Up2Charge
ActiveSummary
Up2Charge has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,510 and a net result of €10,129. Equity is shrinking by ~24.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 40% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+83
Solvency63▲+63
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 0.32 in 2024; short-term debt: 61.5% and cash: 60.3% of total assets), and 61.5% of the assets are financed with debt.
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Signals
Five 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.5%
Return on assets
51.9%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
22 d late
2023
57 d early
2022
46 d early
2021
13 d early
2020
3 d late
2019
25 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 13 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€7,510
2024 · -€2,619
Total assets
€19,518▲ 159%
2024 · €7,539
Net result
€10,129
2024 · -€427
Working capital
€4,334
2024 · -€6,913
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€520▼ 81.0%-€7,095-€2,404▲ 66.1%-€177▲ 92.6%€10,321
Net result€363▼ 85.9%-€7,250-€2,442▲ 66.3%-€427▲ 82.5%€10,129
Equity€7,499▲ 5.1%€249▼ 96.7%-€2,192-€2,619▼ 19.5%€7,510
Total assets€9,004▲ 10.0%€249▼ 97.2%€7,518▲ 2,914%€7,539▲ 0.3%€19,518▲ 159%
Debt€1,505▲ 43.1%€9,710€10,158▲ 4.6%€12,008▲ 18.2%
Working capital€7,847▲ 10.0%-€2,965-€6,913▼ 133%€4,334
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10,321 after a loss of €177 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19,518
Fixed assets
€3,176 ▼ 26.0%
Current assets
€16,342 ▲ 404%
Equity and liabilities €19,518
Equity
€7,510
Debt
€12,008
Debt finances 61.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€11,439▲
2024 · €169
Cash flow
€11,247▲
2024 · -€81
Current ratio
1.36▲
2024 · 0.32
Quick ratio
1.25▲
2024 · 0.24
Debt to equity
1.60▲
2024 · -3.88
ROE
134.9%
ROA
51.9%▲
2024 · -5.7%
Interest coverage
55.96▲
2024 · 0.68
Debt ≤ 1 year
€12,008▲
2024 · €10,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €260 | €346 | €1,118 | ▲ 223% |
| Other operating charges640/8 | €348 | - | €716 | €528 | €688 | ▲ 30.3% |
| Gross operating margin9900 | €867 | -€7,095 | -€1,427 | €697 | €12,127 | ▲ 1,639% |
| Operating profit (loss)9901 | €520 | -€7,095 | -€2,404 | -€177 | €10,321 | ▲ 5,933% |
| Financial income75/76B | - | - | €5 | €0 | €12 | ▲ 11,055% |
| Recurring financial income75 | - | - | €5 | €0 | €12 | ▲ 11,055% |
| Financial charges65/66B | €157 | €155 | €43 | €250 | €204 | ▼ 18.3% |
| Recurring financial charges65 | €157 | €155 | €43 | €250 | €204 | ▼ 18.3% |
| Profit (loss) for the period before taxes9903 | €363 | -€7,250 | -€2,442 | -€427 | €10,129 | ▲ 2,472% |
| Profit (loss) for the period9904 | €363 | -€7,250 | -€2,442 | -€427 | €10,129 | ▲ 2,472% |
| Profit (loss) for the period to be appropriated9905 | €363 | -€7,250 | -€2,442 | -€427 | €10,129 | ▲ 2,472% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9,004 | €249 | €7,518 | €7,539 | €19,518 | ▲ 159% |
| Fixed assets21/28 | - | - | €773 | €4,294 | €3,176 | ▼ 26.0% |
| Tangible fixed assets22/27 | - | - | €773 | €4,294 | €3,176 | ▼ 26.0% |
| Plant, machinery and equipment23 | - | - | - | €3,865 | €3,092 | ▼ 20.0% |
| Furniture and vehicles24 | - | - | €773 | €428 | €84 | ▼ 80.4% |
| Current assets29/58 | €9,004 | €249 | €6,745 | €3,245 | €16,342 | ▲ 404% |
| Stocks and contracts in progress3 | - | - | €809 | €799 | €1,331 | ▲ 66.7% |
| Stocks30/36 | - | - | €809 | €799 | €1,331 | ▲ 66.7% |
| Amounts receivable within one year40/41 | €2,845 | €249 | €4,658 | €627 | €2,768 | ▲ 341% |
| Trade receivables40 | €2,845 | - | €4,091 | €572 | €2,198 | ▲ 284% |
| Other amounts receivable41 | - | €249 | €567 | €55 | €570 | ▲ 937% |
| Cash at bank and in hand54/58 | €6,159 | - | €1,279 | €1,336 | €11,772 | ▲ 781% |
| Deferred charges and accrued income490/1 | - | - | - | €483 | €470 | ▼ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9,004 | €249 | €7,518 | €7,539 | €19,518 | ▲ 159% |
| Equity10/15 | €7,499 | €249 | -€2,192 | -€2,619 | €7,510 | ▲ 387% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€561 | -€7,811 | -€10,252 | -€10,679 | -€550 | ▲ 94.8% |
| Amounts payable17/49 | €1,505 | - | €9,710 | €10,158 | €12,008 | ▲ 18.2% |
| Amounts payable within one year42/48 | €1,157 | - | €9,710 | €10,158 | €12,008 | ▲ 18.2% |
| Trade debts44 | €270 | - | €892 | €766 | €2,812 | ▲ 267% |
| Suppliers440/4 | €270 | - | €892 | €766 | €2,812 | ▲ 267% |
| Advances received on contracts in progress46 | - | - | - | €482 | - | - |
| Taxes, remuneration and social security45 | €887 | - | - | €37 | €37 | = |
| Taxes450/3 | €884 | - | - | €37 | €37 | = |
| Remuneration and social security454/9 | €3 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €8,818 | €8,873 | €9,159 | ▲ 3.2% |
| Accrued charges and deferred income492/3 | €348 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €363 | -€7,250 | -€2,442 | -€427 | €10,129 | ▲ 2,472% |
| + Depreciation and write-downs630 | - | - | €260 | €346 | €1,118 | ▲ 223% |
| Operating cash flow (approximation) | €363 | -€7,250 | -€2,181 | -€81 | €11,247 | ▲ 14,043% |
| Investment in fixed assets (approximation) | - | - | - | -€3,867 | €0 | ▲ 100% |
| Change in cash | - | - | - | €57 | €10,436 | ▲ 18,129% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €10,129
Net result €10,129 after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.36
Current ratio from 0.32 to 1.36.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€7,250
Net result drops to -€7,250, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Back to profitnet €2,580
Net result €2,580 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.79
Current ratio from 2.24 to 7.79; short-term debt falls from €3,602 to €1,051.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Haaltert · 2 establishment units since 2015
Ground area
557 m²
Building footprint
420 m²
Volume, LiDAR
2,206 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Up2Charge
since 20152.239.643.787
Car TechCenter
since 20242.370.204.995
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41049A0442/00Y000 | Flanders | 351 m² | 1 · 278 m² | 10.3 m · 2 fl. |
| 41024A0094/00N002 | Flanders | 206 m² | 1 · 142 m² | 10.2 m · 1 fl. |
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.
Similar companies · same sector, comparable size
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BE 0838.938.647
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GEBR. KEMPS & CO
BE 0538.712.165
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HELL THERMIC
BE 0471.366.550
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ACTIF CHAUFFAGE
BE 0749.626.391
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 2,116 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
Founded20-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
27900Manufacture of electrical equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
Scores and ratios are computed by Checked and are not a credit decision.