BizzUp
ActiveSummary
BizzUp has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€96,667) and a net result of €33,480. Equity is growing by about 5.4% per year across the filed financial years. Its solvency ranks better than 5% of 2,592 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- -€96,667
- Profit
- €33,480
Why 55raises riskCapped at 59: negative equityNegative equity -€96,667Figures for financial year 2025 (filed 30-09-2025)lowers riskSize: total assets €22,523Sector: Education (NACE 85)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 85, micro): better than 6% on solvency, 4% on liquidity, 90% on profitability and 74% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €33,480
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €36,141 after a loss of €19,432 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €571 | €571 | €39 | €2,533 | €3,563 | €3,958 | €1,561 | ▼ 60.6% |
| Other operating charges640/8 | - | - | - | €595 | €538 | €505 | €1,399 | ▲ 177% |
| Gross operating margin9900 | -€52,578 | -€26,110 | €9,321 | €17,800 | €18,113 | -€14,970 | €39,100 | - |
| Operating profit (loss)9901 | -€53,578 | -€27,118 | €8,952 | €14,672 | €14,012 | -€19,432 | €36,141 | - |
| Financial income75/76B | - | - | - | €0 | - | €0 | €24 | ▲ 63× |
| Recurring financial income75 | - | - | - | €0 | - | €0 | €24 | ▲ 63× |
| Financial charges65/66B | - | - | - | €446 | €316 | €290 | €2,458 | ▲ 747% |
| Recurring financial charges65 | €935 | €779 | €637 | €446 | €316 | €290 | €2,458 | ▲ 747% |
| Profit (loss) for the period before taxes9903 | -€54,513 | -€27,897 | €8,315 | €14,226 | €13,696 | -€19,722 | €33,707 | - |
| Income taxes67/77 | €354 | €322 | €290 | €285 | €320 | €341 | €227 | ▼ 33.5% |
| Profit (loss) for the period9904 | -€54,867 | -€28,219 | €8,025 | €13,941 | €13,376 | -€20,063 | €33,480 | - |
| Profit (loss) for the period to be appropriated9905 | -€54,867 | -€28,219 | €8,025 | €13,941 | €13,376 | -€20,063 | €33,480 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €17,970 | €1,995 | €4,004 | €16,597 | €9,382 | €7,908 | €22,523 | ▲ 185% |
| Fixed assets21/28 | €871 | €300 | €2,141 | €8,950 | €6,808 | €2,850 | €1,640 | ▼ 42.5% |
| Tangible fixed assets22/27 | €571 | - | €1,841 | €8,650 | €6,508 | €2,550 | €1,640 | ▼ 35.7% |
| Furniture and vehicles24 | - | - | - | €7,185 | €5,419 | €1,837 | €1,303 | ▼ 29.1% |
| Other tangible fixed assets26 | - | - | - | €1,465 | €1,089 | €713 | €337 | ▼ 52.7% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | €300 | €0 | ▼ 100% |
| Current assets29/58 | €17,099 | €1,695 | €1,863 | €7,647 | €2,574 | €5,058 | €20,884 | ▲ 313% |
| Amounts receivable within one year40/41 | €12,946 | €1,231 | €653 | €6,468 | €1,715 | €4,577 | €18,383 | ▲ 302% |
| Trade receivables40 | - | - | - | €6,168 | €1,700 | €4,577 | €18,383 | ▲ 302% |
| Other amounts receivable41 | - | - | - | €300 | €15 | €0 | - | - |
| Cash at bank and in hand54/58 | €202 | €1 | €1 | - | €201 | - | €933 | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,179 | €658 | €481 | €1,567 | ▲ 226% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €17,970 | €1,995 | €4,004 | €16,597 | €9,382 | €7,908 | €22,523 | ▲ 185% |
| Equity10/15 | -€117,206 | -€145,425 | -€137,400 | -€123,459 | -€110,083 | -€130,147 | -€96,667 | ▲ 25.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€135,806 | -€164,025 | -€156,000 | -€142,059 | -€128,683 | -€148,747 | -€115,267 | ▲ 22.5% |
| Amounts payable17/49 | €135,176 | €147,420 | €141,404 | €140,057 | €119,465 | €138,055 | €119,190 | ▼ 13.7% |
| Amounts payable after more than one year17 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Other amounts payable178/9 | - | - | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Amounts payable within one year42/48 | €125,176 | €137,420 | €131,404 | €130,057 | €109,465 | €128,055 | €109,190 | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,494 | - | - | - | - |
| Financial debts43 | - | - | - | €648 | - | €1,853 | - | - |
| Credit institutions430/8 | - | - | - | €648 | - | €1,853 | - | - |
| Trade debts44 | €631 | €511 | €1,075 | €2,720 | €2,336 | €1,739 | €11,608 | ▲ 567% |
| Suppliers440/4 | - | - | - | €2,300 | €2,336 | €1,739 | €11,608 | ▲ 567% |
| Bills of exchange payable441 | - | - | - | €420 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €2,089 | €1,825 | €1,915 | €5,089 | ▲ 166% |
| Taxes450/3 | - | - | - | €2,089 | €1,825 | €1,915 | €5,089 | ▲ 166% |
