GALYA
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 3 July 2024
- Supervising judge
- Guy Vloeberghs
- Official Gazette
- 10-07-2024 (pdf) ↗search the document for 2024/128773
Deadlines
- Provisional date payments stopped
- 28 June 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 25 July 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 2 August 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 August 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 3 July 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Elke RoebbenHemelingenstraat 37 B 1, 3700 Tongerenelke@advroebben.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-06-2024, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
54 d early
2022
31 d late
2021
24 d late
2020
31 d late
2019
2 d early
2018
1 d early
2017
54 d early
← 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 4 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€85,998▼ 27.4%
2022 · €118,524
Total assets
€880,367▼ 13.6%
2022 · €1.0m
Net result
-€32,526▲ 13.0%
2022 · -€37,399
Working capital
€69,348▼ 40.5%
2022 · €116,582
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€7,971▼ 47.1%-€26,346-€29,492▼ 11.9%-€32,400▼ 9.9%-€40,926▼ 26.3%
Net result€2,397▼ 56.6%-€29,589below the sector's middle half-€35,789below the sector's middle half▼ 21.0%-€37,399below the sector's middle half▼ 4.5%-€32,526below the sector's middle half▲ 13.0%
Equity€221,300▲ 1.1%€191,711within the sector's middle half▼ 13.4%€155,923within the sector's middle half▼ 18.7%€118,524above the sector's middle half▼ 24.0%€85,998within the sector's middle half▼ 27.4%
Total assets€1.1m▼ 8.9%€1.1mwithin the sector's middle half▲ 2.7%€1.1mwithin the sector's middle half▼ 6.4%€1.0mabove the sector's middle half▼ 5.0%€880,367above the sector's middle half▼ 13.6%
Debt€894,013▼ 11.0%€953,880▲ 6.7%€915,979▼ 4.0%€899,876▼ 1.8%€794,369▼ 11.7%
Working capital€194,006▲ 5.4%€168,380within the sector's middle half▼ 13.2%€161,422within the sector's middle half▼ 4.1%€116,582above the sector's middle half▼ 27.8%€69,348within the sector's middle half▼ 40.5%
Solvency19.8%▲ 2.0pp16.7%below the sector's middle half▼ 3.1pp14.5%below the sector's middle half▼ 2.2pp11.6%below the sector's middle half▼ 2.9pp9.8%below the sector's middle half▼ 1.9pp
Current ratio1.22▲ 0.031.18within the sector's middle half▼ 0.041.18within the sector's middle half=1.13within the sector's middle half▼ 0.051.09within the sector's middle half▼ 0.04
Return on assets (ROA)0.2%▼ 0.2pp-2.6%below the sector's middle half▼ 2.8pp-3.3%below the sector's middle half▼ 0.8pp-3.7%below the sector's middle half▼ 0.3pp-3.7%below the sector's middle half=
Staff (FTE)2.3=1.3below the sector's middle half▼ 43.5%0.9below the sector's middle half▼ 30.8%1▲ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
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 €40,926 in 2023 against €32,400 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €880,367
Fixed assets
€16,650 ▲ 758%
Current assets
€863,717 ▼ 15.0%
Equity and liabilities €880,367
Equity
€85,998 ▼ 27.4%
Debt
€794,369 ▼ 11.7%
Debt's share of the balance-sheet total rises from 88.4% to 90.2%. Equity and debt are lower.
Key figures and ratios
Debt to equity
9.24▲
2022 · 7.59
ROE
-37.8%▼
2022 · -31.6%
Debt ≤ 1 year
€794,369▼
2022 · €899,876
Income taxes
€591=
2022 · €591
Staff costs
€5,411▲
2022 · €3,985
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,200 | €2,032 | €329 | ▼ 83.8% |
| Remuneration, social security and pensions62 | - | - | €37,790 | €3,985 | €5,411 | ▲ 35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,740 | €13,990 | €13,131 | €12,663 | - | - |
| Other operating charges640/8 | - | - | €2,202 | €2,956 | €1,063 | ▼ 64.0% |
| Non-recurring operating charges66A | - | - | - | €12,000 | €289 | ▼ 97.6% |
| Gross operating margin9900 | €146,320 | €41,987 | €23,632 | -€796 | -€34,164 | ▼ 4,190% |
| Operating profit (loss)9901 | €7,971 | -€26,346 | -€29,492 | -€32,400 | -€40,926 | ▼ 26.3% |
| Financial income75/76B | - | - | €47 | €674 | €15,180 | ▲ 2,153% |
| Recurring financial income75 | €50 | €6,015 | €47 | €674 | €180 | ▼ 73.3% |
| Non-recurring financial income76B | - | - | - | - | €15,000 | - |
| Financial charges65/66B | - | - | €5,792 | €5,082 | €6,189 | ▲ 21.8% |
| Recurring financial charges65 | €6,049 | €6,416 | €5,792 | €5,082 | €6,189 | ▲ 21.8% |
| Profit (loss) for the period before taxes9903 | €1,972 | -€26,747 | -€35,237 | -€36,808 | -€31,935 | ▲ 13.2% |
| Income taxes67/77 | -€425 | €2,841 | €551 | €591 | €591 | = |
| Profit (loss) for the period9904 | €2,397 | -€29,589 | -€35,789 | -€37,399 | -€32,526 | ▲ 13.0% |
