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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GALOTIN from Assesse, company number BE0501494354, closed financial year 2025 with a result of € 21,764 after tax. For that financial year GALOTIN recorded a gross margin of € 54,757 and equity of € 27,466. Compared with financial year 2024, the result moved from € 40,876 to € 21,764. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 27,466
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,764
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 3,071
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,700 paid out
100 % of the profit went to the shareholders, mostly to BACODO (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 200
▼ 93% 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.
€ 10,000
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 157,314
▼ 13% vs 2024
€ 18,128 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 10,021
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,935
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,615 | € 49,728 | € 85,950 | € 54,757 | ▼ 36% |
| Profit after taxes | € 10,957 | € 19,592 | € 40,876 | € 21,764 | ▼ 47% |
| Equity | € 15,685 | € 26,527 | € 27,402 | € 27,466 | |
| Total debts | € 244,849 | € 251,808 | € 270,506 | € 252,740 | ▼ 7% |
| Cash | € 3,644 | € 7,705 | € 6,691 | € 3,071 | ▼ 54% |
| Land & buildings | € 175,924 | € 168,263 | € 160,603 | € 152,935 | ▼ 5% |
| Retained profit | € -10,315 | € 527 | € 1,402 | € 1,466 | ▲ 5% |
| Dividend | € 0 | € 8,750 | € 40,000 | € 21,700 | ▼ 46% |
| Bank debt | € 222,350 | € 201,587 | € 180,095 | € 157,314 | ▼ 13% |
| Balance sheet total | € 260,534 | € 278,335 | € 297,909 | € 280,206 | ▼ 6% |
Key figures of GALOTIN, 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 GALOTIN?
What happened at GALOTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,764 (▼ 47% vs 2024). Source: NBB ↗
- New establishment in Assesse. KBO
- Jonathan Couvreur became a director. NBB
- Laurent Doyen became a director. NBB
- Maureen Doyen became a director. NBB
- Catherine Bastaits became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,957 profit in 2022 to € 21,764 profit in 2025.
Paid € 23,678 in corporate taxes since 2022.
Best year ever: 2024, with € 40,876 profit.
Paid out € 70,450 in dividends to the owners in total.
Management
The stake of BACODO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALOTINBehind GALOTIN are Jonathan Couvreur, Laurent Doyen, Maureen Doyen and Catherine Bastaits. The shares are held by BACODO (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée Nationale 4(Sart-B.) 19
5330 Assesse
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
- 0501.494.354
- VAT number
- BE 0501.494.354
- Registered office
- Chaussée Nationale 4(Sart-B.) 19, 5330 Assesse
- Names & denominations
- GALOTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2012
- Peppol
- Not registered
- Contact
- [email protected] +32494836210
- Activities · NACE
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