Bankrupt · Opening faillissement (CBE)

MEDLY

BE0676884311

Rechtspersoon Private limited company 1 establishment

MEDLY is an IT company in Hasselt. Private Limited, started on 16 June 2017, 1 establishment.

Koning Boudewijnlaan 20 box A, 3500 Hasselt

Behind the company: El-Hassan Abdou.

Start date

16 June 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.

  • Busy address KBO

    86 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

MEDLY from Hasselt, company number BE0676884311, closed financial year 2024 with a result of € -25,530 after tax. For that financial year MEDLY recorded a gross margin of € 53,219 and equity of € -99,768. Compared with financial year 2023, the result moved from € -97,909 to € -25,530. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 4, 2025.

What it is worth Caution

€ -99,768

▼ € 13,355 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -25,530

▲ 74 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 24

▼ € 9,069 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -118,318.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 58,670

▲ 17% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,424

▼ 66% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 21,314

▲ 174% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 20,699

▲ 23% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 33,738 € -30,501 € 53,219 ▲ € 83,720
Profit after taxes € 9,905 € -97,909 € -25,530 ▲ € 72,379
Equity € 11,495 € -86,413 € -99,768 ▼ € 13,355
Total debts € 102,279 € 146,885 € 133,501 ▼ 9%
Cash € 55,079 € 9,093 € 24 ▼ € 9,069
Retained profit € 5,120 € -92,788 € -118,318 ▼ € 25,530
Bank debt € 25,320 € 25,320 € 0 ▼ 100%
Balance sheet total € 113,775 € 60,472 € 33,733 ▼ 44%

Key figures of MEDLY, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.

What happened to MEDLY?

What happened at MEDLY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MEDLY is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 25,530. filed late Source: NBB ↗
  • New establishment in Hasselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,905 profit in 2022 to € 25,530 loss in 2024.

Paid € 4,407 in corporate taxes since 2022.

Best year ever: 2022, with € 9,905 profit.

Management

El-Hassan Abdou
MEDLY

Behind MEDLY is El-Hassan Abdou.

Directors

According to the 2024 annual accounts

El-Hassan Abdou

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Koning Boudewijnlaan 20 box A

3500 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.

All companies at this address →

+81 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0676.884.311
VAT number
BE 0676.884.311
Registered office
Koning Boudewijnlaan 20 bus A, 3500 Hasselt
Names & denominations
MEDLY
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
16 June 2017
Peppol
Not registered
Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

Groothandel in groenten en fruit, muv consumptieaardappelen

Groothandel in consumptieaardappelen

Ontwerpen van computerprogramma’s

Ontwerpen en programmeren van computerprogramma's

Frequently asked questions

What does MEDLY do?
MEDLY is an IT company in Hasselt. Private Limited, started on 16 June 2017, 1 establishment.
What is the address of MEDLY?
The registered office of MEDLY is located at Koning Boudewijnlaan 20 box A, 3500 Hasselt.
Is MEDLY still active?
No. The CBE lists MEDLY with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MEDLY registered on Peppol?
No, MEDLY is currently not registered on the Peppol network.
What is the enterprise number of MEDLY?
The enterprise number of MEDLY is BE0676884311.
When was MEDLY founded?
MEDLY was founded on 16 June 2017.