| Profit (loss) for the period to be appropriated9905 | €2,397 | -€29,589 | -€35,789 | -€37,399 | -€32,526 | ▲ 13.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.0m | €880,367 | ▼ 13.6% |
| Fixed assets21/28 | €56,193 | €42,203 | €29,072 | €1,941 | €16,650 | ▲ 758% |
| Tangible fixed assets22/27 | €54,543 | €40,553 | €27,422 | €291 | €15,000 | ▲ 5,053% |
| Land and buildings22 | - | - | - | - | €15,000 | - |
| Plant, machinery and equipment23 | - | - | €500 | - | €0 | - |
| Furniture and vehicles24 | - | - | €26,922 | €291 | €0 | ▼ 100% |
| Financial fixed assets28 | €1,650 | €1,650 | €1,650 | €1,650 | €1,650 | = |
| Current assets29/58 | €1.1m | €1.1m | €1.0m | €1.0m | €863,717 | ▼ 15.0% |
| Stocks and contracts in progress3 | €152,000 | €56,618 | €34,500 | - | - | - |
| Contracts in progress37 | - | - | €34,500 | - | - | - |
| Amounts receivable within one year40/41 | €863,466 | €932,161 | €988,485 | €998,717 | €854,823 | ▼ 14.4% |
| Trade receivables40 | - | - | €945,309 | €957,586 | €814,201 | ▼ 15.0% |
| Other amounts receivable41 | - | - | €43,176 | €41,131 | €40,622 | ▼ 1.2% |
| Cash at bank and in hand54/58 | €43,654 | €108,367 | €15,853 | €13,589 | €8,009 | ▼ 41.1% |
| Deferred charges and accrued income490/1 | - | - | €3,991 | €4,152 | €885 | ▼ 78.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.0m | €880,367 | ▼ 13.6% |
| Equity10/15 | €221,300 | €191,711 | €155,923 | €118,524 | €85,998 | ▼ 27.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,214 | €62,214 | €62,214 | = |
| Capital10 | - | - | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | €62,000 | €62,000 | €62,000 | = |
| Outside capital11 | - | - | €214 | €214 | €214 | = |
| Share premium1100/10 | - | - | €214 | €214 | €214 | = |
| Reserves13 | €177,271 | €177,271 | €177,271 | €177,271 | €177,271 | = |
| Non-distributable reserves130/1 | - | - | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | - | €171,071 | €171,071 | €171,071 | = |
| Profit (loss) carried forward14 | -€18,185 | -€47,774 | -€83,563 | -€120,962 | -€153,488 | ▼ 26.9% |
| Amounts payable17/49 | €894,013 | €953,880 | €915,979 | €899,876 | €794,369 | ▼ 11.7% |
| Amounts payable after more than one year17 | €28,899 | €18,872 | €34,571 | - | - | - |
| Financial debts170/4 | - | - | €34,571 | - | - | - |
| Amounts payable within one year42/48 | €865,114 | €935,008 | €881,407 | €899,876 | €794,369 | ▼ 11.7% |
| Current portion of amounts payable after more than one year42 | - | - | €35,203 | €34,571 | €2,196 | ▼ 93.6% |
| Financial debts43 | - | - | €100,000 | €100,000 | €100,000 | = |
| Credit institutions430/8 | - | - | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €636,335 | €626,750 | €631,670 | €584,018 | €525,738 | ▼ 10.0% |
| Suppliers440/4 | - | - | €631,670 | €584,018 | €525,738 | ▼ 10.0% |
| Taxes, remuneration and social security45 | - | - | €20,468 | €10,962 | €1,896 | ▼ 82.7% |
| Taxes450/3 | - | - | €4,229 | €1,203 | €1,182 | ▼ 1.7% |
| Remuneration and social security454/9 | - | - | €16,239 | €9,759 | €714 | ▼ 92.7% |
| Other amounts payable47/48 | - | - | €94,065 | €170,325 | €164,540 | ▼ 3.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,397 | -€29,589 | -€35,789 | -€37,399 | -€32,526 | ▲ 13.0% |
| + Depreciation and write-downs630 | €19,740 | €13,990 | €13,131 | €12,663 | - | - |
| Operating cash flow (approximation) | €22,137 | -€15,599 | -€22,658 | -€24,736 | -€32,526 | ▼ 31.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €14,468 | -€14,709 | ▼ 202% |
| Change in cash | - | €64,713 | -€92,513 | -€2,264 | -€5,580 | ▼ 146% |
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
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 03-07-2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€37,399
Net result drops to -€37,399, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
08-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 1993
Ground area
1,554 m²
Building footprint
233 m²
Volume, LiDAR
1,027 m³
Parcel 72015A1059/00D000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Kolderstraat 124, 3530 Houthalen-Helchteren
since 19932.102.727.594
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015A1059/00D000 | Flanders | 1,554 m² | 1 · 233 m² | 6.7 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE ROEBBEN Hemelingenstraat 37 B 1, 3700 Tongeren |
03-07-2024 → present |
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Of 29,766 companies in this sector we hold annual accounts for 16,066. 13,193 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded08-11-1988
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435750526
Registered
19-09-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.