GALOP
ActiveSummary
GALOP has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,988 and a net result of -€2,920. Equity is shrinking by ~15.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability3▼-22
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
short-term debt: 9.9% of total assets, and 9.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.1%
Return on assets
-13.9%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
13 d early
2023
12 d early
2022
23 d late
2021
9 d late
2020
3 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€18,988▼ 13.3%
2024 · €21,908
Total assets
€21,071▼ 8.7%
2024 · €23,083
Net result
-€2,920▼ 149%
2024 · -€1,175
Working capital
€837
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
Operating result-€7,267▲ 11.7%-€7,376▼ 1.5%-€7,144▲ 3.2%-€1,175▲ 83.6%-€2,920▼ 149%
Net result-€7,267▲ 11.7%-€7,376▼ 1.5%-€7,144▲ 3.2%-€1,175▲ 83.6%-€2,920▼ 149%
Equity€37,603▼ 16.2%€30,227▼ 19.6%€23,083▼ 23.6%€21,908▼ 5.1%€18,988▼ 13.3%
Total assets€37,603▼ 16.2%€30,227▼ 19.6%€23,083▼ 23.6%€23,083=€21,071▼ 8.7%
Debt€1,175€2,083▲ 77.3%
Working capital€837
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,920 in 2025 against €1,175 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €21,071
Equity
€18,988 ▼ 13.3%
Debt
€2,083 ▲ 77.3%
Debt's share of the balance-sheet total rises from 5.1% to 9.9%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.11▲
2024 · 0.05
ROE
-15.4%▼
2024 · -5.4%
ROA
-13.9%▼
2024 · -5.1%
Debt ≤ 1 year
€2,083▲
2024 · €1,175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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%.
| 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 5,827 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,301 | €767 | - | - | - | - |
| Other operating charges640/8 | €1,374 | €1,383 | €1,519 | €1,568 | €1,658 | ▲ 5.7% |
| Gross operating margin9900 | -€3,592 | -€5,226 | -€5,624 | €393 | -€1,263 | ▼ 421% |
| Operating profit (loss)9901 | -€7,267 | -€7,376 | -€7,144 | -€1,175 | -€2,920 | ▼ 149% |
| Profit (loss) for the period before taxes9903 | -€7,267 | -€7,376 | -€7,144 | -€1,175 | -€2,920 | ▼ 149% |
| Profit (loss) for the period9904 | -€7,267 | -€7,376 | -€7,144 | -€1,175 | -€2,920 | ▼ 149% |
| Profit (loss) for the period to be appropriated9905 | -€7,267 | -€7,376 | -€7,144 | -€1,175 | -€2,920 | ▼ 149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,603 | €30,227 | €23,083 | €23,083 | €21,071 | ▼ 8.7% |
| Fixed assets21/28 | €21,838 | €21,071 | €21,071 | €21,071 | €21,071 | = |
| Tangible fixed assets22/27 | €21,838 | €21,071 | €21,071 | €21,071 | €21,071 | = |
| Land and buildings22 | €21,838 | €21,071 | €21,071 | €21,071 | €21,071 | = |
| Current assets29/58 | €15,765 | €9,156 | €2,012 | €2,012 | - | - |
| Amounts receivable within one year40/41 | €13,753 | €7,144 | - | - | - | - |
| Other amounts receivable41 | €13,753 | €7,144 | - | - | - | - |
| Cash at bank and in hand54/58 | €2,012 | €2,012 | €2,012 | €2,012 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,603 | €30,227 | €23,083 | €23,083 | €21,071 | ▼ 8.7% |
| Equity10/15 | €37,603 | €30,227 | €23,083 | €21,908 | €18,988 | ▼ 13.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €20,510 | €20,510 | €20,510 | €20,510 | €20,510 | = |
| Non-distributable reserves130/1 | €11,775 | €11,775 | €11,775 | €11,775 | €11,775 | = |
| Legal reserve130 | €11,775 | €11,775 | €11,775 | €11,775 | €11,775 | = |
| Distributable reserves133 | €8,735 | €8,735 | €8,735 | €8,735 | €8,735 | = |
| Profit (loss) carried forward14 | -€44,906 | -€52,283 | -€59,427 | -€60,601 | -€63,521 | ▼ 4.8% |
| Amounts payable17/49 | - | - | - | €1,175 | €2,083 | ▲ 77.3% |
| Amounts payable within one year42/48 | - | - | - | €1,175 | €2,083 | ▲ 77.3% |
| Other amounts payable47/48 | - | - | - | €1,175 | €2,083 | ▲ 77.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,267 | -€7,376 | -€7,144 | -€1,175 | -€2,920 | ▼ 149% |
| + Depreciation and write-downs630 | €2,301 | €767 | - | - | - | - |
| Operating cash flow (approximation) | -€4,966 | -€6,610 | -€7,144 | -€1,175 | -€2,920 | ▼ 149% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €0 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Reappointment: Henri De La Haye (director)2 facts ▸
State Gazette act
Reappointment: Henri De La Haye (director)
2 facts ▸
- General meeting, 02-05-2024
- Director reappointment, Henri De La Haye (director)
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Weakest financial yearnet -€8,230
Net result drops to -€8,230, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director
Henri De La Haye
CurrentDirector
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 2 establishment units since 1989
Ground area
950 m²
Building footprint
437 m²
Volume, LiDAR
3,126 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Markt 32, 3271 Scherpenheuvel-Zichem
since 19892.043.147.028
Markt 36, 3271 Scherpenheuvel-Zichem
since 19892.043.147.127
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24129E0063/00G000 | Flanders | 758 m² | 1 · 279 m² | 12.3 m · 3 fl. |
| 24129E0055/00C000 | Flanders | 192 m² | 1 · 158 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Henri De La Haye |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded20-03-1989
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437088136
Also
9925:BE0437088136
Registered
04-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.