Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Late annual account NBB
Fiscal year 2023 was filed 181 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
GALLEE HORECA ET DEVELOPPEMENTS from Saint-Ghislain, company number BE0401100344, closed financial year 2023 with a result of € -94,541 after tax. For that financial year GALLEE HORECA ET DEVELOPPEMENTS recorded a gross margin of € 658,974 and equity of € 12.3 million. Compared with financial year 2022, the result moved from € 1.6 million to € -94,541. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2025.
€ 12.3 million
▼ 1% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -94,541
▼ still € 1.6 million profit in 2022
Profit after tax over the fiscal year.
€ 144,211
▲ 63% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.7 million.
People and assets in 2023
€ 104,431
▲ 4% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 288,573
▲ € 285,749 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 6.8 million
▼ 10% vs 2022
€ 617,818 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 434,904
▼ 63% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 43,927
▼ 1% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 1,556,096 | € 1,191,656 | € 658,974 | ▼ 45% |
| Profit after taxes | € -104,128 | € 1,623,740 | € -94,541 | ▼ € 1.7 million |
| Equity | € 10,746,412 | € 12,370,152 | € 12,275,611 | ▼ 1% |
| Total debts | € 8,278,201 | € 10,044,220 | € 8,386,567 | ▼ 17% |
| Cash | € 68,460 | € 88,528 | € 144,211 | ▲ 63% |
| Land & buildings | € 11,502,993 | € 11,800,515 | € 11,408,898 | ▼ 3% |
| Retained profit | € 9,195,326 | € 10,819,066 | € 10,724,524 | ▼ 1% |
| Bank debt | € 6,543,754 | € 7,601,502 | € 6,840,399 | ▼ 10% |
| Balance sheet total | € 19,583,342 | € 23,348,512 | € 21,544,486 | ▼ 8% |
| Employees (FTE) | 2.3 | 2.3 | - |
Key figures of GALLEE HORECA ET DEVELOPPEMENTS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to GALLEE HORECA ET DEVELOPPEMENTS?
What happened at GALLEE HORECA ET DEVELOPPEMENTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 94,541 (▼ € 1.7 million vs 2022). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Saint-Ghislain. KBO
In short
From € 104,128 loss in 2021 to € 94,541 loss in 2023.
Paid € 2,510 in corporate taxes since 2021.
Best year ever: 2022, with € 1.6 million profit.
On average € 518,100 of value added per employee in 2022.
Establishments
Establishment units
Physical locations of this company
Rue L.Glineur(T) 49
7333 Saint-Ghislain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.100.344
- VAT number
- BE 0401.100.344
- Registered office
- Rue L.Glineur(T) 49, 7333 Saint-Ghislain
- Names & denominations
- GALLEE HORECA ET DEVELOPPEMENTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 26 Dec 2025
- Contact
- [email protected] 065761000
- Activities · NACE
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