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 2023 and 2024.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
GALVAN from Harelbeke, company number BE0466611372, closed financial year 2024 with a result of € -157,436 after tax. For that financial year GALVAN recorded a gross margin of € -156,113 and equity of € -701,307. Compared with financial year 2023, the result moved from € -165 to € -157,436. 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 May 16, 2025.
€ -701,307
▼ € 157,436 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -157,436
▼ 95455 % more loss than in 2023
Profit after tax over the fiscal year.
€ 14,690
▲ € 14,522 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2024
€ 48,256
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 50,279
▲ € 48,682 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,062
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 16,875 | € -12,262 | € 321 | € -156,113 | ▼ € 156,434 |
| Profit after taxes | € 8,598 | € -15,426 | € -165 | € -157,436 | ▼ € 157,271 |
| Equity | € -528,280 | € -543,706 | € -543,871 | € -701,307 | ▼ € 157,436 |
| Total debts | € 549,548 | € 547,810 | € 546,606 | € 2,805,227 | ▲ € 2.3 million |
| Cash | € 11,782 | € 272 | € 168 | € 14,690 | ▲ € 14,522 |
| Retained profit | € -996,280 | € -1,011,706 | € -1,011,871 | € -1,169,307 | ▼ € 157,436 |
| Balance sheet total | € 21,268 | € 4,105 | € 2,736 | € 2,103,920 | ▲ € 2.1 million |
Key figures of GALVAN, 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 30 April 2026.
What happened to GALVAN?
What happened at GALVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 157,436. filed late Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,598 profit in 2021 to € 157,436 loss in 2024.
Paid € 6,031 in corporate taxes since 2021.
Best year ever: 2021, with € 8,598 profit.
Management
Behind GALVAN is Tom Cloet. It owns 100% of Green Flag, 100% of Brutoba Trading, 100% of Cévg Ground, 100% of Cévg Construct, 100% of Pallas Campus and 100% of Cévg Invest itself.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Stedestraat 51
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →STORAGE AND OFFICES NV
€ 473,412 gross margin · 2025
Inter - Advies
€ 207,625 gross margin · 2025
ARCELIS
€ 5,790 gross margin · 2025
Cévg Invest same network
€ 5,122 gross margin · 2025
STEENBEHEER
€ 159,064 gross margin · 2025
+32 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.611.372
- VAT number
- BE 0466.611.372
- Registered office
- Stedestraat 51, 8530 Harelbeke
- Names & denominations
- GALVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 1999
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
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