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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GALLOO WALLONIE from Tournai, company number BE0411609107, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year GALLOO WALLONIE recorded revenue of € 24 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € -1.3 million to € -1.8 million. 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 June 15, 2026.
€ 4.5 million
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ 43 % more loss than in 2024
Profit after tax over the fiscal year.
€ 472,177
▲ 261% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.3 million.
People and assets in 2025
29.8
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 8% vs 2024
€ 66,900 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.
€ 129,619
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.3 million
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 307,821
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,167,886 | € 21,586,082 | € 20,538,747 | € 24,031,477 | ▲ 17% |
| Profit after taxes | € 617,461 | € -788,367 | € -1,252,650 | € -1,785,372 | ▼ € 532,722 |
| Equity | € 8,335,755 | € 7,543,980 | € 6,290,968 | € 4,505,533 | ▼ 28% |
| Total debts | € 3,631,743 | € 2,882,257 | € 3,599,573 | € 4,851,181 | ▲ 35% |
| Cash | € 582,215 | € 544,598 | € 130,970 | € 472,177 | ▲ 261% |
| Land & buildings | € 1,558,937 | € 1,634,446 | € 1,556,142 | € 1,459,154 | ▼ 6% |
| Retained profit | € -1,438,705 | € -2,227,071 | € -3,479,721 | € -5,265,093 | ▼ € 1.8 million |
| Bank debt | € 601,192 | € 333,332 | € 119,046 | € 0 | ▼ 100% |
| Balance sheet total | € 12,057,499 | € 10,516,237 | € 10,038,480 | € 9,356,714 | ▼ 7% |
| Employees (FTE) | 31.5 | 32 | 33.4 | 29.8 | ▼ 3.6 |
Key figures of GALLOO WALLONIE, 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 WALLONIE?
What happened at GALLOO WALLONIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AXERIO BV stepped down as director. NBB
- JAN VANDEPUTTE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.8 million. Source: NBB ↗
- ANTOINE VANDEPUTTE stepped down as director. NBB
- AXERIO BV became a director. NBB
- ANTOINE VANDEPUTTE became a director. NBB
- JAN VANDEPUTTE became a director. NBB
- New establishment in Châtelet. KBO
In short
From € 617,461 profit in 2022 to € 1.8 million loss in 2025.
Paid € 222,475 in corporate taxes since 2022.
Best year ever: 2022, with € 617,461 profit.
Pays suppliers within 51 days on average.
Management
The shares are held by GALLOO HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by DEBAERE RIK
Also active at: GALLOO HOLDING, Recuperatie- en Transportmaatschappij, GALLOO, E-CRANE WORLDWIDE, GALLOO TERTRE, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
since 2024 · until 2030
ANTOINE VANDEPUTTE
Chairman of the board
Also active at: GALLOO HOLDING, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, SOVAGA, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
since 2024 · until 2026
JAN VANDEPUTTE
Managing director
Also active at: GALLOO HOLDING, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, SOVAGA, GALLOO LOGISTICS, The Fair Experts +2 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Fernand Pennequin(K) 12
7540 Tournai
Avenue des Artisans(GHI) 10
7822 Ath
Active since 1 January 2012
Wolfgang Amadeus Mozartlaan 40
7700 Mouscron
Active since 3 September 2012
Rivage de Boubier 81
6200 Châtelet
Active since 1 January 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.609.107
- VAT number
- BE 0411.609.107
- Registered office
- Rue Fernand Pennequin(K) 12, 7540 Tournai
- Names & denominations
- GALLOO WALLONIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1971
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Groothandel in afval en schroot
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Terugwinning van materialen uit afval
Recycling van metaalafval
Terugwinning van metaalafval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen