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 2 of the last 4 fiscal years.
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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 24 % 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
GALLER BOUTIQUES from Herstal, company number BE0838913606, closed financial year 2024 with a result of € -716,199 after tax. For that financial year GALLER BOUTIQUES recorded revenue of € 2.6 million and equity of € -317,031. Compared with financial year 2023, the result moved from € -577,861 to € -716,199. 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 July 3, 2025.
€ -317,031
▲ € 83,801 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -716,199
▼ 24 % more loss than in 2023
Profit after tax over the fiscal year.
€ 177,984
▲ 55% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.2 million.
People and assets in 2024
18.4
▲ 1.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 833,870
▲ 19% vs 2023
€ 45,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 622
▼ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 699,707
▼ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 154,008
▲ 22% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,339,928 | € 1,702,635 | € 2,218,481 | € 2,565,567 | ▲ 16% |
| Gross margin | € 112,391 | € 104,851 | € 180,180 | € 209,343 | ▲ 16% |
| Profit after taxes | € -371,234 | € -509,736 | € -577,861 | € -716,199 | ▼ € 138,338 |
| Equity | € 686,765 | € 177,029 | € -400,832 | € -317,031 | ▲ € 83,801 |
| Total debts | € 132,541 | € 381,411 | € 854,291 | € 854,215 | |
| Cash | € 689,473 | € 396,176 | € 115,106 | € 177,984 | ▲ 55% |
| Land & buildings | € 546 | € 5,341 | € 101,687 | € 167,904 | ▲ 65% |
| Retained profit | € -371,234 | € -880,970 | € -1,458,831 | € -2,175,030 | ▼ € 716,199 |
| Balance sheet total | € 819,306 | € 558,440 | € 453,459 | € 537,184 | ▲ 18% |
| Employees (FTE) | 12.1 | 12.3 | 16.8 | 18.4 | ▲ 1.6 |
Key figures of GALLER BOUTIQUES, 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 GALLER BOUTIQUES?
What happened at GALLER BOUTIQUES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GALLER BOUTIQUES is active according to the CBE. Legal situation: Opening faillissement.
- GALLER HOLDING SA stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 716,199. Source: NBB ↗
- New establishment in Liège. KBO
- SALVATORE IANNELLO became a director. NBB
- GALLER HOLDING SA became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- New establishment in Liège. KBO
- New establishment in Herstal. KBO
In short
From € 371,234 loss in 2021 to € 716,199 loss in 2024.
Paid € 448 in corporate taxes since 2021.
On average € 11,400 of value added per employee in 2024.
A new publication or filing at GALLER BOUTIQUES? 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 GALLER BOUTIQUES is SALVATORE IANNELLO. The shares are held by GALLER HOLDING S.A. (97.7%) and GALLER FRANCHISING S.A. (2.3%).
Directors
According to the 2024 annual accounts
since 2020
Director · represented by JOSE JOAO DE GOUVEIA
Also active at: LA CHOCOLATERIE GALLER, GALLER FRANCHISING
since 2020 · until 2025
Shareholders
97.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue du Parc Industriel 213
4041 Herstal
Boterstraat 44
1000 Brussel
Active since 30 August 2011
Steenstraat 5
8000 Brugge
Active since 1 January 2012
Sint-Pietersvoorplein 6
1180 Ukkel
Active since 1 January 2012
Rue de l'Ange 17
5000 Namur
Active since 1 January 2012
Boulevard Raymond-Poincaré 7
4020 Liège
Active since 1 January 2013
Grand-Place 32
1348 Ottignies-Louvain-la-Neuve
Active since 1 June 2017
Vinâve d'Ile 1
4000 Liège
Active since 1 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0838.913.606
- VAT number
- BE 0838.913.606
- Registered office
- Avenue du Parc Industriel 213, 4041 Herstal
- Names & denominations
- GALLER BOUTIQUES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 31 August 2011
- Peppol
- Not registered
- Activities · NACE
Detailhandel in chocolade en suikerwerk
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Detailhandel in wijnen en geestrijke dranken
Overige vormen van onderwijs
Groothandel in suiker, chocolade en suikerwerk
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Eetgelegenheden met beperkte bediening