GALYA
Open bankruptcyA bankruptcy procedure is open for GALYA according to publications in the Belgian State Gazette; curator: ELKE ROEBBEN.
Summary
The 2023 annual accounts show equity of €86k and a net result of €-33k.
Signals
Three 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
2025
not confirmed
2024
not filed
2023
54 d early
2022
31 d late
2021
24 d late
2020
31 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€86k▼ 27.4%
2022 · €119k
2018: €219k
2019: €221k
2020: €192k
2021: €156k
2022: €119k
2018 → 2023
Total assets
€880k▼ 13.6%
2022 · €1.02M
2018: €1.22M
2019: €1.12M
2020: €1.15M
2021: €1.07M
2022: €1.02M
2018 → 2023
Net result
€-33k▲ 13.0%
2022 · €-37k
2018: €6k
2019: €2k
2020: €-30k
2021: €-36k
2022: €-37k
2018 → 2023
Working capital
€69k▼ 40.5%
2022 · €117k
2018: €184k
2019: €194k
2020: €168k
2021: €161k
2022: €117k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€221k-€192k▼ 13.4%€156k▼ 18.7%€119k▼ 24.0%€86k▼ 27.4%
Operating result€8k-€-26k€-29k▼ 11.9%€-32k▼ 9.9%€-41k▼ 26.3%
Net result€2k-€-30k€-36k▼ 21.0%€-37k▼ 4.5%€-33k▲ 13.0%
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 €41k in 2023 against €32k 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 €880k
Fixed assets
€17k ▲ 758%
Current assets
€864k ▼ 15.0%
Equity and liabilities €880k
Equity
€86k ▼ 27.4%
Debt
€794k ▼ 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
Current ratio
1.09▼
2022 · 1.13
Debt to equity
9.24▲
2022 · 7.59
ROE
-37.8%▼
2022 · -31.6%
ROA
-3.7%▼
2022 · -3.7%
Debt ≤ 1 year
€794k▼
2022 · €900k
Income taxes
€591=
2022 · €591
Staff costs
€5k▲
2022 · €4k
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 · 2023 against 2022 · 54 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1.02M€880k▼
Fixed assets21/28€2k€17k▲
Tangible fixed assets22/27€291€15k▲
Land and buildings22-€15k
Plant, machinery and equipment23-€0
Furniture and vehicles24€291€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.02M€864k▼
Amounts receivable within one year40/41€999k€855k▼
Trade receivables40€958k€814k▼
Other amounts receivable41€41k€41k▼
Cash at bank and in hand54/58€14k€8k▼
Deferred charges and accrued income490/1€4k€885▼
Equity and liabilities
Total equity and liabilities10/49€1.02M€880k▼
Equity10/15€119k€86k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Outside capital11€214€214=
Share premium1100/10€214€214=
Reserves13€177k€177k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€171k€171k=
Profit (loss) carried forward14€-121k€-153k▼
Amounts payable17/49€900k€794k▼
Amounts payable within one year42/48€900k€794k▼
Current portion of amounts payable after more than one year42€35k€2k▼
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€584k€526k▼
Suppliers440/4€584k€526k▼
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€1k€1k▼
Remuneration and social security454/9€10k€714▼
Other amounts payable47/48€170k€165k▼
Income statement
Code20222023
Non-recurring operating income76A€2k€329▼
Remuneration, social security and pensions62€4k€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k-
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€12k€289▼
Gross operating margin9900€-796€-34k▼
Operating profit (loss)9901€-32k€-41k▼
Financial income75/76B€674€15k▲
Recurring financial income75€674€180▼
Non-recurring financial income76B-€15k
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€-37k€-32k▲
Income taxes67/77€591€591=
Profit (loss) for the period9904€-37k€-33k▲
Profit (loss) for the period to be appropriated9905€-37k€-33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-121k€-153k▼
Profit (loss) brought forward from the previous period14P€-84k€-121k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · GALYA NV KOLDER- STRAAT 124, 3530 HOUTHALEN-HELCHTEREN · 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 €-37k
Net result drops to €-37k, 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.
Directors · office · real estate
Directors
3 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, Houthalen-Helchteren · 1 establishment unit since 1993
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.
Kolderstraat 1243530 Houthalen-HelchterenGround 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.
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
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.
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 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,181 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
Founded08-11-1988
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.