ACTIVE

GALWICO

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Financial year 2025 · closed on 31/12/2025

Net result

49,1 k €

+3.0% YoY

Gross margin

61,2 k €

+27.5% YoY

Equity

1,3 M €

+4.0% YoY

What does GALWICO do?

GALWICO is a Public limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.231.359

Incorporation

06/04/1989

Legal form

Public limited company

Registered office

Piepelpoel 17
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

63 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	61,2 k €	+27.5%	48 k €	+55.7%	30,8 k €	-22.5%	39,8 k €	-12.2%	45,3 k €	+65.7%	27,4 k €	+65.0%	16,6 k €	-87.3%	131 k €	+206%	42,7 k €	-10.0%	47,4 k €	-67.4%	145,4 k €	-5.1%	153,1 k €	+21.8%	125,7 k €	+19.8%	104,9 k €	+50.6%	69,7 k €	-38.4%	113,1 k €	+49.3%	75,8 k €	+59.6%	47,5 k €
EBITDA	58,1 k €	+29.1%	45 k €	+60.7%	28 k €	-24.7%	37,2 k €	-13.0%	42,8 k €	+72.7%	24,8 k €	+88.7%	13,1 k €	-89.8%	128 k €	+223%	39,6 k €	-10.9%	44,5 k €	-38.5%	72,3 k €	+3.5%	69,8 k €	+10.3%	63,3 k €	+28.5%	49,3 k €	+20.0%	41,1 k €	-28.1%	57,1 k €	+17.4%	48,6 k €	+6.6%	45,6 k €
Operating result	53,5 k €	+32.1%	40,5 k €	+72.3%	23,5 k €	-28.1%	32,7 k €	+6.2%	30,8 k €	+92.0%	16 k €	+264%	4,4 k €	-96.5%	126,8 k €	+276%	33,8 k €	-6.6%	36,2 k €	-43.5%	64 k €	+5.5%	60,6 k €	+20.0%	50,5 k €	+38.5%	36,5 k €	+26.4%	28,9 k €	-29.5%	40,9 k €	+23.2%	33,2 k €	+16.7%	28,5 k €
Net result	49,1 k €	+3.0%	47,6 k €	+53.1%	31,1 k €	-15.8%	37 k €	+2.0%	36,2 k €	+84.7%	19,6 k €	+61.9%	12,1 k €	-87.5%	96,7 k €	+274%	25,9 k €	-31.4%	37,7 k €	-34.7%	57,8 k €	+25.9%	45,9 k €	+1.9%	45 k €	+9.2%	41,2 k €	+22.1%	33,8 k €	-11.4%	38,1 k €	+22.9%	31 k €	+42.0%	21,8 k €
Balance sheet
Equity	1,3 M €	+4.0%	1,2 M €	+4.1%	1,2 M €	+2.7%	1,1 M €	+3.3%	1,1 M €	+10.4%	1 M €	+2.0%	982,4 k €	+1.2%	970,2 k €	+11.1%	873,5 k €	+3.1%	847,6 k €	+4.7%	809,9 k €	+7.7%	752,2 k €	+6.5%	706,3 k €	+6.8%	661,3 k €	+6.6%	620 k €	+5.8%	586,3 k €	+7.0%	548,2 k €	+6.0%	517,2 k €
Total assets	1,3 M €	+3.1%	1,3 M €	+1.8%	1,2 M €	+6.2%	1,2 M €	+3.8%	1,1 M €	+10.1%	1 M €	+1.7%	996,7 k €	-2.4%	1 M €	+0.8%	1 M €	+2.1%	992,2 k €	+2.3%	970,1 k €	+5.8%	916,8 k €	+7.6%	851,9 k €	+9.3%	779,3 k €	+14.2%	682,1 k €	+13.0%	603,6 k €	+6.5%	566,9 k €	+5.8%	535,9 k €
Cash	12 k €	-12.6%	13,7 k €	+54.1%	8,9 k €	-72.8%	32,7 k €	-70.8%	112,1 k €	-72.0%	400,3 k €	+57.5%	254,2 k €	-28.1%	353,6 k €	+192%	121 k €	+112%	57 k €	+7457%	754,5 €	-71.8%	2,7 k €	-56.9%	6,2 k €	-48.9%	12,2 k €	+39.6%	8,7 k €	-93.2%	127,9 k €	+416%	24,8 k €	-76.5%	105,5 k €
Debts	20,1 k €	-33.4%	30,2 k €	-45.5%	55,3 k €	+282%	14,5 k €	+55.6%	9,3 k €	-18.8%	11,5 k €	-19.8%	14,3 k €	-71.9%	50,8 k €	-63.5%	139,4 k €	-3.6%	144,5 k €	-9.8%	160,2 k €	-2.1%	163,6 k €	+12.4%	145,6 k €	+23.4%	118 k €	+90.0%	62,1 k €	+258%	17,4 k €	-7.2%	18,7 k €	-0.2%	18,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,3 ETP	-8.0%	2,5 ETP	+25.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Danny Biets

