UP YOUR BIZZ BENELUX
InactiveUP YOUR BIZZ BENELUX was declared bankrupt on 31-12-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 21-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-54k▼ 116%
2020 · €-25k
2018: €-3k
2019: €41k
2020: €-25k
2018 → 2021
Total assets
€55k▼ 46.9%
2020 · €103k
2018: €129k
2019: €188k
2020: €103k
2018 → 2021
Net result
€-29k▲ 56.3%
2020 · €-66k
2018: €-30k
2019: €44k
2020: €-66k
2018 → 2021
Working capital
€-61k▼ 162%
2020 · €-23k
2018: €-8k
2019: €8k
2020: €-23k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-3k-€41k€-25k€-54k▼ 116%
Operating result€-24k-€53k€-65k€-28k▲ 57.3%
Net result€-30k-€44k€-66k€-29k▲ 56.3%
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 €28k in 2021 against €65k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €55k
Fixed assets
€12k▼ 55.2%
Current assets
€42k▼ 43.9%
Key figures and ratios
EBITDA
€-13k▲
2020 · €-48k
Cash flow
€-14k▲
2020 · €-49k
Solvency
-98.7%▼
2020 · -24.3%
Current ratio
0.41▼
2020 · 0.77
Quick ratio
0.41▼
2020 · 0.77
Debt / equity
-2.01▼
2020 · -0.54
ROA
-52.9%▲
2020 · -64.3%
Interest coverage
-12.28
Debt
€109k▼
2020 · €128k
Debt ≤ 1 year
€103k▲
2020 · €99k
Debt > 1 year
€6k▼
2020 · €14k
Staff costs
€35k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€103k€55k▼
Fixed assets21/28€27k€12k▼
Tangible fixed assets22/27€25k€10k▼
Furniture and vehicles24-€5k
Other tangible fixed assets26-€5k
Financial fixed assets28€2k€2k=
Current assets29/58€76k€42k▼
Amounts receivable within one year40/41€49k€40k▼
Trade receivables40-€38k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€26k€2k▼
Deferred charges and accrued income490/1-€285
Equity and liabilities
Total equity and liabilities10/49€103k€55k▼
Equity10/15€-25k€-54k▼
Contributions10/11-€10k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-37k€-66k▼
Amounts payable17/49€128k€109k▼
Amounts payable after more than one year17€14k€6k▼
Financial debts170/4-€6k
Amounts payable within one year42/48€99k€103k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€64k€89k▲
Suppliers440/4-€89k
Taxes, remuneration and social security45-€6k
Remuneration and social security454/9-€6k
Income statement
Code20202021
Remuneration, social security and pensions62-€35k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Other operating charges640/8-€496
Gross operating margin9900€-12k€23k▲
Operating profit (loss)9901€-65k€-28k▲
Financial charges65/66B-€1k
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-66k€-29k▲
Profit (loss) for the period9904€-66k€-29k▲
Profit (loss) for the period to be appropriated9905€-66k€-29k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-66k
Profit (loss) brought forward from the previous period14P-€-37k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · UP YOUR BIZZ BENELUX BV LOUIZALAAN 523, 1050 ELSENE · event 14-10-2025
07-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · UP YOUR BIZZ BENELUX BV LOUIZALAAN 523, 1050 ELSENE · event 31-12-2024
2024
25-09
Bankruptcy
Judicial dissolution
Tribunal de l’entreprise francophone de Bruxelles · UP YOUR BIZZ BENELUX- AVENUE LOUISE 523, 1050 IXELLES
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-66k ▼250%
Net result drops to €-66k, the lowest in the series.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
31-12-2024 → present |