€8,730€20,180€40,486€18,967▼ 53.2%
Taxes450/3€8,308€3,460€19,418€36,474€17,021▼ 53.3%
Remuneration and social security454/9-€5,270€762€4,012€1,947▼ 51.5%
Other amounts payable47/48€207,466€16,684€85,319€82,654€77,515▼ 6.2%
Accrued charges and deferred income492/3-€33----
Line20212022202320242025Change
Profit (loss) for the period9904€28,643€27,799€28,360€15,655€17,930▲ 14.5%
+ Depreciation and write-downs630€16,382€12,168€7,488€14,044€11,813▼ 15.9%
Operating cash flow (approximation)€45,025€39,967€35,848€29,699€29,743▲ 0.1%
Investment in fixed assets (approximation)-€31,352-€1,291-€289,936-€3,329▲ 98.9%
Change in cash--€97,274€18,763-€1,492-€8,546▼ 473%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial Weakest financial yearnet €15,655 ▼44.8%
Net result drops to €15,655, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity quadruplescurrent ratio 11.66
Current ratio from 2.63 to 11.66; short-term debt falls from €226,058 to €39,578.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2008
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ch. Menotte 484801 Verviers
Ground area
2,096 m²
Building footprint
465 m²
Volume, LiDAR
3,255 m³
Parcel 62067F1411/00A000, Wallonia · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GALLYS
Rue de Remouchamps(LVG) 2, 4141 SprimontFinancial service activities, except insurance and pension funding
since 20082.174.800.673
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62067F1411/00A000 Wallonia 2,096 m² 1 · 465 m² 11.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

5493002IRKO3Y9FO8558
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail laurent.dasnois@gallys.be
Phone 087338430
Fax 087338430
E-invoicing
Reachable via Peppol
Peppol ID 0208:0807596858
Registered 27-03-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.