UPA
ActiveSummary
UPA has been active since 1951 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.98M and a net result of €21k. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+31
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 9.04 against 36.73 in 2024; short-term debt: 6.1% and cash: 19.2% of total assets), and 7.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
92.1%
Return on assets
0.3%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
17 d early
2023
26 d late
2022
25 d early
2021
22 d late
2020
23 d early
2019
45 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k▲ 159%
2024 · €8k
2018: €-62k
2019: €25k
2020: €-15k
2021: €-150k
2022: €-12k
2023: €26k
2024: €8k
2018 → 2025
Working capital
€3.17M▼ 5.6%
2024 · €3.35M
2018: €4.46M
2019: €4.50M
2020: €4.52M
2021: €4.55M
2022: €4.34M
2023: €4.39M
2024: €3.35M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.94M-€5.92M▼ 0.2%€5.95M▲ 0.4%€5.96M▲ 0.1%€5.98M▲ 0.4%
Operating result€-162k-€21k€-10k€-31k▼ 205%€-28k▲ 8.5%
Net result€-150k-€-12k▲ 92.0%€26k€8k▼ 67.6%€21k▲ 159%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €31k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.49M
Fixed assets
€2.93M ▲ 6.9%
Current assets
€3.56M ▲ 3.3%
Equity and liabilities €6.49M
Equity
€5.98M ▲ 0.4%
Debt
€512k ▲ 122%
Debt's share of the balance-sheet total rises from 3.7% to 7.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▲
2024 · €14k
Cash flow
€77k▲
2024 · €53k
Current ratio
9.04▼
2024 · 36.73
Debt to equity
0.09▲
2024 · 0.04
ROE
0.4%▲
2024 · 0.1%
ROA
0.3%▲
2024 · 0.1%
Interest coverage
6.21▲
2024 · -1.50
Debt ≤ 1 year
€394k▲
2024 · €94k
Debt > 1 year
€117k▼
2024 · €133k
Income taxes
€38k▲
2024 · €8k
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.19M€6.49M▲
Fixed assets21/28€2.74M€2.93M▲
Tangible fixed assets22/27€1.51M€1.64M▲
Land and buildings22€1.50M€1.64M▲
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€1.23M€1.29M▲
Current assets29/58€3.45M€3.56M▲
Amounts receivable after more than one year29€709k€860k▲
Other amounts receivable291€709k€860k▲
Amounts receivable within one year40/41€205k€388k▲
Trade receivables40€3k€7▼
Other amounts receivable41€202k€388k▲
Current investments50/53€1.03M€1.03M▲
Cash at bank and in hand54/58€1.49M€1.24M▼
Deferred charges and accrued income490/1€19k€37k▲
Equity and liabilities
Total equity and liabilities10/49€6.19M€6.49M▲
Equity10/15€5.96M€5.98M▲
Contributions10/11€4.66M€4.66M=
Capital10€4.66M€4.66M=
Profit (loss) carried forward14€1.30M€1.32M▲
Amounts payable17/49€231k€512k▲
Amounts payable after more than one year17€133k€117k▼
Financial debts170/4€133k€117k▼
Amounts payable within one year42/48€94k€394k▲
Current portion of amounts payable after more than one year42€17k€17k=
Trade debts44€62k€74k▲
Suppliers440/4€62k€74k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€38k€53k▲
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€55k▲
Other operating charges640/8€64k€63k▼
Gross operating margin9900€78k€96k▲
Operating profit (loss)9901€-31k€-28k▲
Financial income75/76B€38k€128k▲
Recurring financial income75€38k€128k▲
Financial charges65/66B€-10k€40k▲
Recurring financial charges65€-10k€4k▲
Non-recurring financial charges66B-€36k
Profit (loss) for the period before taxes9903€16k€59k▲
Income taxes67/77€8k€38k▲
Profit (loss) for the period9904€8k€21k▲
Profit (loss) for the period to be appropriated9905€8k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.30M€1.32M▲
Profit (loss) brought forward from the previous period14P€1.29M€1.30M▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
16-02
State Gazette act
