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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Galgeberg from Hasselt, company number BE0677440080, closed financial year 2024 with a result of € -33,181 after tax. For that financial year Galgeberg recorded a gross margin of € 48,017 and equity of € -95,417. Compared with financial year 2023, the result moved from € -37,022 to € -33,181. 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 August 25, 2025.
€ -95,417
▼ € 33,181 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,181
▲ 10 % less loss than in 2023
Profit after tax over the fiscal year.
€ 9,541
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -114,017.
Debts at end 2024
€ 1.1 million
▼ 3% vs 2023
€ 536,108 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 34
▼ 96% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,127
▼ 6% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 47,636 | € 39,271 | € 39,959 | € 48,017 | ▲ 20% |
| Profit after taxes | € 14,188 | € 1,196 | € -37,022 | € -33,181 | ▲ € 3,841 |
| Equity | € -26,409 | € -25,214 | € -62,236 | € -95,417 | ▼ € 33,181 |
| Total debts | € 1,276,874 | € 1,705,100 | € 1,718,902 | € 1,749,234 | ▲ 2% |
| Cash | € 11,560 | € 0 | - | € 9,541 | |
| Land & buildings | € 919,580 | € 899,580 | € 879,580 | € 859,580 | ▼ 2% |
| Retained profit | € -45,009 | € -43,814 | € -80,836 | € -114,017 | ▼ € 33,181 |
| Bank debt | € 1,216,338 | € 1,174,160 | € 1,140,374 | € 1,104,299 | ▼ 3% |
| Balance sheet total | € 1,250,465 | € 1,679,886 | € 1,656,666 | € 1,653,817 |
Key figures of Galgeberg, 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 31 July 2026.
What happened to Galgeberg?
What happened at Galgeberg in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 33,181. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,188 profit in 2021 to € 33,181 loss in 2024.
Best year ever: 2021, with € 14,188 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Lloyden Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GalgebergBehind Galgeberg is Raf Peymen. The shares are held by Lloyden Real Estate (5%). It owns 100% of Lloyden Invest and 100% of Confido Woonprojecten itself.
Directors
According to the 2024 annual accounts
Raf Peymen
Director
Also active at: Confido, Confido Woonprojecten, Lloyden Invest, Lloyden Real Estate
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Galgebergstraat 72
3511 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0677.440.080
- VAT number
- BE 0677.440.080
- Registered office
- Galgebergstraat 72, 3511 Hasselt
- Names & denominations
- Galgeberg
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2017
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen