ACTIVE

GALLENCO

Financial year 2024 · closed on 31/12/2024
Net result
164 k €
+661.4% YoY
Gross margin
1,1 M €
+61.5% YoY
Equity
178,7 k €
+2.3% YoY
Workforce
8,0 ETP
+27.0% YoY

What does GALLENCO do?

GALLENCO is a Private limited company incorporated in 1990. Its registered office is in Nieuwpoort. It employs on average 8,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.616.650
Incorporation
10/09/1990
Legal form
Private limited company
Registered office
Ambachtstraat 6
8620 Nieuwpoort · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Average workforce
8,0 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,1 M €654,3 k €685,6 k €661,6 k €851,4 k €483,1 k €340 k €403,4 k €286,5 k €351,4 k €368,1 k €299,9 k €568,1 k €815,9 k €560,8 k €660,7 k €552,9 k €505,3 k €371,7 k €
EBITDA416,3 k €200,7 k €379,9 k €346,3 k €549,1 k €191,4 k €119 k €145,4 k €56,8 k €125,1 k €61,9 k €3,3 k €143,4 k €256,2 k €140,4 k €309,1 k €218,6 k €170,9 k €80,7 k €
Operating result182,7 k €-16,1 k €217 k €237,4 k €455,6 k €105 k €27,7 k €65,7 k €-37,2 k €17,1 k €10,2 k €-72,5 k €59,1 k €169,8 k €83,3 k €238,7 k €157,5 k €106 k €15,2 k €
Net result164 k €-29,2 k €205,5 k €225,6 k €441,5 k €98,2 k €21,6 k €57,4 k €-68,2 k €11,8 k €14,4 k €-76 k €54,4 k €110,8 k €31,4 k €173,8 k €104,8 k €67,9 k €33,4 k €
Balance sheet
Equity178,7 k €174,7 k €204 k €132,5 k €131,9 k €135,4 k €678,7 k €657 k €599,7 k €667,9 k €656 k €641,6 k €778,4 k €724 k €613,2 k €581,8 k €408 k €303,2 k €235,3 k €
Total assets1,9 M €1,8 M €2 M €1 M €1,4 M €999,1 k €1,2 M €1 M €849,9 k €953,8 k €1,1 M €861,6 k €1,3 M €1,1 M €1,1 M €814,9 k €605,1 k €638,1 k €497,4 k €
Cash70,9 k €96,6 k €43,7 k €59,5 k €58,4 k €24,4 k €115,5 k €20,4 k €31,3 k €76,9 k €79,4 k €80,2 k €205,1 k €95,1 k €177,4 k €157 k €100,1 k €114,7 k €35,1 k €
Debts1,7 M €1,6 M €1,8 M €869,2 k €1,3 M €863,6 k €481,6 k €367,5 k €250,2 k €282,2 k €457,4 k €220 k €481,8 k €398 k €528,3 k €233,1 k €197,1 k €334,9 k €262,1 k €
Other
Workforce8,0 ETP6,3 ETP5,2 ETP5,5 ETP5,7 ETP5,1 ETP3,7 ETP4,0 ETP5,4 ETP5,4 ETP6,4 ETP7,3 ETP9,2 ETP11,8 ETP9,6 ETP8,2 ETP7,6 ETP8,5 ETP7,7 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 31/12/2024 · 1 active · 5 ended

Active mandates

Galle Invest

bestuurder · 0728.870.767

Represented by Michel Galle

Active

Ended mandates

Galle Invest

Mandate · since 22 octobre 2019 · until 31 décembre 2019 · 0728.870.767

Represented by Michel Galle

Ended
Michel Galle

Mandate · since 01 janvier 2019 · until 22 octobre 2019

Ended
Galle Invest

bestuurder · 0728.870.767

Ended
Galle Invest

bestuurder · 0728.870.767

Represented by Michel Galle

Ended
At this address

Other companies at this address

CompanyCBE no.
Galle InvestActive
0728.870.767
Galle ProjectsActive
0717.986.872
GROEP GALLEActive
0738.932.736
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/05/202505/03/202401/06/202317/10/202231/08/202130/09/2020
General meeting29/04/202501/03/202422/03/202313/10/202206/08/202105/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202429/04/202507/05/2025DutchPDF
Abridged model31/12/202301/03/202405/03/2024DutchPDF
Abridged model31/12/202222/03/202301/06/2023DutchPDF
Abridged model31/12/202113/10/202217/10/2022DutchPDF
Abridged model31/12/202006/08/202131/08/2021DutchPDF
Abridged model31/12/201905/06/202030/09/2020DutchPDF
Abridged model31/12/201804/06/201931/07/2019DutchPDF
Abridged model31/12/201702/06/201812/06/2018DutchPDF
Abridged model31/12/201612/05/201713/06/2017DutchPDF
Abridged model31/12/201507/09/201614/09/2016DutchPDF
Abridged model31/12/201426/09/201514/10/2015DutchPDF
Abridged model31/12/201322/08/201428/08/2014DutchPDF
Abridged model31/12/201215/11/201309/12/2013DutchPDF
Abridged model31/12/201127/06/201209/07/2012DutchPDF
Abridged model31/12/201008/09/201120/10/2011DutchPDF
Abridged model31/12/200910/06/201011/06/2010DutchPDF
Abridged model31/12/200829/06/200922/07/2009DutchPDF
Abridged model31/12/200730/06/200824/07/2008DutchPDF
Abridged model31/12/200630/06/200720/07/2007DutchPDF
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 31/12/2024 · 1 active · 5 ended

Active mandates

Galle Invest

bestuurder · 0728.870.767

Represented by Michel Galle

Active

Ended mandates

Galle Invest

Mandate · since 22 octobre 2019 · until 31 décembre 2019 · 0728.870.767

Represented by Michel Galle

Ended
Michel Galle

Mandate · since 01 janvier 2019 · until 22 octobre 2019

Ended
Galle Invest

bestuurder · 0728.870.767

Ended
Galle Invest

bestuurder · 0728.870.767

Represented by Michel Galle

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/06/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/11/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates18/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/01/2014
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares04/08/2006
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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

Timeline

  1. 2024
    Annual accounts 2024164 k €
  2. 2023
    Annual accounts 2023-29,2 k €
  3. 2022
    Annual accounts 2022205,5 k €
  4. 2021
    Annual accounts 2021225,6 k €
  5. 2020
    Annual accounts 2020441,5 k €
  6. 2019
    Annual accounts 201998,2 k €
  7. 2018
    Annual accounts 201821,6 k €
  8. 2017
    Annual accounts 201757,4 k €
  9. 2016
    Annual accounts 2016-68,2 k €
  10. 2015
    Annual accounts 201511,8 k €
  11. 2014
    Annual accounts 201414,4 k €
  12. 2013
    Annual accounts 2013-76 k €
  13. 2012
    Annual accounts 201254,4 k €
  14. 2011
    Annual accounts 2011110,8 k €
  15. 2010
    Annual accounts 201031,4 k €
  16. 2009
    Annual accounts 2009173,8 k €
  17. 2008
    Annual accounts 2008104,8 k €
  18. 2007
    Annual accounts 200767,9 k €
  19. 2006
    Annual accounts 200633,4 k €
  20. 10/09/1990
    IncorporationPrivate limited company