Galane
ActiveThe computed 12-month bankruptcy probability of Galane is 1.5% (moderate). The 2025 annual accounts show equity of €77k and a net result of €47k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 12646 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
98
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+18
Solvency95▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 3.92 in 2024), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.4%
Return on assets
31.9%
Age of the figures
8 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 d early
2024
29 d late
2023
64 d late
2022
28 d late
2021
30 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
07-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▼ 59.0%
2024 · €187k
2019: €43k
2020: €82k
2021: €112k
2022: €139k
2023: €156k
2024: €187k
2019 → 2025
Total assets
€149k▼ 40.2%
2024 · €249k
2019: €133k
2020: €115k
2021: €140k
2022: €168k
2023: €198k
2024: €249k
2019 → 2025
Net result
€47k▲ 54.6%
2024 · €31k
2019: €29k
2020: €68k
2021: €30k
2022: €27k
2023: €18k
2024: €31k
2019 → 2025
Working capital
€69k▼ 61.3%
2024 · €178k
2019: €25k
2020: €67k
2021: €100k
2022: €120k
2023: €145k
2024: €178k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€139k▲ 24.3%€156k▲ 12.6%€187k▲ 19.6%€77k▼ 59.0%
Operating result€48k-€39k▼ 18.4%€26k▼ 33.9%€40k▲ 54.8%€65k▲ 62.5%
Net result€30k-€27k▼ 8.6%€18k▼ 35.3%€31k▲ 75.0%€47k▲ 54.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 63% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€8k▼ 19.2%
Current assets
€141k▼ 41.0%
Equity and liabilities €149k
Equity
€77k▼ 59.0%
Debt
€72k▲ 17.0%
The debt ratio rises from 24.8% to 48.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€67k▲
2024 · €42k
Cash flow
€49k▲
2024 · €32k
Solvency
51.4%▼
2024 · 75.2%
Current ratio
1.95▼
2024 · 3.92
Quick ratio
1.91▼
2024 · 3.87
Debt / equity
0.94▲
2024 · 0.33
ROE
62.0%▲
2024 · 16.4%
ROA
31.9%▲
2024 · 12.3%
Interest coverage
13.53▲
2024 · 11.35
Debt
€72k▲
2024 · €62k
Debt ≤ 1 year
€72k▲
2024 · €61k
Income taxes
€17k▲
2024 · €12k
Staff costs
€80k▲
2024 · €76k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets20/58€249k€149k▼
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€5k€3k▼
Financial fixed assets28€5k€5k=
Current assets29/58€239k€141k▼
Stocks & contracts in progress3€3k€3k=
Amounts receivable within one year40/41€136k€30k▼
Cash & bank54/58€100k€108k▲
Total equity & liabilities10/49€249k€149k▼
Equity10/15€187k€77k▼
Contributions / capital10/11€13k€19k▲
Reserves13€2k€2k=
Accumulated profits (losses)14€173k€56k▼
Amounts payable17/49€62k€72k▲
Amounts payable within one year42/48€61k€72k▲
Trade debts payable within one year44€18k€16k▼
Income statement
Code20242025
Gross operating margin9900€118k€147k▲
Operating result9901€40k€65k▲
Financial income75€7k€4k▼
Financial charges65€4k€5k▲
Result before taxes9903€43k€64k▲
Income taxes67/77€12k€17k▲
Net result for the period9904€31k€47k▲
Result to be appropriated9905€31k€47k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
02-01
State Gazette act
Director changes
Daan Dierickx
2023
31-12
Financial
Weakest financial yearnet €18k ▼35.3%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €156k ▲12.6%
5 profitable years in a row build equity to €156k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €100kEq €112k ▲36.2%
3 profitable years in a row build equity to €112k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2019net €68k ▲136%
Net result €68k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.04
Current ratio from 1.27 to 3.04; short-term debt falls from €90k to €33k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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Of 21,676 companies in sector 56112 we hold annual accounts for 9,575. 7,957 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 26-08-2026. Scores and ratios are computed by Checked and are not a credit decision.