What does GALLENCO do?

GALLENCO is a specialised building contractor in Nieuwpoort. Private Limited, started on 10 September 1990, 1 establishment.

What is the address of GALLENCO?

The registered office of GALLENCO is located at Ambachtstraat 6, 8620 Nieuwpoort.

Is GALLENCO still active?

Yes. According to the CBE (31 October 2026) GALLENCO is active, legal situation “Normale toestand”, started on 10 September 1990.

Is GALLENCO registered on Peppol?

Yes, GALLENCO is registered on the Peppol network with ID 0208:0441616650.

What is the enterprise number of GALLENCO?

The enterprise number of GALLENCO is BE0441616650.

When was GALLENCO founded?

GALLENCO was founded on 10 September 1990.

The shares are held by Galle Invest (100%).

Is GALLENCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 September 1990; 5 annual accounts filed, latest fiscal year 2025.

How much profit did GALLENCO make in 2025?

GALLENCO posted a profit after taxes of € 47,445 in financial year 2025.

What is the revenue of GALLENCO?

As a small company, GALLENCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,221,032.

How much does an employee at GALLENCO earn?

The average wage cost per full-time employee at GALLENCO was € 78,700 in 2025: staff costs of € 834,656 for 10.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GALLENCO have?

According to the 2025 annual accounts, GALLENCO has 10.6 full-time equivalents (FTE).

GALLENCO (Private Limited) - Nieuwpoort - BE0441616650

Dossier GALLENCO, printed on 1 November 2026 from databakkes.be/en/0441616650/gallenco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GALLENCO from Nieuwpoort, company number BE0441616650, closed financial year 2025 with a result of € 47,445 after tax. For that financial year GALLENCO recorded a gross margin of € 1.2 million and equity of € 226,152. Compared with financial year 2024, the result moved from € 163,960 to € 47,445. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 226,152

▲ 27% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 47,445

▼ 71% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 187,467

▲ 164% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 207,560.

People and assets in 2025

Full-time equivalents

10.6

▲ 2.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 834,656

▲ 33% vs 2024

€ 78,700 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.

Vehicles and equipment

€ 754,621

▲ 57% vs 2024

Of which on lease € 196,531.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.8 million

