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 4 of the last 4 fiscal years.
Financials
Financial year 2025
GALERIES from Brussel, company number BE0842102926, closed financial year 2025 with a result of € 21,483 after tax. For that financial year GALERIES recorded a gross margin of € 461,465 and equity of € -99,330. Compared with financial year 2024, the result moved from € 43,310 to € 21,483. The company is profitable. 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 June 22, 2026.
€ -99,330
▲ € 21,483 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,483
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 195,031
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -349,330.
People and assets in 2025
9.8
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 444,667
▲ 7% vs 2024
€ 45,400 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.
€ 23,715
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,496
▼ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 497,986
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,671
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 388,784 | € 476,784 | € 489,584 | € 461,465 | ▼ 6% |
| Profit after taxes | € -25,536 | € 36,211 | € 43,310 | € 21,483 | ▼ 50% |
| Equity | € -188,732 | € -158,321 | € -120,812 | € -99,330 | ▲ € 21,483 |
| Total debts | € 571,579 | € 614,411 | € 619,551 | € 628,512 | ▲ 1% |
| Cash | € 40,986 | € 98,702 | € 148,524 | € 195,031 | ▲ 31% |
| Retained profit | € -450,334 | € -414,123 | € -370,813 | € -349,330 | ▲ € 21,483 |
| Bank debt | € 76,663 | € 56,672 | € 50,336 | € 39,496 | ▼ 22% |
| Balance sheet total | € 382,847 | € 456,089 | € 498,738 | € 529,183 | ▲ 6% |
| Employees (FTE) | 9.8 | 9.9 | 10.5 | 9.8 | ▼ 0.7 |
Key figures of GALERIES, 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 GALERIES?
What happened at GALERIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PHILIPPINE GROSJEAN stepped down as director. NBB
- HENRI DE GERLACHE DE GOMERY stepped down as director. NBB
- JOEL FRANKA stepped down as director. NBB
- LAURE D'OULTREMONT stepped down as director. NBB
- TROISIEME POLE SA stepped down as director. NBB
- QUENTIN BOGAERTS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 21,483 (▼ 50% vs 2024). Source: NBB ↗
- PHILIPPINE GROSJEAN became a director. NBB
In short
From € 25,536 loss in 2022 to € 21,483 profit in 2025.
Best year ever: 2024, with € 43,310 profit.
On average € 47,100 of value added per employee in 2025.
A new publication or filing at GALERIES? 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
The stake of SOCIETE DES GALERIES ROYALES SAINT-HUBERT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALERIESThe shares are held by SOCIETE DES GALERIES ROYALES SAINT-HUBERT (25%).
Directors
According to the 2025 annual accounts
PHILIPPINE GROSJEAN
Director
since 2026 · until 2029
HENRI DE GERLACHE DE GOMERY
Director
since 2026 · until 2029
JOEL FRANKA
Director
since 2026 · until 2029
LAURE D'OULTREMONT
Director
since 2026 · until 2029
Director · represented by STEVEN HEARN
since 2026 · until 2029
Director · represented by HENRI SIMONS
since 2023 · until 2026
since 2026 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koninginnegalerij 26
1000 Brussel
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.
Details
- Company number
- 0842.102.926
- VAT number
- BE 0842.102.926
- Registered office
- Koninginnegalerij 26, 1000 Brussel
- Names & denominations
- GALERIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2011
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
Vertoning van films
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)
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Ontwerpen van computerprogramma’s
Productie van bioscoopfilms
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Eetgelegenheden met volledige bediening
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