Financials
- Financial year
- 2025
- Total assets
- €665,196
- Loss
- -€335,069
- Solvency
- 25.2%
Total assets▼ 21.9%
Net result
20222025
TurnUp
ActiveSummary
The annual accounts of TurnUp for financial year 2025 show a net loss of 50% of total assets and of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €167,701 and a net result of -€335,069. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 20,890 sector peers (NACE 62, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Computer programming
NACE 62100
8th largest company by total assets in Ronse, Telecoms and IT sector1 site
Size
€665,196total assets 2025
- Staff
- 5.2 FTE
- Equity
- €167,701
- Loss
- -€335,069
Turnover not published (abbreviated or micro format)
Structure
- Board
- 5 members
Accounts 73 days early2 of 6 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €335,069, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €665,196Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 62, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
50-34
equity 25.2% of total assets
Liquidity
46+3
short-term debt 39.4% · cash 11.5%
Profitability
0=
return on assets -50.4%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.3 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.8%▲ +0.4 percentage points vs 07-2025
09-2025: 1.6%▲ +0.8 percentage points vs 08-2025highest value
10-2025: 1.6%● unchanged vs 09-2025highest value
11-2025: 1.3%▼ -0.3 percentage points vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 0.5%▼ -0.9 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.1 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.55, compared with 1.85 in 2024, below 1; short-term debt: 39.4% and cash: 11.5% of total assets), and 74.8% of the assets are financed with debt and provisions.
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 62, micro): better than 25% on solvency, 21% on liquidity, 5% on profitability and 11% on growth.
The bankruptcy probability was computed on 14-10-2026 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
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€335,069
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 20890 sector peers (2025).
NBB · sector comparisonPosition among 20890 sector peers
Solvency
better than 24%
← weakest
strongest →
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 19-05-2026, 73 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
73 days early
2024
26 days late
2023
42 days early
2022
13 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 26 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 4 July (3 of the last 4 filed years within 46 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Resignations: WEBBOSS BV (director) and JDC…Appointments: WEBBOSS BV, JDC INNOVATIX…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Risk: 4 loss-making years in a rowloss financial year 2025 -€335,069 View
- Caution: Among the weakest 5% on net resultsector median €28,801 · 20,898 companies -€335,069 View
- Caution: Equity fell in 2025from €502,769 to €167,701 ▼ 66.6% View
- New directorslatest change 13-05-2026 · 5 in office 5 joined View
- Flemish supportawarded from 2023 to 2025 €258,556 View
By topic
Board & ownership
- Board
- 5 members
- DirectInvestDirector
- Frank ClaassenDirector
- JDC INNOVATIXDirector
- Justine JanssenDirector
- WebbossDirector
Timeline
- Events
- 10
- Since
- 2023
- Next accounts
- by 31-07-2027
- 22-05-2025Permanent representative: Nicolas De Bruyne
- 31-12-2024Weakest financial year
- 31-12-2024Equity above €500,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 22-02-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 38
- Annual meeting
- Last Friday of April at 18:00
- Purpose
- “Het ontwerpen en ontwikkelen van websites; het ontwerpen, ontwikkelen, aanpassen, testen…” (deed in Dutch)
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