Inside Up
ActiveSummary
Inside Up has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162,641 and a net result of €10,757. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 82% of 9,664 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-10-2016 Normal situation
- Activity
- Organisation of conventions and trade shows NACE 82300and 5 others
- Establishment unit
- 2.258.790.005 2830 Willebroek, since 18-10-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 18-09-2025
Board and ownership
- EL GUENNOUNI SANAE HANANNDirector · since 11-10-2016
- GILLIS Karin Cornelia JozefDirector · since 11-10-2016
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €18,133
- ▼ 75.9%
- Turnover
- ≈ €97,000
- estimated
- Profit
- €10,757
- ▼ 80.4%
- Equity
- €162,641
- ▲ 7.1%
- Total assets
- €198,153
- ▼ 0.3%
- 2025 accounts filed 25 days after the deadline
Score breakdownlowers riskLiquidity: current ratio 5.51, cash €117,822Equity €162,641 (82.1% of total assets)Sector: Office administrative, office support and other business support activities (NACE 82)Figures for financial year 2025 (filed on 27-08-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 90% on liquidity, 46% on profitability and 52% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 25 days after the deadline Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00431388.
Annual accounts 2025 filed on 25-08-2026 at the NBB all 9 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is 78% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €3,690 | - |
| Depreciation and write-downs of the year | €344 | - | - | €603 | €738 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €3,154 awarded · €3,154 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €1,107 | €1,196 |
| 2023 | 1 | €1,027 | €1,538 |
| 2022 | 1 | €1,020 | €420 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €325 | €597 | €344 | €344 | - | - | €603 | €738 | ▲ 22.4% |
| Other operating charges640/8 | - | - | - | €1,268 | €1,255 | €1,899 | €1,379 | €1,495 | ▲ 8.5% |
| Gross operating margin9900 | €15,556 | €39,845 | -€7,262 | €49,409 | €12,076 | €29,245 | €75,226 | €18,133 | ▼ 75.9% |
| Operating profit (loss)9901 | €15,035 | €36,942 | -€8,736 | €47,798 | €10,822 | €27,346 | €73,244 | €15,899 | ▼ 78.3% |
| Financial income75/76B | - | - | - | €156 | €1 | - | €1 | €1,627 | ▲ 1,936× |
| Recurring financial income75 | €39 | €0 | €1,294 | €156 | €1 | - | €1 | €1,627 | ▲ 1,936× |
| Financial charges65/66B | - | - | - | €446 | €504 | €1,988 | €2,450 | €2,087 | ▼ 14.8% |
| Recurring financial charges65 | €65 | €672 | €735 | €446 | €504 | €1,988 | €2,450 | €2,087 | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €15,009 | €36,271 | -€8,177 | €47,508 | €10,319 | €25,358 | €70,795 | €15,439 | ▼ 78.2% |
| Income taxes67/77 | €1,391 | €8,616 | €377 | €8,097 | €4,626 | €6,768 | €16,037 | €4,681 | ▼ 70.8% |
| Profit (loss) for the period9904 | €13,618 | €27,655 | -€8,554 | €39,411 | €5,693 | €18,590 | €54,758 | €10,757 | ▼ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €13,618 | €27,655 | -€8,554 | €39,411 | €5,693 | €18,590 | €54,758 | €10,757 | ▼ 80.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €43,995 | €63,386 | €55,970 | €129,038 | €107,124 | €131,259 | €198,710 | €198,153 | ▼ 0.3% |
| Fixed assets21/28 | €553 | €988 | €644 | €300 | €300 | €300 | €3,387 | €2,649 | ▼ 21.8% |
| Tangible fixed assets22/27 | €253 | €688 | €344 | - | - | - | €3,087 | €2,349 | ▼ 23.9% |
| Furniture and vehicles24 | - | - | - | - | - | - | €3,087 | €2,349 | ▼ 23.9% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €43,442 | €62,398 | €55,326 | €128,738 | €106,824 | €130,959 | €195,323 | €195,504 | ▲ 0.1% |
| Stocks and contracts in progress3 | €3,626 | €3,078 | €2,640 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €13,312 | €27,050 | €18,339 | €41,595 | €39,832 | €45,851 | €33,558 | €27,056 | ▼ 19.4% |
| Trade receivables40 | - | - | - | €40,346 | €32,958 | €37,745 | €33,558 | €17,228 | ▼ 48.7% |
| Other amounts receivable41 | - | - | - | €1,249 | €6,874 | €8,105 | - | €9,828 | - |
| Current investments50/53 | - | - | - | - | - | - | €70,000 | €50,000 | ▼ 28.6% |
| Cash at bank and in hand54/58 | €22,477 | €25,554 | €29,493 | €83,372 | €65,014 | €84,971 | €91,153 | €117,822 | ▲ 29.3% |
| Deferred charges and accrued income490/1 | - | - | - | €3,772 | €1,977 | €137 | €613 | €626 | ▲ 2.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €43,995 | €63,386 | €55,970 | €129,038 | €107,124 | €131,259 | €198,710 | €198,153 | ▼ 0.3% |
| Equity10/15 | €14,332 | €41,987 | €33,433 | €72,844 | €78,536 | €97,126 | €151,884 | €162,641 | ▲ 7.1% |
| Contributions10/11 | €12,000 | €12,000 | - | €12,000 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Reserves13 | €2,332 | €29,987 | €21,433 | €60,844 | €66,536 | €85,126 | €139,884 | €150,641 | ▲ 7.7% |
