Financials
- Fiscal year
- 2023
- Total assets
- €20,999
- Loss
- -€7,038
- Solvency
- -32.4%
Total assets▲ 8.2%
Net result
20202023
DUPGRADE
ActiveSummary
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.
Overview
Activity
Retail sale of information and communication equipment
NACE 47400NACE 47410
1 site
Size
€20,999total assets 2023
- Equity
- -€6,801
- Loss
- -€7,038
Turnover not published (abridged schema)
Financial health
- Bankruptcy chance 12 m
- 10.7%
2023 figures too old to score
Structure
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).
Last 15 months
08-2025: 3.5%lowest value
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
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 filingsPosition 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 filingsDeviation 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)
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
- Weakest financial yearnet -€16,278
Key points
By topic
Timeline
- Events
- 5
- Since
- 2021
- 31-08-2024Annual accounts filed
- 01-09-2023Annual accounts filed
- 31-12-2022Weakest financial year
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
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