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123UPLA

Active
Private limited companyfounded 20205 years activeKortrijksesteenweg 1142, 9051 Gent, BelgiumKBO/BCE: BE 0756.457.369
Summary

123UPLA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €93,141. Equity is growing by ~36.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 1,106 sector peers (NACE 77, fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Renting and leasing of cars and light motor vehicles
NACE 77110
1 site
Size
€8.0mtotal assets 2025
Staff
0.6 FTE
Equity
€1.8m
Profit
€93,141
Turnover not published (abridged schema)
Financial health
67 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.9%
Structure
Accounts filed 13 days late3 of 9 deeds read
Why 67- Liquidity: current ratio 0.54, cash €268,538- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 15-05-2026)+ Size: 0.6 FTE, total assets €8.0mShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 47% of its sector peers (NACE 77, micro)
Financial strength · tick = 2024
Average
Solvency 48-2
equity 22.7% of total assets
Liquidity 41-2
short-term debt 30.8% · cash 3.4%
Profitability 70-7
return on assets 1.2%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,159 companies)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.5%▲ +0.2 percentage points vs 12-2024 02-2025: 0.7%▲ +0.2 percentage points vs 01-2025 03-2025: 1.0%▲ +0.3 percentage points vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%▼ -0.2 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.5 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 1.5%▲ +1.0 percentage point vs 01-2026 03-2026: 1.7%▲ +0.2 percentage points vs 02-2026 04-2026: 2.1%▲ +0.4 percentage points vs 03-2026 05-2026: 2.7%▲ +0.6 percentage points vs 04-2026highest value 06-2026: 1.0%▼ -1.7 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 0.9%▼ -0.1 percentage points vs 09-2026
Credit up to €120,000 at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.52 in 2024; short-term debt: 30.8% and cash: 3.4% of total assets), and 77.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro): better than 39% on solvency, 41% on liquidity, 52% on profitability and 55% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Figures for FY 2025 (filed 15-05-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.54, cash €268,538
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Size: 0.6 FTE, total assets €8.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filings
Deviation from the deadline
2025
13 days late
2024
8 days early
2023
28 days early
2022
33 days early
2021
130 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 April (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarPower of attorney
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Statutes amendmentIncorporation · Name change ·…

Key points

  • Caution: Result fell in 2025from €440,333 to €93,141 ▼ 78.8% View
  • Positive: Among the best 13% on equitysector median €257,740 · 1,106 companies €1.8m View
  • Directors leftlatest change 19-12-2025 · 0 in office 2 left View
  • Positive: 5 profitable years in a rowprofit 2025: €93,141 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€8.0m
Profit
€93,141
Solvency
22.7%
Total assets▲ 17.6%
Net result
20212025
Go to Financials

Timeline

Events
12
Since
2021
Next accounts
by 30-04-2027
  1. 02-01-2026Resignations: BV M.N. Advies (director) and Nico…
  2. 30-09-2025Weakest financial year
  3. 22-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and leasing of cars and light motor…NACE 77110
Founded
12-10-2020
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
24
Financial year
From 1 January to 31 December
Annual meeting
Last Saturday of May at 17:00
Go to Articles of association

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