GALIS
ActiveGALIS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €-17k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-70
Solvency96▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 2.66 in 2024; short-term debt: 29.2% and cash: 6.8% of total assets), and 29.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.8%
Return on assets
-15%
Age of the figures
9 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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
31 d early
2023
30 d late
2022
7 d late
2021
2 d early
2020
5 d early
2019
1 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€341k
EBIT margin
1.7%
Net result
€-17k
2024 · €2k
2018: €4k
2019: €15k
2020: €48k
2021: €40k
2022: €32k
2023: €2k
2024: €2k
2018 → 2025
Working capital
€77k▼ 18.0%
2024 · €94k
2018: €-41k
2019: €-26k
2020: €21k
2021: €61k
2022: €93k
2023: €95k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€93k▲ 51.5%€95k▲ 2.1%€97k▲ 2.0%€80k▼ 17.5%
Operating result€51k-€43k▼ 15.2%€3k▼ 93.0%€3k▼ 3.0%€-16k
Net result€40k-€32k▼ 20.2%€2k▼ 93.9%€2k▼ 2.4%€-17k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€3k=
Current assets
€110k▼ 27.0%
Equity and liabilities €113k
Equity
€80k▼ 17.5%
Debt
€33k▼ 42.1%
The debt ratio falls from 37.0% to 29.2%. Equity and debt are lower.
Key figures and ratios
Solvency
70.8%▲
2024 · 63.0%
Current ratio
3.34▲
2024 · 2.66
Quick ratio
0.34▼
2024 · 0.62
Debt / equity
0.41▼
2024 · 0.59
ROE
-21.2%▼
2024 · 1.9%
ROA
-15.0%▼
2024 · 1.2%
Debt
€33k▼
2024 · €57k
Debt ≤ 1 year
€33k▼
2024 · €57k
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
Assets
Total assets20/58€154k€113k▼
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€151k€110k▼
Stocks and contracts in progress3€116k€99k▼
Stocks30/36€116k€99k▼
Amounts receivable within one year40/41€13k€4k▼
Trade receivables40€11k€4k▼
Other amounts receivable41€2k€15▼
Cash at bank and in hand54/58€22k€8k▼
Equity and liabilities
Total equity and liabilities10/49€154k€113k▼
Equity10/15€97k€80k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€79k€62k▼
Amounts payable17/49€57k€33k▼
Amounts payable within one year42/48€57k€33k▼
Trade debts44€18k€17k▼
Suppliers440/4€18k€17k▼
Taxes, remuneration and social security45€18k€12k▼
Taxes450/3€18k€12k▼
Other amounts payable47/48€21k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€831-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€664-
Other operating charges640/8-€2k
Gross operating margin9900€4k€-15k▼
Operating profit (loss)9901€3k€-16k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€464€465▲
Recurring financial charges65€464€465▲
Profit (loss) for the period before taxes9903€2k€-17k▼
Income taxes67/77€600-
Profit (loss) for the period9904€2k€-17k▼
Profit (loss) for the period to be appropriated9905€2k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€62k▼
Profit (loss) brought forward from the previous period14P€77k€79k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-17k ▼995%
Net result drops to €-17k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €48k ▲222%
Net result €48k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 34 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schaarbeek · 1 establishment unit since 2009
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.
Prinses Elisabethlaan 31030 SchaarbeekGround area
208 m²
Building footprint
208 m²
Volume, LiDAR
3,745 m³
Parcel 21015E0119/00Z000, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
store7seven
since 20092.210.121.343
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015E0119/00Z000 | Brussels | 208 m² | 1 · 208 m² | 20.6 m · 6 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.
Similar companies · same sector, comparable size
EGGS
BE 0828.261.224
Elsene · Eq €90k
B-LEAF FASHION
BE 0503.966.171
Duffel · Eq €90k
MB Nightwear
BE 0782.800.787
Zwevegem · Eq €123k
Arum Lingerie
BE 0830.070.669
Aarschot · Eq €149k
Interieur NATUREL
BE 0459.149.401
Torhout · Eq €41k
Of 44 companies in sector 46422 we hold annual accounts for 23. 11 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2005
Fiscal year end31-12
Activities, NACEBEL
46422Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
46424Wholesale trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.