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BRIDGE UP

Active
Private limited companyfounded 20224 yrs activeRue Rosa Luxembourg 125G, 4630 Soumagne, BelgiumKBO/BCE: BE 0789.989.576
Summary

BRIDGE UP has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €680,939 and a net result of €386,896. Equity is growing by ~111.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+18
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 4.61 against 2.13 in 2023; short-term debt: 20.8% and cash: 18.2% of total assets), and 20.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
79.2%
Return on assets
45%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
42 d early
2022
7 d 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 26 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 August 2022, BRIDGE UP was incorporated as a Private limited company.1 Total assets went from EUR 65,541 in 2022 to EUR 859,642 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€680,939▲ 130%
2023 · €295,653
Total assets
€859,642▲ 67.1%
2023 · €514,356
Net result
€386,896▲ 40.1%
2023 · €276,144
Working capital
€644,657▲ 161%
2023 · €247,408
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€2,933-€365,880▲ 12,377%€514,218▲ 40.5%
Net result€2,009within the sector's middle half-€276,144above the sector's middle half▲ 13,643%€386,896above the sector's middle half▲ 40.1%
Equity€19,509within the sector's middle half-€295,653above the sector's middle half▲ 1,415%€680,939above the sector's middle half▲ 130%
Total assets€65,541within the sector's middle half-€514,356above the sector's middle half▲ 685%€859,642above the sector's middle half▲ 67.1%
Debt€46,032-€218,703▲ 375%€178,703▼ 18.3%
Working capital€18,318within the sector's middle half-€247,408above the sector's middle half▲ 1,251%€644,657above the sector's middle half▲ 161%
Solvency29.8%within the sector's middle half-57.5%within the sector's middle half▲ 27.7pp79.2%above the sector's middle half▲ 21.7pp
Current ratio1.40within the sector's middle half-2.13within the sector's middle half▲ 0.734.61above the sector's middle half▲ 2.48
Return on assets (ROA)3.1%within the sector's middle half-53.7%above the sector's middle half▲ 50.6pp45.0%above the sector's middle half▼ 8.7pp
Staff (FTE)0.6
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2022: €2,933€2,933Net result 2022: €2,009€2,009Operating result 2023: €365,880€365,880Net result 2023: €276,144€276,144Operating result 2024: €514,218€514,218Net result 2024: €386,896€386,896202220232024€0€200,000€400,000€600,000Operating result 2022: €2,933€2,930Net result 2022: €2,009€2,010Operating result 2023: €365,880€366,000Net result 2023: €276,144€276,000Operating result 2024: €514,218€514,000Net result 2024: €386,896€387,000202220232024
The operating result has risen two years in a row; 2024 is 41% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €859,642
Fixed assets €36,479 ▼ 24.7%
Current assets €823,163 ▲ 76.7%
Equity and liabilities €859,642
Equity €680,939 ▲ 130%
Debt €178,703 ▼ 18.3%
Debt's share of the balance-sheet total falls from 42.5% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€525,152▲
2023 · €372,525
Cash flow
€397,830▲
2023 · €282,788
Debt to equity
0.26▼
2023 · 0.74
ROE
56.8%▼
2023 · 93.4%
Interest coverage
367.18▼
2023 · 620.54
Debt ≤ 1 year
€178,506▼
2023 · €218,477
Income taxes
€125,893▲
2023 · €89,143
Staff costs
€43,904▲
2023 · €26,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€514,356€859,642▲
Fixed assets21/28€48,471€36,479▼
Tangible fixed assets22/27€48,471€36,479▼
Furniture and vehicles24€48,471€36,479▼
Current assets29/58€465,885€823,163▲
Amounts receivable within one year40/41€183,449€311,636▲
Trade receivables40€183,449€311,636▲
Current investments50/53-€300,000
Cash at bank and in hand54/58€241,713€156,163▼
Deferred charges and accrued income490/1€40,724€55,363▲
Equity and liabilities
Total equity and liabilities10/49€514,356€859,642▲
Equity10/15€295,653€680,939▲
Contributions10/11€17,500€17,500=
Profit (loss) carried forward14€278,153€663,439▲
Amounts payable17/49€218,703€178,703▼
Amounts payable within one year42/48€218,477€178,506▼
Financial debts43-€15
Credit institutions430/8-€15
Trade debts44€117,239€131,148▲
Suppliers440/4€117,239€131,148▲
Taxes, remuneration and social security45€63,766€45,615▼
Taxes450/3€60,676€40,716▼
Remuneration and social security454/9€3,090€4,898▲
Other amounts payable47/48€37,472€1,728▼
Accrued charges and deferred income492/3€226€197▼
Income statement Code20232024
Remuneration, social security and pensions62€26,122€43,904▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,644€10,934▲
Other operating charges640/8€536€250▼
Gross operating margin9900€399,182€569,306▲
Operating profit (loss)9901€365,880€514,218▲
Financial income75/76B€7€1▼
Recurring financial income75€7€1▼
Financial charges65/66B€600€1,430▲
Recurring financial charges65€600€1,430▲
Profit (loss) for the period before taxes9903€365,287€512,789▲
Income taxes67/77€89,143€125,893▲
Profit (loss) for the period9904€276,144€386,896▲
Profit (loss) for the period to be appropriated9905€276,144€386,896▲
Appropriation of the result
Profit (loss) to be appropriated9906€278,153€665,049▲
Profit (loss) brought forward from the previous period14P€2,009€278,153▲
Profit to be distributed694/7-€1,611
Return on contributions (dividend)694-€1,611

