FULLRISING
ActiveSummary
FULLRISING has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-25k) and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+39
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.66 in 2023; short-term debt: 126.2% and cash: 0.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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
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
-117.3%
Return on assets
62.4%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9517 sector peers (2024).
NBB · sector comparisonPosition among 9517 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
57 d early
2022
32 d early
2021
51 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-25k▲ 34.7%
2023 · €-38k
2021: €23khighest in 4 years
2022: €-41k▼ -280% vs 2021lowest in 4 years
2023: €-38k▲ +9.3% vs 2022
2024: €-25k▲ +34.7% vs 2023
2021 → 2024
Total assets
€21k▼ 14.9%
2023 · €25k
2021: €128khighest in 4 years
2022: €35k▼ -72.4% vs 2021
2023: €25k▼ -30.1% vs 2022
2024: €21k▼ -14.9% vs 2023lowest in 4 years
2021 → 2024
Net result
€13k▲ 238%
2023 · €4k
2021: €13khighest in 4 years
2022: €-65k▼ -593% vs 2021lowest in 4 years
2023: €4k▲ +106% vs 2022
2024: €13k▲ +238% vs 2023
2021 → 2024
Working capital
€-9k▼ 1.3%
2023 · €-9k
2021: €-12klowest in 4 years
2022: €4k▲ +137% vs 2021highest in 4 years
2023: €-9k▼ -306% vs 2022
2024: €-9k▼ -1.3% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€23k-€-41k€-38k▲ 9.3%€-25k▲ 34.7%
2021: €23khighest in 4 years
2022: €-41k▼ -280% vs 2021lowest in 4 years
2023: €-38k▲ +9.3% vs 2022
2024: €-25k▲ +34.7% vs 2023
Operating result€21k-€-11k€10k€21k▲ 121%
2021: €21k
2022: €-11k▼ -155% vs 2021lowest in 4 years
2023: €10k▲ +183% vs 2022
2024: €21k▲ +121% vs 2023highest in 4 years
Net result€13k-€-65k€4k€13k▲ 238%
2021: €13khighest in 4 years
2022: €-65k▼ -593% vs 2021lowest in 4 years
2023: €4k▲ +106% vs 2022
2024: €13k▲ +238% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 121% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21k
Fixed assets
€4k ▼ 53.2%
Current assets
€17k ▲ 2.1%
Key figures and ratios
EBITDA
€25k▲
2023 · €13k
Cash flow
€17k▲
2023 · €7k
Solvency
-117.3%▲
2023 · -152.9%
Current ratio
0.66▲
2023 · 0.66
Debt to equity
-1.85▼
2023 · -1.65
ROA
62.4%▲
2023 · 15.7%
Interest coverage
7.74▲
2023 · 2.67
Debt
€45k▼
2023 · €62k
Debt ≤ 1 year
€26k▲
2023 · €26k
Debt > 1 year
€19k▼
2023 · €36k
Income taxes
€5k▲
2023 · €875
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€25k€21k▼
Fixed assets21/28€8k€4k▼
Intangible fixed assets21€1k€883▼
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23€24-
Furniture and vehicles24€6k€3k▼
Financial fixed assets28€500-
Current assets29/58€17k€17k▲
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€10k€13k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€4k€123▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€25k€21k▼
Equity10/15€-38k€-25k▲
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Profit (loss) carried forward14€-48k€-35k▲
Amounts payable17/49€62k€45k▼
Amounts payable after more than one year17€36k€19k▼
Financial debts170/4€36k€19k▼
Amounts payable within one year42/48€26k€26k▲
Current portion of amounts payable after more than one year42€19k€19k▼
Trade debts44€619€1k▲
Suppliers440/4€619€1k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8-€387
Gross operating margin9900€13k€25k▲
Operating profit (loss)9901€10k€21k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€5k€18k▲
Income taxes67/77€875€5k▲
Profit (loss) for the period9904€4k€13k▲
Profit (loss) for the period to be appropriated9905€4k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-35k▲
Profit (loss) brought forward from the previous period14P€-51k€-48k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €3k | €4k | ▲ 6.9% |
| Other operating charges640/8 | - | - | - | €387 | - |
