Lower solvency than 93% of companies in financial services. Sector median 62.6% · 2,073 companies.
2025 accounts filed 31 days after the deadline
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885511119
Resignations: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director)
General meeting of 20-12-2025 · Gazette deed
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Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as UP-DATE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €2.8m and €5.4m, founded between 2004 and 2010.
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Insights on UP-DATE
UP-DATE is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €173,424 and a net result of €19,119.
Equity has been shrinking by about 21% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 7% of 2,073 sector peers (NACE 64, financial year 2025).
The company has been active since 2006 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.