BuildUp
Dissolution or liquidationThe KBO register records for BuildUp the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (€-5.35M) and a net result of €-5k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-5.35M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
217 d late
2023
133 d late
2022
60 d late
2021
17 d late
2020
31 d late
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-5.35M▼ 0.1%
2024 · €-5.34M
2019: €1.22M
2020: €561k
2021: €1.16M
2022: €2.04M
2023: €-513k
2024: €-5.34M
2019 → 2025
Total assets
€2.56M▼ 40.3%
2024 · €4.29M
2019: €2.20M
2020: €2.25M
2021: €6.86M
2022: €5.92M
2023: €3.76M
2024: €4.29M
2019 → 2025
Net result
€-5k▲ 99.9%
2024 · €-4.83M
2019: €181k
2020: €-658k
2021: €-2.91M
2022: €-2.94M
2023: €-2.55M
2024: €-4.83M
2019 → 2025
Working capital
€414k▼ 78.8%
2024 · €1.95M
2019: €32k
2020: €-526k
2021: €652k
2022: €853k
2023: €-1.56M
2024: €1.95M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.16M-€2.04M▲ 76.3%€-513k€-5.34M▼ 941%€-5.35M▼ 0.1%
Operating result€-2.85M-€-2.86M▼ 0.1%€-2.46M▲ 13.9%€-4.52M▼ 83.8%€227k
Net result€-2.91M-€-2.94M▼ 1.3%€-2.55M▲ 13.3%€-4.83M▼ 89.3%€-5k▲ 99.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €227k after a loss of €4.52M in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.56M
Fixed assets
€580k▼ 1.4%
Current assets
€1.98M▼ 46.5%
Key figures and ratios
EBITDA
€231k▲
2024 · €-3.00M
Cash flow
€-2k▲
2024 · €-3.31M
Solvency
-208.5%▼
2024 · -124.4%
Current ratio
1.26▼
2024 · 2.11
Quick ratio
1.23▼
2024 · 2.03
Debt / equity
-1.39▲
2024 · -1.67
ROA
-0.2%▲
2024 · -112.5%
Interest coverage
0.75▲
2024 · -15.95
Debt
€7.42M▼
2024 · €8.91M
Debt ≤ 1 year
€1.57M▼
2024 · €1.75M
Debt > 1 year
€5.79M▲
2024 · €5.58M
Income taxes
€2k▼
2024 · €110k
Staff costs
€1.12M▼
2024 · €1.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.29M€2.56M▼
Fixed assets21/28€588k€580k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€584k€580k▼
Plant, machinery and equipment23€32k€212k▲
Furniture and vehicles24€33k€33k=
Leasing and similar rights25€519k€335k▼
Other tangible fixed assets26€0-
Financial fixed assets28€4k€0▼
Current assets29/58€3.70M€1.98M▼
Stocks and contracts in progress3€148k€59k▼
Stocks30/36€148k€59k▼
Amounts receivable within one year40/41€2.89M€953k▼
Trade receivables40€756k€425k▼
Other amounts receivable41€2.14M€528k▼
Cash at bank and in hand54/58€608k€295k▼
Deferred charges and accrued income490/1€55k€675k▲
Equity and liabilities
Total equity and liabilities10/49€4.29M€2.56M▼
Equity10/15€-5.34M€-5.35M▼
Contributions10/11€7.54M€7.54M=
Revaluation surpluses12€0-
Reserves13€1.01M€1.01M=
Distributable reserves133€1.01M€1.01M=
Profit (loss) carried forward14€-13.88M€-13.89M=
Provisions and deferred taxes16€719k€485k▼
Provisions for liabilities and charges160/5€719k€485k▼
Taxes161€107k€10k▼
Other liabilities and charges164/5€612k€475k▼
Amounts payable17/49€8.91M€7.42M▼
Amounts payable after more than one year17€5.58M€5.79M▲
Financial debts170/4€5.58M€5.79M▲
Amounts payable within one year42/48€1.75M€1.57M▼
Current portion of amounts payable after more than one year42€180k€0▼
Financial debts43€500k€500k=
Credit institutions430/8€500k€500k=
Trade debts44€346k€770k▲
Suppliers440/4€346k€770k▲
Taxes, remuneration and social security45€706k€208k▼
Taxes450/3€259k€106k▼
Remuneration and social security454/9€447k€102k▼
Other amounts payable47/48€20k€90k▲
Accrued charges and deferred income492/3€1.58M€65k▼
Income statement
Code20242025
Non-recurring operating income76A€30k€0▼
Remuneration, social security and pensions62€1.47M€1.12M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.52M€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€588k€-340k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€425k€-386k▼
Other operating charges640/8€192k€134k▼
Gross operating margin9900€-324k€760k▲
Operating profit (loss)9901€-4.52M€227k▲
Financial income75/76B€2k€76k▲
Recurring financial income75€2k€76k▲
Financial charges65/66B€203k€307k▲
Recurring financial charges65€188k€307k▲
Non-recurring financial charges66B€15k€0▼
Profit (loss) for the period before taxes9903€-4.72M€-4k▲
Income taxes67/77€110k€2k▼
Profit (loss) for the period9904€-4.83M€-5k▲