Admissions: Champagne Jean-Pierre, Franc Lambert and 8 othersWithdrawal: Montjoie Irène (member) · Purpose change · Statutes amendment17 facts ▸
State Gazette act
Admissions: Champagne Jean-Pierre, Franc Lambert and 8 others
Withdrawal: Montjoie Irène (member) · Purpose change · Statutes amendment17 facts ▸
- General meeting, 13-01-2026
- Purpose change, L'association a pour but désintéressé de permettre, dans la mesure de ses moyens, l’accès aux membres de la Fédération Wallonne de l’Agriculture à des services…
- Statutes amendment
- Member admission, Champagne Jean-Pierre
- Member admission, Franc Lambert
- Member admission, Ligny Geneviève
- Member admission, Ponthier Joseph
- Member admission, Godfrind Hubert
- Member admission, Coulonval Daniel
- Member admission, Streel Marianne
- Member admission, Widard Gustave
- Member admission, Biatour Anne-Marie
- +5 further facts in this act
2025
30-12
State Gazette act
Reappointment: CDP NICOLET & C° (statutory auditor)Permanent representative: Jean NICOLET · Mandate compensation4 facts ▸
State Gazette act
Reappointment: CDP NICOLET & C° (statutory auditor)
Permanent representative: Jean NICOLET · Mandate compensation4 facts ▸
- General meeting, 27-06-2025
- Auditor reappointment, CDP NICOLET & C°
- Permanent representative, Jean NICOLET
- Mandate compensation, CDP NICOLET & C°
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
26-02
State Gazette act
Resignation: Jean-Pierre Champagne (director)Appointment: Anne-Marie Biatour (director)3 facts ▸
State Gazette act
Resignation: Jean-Pierre Champagne (director)
Appointment: Anne-Marie Biatour (director)3 facts ▸
- Board meeting, 16-01-2025
- Director resignation, Jean-Pierre Champagne (director)
- Director appointment, Anne-Marie Biatour (director)
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Back to profitnet €26k
Net result €26k after 3 loss-making years.
19-12
State Gazette act
Resignation: TITS Agnès (director)Appointment: CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises (statutory auditor) · Permanent representative: NICOLET Jean · Mandate compensation5 facts ▸
State Gazette act
Resignation: TITS Agnès (director)
Appointment: CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises (statutory auditor) · Permanent representative: NICOLET Jean · Mandate compensation5 facts ▸
- General meeting, 27-06-2023
- Director resignation, TITS Agnès (director)
- Auditor appointment, CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises (statutory auditor)
- Permanent representative, NICOLET Jean
- Mandate compensation, CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €-150k
Net result drops to €-150k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
20-10
State Gazette act
Resignation: Jean-Pierre CHAMPAGNE (managing director)Appointment: René LADOUCE (managing director)3 facts ▸
State Gazette act
Resignation: Jean-Pierre CHAMPAGNE (managing director)
Appointment: René LADOUCE (managing director)3 facts ▸
- General meeting, 08-09-2020
- Director resignation, Jean-Pierre CHAMPAGNE (managing director)
- Director appointment, René LADOUCE (managing director)
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
06-08
State Gazette act
Appointment: DGST ET PARTNERS - Réviseurs d'entreprises (statutory auditor)Permanent representative: Pierre Sohet · Extraction date4 facts ▸
State Gazette act
Appointment: DGST ET PARTNERS - Réviseurs d'entreprises (statutory auditor)
Permanent representative: Pierre Sohet · Extraction date4 facts ▸
- General meeting, 26-06-2019
- Extraction date, 15-07-2020
- Auditor appointment, DGST ET PARTNERS - Réviseurs d'entreprises (statutory auditor)
- Permanent representative, Pierre Sohet
