BALI MED

Inactive

KBO/BCE: BE 0634.860.545

BALI MED was declared bankrupt on 21-12-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-03-2025, published in the Belgian State Gazette on 02-04-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

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Signals

Three signals. The signal on the left, the evidence on the right.

○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 5 filings

Position against the passed deadline

31-12-2021 close31-07-2022 deadline24-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 13-03-2021, 140 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

140 d early

2019

44 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2020, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€192k▲ 59.4%

2018 · €120k

2018: €120k

2018 → 2020

Working capital

€252k▲ 112%

2018 · €119k

2018: €119k

2018 → 2020

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182020Trend

Equity€80k-€281k▲ 249%

Operating result€122k-€220k▲ 81.4%

Net result€120k-€192k▲ 59.4%

Result per fiscal year

Operating resultNet result

The operating result is €220k in 2020, compared with €122k in 2018. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2020 in colour, 2018 as the grey bar beneath

Assets €298k

10%

90.4%

Fixed assets €29k =

Current assets €270k ▲ 2.0%

Equity and liabilities €298k

94.1%

Equity €281k ▲ 249%

Debt €18k ▼ 91.7%

Debt's share of the balance-sheet total falls from 72.5% to 5.9%. Equity is higher and debt is lower.

Key figures and ratios

2020 value · change against 2018

Current ratio

15.23▲

2018 · 1.81

ROE

68.3%▼

2018 · 149.4%

ROA

64.2%▲

2018 · 41.0%

Debt ≤ 1 year

€18k▼

2018 · €146k

Income taxes

€30k▲

2018 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2020 against 2018 · 22 lines

Balance sheet Code20182020

Assets

Total assets20/58€293k€298k▲

Fixed assets21/28€29k€29k=

Financial fixed assets28€29k€29k=

Current assets29/58€264k€270k▲

Amounts receivable within one year40/41€50k€194k▲

Cash at bank and in hand54/58€14k€75k▲

Equity and liabilities

Total equity and liabilities10/49€293k€298k▲

Equity10/15€80k€281k▲

Contributions10/11€19k€19k=

Reserves13€31k€31k=

Profit (loss) carried forward14€31k€231k▲

Amounts payable17/49€212k€18k▼

Amounts payable after more than one year17€67k-

Amounts payable within one year42/48€146k€18k▼

Income statement Code20182020

Gross operating margin9900€123k€221k▲

Operating profit (loss)9901€122k€220k▲

Recurring financial income75€3k€2k▼

Recurring financial charges65€2k€621▼

Profit (loss) for the period before taxes9903€123k€221k▲

Income taxes67/77€3k€30k▲

Profit (loss) for the period9904€120k€192k▲

Profit (loss) for the period to be appropriated9905€120k€192k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 9Signals 2Financial 2Filings 5

2025

02-04

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Brussel · BALI MED BV IMPERIASTRAAT 8, 1930 ZAVENTEM · event 25-03-2025

2021

28-12

Bankruptcy Opening

Ondernemingsrechtbank Brussel · BALI MED BV IMPERIA- STRAAT 8, 1930 ZAVENTEM · event 21-12-2021

13-03

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Liquidity times 8current ratio 15.23

Current ratio from 1.81 to 15.23; short-term debt falls from €146k to €18k.

31-12

Financial Equity above €200kEq €281k ▲249%

2 profitable years in a row build equity to €281k.

17-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 31 days late

14-02

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 198 days late

2017

18-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	TOMAS BRUNEEL ZELLIKSESTEENWEG 12, 1082 SINT- AGATHA-BERCHEM	21-12-2021 → 25-03-2025