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 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
GALAN SWIM from Waremme, company number BE0742956355, closed financial year 2022 with a result of € -61,129 after tax. For that financial year GALAN SWIM recorded a gross margin of € 160,710 and equity of € -17,781. Compared with financial year 2021, the result moved from € 20,802 to € -61,129. 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 30, 2023.
€ -17,781
▼ € 61,129 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,129
▼ still € 20,802 profit in 2021
Profit after tax over the fiscal year.
€ 3,424
▼ 87% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -21,781.
People and assets in 2022
€ 205,618
▲ 11% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,672
▼ 22% vs 2021
Of which on lease € 16,187.
Debts at end 2022
€ 341,281
▲ 55% vs 2021
€ 4,664 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 137,959
▲ 86% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 57,271
▼ 2% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 220,103 | € 160,710 | ▼ 27% |
| Profit after taxes | € 20,802 | € -61,129 | ▼ € 81,931 |
| Equity | € 43,349 | € -17,781 | ▼ € 61,129 |
| Total debts | € 561,567 | € 857,357 | ▲ 53% |
| Cash | € 25,949 | € 3,424 | ▼ 87% |
| Retained profit | € 39,349 | € -21,781 | ▼ € 61,129 |
| Bank debt | € 220,782 | € 341,281 | ▲ 55% |
| Balance sheet total | € 604,915 | € 839,576 | ▲ 39% |
Key figures of GALAN SWIM, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to GALAN SWIM?
What happened at GALAN SWIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GALAN SWIM is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 61,129 (▼ € 81,931 vs 2021). filed late Source: NBB ↗
- New establishment in Waremme. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,802 profit in 2021 to € 61,129 loss in 2022.
Paid € 3,627 in corporate taxes since 2021.
Best year ever: 2021, with € 20,802 profit.
Management
Behind GALAN SWIM are Patrick Ainseur, Levent Aslan and Sébastien Grosjean. Patrick Ainseur is also behind GALAN FOOD & BEVERAGE. Levent Aslan is also behind CLEA CONCEPT. Sébastien Grosjean is also behind SELENA CONSULT.
Directors
According to the 2022 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Petits Gravelots 15
4300 Waremme
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
- 0742.956.355
- VAT number
- BE 0742.956.355
- Registered office
- Rue des Petits Gravelots 15, 4300 Waremme
- Names & denominations
- GALAN SWIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 5 February 2020
- Peppol
- Not registered
- Contact
- galanbox.com [email protected]
- Activities · NACE
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