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GALOTIN

Active
Private limited companyfounded 201213 yrs activeChaussée Nationale 4(Sart-B.) 19, 5330 Assesse, BelgiumKBO/BCE: BE 0501.494.354
Summary

The computed 12-month bankruptcy probability of GALOTIN is 2.4% (moderate). The 2024 annual accounts show equity of €27,402 and a net result of €40,876. Equity is growing by ~40.5% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
1 site
Size
€297,909total assets 2024
Staff
0.3 FTE
Equity
€27,402
Profit
€40,876
Financial health
52 Fair Checked score 2024
Bankruptcy chance 12 m
2.4%
Structure
Parent
BACODO · 100%
Board
1 member
Accounts 44 d early1 of 4 deeds read
Why 52- Figures for FY 2024 (filed 01-07-2025)- Sector Food and beverage service activities (NACE 56)+ Size: total assets €297,909+ Founded in 2012Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 46% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 34-1
equity 9.2% of total assets
Liquidity 36-8
short-term debt 37.6% · cash 2.2%
Profitability 86+23
return on assets 13.7%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 22 months 01-2025: 0.8% 02-2025: 0.8%● 0.0% vs 01-2025 03-2025: 0.8%● 0.0% vs 02-2025 04-2025: 0.9%▲ +7.6% vs 03-2025 05-2025: 0.9%▼ -3.5% vs 04-2025 06-2025: 0.8%▼ -4.1% vs 05-2025 07-2025: 1.1%▲ +31.7% vs 06-2025 08-2025: 0.8%▼ -26.3% vs 07-2025 09-2025: 0.8%● 0.0% vs 08-2025 10-2025: 0.8%● 0.0% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%▼ -1.1% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 0.8%● 0.0% vs 02-2026 04-2026: 0.8%▲ +7.7% vs 03-2026 05-2026: 0.8%▼ -3.6% vs 04-2026 06-2026: 0.8%▼ -4.1% vs 05-2026lowest value 07-2026: 0.9%▲ +10.8% vs 06-2026 08-2026: 1.4%▲ +58.7% vs 07-2026 09-2026: 1.7%▲ +25.0% vs 08-2026 10-2026: 2.4%▲ +40.2% vs 09-2026highest value
  • Figures for FY 2024 (filed 01-07-2025) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Size: total assets €297,909 lowers the probability for this profile
  • Founded in 2012 lowers the probability for this profile
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.26 in 2023; short-term debt: 37.6% and cash: 2.2% of total assets), and 90.8% of the assets are financed with debt.
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 56, micro). Better than this share of them on solvency 32%, liquidity 30%, profitability 74%, growth against the median 47%. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 01-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €297,909
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2012
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
41 d early
2023
37 d early
2022
47 d early
2021
37 d early
2020
40 d early
2019
5 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 34 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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. Usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Resignations: BASTAITS Catherine, COUVREUR Jonathan and…Appointment: TERRASI Antonino (director) ·…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Board changedlatest change 03-08-2026 · 1 in office 1 joined · 4 left View
  • Controlled by BACODO 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2024
Total assets
€297,909
Profit
€40,876
Solvency
9.2%
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 02-09-2026Resignations: BASTAITS Catherine, COUVREUR Jonathan and 2…
  2. 17-06-2026Annual accounts filed
  3. 20-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
23-11-2012
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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