Cup-it
ActiveSummary
Cup-it has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,000 and a net result of €47,522. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+26
Solvency28▼-41
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.6%
Return on assets
24.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2715 sector peers (2025).
NBB · sector comparisonPosition among 2715 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
11 d late
2023
67 d late
2022
91 d late
2021
31 d late
2020
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€5,000▼ 92.4%
2024 · €65,491
Total assets
€193,771▲ 31.2%
2024 · €147,685
Net result
€47,522▲ 815%
2024 · €5,194
Working capital
€10,045▼ 85.4%
2024 · €68,658
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20212022202320242025
Operating result€27,514▼ 13.1%€51,703▲ 87.9%€36,264▼ 29.9%€11,656▼ 67.9%€66,184▲ 468%
Net result€22,010within the sector's middle half▼ 9.7%€41,880within the sector's middle half▲ 90.3%€27,652within the sector's middle half▼ 34.0%€5,194within the sector's middle half▼ 81.2%€47,522within the sector's middle half▲ 815%
Equity€51,373within the sector's middle half▲ 75.0%€56,645within the sector's middle half▲ 10.3%€60,297within the sector's middle half▲ 6.4%€65,491within the sector's middle half▲ 8.6%€5,000below the sector's middle half▼ 92.4%
Total assets€85,592within the sector's middle half▲ 82.2%€108,549within the sector's middle half▲ 26.8%€169,935within the sector's middle half▲ 56.6%€147,685within the sector's middle half▼ 13.1%€193,771within the sector's middle half▲ 31.2%
Debt€34,220▲ 94.4%€51,904▲ 51.7%€109,638▲ 111%€82,194▼ 25.0%€188,771▲ 130%
Working capital€62,276▲ 112%€48,242▼ 22.5%€57,075▲ 18.3%€68,658▲ 20.3%€10,045▼ 85.4%
Solvency60.0%within the sector's middle half▼ 2.5pp52.2%within the sector's middle half▼ 7.8pp35.5%within the sector's middle half▼ 16.7pp44.3%within the sector's middle half▲ 8.9pp2.6%below the sector's middle half▼ 41.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 468% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193,771
Fixed assets
€41,585 ▼ 24.9%
Current assets
€152,186 ▲ 64.9%
Equity and liabilities €193,771
Equity
€5,000 ▼ 92.4%
Debt
€188,771 ▲ 130%
Debt's share of the balance-sheet total rises from 55.7% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€81,344▲
2024 · €27,058
Cash flow
€62,682▲
2024 · €20,596
Current ratio
1.07▼
2024 · 3.91
Debt to equity
37.75▲
2024 · 1.26
ROE
950.4%▲
2024 · 7.9%
ROA
24.5%▲
2024 · 3.5%
Interest coverage
22.18▲
2024 · 8.82
Debt ≤ 1 year
€142,141▲
2024 · €23,632
Debt > 1 year
€46,631▼
2024 · €55,253
Income taxes
€15,000▲
2024 · €3,979
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
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 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,151 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €120 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €824 | €1,852 | €4,981 | €15,402 | €15,160 | ▼ 1.6% |
| Other operating charges640/8 | €235 | - | - | €264 | €148 | ▼ 43.8% |
| Gross operating margin9900 | €28,573 | €53,555 | €41,365 | €27,322 | €81,493 | ▲ 198% |
| Operating profit (loss)9901 | €27,514 | €51,703 | €36,264 | €11,656 | €66,184 | ▲ 468% |
| Financial income75/76B | €685 | €810 | €541 | €584 | €5 | ▼ 99.1% |
| Recurring financial income75 | €685 | €810 | €541 | €584 | €5 | ▼ 99.1% |
| Financial charges65/66B | €189 | €120 | €1,169 | €3,066 | €3,667 | ▲ 19.6% |
| Recurring financial charges65 | €189 | €120 | €1,169 | €3,066 | €3,667 | ▲ 19.6% |
| Profit (loss) for the period before taxes9903 | €28,010 | €52,393 | €35,636 | €9,173 | €62,522 | ▲ 582% |
| Income taxes67/77 | €6,000 | €10,512 | €7,984 | €3,979 | €15,000 | ▲ 277% |
| Profit (loss) for the period9904 | €22,010 | €41,880 | €27,652 | €5,194 | €47,522 | ▲ 815% |
