OPENING OF BANKRUPTCY

BALEN LOGISTICS

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Financial year 2023 · closed on 31/12/2023

Net result

7,7 k €

+183.2% YoY

Gross margin

8,1 k €

+188.9% YoY

Equity

64,6 k €

+19.4% YoY

Company — Opening of bankruptcy.

Strike-off: 16 septembre 2026

What does BALEN LOGISTICS do?

BALEN LOGISTICS is a Private limited company incorporated in 1987. Its registered office is in Balen.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0432.873.584

Incorporation

21/12/1987

Legal form

Private limited company

Registered office

Poeierstraat 8
2490 Balen · FlandreSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2023

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	8,1 k €	+189%	-9,2 k €	-1670%	-517 €	-123%	2,2 k €	-85.1%	15,1 k €	-14.7%	17,7 k €	-21.0%	22,4 k €	-1.3%	22,7 k €	-3.8%	23,6 k €	-28.5%	33 k €	-11.4%	37,2 k €	+3.9%	35,8 k €	+1.1%	35,4 k €	-0.9%	35,8 k €	-1.9%	36,5 k €	+17.4%	31 k €	-1.4%	31,5 k €	+0.4%	31,3 k €
EBITDA	7,8 k €	+184%	-9,3 k €	-1397%	-618 €	+95.4%	-13,5 k €	-482%	-2,3 k €	-136%	-979 €	-110%	9,7 k €	-21.2%	12,3 k €	-25.9%	16,6 k €	+28.5%	12,9 k €	+613%	1,8 k €	+555%	277 €	-49.8%	552 €	-81.1%	2,9 k €	-29.6%	4,2 k €	+462%	740 €	+46.0%	507 €	-54.1%	1,1 k €
Operating result	7,8 k €	+184%	-9,3 k €	-1171%	-728 €	+94.7%	-13,8 k €	-266%	-3,8 k €	-62.3%	-2,3 k €	-130%	7,8 k €	-24.8%	10,4 k €	-29.2%	14,7 k €	+26.3%	11,6 k €	+25918%	-45 €	+96.8%	-1,4 k €	-27.9%	-1,1 k €	-189%	1,2 k €	-57.4%	2,9 k €	+1823%	-168 €	-15.1%	-146 €	-128%	518 €
Net result	7,7 k €	+183%	-9,3 k €	-413%	-1,8 k €	+84.7%	-11,9 k €	-622%	-1,6 k €	-416%	520 €	-94.7%	9,9 k €	-1.5%	10 k €	+103%	4,9 k €	-62.7%	13,3 k €	+841%	1,4 k €	+450%	-402 €	0.0%	-402 €	-134%	1,2 k €	-58.8%	2,9 k €	+693%	-484 €	-831%	-52 €	+97.6%	-2,2 k €
Balance sheet
Equity	64,6 k €	+19.4%	54,1 k €	-14.7%	63,4 k €	-2.8%	65,2 k €	-5.8%	69,2 k €	-2.3%	70,9 k €	+0.7%	70,4 k €	+16.3%	60,5 k €	+19.9%	50,5 k €	+10.9%	45,5 k €	+41.1%	32,3 k €	+4.6%	30,8 k €	-1.3%	31,2 k €	-1.3%	31,7 k €	+3.9%	30,5 k €	+10.4%	27,6 k €	-1.7%	28,1 k €	+7.8%	26 k €
Total assets	175,7 k €	+222%	54,6 k €	-14.0%	63,5 k €	-3.6%	65,9 k €	-6.1%	70,2 k €	-5.0%	73,8 k €	+1.4%	72,8 k €	+19.5%	60,9 k €	+19.5%	50,9 k €	+10.5%	46,1 k €	+36.7%	33,7 k €	+5.8%	31,9 k €	-1.4%	32,3 k €	-0.5%	32,5 k €	+2.4%	31,7 k €	+10.9%	28,6 k €	-3.3%	29,6 k €	+6.5%	27,8 k €
Cash	30 €	-97.8%	1,4 k €	-96.9%	44,7 k €	-1.5%	45,4 k €	+36.3%	33,3 k €	-9.2%	36,7 k €	+6.5%	34,4 k €	+22.4%	28,1 k €	+47.2%	19,1 k €	-4.6%	20 k €	+86.2%	10,8 k €	-17.8%	13,1 k €	+3.6%	12,6 k €	+0.0%	12,6 k €	+1.7%	12,4 k €	+107%	6 k €	+25.8%	4,8 k €	+70.4%	2,8 k €
Debts	111,1 k €	+22116%	500 €	+390%	102 €	-84.7%	666 €	-27.5%	918 €	-69.0%	3 k €	+20.5%	2,5 k €	+482%	422 €	-13.3%	487 €	-15.5%	576 €	-60.7%	1,5 k €	+44.1%	1 k €	-5.6%	1,1 k €	+28.6%	837 €	-33.5%	1,3 k €	+25.2%	1 k €	-32.5%	1,5 k €	-13.8%	1,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,0 ETP		0,0 ETP	-100%	1,0 ETP	0.0%	1,0 ETP		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

Giovanni Monni

Mandate

Active

Ended mandates

Rudolf COOLS

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
Etona Group● Active	1036.841.314
Etona Holding● Active	1036.840.918
The Automotive Group● Bankrupt	0790.269.490

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Micro model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/11/2024	30/07/2023	28/07/2022	02/07/2021	08/07/2020	30/06/2019
General meeting	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020	28/06/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	30/06/2024	30/11/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	30/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	02/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/06/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	23/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	19/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 31/12/2023 · 1 active · 1 ended

Active mandates

Giovanni Monni

Mandate

Active

Ended mandates

Rudolf COOLS

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/11/2024
MAATSCHAPPELIJKE ZETEL, BENAMING
PDF
Other05/11/2024
Statutenwijziging
PDF
Other29/05/2024
S(P)RL: modification
PDF
Registered office04/09/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office09/08/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2021
MAATSCHAPPELIJKE ZETEL - 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

2023
Annual accounts 20237,7 k €↑
2023
Name changeBALEN LOGISTICS
2022
Annual accounts 2022-9,3 k €↓
2021
Annual accounts 2021-1,8 k €↑
2020
Annual accounts 2020-11,9 k €↓
2019
Annual accounts 2019-1,6 k €↓
2018
Annual accounts 2018520 €↓
2017
Annual accounts 20179,9 k €↓
2016
Annual accounts 201610 k €↑
2015
Annual accounts 20154,9 k €↓
2014
Annual accounts 201413,3 k €↑
2013
Annual accounts 20131,4 k €↑
2012
Annual accounts 2012-402 €↑
2011
Annual accounts 2011-402 €↓
2010
Annual accounts 20101,2 k €↓
2009
Annual accounts 20092,9 k €↑
2008
Annual accounts 2008-484 €↓
2007
Annual accounts 2007-52 €↑
2006
Annual accounts 2006-2,2 k €
2006
Name changeKONTIKI
21/12/1987
IncorporationPrivate 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

BALEN LOGISTICS

Overview

What does BALEN LOGISTICS do?

Trend over 18 financial years

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