Up&Co
The computed 12-month bankruptcy probability of Up&Co is 1.6% (moderate). The 2023 annual accounts show negative equity (€-1.51M) and a net result of €-290k. Equity is shrinking by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 577 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1.51M |
| Net result | €-290k |
| Staff (FTE) | 10.4 |
| Better than sector | 6% |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -72.1% | 30.4% | |
| Net result | €-290k | €40k | |
| Equity | €-1.51M | €503k | |
| Gross operating margin | €381k | €110k | |
| Staff costs | €563k | €515k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-186k |
| Net profit | €-290k |
| Cash flow | €-265k |
| Staff costs | €563k |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €2.10M |
| Equity | €-1.51M |
| Debt | €3.61M |
| of which ≤ 1y | €3.61M |
| of which > 1y | - |
| Working capital | €-1.58M |
| Employees (FTE) | 10.4 |
| 2023 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.56 |
| Working capital ratio | -75.1% |
| Solvency | -72.1% |
| Debt / equity | -2.39 |
| Long-term debt ratio | - |
| Interest coverage | -2.37 |
| Gross margin | - |
| Net margin | - |
| ROA | -13.8% |
| ROE | 19.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.10M |
| Fixed assets | 21/28 | €71k |
| Intangible fixed assets | 21 | €64k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €2.03M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €1.72M |
| Cash & bank | 54/58 | €308k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.10M |
| Equity | 10/15 | €-1.51M |
| Contributions / capital | 10/11 | €22k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €-1.54M |
| Amounts payable | 17/49 | €3.61M |
| Amounts payable within one year | 42/48 | €3.61M |
| Trade debts payable within one year | 44 | €944k |
| Income statement | ||
| Gross operating margin | 9900 | €381k |
| Operating result | 9901 | €-211k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €78k |
| Result before taxes | 9903 | €-290k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-290k |
| Result to be appropriated | 9905 | €-290k |
| NACE primary | Wholesale trade(46497) |
| Legal form | Private limited company(610) |
| Incorporation | 06-03-2015 |
| Status | Active |
| Postal code | 1301 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006D0182/00H000 | Wallonia | 4,062 m² | 1 · 1,881 m² | 8.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-12-2024 1 director appointed, 1 resigning
- Anne-Sophie Hergault, Bestuurder
- FOG, Bestuurder
Technical details
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}04-12-2023 2 directors appointed
- FAES Vincent, Bestuurder
- FAES Vincent, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Up&Co |