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HYPE UP

Active
Private limited companyfounded 20242 yrs activeRue Ten-Eycken 114, 4850 Plombières, BelgiumKBO/BCE: BE 1006.232.072
Summary

The computed 12-month bankruptcy probability of HYPE UP is 1.8% (moderate). The 2024 annual accounts show equity of €13,493 and a net result of €34,293. Its solvency ranks better than 29% of 8965 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.3; short-term debt: 70% and cash: 58.7% of total assets), and 71.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
28.9%
Return on assets
73.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-05-2025, 69 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
69 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 69 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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

History

HYPE UP was incorporated on 20 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€13,493
Total assets
€46,728
Net result
€34,293
Working capital
€9,739

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €46,591
Fixed assets €4,153
Current assets €42,437
Equity and liabilities €46,728
Equity €13,493
Debt €33,235
Debt finances 71.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€44,611
Cash flow
€35,628
Current ratio
1.30
Debt to equity
2.46
ROE
254.2%
ROA
73.4%
Interest coverage
910.62
Debt ≤ 1 year
€32,698
Income taxes
€9,139
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€46,728
Formation expenses20€137
Fixed assets21/28€4,153
Tangible fixed assets22/27€4,153
Plant, machinery and equipment23€1,165
Furniture and vehicles24€2,988
Current assets29/58€42,437
Amounts receivable within one year40/41€14,907
Trade receivables40€14,017
Other amounts receivable41€891
Cash at bank and in hand54/58€27,424
Deferred charges and accrued income490/1€106
Equity and liabilities
Total equity and liabilities10/49€46,728
Equity10/15€13,493
Contributions10/11€1,500
Profit (loss) carried forward14€11,993
Amounts payable17/49€33,235
Amounts payable within one year42/48€32,698
Trade debts44€2,170
Suppliers440/4€2,170
Taxes, remuneration and social security45€12,503
Taxes450/3€12,503
Other amounts payable47/48€18,025
Accrued charges and deferred income492/3€537
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,335
Gross operating margin9900€44,611
Operating profit (loss)9901€43,277
Financial income75/76B€205
Recurring financial income75€205
Financial charges65/66B€49
Recurring financial charges65€49
Profit (loss) for the period before taxes9903€43,433
Income taxes67/77€9,139
Profit (loss) for the period9904€34,293
Profit (loss) for the period to be appropriated9905€34,293
Appropriation of the result
Profit (loss) to be appropriated9906€34,293
Profit to be distributed694/7€22,300
Return on contributions (dividend)694€22,300

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,335
Gross operating margin9900€44,611
Operating profit (loss)9901€43,277
Financial income75/76B€205
Recurring financial income75€205
Financial charges65/66B€49
Recurring financial charges65€49
Profit (loss) for the period before taxes9903€43,433
Income taxes67/77€9,139
Profit (loss) for the period9904€34,293
Profit (loss) for the period to be appropriated9905€34,293
Line2024
Assets
Total assets20/58€46,728
Formation expenses20€137
Fixed assets21/28€4,153
Tangible fixed assets22/27€4,153
Plant, machinery and equipment23€1,165
Furniture and vehicles24€2,988
Current assets29/58€42,437
Amounts receivable within one year40/41€14,907
Trade receivables40€14,017
Other amounts receivable41€891
Cash at bank and in hand54/58€27,424
Deferred charges and accrued income490/1€106
Equity and liabilities
Total equity and liabilities10/49€46,728
Equity10/15€13,493
Contributions10/11€1,500
Profit (loss) carried forward14€11,993
Amounts payable17/49€33,235
Amounts payable within one year42/48€32,698
Trade debts44€2,170
Suppliers440/4€2,170
Taxes, remuneration and social security45€12,503
Taxes450/3€12,503
Other amounts payable47/48€18,025
Accrued charges and deferred income492/3€537
Line2024
Profit (loss) for the period9904€34,293
+ Depreciation and write-downs630€1,335
Operating cash flow (approximation)€35,628

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
23-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Plombières · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
882 m²
Building footprint
164 m²
Volume, LiDAR
891 m³
Parcel 63053A0110/00N002, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HYPE UP - CONNECT UP
Rue Ten-Eycken 114, 4850 PlombièresOther sports activities
since 20242.356.223.337
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63053A0110/00N002 Wallonia 882 m² 1 · 164 m² 6.8 m · 2 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.

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 4,138 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
Founded20-02-2024
Fiscal year end31-12
Trade name FR CONNECT UP
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73110Advertising agencies
82300Organisation of conventions and trade shows
Contact
E-mail erik@hypeup.be
Phone 0487529626

Scores and ratios are computed by Checked and are not a credit decision.