ACTIVE

GALMERA

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Financial year 2025 · closed on 31/12/2025

Net result

96,5 k €

+3.6% YoY

Gross margin

420,2 k €

+8.4% YoY

Equity

1,1 M €

+9.7% YoY

What does GALMERA do?

GALMERA is a Public limited company incorporated in 1974. Its registered office is in Boortmeerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.367.667

Incorporation

27/12/1974

Legal form

Public limited company

Registered office

Leuvensesteenweg 364-366
3190 Boortmeerbeek · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	420,2 k €	+8.4%	387,8 k €	+8.5%	357,4 k €	+14.5%	312 k €	-11.5%	352,5 k €	+10.6%	318,7 k €	+1.5%	313,9 k €	+16.4%	269,7 k €	+5.0%	257 k €	+8.9%	235,9 k €	+0.7%	234,3 k €	-19.0%	289,2 k €	-13.7%	335,2 k €	+3.5%	323,8 k €	+6.1%	305,1 k €	+8.4%	281,5 k €	-0.8%	283,6 k €	+16.3%	243,9 k €	+6.9%	228,2 k €	-3.0%	235,2 k €
EBITDA	189,3 k €	+4.7%	180,7 k €	+15.3%	156,7 k €	+38.1%	113,5 k €	-2.7%	116,7 k €	+31.3%	88,9 k €	-4.6%	93,2 k €	+13.5%	82,1 k €	+2.8%	79,9 k €	+38.7%	57,6 k €	+29.6%	44,4 k €	-20.0%	55,6 k €	-32.1%	81,9 k €	+23.2%	66,4 k €	-5.4%	70,3 k €	+15.4%	60,9 k €	-9.4%	67,2 k €	+50.2%	44,7 k €	-4.6%	46,9 k €	-11.7%	53,1 k €
Operating result	169 k €	+5.3%	160,5 k €	+17.6%	136,5 k €	+46.3%	93,3 k €	-3.3%	96,5 k €	+40.5%	68,7 k €	-4.4%	71,8 k €	+15.0%	62,4 k €	+16.8%	53,5 k €	+81.3%	29,5 k €	+80.7%	16,3 k €	-44.1%	29,2 k €	-47.4%	55,5 k €	+38.4%	40,1 k €	-8.7%	43,9 k €	-17.1%	53 k €	-12.2%	60,4 k €	+161%	23,1 k €	-8.2%	25,2 k €	-19.8%	31,4 k €
Net result	96,5 k €	+3.6%	93,2 k €	-4.0%	97,1 k €	+46.3%	66,4 k €	-2.1%	67,8 k €	+45.5%	46,6 k €	+2.1%	45,7 k €	-0.7%	46 k €	+18.7%	38,7 k €	+109%	18,6 k €	+46.2%	12,7 k €	-40.2%	21,2 k €	-43.9%	37,9 k €	+44.8%	26,2 k €	-18.2%	32 k €	-18.0%	39 k €	-10.0%	43,3 k €	+145%	17,7 k €	+2.7%	17,2 k €	-14.2%	20,1 k €
Balance sheet
Equity	1,1 M €	+9.7%	994,5 k €	+10.3%	901,3 k €	+12.1%	804,2 k €	+9.0%	737,8 k €	+10.1%	670 k €	+7.5%	623,4 k €	+7.9%	577,7 k €	+8.7%	531,7 k €	+7.9%	493 k €	+3.9%	474,4 k €	+2.8%	461,7 k €	+4.8%	440,5 k €	+9.4%	402,6 k €	+6.9%	376,4 k €	+9.3%	344,5 k €	+12.8%	305,4 k €	+16.5%	262,1 k €	+7.2%	244,4 k €	+7.6%	227,1 k €
Total assets	1,6 M €	+2.9%	1,5 M €	+2.8%	1,5 M €	+1.5%	1,5 M €	-0.9%	1,5 M €	-1.0%	1,5 M €	-2.7%	1,5 M €	+57.5%	981,8 k €	+3.6%	947,6 k €	+1.3%	935,8 k €	-4.2%	976,3 k €	-2.7%	1 M €	-3.1%	1 M €	-1.3%	1 M €	-2.6%	1,1 M €	+39.6%	771,7 k €	+4.9%	735,9 k €	+6.7%	689,7 k €	-4.5%	722,2 k €	+3.6%	697,3 k €
Cash	25,5 k €	-47.3%	48,5 k €	+107%	23,4 k €	-41.1%	39,7 k €	-37.4%	63,4 k €	+16.5%	54,4 k €	-8.5%	59,5 k €	+526%	9,5 k €	-80.4%	48,5 k €	+438%	9 k €	-46.3%	16,8 k €	+90.9%	8,8 k €	-72.4%	31,9 k €	-23.2%	41,5 k €	+39.7%	29,7 k €	-74.5%	116,6 k €	+59.4%	73,1 k €	+635%	9,9 k €	+1025%	884 €	-19.3%	1,1 k €
Debts	493,3 k €	-9.5%	545 k €	-8.6%	596,4 k €	-11.2%	671,3 k €	-10.7%	751,4 k €	-9.9%	834,1 k €	-9.6%	922,6 k €	+128%	404,1 k €	-2.8%	415,9 k €	-6.1%	442,8 k €	-11.8%	501,9 k €	-7.3%	541,3 k €	-9.0%	594,8 k €	-8.0%	646,3 k €	-7.8%	700,8 k €	+64.0%	427,2 k €	-0.7%	430,4 k €	+0.7%	427,6 k €	-8.0%	464,9 k €	-1.1%	470,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		5,3 ETP	-27.4%	7,3 ETP	-6.4%	7,8 ETP	-3.7%	8,1 ETP	-4.7%	8,5 ETP	-3.4%	8,8 ETP	0.0%	8,8 ETP	+10.0%	8,0 ETP	+29.0%	6,2 ETP	+3.3%	6,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Jos GALOPPIN