Managing director · since 28 juin 2021 · until 28 juin 2027

Active

Ended mandates

Benny Biets

Director · since 28 juin 2021 · until 28 juin 2027

Ended

Freddy Biets

Director · since 28 juin 2021 · until 28 juin 2027

Ended

Benny Biets

Director · since 29 juin 2015 · until 29 juin 2021

Ended

Danny Biets

Managing director · since 29 juin 2015 · until 29 juin 2021

Ended

At this address

Other companies at this address

Company	CBE no.
Basketklub Tongeren● Active	0420.060.181

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	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	12 months	12 months	13 months	13 months	13 months	13 months
Filing date	01/07/2026	01/07/2025	25/06/2024	27/06/2023	06/07/2022	01/07/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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	29/06/2026	01/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	24/06/2024	25/06/2024	Dutch	PDF
Micro model	30/12/2022	26/06/2023	27/06/2023	Dutch	PDF
Micro model	30/12/2021	27/06/2022	06/07/2022	Dutch	PDF
Micro model	30/12/2020	28/06/2021	01/07/2021	Dutch	PDF
Micro model	30/12/2019	22/06/2020	03/08/2020	Dutch	PDF
Micro model	30/12/2018	24/06/2019	22/07/2019	Dutch	PDF
Micro model	30/12/2017	25/06/2018	06/08/2018	Dutch	PDF
Abridged model	30/12/2016	26/06/2017	14/07/2017	Dutch	PDF
Abridged model	30/12/2015	27/06/2016	27/07/2016	Dutch	PDF
Abridged model	30/12/2014	29/06/2015	28/07/2015	Dutch	PDF
Abridged model	30/12/2013	30/06/2014	25/07/2014	Dutch	PDF
Abridged model	30/12/2012	24/06/2013	12/07/2013	Dutch	PDF
Abridged model	30/12/2011	25/06/2012	09/07/2012	Dutch	PDF
Abridged model	30/12/2010	27/06/2011	06/10/2011	Dutch	PDF
Abridged model	30/12/2009	28/06/2010	12/07/2010	Dutch	PDF
Abridged model	30/12/2008	29/06/2009	26/04/2010	Dutch	PDF
Abridged model	30/12/2007	27/06/2008	29/08/2008	Dutch	PDF
Abridged model	30/12/2006	25/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 12 ended

Active mandates

Danny Biets

Managing director · since 28 juin 2021 · until 28 juin 2027

Active

Ended mandates

Benny Biets

Director · since 28 juin 2021 · until 28 juin 2027

Ended

Freddy Biets

Director · since 28 juin 2021 · until 28 juin 2027

Ended

Benny Biets

Director · since 29 juin 2015 · until 29 juin 2021

Ended

Danny Biets

Managing director · since 29 juin 2015 · until 29 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/07/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates05/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2003
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 202549,1 k €↑
2024
Annual accounts 202447,6 k €↑
2023
Annual accounts 202331,1 k €↓
2022
Annual accounts 202237 k €↑
2021
Annual accounts 202136,2 k €↑
2018
Annual accounts 201819,6 k €↑
2017
Annual accounts 201712,1 k €↓
2016
Annual accounts 201696,7 k €↑
2015
Annual accounts 201525,9 k €↓
2014
Annual accounts 201437,7 k €↓
2013
Annual accounts 201357,8 k €↑
2012
Annual accounts 201245,9 k €↑
2011
Annual accounts 201145 k €↑
2010
Annual accounts 201041,2 k €↑
2009
Annual accounts 200933,8 k €↓
2008
Annual accounts 200838,1 k €↑
2007
Annual accounts 200731 k €↑
2006
Annual accounts 200621,8 k €
06/04/1989
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

GALWICO

Overview

What does GALWICO do?

Trend over 18 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