Financials
Financial year 2024
GALLENCO from Nieuwpoort, company number BE0441616650, closed financial year 2024 with a result of € 163,960 after tax. For that financial year GALLENCO recorded a gross margin of € 1.1 million and equity of € 178,707. Compared with financial year 2023, the result moved from € -29,207 to € 163,960. Profitable, and profit is growing. 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 May 7, 2025.
€ 178,707
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,960
▲ still € 29,207 loss in 2023
Profit after tax over the fiscal year.
€ 70,905
▼ 27% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 160,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
8
▲ 1.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 626,982
▲ 43% vs 2023
€ 78,400 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.
€ 481,743
▲ 15% vs 2023
Of which on lease € 238,394.
Debts at end 2024
€ 733,060
▼ 10% vs 2023
€ 258,872 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 342,370
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 32,268
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 661,625 | € 685,641 | € 654,343 | € 1,056,437 | ▲ 61% |
| Profit after taxes | € 225,586 | € 205,457 | € -29,207 | € 163,960 | ▲ € 193,167 |
| Equity | € 132,496 | € 203,953 | € 174,747 | € 178,707 | ▲ 2% |
| Total debts | € 869,420 | € 1,756,764 | € 1,643,512 | € 1,691,224 | ▲ 3% |
| Cash | € 59,542 | € 43,711 | € 96,559 | € 70,905 | ▼ 27% |
| Retained profit | € 113,904 | € 185,361 | € 156,155 | € 160,115 | ▲ 3% |
| Dividend | € 225,000 | € 134,000 | € 0 | € 160,000 | |
| Bank debt | € 252,803 | € 812,128 | € 818,003 | € 733,060 | ▼ 10% |
| Balance sheet total | € 1,001,916 | € 1,960,718 | € 1,818,259 | € 1,869,931 | ▲ 3% |
| Employees (FTE) | 5.5 | 5.2 | 6.3 | 8 | ▲ 1.7 |
Key figures of GALLENCO, 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 GALLENCO?
What happened at GALLENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 163,960. Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 225,586 profit in 2021 to € 163,960 profit in 2024.
Paid € 11,767 in corporate taxes since 2021.
Best year ever: 2021, with € 225,586 profit.
On average € 132,100 of value added per employee in 2024.
A new publication or filing at GALLENCO? We notify you, reason included.
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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 GALLENCO is Galle Invest. Galle Invest is also behind Galle Projects.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Ambachtstraat 6
8620 Nieuwpoort
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 →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
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