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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GALAXAL from Ottignies-Louvain-la-Neuve, company number BE0421208642, closed financial year 2025 with a result of € 48,357 after tax. For that financial year GALAXAL recorded a gross margin of € 87,562 and equity of € 59,446. Compared with financial year 2024, the result moved from € -5,016 to € 48,357. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 59,446
▲ 128% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,357
▲ still € 5,016 loss in 2024
Profit after tax over the fiscal year.
€ 10,059
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15,000 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 19,790
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 246,349
▼ 14% vs 2024
€ 41,893 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 286
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,558
▲ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,540 | € 17,468 | € 15,139 | € 87,562 | ▲ € 72,423 |
| Profit after taxes | € -4,607 | € 5,084 | € -5,016 | € 48,357 | ▲ € 53,373 |
| Equity | € 26,021 | € 31,105 | € 26,089 | € 59,446 | ▲ 128% |
| Total debts | € 24,969 | € 43,326 | € 319,599 | € 293,193 | ▼ 8% |
| Cash | € 35,631 | € 36,444 | € 9,079 | € 10,059 | ▲ 11% |
| Retained profit | € 7,429 | € 12,513 | € 7,497 | € 40,854 | ▲ € 33,357 |
| Dividend | € 0 | € 0 | € 0 | € 15,000 | |
| Bank debt | € 7,256 | € 23,532 | € 286,833 | € 246,349 | ▼ 14% |
| Balance sheet total | € 50,990 | € 74,431 | € 345,688 | € 352,639 | ▲ 2% |
Key figures of GALAXAL, 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 GALAXAL?
What happened at GALAXAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,357. filed late Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,607 loss in 2022 to € 48,357 profit in 2025.
Paid € 58,728 in corporate taxes since 2022.
Best year ever: 2025, with € 48,357 profit.
Paid out € 15,000 in dividends to the owners in total.
Management
Behind GALAXAL is Xavier van Aerssen. It owns 35% of EXCELLIUM SOLUTION itself.
Directors
According to the 2025 annual accounts
Xavier van Aerssen
Director
Establishments
Establishment units
Physical locations of this company
Avenue Albert Ier 95
1342 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.208.642
- VAT number
- BE 0421.208.642
- Registered office
- Avenue Albert Ier 95, 1342 Ottignies-Louvain-la-Neuve
- Names & denominations
- GALAXAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1980
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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