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UP WIDER

Active
Public limited companyfounded 201312 yrs activeGroeselenbergstraat 136, 1180 Ukkel, BelgiumKBO/BCE: BE 0540.685.621

UP WIDER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.46M and a net result of €331k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
80 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+31
Solvency70▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.69 in 2023; short-term debt: 55.1% and cash: 35.6% of total assets), but 55.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
44.9%
Return on assets
10.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-07-2025, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
10 d early
2023
54 d late
2022
45 d late
2021
46 d late
2020
29 d early
2019
39 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€331k▲ 7.5%
2023 · €308k
2018: €32k 2019: €35k 2020: €57k 2021: €215k 2022: €289k 2023: €308k
2018 → 2024
Working capital
€1.45M▲ 20.0%
2023 · €1.21M
2018: €218k 2019: €252k 2020: €306k 2021: €516k 2022: €920k 2023: €1.21M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€315k-€529k▲ 68.2%€818k▲ 54.6%€1.13M▲ 37.6%€1.46M▲ 29.4%
Operating result€84k-€373k▲ 347%€605k▲ 62.0%€916k▲ 51.5%€578k▼ 36.9%
Net result€57k-€215k▲ 276%€289k▲ 34.6%€308k▲ 6.6%€331k▲ 7.5%
Result per fiscal year
Operating resultNet result
€0€250k€500k€750k€1.00MOperating result 2020: €84k€84kNet result 2020: €57k€57kOperating result 2021: €373k€373kNet result 2021: €215k€215kOperating result 2022: €605k€605kNet result 2022: €289k€289kOperating result 2023: €916k€916kNet result 2023: €308k€308kOperating result 2024: €578k€578kNet result 2024: €331k€331k20202021202220232024
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.25M
Fixed assets €9k▼ 20.0%
Current assets €3.24M▲ 9.4%
Equity and liabilities €3.25M
Equity €1.46M▲ 29.4%
Debt €1.79M▼ 3.0%
The debt ratio falls from 62.1% to 55.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€583k
2023 · €918k
Cash flow
€337k
2023 · €310k
Solvency
44.9%
2023 · 37.9%
Current ratio
1.81
2023 · 1.69
Quick ratio
1.81
2023 · 1.69
Debt / equity
1.23
2023 · 1.64
ROE
22.7%
2023 · 27.3%
ROA
10.2%
2023 · 10.4%
Interest coverage
5.72
2023 · 2.00
Debt
€1.79M
2023 · €1.85M
Debt ≤ 1 year
€1.79M
2023 · €1.75M
Income taxes
€150k
2023 · €150k
Staff costs
€279k
2023 · €485k
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€2.97M€3.25M
Fixed assets21/28€11k€9k
Tangible fixed assets22/27€11k€9k
Furniture and vehicles24€11k€9k
Current assets29/58€2.96M€3.24M
Amounts receivable within one year40/41€1.94M€1.08M
Trade receivables40€1.92M€1.01M
Other amounts receivable41€14k€71k
Current investments50/53-€1.00M
Cash at bank and in hand54/58€1.02M€1.16M
Equity and liabilities
Total equity and liabilities10/49€2.97M€3.25M
Equity10/15€1.13M€1.46M
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€795k€1.10M
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€785k€1.09M
Profit (loss) carried forward14€231k€257k
Amounts payable17/49€1.85M€1.79M
Amounts payable within one year42/48€1.75M€1.79M
Trade debts44€1.39M€1.78M
Suppliers440/4€1.39M€1.78M
Taxes, remuneration and social security45€232k€14k
Taxes450/3€174k€7k
Remuneration and social security454/9€58k€7k
Other amounts payable47/48€128k-
Accrued charges and deferred income492/3€91k-
Income statement Code20232024
Remuneration, social security and pensions62€485k€279k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k
Other operating charges640/8€4k€2k
Gross operating margin9900€1.41M€864k
Operating profit (loss)9901€916k€578k
Financial income75/76B€2k€5k
Recurring financial income75€2k€5k
Financial charges65/66B€460k€102k
Recurring financial charges65€460k€102k
Profit (loss) for the period before taxes9903€458k€481k
Income taxes67/77€150k€150k
Profit (loss) for the period9904€308k€331k
Profit (loss) for the period to be appropriated9905€308k€331k
Appropriation of the result
Profit (loss) to be appropriated9906€536k€562k
Profit (loss) brought forward from the previous period14P€228k€231k
Transfer to equity691/2€305k€305k=
To other reserves6921€305k€305k=
Social balance
Average headcount (FTE)908710.25.4

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
21-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €331k ▲7.5%
Net result €331k, the highest in the series.
23-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 54 days late
2023
31-12
Financial Equity above €1MEq €1.13M ▲37.6%
6 profitable years in a row build equity to €1.13M.
14-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 45 days late
2022
15-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 46 days late
2021
31-12
Financial Equity above €500kEq €529k ▲68.2%
4 profitable years in a row build equity to €529k.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
12-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 43 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, Ukkel · 2 establishment units since 2013
establishment All 2 establishment units on the map
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.

Groeselenbergstraat 1361180 Ukkel
Ground area
2,288 m²
Building footprint
2,045 m²
Volume, LiDAR
39,620 m³
2 parcels, Brussels · tallest building 44.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
UP WIDER
Groeselenbergstraat 136, 1180 UkkelComputer programming, consultancy and related activities
since 20132.222.946.030
Louizalaan 485, 1050 Elsene
IT consultancy
since 20232.350.043.645
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0224/00M007 Brussels 2,178 m² 1 · 1,973 m² 44.7 m · 4 fl.
21618B0346/00A002 Brussels 110 m² 1 · 72 m² 12.8 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900YIDFPLFJ5T4A12
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 23,665 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded10-10-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.