| Other amounts payable47/48 | - | - | - | €121,105 | €105,304 | €122,547 | €92,493 | ▼ 24.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54,867 | -€28,219 | €8,025 | €13,941 | €13,376 | -€20,063 | €33,480 | - |
| + Depreciation and write-downs630 | €571 | €571 | €39 | €2,533 | €3,563 | €3,958 | €1,561 | ▼ 60.6% |
| Operating cash flow (approximation) | -€54,296 | -€27,648 | €8,064 | €16,474 | €16,939 | -€16,106 | €35,041 | - |
| Investment in fixed assets (approximation) | - | €0 | -€1,880 | -€9,341 | -€1,421 | €0 | -€350 | - |
| Change in cash | - | -€201 | €0 | - | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 29-09-2025 | 2025-00511467 |
| 31-03-2024 | micro format | 07-10-2024 | 2024-00499775 |
| 31-03-2023 | micro format | 19-10-2023 | 2023-00489584 |
| 31-03-2022 | micro format | 04-10-2022 | 2022-20452043 |
| 31-03-2021 | micro format | 30-09-2021 | 2021-69900333 |
| 31-03-2020 | micro format | 27-10-2020 | 2020-67300145 |
| 31-03-2019 | micro format | 28-10-2019 | 2019-71700311 |
| 31-03-2018 | micro format | 29-10-2018 | 2018-70600478 |
| 31-03-2017 | micro format | 24-10-2017 | 2017-68100013 |
| 31-03-2016 | full format | 29-09-2016 | 2016-63200506 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 06-02-2024 Converted to unavailable equity
Group and network
Connections & network
The board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
06-02
Gazette deed
Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Amendment of the articles5 facts ▸
- General meeting, 15-12-2023
- Other provision, 01-01-2020, “conversion légale mandat gérant” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Reserve release, “suppression, rendre disponibles ces moyens pour distribution” (deed in French)
- Amendment of the articles
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Av. Cte Gérard d'Ursel 1541390 Grez-Doiceau1 establishment unit
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “À l'organisation de séminaires et de cours relatifs à toutes les problématiques de l'entreprise,notamment les études de marché,les problèmes…” (deed in French)
13 activities (deed in French)
- À l'organisation de séminaires et de cours relatifs à toutes les problématiques de l'entreprise,notamment les études de marché,les problèmes de gestion,les problèmes humains
- À la fourniture de services de toute nature dans le cadre de la mission de consultant et de conseil en organisation d'entreprises,en gestion d'entreprises,en marketing,étude de marché,promotions de ventes,sondages d’opinions
- À la fourniture des services aux entreprises et aux particuliers dans le domaine de l'organisation,marketing,financier et gestion au sens le plus large,ainsi que dans le domaine de la publicité
- À la fourniture de services proposés dans le cadre de mission d'intermédiaire au sens le plus large du terme et dans tous les domaines et à l'achat,la vente,l'importation et l'exportation de tous biens ou produits
- Le conseil en installation d’entreprises(start-up)
- Le conseil en organisation du travail,les audits sociaux et d’organisation des entreprises,des acquisitions
- Les cessions ou toute autre activité ayant trait à la restructuration des entreprises
- La formation et le coaching,le recrutement,la gestion de projets,l’intérim management et la gestion des compétences
- Toute autre activité attachée à la gestion de l’entreprise
- La vente de polices et procédures
- Toute activité de conseil,la gestion des projets et l’étude de faisabilité liés à la domotique,l’informatique,les télécommunications,la décoration,les métiers de l’image et du son,la formation,et la coordination de chantiers afférents aux métiers de la construction
- L’achat et la vente du matériel nécessaire à la mise en place de solutions et projets liés aux activités décrites ci-dessus
- L’organisation de tous types d’évènements,fêtes,réceptions,réunions,séminaires,expositions,spectacles,loisirs,festivals,manifestations
- Name clauseThe name the company operates under according to its articles.
- BizzUp
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration peut déplacer siège en Belgique sauf modification langue statuts par réglementation linguistique” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée,qualité administrateur statutaire si nommés dans statuts, assemblée générale peut mettre fin à tout…” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of September at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Commissaire ou défaut réviseur ou expert-comptable certifié désigné par organe rapporte fidélité, proposition objet rapport justificatif…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed