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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GALLOO HOLDING from Menen, company number BE0405484843, closed financial year 2025 with a result of € 3.1 million after tax. For that financial year GALLOO HOLDING recorded revenue of € 10.1 million and equity of € 223.6 million. Compared with financial year 2024, the result moved from € 20.2 million to € 3.1 million. The company is profitable. 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 June 15, 2026.
€ 223.6 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.1 million
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 5.9 million
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
38.6
▲ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▼ 12% vs 2024
€ 89,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 687,960
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50.2 million
▲ 9% vs 2024
€ 605,716 is repaid this year. At this pace the long-term loan is gone in ≈ 83 years.
€ 1.3 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 787,624
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,530,971 | € 11,202,602 | € 10,629,545 | € 10,085,022 | ▼ 5% |
| Profit after taxes | € 5,081,929 | € -1,573,104 | € 20,238,956 | € 3,101,809 | ▼ 85% |
| Equity | € 212,435,064 | € 204,774,960 | € 225,013,916 | € 223,562,475 | ▼ 1% |
| Total debts | € 121,240,019 | € 220,337,894 | € 108,031,824 | € 120,975,636 | ▲ 12% |
| Cash | € 192,378 | € 9,962,239 | € 20,988,330 | € 5,941,562 | ▼ 72% |
| Land & buildings | € 5,449,184 | € 5,449,184 | € 5,449,184 | € 5,449,184 | |
| Retained profit | € 211,194,432 | € 203,534,327 | € 223,773,283 | € 222,321,842 | ▼ 1% |
| Dividend | € 10,660,000 | € 6,087,000 | € 0 | € 4,553,250 | |
| Bank debt | € 73,353,030 | € 46,000,000 | € 46,000,000 | € 50,240,000 | ▲ 9% |
| Balance sheet total | € 333,675,083 | € 425,112,854 | € 333,045,740 | € 344,538,111 | ▲ 3% |
| Employees (FTE) | 33.6 | 35.7 | 34.1 | 38.6 | ▲ 4.5 |
Key figures of GALLOO HOLDING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GALLOO HOLDING?
What happened at GALLOO HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TIMECO NV stepped down as director. NBB
- AXERIO BV stepped down as director. NBB
- TEN-CONSULTING BV stepped down as director. NBB
- JOELA GALLOO stepped down as director. NBB
- ANTOINE VANDEPUTTE stepped down as director. NBB
- JAN VANDEPUTTE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.1 million (▼ 85% vs 2024). Source: NBB ↗
- VANKO MANAGEMENT BV stepped down as director. NBB
In short
From € 5.1 million profit in 2022 to € 3.1 million profit in 2025.
Paid € 159,013 in corporate taxes since 2022.
Best year ever: 2024, with € 20.2 million profit.
Paid out € 21.3 million in dividends to the owners in total.
Management
It owns 100% of Retra, 100% of Galloo Wallonie, 100% of Galloo France SA, 100% of Galloo Tertre, 100% of Galloo and 100% of Galloo Logistics itself.
Directors
According to the 2025 annual accounts
Director · represented by Tillo Mestdagh
Also active at: CHARLIER - BRABO GROUP, tapeservice
since 2024 · until 2030
Managing director · represented by Rik Debaere
Also active at: GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, E-CRANE WORLDWIDE, GALLOO TERTRE, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
since 2024 · until 2030
Director · represented by Patrik De Jonghe
since 2024 · until 2030
Director · represented by Luc Vandewalle
Also active at: DOMO INVESTMENT GROUP, ALINSO GROUP
since 2024 · until 2026
since 2024 · until 2030
ANTOINE VANDEPUTTE
Chairman of the board
Also active at: GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, SOVAGA, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
since 2024 · until 2030
since 2024 · until 2025
JAN VANDEPUTTE
Managing director
Also active at: GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, SOVAGA, GALLOO LOGISTICS, The Fair Experts +2 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Wervikstraat 320
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.484.843
- VAT number
- BE 0405.484.843
- Registered office
- Wervikstraat 320, 8930 Menen
- Names & denominations
- GALLOO HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 1965
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings