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Up Solutions

Active
Private limited companyfounded 2019active for 7 yearsBaron Ruzettelaan 1, 8310 Brugge, Belgium10 active companies are registered at this addressKBO/BCE: BE 0728.850.377
Summary

The computed 12-month bankruptcy probability of Up Solutions is 2.4% (moderate). The 2024 annual accounts show equity of €34,603 and a net result of -€17,139. Equity is shrinking by about 24% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 40% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other non-specialised retail sale
NACE 47120Advertising agencies NACE 73110
2 sites
Size
€119,450total assets 2024
Staff
2 FTE
Equity
€34,603
Loss
-€17,139
Turnover not published (micro format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Accounts 82 days overdue0 of 1 deed read
Why 52raises riskLatest accounts 80 days late; 3 of the last 3 lateSector: Retail trade (NACE 47)Equity €25,980 (22.2% of total assets)lowers riskLiquidity: current ratio 0.83, cash €45,292Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 54-9
equity 29.0% of total assets
Liquidity 48+8
short-term debt 65.3% · cash 25.6%
Profitability 22-50
return on assets -14.3%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,230 companies, NACE 47, micro)
Last 24 months 11-2024: 3.0% 12-2024: 3.0%● unchanged vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.8%▲ +0.8 percentage points vs 07-2025 09-2025: 3.6%▼ -0.2 percentage points vs 08-2025 10-2025: 5.3%▲ +1.7 percentage points vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 6.5%▲ +1.2 percentage points vs 11-2025highest value 01-2026: 3.3%▼ -3.2 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.4%▲ +0.1 percentage points vs 03-2026 05-2026: 3.2%▼ -0.2 percentage points vs 04-2026 06-2026: 3.0%▼ -0.2 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 4.3%▲ +1.3 percentage points vs 07-2026 09-2026: 4.7%▲ +0.4 percentage points vs 08-2026 10-2026: 2.4%▼ -2.3 percentage points vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.02, compared with 1.08 in 2023, below the usual 1.5; short-term debt: 65.3% and cash: 25.6% of total assets), and 71% 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 47, micro): better than 38% on solvency, 63% on liquidity, 42% on profitability and 18% on growth.

The bankruptcy probability was computed on 20-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Latest accounts 80 days late; 3 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 0.83, cash €45,292
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €25,980 (22.2% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
137 days late
2023
84 days late
2022
88 days late
2021
106 days late
2020
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 101 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €3,148

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Caution: Among the weakest 19% on net resultsector median €5,095 · 22,363 companies -€8,623 View
  • Total assets 20245 financial years filed €119,450 View

By topic

Financials

Financial year
2024
Total assets
€119,450
Loss
-€17,139
Solvency
29.0%
Total assets▼ 11.1%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 27-10-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 14-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Other non-specialised retail saleNACE 47120
Founded
25-06-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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