GALUV
ActiveSummary
GALUV has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €14k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 44% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+12
Solvency63▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.27 in 2024; short-term debt: 61.8% and cash: 10.8% of total assets), and 61.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.2%
Return on assets
8.4%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
22 d early
2023
24 d late
2022
29 d late
2021
11 d late
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 28.2%
2024 · €49k
2018: €23klowest in 8 years
2019: €32k▲ +35.8% vs 2018
2020: €33k▲ +5.3% vs 2019
2021: €38k▲ +13.8% vs 2020
2022: €40k▲ +6.0% vs 2021
2023: €43k▲ +8.3% vs 2022
2024: €49k▲ +13.9% vs 2023
2025: €63k▲ +28.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€166k▲ 58.7%
2024 · €105k
2018: €101klowest in 8 years
2019: €122k▲ +21.2% vs 2018
2020: €112k▼ -8.0% vs 2019
2021: €146k▲ +30.3% vs 2020
2022: €146k▲ +0.1% vs 2021
2023: €140k▼ -4.2% vs 2022
2024: €105k▼ -25.4% vs 2023
2025: €166k▲ +58.7% vs 2024highest in 8 years
2018 → 2025
Net result
€14k▲ 131%
2024 · €6k
2018: €9k
2019: €8k▼ -9.9% vs 2018
2020: €2k▼ -79.8% vs 2019lowest in 8 years
2021: €5k▲ +173% vs 2020
2022: €2k▼ -50.9% vs 2021
2023: €3k▲ +47.5% vs 2022
2024: €6k▲ +81.4% vs 2023
2025: €14k▲ +131% vs 2024highest in 8 years
2018 → 2025
Working capital
€6k▼ 55.4%
2024 · €14k
2018: €10k
2019: €17k▲ +58.0% vs 2018highest in 8 years
2020: €13k▼ -22.8% vs 2019
2021: €2k▼ -85.3% vs 2020lowest in 8 years
2022: €6k▲ +244% vs 2021
2023: €12k▲ +82.1% vs 2022
2024: €14k▲ +21.6% vs 2023
2025: €6k▼ -55.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€40k▲ 6.0%€43k▲ 8.3%€49k▲ 13.9%€63k▲ 28.2%
2021: €38klowest in 5 years
2022: €40k▲ +6.0% vs 2021
2023: €43k▲ +8.3% vs 2022
2024: €49k▲ +13.9% vs 2023
2025: €63k▲ +28.2% vs 2024highest in 5 years
Operating result€7k-€4k▼ 36.7%€6k▲ 38.5%€13k▲ 117%€19k▲ 46.1%
2021: €7k
2022: €4k▼ -36.7% vs 2021lowest in 5 years
2023: €6k▲ +38.5% vs 2022
2024: €13k▲ +117% vs 2023
2025: €19k▲ +46.1% vs 2024highest in 5 years
Net result€5k-€2k▼ 50.9%€3k▲ 47.5%€6k▲ 81.4%€14k▲ 131%
2021: €5k
2022: €2k▼ -50.9% vs 2021lowest in 5 years
2023: €3k▲ +47.5% vs 2022
2024: €6k▲ +81.4% vs 2023
2025: €14k▲ +131% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€57k ▲ 54.6%
Current assets
€109k ▲ 60.9%
Equity and liabilities €166k
Equity
€63k ▲ 28.2%
Debt
€103k ▲ 86.0%
Debt's share of the balance-sheet total rises from 52.7% to 61.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▲
2024 · €22k
Cash flow
€23k▲
2024 · €15k
Current ratio
1.06▼
2024 · 1.27
Quick ratio
1.04▼
2024 · 1.05
Debt to equity
1.62▲
2024 · 1.12
ROE
22.0%▲
2024 · 12.2%
ROA
8.4%▲
2024 · 5.8%
Interest coverage
52.21▲
2024 · 4.97
Debt ≤ 1 year
€103k▲
2024 · €53k
Income taxes
€4k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€105k€166k▲
Fixed assets21/28€37k€57k▲
Tangible fixed assets22/27€37k€57k▲
Plant, machinery and equipment23€13k€39k▲
Furniture and vehicles24€24k€18k▼
Current assets29/58€68k€109k▲
Stocks and contracts in progress3€11k€2k▼
Stocks30/36€11k€2k▼
Amounts receivable within one year40/41€36k€87k▲
Trade receivables40€28k€77k▲
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€20k€18k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€105k€166k▲
Equity10/15€49k€63k▲
Contributions10/11€7k€7k=
Reserves13€37k€47k▲
Distributable reserves133€37k€47k▲
Profit (loss) carried forward14€6k€10k▲
Amounts payable17/49€55k€103k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€53k€103k▲
Current portion of amounts payable after more than one year42€7k€2k▼
Trade debts44€38k€81k▲
Suppliers440/4€38k€81k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€5k€16k▲
Accrued charges and deferred income492/3€130€37▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€23k€29k▲
Operating profit (loss)9901€13k€19k▲
Financial income75/76B€15€199▲
Recurring financial income75€15€199▲
Financial charges65/66B€4k€535▼
Recurring financial charges65€4k€535▼
Profit (loss) for the period before taxes9903€8k€18k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€6k€14k▲
Profit (loss) for the period to be appropriated9905€6k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€20k▲
Profit (loss) brought forward from the previous period14P€6k€6k▲
Transfer to equity691/2€6k€10k▲
To other reserves6921€6k€10k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €9k | €9k | €9k | ▲ 5.9% |
