ACTIVE

GALICO (SA)

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Financial year 2025 · closed on 31/12/2025

Net result

297,6 k €

+3867.1% YoY

Revenue

16,5 M €

-3.1% YoY

Equity

7,9 M €

+3.9% YoY

Workforce

25,6 ETP

-7.2% YoY

What does GALICO do?

GALICO is a Public limited company incorporated in 1994. Its registered office is in Anzegem. It employs on average 25,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.670.483

Incorporation

24/10/1994

Legal form

Public limited company

Registered office

Oudenaardestraat 49 box b
8570 Anzegem · FlandreSee on map

Contributed capital

123 946,76 €

Latest accounts

31/12/2025

Average workforce

25,6 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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		2008		2007		2006
Income statement
Revenue	16,5 M €	-3.1%	17 M €	-2.9%	17,5 M €	-6.3%	18,7 M €	-26.1%	25,3 M €	+8.5%	23,3 M €	+21.7%	19,2 M €	+18.3%	16,2 M €	+1.1%	16 M €	+4.6%	15,3 M €	-0.7%	15,4 M €	+5.3%	14,6 M €	-13.4%	16,9 M €	+15.2%	14,7 M €	+8.4%	13,5 M €		–		–		–		–
EBITDA	1,5 M €	+61.5%	954,2 k €	-60.5%	2,4 M €	+11.9%	2,2 M €	+41.0%	1,5 M €	-31.3%	2,2 M €	+50.0%	1,5 M €	+40.9%	1,1 M €	-14.2%	1,2 M €	-8.4%	1,3 M €	+6.2%	1,3 M €	-0.8%	1,3 M €	-6.2%	1,4 M €	+58.9%	855,5 k €	-5.9%	909 k €	-49.0%	1,8 M €	+164%	675,6 k €	-12.2%	769,1 k €	+31.9%	583,2 k €
Operating result	716,4 k €	+258%	200,1 k €	-88.3%	1,7 M €	+41.7%	1,2 M €	+38.6%	869,9 k €	+4.5%	832,1 k €	+169%	309,8 k €	-3.7%	321,8 k €	-60.1%	806,3 k €	-8.9%	885,5 k €	+7.5%	823,8 k €	+4.1%	791 k €	-14.9%	929,8 k €	+166%	349,7 k €	-46.4%	652,8 k €	-49.9%	1,3 M €	+172%	479,2 k €	-16.1%	571,2 k €	+28.9%	443,2 k €
Net result	297,6 k €	+3867%	7,5 k €	-99.3%	1,1 M €	+44.3%	742 k €	+67.6%	442,8 k €	+30.4%	339,5 k €	+327%	-149,3 k €	-267%	89,2 k €	-71.7%	315,4 k €	-22.1%	404,7 k €	-5.8%	429,5 k €	+0.8%	426 k €	-6.4%	455,3 k €	+204%	149,9 k €	-56.2%	342,2 k €	-56.2%	781,8 k €	+193%	266,4 k €	-16.3%	318,2 k €	+18.8%	267,8 k €
Balance sheet
Equity	7,9 M €	+3.9%	7,6 M €	+0.1%	7,6 M €	+16.3%	6,6 M €	+12.8%	5,8 M €	+8.2%	5,4 M €	+6.7%	5 M €	-2.9%	5,2 M €	+1.8%	5,1 M €	+6.6%	4,8 M €	+9.3%	4,4 M €	+10.9%	3,9 M €	+12.1%	3,5 M €	+14.9%	3,1 M €	+5.1%	2,9 M €	+13.3%	2,6 M €	+43.7%	1,8 M €	+17.5%	1,5 M €	+26.6%	1,2 M €
Total assets	15,3 M €	-0.6%	15,4 M €	+3.5%	14,9 M €	+6.9%	13,9 M €	-21.5%	17,7 M €	+13.6%	15,6 M €	-11.1%	17,6 M €	+13.9%	15,4 M €	+77.5%	8,7 M €	-7.1%	9,4 M €	+1.1%	9,3 M €	+0.2%	9,2 M €	+3.4%	8,9 M €	-0.6%	9 M €	+30.4%	6,9 M €	+11.6%	6,2 M €	+62.2%	3,8 M €	+20.0%	3,2 M €	+1.0%	3,1 M €
Cash	896,4 k €	+42.2%	630,6 k €	-45.6%	1,2 M €	+21.8%	952,8 k €	+140%	396,6 k €	-37.0%	629,9 k €	+93.1%	326,2 k €	+30.0%	250,9 k €	-57.2%	585,9 k €	+126%	259,8 k €	-41.9%	447,2 k €	+269%	121,2 k €	-26.3%	164,3 k €	-64.5%	462,3 k €	+1.4%	455,8 k €	+98.7%	229,4 k €	+117%	105,8 k €	-48.2%	204,2 k €	+4.1%	196,1 k €
Debts	7,4 M €	-5.1%	7,8 M €	+7.5%	7,2 M €	-1.5%	7,3 M €	-38.3%	11,9 M €	+16.5%	10,2 M €	-18.6%	12,5 M €	+22.3%	10,2 M €	+185%	3,6 M €	-21.5%	4,6 M €	-6.1%	4,9 M €	-7.7%	5,3 M €	-2.1%	5,4 M €	-8.8%	5,9 M €	+49.2%	4 M €	+10.1%	3,6 M €	+78.5%	2 M €	+22.4%	1,6 M €	-13.8%	1,9 M €
Other
Workforce	25,6 ETP	-7.2%	27,6 ETP	-1.8%	28,1 ETP	-8.5%	30,7 ETP	-5.5%	32,5 ETP	+9.8%	29,6 ETP	+0.7%	29,4 ETP	+7.3%	27,4 ETP	+5.4%	26,0 ETP	-4.1%	27,1 ETP	-0.7%	27,3 ETP	+7.9%	25,3 ETP	+4.1%	24,3 ETP	+8.5%	22,4 ETP	+19.1%	18,8 ETP	-9.6%	20,8 ETP	+2.5%	20,3 ETP	+2.0%	19,9 ETP	+19.9%	16,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