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
03-06
State Gazette act
Resignation: Yvan HAYEZ (director)2 facts ▸
State Gazette act
Resignation: Yvan HAYEZ (director)
2 facts ▸
- General meeting, 27-02-2019
- Director resignation, Yvan HAYEZ (director)
2018
12-07
State Gazette act
Appointments: JP CHAMPAGNE, Y HAYEZ and 2 others6 facts ▸
State Gazette act
Appointments: JP CHAMPAGNE, Y HAYEZ and 2 others
6 facts ▸
- General meeting, 20-06-2018
- Director appointment, JP CHAMPAGNE (director)
- Director appointment, Y HAYEZ (director)
- Director appointment, M STREEL (director)
- Director appointment, A TITS (director)
- Director appointment, JP CHAMPAGNE (managing director)
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
01-06
State Gazette act
Appointments: René LADOUCE (director) and Daniel COULONVAL (director)3 facts ▸
State Gazette act
Appointments: René LADOUCE (director) and Daniel COULONVAL (director)
3 facts ▸
- General meeting, 21-06-2017
- Director appointment, René LADOUCE (director)
- Director appointment, Daniel COULONVAL (director)
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
13-03
State Gazette act
Appointments: Joseph PONTHIER (director) and DGST & Partners-Réviseurs d'Entreprises (statutory auditor)Resignation: Daniel COULONVAL (director) · Permanent representative: Pierre SOHET5 facts ▸
State Gazette act
Appointments: Joseph PONTHIER (director) and DGST & Partners-Réviseurs d'Entreprises (statutory auditor)
Resignation: Daniel COULONVAL (director) · Permanent representative: Pierre SOHET5 facts ▸
- General meeting, 29-06-2016
- Director appointment, Joseph PONTHIER (director)
- Director resignation, Daniel COULONVAL (director)
- Auditor appointment, DGST & Partners-Réviseurs d'Entreprises (statutory auditor)
- Permanent representative, Pierre SOHET
2015
09-07
State Gazette act
Resignation: MATERNE Michel (director)Reappointments: CHAMPAGNE Jean-Pierre, HAYEZ Yvan and TITS Agnès · Appointment: CHAMPAGNE Jean-Pierre (managing director)6 facts ▸
State Gazette act
Resignation: MATERNE Michel (director)
Reappointments: CHAMPAGNE Jean-Pierre, HAYEZ Yvan and TITS Agnès · Appointment: CHAMPAGNE Jean-Pierre (managing director)6 facts ▸
- General meeting, 22-06-2015
- Director resignation, MATERNE Michel (director)
- Director reappointment, CHAMPAGNE Jean-Pierre (director)
- Director reappointment, HAYEZ Yvan (director)
- Director reappointment, TITS Agnès (director)
- Director appointment, CHAMPAGNE Jean-Pierre (managing director)
10-06
State Gazette act
Appointment: SCivPRL "DGST & Partners - Réviseurs d'Entreprises" (statutory auditor)Accounting effect · Auditor representative4 facts ▸
State Gazette act
Appointment: SCivPRL "DGST & Partners - Réviseurs d'Entreprises" (statutory auditor)
Accounting effect · Auditor representative4 facts ▸
- Accounting effect, 01-01-2014
- Auditor appointment, SCivPRL "DGST & Partners - Réviseurs d'Entreprises"
- Auditor representative, Pierre SOHET
- Auditor representative, Michel LECOQ
2014
15-07
State Gazette act
Resignation: VANDERBECK Dominique (director)Deed3 facts ▸
State Gazette act
Resignation: VANDERBECK Dominique (director)
Deed3 facts ▸
- General meeting, 25-06-2014
- Deed, 26-06-2014
- Director resignation, VANDERBECK Dominique (director)
2013
21-08
State Gazette act
Resignations: LADOUCE René (director) and BIATOUR Anne Marie (director)Appointments: COULONVAL Daniel, STREEL Marianne and DGST ET PARTNERS - réviseurs d'entreprises · Permanent representatives: Michel De Wolf and Marc Gilson · Director discharge9 facts ▸
State Gazette act
Resignations: LADOUCE René (director) and BIATOUR Anne Marie (director)
