VAN LATHEM - GALMART RECYCLING
ActiveSummary
VAN LATHEM - GALMART RECYCLING has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €386,442. Equity has been growing by about 4.4% per year since 2018. Its solvency ranks better than 95% 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 02-04-2003 Normal situation
- Activity
- Site preparation NACE 43120and 3 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.229.151.654 1500 Halle, since 28-03-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
- Van Lathem GoderikDirector · since 29-06-2022
- GALMART - VAN LATHEM100%· score 942025 annual accounts of GALMART - VAN LATHEM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €892,221
- ▲ 22.2%
- Turnover
- ≈ €2.5m
- estimated
- Profit
- €386,442
- ▲ 185%
- Equity
- €1.8m
- ▲ 26.7%
- Total assets
- €2.1m
- ▲ 16.2%
- Employees on 31-12-2025
- 4
- ▼ 20.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 2003Equity €1.8m (89.0% of total assets)Size: 3.8 FTE, total assets €2.1mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 90% of them on solvency, 56% on liquidity, 78% on profitability and 73% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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)
Key points
- Positive: Result rose in 2025different schema filed ▲ 185% View
- Positive: Higher solvency than 94% of companies in specialised constructionsector median 42.5% · 2,445 companies 89.0% 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: €386,442 8 years View
Recent changes
- · Gazette deed Resignations: GALMART - VAN LATHEM COMM.VA (director) and Chantal Galmart (directeur belast met het dagelijks bestuur)Permanent representative: Chantal Galmart
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as VAN LATHEM - GALMART RECYCLING: site preparation (NACE 43120). They are comparable in size and age: total assets between €1.8m and €2.7m, founded between 1999 and 2005.
| Company | Total assets | Gross margin |
|---|---|---|
| VAN LATHEM - GALMART RECYCLING Halle | €2.1m | €0.9m |
| POPPE WIM Waasmunster | €2.0m | €0.7m |
| EMMERECHTS Grimbergen | €2.6m | €0.7m |
| RYBRA Lochristi | €2.7m | €1.1m |
| VANNIGRO Tielt | €2.1m | €0.7m |
| GEELEN Maaseik | €1.8m | €0.7m |
| ALGEMENE ONDERNEMING VAN DELM Puurs-Sint-Amands | €2.7m | €0.9m |
Key facts about VAN LATHEM - GALMART RECYCLING
- What is the company number of VAN LATHEM - GALMART RECYCLING?
- The company number of VAN LATHEM - GALMART RECYCLING is 0479.912.349. The VAT number is the same number with BE in front: BE 0479.912.349.
- Where is VAN LATHEM - GALMART RECYCLING based?
- The registered office is at Brusselsesteenweg 400, 1500 Halle.Company details
- What does VAN LATHEM - GALMART RECYCLING do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of VAN LATHEM - GALMART RECYCLING?
- The legal form of VAN LATHEM - GALMART RECYCLING is Public limited company (NV).
- When was VAN LATHEM - GALMART RECYCLING founded?
- VAN LATHEM - GALMART RECYCLING was founded on 02-04-2003.
- Is VAN LATHEM - GALMART RECYCLING still active?
- Yes, VAN LATHEM - GALMART RECYCLING is an active enterprise in the KBO register.
- How many employees does VAN LATHEM - GALMART RECYCLING have?
- VAN LATHEM - GALMART RECYCLING had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VAN LATHEM - GALMART RECYCLING fall under?
- In its 2025 annual accounts, VAN LATHEM - GALMART RECYCLING states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of VAN LATHEM - GALMART RECYCLING?
- The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €892,221 and 145 comparable companies (NACE 43). It probably lies between €1.9m and €3.4m.
- Is VAN LATHEM - GALMART RECYCLING profitable?
- In financial year 2025, VAN LATHEM - GALMART RECYCLING made a profit of €386,442.
- Where can I find the annual accounts of VAN LATHEM - GALMART RECYCLING?
- VAN LATHEM - GALMART RECYCLING filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VAN LATHEM - GALMART RECYCLING due?
- VAN LATHEM - GALMART RECYCLING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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