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LIFT UP ENGINEERING

Active
Public limited companyfounded 201313 years activeBegoniastraat 30C, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0502.481.972
Summary

The computed 12-month bankruptcy probability of LIFT UP ENGINEERING is 5.7% (elevated). The 2025 annual accounts show negative equity (-€163,504) and a net result of -€245,039. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 5% of 193 sector peers (NACE 33, fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of machinery
NACE 33120Other construction installation NACE 43240
1 site
Size
€1.5mtotal assets 2025
Staff
8.7 FTE
Equity
-€163,504
Loss
-€245,039
Net result -349%: 12-month year
Financial health
33 Weak Checked score 2025
Bankruptcy probability, 12 months
5.7%
Structure
Parent
Fain Belgium · 100%
Board
2 members
Accounts 8 days early2 of 7 deeds read
Why 33- Negative equity -€163,504- Loss of €245,039, the second in a row (FY 2025)- Sector Repair, maintenance and installation of machinery and equipment (NACE 33)+ Figures for FY 2025 (filed 23-07-2026)Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 6% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Weak
Solvency 14-16
equity -11.1% of total assets
Liquidity 18-25
short-term debt 72.9% · cash 5.7%
Profitability 0-25
return on assets -16.7%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,371 companies)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024lowest value 01-2025: 1.2%▲ +0.3 percentage points vs 12-2024 02-2025: 1.8%▲ +0.6 percentage points vs 01-2025 03-2025: 2.1%▲ +0.3 percentage points vs 02-2025 04-2025: 3.2%▲ +1.1 percentage points vs 03-2025 05-2025: 3.3%▲ +0.1 percentage points vs 04-2025 06-2025: 3.9%▲ +0.6 percentage points vs 05-2025 07-2025: 4.6%▲ +0.7 percentage points vs 06-2025 08-2025: 4.6%● unchanged vs 07-2025 09-2025: 1.0%▼ -3.6 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.5 percentage points vs 03-2026 05-2026: 1.8%▲ +0.3 percentage points vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 5.7%▲ +3.9 percentage points vs 07-2026highest value 09-2026: 5.7%● unchanged vs 08-2026highest value 10-2026: 5.7%● unchanged vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.25 against 1.9 in 2024; short-term debt: 72.9% and cash: 5.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 7% on solvency, 10% on liquidity, 4% on profitability and 1% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€163,504
NBB · annual accounts
raises risk · Loss of €245,039, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Sector Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Figures for FY 2025 (filed 23-07-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€163,504
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
on the day
2023
19 days late
2022
on the day
2021
3 days late
2020
9 days late
2019
371 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Registered officeRegistered-office move
  3. Resignation: GONDA Marc-Henri (director)Appointments: FAIN BELGIUM BV (director)…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€163,504 View
  • Caution: Among the weakest 5% on solvencysector median 43.7% · 193 companies -11.1% View
  • Result fell in 202512-month fiscal year ▼ 349% View
  • Board changedlatest change 09-03-2026 · 2 in office 2 joined · 1 left View
  • Controlled by Fain Belgiumultimately: Fain De Lift Holding 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€245,039 View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Loss
-€245,039
Solvency
-11.1%
Total assets▼ 17.8%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 31-07-2025Annual accounts filed
  3. 19-02-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Repair and maintenance of machineryNACE 33120
Founded
15-01-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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