Business UP
ActiveThe computed 12-month bankruptcy probability of Business UP is 2.8% (moderate). The 2024 annual accounts show equity of €5k and a net result of €2k. Its solvency ranks better than 32% of 26056 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency15
Growth-
Stability67
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83), and 88.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.8%
Return on assets
4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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 · 1 filingDeviation from the deadline
2024
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k
Total assets
€45k
Net result
€2k
Working capital
€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €45k
Fixed assets
€12k
Current assets
€33k
Equity and liabilities €45k
Equity
€5k
Debt
€39k
Debt finances 88.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€5k
Cash flow
€4k
Solvency
11.8%
Current ratio
0.83
Quick ratio
0.49
Debt / equity
7.45
ROE
33.6%
ROA
4.0%
Interest coverage
7.55
Debt
€39k
Debt ≤ 1 year
€39k
Income taxes
€539
Staff costs
€7k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€45k
Fixed assets21/28€12k
Tangible fixed assets22/27€12k
Furniture and vehicles24€12k
Current assets29/58€33k
Stocks and contracts in progress3€13k
Stocks30/36€13k
Amounts receivable within one year40/41€17k
Trade receivables40€15k
Other amounts receivable41€2k
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€904
Equity and liabilities
Total equity and liabilities10/49€45k
Equity10/15€5k
Contributions10/11€4k
Profit (loss) carried forward14€2k
Amounts payable17/49€39k
Amounts payable within one year42/48€39k
Trade debts44€33k
Suppliers440/4€33k
Taxes, remuneration and social security45€1k
Taxes450/3€539
Remuneration and social security454/9€602
Other amounts payable47/48€5k
Income statement
Code2024
Remuneration, social security and pensions62€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€10k
Gross operating margin9900€22k
Operating profit (loss)9901€3k
Financial income75/76B€79
Recurring financial income75€79
Financial charges65/66B€672
Recurring financial charges65€672
Profit (loss) for the period before taxes9903€2k
Income taxes67/77€539
Profit (loss) for the period9904€2k
Profit (loss) for the period to be appropriated9905€2k
Appropriation of the result
Profit (loss) to be appropriated9906€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
NBB filing
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, Chimay · 1 establishment unit since 2024
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.
Chaussée de Mons(CH) 156460 ChimayGround area
4.8 ha
Parcel 56016B0259/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Business UP
since 20242.363.731.137
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56016B0259/00B000 | Wallonia | 4.8 ha | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteChimay2.363.731.137
Similar companies · same sector, comparable size
RAZA RETOUCHES
BE 0724.736.488
Sint-Agatha-Berchem · Eq €5k
G.M.B. TRADING
BE 1006.264.835
Schaarbeek · Eq €5k
HOLVOET & CO
BE 0800.208.527
Waregem · Eq €5k
MAXIMO
BE 0864.404.612
Châtelet · Eq €6k
Pur Jus
BE 0783.206.308
Wanze · Eq €5k
Of 3,812 companies in sector 47210 we hold annual accounts for 958. 411 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2024
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.