ACTIVE

GALLOO

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Financial year 2025 · closed on 31/12/2025

Net result

23,8 M €

+83.0% YoY

Revenue

513,9 M €

+5.4% YoY

Equity

183,4 M €

+1.7% YoY

Workforce

276,8 ETP

+4.9% YoY

What does GALLOO do?

GALLOO is a Public limited company incorporated in 1982. Its main activity is: Sewerage. Its registered office is in Menen. It employs on average 276,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.834.084

Incorporation

30/06/1982

Legal form

Public limited company

Registered office

Wervikstraat 320
8930 Menen · FlandreSee on map

Contributed capital

2 764 243,62 €

Latest accounts

31/12/2025

Average workforce

276,8 ETP

Activities (NACE)

37100Sewerage· main 38210Treatment and disposal of non-hazardous waste 38322Recovery of sorted materials

Joint committees (3)

14201
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	513,9 M €	+5.4%	487,7 M €	-1.0%	492,9 M €	-14.7%	578 M €	-2.5%	592,9 M €	+51.7%	390,8 M €	+2.4%	381,8 M €	-13.3%	440,4 M €	+0.7%	437,2 M €	+44.4%	302,7 M €	-3.2%	312,7 M €	-28.6%	438 M €	+3.5%	423,1 M €	+274%	113,1 M €	+19.1%	94,9 M €	+17.6%	80,7 M €	-2.4%	82,6 M €	+19.7%	69,1 M €	-8.1%	75,1 M €
EBITDA	46,6 M €	+54.6%	30,2 M €	-35.4%	46,7 M €	+10.8%	42,1 M €	-36.2%	66,1 M €	+85.1%	35,7 M €	+34.5%	26,5 M €	+39.8%	19 M €	-53.8%	41 M €	+75.5%	23,4 M €	+661%	3,1 M €	-76.9%	13,3 M €	-19.9%	16,6 M €	+74.2%	9,5 M €	-25.9%	12,9 M €	-15.0%	15,1 M €	+34.7%	11,2 M €	+46.1%	7,7 M €	-32.7%	11,4 M €
Operating result	32,8 M €	+145%	13,4 M €	-58.8%	32,5 M €	+20.8%	26,9 M €	-45.2%	49,1 M €	+186%	17,2 M €	+79.4%	9,6 M €	+20.1%	8 M €	-75.8%	32,8 M €	+118%	15,1 M €	+343%	-6,2 M €	-261%	3,8 M €	-37.4%	6,1 M €	+97.2%	3,1 M €	-62.4%	8,3 M €	-26.4%	11,3 M €	+152%	4,5 M €	-19.3%	5,5 M €	-41.9%	9,6 M €
Net result	23,8 M €	+83.0%	13 M €	-58.2%	31,1 M €	+103%	15,3 M €	-58.9%	37,3 M €	+240%	11 M €	+84.9%	5,9 M €	+62.4%	3,7 M €	-88.1%	30,7 M €	+155%	12 M €	+248%	-8,1 M €	-627%	1,5 M €	-38.5%	2,5 M €	-94.1%	42,8 M €	+645%	5,7 M €	-29.6%	8,2 M €	+79.4%	4,5 M €	-48.1%	8,8 M €	+29.3%	6,8 M €
Balance sheet
Equity	183,4 M €	+1.7%	180,4 M €	+7.4%	167,9 M €	+0.9%	166,4 M €	+10.0%	151,3 M €	+31.4%	115,2 M €	+9.7%	105 M €	+6.4%	98,6 M €	-27.1%	135,4 M €	+27.6%	106,1 M €	+12.8%	94,1 M €	-8.0%	102,3 M €	+0.9%	101,4 M €	+2.5%	98,9 M €	+84.9%	53,5 M €	+12.0%	47,8 M €	+20.3%	39,7 M €	+12.1%	35,4 M €	+34.6%	26,3 M €
Total assets	354,9 M €	+7.7%	329,6 M €	-2.0%	336,5 M €	-23.1%	437,8 M €	+10.6%	395,9 M €	+4.8%	377,7 M €	+6.1%	356 M €	+2.6%	347 M €	+27.9%	271,4 M €	+18.3%	229,3 M €	-1.2%	232,1 M €	-15.6%	275 M €	+5.3%	261,2 M €	+18.3%	220,8 M €	+201%	73,4 M €	+21.2%	60,5 M €	+22.4%	49,5 M €	-0.1%	49,5 M €	+26.3%	39,2 M €
Cash	1,2 M €	+4.5%	1,2 M €	-82.6%	6,8 M €	-12.8%	7,7 M €	+10.5%	7 M €	+7.2%	6,5 M €	-2.5%	6,7 M €	+220%	2,1 M €	-48.6%	4,1 M €	+202%	1,4 M €	-36.9%	2,1 M €	+32.5%	1,6 M €	-57.7%	3,8 M €	+415%	741,9 k €	+18.0%	628,9 k €	+1721%	34,5 k €	-97.2%	1,2 M €	+55.6%	790,8 k €	-29.1%	1,1 M €
Debts	170,4 M €	+18.0%	144,5 M €	-13.4%	166,9 M €	-38.0%	269 M €	+11.4%	241,4 M €	-6.8%	258,9 M €	+4.5%	247,8 M €	+1.2%	244,8 M €	+81.5%	134,9 M €	+11.3%	121,1 M €	-11.1%	136,3 M €	-19.8%	170 M €	+8.7%	156,4 M €	+28.9%	121,3 M €	+543%	18,9 M €	+58.3%	11,9 M €	+30.0%	9,2 M €	-34.2%	13,9 M €	+9.1%	12,8 M €
Other
Workforce	276,8 ETP	+4.9%	263,8 ETP	+2.2%	258,1 ETP	-0.1%	258,4 ETP	-1.2%	261,6 ETP	+0.2%	261,0 ETP	+7.7%	242,4 ETP	+5.2%	230,5 ETP	+2.5%	224,9 ETP	+1.9%	220,6 ETP	-0.1%	220,8 ETP	-1.3%	223,8 ETP	-8.6%	244,9 ETP	+126%	108,4 ETP	+16.1%	93,4 ETP	+15.6%	80,8 ETP	-2.4%	82,8 ETP	-2.1%	84,6 ETP	+14.5%	73,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 33 ended