| Gross operating margin9900 | €22k | €-9k | €13k | €25k | ▲ 94.4% |
| Operating profit (loss)9901 | €21k | €-11k | €10k | €21k | ▲ 121% |
| Financial income75/76B | - | €1 | €0 | - | - |
| Recurring financial income75 | - | €1 | €0 | - | - |
| Financial charges65/66B | €2k | €53k | €5k | €3k | ▼ 34.0% |
| Recurring financial charges65 | €2k | €3k | €5k | €3k | ▼ 34.0% |
| Non-recurring financial charges66B | - | €50k | - | - | - |
| Profit (loss) for the period before taxes9903 | €19k | €-64k | €5k | €18k | ▲ 278% |
| Income taxes67/77 | €6k | €198 | €875 | €5k | ▲ 453% |
| Profit (loss) for the period9904 | €13k | €-65k | €4k | €13k | ▲ 238% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-65k | €4k | €13k | ▲ 238% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €128k | €35k | €25k | €21k | ▼ 14.9% |
| Fixed assets21/28 | €107k | €8k | €8k | €4k | ▼ 53.2% |
| Intangible fixed assets21 | - | - | €1k | €883 | ▼ 36.1% |
| Tangible fixed assets22/27 | €7k | €8k | €6k | €3k | ▼ 53.2% |
| Plant, machinery and equipment23 | €244 | €134 | €24 | - | - |
| Furniture and vehicles24 | €7k | €7k | €6k | €3k | ▼ 53.0% |
| Financial fixed assets28 | €100k | €500 | €500 | - | - |
| Current assets29/58 | €20k | €27k | €17k | €17k | ▲ 2.1% |
| Amounts receivable within one year40/41 | €8k | €10k | €12k | €16k | ▲ 39.0% |
| Trade receivables40 | €8k | €9k | €10k | €13k | ▲ 38.8% |
| Other amounts receivable41 | €23 | €951 | €2k | €3k | ▲ 39.8% |
| Cash at bank and in hand54/58 | €12k | €17k | €4k | €123 | ▼ 97.1% |
| Deferred charges and accrued income490/1 | €632 | €926 | €1k | €1k | ▼ 10.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €128k | €35k | €25k | €21k | ▼ 14.9% |
| Equity10/15 | €23k | €-41k | €-38k | €-25k | ▲ 34.7% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Outside capital11 | €10k | €10k | €10k | €10k | = |
| Other1109/19 | €10k | €10k | €10k | €10k | = |
| Reserves13 | €13k | - | - | - | - |
| Distributable reserves133 | €13k | - | - | - | - |
| Profit (loss) carried forward14 | - | €-51k | €-48k | €-35k | ▲ 27.4% |
| Amounts payable17/49 | €105k | €77k | €62k | €45k | ▼ 26.9% |
| Amounts payable after more than one year17 | €72k | €54k | €36k | €19k | ▼ 47.4% |
| Financial debts170/4 | €72k | €54k | €36k | €19k | ▼ 47.4% |
| Amounts payable within one year42/48 | €32k | €23k | €26k | €26k | ▲ 1.8% |
| Current portion of amounts payable after more than one year42 | €19k | €18k | €19k | €19k | ▼ 2.2% |
| Trade debts44 | €429 | €318 | €619 | €1k | ▲ 69.0% |
| Suppliers440/4 | €429 | €318 | €619 | €1k | ▲ 69.0% |
| Taxes, remuneration and social security45 | €12k | €4k | €6k | €7k | ▲ 7.6% |
| Taxes450/3 | €12k | €4k | €6k | €7k | ▲ 7.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-65k | €4k | €13k | ▲ 238% |
| + Depreciation and write-downs630 | €1k | €3k | €3k | €4k | ▲ 6.9% |
| Operating cash flow (approximation) | €14k | €-62k | €7k | €17k | ▲ 132% |
| Investment in fixed assets (approximation) | - | €97k | €-3k | €500 | ▲ 118% |
| Change in cash | - | €5k | €-12k | €-4k | ▲ 67.5% |
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
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Braine-le-Comte · 1 establishment unit since 2021
Ground area
177 m²
Building footprint
61 m²
Parcel 55036B0204/02W003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Frédéric Malgrève
since 20212.312.497.420
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55036B0204/02W003 | Wallonia | 177 m² | 1 · 61 m² | - |
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 11,218 companies in sector 82100 we hold annual accounts for 3,511. 2,331 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
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
Contact
E-mail
frederic.malgreve@gmail.com
Phone
0475569128
Scores and ratios are computed by Checked and are not a credit decision.