LV UP
ActiveSummary
The computed 12-month bankruptcy probability of LV UP is 6.0% (elevated). The 2025 annual accounts show equity of €43k and a net result of €43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 13417 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency74▲+48
Growth78=
Track record94
Bankruptcy probability, 12 months
6.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.17 against 0.55 in 2024; short-term debt: 50.5% and cash: 45.1% of total assets), and 50.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.5%
Return on assets
48.9%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
25 d late
2023
31 d late
2022
2 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 8,731%
2024 · €491
2022: €-29k
2023: €-61k▼ -109% vs 2022lowest in 4 years
2024: €491▲ +101% vs 2023
2025: €43k▲ +8731% vs 2024highest in 4 years
2022 → 2025
Total assets
€88k▲ 0.9%
2024 · €87k
2022: €19k
2023: €17k▼ -10.5% vs 2022lowest in 4 years
2024: €87k▲ +404% vs 2023
2025: €88k▲ +0.9% vs 2024highest in 4 years
2022 → 2025
Net result
€43k▼ 30.1%
2024 · €61k
2022: €-31k
2023: €-32k▼ -2.1% vs 2022lowest in 4 years
2024: €61k▲ +293% vs 2023highest in 4 years
2025: €43k▼ -30.1% vs 2024
2022 → 2025
Working capital
€8k
2024 · €-39k
2022: €-45k
2023: €-75k▼ -65.3% vs 2022lowest in 4 years
2024: €-39k▲ +47.5% vs 2023
2025: €8k▲ +119% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-29k-€-61k▼ 109%€491€43k▲ 8,731%
2022: €-29k
2023: €-61k▼ -109% vs 2022lowest in 4 years
2024: €491▲ +101% vs 2023
2025: €43k▲ +8731% vs 2024highest in 4 years
Operating result€-31k-€-32k▼ 2.8%€63k€58k▼ 8.5%
2022: €-31k
2023: €-32k▼ -2.8% vs 2022lowest in 4 years
2024: €63k▲ +300% vs 2023highest in 4 years
2025: €58k▼ -8.5% vs 2024
Net result€-31k-€-32k▼ 2.1%€61k€43k▼ 30.1%
2022: €-31k
2023: €-32k▼ -2.1% vs 2022lowest in 4 years
2024: €61k▲ +293% vs 2023highest in 4 years
2025: €43k▼ -30.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€36k ▼ 9.8%
Current assets
€52k ▲ 9.8%
Equity and liabilities €88k
Equity
€43k ▲ 8,731%
Debt
€44k ▼ 48.7%
Debt's share of the balance-sheet total falls from 99.4% to 50.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▼
2024 · €69k
Cash flow
€50k▼
2024 · €67k
Current ratio
1.17▲
2024 · 0.55
Quick ratio
0.99▲
2024 · 0.47
Debt to equity
1.02
ROE
98.9%
ROA
48.9%▼
2024 · 70.6%
Interest coverage
313.27▲
2024 · 32.34
Debt ≤ 1 year
€44k▼
2024 · €86k
Income taxes
€15k
Staff costs
€94k▲
2024 · €48k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€87k€88k▲
Fixed assets21/28€40k€36k▼
Tangible fixed assets22/27€34k€30k▼
Land and buildings22€27k€25k▼
Plant, machinery and equipment23€6k€4k▼
Financial fixed assets28€6k€6k=
Current assets29/58€47k€52k▲
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€3k-
Other amounts receivable41-€4k
Cash at bank and in hand54/58€37k€39k▲
Deferred charges and accrued income490/1€163-
Equity and liabilities
Total equity and liabilities10/49€87k€88k▲
Equity10/15€491€43k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-2k€41k▲
Amounts payable17/49€86k€44k▼
Amounts payable within one year42/48€86k€44k▼
Trade debts44€20k€14k▼
Suppliers440/4€20k€14k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€1k-
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€58k€23k▼
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€48k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€387€1k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€118k€160k▲
Operating profit (loss)9901€63k€58k▼
Financial income75/76B-€21
Recurring financial income75-€21
Financial charges65/66B€2k€207▼
Recurring financial charges65€2k€207▼
Profit (loss) for the period before taxes9903€61k€58k▼
Income taxes67/77-€15k
Profit (loss) for the period9904€61k€43k▼
Profit (loss) for the period to be appropriated9905€61k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€41k▲
Profit (loss) brought forward from the previous period14P€-63k€-2k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1k | - | - |
