What does GALEX BELGE do?

GALEX BELGE is a commercial agency in Mechelen. Private Limited, started on 21 October 2009.

What is the address of GALEX BELGE?

The registered office of GALEX BELGE is located at Hanswijk de Bercht 36, 2800 Mechelen.

Is GALEX BELGE still active?

No. The CBE lists GALEX BELGE 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 GALEX BELGE registered on Peppol?

No, GALEX BELGE is currently not registered on the Peppol network.

What is the enterprise number of GALEX BELGE?

The enterprise number of GALEX BELGE is BE0819941394.

When was GALEX BELGE founded?

GALEX BELGE was founded on 21 October 2009.

Who are the directors of GALEX BELGE?

According to the 2023 annual accounts, the directors of GALEX BELGE are: Vatche Garabedian.

Is GALEX BELGE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 21 October 2009; 3 annual accounts filed, latest fiscal year 2023; 1 directors known from the annual account.

How much profit did GALEX BELGE make in 2023?

GALEX BELGE posted a profit after taxes of € 18,454 in financial year 2023.

What is the revenue of GALEX BELGE?

As a small company, GALEX BELGE is not required to publish revenue in its annual accounts. In financial year 2023, its added value was € 23,351.

GALEX BELGE (Private Limited) - Mechelen - BE0819941394

Dossier GALEX BELGE, printed on 31 October 2026 from databakkes.be/en/0819941394/galex-belge. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 3 of the last 3 fiscal years.
Tight liquidity NBB

Cash and receivables cover 24 % of short-term debt in 2023; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

GALEX BELGE from Mechelen, company number BE0819941394, closed financial year 2023 with a result of € 18,454 after tax. For that financial year GALEX BELGE recorded a gross margin of € 23,351 and equity of € -220,819. Compared with financial year 2022, the result moved from € -162,880 to € 18,454. Profitable, and profit is growing. 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 December 17, 2024.

What it is worth Caution

€ -220,819

▲ € 18,454 vs 2022

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

Profit Growing

€ 18,454

▲ still € 162,880 loss in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 2,934

▼ 75% vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € -239,369.

People and assets in 2023

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

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

Debts at end 2023

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 202,000

€ 30,000 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 1,310

▼ 96% vs 2022

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

Taxes

€ 905

▲ 101% vs 2022

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

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Gross margin	€ 7,547 Gross margin 2021: € 7,547 First fiscal year in the series	€ -158,455 Gross margin 2022: € -158,455 ▼ € 166,002 vs 2021 (€ 7,547) Unfavourable step	€ 23,351 Gross margin 2023: € 23,351 ▲ € 181,806 vs 2022 (€ -158,455) Favourable step	▲ € 181,806
Profit after taxes	€ 3,023 Profit after taxes 2021: € 3,023 First fiscal year in the series	€ -162,880 Profit after taxes 2022: € -162,880 ▼ € 165,903 vs 2021 (€ 3,023) Unfavourable step	€ 18,454 Profit after taxes 2023: € 18,454 ▲ € 181,334 vs 2022 (€ -162,880) Favourable step	▲ € 181,334
Equity	€ -76,393 Equity 2021: € -76,393 First fiscal year in the series	€ -239,273 Equity 2022: € -239,273 ▼ € 162,880 vs 2021 (€ -76,393) Unfavourable step	€ -220,819 Equity 2023: € -220,819 ▲ € 18,454 vs 2022 (€ -239,273) Favourable step	▲ € 18,454
Total debts	€ 474,443 Total debts 2021: € 474,443 First fiscal year in the series	€ 490,798 Total debts 2022: € 490,798 ▲ 3% vs 2021 (€ 474,443) Unfavourable step	€ 472,421 Total debts 2023: € 472,421 ▼ 4% vs 2022 (€ 490,798) Favourable step	▼ 4%
Cash	-	€ 11,578 Cash 2022: € 11,578 First fiscal year in the series	€ 2,934 Cash 2023: € 2,934 ▼ 75% vs 2022 (€ 11,578) Unfavourable step	▼ 75%
Retained profit	€ -94,943 Retained profit 2021: € -94,943 First fiscal year in the series	€ -257,823 Retained profit 2022: € -257,823 ▼ € 162,880 vs 2021 (€ -94,943) Unfavourable step	€ -239,369 Retained profit 2023: € -239,369 ▲ € 18,454 vs 2022 (€ -257,823) Favourable step	▲ € 18,454
Bank debt	€ 194,297 Bank debt 2021: € 194,297 First fiscal year in the series	€ 202,000 Bank debt 2022: € 202,000 ▲ 4% vs 2021 (€ 194,297) Unfavourable step	€ 202,000 Bank debt 2023: € 202,000 Unchanged (€ 202,000) Unchanged
Balance sheet total	€ 398,050 Balance sheet total 2021: € 398,050 First fiscal year in the series	€ 251,525 Balance sheet total 2022: € 251,525 ▼ 37% vs 2021 (€ 398,050) Unchanged	€ 251,602 Balance sheet total 2023: € 251,602 Unchanged (€ 251,525) Unchanged

Key figures of GALEX BELGE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to GALEX BELGE?

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

GALEX BELGE is active according to the CBE. Legal situation: Opening faillissement.

Dec 17, 2024 New annual accounts for financial year 2023: profit of € 18,454. filed late Source: NBB ↗
2009 Vatche Garabedian became a director. NBB
Oct 21, 2009 Start of the company according to the CBE. KBO

In short

From € 3,023 profit in 2021 to € 18,454 profit in 2023.

Paid € 905 in corporate taxes since 2021.

Best year ever: 2023, with € 18,454 profit.

Original PDFs at the National Bank ↗

Management

Vatche Garabedian

GALEX BELGE

DEKARO

GARCO

EURO PLAZA

Behind GALEX BELGE is Vatche Garabedian. Vatche Garabedian is also behind DEKARO, GARCO and EURO PLAZA.

Directors

According to the 2023 annual accounts

Vatche Garabedian

Director

Also active at: DEKARO, GARCO, EURO PLAZA

since 2009

Establishments

Establishment units

Physical locations of this company

Registered office

Hanswijk de Bercht 36

2800 Mechelen

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 →

GARCO same network

€ 18,248 gross margin · 2023

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

Details

Company number

0819.941.394

VAT number

BE 0819.941.394

Registered office

Hanswijk de Bercht 36, 2800 Mechelen

Names & denominations

GALEX BELGE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

21 October 2009

Peppol

Not registered

Activities · NACE

Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren

Detailhandel in tweedehandskleding

Detailhandel in andere huishoudelijke artikelen, neg

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

GALEX BELGE

Warning lights

Financials

What happened to GALEX BELGE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions