Skip to content

GALY SPORT

Active
Private limited company (pre-2019)founded 1981active for 45 yearsHubert Frère-Orbanlaan 680, 9000 Gent, BelgiumKBO/BCE: BE 0421.884.078
Summary

GALY SPORT has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,532 and a net result of -€9,044. Equity has been growing by about 40% per year since 2019. Its solvency ranks better than 39% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-09-1981 Normal situation
Activity
Retail sale of other sporting goods NACE 47639
Joint committees
201 Paritair Comité voor de zelfstandige kleinhandel
100 Aanvullend Paritair Comité voor de werklieden · annual accounts 31-08-2025
Establishment unit
2.128.775.064 1082 Sint-Agatha-Berchem, since 01-10-1981
Financial year end
31 August
Peppol
Reachable since 11-06-2024

Board and ownership

Board
  • GOOSSENS JORAMDirector
  • LABEEUW YVESDirector
  • VANDER LEENEN CHRISTIANNEDirector

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-08-2025
Gross margin
€185,469
▼ 20.6%
Turnover
≈ €1.1m
estimated
Loss
€9,044
Equity
€255,532
▼ 3.4%
Total assets
€941,357
▼ 8.8%
Staff
2.6 FTE
▲ 30.0%
Score breakdownraises riskSector: Retail trade (NACE 47)Liquidity: current ratio 1.53, cash €6,823, halvedLoss of €9,044 (financial year 2025)lowers riskFounded in 1981Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 32% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 52+1
equity 27.1% of total assets
Liquidity 23-4
short-term debt 55.0% · cash 0.7%
Profitability 42-36
return on assets -1.0%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025lowest value 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025lowest value 08-2025: 0.3%● unchanged vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.2 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.53 (1.66 in 2024), above the usual 1.5. Short-term debt is 55% and cash 0.7% of total assets. However, 72.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 43% of them on solvency, 21% on liquidity, 31% on profitability and 33% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Liquidity: current ratio 1.53, cash €6,823, halved
NBB · annual accounts
lowers risk · Founded in 1981
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €9,044 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 04-03-2026, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
27 days early
2024
63 days early
2023
20 days early
2022
16 days early
2021
7 days early
2020
on the day
2019
104 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 12 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end03-11-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €72,411 in 2024 -€9,044 View
  • Caution: Lower net result than 81% of companies in retail tradesector median €27,601 · 12,766 companies -€9,044 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Comparable companies

These companies have the same main activity as GALY SPORT: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €812,000 and €1.1m, founded between 1975 and 1988.

CompanyTotal assetsGross margin
GALY SPORT Gent€0.9m€0.2m
HENFI Herentals€0.8m€0.2m
SPORTINA Erpe-Mere€1.1m€0.3m
HANS LEMMENS GOLF BELGIE Kapellen€1.1m€0.2m
BOETIEK PEXSTERS Wellen€1.1m€0.2m
PUBLI - SPORT Herselt€1.1m€0.2m
ETABLISSEMENTS KOOB et fils Braine-l'Alleud€0.9m€0.2m
Full comparison

Key facts about GALY SPORT

What is the company number of GALY SPORT?
The company number of GALY SPORT is 0421.884.078. The VAT number is the same number with BE in front: BE 0421.884.078.
Where is GALY SPORT based?
The registered office is at Hubert Frère-Orbanlaan 680, 9000 Gent.Company details
What does GALY SPORT do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of GALY SPORT?
The legal form of GALY SPORT is Private limited company (pre-2019) (BVBA).
When was GALY SPORT founded?
GALY SPORT was founded on 01-09-1981.
Is GALY SPORT still active?
Yes, GALY SPORT is an active enterprise in the KBO register.
How many employees does GALY SPORT have?
GALY SPORT had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GALY SPORT fall under?
In its 31-08-2025 annual accounts, GALY SPORT states joint committees 201 (Paritair Comité voor de zelfstandige kleinhandel) and 100 (Aanvullend Paritair Comité voor de werklieden).
What is the turnover of GALY SPORT?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €185,469 and 160 comparable companies (NACE 47). It probably lies between €670,000 and €1.9m.
Is GALY SPORT profitable?
In financial year 2025, GALY SPORT made a loss of €9,044.
Where can I find the annual accounts of GALY SPORT?
GALY SPORT filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GALY SPORT due?
GALY SPORT must file the annual accounts for financial year 2026 by 31-03-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.