UP STYLE
ActiveSummary
The computed 12-month bankruptcy probability of UP STYLE is 3.1% (moderate). The 2025 annual accounts show equity of €175,204 and a net result of -€11,471. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 39% of 28184 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-31
Solvency62▼-2
Growth54▼-1
Track record84
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.4 against 0.42 in 2024; short-term debt: 63.1% and cash: 1.5% of total assets), and 63.1% of the assets are financed with debt.
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Signals
Eight 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
1819202122232425
2018 to 2025 · latest year -€11,471
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
30 d early
2023
37 d early
2022
42 d early
2021
10 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€36,746▲ 3.3%
2024 · €35,580
EBIT margin
-31.2%▼ 11.7pp
2024 · -19.6%
Net result
-€11,471▼ 62.9%
2024 · -€7,043
Working capital
-€180,496▼ 7.4%
2024 · -€168,035
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€30,000=€27,500▼ 8.3%€31,812▲ 15.7%€35,580▲ 11.8%€36,746▲ 3.3%
Operating result€12,287▼ 14.4%€11,426▼ 7.0%-€4,518-€6,959▼ 54.0%-€11,480▼ 65.0%
Net result€8,637within the sector's middle half▼ 23.7%€7,504within the sector's middle half▼ 13.1%-€4,474below the sector's middle half-€7,043below the sector's middle half▼ 57.4%-€11,471below the sector's middle half▼ 62.9%
EBIT margin41.0%▼ 6.9pp41.5%▲ 0.6pp-14.2%▼ 55.8pp-19.6%▼ 5.4pp-31.2%▼ 11.7pp
Equity€190,688above the sector's middle half▲ 4.7%€198,192above the sector's middle half▲ 3.9%€193,718above the sector's middle half▼ 2.3%€186,675above the sector's middle half▼ 3.6%€175,204above the sector's middle half▼ 6.1%
Total assets€522,747above the sector's middle half▲ 1.2%€537,479above the sector's middle half▲ 2.8%€497,158above the sector's middle half▼ 7.5%€476,516above the sector's middle half▼ 4.2%€474,206above the sector's middle half▼ 0.5%
Debt€332,059▼ 0.7%€339,287▲ 2.2%€303,440▼ 10.6%€289,841▼ 4.5%€299,002▲ 3.2%
Working capital-€86,269▲ 18.9%-€67,256▲ 22.0%-€156,472▼ 133%-€168,035▼ 7.4%-€180,496▼ 7.4%
Solvency36.5%within the sector's middle half▲ 1.2pp36.9%within the sector's middle half▲ 0.4pp39.0%within the sector's middle half▲ 2.1pp39.2%within the sector's middle half▲ 0.2pp36.9%within the sector's middle half▼ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,480 in 2025 against €6,959 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €474,206
Fixed assets
€355,700 ▲ 0.3%
Current assets
€118,506 ▼ 2.7%
Equity and liabilities €474,206
Equity
€175,204 ▼ 6.1%
Debt
€299,002 ▲ 3.2%
Debt's share of the balance-sheet total rises from 60.8% to 63.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,000▼
2024 · €8,520
Cash flow
€4,009▼
2024 · €8,436
Current ratio
0.40▼
2024 · 0.42
Quick ratio
0.04▼
2024 · 0.05
Debt to equity
1.71▲
2024 · 1.55
ROE
-6.5%▼
2024 · -3.8%
ROA
-2.4%▼
2024 · -1.5%
Debt ≤ 1 year
€299,002▲
2024 · €289,841
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,685 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.5%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €30,000 | €27,500 | €31,812 | €35,580 | €36,746 | ▲ 3.3% |
| Goods, raw materials, services and sundry goods60/61 | €4,686 | €3,669 | €5,975 | €24,779 | €30,834 | ▲ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,509 | €11,509 | €13,217 | €15,479 | €15,480 | = |
| Other operating charges640/8 | €1,518 | €896 | €2,138 | €2,281 | €1,912 | ▼ 16.2% |
| Non-recurring operating charges66A | - | - | €15,000 | - | - | - |
| Gross operating margin9900 | €25,314 | €23,831 | €25,837 | €10,801 | €5,912 | ▼ 45.3% |
| Operating profit (loss)9901 | €12,287 | €11,426 | -€4,518 | -€6,959 | -€11,480 | ▼ 65.0% |
| Financial income75/76B | - | €54 | €3 | - | €9 | - |
| Recurring financial income75 | - | €54 | €3 | - | €9 | - |
| Financial charges65/66B | €141 | €221 | €72 | €67 | - | - |
| Recurring financial charges65 | €141 | €221 | €72 | €67 | - | - |
| Profit (loss) for the period before taxes9903 | €12,146 | €11,259 | -€4,587 | -€7,026 | -€11,471 | ▼ 63.3% |
| Income taxes67/77 | €3,509 | €3,755 | -€113 | €17 | - | - |
| Profit (loss) for the period9904 | €8,637 | €7,504 | -€4,474 | -€7,043 | -€11,471 | ▼ 62.9% |
| Profit (loss) for the period to be appropriated9905 | €8,637 | €7,504 | -€4,474 | -€7,043 | -€11,471 | ▼ 62.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €522,747 | €537,479 | €497,158 | €476,516 | €474,206 | ▼ 0.5% |
