Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.1 to 9.6.
Financials
Financial year 2025
GALCO from Jette, company number BE0415560569, closed financial year 2025 with a result of € -484,299 after tax. For that financial year GALCO recorded revenue of € 17.8 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 64,871 to € -484,299. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 2.6 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -484,299
▼ still € 64,871 profit in 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 112% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.4 million.
People and assets in 2025
9.6
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 4% vs 2024
€ 171,100 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.
€ 38,449
▼ 44% vs 2024
Of which on lease € 32,742.
Debts at end 2025
€ 2 million
▲ 34% vs 2024
€ 23,104 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4.9 million
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 269,874
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,368,373 | € 24,223,700 | € 28,090,269 | € 17,807,223 | ▼ 37% |
| Profit after taxes | € 15,799 | € 126,635 | € 64,871 | € -484,299 | ▼ € 549,170 |
| Equity | € 2,906,941 | € 3,003,576 | € 3,038,447 | € 2,554,149 | ▼ 16% |
| Total debts | € 11,137,308 | € 10,450,353 | € 14,810,746 | € 7,667,239 | ▼ 48% |
| Cash | € 1,284,674 | € 526,952 | € 725,759 | € 1,537,296 | ▲ 112% |
| Retained profit | € 2,756,941 | € 2,853,576 | € 2,888,447 | € 2,404,149 | ▼ 17% |
| Dividend | € 0 | € 30,000 | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 709,013 | € 1,800,056 | € 1,515,748 | € 2,025,930 | ▲ 34% |
| Balance sheet total | € 14,168,524 | € 13,575,530 | € 17,933,588 | € 10,253,167 | ▼ 43% |
| Employees (FTE) | 14.8 | 13.1 | 11.6 | 9.6 | ▼ 2 |
Key figures of GALCO, 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 GALCO?
What happened at GALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre-Olivier Dehon stepped down as director. NBB
- Pascal Dehon stepped down as director. NBB
- Anton Hunink stepped down as director. NBB
- Luc Dehon stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 484,299 (▼ € 549,170 vs 2024). Source: NBB ↗
- Pierre-Olivier Dehon became a director. NBB
- Anton Hunink became a director. NBB
- Pierre-Etienne Dehon stepped down as director. NBB
In short
From € 15,799 profit in 2022 to € 484,299 loss in 2025.
Paid € 8,541 in corporate taxes since 2022.
Best year ever: 2023, with € 126,635 profit.
Paid out € 60,000 in dividends to the owners in total.
Management
The stake of DEHON BENELUX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALCOThe shares are held by DEHON BENELUX (100%). It owns 60% of Teknalys, 24% of Climalife Asia Corporation and 21% of Isceon Distribution Service Ltd S. Etr. itself.
Directors
According to the 2025 annual accounts
Pierre-Olivier Dehon
Director
since 2026 · until 2029
Pascal Dehon
Managing director
Also active at: Dehon Service Belgium, DEHON BENELUX, GESTIMAT BELGIUM
since 2023 · until 2029
Anton Hunink
Director
since 2026 · until 2029
Pierre-Etienne Dehon
Director
Also active at: Dehon Service Belgium, CREALIS BELGIUM, DEHON BENELUX, GESTIMAT BELGIUM
since 2023 · until 2025
Luc Dehon
Director
Also active at: Dehon Service Belgium, CREALIS BELGIUM, DEHON BENELUX, GESTIMAT BELGIUM
since 2023 · until 2029
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Carton de Wiartlaan 79 box 2
1090 Jette
Carton de Wiartlaan 79
1090 Jette
Active since 1 November 1976
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GANDI-AS Domain name registrar - www.gandi.net, FR
Website info
Features
Security
Details
- Company number
- 0415.560.569
- VAT number
- BE 0415.560.569
- Registered office
- Carton de Wiartlaan 79 bus 2, 1090 Jette
- Names & denominations
- GALCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1975
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- climalife.galco.be [email protected]
- Activities · NACE
Groothandel in chemische producten
Groothandel in chemische producten voor industrieel gebruik
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