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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
GALERIE ALBERT from Lummen, company number BE0818814612, closed financial year 2024 with a result of € -352,342 after tax. For that financial year GALERIE ALBERT recorded a gross margin of € 48,456 and equity of € 1.5 million. Compared with financial year 2023, the result moved from € -309,048 to € -352,342. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2025.
€ 1.5 million
▼ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -352,342
▼ 14 % more loss than in 2023
Profit after tax over the fiscal year.
€ 348
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
Debts at end 2024
€ 3.2 million
▼ 1% vs 2023
Loans from banks and other lenders, long and short.
€ 25,450
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 91,079 | € 68,280 | € 75,252 | € 48,456 | ▼ 36% |
| Profit after taxes | € -265,330 | € -220,693 | € -309,048 | € -352,342 | ▼ € 43,294 |
| Equity | € 2,344,126 | € 2,123,433 | € 1,814,385 | € 1,462,043 | ▼ 19% |
| Total debts | € 3,909,905 | € 3,800,053 | € 3,864,785 | € 3,969,060 | ▲ 3% |
| Cash | € 118,857 | € 22,236 | € 11,376 | € 348 | ▼ 97% |
| Land & buildings | € 6,133,157 | € 5,897,933 | € 5,662,709 | € 5,427,485 | ▼ 4% |
| Retained profit | € -1,000,874 | € -1,221,567 | € -1,530,615 | € -1,882,957 | ▼ € 352,342 |
| Bank debt | € 3,412,560 | € 3,329,232 | € 3,245,904 | € 3,199,162 | ▼ 1% |
| Balance sheet total | € 6,254,031 | € 5,923,486 | € 5,679,170 | € 5,431,102 | ▼ 4% |
Key figures of GALERIE ALBERT, 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 GALERIE ALBERT?
What happened at GALERIE ALBERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GALERIE ALBERT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 352,342. filed late Source: NBB ↗
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 265,330 loss in 2021 to € 352,342 loss in 2024.
Paid € 0 in corporate taxes since 2021.
A new publication or filing at GALERIE ALBERT? We notify you, reason included.
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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
Behind GALERIE ALBERT is Eric Gabriëls. Eric Gabriëls is also behind IMMO GABRIËLS and EURELECTRO.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Europaweg 25 box 2
3560 Lummen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0818.814.612
- VAT number
- BE 0818.814.612
- Registered office
- Europaweg 25 bus 2, 3560 Lummen
- Names & denominations
- GALERIE ALBERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 September 2009
- Peppol
- Not registered
- Contact
- eurelectro.be