Devl’Up
ActiveDevl’Up has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €82k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
65
/ 100
Healthy▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency21▼-79
Growth58▼-20
Stability94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 46.39 in 2024), and 87.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
12.3%
Return on assets
85.7%
Age of the figures
8 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 d early
2024
28 d late
2023
2 d early
2022
5 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 96.1%
2024 · €305k
2022: €80k
2023: €177k
2024: €305k
2022 → 2025
Total assets
€96k▼ 69.1%
2024 · €312k
2022: €107k
2023: €194k
2024: €312k
2022 → 2025
Net result
€82k▼ 35.7%
2024 · €128k
2022: €77k
2023: €98k
2024: €128k
2022 → 2025
Working capital
€6k▼ 98.1%
2024 · €298k
2022: €71k
2023: €165k
2024: €298k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€80k-€177k▲ 122%€305k▲ 72.3%€12k▼ 96.1%
Operating result€96k-€125k▲ 29.6%€164k▲ 31.1%€104k▼ 36.7%
Net result€77k-€98k▲ 28.4%€128k▲ 30.4%€82k▼ 35.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€6k▼ 11.7%
Current assets
€90k▼ 70.4%
Equity and liabilities €96k
Equity
€12k▼ 96.1%
Debt
€84k▲ 1,184%
The debt ratio rises from 2.1% to 87.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€109k▼
2024 · €174k
Cash flow
€88k▼
2024 · €138k
Solvency
12.3%▼
2024 · 97.9%
Current ratio
1.07▼
2024 · 46.39
Quick ratio
1.07▼
2024 · 46.39
Debt / equity
7.12▲
2024 · 0.02
ROE
696.2%▲
2024 · 42.0%
ROA
85.7%▲
2024 · 41.1%
Interest coverage
408.51▼
2024 · 572.59
Debt
€84k▲
2024 · €7k
Debt ≤ 1 year
€84k▲
2024 · €7k
Income taxes
€23k▼
2024 · €38k
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€312k€96k▼
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Furniture and vehicles24€7k€6k▼
Current assets29/58€305k€90k▼
Amounts receivable within one year40/41€68k€42k▼
Trade receivables40-€3k
Other amounts receivable41€68k€39k▼
Cash at bank and in hand54/58€232k€43k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€312k€96k▼
Equity10/15€305k€12k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€301k€8k▼
Amounts payable17/49€7k€84k▲
Amounts payable within one year42/48€7k€84k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€98€71▼
Suppliers440/4€98€71▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48-€82k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€6k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€175k€112k▼
Operating profit (loss)9901€164k€104k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€304€268▼
Recurring financial charges65€304€268▼
Profit (loss) for the period before taxes9903€167k€106k▼
Income taxes67/77€38k€23k▼
Profit (loss) for the period9904€128k€82k▼
Profit (loss) for the period to be appropriated9905€128k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€301k€384k▲
Profit (loss) brought forward from the previous period14P€173k€301k▲
Profit to be distributed694/7-€376k
Return on contributions (dividend)694-€376k
The notes to these accounts (7 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2022net €128k ▲30.4%
Operating result €164k, net result €128k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 46.39
Current ratio from 12.96 to 46.39; short-term debt falls from €14k to €7k.
31-12
Financial
Equity above €200kEq €305k ▲72.3%
3 profitable years in a row build equity to €305k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 12.96
Current ratio from 5.37 to 12.96; short-term debt falls from €16k to €14k.
31-12
Financial
Equity above €150kEq €177k ▲122%
2 profitable years in a row build equity to €177k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schaarbeek · 1 establishment unit since 2022
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.
Algemeen Stemrechtlaan 491030 SchaarbeekGround area
276 m²
Building footprint
115 m²
Volume, LiDAR
1,353 m³
Parcel 21903B0254/02A000, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Algemeen Stemrechtlaan 49, 1030 Schaarbeek
since 20222.327.552.414
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0254/02A000 | Brussels | 276 m² | 1 · 115 m² | 15.1 m · 4 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.
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BE 0718.913.520
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BAAVE Plus
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MATSN
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Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 3,296 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2022
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.