Losses
-€1,990 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MODEL UP
Lifetime
7 annual accounts with figures on one time axispeak €3,278 (2023)
-€1,419▼ €2,172
lowest -€2,071 (2019)
-€1,966▼ €1,942
peak €14,048 (2023)
€12,057▼ 14.0%
€9▼ 98.7%
Board5 names since 2018
4 directorsBERNARD Stéphane and 3 others
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €753 to -€1,419Loss of €1,966Equity from €14,024 to €12,057Debts from €693 to €9
Key points
from the 2025 annual accountsFilings
7 annual accounts 5 late
The 2019 accounts came latest: 46 days after the end of the period.
Position in the sector
99.9%
Higher solvency than 95% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Turnover not published (micro format)
Checked score
94
Excellent
Financially stronger than 53% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 25 days late; 1 of the last 3 accounts late
Loss of €1,966, the second in a row (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1382.15, cash €11,787
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 71, micro). It does better than 87% of them on solvency, 97% on liquidity, 4% on profitability and 25% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as MODEL UP has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MODEL UP itself is lower: 0.1% within 12 months. It rests on far more data about MODEL UP than the profile alone.
Test of the method
The method was tested on the 497,448 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 3,591 companies, not a prediction for MODEL 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.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Short-term debt is 0.1% and cash 97.7% of total assets. 0.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
25 days late
2024
31 days late
2023
28 days late
2022
9 days late
2021
11 days early
2020
8 days early
2019
46 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Architecture et engineering Philippe DECOCK, Ir Architectescore 84equity €136,941 (2025) · deed of 30-11-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0695775852
Amendment of the articles · Legal-form change · Resignations & appointments
Appointments: DECOCK Philippe, BERNARD Stéphane and BLAREAU Olivier · Permanent representative: DECOCK Philippe · BERNARD Stéphane holds 30 shares · Gazette deed
Registered office moved to Namur
New registered office: Avenue Reine Astrid, 16 à 5000 NAMUR · Gazette deed
Incorporation
Founders: Architecture & engineering Philippe DECOCK, BERNARD Stéphane André Paul and BLAREAU Olivier Daniel Didier Ghislain · Founding capital of €18,600, 100 shares, €13,020 paid up · Appointments: DECOCK Philippe, BERNARD Stéphane André Paul and BLAREAU Olivier Daniel Didier Ghislain · published on 09-05-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MODEL UP Namur | €12,066 | -€1,419 | 99.9% | - |
| Storm 53 Antwerp | €12,544 | -€1,675 | -730.3% | 0 |
| CONVEYOR SYSTEMS ATL Asse | €10,684 | -€1,146 | 0.0% | - |
| NIKA CLEANROOM Herstal | €12,062 | -€31,299 | -206.1% | - |
| ZSystems Bierbeek | €13,825 | -€513 | -92.0% | - |
| CORIANCE Belgique Herstal | €10,526 | -€1,400 | -4835.1% | 1.1 |
| ASSISE Chaudfontaine | €11,237 | -€2,034 | -56.2% | - |
These companies have the same main activity as MODEL UP: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €10,500 and €13,800, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 07-05-2018Normal situation
- Registered office
- 19 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 6 others
- Establishment unit
- 2.275.563.8775000 Namur, since 07-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on MODEL UP
MODEL UP files the micro format. That format states no turnover. The gross margin fell from -€1,366 in 2019 to -€1,419 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MODEL UP
- What is the company number of MODEL UP?
- The company number of MODEL UP is 0695.775.852. The VAT number is the same number with BE in front: BE 0695.775.852.
- Where is MODEL UP based?
- The registered office is at Avenue Reine Astrid 16, 5000 Namur.Company details
- What does MODEL UP do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of MODEL UP?
- MODEL UP is a private limited company (BV).
- When was MODEL UP founded?
- MODEL UP was founded on 07-05-2018.
- Is MODEL UP still active?
- Yes, MODEL UP is an active enterprise in the KBO register.
- What is the turnover of MODEL UP?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MODEL UP profitable?
- In financial year 2025, MODEL UP made a loss of €1,966.
- Where can I find the annual accounts of MODEL UP?
- MODEL UP filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MODEL UP due?
- MODEL UP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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