Skip to content

VAN LATHEM GALMART LOGISTICS

Active
Public limited companyfounded 2013active for 13 yearsBrusselsesteenweg 400, 1500 Halle, BelgiumKBO/BCE: BE 0535.655.873
Summary

VAN LATHEM GALMART LOGISTICS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €250,744. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 91% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-06-2013 Normal situation
Activity
Site preparation NACE 43120and 2 others
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment unit
2.219.760.272 1500 Halle, since 24-06-2013
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board
  • Goderik Van LathemDaily manager
Shareholders

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.5m
▲ 6.2%
Turnover
≈ €4.2m
estimated
Profit
€250,744
▲ 8.0%
Equity
€2.4m
▲ 11.8%
Total assets
€2.9m
▲ 4.5%
Employees on 31-12-2025
20
▲ 5.3%
Score breakdownlowers riskFigures for financial year 2025 (filed on 15-07-2026)Equity €2.4m (82.5% of total assets)Profit of €250,744 (financial year 2025)Founded in 2013Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 82.5% of total assets
Liquidity 57-24
short-term debt 12.5% · cash 7.1%
Profitability 80+1
return on assets 8.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.04 (5.45 in 2024), above the usual 1.5. Short-term debt is 12.5% and cash 7.1% of total assets. 17.5% 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 43, small). It does better than 95% of them on solvency, 72% on liquidity, 71% on profitability and 65% 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 riskneutral
lowers risk · Figures for financial year 2025 (filed on 15-07-2026)
NBB · annual accounts
lowers risk · Equity €2.4m (82.5% of total assets)
NBB · annual accounts
lowers risk · Profit of €250,744 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
9 days early
2023
22 days early
2022
3 days early
2021
2 days early
2020
1 day early
2019
on the day
← 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 8 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (5 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
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd largest employer in Halle, Construction sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €250,744 8 years View

Recent changes

  1. · Gazette deed 2 directors resigningResignations: GALMART - VAN LATHEM COMM.VA (director) and Chantal Galmart (directeur belast met het dagelijks bestuur) · Permanent representative: Chantal Galmart
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as VAN LATHEM GALMART LOGISTICS: site preparation (NACE 43120). They are comparable in size and age: total assets between €2.6m and €3.7m, founded between 2007 and 2013.

CompanyTotal assetsGross margin
VAN LATHEM GALMART LOGISTICS Halle€2.9m€1.5m
RASTLAND Zulte€3.2m€1.5m
PIERRE THEWISSEN Ciney€3.4m€2.2m
HANS & ZONEN Lokeren€2.6m€0.9m
Grondwerken Van Bael Dessel€3.0m€1.9m
CH. GERON Aubel€2.8m€1.5m
GSA INFRA Sint-Niklaas€3.7m€2.1m
Full comparison

Key facts about VAN LATHEM GALMART LOGISTICS

What is the company number of VAN LATHEM GALMART LOGISTICS?
The company number of VAN LATHEM GALMART LOGISTICS is 0535.655.873. The VAT number is the same number with BE in front: BE 0535.655.873.
Where is VAN LATHEM GALMART LOGISTICS based?
The registered office is at Brusselsesteenweg 400, 1500 Halle.Company details
What does VAN LATHEM GALMART LOGISTICS do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of VAN LATHEM GALMART LOGISTICS?
The legal form of VAN LATHEM GALMART LOGISTICS is Public limited company (NV).
When was VAN LATHEM GALMART LOGISTICS founded?
VAN LATHEM GALMART LOGISTICS was founded on 12-06-2013.
Is VAN LATHEM GALMART LOGISTICS still active?
Yes, VAN LATHEM GALMART LOGISTICS is an active enterprise in the KBO register.
How many employees does VAN LATHEM GALMART LOGISTICS have?
VAN LATHEM GALMART LOGISTICS had an average of 21 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VAN LATHEM GALMART LOGISTICS fall under?
In its 2025 annual accounts, VAN LATHEM GALMART LOGISTICS states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of VAN LATHEM GALMART LOGISTICS?
The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €1.5m and 68 comparable companies (NACE 43). It probably lies between €3.2m and €5.6m. In financial year 2020 turnover was €3.6m.
Is VAN LATHEM GALMART LOGISTICS profitable?
In financial year 2025, VAN LATHEM GALMART LOGISTICS made a profit of €250,744.
Where can I find the annual accounts of VAN LATHEM GALMART LOGISTICS?
VAN LATHEM GALMART LOGISTICS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN LATHEM GALMART LOGISTICS due?
VAN LATHEM GALMART LOGISTICS must file the annual accounts for financial year 2026 by 31-07-2027.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.