▲ 149% vs 2024

€ 397,146 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 910,208

▲ 166% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 48,660

▲ 51% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 685,641 Gross margin 2022: € 685,641 First fiscal year in the series	€ 654,343 Gross margin 2023: € 654,343 ▼ 5% vs 2022 (€ 685,641) Unfavourable step	€ 1,056,437 Gross margin 2024: € 1,056,437 ▲ 61% vs 2023 (€ 654,343) Favourable step	€ 1,221,032 Gross margin 2025: € 1,221,032 ▲ 16% vs 2024 (€ 1,056,437) Favourable step	▲ 16%
Profit after taxes	€ 205,457 Profit after taxes 2022: € 205,457 First fiscal year in the series	€ -29,207 Profit after taxes 2023: € -29,207 ▼ € 234,664 vs 2022 (€ 205,457) Unfavourable step	€ 163,960 Profit after taxes 2024: € 163,960 ▲ € 193,167 vs 2023 (€ -29,207) Favourable step	€ 47,445 Profit after taxes 2025: € 47,445 ▼ 71% vs 2024 (€ 163,960) Unfavourable step	▼ 71%
Equity	€ 203,953 Equity 2022: € 203,953 First fiscal year in the series	€ 174,747 Equity 2023: € 174,747 ▼ 14% vs 2022 (€ 203,953) Unfavourable step	€ 178,707 Equity 2024: € 178,707 ▲ 2% vs 2023 (€ 174,747) Favourable step	€ 226,152 Equity 2025: € 226,152 ▲ 27% vs 2024 (€ 178,707) Favourable step	▲ 27%
Total debts	€ 1,756,764 Total debts 2022: € 1,756,764 First fiscal year in the series	€ 1,643,512 Total debts 2023: € 1,643,512 ▼ 6% vs 2022 (€ 1,756,764) Favourable step	€ 1,691,224 Total debts 2024: € 1,691,224 ▲ 3% vs 2023 (€ 1,643,512) Unfavourable step	€ 3,550,823 Total debts 2025: € 3,550,823 ▲ 110% vs 2024 (€ 1,691,224) Unfavourable step	▲ 110%
Cash	€ 43,711 Cash 2022: € 43,711 First fiscal year in the series	€ 96,559 Cash 2023: € 96,559 ▲ 121% vs 2022 (€ 43,711) Favourable step	€ 70,905 Cash 2024: € 70,905 ▼ 27% vs 2023 (€ 96,559) Unfavourable step	€ 187,467 Cash 2025: € 187,467 ▲ 164% vs 2024 (€ 70,905) Favourable step	▲ 164%
Land & buildings	-	-	-	€ 5,819 Land & buildings 2025: € 5,819 First fiscal year in the series
Retained profit	€ 185,361 Retained profit 2022: € 185,361 First fiscal year in the series	€ 156,155 Retained profit 2023: € 156,155 ▼ 16% vs 2022 (€ 185,361) Unfavourable step	€ 160,115 Retained profit 2024: € 160,115 ▲ 3% vs 2023 (€ 156,155) Favourable step	€ 207,560 Retained profit 2025: € 207,560 ▲ 30% vs 2024 (€ 160,115) Favourable step	▲ 30%
Dividend	€ 134,000 Dividend 2022: € 134,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 134,000) Unchanged	€ 160,000 Dividend 2024: € 160,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 160,000) Unchanged	▼ 100%
Bank debt	€ 812,128 Bank debt 2022: € 812,128 First fiscal year in the series	€ 818,003 Bank debt 2023: € 818,003 ▲ 1% vs 2022 (€ 812,128) Unfavourable step	€ 733,060 Bank debt 2024: € 733,060 ▼ 10% vs 2023 (€ 818,003) Favourable step	€ 1,823,850 Bank debt 2025: € 1,823,850 ▲ 149% vs 2024 (€ 733,060) Unfavourable step	▲ 149%
Balance sheet total	€ 1,960,718 Balance sheet total 2022: € 1,960,718 First fiscal year in the series	€ 1,818,259 Balance sheet total 2023: € 1,818,259 ▼ 7% vs 2022 (€ 1,960,718) Unchanged	€ 1,869,931 Balance sheet total 2024: € 1,869,931 ▲ 3% vs 2023 (€ 1,818,259) Unchanged	€ 3,776,975 Balance sheet total 2025: € 3,776,975 ▲ 102% vs 2024 (€ 1,869,931) Unchanged	▲ 102%
Employees (FTE)	5.2 Employees (FTE) 2022: 5.2 First fiscal year in the series	6.3 Employees (FTE) 2023: 6.3 ▲ 1.1 vs 2022 (5.2) Unchanged	8 Employees (FTE) 2024: 8 ▲ 1.7 vs 2023 (6.3) Unchanged	10.6 Employees (FTE) 2025: 10.6 ▲ 2.6 vs 2024 (8) Unchanged	▲ 2.6

Key figures of GALLENCO, 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 GALLENCO?

What happened at GALLENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 47,445 (▼ 71% vs 2024). filed late Source: NBB ↗
Oct 8, 1990 New establishment in Nieuwpoort. KBO
Sep 10, 1990 Start of the company according to the CBE. KBO

In short

From € 205,457 profit in 2022 to € 47,445 profit in 2025.

Paid € 3,721 in corporate taxes since 2022.

Best year ever: 2022, with € 205,457 profit.

On average € 115,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Ambachtstraat 6

8620 Nieuwpoort

2.049.723.529

Stationslaan 13

8620 Nieuwpoort

Active since 8 October 1990

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Galle Projects

€ -7,305 gross margin · 2025

Galle Invest same network

€ 249,602 gross margin · 2025

GROEP GALLE

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0441.616.650

VAT number

BE 0441.616.650

Registered office

Ambachtstraat 6, 8620 Nieuwpoort

Names & denominations

GALLENCO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 September 1990

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Installatie van isolatie

Isolatiewerkzaamheden

Bouwrijp maken van terreinen

Overige werkzaamheden in verband met de afwerking van gebouwen

Dakwerkzaamheden

Ontwikkeling van niet-residentiële bouwprojecten

Algemene bouw van andere niet-residentiële gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

View on CBE Public ↗ Annual accounts (NBB) ↗