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62-€26,122€43,904▲ 68.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74€6,644€10,934▲ 64.6%
Other operating charges640/8-€536€250▼ 53.3%
Gross operating margin9900€3,006€399,182€569,306▲ 42.6%
Operating profit (loss)9901€2,933€365,880€514,218▲ 40.5%
Financial income75/76B-€7€1▼ 84.5%
Recurring financial income75-€7€1▼ 84.5%
Financial charges65/66B€173€600€1,430▲ 138%
Recurring financial charges65€173€600€1,430▲ 138%
Profit (loss) for the period before taxes9903€2,759€365,287€512,789▲ 40.4%
Income taxes67/77€750€89,143€125,893▲ 41.2%
Profit (loss) for the period9904€2,009€276,144€386,896▲ 40.1%
Profit (loss) for the period to be appropriated9905€2,009€276,144€386,896▲ 40.1%
Line202220232024Change
Assets
Total assets20/58€65,541€514,356€859,642▲ 67.1%
Fixed assets21/28€1,255€48,471€36,479▼ 24.7%
Tangible fixed assets22/27€1,255€48,471€36,479▼ 24.7%
Furniture and vehicles24€1,255€48,471€36,479▼ 24.7%
Current assets29/58€64,286€465,885€823,163▲ 76.7%
Amounts receivable within one year40/41€60,273€183,449€311,636▲ 69.9%
Trade receivables40€59,060€183,449€311,636▲ 69.9%
Other amounts receivable41€1,213---
Current investments50/53--€300,000-
Cash at bank and in hand54/58€826€241,713€156,163▼ 35.4%
Deferred charges and accrued income490/1€3,188€40,724€55,363▲ 35.9%
Equity and liabilities
Total equity and liabilities10/49€65,541€514,356€859,642▲ 67.1%
Equity10/15€19,509€295,653€680,939▲ 130%
Contributions10/11€17,500€17,500€17,500=
Profit (loss) carried forward14€2,009€278,153€663,439▲ 139%
Amounts payable17/49€46,032€218,703€178,703▼ 18.3%
Amounts payable within one year42/48€45,968€218,477€178,506▼ 18.3%
Financial debts43--€15-
Credit institutions430/8--€15-
Trade debts44€36,921€117,239€131,148▲ 11.9%
Suppliers440/4€36,921€117,239€131,148▲ 11.9%
Taxes, remuneration and social security45€800€63,766€45,615▼ 28.5%
Taxes450/3€800€60,676€40,716▼ 32.9%
Remuneration and social security454/9-€3,090€4,898▲ 58.5%
Other amounts payable47/48€8,247€37,472€1,728▼ 95.4%
Accrued charges and deferred income492/3€64€226€197▼ 12.8%
Line202220232024Change
Profit (loss) for the period9904€2,009€276,144€386,896▲ 40.1%
+ Depreciation and write-downs630€74€6,644€10,934▲ 64.6%
Operating cash flow (approximation)€2,083€282,788€397,830▲ 40.7%
Investment in fixed assets (approximation)--€53,860€1,058▲ 102%
Change in cash-€240,887-€85,549▼ 136%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €386,896 ▲40.1%
Operating result €514,218, net result €386,896, both a record.
31-12
Financial Liquidity doublescurrent ratio 4.61
Current ratio from 2.13 to 4.61; short-term debt falls from €218,477 to €178,506.
31-12
Financial Equity above €500,000Eq €680,939 ▲130%
3 profitable years in a row build equity to €680,939.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200,000Eq €295,653 ▲1,415%
2 profitable years in a row build equity to €295,653.
07-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Soumagne · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,451 m²
Building footprint
154 m²
Volume, LiDAR
841 m³
Parcel 62099C0275/00K000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRIDGE UP
Rue Rosa Luxembourg 125G, 4630 SoumagneActivities of head offices; management consultancy activities
since 20222.334.855.425
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62099C0275/00K000 Wallonia 1,451 m² 1 · 154 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845000C01E56C2ES952
live in the LEI register

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 3,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Contact
E-mail marie.dubreucq@bridgeup.be
Phone +32455127924
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789989576
Also 9925:BE0789989576
Registered 06-09-2022

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.