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AD UP

Active
Private limited companyfounded 2021active for 5 yearsHenri Liebrechtlaan 25, 1090 Jette, BelgiumKBO/BCE: BE 0765.500.838
Summary

The computed 12-month bankruptcy probability of AD UP is 17.2% (high). The 2024 annual accounts show negative equity (-€22,035) and a net result of €3,211. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 5% of 35,968 sector peers (NACE 43, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€71,327turnover 2024
Equity
-€22,035
Profit
€3,211
Financial health
15 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
17.2%
Structure
Accounts 76 days overdue1 of 3 deeds read
Why 15raises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBOFigures for financial year 2024 (filed 22-09-2025)1 financial year not filed after the legal deadline; latest accounts 44 days late; 3 of the last 3 lateShow the evidence

Checked score

Score 2024
15 / 100
Critical
Probability in this band: over 15.0%
Financially better than 31% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -75.2% of total assets
Liquidity 4-9
short-term debt 175.2% · cash 3.0%
Profitability 65+65
return on assets 11.0%
Bankruptcy probability, 12 months
17.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 13.1% 12-2024: 22.6%▲ +9.5 percentage points vs 11-2024highest value 01-2025: 12.7%▼ -9.9 percentage points vs 12-2024 02-2025: 12.7%● unchanged vs 01-2025 03-2025: 12.5%▼ -0.2 percentage points vs 02-2025 04-2025: 14.5%▲ +2.0 percentage points vs 03-2025 05-2025: 15.1%▲ +0.6 percentage points vs 04-2025 06-2025: 15.0%▼ -0.1 percentage points vs 05-2025 07-2025: 14.9%▼ -0.1 percentage points vs 06-2025 08-2025: 15.6%▲ +0.7 percentage points vs 07-2025 09-2025: 15.7%▲ +0.1 percentage points vs 08-2025 10-2025: 9.6%▼ -6.1 percentage points vs 09-2025lowest value 11-2025: 9.6%● unchanged vs 10-2025lowest value 12-2025: 9.6%● unchanged vs 11-2025lowest value 01-2026: 9.7%▲ +0.1 percentage points vs 12-2025 02-2026: 9.6%▼ -0.1 percentage points vs 01-2026 03-2026: 9.7%▲ +0.1 percentage points vs 02-2026 04-2026: 20.0%▲ +10.3 percentage points vs 03-2026 05-2026: 19.8%▼ -0.2 percentage points vs 04-2026 06-2026: 19.8%● unchanged vs 05-2026 07-2026: 19.8%● unchanged vs 06-2026 08-2026: 12.2%▼ -7.6 percentage points vs 07-2026 09-2026: 13.3%▲ +1.1 percentage points vs 08-2026 10-2026: 17.2%▲ +3.9 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.4, compared with 0.2 in 2023, below 1; short-term debt: 175.2% and cash: 3% of total assets), and equity is negative.
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 43, micro): better than 3% on solvency, 4% on liquidity, 31% on profitability and 87% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Eight signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Figures for financial year 2024 (filed 22-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 44 days late; 3 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 35968 sector peers (2024).
NBB · sector comparison
Position among 35968 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-09-2025, 44 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
44 days late
2023
125 days late
2022
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 107 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
  1. Registered officeRegistered-office move · Power of…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Address strikeout annulledKBO administration

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€22,035 View
  • Caution: Among the weakest 5% on solvencysector median 46.6% · 35,968 companies -75.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View

By topic

Financials

Financial year
2024
Turnover
€71,327
Profit
€3,211
Solvency
-75.2%
Go to Financials

Timeline

Events
7
Since
2023
  1. 31-12-2024Back to profit
  2. 03-12-2024Annual accounts filed
  3. 18-11-2024Address struck
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
22-03-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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