Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GALCOM from Elsene, company number BE0430792935, closed financial year 2025 with a result of € -19,674 after tax. For that financial year GALCOM recorded a gross margin of € 205,565 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € 2,266 to € -19,674. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ -1.2 million
▼ € 19,674 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,674
▼ still € 2,266 profit in 2024
Profit after tax over the fiscal year.
€ 130,038
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.4 million.
People and assets in 2025
€ 103,569
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
Loans from banks and other lenders, long and short.
€ 38,171
▲ € 33,070 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,787
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 659,248 | € 194,826 | € 225,111 | € 205,565 | ▼ 9% |
| Profit after taxes | € 425,266 | € -32,313 | € 2,266 | € -19,674 | ▼ € 21,940 |
| Equity | € -1,114,205 | € -1,146,518 | € -1,144,252 | € -1,163,926 | ▼ € 19,674 |
| Total debts | € 2,071,715 | € 2,074,696 | € 2,065,498 | € 2,070,673 | |
| Cash | € 399,101 | € 327,896 | € 257,967 | € 130,038 | ▼ 50% |
| Land & buildings | € 518,023 | € 461,165 | € 513,310 | € 642,247 | ▲ 25% |
| Retained profit | € -3,382,431 | € -3,414,744 | € -3,412,478 | € -3,432,152 | ▼ € 19,674 |
| Bank debt | € 1,897,000 | € 1,897,000 | € 1,897,000 | € 1,897,000 | |
| Balance sheet total | € 957,510 | € 928,178 | € 921,246 | € 906,747 | ▼ 2% |
Key figures of GALCOM, 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 GALCOM?
What happened at GALCOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,674 (▼ € 21,940 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 425,266 profit in 2022 to € 19,674 loss in 2025.
Best year ever: 2022, with € 425,266 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GALCOM is MICHELE COOSEMANS. MICHELE COOSEMANS is also behind FRECO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Louizalaan 244 box 28
1050 Elsene
Spiraalbuisstraat 33
1050 Elsene
Active since 20 November 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →La Fédération royale belge de Patinage de Vitesse
l'Union européenne des Syndicats pour Indépendants
Arctia
SOCIETE COOPERATIVE D'EDITION ET DE DIFFUSION
FRECO same network
€ 31,968 gross margin · 2025
+6 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
- 0430.792.935
- VAT number
- BE 0430.792.935
- Registered office
- Louizalaan 244 bus 28, 1050 Elsene
- Names & denominations
- GALCOM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1987
- Peppol
- Active · Active since 9 Dec 2025