Galvamétaux
ActiveSummary
Galvamétaux has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.91M and a net result of €1.43M. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+5
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.39 in 2024; short-term debt: 21.3% and cash: 17.2% of total assets), and 23.6% of the assets are financed with debt.
Credit check for your own amount and term
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
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
76.4%
Return on assets
15.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
28 d late
2022
30 d late
2021
31 d late
2020
2 d late
2019
89 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.43M▲ 39.7%
2024 · €1.02M
2018: €413k
2019: €696k
2020: €171k
2021: €1.00M
2022: €764k
2023: €746k
2024: €1.02M
2018 → 2025
Working capital
€2.32M▲ 159%
2024 · €893k
2018: €938k
2019: €-116k
2020: €-391k
2021: €-69k
2022: €7k
2023: €238k
2024: €893k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.94M-€4.16M▲ 5.5%€4.44M▲ 6.9%€5.48M▲ 23.3%€6.91M▲ 26.1%
Operating result€1.36M-€863k▼ 36.5%€964k▲ 11.7%€1.32M▲ 37.4%€1.92M▲ 44.7%
Net result€1.00M-€764k▼ 23.7%€746k▼ 2.5%€1.02M▲ 37.4%€1.43M▲ 39.7%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.04M
Fixed assets
€4.80M ▼ 5.1%
Current assets
€4.24M ▲ 32.2%
Equity and liabilities €9.04M
Equity
€6.91M ▲ 26.1%
Debt
€2.13M ▼ 23.5%
Debt's share of the balance-sheet total falls from 33.7% to 23.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.50M▲
2024 · €1.79M
Cash flow
€2.01M▲
2024 · €1.49M
Current ratio
2.20▲
2024 · 1.39
Quick ratio
1.75▲
2024 · 1.03
Debt to equity
0.31▼
2024 · 0.51
ROE
20.7%▲
2024 · 18.7%
ROA
15.8%▲
2024 · 12.4%
Interest coverage
211.67▲
2024 · 108.10
Debt ≤ 1 year
€1.92M▼
2024 · €2.32M
Debt > 1 year
€206k▼
2024 · €469k
Income taxes
€474k▲
2024 · €349k
Staff costs
€2.46M▲
2024 · €2.26M
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.26M€9.04M▲
Fixed assets21/28€5.05M€4.80M▼
Intangible fixed assets21€166k€107k▼
Tangible fixed assets22/27€4.89M€4.69M▼
Land and buildings22€3.41M€3.25M▼
Plant, machinery and equipment23€884k€1.25M▲
Furniture and vehicles24€170k€98k▼
Assets under construction and advance payments27€424k€84k▼
Financial fixed assets28€1k€1k=
Current assets29/58€3.21M€4.24M▲
Stocks and contracts in progress3€825k€879k▲
Stocks30/36€825k€879k▲
Amounts receivable within one year40/41€1.66M€1.81M▲
Trade receivables40€1.51M€1.66M▲
Other amounts receivable41€148k€149k▲
Cash at bank and in hand54/58€720k€1.55M▲
Deferred charges and accrued income490/1€622€299▼
Equity and liabilities
Total equity and liabilities10/49€8.26M€9.04M▲
Equity10/15€5.48M€6.91M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€3.35M€3.35M=
Non-distributable reserves130/1€49k€49k=
Legal reserve130€25k€25k=
Other1319€24k€24k=
Distributable reserves133€3.30M€3.30M=
Profit (loss) carried forward14€1.75M€3.18M▲
Investment grants15€129k€129k=
Amounts payable17/49€2.78M€2.13M▼
Amounts payable after more than one year17€469k€206k▼
Financial debts170/4€469k€206k▼
Amounts payable within one year42/48€2.32M€1.92M▼
Current portion of amounts payable after more than one year42€298k€263k▼
Financial debts43€63k€118k▲
Credit institutions430/8€63k€118k▲
Trade debts44€787k€1.06M▲
Suppliers440/4€787k€1.06M▲
Taxes, remuneration and social security45€367k€481k▲
Taxes450/3€123k€151k▲
Remuneration and social security454/9€244k€330k▲
Other amounts payable47/48€800k-
Income statement
Code20242025
Remuneration, social security and pensions62€2.26M€2.46M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€469k€579k▲
Other operating charges640/8€71k€68k▼
Non-recurring operating charges66A€1k€5k▲
Gross operating margin9900€4.13M€5.03M▲
Operating profit (loss)9901€1.32M€1.92M▲
Financial income75/76B€66k€311▼
Recurring financial income75€66k€311▼
Financial charges65/66B€17k€12k▼
Recurring financial charges65€17k€12k▼
Profit (loss) for the period before taxes9903€1.37M€1.90M▲
Income taxes67/77€349k€474k▲
Profit (loss) for the period9904€1.02M€1.43M▲
Profit (loss) for the period to be appropriated9905€1.02M€1.43M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.75M€3.18M▲
Profit (loss) brought forward from the previous period14P€725k€1.75M▲
Social balance
Average headcount (FTE)908736.436.4=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €1.43M ▲39.7%
Operating result €1.92M, net result €1.43M, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Equity above €5MEq €5.48M ▲23.3%
7 profitable years in a row build equity to €5.48M.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €171k ▼75.4%
Net result drops to €171k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Amay · 1 establishment unit since 1968
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.
Rue Waloppe(AMP) 194540 AmayGround area
159 m²
Building footprint
58 m²
Volume, LiDAR
621 m³
Parcel 61004B0422/00A003, Wallonia · tallest building 11.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GALVAMETAUX
since 19682.001.610.341
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61004B0422/00A003 | Wallonia | 159 m² | 1 · 58 m² | 11.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
9676004M7KMQ1AT7LS91
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Of 710 companies in sector 25510 we hold annual accounts for 409. 135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
25510Coating of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.