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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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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GALVER from Aalst, company number BE0427881054, closed financial year 2024 with a result of € -897 after tax. For that financial year GALVER recorded a gross margin of € 96,740 and equity of € 864,919. Compared with financial year 2023, the result moved from € 106,154 to € -897. 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 July 24, 2025.
€ 864,919
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -897
▼ still € 106,154 profit in 2023
Profit after tax over the fiscal year.
€ 22,837
▲ 167% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 617,025.
Debts at end 2024
€ 1.1 million
▼ 13% vs 2023
€ 175,732 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3,170
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 83,952 | € 67,826 | € 229,735 | € 96,740 | ▼ 58% |
| Profit after taxes | € 34,299 | € 21,174 | € 106,154 | € -897 | ▼ € 107,051 |
| Equity | € 738,488 | € 759,662 | € 865,816 | € 864,919 | |
| Total debts | € 922,639 | € 747,830 | € 1,315,468 | € 1,216,156 | ▼ 8% |
| Cash | € 213,257 | € 83,758 | € 8,559 | € 22,837 | ▲ 167% |
| Land & buildings | € 540,165 | € 528,870 | € 194,598 | € 208,227 | ▲ 7% |
| Retained profit | € 490,594 | € 511,768 | € 617,922 | € 617,025 | |
| Bank debt | € 592,275 | € 531,494 | € 1,235,589 | € 1,081,137 | ▼ 13% |
| Balance sheet total | € 1,661,127 | € 1,507,491 | € 2,219,533 | € 2,119,213 | ▼ 5% |
Key figures of GALVER, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GALVER?
What happened at GALVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NINOVE REAL ESTATE BV stepped down as director. NBB
- Build 4 U NV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 897 (▼ € 107,051 vs 2023). Source: NBB ↗
- NINOVE REAL ESTATE BV became a director. NBB
- Build 4 U NV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,299 profit in 2021 to € 897 loss in 2024.
Paid € 19,551 in corporate taxes since 2021.
Best year ever: 2023, with € 106,154 profit.
Management
The stake of GAVEL, NINOVE REAL ESTATE, BUILD 4 U comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALVERThe shares are held by GAVEL (74%), NINOVE REAL ESTATE (50%) and BUILD 4 U (50%).
Directors
According to the 2024 annual accounts
since 2023 · until 2029
Director · represented by Roelandt DOMINIC
Also active at: ROCHER IV, AUTOHANDEL E. SMET, VEGA, REDROSE PROPERTIES, REDROSE CONSTRUCT, FIRST FRONT, ARMAN BO1, BLACK ROSE INVESTMENT GROUP +7 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Korte Zoutstraat 45
9300 Aalst
Portugalstraat 5 box 101
9000 Gent
Active since 22 November 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →ROCHER IV same network
€ 55,190 gross margin · 2025
AUTOHANDEL E. SMET same network
€ 821,432 gross margin · 2025
VEGA same network
€ 53,945 gross margin · 2024
REDROSE PROPERTIES same network
€ 948,046 gross margin · 2025
BUILD 4 U same network
€ 2.2 million gross margin · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.881.054
- VAT number
- BE 0427.881.054
- Registered office
- Korte Zoutstraat 45, 9300 Aalst
- Names & denominations
- GALVER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1985
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen