Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 24.4 to 20.8.
Financials
Financial year 2025
GALLOO LOGISTICS from Menen, company number BE0459706061, closed financial year 2025 with a result of € 190,333 after tax. For that financial year GALLOO LOGISTICS recorded revenue of € 4.9 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 786,919 to € 190,333. The company is profitable. 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 June 15, 2026.
€ 1.6 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 190,333
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 95,509
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1 million.
People and assets in 2025
20.8
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 2% vs 2024
€ 74,900 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.
€ 2.5 million
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 197,622
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 180,566
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,164,723 | € 4,965,557 | € 4,849,270 | € 4,926,932 | ▲ 2% |
| Profit after taxes | € -630 | € -221,138 | € 786,919 | € 190,333 | ▼ 76% |
| Equity | € 814,330 | € 593,193 | € 1,380,112 | € 1,570,445 | ▲ 14% |
| Total debts | € 4,543,220 | € 4,401,175 | € 2,622,829 | € 2,378,277 | ▼ 9% |
| Cash | € 78,186 | € 22,805 | € 72,499 | € 95,509 | ▲ 32% |
| Land & buildings | € 779,930 | € 749,555 | € 0 | - | |
| Retained profit | € 256,330 | € 35,193 | € 822,112 | € 1,012,445 | ▲ 23% |
| Bank debt | € 405,785 | € 3,238,080 | € 2,095,220 | € 2,000,000 | ▼ 5% |
| Balance sheet total | € 5,357,551 | € 4,994,368 | € 4,003,257 | € 3,948,722 | ▼ 1% |
| Employees (FTE) | 23.6 | 24.4 | 23.6 | 20.8 | ▼ 2.8 |
Key figures of GALLOO LOGISTICS, 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 LOGISTICS?
What happened at GALLOO LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 190,333 (▼ 76% vs 2024). Source: NBB ↗
- AXERIO BV stepped down as director. NBB
- ANTOINE VANDEPUTTE stepped down as director. NBB
- JAN VANDEPUTTE stepped down as director. NBB
- AXERIO BV became a director. NBB
- ANTOINE VANDEPUTTE became a director. NBB
- JAN VANDEPUTTE became a director. NBB
- New establishment in Menen. KBO
In short
From € 630 loss in 2022 to € 190,333 profit in 2025.
Paid € 223,950 in corporate taxes since 2022.
Best year ever: 2024, with € 786,919 profit.
Pays suppliers within 29 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 TERTRE, ADVANCED DESIGN OF RECYCLING MACHINES
since 2024 · until 2026
ANTOINE VANDEPUTTE
Chairman of the board
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, SOVAGA, ADVANCED DESIGN OF RECYCLING MACHINES
since 2020 · until 2026
JAN VANDEPUTTE
Managing director
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, SOVAGA, The Fair Experts +2 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wervikstraat 320
8930 Menen
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
- 0459.706.061
- VAT number
- BE 0459.706.061
- Registered office
- Wervikstraat 320, 8930 Menen
- Names & denominations
- GALLOO LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1997
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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