| Fixed assets21/28 | €276,957 | €265,448 | €350,190 | €354,710 | €355,700 | ▲ 0.3% |
| Tangible fixed assets22/27 | €276,957 | €265,448 | €350,190 | €354,606 | €355,596 | ▲ 0.3% |
| Land and buildings22 | €276,957 | €265,448 | €253,938 | €242,429 | €230,919 | ▼ 4.7% |
| Furniture and vehicles24 | - | - | €18,142 | €14,172 | €10,202 | ▼ 28.0% |
| Other tangible fixed assets26 | - | - | €78,110 | €98,005 | €114,475 | ▲ 16.8% |
| Financial fixed assets28 | - | - | - | €104 | €104 | = |
| Current assets29/58 | €245,790 | €272,031 | €146,968 | €121,806 | €118,506 | ▼ 2.7% |
| Stocks and contracts in progress3 | €107,075 | €107,075 | €107,075 | €107,075 | €107,075 | = |
| Stocks30/36 | €107,075 | €107,075 | €107,075 | €107,075 | €107,075 | = |
| Amounts receivable within one year40/41 | €3,459 | €6,050 | €13,258 | €4,088 | €3,498 | ▼ 14.4% |
| Trade receivables40 | €3,459 | €6,050 | €3,208 | €3,588 | - | - |
| Other amounts receivable41 | - | - | €10,050 | €500 | €3,498 | ▲ 600% |
| Cash at bank and in hand54/58 | €135,256 | €158,815 | €25,814 | €9,806 | €7,063 | ▼ 28.0% |
| Deferred charges and accrued income490/1 | - | €91 | €821 | €837 | €870 | ▲ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €522,747 | €537,479 | €497,158 | €476,516 | €474,206 | ▼ 0.5% |
| Equity10/15 | €190,688 | €198,192 | €193,718 | €186,675 | €175,204 | ▼ 6.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €1,860 | €9,360 | €9,360 | €9,360 | €9,360 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €7,500 | €9,360 | €9,360 | €9,360 | = |
| Profit (loss) carried forward14 | €170,228 | €170,232 | €165,758 | €158,715 | €147,244 | ▼ 7.2% |
| Amounts payable17/49 | €332,059 | €339,287 | €303,440 | €289,841 | €299,002 | ▲ 3.2% |
| Amounts payable within one year42/48 | €332,059 | €339,287 | €303,440 | €289,841 | €299,002 | ▲ 3.2% |
| Trade debts44 | - | €3,187 | €16,261 | €1,545 | €4,593 | ▲ 197% |
| Suppliers440/4 | - | €3,187 | €16,261 | €1,545 | €4,593 | ▲ 197% |
| Taxes, remuneration and social security45 | €4,815 | €8,856 | €3,755 | €4,872 | €10,984 | ▲ 125% |
| Taxes450/3 | €4,815 | €8,856 | €3,755 | €2,872 | €2,984 | ▲ 3.9% |
| Remuneration and social security454/9 | - | - | - | €2,000 | €8,000 | ▲ 300% |
| Other amounts payable47/48 | €327,244 | €327,244 | €283,424 | €283,424 | €283,425 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,637 | €7,504 | -€4,474 | -€7,043 | -€11,471 | ▼ 62.9% |
| + Depreciation and write-downs630 | €11,509 | €11,509 | €13,217 | €15,479 | €15,480 | = |
| Operating cash flow (approximation) | €20,146 | €19,013 | €8,743 | €8,436 | €4,009 | ▼ 52.5% |
| Investment in fixed assets (approximation) | - | €0 | -€97,959 | -€19,999 | -€16,470 | ▲ 17.6% |
| Change in cash | - | €23,559 | -€133,001 | -€16,008 | -€2,743 | ▲ 82.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
KBO administration
Address strikeout annulled
17-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 11-04-2026
- Registered-office move, rue de la gare 14 à 5530 Yvoir
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
22-06
KBO administration
Address struck
Rue de Dave(JB) 278 L’adresse du siège Rue de Dave(JB) 278 5100 Die Sitzadresse Rue de Dave(JB) 278 5100
5100 Namur werd doorgehaald met ingang Namur · event 14-04-2026
2025
31-12
Financial
Weakest financial yearnet -€11,471
Net result drops to -€11,471, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €11,327 ▲187%
Operating result €14,346, net result €11,327, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Yvoir · 1 establishment unit since 2013
Ground area
2,572 m²
Building footprint
223 m²
Volume, LiDAR
2,636 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
UP STYLE
since 20132.219.251.419
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92322F0494/00A000 | Wallonia | 2,493 m² | 1 · 223 m² | 14.2 m · 4 fl. |
| 91141C0002/00X002 | Wallonia | 79 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,300 companies in sector 43350 we hold annual accounts for 2,362. 1,846 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
70200Business and other management consultancy
81210General cleaning of buildings
Contact
Phone
0475/297.221
E-invoicing
Reachable via Peppol
Peppol ID
0208:0521980061
Also
9925:BE0521980061
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.