Profit (loss) for the period to be appropriated9905€-4.83M€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13.88M€-13.89M=
Profit (loss) brought forward from the previous period14P€-9.06M€-13.88M▼
Social balance
Average headcount (FTE)908721.915.4▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
27-08
State Gazette act
Resignations & appointments · End & cessationGeneral meeting · Net-asset statement · Dissolution18 facts ▸
State Gazette act
Resignations & appointments · End & cessation
General meeting · Net-asset statement · Dissolution18 facts ▸
- General meeting, 2026-03-27
- Net-asset statement, 2025-12-31
- Dissolution, 2026-03-27
- Liquidation, 2026-03-27
- Director appointment, PINOY Jeroen (vereffenaar)
- Mandate compensation, PINOY Jeroen
- Director resignation, PXLL (bestuurder)
- Director resignation, JURECO (bestuurder)
- Director resignation, de TROOSTEMBERGH-de TROOSTEMBERGH Amaury (bestuurder)
- Director resignation, NOTHOMB Pierre (bestuurder)
- Director resignation, PÔLET Jean-François (bestuurder)
- Director discharge, PXLL
- +6 further facts in this act
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 217 days late
2024
31-12
Financial
Weakest financial yearnet €-4.83M
Net result drops to €-4.83M, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 2.11
Current ratio from 0.52 to 2.11; short-term debt falls from €3.23M to €1.75M.
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 133 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-12
Financial
Equity above €2MEq €2.04M ▲76.3%
Equity rises from €1.16M to €2.04M.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial
Equity above €1MEq €1.16M ▲106%
Equity rises from €561k to €1.16M.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 directors, no change since 2026
PINOY Jeroen
CurrentLiquidator · since 27-03-2026
27-03-2026
PINOY Jeroen: Appointed as Liquidator
27-03-2026
de TROOSTEMBERGH-de TROOSTEMBERGH Amaury: Resigned as Director
27-03-2026
Jureco: Resigned as Director
27-03-2026
Pierre NOTHOMB: Resigned as Director
27-03-2026
PXLL: Resigned as Director
27-03-2026
PÔLET Jean-François: Resigned as Director
Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwlandlaan 393200 AarschotGround area
1.1 ha
Building footprint
6,840 m²
Volume, LiDAR
38,042 m³
Parcel 24662F0101/00K000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
beSteel
since 20182.275.069.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0101/00K000 | Flanders | 1.1 ha | 1 · 6,840 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,284 EUR awarded · 3,036 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 248 EUR | 0 EUR |
| 2022 | 1 | 3,036 EUR | 3,036 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
European Union, budget
2022 to 2024 · 3 entries · 487,061 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 2 | 451,356 EUR |
| 2022 | 1 | 35,705 EUR |
Projects
101192326 - RENOMIZE - RENOVATION WITH AUTOMATION AND OPTIMIZATION OF PROCESSES AND PRODUCTS
101077258 - LIFE21-CET-BUILDRENO-LIFEGIGAREGIOFACTORY - LIFE GIGA REGIO FACTORY : GOING NEXT STAGE IN MARKET UPTAKE AND FACTORY DEVELOPMENT FOR MORE AFFORDABLE NET ZERO ENERGY RENOVATION INDUSTRIALISED SOLUTIONS PACKAGES
101167715 - LIFE23-CET-LIFE RENO TIDES - SUPPORTING STAGED MASSIVE NET ZERO RETROFIT WITH COLLECTIVE BUY-IN-SCHEMES OF INSULATED PREFAB FAÇADE & ROOF SYSTEMS FOR HOUSING
European research
2 projects · 778,350 EUR EU contributionProgrammes
HORIZON
Projects
Renovation with automation and optimization of processes and products
effectIve advaNCements towaRds uptakE of PV integrAted in buildingS & infrastructurE
Similar companies · same sector, comparable size
Interparts
BE 0406.211.254
Evergem · Eq €2.04M
ROPA
BE 0430.249.240
Zonnebeke · Eq €2.04M
GEBROEDERS VIJFEYKEN
BE 0431.531.521
Houthalen-Helchteren · Eq €2.05M
GEOMETAL WORKS
BE 0477.461.615
Zwevegem · Eq €2.05M
METAALWERKEN SWERTS
BE 0462.810.655
Balen · Eq €2.02M
Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 892 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2017
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
46900Non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.