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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.4 to 7.9.
Financials
Financial year 2025
GALLOO TERTRE from Saint-Ghislain, company number BE0447769321, closed financial year 2025 with a result of € -316,434 after tax. For that financial year GALLOO TERTRE recorded revenue of € 5 million and equity of € 280,152. Compared with financial year 2024, the result moved from € -345,006 to € -316,434. The company made a loss. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 280,152
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -316,434
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 217,475
▲ € 171,647 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -52,025.
People and assets in 2025
7.9
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 337,716
▼ 7% vs 2024
€ 42,700 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.
€ 147,684
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 268,358
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.
€ 53,770
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,857,538 | € 6,782,267 | € 6,916,676 | € 4,993,437 | ▼ 28% |
| Profit after taxes | € 259,147 | € -317,665 | € -345,006 | € -316,434 | ▲ € 28,572 |
| Equity | € 1,259,257 | € 941,591 | € 596,586 | € 280,152 | ▼ 53% |
| Total debts | € 756,873 | € 855,924 | € 923,183 | € 1,389,115 | ▲ 50% |
| Cash | € 188,927 | € 210,132 | € 45,828 | € 217,475 | ▲ € 171,647 |
| Land & buildings | € 30,367 | € 30,103 | € 41,076 | € 27,330 | ▼ 33% |
| Retained profit | € 927,079 | € 609,414 | € 264,409 | € -52,025 | ▼ € 316,434 |
| Bank debt | € 2 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,016,129 | € 1,797,516 | € 1,529,827 | € 1,669,267 | ▲ 9% |
| Employees (FTE) | 7.7 | 9.4 | 8.9 | 7.9 | ▼ 1 |
Key figures of GALLOO TERTRE, 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 GALLOO TERTRE?
What happened at GALLOO TERTRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AXERIO BV stepped down as director. NBB
- ANTOINE VANDEPUTTE stepped down as director. NBB
- JAN VANDEPUTTE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 316,434. Source: NBB ↗
- AXERIO BV became a director. NBB
- ANTOINE VANDEPUTTE became a director. NBB
- JAN VANDEPUTTE became a director. NBB
- New establishment in Saint-Ghislain. KBO
In short
From € 259,147 profit in 2022 to € 316,434 loss in 2025.
Paid € 89,500 in corporate taxes since 2022.
Best year ever: 2022, with € 259,147 profit.
Pays suppliers within 20 days on average.
Management
The shares are held by GALLOO HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by DEBAERE RIK
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, E-CRANE WORLDWIDE, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
since 2024 · until 2029
ANTOINE VANDEPUTTE
Chairman of the board
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, SOVAGA, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
since 2023 · until 2029
JAN VANDEPUTTE
Managing director
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, SOVAGA, GALLOO LOGISTICS, The Fair Experts +2 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Hamaide(T) 75
7333 Saint-Ghislain
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
- 0447.769.321
- VAT number
- BE 0447.769.321
- Registered office
- Rue de la Hamaide(T) 75, 7333 Saint-Ghislain
- Names & denominations
- GALLOO TERTRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1992
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Goederenvervoer over de weg