Financials
Financial year 2025
GALERIJ BALCAEN from Zwalm, company number BE0471368926, closed financial year 2025 with a result of € 24,068 after tax. For that financial year GALERIJ BALCAEN recorded a gross margin of € 90,757 and equity of € 423,510. Compared with financial year 2024, the result moved from € 16,616 to € 24,068. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 423,510
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,068
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 43
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 34,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 48,287
▲ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 33,328
▲ 19% vs 2024
€ 4,745 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 26,940
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,602
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,251 | € 89,290 | € 78,421 | € 90,757 | ▲ 16% |
| Profit after taxes | € 9,761 | € 28,032 | € 16,616 | € 24,068 | ▲ 45% |
| Equity | € 417,795 | € 428,827 | € 433,443 | € 423,510 | ▼ 2% |
| Total debts | € 174,606 | € 165,501 | € 128,484 | € 151,241 | ▲ 18% |
| Cash | € 1,772 | € 1,906 | € 130 | € 43 | ▼ 67% |
| Land & buildings | € 432,382 | € 431,334 | € 430,285 | € 460,211 | ▲ 7% |
| Retained profit | € 66,683 | € 77,715 | € 82,331 | € 72,398 | ▼ 12% |
| Dividend | € 0 | € 17,000 | € 12,000 | € 34,000 | ▲ 183% |
| Bank debt | € 103,575 | € 64,854 | € 27,918 | € 33,328 | ▲ 19% |
| Balance sheet total | € 592,401 | € 594,328 | € 561,927 | € 574,751 | ▲ 2% |
Key figures of GALERIJ BALCAEN, 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 GALERIJ BALCAEN?
What happened at GALERIJ BALCAEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,068 (▲ 45% vs 2024). filed late Source: NBB ↗
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,761 profit in 2022 to € 24,068 profit in 2025.
Paid € 15,573 in corporate taxes since 2022.
Best year ever: 2023, with € 28,032 profit.
Paid out € 63,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Hoogstraat(Ned) 30
9636 Zwalm
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0471.368.926
- VAT number
- BE 0471.368.926
- Registered office
- Hoogstraat(Ned) 30, 9636 Zwalm
- Names & denominations
- GALERIJ BALCAEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2000
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
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Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels