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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GALAMAT from Roosdaal, company number BE0429712077, closed financial year 2025 with a result of € -218,065 after tax. Compared with financial year 2024, the result moved from € 1,627 to € -218,065. 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 October 22, 2025.
€ 6.5 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -218,065
▼ still € 1,627 profit in 2024
Profit after tax over the fiscal year.
€ 154,593
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.3 million.
Debts at end 2025
€ 3,000
▼ 97% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | € -1,481 | - | - | |
| Profit after taxes | € 257,727 | € 2,346,360 | € 1,627 | € -218,065 | ▼ € 219,693 |
| Equity | € 4,739,093 | € 6,981,267 | € 6,868,290 | € 6,535,620 | ▼ 5% |
| Total debts | € 471,000 | € 304,186 | € 214,605 | € 117,605 | ▼ 45% |
| Cash | € 7,738 | € 1,816,221 | € 879,282 | € 154,593 | ▼ 82% |
| Retained profit | € 4,539,093 | € 6,781,267 | € 6,668,290 | € 6,335,620 | ▼ 5% |
| Dividend | € 0 | € 104,186 | € 114,605 | € 114,605 | |
| Bank debt | € 471,000 | € 200,000 | € 100,000 | € 3,000 | ▼ 97% |
| Balance sheet total | € 5,210,093 | € 7,285,453 | € 7,082,895 | € 6,653,225 | ▼ 6% |
Key figures of GALAMAT, 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 March 2027.
What happened to GALAMAT?
What happened at GALAMAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 218,065 (▼ € 219,693 vs 2024). Source: NBB ↗
- New establishment in Roosdaal. KBO
- Start of the company according to the CBE. KBO
In short
From € 257,727 profit in 2022 to € 218,065 loss in 2025.
Paid € 49,814 in corporate taxes since 2022.
Best year ever: 2023, with € 2.3 million profit.
Paid out € 333,395 in dividends to the owners in total.
Management
The stake of HERSTHOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALAMATBehind GALAMAT are Ulrik Van Houte, Françoise Cardinas and Kristoff Van Houte. The shares are held by HERSTHOLDING (100%). It owns 20.5% of Power X Holding itself.
Directors
According to the 2025 annual accounts
Ulrik Van Houte
Director
Shareholders
100%
Participations
20.5%
Establishments
Establishment units
Physical locations of this company
Herststraat 25
1761 Roosdaal
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →FUGAZI TROY same network
€ 117 gross margin · 2025
X-INVEST
KROFF FINANCIAL CORPORATION same network
€ 208,150 gross margin · 2025
HERSTHOLDING same network
€ -299,625 gross margin · 2025
ARDENTIS same network
€ -16,043 gross margin · 2025
+4 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
- 0429.712.077
- VAT number
- BE 0429.712.077
- Registered office
- Herststraat 25, 1761 Roosdaal
- Names & denominations
- GALAMAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1986
- Peppol
- Not registered