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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GAFACO from Wielsbeke, company number BE0453901008, closed financial year 2025 with a result of € -20,059 after tax. For that financial year GAFACO recorded a gross margin of € 19,543 and equity of € -72,259. Compared with financial year 2024, the result moved from € -12,280 to € -20,059. 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 October 24, 2025.
€ -72,259
▼ € 20,059 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,059
▼ 63 % more loss than in 2024
Profit after tax over the fiscal year.
€ 16,660
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -152,160.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,678
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,003
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,566 | € 18,284 | € 27,340 | € 19,543 | ▼ 29% |
| Profit after taxes | € -19,852 | € -20,255 | € -12,280 | € -20,059 | ▼ € 7,779 |
| Equity | € -19,665 | € -39,921 | € -52,200 | € -72,259 | ▼ € 20,059 |
| Total debts | € 531,635 | € 541,259 | € 543,144 | € 561,623 | ▲ 3% |
| Cash | € 20,481 | € 17,006 | € 10,465 | € 16,660 | ▲ 59% |
| Land & buildings | € 489,902 | € 482,918 | € 475,933 | € 468,949 | ▼ 1% |
| Retained profit | € -99,566 | € -119,821 | € -132,101 | € -152,160 | ▼ € 20,059 |
| Balance sheet total | € 511,969 | € 501,338 | € 490,944 | € 489,364 |
Key figures of GAFACO, 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 October 2026.
What happened to GAFACO?
What happened at GAFACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,059. Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,852 loss in 2022 to € 20,059 loss in 2025.
Paid € 5 in corporate taxes since 2022.
Management
Behind GAFACO are Kristof Galle and Fanny Galle. Kristof Galle is also behind CULINAIRE SLAGERIJ KRISTOF EN ISABEL. Fanny Galle is also behind VANABO, Van Hulle Vastgoed and FASTIMMO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Sparrestraat 7A
8710 Wielsbeke
Ridder de Ghellinckstraat 53
8710 Wielsbeke
Active since 16 January 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.901.008
- VAT number
- BE 0453.901.008
- Registered office
- Sparrestraat 7A, 8710 Wielsbeke
- Names & denominations
- GAFACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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