Financials
Financial year 2025
FORREZ - GALLE from Ardooie, company number BE0449065557, closed financial year 2025 with a result of € 90,452 after tax. For that financial year FORREZ - GALLE recorded a gross margin of € 764,208 and equity of € 747,139. Compared with financial year 2024, the result moved from € 51,557 to € 90,452. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 747,139
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,452
▲ 75% vs 2024
Profit after tax over the fiscal year.
€ 112,297
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,115 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.8
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 397,509
▼ 10% vs 2024
€ 51,000 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.
€ 655,870
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 264,872
▲ 5% vs 2024
€ 126,119 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 21,127
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,977
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 591,749 | € 547,692 | € 702,739 | € 764,208 | ▲ 9% |
| Profit after taxes | € 127,938 | € 35,293 | € 51,557 | € 90,452 | ▲ 75% |
| Equity | € 692,368 | € 703,811 | € 716,802 | € 747,139 | ▲ 4% |
| Total debts | € 346,351 | € 300,749 | € 346,267 | € 396,582 | ▲ 15% |
| Cash | € 257,561 | € 194,282 | € 89,466 | € 112,297 | ▲ 26% |
| Land & buildings | - | € 9,812 | € 21,434 | € 17,804 | ▼ 17% |
| Retained profit | € 623,768 | € 637,211 | € 651,802 | € 682,139 | ▲ 5% |
| Dividend | € 8,064 | € 21,850 | € 36,966 | € 60,115 | ▲ 63% |
| Bank debt | € 260,519 | € 198,901 | € 251,761 | € 264,872 | ▲ 5% |
| Balance sheet total | € 1,038,719 | € 1,004,561 | € 1,063,069 | € 1,143,720 | ▲ 8% |
| Employees (FTE) | 8.7 | 7.8 | 8.9 | 7.8 | ▼ 1.1 |
Key figures of FORREZ - GALLE, 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 FORREZ - GALLE?
What happened at FORREZ - GALLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,452 (▲ 75% vs 2024). filed late Source: NBB ↗
- Bart FORREZ became a director. NBB
- Christelle GALLE became a director. NBB
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 127,938 profit in 2022 to € 90,452 profit in 2025.
Paid € 70,872 in corporate taxes since 2022.
Best year ever: 2022, with € 127,938 profit.
On average € 98,000 of value added per employee in 2025.
Management
Behind FORREZ - GALLE are Bart FORREZ and Christelle GALLE.
Directors
According to the 2025 annual accounts
Bart FORREZ
Managing director
since 2023
Christelle GALLE
Managing director
since 2023
Establishments
Establishment units
Physical locations of this company
Izegemsestraat 66
8850 Ardooie
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.065.557
- VAT number
- BE 0449.065.557
- Registered office
- Izegemsestraat 66, 8850 Ardooie
- Names & denominations
- FORREZ - GALLE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1992
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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