ESCALO

Director · since 30 mai 2023 · until 29 mai 2029 · 0461.807.102

Represented by Olivier De Brabandere

Active

SALICK

Director · since 30 mai 2023 · until 29 mai 2029 · 0827.536.494

Represented by Patricia Claerbout

Active

Ended mandates

ESCALO

Director · since 30 mai 2023 · until 29 mai 2029 · 0461.807.102

Represented by Olivier De Brabandere

Ended

SALICK

Managing director · since 30 mai 2023 · until 29 mai 2029 · 0827.536.494

Represented by Patricia CLAERBOUT

Ended

ESCALO

Director · since 30 juin 2017 · until 12 juin 2023 · 0461.807.102

Represented by Olivier De Brabandere

Ended

SALICK

Managing director · since 30 juin 2017 · until 12 juin 2023 · 0827.536.494

Represented by Patricia Claerbout

Ended

At this address

Other companies at this address

Company	CBE no.
ARDECA● Active	0436.114.671
ESCALO● Active	0461.807.102

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	29/06/2026	17/06/2025	17/06/2024	23/06/2023	14/06/2022	15/06/2021
General meeting	26/06/2026	10/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Full model	31/12/2024	10/06/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	23/06/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	14/06/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	15/06/2021	Dutch	PDF
Full model	31/12/2019	17/08/2020	21/08/2020	Dutch	PDF
Full model	31/12/2018	26/07/2019	25/08/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	04/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	17/07/2017	Dutch	PDF
Full model	31/12/2015	29/06/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	20/07/2015	Dutch	PDF
Full model	30/12/2013	27/06/2014	11/07/2014	Dutch	PDF
Full model	30/12/2012	28/06/2013	28/06/2013	Dutch	PDF
Full model	30/12/2011	29/06/2012	09/07/2012	Dutch	PDF
Abridged model	30/12/2010	14/06/2011	19/06/2011	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	20/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 18 ended

Active mandates

ESCALO

Director · since 30 mai 2023 · until 29 mai 2029 · 0461.807.102

Represented by Olivier De Brabandere

Active

SALICK

Director · since 30 mai 2023 · until 29 mai 2029 · 0827.536.494

Represented by Patricia Claerbout

Active

Ended mandates

ESCALO

Director · since 30 mai 2023 · until 29 mai 2029 · 0461.807.102

Represented by Olivier De Brabandere

Ended

SALICK

Managing director · since 30 mai 2023 · until 29 mai 2029 · 0827.536.494

Represented by Patricia CLAERBOUT

Ended

ESCALO

Director · since 30 juin 2017 · until 12 juin 2023 · 0461.807.102

Represented by Olivier De Brabandere

Ended

SALICK

Managing director · since 30 juin 2017 · until 12 juin 2023 · 0827.536.494

Represented by Patricia Claerbout

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other25/02/2015
BOEKJAAR
PDF
Mandates05/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2011
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 2025297,6 k €↑
2024
Annual accounts 20247,5 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022742 k €↑
2021
Annual accounts 2021442,8 k €↑
2020
Annual accounts 2020339,5 k €↑
2019
Annual accounts 2019-149,3 k €↓
2018
Annual accounts 201889,2 k €↓
2017
Annual accounts 2017315,4 k €↓
2016
Annual accounts 2016404,7 k €↓
2015
Annual accounts 2015429,5 k €↑
2014
Annual accounts 2014426 k €↓
2013
Annual accounts 2013455,3 k €↑
2012
Annual accounts 2012149,9 k €↓
2011
Annual accounts 2011342,2 k €↓
2010
Annual accounts 2010781,8 k €↑
2008
Annual accounts 2008266,4 k €↓
2007
Annual accounts 2007318,2 k €↑
2006
Annual accounts 2006267,8 k €
24/10/1994
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

GALICO (SA)

Overview

What does GALICO 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