| Non-distributable reserves130/1 | - | - | - | €1,503 | €1,503 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,503 | €1,503 | - | - | - | - |
| Distributable reserves133 | - | - | - | €59,341 | €65,033 | €85,126 | €139,884 | €150,641 | ▲ 7.7% |
| Amounts payable17/49 | €29,663 | €21,400 | €22,537 | €56,195 | €28,588 | €34,133 | €46,826 | €35,512 | ▼ 24.2% |
| Amounts payable within one year42/48 | €29,663 | €21,400 | €22,537 | €56,195 | €28,588 | €33,318 | €46,826 | €35,512 | ▼ 24.2% |
| Financial debts43 | - | - | - | €3,739 | €3,148 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €3,739 | €3,148 | - | - | - | - |
| Trade debts44 | €1,883 | €4,096 | €369 | €18,400 | €3,108 | €12,270 | €24,690 | €15,435 | ▼ 37.5% |
| Suppliers440/4 | - | - | - | €18,400 | €3,108 | €12,270 | €24,690 | €15,435 | ▼ 37.5% |
| Taxes, remuneration and social security45 | - | - | - | €16,350 | €9,963 | €15,274 | €20,890 | €12,913 | ▼ 38.2% |
| Taxes450/3 | - | - | - | €16,350 | €9,794 | €15,274 | €20,890 | €12,913 | ▼ 38.2% |
| Remuneration and social security454/9 | - | - | - | - | €169 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €17,706 | €12,369 | €5,774 | €1,247 | €7,164 | ▲ 475% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €815 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,618 | €27,655 | -€8,554 | €39,411 | €5,693 | €18,590 | €54,758 | €10,757 | ▼ 80.4% |
| + Depreciation and write-downs630 | €325 | €597 | €344 | €344 | - | - | €603 | €738 | ▲ 22.4% |
| Operating cash flow (approximation) | €13,943 | €28,252 | -€8,210 | €39,755 | €5,693 | €18,590 | €55,361 | €11,495 | ▼ 79.2% |
| Investment in fixed assets (approximation) | - | -€1,032 | €0 | €0 | €0 | €0 | -€3,690 | €0 | - |
| Change in cash | - | €3,077 | €3,939 | €53,879 | -€18,358 | €19,957 | €6,182 | €26,669 | ▲ 331% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as Inside Up has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Inside Up itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Inside Up. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-08-2026 | 2026-00431388 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00351049 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00189412 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00427371 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20354766 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52300521 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-33400048 | |
| 31-12-2018 | micro format | 03-04-2019 | 2019-09200473 | |
| 31-12-2017 | micro format | 25-06-2018 | 2018-23900289 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 28-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| EL GUENNOUNI SANAE HANANN |
|
| GILLIS Karin Cornelia Jozef |
|
| EL GUENNOUNI Sanae Hannan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, kunnen een college vormen indien meerdere bestuurders”“Overblijvende bestuurders hebben recht nieuwe bestuurder te coöpteren, Coöptatie”
Articles of association, deed of 28-12-2023 (in Dutch)
Network & group
Inside Up shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of Inside Up. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-12
Gazette deed
2 directors resigning, 2 reappointedResignations: GILLIS Karin Cornelia Jozef (manager) and EL GUENNOUNI Sanae Hannan (manager) · Reappointments: GILLIS Karin Cornelia Jozef (director) and EL GUENNOUNI Sanae Hannan (director) · Capital conversion11 points ▸
- General meeting, 18-12-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, artikel 39,§1,eerste en derde lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootsch…” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van de statutenwijziging, opheffen” (deed in Dutch)
- Amendment of the articles
- Director resignation, GILLIS Karin Cornelia Jozef (manager)
- Director resignation, EL GUENNOUNI Sanae Hannan (manager)
- Director reappointment, GILLIS Karin Cornelia Jozef (director)
- Director reappointment, EL GUENNOUNI Sanae Hannan (director)
- Director discharge, GILLIS Karin Cornelia Jozef
- Director discharge, EL GUENNOUNI Sanae Hannan
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
19 activities
- Alle diensten van import en export,aan- en verkoop met betrekking tot allerhande goederen en producten,met inbegrip van internet gerelateerde producten,door middel van een online webshop(e-commerce);alle diensten van internet marketing,zowel online als offline,toepassingen inzake internet en alle aanverwante activiteiten,de dienstverlening en adviesverlening die rechtstreeks of onrechtstreeks daarmee verband houdt;
- Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke meer.