Managing director

Active

Marc GALOPPIN

Managing director

Active

Ended mandates

Edmond GALOPPIN

Managing director

Ended

Jos GALOPPIN

Director

Ended

Marc GALOPPIN

Director

Ended

At this address

Other companies at this address

Company	CBE no.
GALOPPIN PAPIER● Active	0414.351.831

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	25/08/2025	07/08/2024	28/08/2023	17/08/2022	01/07/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	02/06/2026	31/07/2026	Dutch	PDF
Micro model	31/12/2024	03/06/2025	25/08/2025	Dutch	PDF
Micro model	31/12/2023	04/06/2024	07/08/2024	Dutch	PDF
Micro model	31/12/2022	06/06/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	17/08/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	27/07/2020	Dutch	PDF
Micro model	31/12/2018	04/06/2019	03/07/2019	Dutch	PDF
Micro model	31/12/2017	05/06/2018	02/08/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	08/08/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	14/08/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	02/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Jos GALOPPIN

Managing director

Active

Marc GALOPPIN

Managing director

Active

Ended mandates

Edmond GALOPPIN

Managing director

Ended

Jos GALOPPIN

Director

Ended

Marc GALOPPIN

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/10/2013
KAPITAAL - AANDELEN
PDF
Mandates06/10/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/04/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202596,5 k €↑
2024
Annual accounts 202493,2 k €↓
2023
Annual accounts 202397,1 k €↑
2022
Annual accounts 202266,4 k €↓
2021
Annual accounts 202167,8 k €↑
2020
Annual accounts 202046,6 k €↑
2019
Annual accounts 201945,7 k €↓
2018
Annual accounts 201846 k €↑
2017
Annual accounts 201738,7 k €↑
2016
Annual accounts 201618,6 k €↑
2015
Annual accounts 201512,7 k €↓
2014
Annual accounts 201421,2 k €↓
2013
Annual accounts 201337,9 k €↑
2012
Annual accounts 201226,2 k €↓
2011
Annual accounts 201132 k €↓
2010
Annual accounts 201039 k €↓
2009
Annual accounts 200943,3 k €↑
2008
Annual accounts 200817,7 k €↑
2007
Annual accounts 200717,2 k €↓
2006
Annual accounts 200620,1 k €
27/12/1974
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GALMERA

Overview

What does GALMERA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline