Bankrupt · Opening faillissement (CBE)

Pulsify Medical

BE0727875726

Rechtspersoon Private limited company 1 establishment

Pulsify Medical is registered with the CBE as active in: Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur. Private Limited, started on 7 June 2019, 1 establishment.

Philipssite 5 box Bus 1, 3001 Leuven

Behind the company: D'hooge Jan, Bart Geers, Imec.Xpand Comm.V.

Start date

7 June 2019

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Figures corrected NBB

    Corrected annual account filed for 2021.

  • Busy address KBO

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

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Pulsify Medical from Leuven, company number BE0727875726, closed financial year 2023 with a result of € -1.5 million after tax. For that financial year Pulsify Medical recorded a gross margin of € 464,654 and equity of € 2.1 million. Compared with financial year 2022, the result moved from € -2.5 million to € -1.5 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2024.

What it is worth Growing

€ 2.1 million

▲ 39% vs 2022

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

Loss Caution

€ -1.5 million

▲ 41 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 1.2 million

▲ 98% vs 2022

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 € -8.1 million.

People and assets in 2023

Full-time equivalents

3.3

▼ 1.5 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 372,594

▼ 26% vs 2022

€ 112,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2023

Bank debt

None

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

Owed to suppliers

€ 508,595

▲ 216% vs 2022

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

Wages and social charges

€ 37,596

▼ 28% vs 2022

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 1,306,749 € 306,869 € 464,654 ▲ 51%
Profit after taxes € -2,358,820 € -2,536,769 € -1,486,183 ▲ € 1.1 million
Equity € 4,076,745 € 1,539,976 € 2,133,762 ▲ 39%
Total debts € 1,649,919 € 289,409 € 724,143 ▲ 150%
Cash € 4,220,662 € 609,092 € 1,203,575 ▲ 98%
Retained profit € -4,027,355 € -6,564,124 € -8,050,307 ▼ € 1.5 million
Balance sheet total € 5,726,664 € 1,829,385 € 2,857,904 ▲ 56%
Employees (FTE) 3.7 4.8 3.3 ▼ 1.5

Key figures of Pulsify Medical, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Pulsify Medical?

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

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

  • New annual accounts for financial year 2023: loss of € 1.5 million. Source: NBB ↗
  • D'hooge Jan became a director. NBB
  • Bart Geers became a director. NBB
  • Imec.Xpand Comm.V became a director. NBB
  • New establishment in Leuven. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2.4 million loss in 2021 to € 1.5 million loss in 2023.

On average € 140,800 of value added per employee in 2023.

Management

The stake of imec.xpand, Interuniversitair Micro-Electronica Centrum, Participatiemaatschappij Vlaanderen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Pulsify Medical

Behind Pulsify Medical are D'hooge Jan, Bart Geers and Imec.Xpand Comm.V. The shares are held by imec.xpand (27.6%), Interuniversitair Micro-Electronica Centrum (17.8%) and Participatiemaatschappij Vlaanderen (15.5%).

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Directors

According to the 2023 annual accounts

D'hooge Jan

Director

since 2023

Bart Geers

Director

since 2023

Imec.Xpand Comm.V

Director · represented by Peter Vanbekbergen

Also active at: Morrow, Spectricity, Pharrowtech, Azalea Vision

since 2023

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Philipssite 5 box Bus 1

3001 Leuven

2.289.949.076

Philipssite 5 box 1

3001 Leuven

Active since 7 June 2019

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

Details

Company number
0727.875.726
VAT number
BE 0727.875.726
Registered office
Philipssite 5 bus Bus 1, 3001 Leuven
Names & denominations
Pulsify Medical
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
7 June 2019
Peppol
Not registered
Activities · NACE

Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur

Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden

Frequently asked questions

What does Pulsify Medical do?
Pulsify Medical is registered with the CBE as active in: Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur. Private Limited, started on 7 June 2019, 1 establishment.
What is the address of Pulsify Medical?
The registered office of Pulsify Medical is located at Philipssite 5 box Bus 1, 3001 Leuven.
Is Pulsify Medical still active?
No. The CBE lists Pulsify Medical 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 Pulsify Medical registered on Peppol?
No, Pulsify Medical is currently not registered on the Peppol network.
What is the enterprise number of Pulsify Medical?
The enterprise number of Pulsify Medical is BE0727875726.
When was Pulsify Medical founded?
Pulsify Medical was founded on 7 June 2019.