| Profit (loss) for the period to be appropriated9905 | €22,010 | €41,880 | €27,652 | €5,194 | €47,522 | ▲ 815% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,592 | €108,549 | €169,935 | €147,685 | €193,771 | ▲ 31.2% |
| Fixed assets21/28 | €1,446 | €8,402 | €69,895 | €55,395 | €41,585 | ▼ 24.9% |
| Tangible fixed assets22/27 | €1,446 | €8,402 | €69,895 | €55,395 | €41,585 | ▼ 24.9% |
| Plant, machinery and equipment23 | - | - | €650 | €728 | €1,542 | ▲ 112% |
| Furniture and vehicles24 | €1,446 | €8,402 | €69,244 | €54,667 | €40,043 | ▼ 26.8% |
| Current assets29/58 | €84,146 | €100,147 | €100,040 | €92,290 | €152,186 | ▲ 64.9% |
| Amounts receivable after more than one year29 | - | €23,861 | €7,448 | - | - | - |
| Other amounts receivable291 | - | €23,861 | €7,448 | - | - | - |
| Amounts receivable within one year40/41 | €58,861 | €50,120 | €49,136 | €42,170 | €85,680 | ▲ 103% |
| Trade receivables40 | €34,999 | €44,695 | €49,136 | €30,419 | €28,189 | ▼ 7.3% |
| Other amounts receivable41 | €23,861 | €5,425 | - | €11,751 | €57,491 | ▲ 389% |
| Current investments50/53 | - | - | - | €20,000 | €20,000 | = |
| Cash at bank and in hand54/58 | €25,286 | €26,165 | €43,456 | €30,120 | €46,506 | ▲ 54.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,592 | €108,549 | €169,935 | €147,685 | €193,771 | ▲ 31.2% |
| Equity10/15 | €51,373 | €56,645 | €60,297 | €65,491 | €5,000 | ▼ 92.4% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Issued capital100 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €46,373 | €51,645 | €55,297 | €60,491 | - | - |
| Amounts payable17/49 | €34,220 | €51,904 | €109,638 | €82,194 | €188,771 | ▲ 130% |
| Amounts payable after more than one year17 | - | - | €63,485 | €55,253 | €46,631 | ▼ 15.6% |
| Financial debts170/4 | - | - | €63,485 | €55,253 | €46,631 | ▼ 15.6% |
| Amounts payable within one year42/48 | €21,870 | €51,904 | €42,965 | €23,632 | €142,141 | ▲ 501% |
| Trade debts44 | €686 | €767 | €3,321 | €10,971 | €8,613 | ▼ 21.5% |
| Suppliers440/4 | €686 | €767 | €3,321 | €10,971 | €8,613 | ▼ 21.5% |
| Taxes, remuneration and social security45 | €21,183 | €14,529 | €15,644 | €12,660 | €25,445 | ▲ 101% |
| Taxes450/3 | €21,183 | €14,529 | €15,644 | €12,660 | €25,445 | ▲ 101% |
| Other amounts payable47/48 | - | €36,608 | €24,000 | - | €108,083 | - |
| Accrued charges and deferred income492/3 | €12,350 | - | €3,189 | €3,309 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,010 | €41,880 | €27,652 | €5,194 | €47,522 | ▲ 815% |
| + Depreciation and write-downs630 | €824 | €1,852 | €4,981 | €15,402 | €15,160 | ▼ 1.6% |
| Operating cash flow (approximation) | €22,834 | €43,732 | €32,633 | €20,596 | €62,682 | ▲ 204% |
| Investment in fixed assets (approximation) | - | -€8,808 | -€66,474 | -€902 | -€1,350 | ▼ 49.6% |
| Change in cash | - | €879 | €17,291 | -€13,337 | €16,386 | ▲ 223% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €47,522 ▲815%
Operating result €66,184, net result €47,522, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €5,194 ▼81.2%
Net result drops to €5,194, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Leuven · 1 establishment unit since 2019
Ground area
1,769 m²
Building footprint
298 m²
Volume, LiDAR
3,586 m³
Parcel 24434F0052/00V005, Flanders · tallest building 19.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Leeuwerikenstraat 40, 3001 Leuven
since 20192.378.636.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0052/00V005 | Flanders | 1,769 m² | 1 · 298 m² | 19.7 m · 4 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 6,126 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
Founded07-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727851079
Registered
11-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.