Bankrupt · Opening faillissement (CBE)

GALA PRESTIGE

BE0553807444

Rechtspersoon Private limited company 2 establishments

GALA PRESTIGE is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 13 June 2014, 2 establishments.

Stalkruidlaan 119, 1020 Brussel

Behind the company: Gary DESMEDT.

Start date

13 June 2014

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

GALA PRESTIGE from Brussel, company number BE0553807444, closed financial year 2024 with a result of € -37,635 after tax. For that financial year GALA PRESTIGE recorded a gross margin of € -16,965 and equity of € -62,268. Compared with financial year 2023, the result moved from € -27,947 to € -37,635. 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 February 3, 2025.

What it is worth Caution

€ -62,268

▼ € 37,635 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -37,635

▼ 35 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 24

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -68,468.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 27,523

▼ 33% vs 2023

Of which on lease € 27,523.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 23,410

▼ 27% vs 2023

€ 9,457 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 17,834

▲ 18% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 32,581

▼ 17% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 16,996 € 17,055 € -16,965 ▼ € 34,020
Profit after taxes € -28,078 € -27,947 € -37,635 ▼ € 9,688
Equity € 3,314 € -24,633 € -62,268 ▼ € 37,635
Total debts € 127,922 € 113,693 € 132,032 ▲ 16%
Cash € 17 € 0 € 24
Retained profit € -2,886 € -30,833 € -68,468 ▼ € 37,635
Bank debt € 44,687 € 32,232 € 23,410 ▼ 27%
Balance sheet total € 131,236 € 89,060 € 69,763 ▼ 22%

Key figures of GALA PRESTIGE, fiscal years 2022 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 January 2026.

What happened to GALA PRESTIGE?

What happened at GALA PRESTIGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GALA PRESTIGE is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 37,635. filed late Source: NBB ↗
  • New establishment in Sint-Jans-Molenbeek. KBO
  • Gary DESMEDT became a director. NBB
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 28,078 loss in 2022 to € 37,635 loss in 2024.

Paid € 1,767 in corporate taxes since 2022.

Management

Gary DESMEDT
GALA PRESTIGE

Behind GALA PRESTIGE is Gary DESMEDT.

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Directors

According to the 2024 annual accounts

Gary DESMEDT

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Stalkruidlaan 119

1020 Brussel

2.324.365.765

Koorstraat 34

1080 Sint-Jans-Molenbeek

Active since 29 August 2019

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0553.807.444
VAT number
BE 0553.807.444
Registered office
Stalkruidlaan 119, 1020 Brussel
Names & denominations
GALA PRESTIGE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
13 June 2014
Peppol
Not registered
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige reiniging van gebouwen; industriële reiniging

Algemene reiniging van gebouwen

Frequently asked questions

What does GALA PRESTIGE do?
GALA PRESTIGE is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 13 June 2014, 2 establishments.
What is the address of GALA PRESTIGE?
The registered office of GALA PRESTIGE is located at Stalkruidlaan 119, 1020 Brussel.
Is GALA PRESTIGE still active?
No. The CBE lists GALA PRESTIGE with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is GALA PRESTIGE registered on Peppol?
No, GALA PRESTIGE is currently not registered on the Peppol network.
What is the enterprise number of GALA PRESTIGE?
The enterprise number of GALA PRESTIGE is BE0553807444.
When was GALA PRESTIGE founded?
GALA PRESTIGE was founded on 13 June 2014.