| Remuneration, social security and pensions62 | - | €3k | €48k | €94k | ▲ 97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €5k | €7k | ▲ 28.6% |
| Other operating charges640/8 | - | €1k | €387 | €1k | ▲ 164% |
| Non-recurring operating charges66A | - | - | €1k | - | - |
| Gross operating margin9900 | €-29k | €-25k | €118k | €160k | ▲ 35.6% |
| Operating profit (loss)9901 | €-31k | €-32k | €63k | €58k | ▼ 8.5% |
| Financial income75/76B | - | - | - | €21 | - |
| Recurring financial income75 | - | - | - | €21 | - |
| Financial charges65/66B | €255 | €36 | €2k | €207 | ▼ 90.3% |
| Recurring financial charges65 | €255 | €36 | €2k | €207 | ▼ 90.3% |
| Profit (loss) for the period before taxes9903 | €-31k | €-32k | €61k | €58k | ▼ 5.6% |
| Income taxes67/77 | - | - | - | €15k | - |
| Profit (loss) for the period9904 | €-31k | €-32k | €61k | €43k | ▼ 30.1% |
| Profit (loss) for the period to be appropriated9905 | €-31k | €-32k | €61k | €43k | ▼ 30.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €19k | €17k | €87k | €88k | ▲ 0.9% |
| Fixed assets21/28 | €16k | €14k | €40k | €36k | ▼ 9.8% |
| Tangible fixed assets22/27 | €10k | €8k | €34k | €30k | ▼ 11.5% |
| Land and buildings22 | - | - | €27k | €25k | ▼ 6.4% |
| Plant, machinery and equipment23 | €10k | €8k | €6k | €4k | ▼ 33.0% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €3k | €4k | €47k | €52k | ▲ 9.8% |
| Stocks and contracts in progress3 | - | - | €7k | €8k | ▲ 16.6% |
| Stocks30/36 | - | - | €7k | €8k | ▲ 16.6% |
| Amounts receivable within one year40/41 | €3k | €3k | €3k | €4k | ▲ 30.0% |
| Trade receivables40 | - | - | €3k | - | - |
| Other amounts receivable41 | €3k | €3k | - | €4k | - |
| Cash at bank and in hand54/58 | €106 | €544 | €37k | €39k | ▲ 7.3% |
| Deferred charges and accrued income490/1 | - | - | €163 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €19k | €17k | €87k | €88k | ▲ 0.9% |
| Equity10/15 | €-29k | €-61k | €491 | €43k | ▲ 8,731% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-31k | €-63k | €-2k | €41k | ▲ 2,840% |
| Amounts payable17/49 | €48k | €78k | €86k | €44k | ▼ 48.7% |
| Amounts payable within one year42/48 | €48k | €78k | €86k | €44k | ▼ 48.7% |
| Financial debts43 | €42 | - | - | - | - |
| Credit institutions430/8 | €42 | - | - | - | - |
| Trade debts44 | €73 | - | €20k | €14k | ▼ 28.0% |
| Suppliers440/4 | €73 | - | €20k | €14k | ▼ 28.0% |
| Taxes, remuneration and social security45 | - | - | €8k | €7k | ▼ 9.0% |
| Taxes450/3 | - | - | €1k | - | - |
| Remuneration and social security454/9 | - | - | €7k | €7k | ▲ 8.1% |
| Other amounts payable47/48 | €48k | €78k | €58k | €23k | ▼ 61.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-31k | €-32k | €61k | €43k | ▼ 30.1% |
| + Depreciation and write-downs630 | €2k | €2k | €5k | €7k | ▲ 28.6% |
| Operating cash flow (approximation) | €-30k | €-29k | €67k | €50k | ▼ 25.4% |
| Investment in fixed assets (approximation) | - | €0 | €-31k | €-3k | ▲ 90.3% |
| Change in cash | - | €438 | €36k | €3k | ▼ 92.6% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 1.17
Current ratio from 0.55 to 1.17; short-term debt falls from €86k to €44k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €61k
Net result €61k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2022
Ground area
292 m²
Building footprint
139 m²
Volume, LiDAR
1,433 m³
Parcel 21673D0150/00Z036, Brussels · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LV UP
since 20222.329.944.651
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0150/00Z036 | Brussels | 292 m² | 1 · 139 m² | 15.4 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lambrechts-Woluwe2.329.944.651
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,435 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
Founded11-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
bougon.eve@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.