| Other operating charges640/8 | €502 | €2k | €922 | €1k | €1k | ▲ 0.7% |
| Gross operating margin9900 | €17k | €15k | €16k | €23k | €29k | ▲ 28.0% |
| Operating profit (loss)9901 | €7k | €4k | €6k | €13k | €19k | ▲ 46.1% |
| Financial income75/76B | - | €15 | €6 | €15 | €199 | ▲ 1,235% |
| Recurring financial income75 | - | €15 | €6 | €15 | €199 | ▲ 1,235% |
| Financial charges65/66B | €1k | €1k | €1k | €4k | €535 | ▼ 87.7% |
| Recurring financial charges65 | €1k | €1k | €1k | €4k | €535 | ▼ 87.7% |
| Profit (loss) for the period before taxes9903 | €6k | €3k | €5k | €8k | €18k | ▲ 117% |
| Income taxes67/77 | €1k | €945 | €1k | €2k | €4k | ▲ 81.5% |
| Profit (loss) for the period9904 | €5k | €2k | €3k | €6k | €14k | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €5k | €2k | €3k | €6k | €14k | ▲ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146k | €146k | €140k | €105k | €166k | ▲ 58.7% |
| Fixed assets21/28 | €57k | €48k | €41k | €37k | €57k | ▲ 54.6% |
| Tangible fixed assets22/27 | €57k | €48k | €41k | €37k | €57k | ▲ 54.6% |
| Plant, machinery and equipment23 | €21k | €18k | €16k | €13k | €39k | ▲ 197% |
| Furniture and vehicles24 | €36k | €30k | €25k | €24k | €18k | ▼ 24.1% |
| Current assets29/58 | €89k | €98k | €99k | €68k | €109k | ▲ 60.9% |
| Stocks and contracts in progress3 | €16k | €18k | €14k | €11k | €2k | ▼ 82.6% |
| Stocks30/36 | €16k | €18k | €14k | €11k | €2k | ▼ 82.6% |
| Amounts receivable within one year40/41 | €64k | €72k | €83k | €36k | €87k | ▲ 145% |
| Trade receivables40 | €57k | €59k | €77k | €28k | €77k | ▲ 180% |
| Other amounts receivable41 | €8k | €13k | €6k | €8k | €10k | ▲ 23.3% |
| Cash at bank and in hand54/58 | €7k | €7k | €2k | €20k | €18k | ▼ 8.6% |
| Deferred charges and accrued income490/1 | €626 | €578 | €612 | €1k | €2k | ▲ 69.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146k | €146k | €140k | €105k | €166k | ▲ 58.7% |
| Equity10/15 | €38k | €40k | €43k | €49k | €63k | ▲ 28.2% |
| Contributions10/11 | €7k | €7k | €7k | €7k | €7k | = |
| Reserves13 | €26k | €28k | €31k | €37k | €47k | ▲ 27.1% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €24k | €26k | €31k | €37k | €47k | ▲ 27.1% |
| Profit (loss) carried forward14 | €5k | €6k | €6k | €6k | €10k | ▲ 64.9% |
| Amounts payable17/49 | €108k | €106k | €97k | €55k | €103k | ▲ 86.0% |
| Amounts payable after more than one year17 | €21k | €15k | €8k | €2k | - | - |
| Financial debts170/4 | €21k | €15k | €8k | €2k | - | - |
| Amounts payable within one year42/48 | €87k | €91k | €88k | €53k | €103k | ▲ 92.3% |
| Current portion of amounts payable after more than one year42 | €8k | €6k | €7k | €7k | €2k | ▼ 74.8% |
| Trade debts44 | €56k | €50k | €61k | €38k | €81k | ▲ 111% |
| Suppliers440/4 | €56k | €50k | €61k | €38k | €81k | ▲ 111% |
| Taxes, remuneration and social security45 | €2k | €5k | €9k | €4k | €4k | ▲ 8.0% |
| Taxes450/3 | €2k | €5k | €9k | €4k | €4k | ▲ 8.0% |
| Other amounts payable47/48 | €21k | €29k | €12k | €5k | €16k | ▲ 238% |
| Accrued charges and deferred income492/3 | - | - | €785 | €130 | €37 | ▼ 71.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €2k | €3k | €6k | €14k | ▲ 131% |
| + Depreciation and write-downs630 | €9k | €9k | €9k | €9k | €9k | ▲ 5.9% |
| Operating cash flow (approximation) | €14k | €11k | €12k | €15k | €23k | ▲ 56.8% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-5k | €-29k | ▼ 490% |
| Change in cash | - | €-462 | €-5k | €18k | €-2k | ▼ 110% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €14k ▲131%
Operating result €19k, net result €14k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼79.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
10-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Blégny · 1 establishment unit since 2011
Ground area
1,356 m²
Building footprint
108 m²
Volume, LiDAR
823 m³
Parcel 62074B0506/00V000, Wallonia · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GALUV
since 20112.203.964.516
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62074B0506/00V000 | Wallonia | 1,356 m² | 1 · 108 m² | 9.5 m · 3 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,194 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
Founded03-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43211General electrical installation work
43212Electrical installation work in industrial facilities
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.