Active mandates

AXERIO

Managing director · since 15 mai 2024 · until 15 mai 2029 · 1008.491.578

Represented by DEBAERE RIK

Active

ANTOINE VANDEPUTTE

Director · since 30 juin 2023 · until 12 juin 2026

Active

JOELA GALLOO

Director · since 30 juin 2023 · until 12 juin 2026

Active

JVD INVEST

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0810.843.388

Represented by VANDEPUTTE JAN

Active

Ended mandates

AXERIO

Managing director · since 15 mai 2024 · until 15 mai 2029 · 1008.491.578

Represented by Rik DEBAERE

Ended

Antoine Vandeputte

Director · since 30 juin 2023 · until 15 mai 2029

Ended

ANTOINE VANDEPUTTE

Chairman of the board of directors · since 30 juin 2023 · until 15 mai 2029

Ended

Joela Galloo

Director · since 30 juin 2023 · until 15 mai 2029

Ended

At this address

Other companies at this address

Company	CBE no.
GALLOO GROEP● Active	0563.655.221
GALLOO HOLDING● Active	0405.484.843
GALLOO LOGISTICS● Active	0459.706.061

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	15/06/2026	15/06/2025	17/06/2024	06/06/2023	30/05/2022	18/05/2021
General meeting	12/06/2026	15/05/2025	15/05/2024	08/05/2023	09/05/2022	10/05/2021
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

44 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	15/06/2026	Dutch	PDF
Full model	31/12/2024	15/05/2025	15/06/2025	Dutch	PDF
Full model	31/12/2023	15/05/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	08/05/2023	06/06/2023	Dutch	PDF
Full model	31/12/2021	09/05/2022	30/05/2022	Dutch	PDF
Full model	31/12/2020	10/05/2021	18/05/2021	Dutch	PDF
Full model	31/12/2019	11/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	13/05/2019	14/06/2019	Dutch	PDF
Full model	31/12/2017	14/05/2018	30/05/2018	Dutch	PDF
Consolidated accounts	31/12/2017	05/05/2018	29/08/2018	Dutch	PDF
Full model	31/12/2016	08/05/2017	01/06/2017	Dutch	PDF
Full model	31/12/2015	09/05/2016	02/06/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	28/05/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	30/07/2013	Dutch	PDF
Full model	31/12/2011	14/05/2012	12/07/2012	Dutch	PDF
Full model	31/12/2010	09/05/2011	05/07/2011	Dutch	PDF
Full model	31/12/2009	10/05/2010	19/07/2010	Dutch	PDF
Full model	30/06/2008	03/11/2008	23/12/2008	Dutch	PDF
Full model	30/06/2007	05/11/2007	21/12/2007	Dutch	PDF
Full model	30/06/2006	06/11/2006	06/12/2006	Dutch	PDF
Full model	30/06/2005	07/11/2005	08/12/2005	Dutch	PDF
Full model	30/06/2004	02/11/2004	03/12/2004	Dutch	PDF
Full model	30/06/2003	03/11/2003	05/12/2003	Dutch	PDF

View all 44 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 4 active · 33 ended

Active mandates

AXERIO

Managing director · since 15 mai 2024 · until 15 mai 2029 · 1008.491.578

Represented by DEBAERE RIK

Active

ANTOINE VANDEPUTTE

Director · since 30 juin 2023 · until 12 juin 2026

Active

JOELA GALLOO

Director · since 30 juin 2023 · until 12 juin 2026

Active

JVD INVEST

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0810.843.388

Represented by VANDEPUTTE JAN

Active

Ended mandates

AXERIO

Managing director · since 15 mai 2024 · until 15 mai 2029 · 1008.491.578

Represented by Rik DEBAERE

Ended

Antoine Vandeputte

Director · since 30 juin 2023 · until 15 mai 2029

Ended

ANTOINE VANDEPUTTE

Chairman of the board of directors · since 30 juin 2023 · until 15 mai 2029

Ended

Joela Galloo

Director · since 30 juin 2023 · until 15 mai 2029

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring28/07/2023
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/05/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates06/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2018
ONTSLAGEN - BENOEMINGEN
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 202523,8 M €↑
2024
Annual accounts 202413 M €↓
15/05/2024
nominationAxerio BV — bestuurder
2023
Annual accounts 202331,1 M €↑
08/05/2023
reconductionErnst & Young BV — commissaris
2022
Annual accounts 202215,3 M €↓
2021
Annual accounts 202137,3 M €↑
2020
Annual accounts 202011 M €↑
2019
Annual accounts 20195,9 M €↑
2018
Annual accounts 20183,7 M €↓
2017
Annual accounts 201730,7 M €↑
2016
Annual accounts 201612 M €↑
2015
Annual accounts 2015-8,1 M €↓
2014
Annual accounts 20141,5 M €↓
2013
Annual accounts 20132,5 M €↓
2012
Annual accounts 201242,8 M €↑
2011
Annual accounts 20115,7 M €↓
2010
Annual accounts 20108,2 M €↑
2009
Annual accounts 20094,5 M €↓
2008
Annual accounts 20088,8 M €↑
2007
Annual accounts 20076,8 M €
30/06/1982
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

GALLOO

Overview

What does GALLOO do?

Trend over 19 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