OPENING OF BANKRUPTCY

Pulsify Medical

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-1,5 M €+41,4 %over 1 year
Gross margin464,7 k €+51,4 %over 1 year
Equity2,1 M €+38,6 %over 1 year
Workforce3,3 ETP-31,3 %over 1 year

Identity

Source · BCE/KBO

Pulsify Medical is a Private limited company incorporated in 2019. Its main activity is: Manufacture of irradiation, electromedical and electrotherapeutic equipment. Its registered office is in Leuven. It employs on average 3,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0727.875.726
Incorporation
07/06/2019
Legal form
Private limited company
Registered office
Philipssite 5 box Bus 1
3001 Leuven · FlandreSee on map
Contributed capital
10 184 068,75 €
Latest accounts
31/12/2023
Average workforce
3,3 ETP
Joint committees (1)
  • 200
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 4 financial years

2023202220212020
Income statement
Gross margin464,7 k €306,9 k €1,3 M €313,7 k €
EBITDA90,3 k €-195,6 k €957,7 k €138,1 k €
Operating result-1,6 M €-2,6 M €-2,6 M €-1,7 M €
Net result-1,5 M €-2,5 M €-2,4 M €-1,7 M €
Balance sheet
Equity2,1 M €1,5 M €4,1 M €2,7 M €
Total assets2,9 M €1,8 M €5,7 M €2,8 M €
Cash1,2 M €609,1 k €4,2 M €1,4 M €
Debts546,2 k €213,4 k €1,6 M €115,8 k €
Other
Workforce3,3 ETP4,8 ETP3,7 ETP1,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 6 ended

Active mandates

Bart Geers

Director · since 28 décembre 2023

Active
D'hooge Jan

Director · since 28 décembre 2023

Active
imec.xpand

Director · since 28 décembre 2023 · 0671.931.371

Represented by Peter Vanbekbergen

Active

Ended mandates

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Auditor · since 14 juin 2021 · until 10 juin 2024 · 0431.088.289

Represented by Bert Kegels (A01627)

Ended
Participatiemaatschappij Vlaanderen

Director · since 30 avril 2021 · until 08 juillet 2026 · 0455.777.660

Represented by Filip Goosens

Ended
Bart Geers

Director · since 18 septembre 2019

Ended
Christopher Japp

Director · since 18 septembre 2019

Ended

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Philipssite 5 3001 Leuven
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CHRISTY● Active
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CREANDO● Active
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DIGITAL UNITY● Active
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Full financial information

Source · NBB
2023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202107/06/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months19 months
Filing date25/06/202424/07/202307/04/202325/06/2021
General meeting10/06/202430/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202310/06/202425/06/2024DutchPDF
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged modelCorrection31/12/202113/06/202207/04/2023DutchPDF
Abridged model31/12/202113/06/202229/06/2022DutchPDF
Abridged model31/12/202014/06/202125/06/2021DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 6 ended

Active mandates

Bart Geers

Director · since 28 décembre 2023

Active
D'hooge Jan

Director · since 28 décembre 2023

Active
imec.xpand

Director · since 28 décembre 2023 · 0671.931.371

Represented by Peter Vanbekbergen

Active

Ended mandates

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Auditor · since 14 juin 2021 · until 10 juin 2024 · 0431.088.289

Represented by Bert Kegels (A01627)

Ended
Participatiemaatschappij Vlaanderen

Director · since 30 avril 2021 · until 08 juillet 2026 · 0455.777.660

Represented by Filip Goosens

Ended
Bart Geers

Director · since 18 septembre 2019

Ended
Christopher Japp

Director · since 18 septembre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-1,5 M €↑
  2. 2022
    Annual accounts 2022-2,5 M €↓
  3. 2021
    Annual accounts 2021-2,4 M €↓
  4. 2020
    Annual accounts 2020-1,7 M €
  5. 07/06/2019
    IncorporationPrivate limited company