Financials
Financial year 2025
GALCYON from Knokke-Heist, company number BE0829660103, closed financial year 2025 with a result of € 21,659 after tax. For that financial year GALCYON recorded a gross margin of € 71,010 and equity of € 163,601. Compared with financial year 2024, the result moved from € 16,488 to € 21,659. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 163,601
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,659
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 3,020
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 330 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 498
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 283,740
▼ 5% vs 2024
Of which on lease € 250,856.
Debts at end 2025
€ 1.2 million
▼ 23% vs 2024
€ 159,055 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5,064
▲ 266% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,380
▲ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,610 | € 48,621 | € 43,332 | € 71,010 | ▲ 64% |
| Profit after taxes | € 506 | € 31,719 | € 16,488 | € 21,659 | ▲ 31% |
| Equity | € 94,065 | € 125,785 | € 142,272 | € 163,601 | ▲ 15% |
| Total debts | € 1,089,565 | € 1,140,215 | € 1,688,461 | € 1,289,025 | ▼ 24% |
| Cash | € 6,007 | € 8,336 | € 46,234 | € 3,020 | ▼ 93% |
| Land & buildings | - | € 30,551 | € 30,551 | € 29,023 | ▼ 5% |
| Retained profit | € 44,065 | € 75,785 | € 92,272 | € 113,601 | ▲ 23% |
| Dividend | € 0 | € 0 | € 0 | € 330 | |
| Bank debt | € 586,218 | € 546,380 | € 1,579,345 | € 1,213,269 | ▼ 23% |
| Balance sheet total | € 1,183,631 | € 1,265,999 | € 1,830,733 | € 1,452,626 | ▼ 21% |
Key figures of GALCYON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GALCYON?
What happened at GALCYON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,659 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 506 profit in 2022 to € 21,659 profit in 2025.
Paid € 19,703 in corporate taxes since 2022.
Best year ever: 2023, with € 31,719 profit.
Paid out € 330 in dividends to the owners in total.
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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
Establishments
Establishment units
Physical locations of this company
Kragenheule 2
8300 Knokke-Heist
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
- 0829.660.103
- VAT number
- BE 0829.660.103
- Registered office
- Kragenheule 2, 8300 Knokke-Heist
- Names & denominations
- GALCYON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2010
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten van holdings
Holdings