Bankrupt · Opening faillissement (CBE)

BALO BV

BE0772687647

Rechtspersoon Private limited company 1 establishment

BALO BV is a hospitality business in Beveren-Kruibeke-Zwijndrecht. Private Limited, started on 19 August 2021, 1 establishment.

O.L.Vrouwplein 9, 9150 Beveren-Kruibeke-Zwijndrecht

Behind the company: Filiz Ozturk, Manuela Ozturk.

Start date

19 August 2021

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 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 23 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

BALO BV from Beveren-Kruibeke-Zwijndrecht, company number BE0772687647, closed financial year 2023 with a result of € -1,985 after tax. For that financial year BALO BV recorded a gross margin of € 101,237 and equity of € -18,705. Compared with financial year 2022, the result moved from € -26,720 to € -1,985. 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 July 19, 2024.

What it is worth Caution

€ -18,705

▼ € 1,985 vs 2022

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

Loss Caution

€ -1,985

▲ 93 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 10,227

▼ 17% 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 € -28,705.

People and assets in 2023

Wage cost

€ 93,080

▼ 9% vs 2022

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

€ 27,714

▼ 11% vs 2022

Of which on lease € 20,541.

Debts at end 2023

Bank debt ≈ 5 years to go

€ 51,784

▼ 14% vs 2022

€ 10,895 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 10,180

▼ 43% vs 2022

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

Taxes and wages

€ 17,099

▲ 5% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20222023Change 2022 → 2023
Gross margin € 85,230 € 101,237 ▲ 19%
Profit after taxes € -26,720 € -1,985 ▲ € 24,735
Equity € -16,720 € -18,705 ▼ € 1,985
Total debts € 94,524 € 93,472 ▼ 1%
Cash € 12,350 € 10,227 ▼ 17%
Retained profit € -26,720 € -28,705 ▼ € 1,985
Bank debt € 60,150 € 51,784 ▼ 14%
Balance sheet total € 77,804 € 74,766 ▼ 4%

Key figures of BALO BV, fiscal years 2022 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 BALO BV?

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

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

  • New annual accounts for financial year 2023: loss of € 1,985. Source: NBB ↗
  • New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
  • Start of the company according to the CBE. KBO
  • Filiz Ozturk became a director. NBB
  • Manuela Ozturk became a director. NBB

In short

From € 26,720 loss in 2022 to € 1,985 loss in 2023.

Management

Filiz Ozturk Manuela Ozturk
BALO BV

Behind BALO BV are Filiz Ozturk and Manuela Ozturk.

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Directors

According to the 2023 annual accounts

Filiz Ozturk

Director

since 2021

Manuela Ozturk

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

O.L.Vrouwplein 9

9150 Beveren-Kruibeke-Zwijndrecht

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

Details

Company number
0772.687.647
VAT number
BE 0772.687.647
Registered office
O.L.Vrouwplein 9, 9150 Beveren-Kruibeke-Zwijndrecht
Names & denominations
BALO BV
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 August 2021
Peppol
Active · Active since 18 Jun 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does BALO BV do?
BALO BV is a hospitality business in Beveren-Kruibeke-Zwijndrecht. Private Limited, started on 19 August 2021, 1 establishment.
What is the address of BALO BV?
The registered office of BALO BV is located at O.L.Vrouwplein 9, 9150 Beveren-Kruibeke-Zwijndrecht.
Is BALO BV still active?
No. The CBE lists BALO BV 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 BALO BV registered on Peppol?
Yes, BALO BV is registered on the Peppol network with ID 0208:0772687647.
What is the enterprise number of BALO BV?
The enterprise number of BALO BV is BE0772687647.
When was BALO BV founded?
BALO BV was founded on 19 August 2021.