Skip to content

DUPGRADE

Active
Private limited companyfounded 20197 yrs activeSt.-Rijkersstraat 55, 8690 Alveringem, BelgiumKBO/BCE: BE 0734.838.148
Summary

The computed 12-month bankruptcy probability of DUPGRADE is 10.7% (high). For DUPGRADE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€6,801) and a net result of -€7,038. Equity is shrinking by ~72.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 24605 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
DUPGRADEActive
Risk analysis ReportCompare

Overview

What they do
Retail sale of information and communication equipment
NACE 47400NACE 47410
1 site
How big
€20,999total assets 2023
Equity
-€6,801
Loss
-€7,038
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
10.7%
2023 figures too old to score
Who decides
Accounts 428 d overdue0 of 1 deed read
Signals- Figures for FY 2023 (filed 31-08-2024)- 2 financial years not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late- Founded in 2019- No filing in 24 months (latest 31-08-2024)- Two or more financial years not filedFiled after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0-26
equity -32.4% of total assets
Liquidity 7+6
short-term debt 131.9% · cash 5.7%
Profitability 0=
return on assets -33.5%
Bankruptcy probability, 12 months
10.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,869 companies)
Last 24 months 11-2024: 2.9% 12-2024: 3.0%▲ +3.2% vs 11-2024 01-2025: 2.9%▼ -3.1% vs 12-2024lowest value 02-2025: 2.9%● 0.0% vs 01-2025lowest value 03-2025: 2.9%● +0.0% vs 02-2025 04-2025: 2.9%▲ +1.7% vs 03-2025 05-2025: 2.9%▼ -1.4% vs 04-2025 06-2025: 3.0%▲ +2.3% vs 05-2025 07-2025: 2.9%▼ -0.1% vs 06-2025 08-2025: 3.5%▲ +19.4% vs 07-2025 09-2025: 3.6%▲ +2.9% vs 08-2025 10-2025: 4.8%▲ +32.3% vs 09-2025 11-2025: 4.9%▲ +1.8% vs 10-2025 12-2025: 5.9%▲ +20.6% vs 11-2025 01-2026: 8.2%▲ +38.5% vs 12-2025 02-2026: 8.2%● 0.0% vs 01-2026 03-2026: 8.5%▲ +4.3% vs 02-2026 04-2026: 7.9%▼ -7.2% vs 03-2026 05-2026: 7.8%▼ -0.7% vs 04-2026 06-2026: 7.7%▼ -1.6% vs 05-2026 07-2026: 7.7%● 0.0% vs 06-2026 08-2026: 9.7%▲ +26.4% vs 07-2026 09-2026: 10.7%▲ +9.5% vs 08-2026highest value 10-2026: 10.7%● 0.0% vs 09-2026highest value
  • Figures for FY 2023 (filed 31-08-2024) raises the probability
  • 2 financial years not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late raises the probability
  • Founded in 2019 raises the probability for this profile
  • No filing in 24 months (latest 31-08-2024) raises the probability
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Figures for FY 2023 (filed 31-08-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Founded in 2019
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · No filing in 24 months (latest 31-08-2024)
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline02-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
32 d late
2021
31 d late
2020
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 22 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Annual accounts filedfiscal year 2022 · micro…
  3. Weakest financial yearnet -€16,278

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 428 d late View
  • Risk: Negative equityfiscal year 2023: debts exceed assets -€6,801 View
  • Caution: Among the weakest 15% on solvencysector median 31.6% · 24,605 companies -32.4% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2023 -€7,038 View

By topic

Financials

Fiscal year
2023
Total assets
€20,999
Loss
-€7,038
Solvency
-32.4%
Total assets▲ 8.2%
Net result
20202023
Go to Financials

Timeline

Events
5
Since
2021
  1. 31-08-2024Annual accounts filed
  2. 01-09-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of information and communication equipmentNACE 47400
Founded
24-09-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure