UP & CUT
ActiveThe computed 12-month bankruptcy probability of UP & CUT is 1.5% (moderate). The annual accounts of UP & CUT for fiscal year 2024 show a net loss of 74% of the equity at the start of that year. The 2024 annual accounts show equity of €17k and a net result of €-49k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 5897 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▼-44
Solvency32▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.4 against 0.68 in 2023; short-term debt: 93.5% and cash: 13% of total assets), and 93.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.5%
Return on assets
-18.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5897 sector peers (2024).
NBB · sector comparisonPosition among 5897 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▼ 74.3%
2023 · €66k
2018: €5k
2019: €24k
2020: €58k
2021: €53k
2022: €51k
2023: €66k
2018 → 2024
Total assets
€262k▲ 7.8%
2023 · €243k
2018: €94k
2019: €153k
2020: €267k
2021: €284k
2022: €271k
2023: €243k
2018 → 2024
Net result
€-49k
2023 · €15k
2018: €6k
2019: €19k
2020: €34k
2021: €-6k
2022: €-1k
2023: €15k
2018 → 2024
Working capital
€-147k▼ 208%
2023 · €-48k
2018: €-40k
2019: €-40k
2020: €-114k
2021: €-77k
2022: €-76k
2023: €-48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€58k-€53k▼ 9.7%€51k▼ 2.3%€66k▲ 28.9%€17k▼ 74.3%
Operating result€40k-€-3k€4k€27k▲ 498%€-44k
Net result€34k-€-6k€-1k▲ 78.1%€15k€-49k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €44k after €27k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €262k
Fixed assets
€164k▲ 17.1%
Current assets
€98k▼ 5.0%
Equity and liabilities €262k
Equity
€17k▼ 74.3%
Debt
€245k▲ 38.6%
The debt ratio rises from 72.7% to 93.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▼
2023 · €92k
Cash flow
€15k▼
2023 · €81k
Solvency
6.5%▼
2023 · 27.3%
Current ratio
0.40▼
2023 · 0.68
Quick ratio
0.40▼
2023 · 0.68
Debt / equity
14.34▲
2023 · 2.66
ROE
-289.1%▼
2023 · 22.4%
ROA
-18.8%▼
2023 · 6.1%
Interest coverage
3.85▼
2023 · 29.90
Debt
€245k▲
2023 · €177k
Debt ≤ 1 year
€245k▲
2023 · €150k
Income taxes
€129▼
2023 · €9k
Staff costs
€59k▲
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€243k€262k▲
Fixed assets21/28€140k€164k▲
Intangible fixed assets21€3k-
Tangible fixed assets22/27€138k€164k▲
Plant, machinery and equipment23€77k€46k▼
Furniture and vehicles24€36k€97k▲
Other tangible fixed assets26€24k€20k▼
Financial fixed assets28-€135
Current assets29/58€103k€98k▼
Amounts receivable within one year40/41€77k€64k▼
Trade receivables40€59k€33k▼
Other amounts receivable41€18k€30k▲
Cash at bank and in hand54/58€25k€34k▲
Deferred charges and accrued income490/1€800-
Equity and liabilities
Total equity and liabilities10/49€243k€262k▲
Equity10/15€66k€17k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€59k€10k▼
Amounts payable17/49€177k€245k▲
Amounts payable after more than one year17€26k-
Financial debts170/4€26k-
Amounts payable within one year42/48€150k€245k▲
Current portion of amounts payable after more than one year42€30k€16k▼
Trade debts44€4k€93k▲
Suppliers440/4€4k€93k▲
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€9k€4k▼
Remuneration and social security454/9€2k€10k▲
Other amounts payable47/48€105k€122k▲
Income statement
Code20232024
Remuneration, social security and pensions62€32k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€64k▼
Other operating charges640/8€2k€13k▲
Gross operating margin9900€126k€92k▼
Operating profit (loss)9901€27k€-44k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€23k€-49k▼
Income taxes67/77€9k€129▼
Profit (loss) for the period9904€15k€-49k▼
Profit (loss) for the period to be appropriated9905€15k€-49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€10k▼
Profit (loss) brought forward from the previous period14P€44k€59k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-49k ▼431%
Net result drops to €-49k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €34k ▲79.6%
Operating result €40k, net result €34k, both a record.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lasne · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin des Chasseurs 101380 LasneGround area
4,546 m²
Building footprint
439 m²
Volume, LiDAR
2,109 m³
Parcel 25076B0144/00M005, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chemin des Chasseurs 10, 1380 Lasne
since 20152.245.303.441
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0144/00M005 | Wallonia | 4,546 m² | 1 · 439 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,363. 2,999 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2015
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01480Raising of other animals
01490Crop and animal production, hunting and related service activities
31009Manufacture of furniture
31092Manufacture of furniture
43990Other specialised construction activities
43999Specialised construction activities
55204Guest rooms (bed and breakfast)
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.