- Administratieve dienstverlening aan bedrijven,het uitvoeren van de managementfunctie ten behoeve van derden en verbonden ondernemingen;
- Het geven van adviezen,het maken van studies,het voorbereiden en op gang brengen van organisatiesystemen,het in toepassing brengen van systemen van gegevensverwerking en alle technieken in verband met het technische,administratief,economisch en algemeen beheer van ondernemingen;
- De handel in de meest uitgebreide zin van het woord in boeken,tijdschriften en publicaties allerhande en andere informatiedragers in de vorm van geschrift,klank of beeld zoals onder meer boeken,film–en beeldbanden,cassettes,plastische en theaterwerken;
- De organisatie van studie en lessenreeksen in verband met al deze activiteiten;
- Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
- Het bij wijze van inschrijving,inbreng,fusie,samenwerking,financiële tussenkomst of anderszins verwerven van een belang of deelneming in alle bestaande of nog op te richten vennootschappen,ondernemingen,bedrijvigheden of verenigingen zonder onderscheid,in België of in het buitenland.
- De vennootschap mag deze belangen of deelnemingen beheren,valoriseren en te gelde maken.Het verrichten van alle investeringen en financiële verrichtingen,met uitzondering van deze die door de wet voorbehouden zijn aan depositobanken;
- Het rechtstreeks of onrechtstreeks deelnemen aan het bestuur,de directie,de controle en vereffening van alle vennootschappen,ondernemingen,bedrijvigheden en verenigingen zonder onderscheid.Wanneer de vennootschap wordt benoemd tot bestuurder,zaakvoerder of lid van een directiecomité van een andere vennootschap,benoemt zij onder haar vennoten,zaakvoerders of werknemers een vaste vertegenwoordiger die belast wordt met de uitvoering van de opdracht in naam en voor rekening van de vennootschap.
- Het stellen van alle welkdanige verrichtingen,die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk betrekking hebben op de zogenaamde consultancy in de meest ruime betekenis,omvattende ondermeer,doch zonder dat dit beperkt is tot uitvoeren van studies,het verstrekken van adviezen en het verrichten van diensten aangaande om het even welk aspect van het bestuur,het beheer,het beleid of de bedrijfsvoering van een onderneming,bedrijvigheid,openbaar bestuur,beroepsvereniging,organisatie,vereniging of enig onderdeel daarvan,alsook ten behoeve van zelfstandigen of beoefenaars van vrije beroepen.
- Het op om het even welke wijze verwerven,uitbreiden,en/of op om het even welke wijze ten gelde maken en beheren van een roerend vermogen omvattend om het even welke roerende waarden,aandelen,obligaties,staatsfondsen,edele metalen,kunstvoorwerpen,antiquiteiten,schilderijen,boeken,bibliofiele uitgaven,en andere roerende goederen en rechten,en met uitsluiting van elke activiteit die door de wet voorbehouden is aan vermogensbeheerders en beleggingsadviseurs;
- Het op om het even welke wijze verwerven,uitbreiden,en/of om het even welke wijze ten gelde maken en beheren van een onroerend vermogen,omvattende het aankopen,verkopen,huren,verhuren,doen bouwen en doen verbouwen,beheren,inrichten en uitbaten van alle al dan niet bebouwd onroerende goederen,alsmede het verrichten van alle handelingen die nodig,nuttig of dienstig zijn voor het beheren en uitbaten van dit onroerend patrimonium van de vennootschap.
- De organisatie,of het deelnemen aan het organiseren van congressen,seminaries,lezingen,tentoonstellingen,beurzen.
- Het optreden als studie-,organisatie-,consultancy-,raadgevend-,productie- en beherend bureau inzake al het bovenvermelde alsmede financiële,handels-,fiscale of sociale aangelegenheden en meer in het bijzonder:strategie bepaling,sales en marketing management,sales en marketing activiteiten(onder andere communicatie modellen,grafische ontwerpen en productie van reclame-verpakking-product,promotiemateriaal,copywriting,sponsoring(advies),marktanalyses,organiseren events,beheer en analyse van public relations en social media),innovatie management,change management,cultural changes,leadership,crisismanagement zowel ten behoeve van ondernemingen als van particulieren.
- Het optreden als tussenpersoon in de handel;
- De vennootschap handelt voor eigen rekening,in commissie,als tussenpersoon of als vertegenwoordiger.
- De vennootschap mag alle roerende of onroerende goederen,materialen en benodigdheden verwerven,huren en verhuren,vervaardigen,overdragen of ruilen,en in het algemeen alle burgerlijke,commerciële,industriële,financiële,roerende en onroerende verrichtingen uitvoeren,welke rechtstreeks of onrechtstreeks,geheel of gedeeltelijk verband houden met haar voorwerp of die kunnen bijdragen tot de verwezenlijking,de uitbreiding of de vergemakkelijking ervan.
- Het verlenen van opleidingen,onderwijs,en tewerkstellingsinitiatieven aan ondernemingen en particulieren
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12004B0382/00T000 | Flanders | 469 m² | 1 · 119 m² | 9.8 m · 2 |