Appointments: COULONVAL Daniel, STREEL Marianne and DGST ET PARTNERS - réviseurs d'entreprises · Permanent representatives: Michel De Wolf and Marc Gilson · Director discharge9 facts ▸
- Director resignation, LADOUCE René (director)
- Director resignation, BIATOUR Anne Marie (director)
- Director discharge, LADOUCE René
- Director discharge, BIATOUR Anne Marie
- Director appointment, COULONVAL Daniel (director)
- Director appointment, STREEL Marianne (director)
- Auditor appointment, DGST ET PARTNERS - réviseurs d'entreprises (commissaire aux comptes)
- Permanent representative, Michel De Wolf
- Permanent representative, Marc Gilson
2012
10-09
State Gazette act
Reappointments: Jean Pierre Champagne, Yvan Hayez and 2 othersAppointments: Jean Pierre Champagne, Michel Materne and Agnès Titis8 facts ▸
State Gazette act
Reappointments: Jean Pierre Champagne, Yvan Hayez and 2 others
Appointments: Jean Pierre Champagne, Michel Materne and Agnès Titis8 facts ▸
- General meeting, 29-06-2012
- Director reappointment, Jean Pierre Champagne (director)
- Director reappointment, Yvan Hayez (director)
- Director reappointment, Dominique 't Kint- Vanderbeck (director)
- Director reappointment, Anne Marie Tasiaux-Biatour (director)
- Director appointment, Jean Pierre Champagne (managing director)
- Director appointment, Michel Materne (director)
- Director appointment, Agnès Titis (director)
2010
15-06
State Gazette act
Reappointments: René LADOUCE, DGST& PARTNERS and Michel Dewolf5 facts ▸
State Gazette act
Reappointments: René LADOUCE, DGST& PARTNERS and Michel Dewolf
5 facts ▸
- General meeting, 02-06-2010
- Director reappointment, René LADOUCE (director)
- Director reappointment, René LADOUCE (chair)
- Auditor reappointment, DGST& PARTNERS
- Auditor reappointment, Michel Dewolf (commissaire aux comptes)
2009
29-06
State Gazette act
Reappointments: Dominique Kint Vanderbeck, Anne Marie Biatour and Jean Pierre ChampagneAppointments: Yvan Hayez (director) and Jean Pierre Champagne (managing director)6 facts ▸
State Gazette act
Reappointments: Dominique Kint Vanderbeck, Anne Marie Biatour and Jean Pierre Champagne
Appointments: Yvan Hayez (director) and Jean Pierre Champagne (managing director)6 facts ▸
- General meeting, 06-05-2009
- Director reappointment, Dominique Kint Vanderbeck (director)
- Director reappointment, Anne Marie Biatour (director)
- Director reappointment, Jean Pierre Champagne (director)
- Director appointment, Yvan Hayez (director)
- Director appointment, Jean Pierre Champagne (managing director)
2007
03-07
State Gazette act
Reappointment: SCivPRL "Thieren De Ridder et C°- Réviseurs d'entreprises" (statutory auditor)2 facts ▸
State Gazette act
Reappointment: SCivPRL "Thieren De Ridder et C°- Réviseurs d'entreprises" (statutory auditor)
2 facts ▸
- General meeting, 12-06-2007
- Auditor reappointment, SCivPRL "Thieren De Ridder et C°- Réviseurs d'entreprises"
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 directors, no change since 2025
Anne-Marie Biatour
CurrentDirector · since 08-06-2022
René LADOUCE
CurrentManaging director · since 21-06-2017
A TITS
Not recently confirmedDirector · since 20-06-2018
JP CHAMPAGNE
Not recently confirmedDirector · since 20-06-2018
M STREEL
Not recently confirmedDirector · since 20-06-2018
Y HAYEZ
Not recently confirmedDirector · since 20-06-2018
7 other directors
Daniel COULONVAL
Not recently confirmedDirector · since 21-06-2017
Joseph PONTHIER
Not recently confirmedDirector · since 29-06-2016
Marianne STREEL
Not recently confirmedDirector · since 06-08-2013
Agnès Titis
Not recently confirmedDirector · since 29-06-2012
Anne Marie Tasiaux-Biatour
Not recently confirmedDirector · since 29-06-2012
Dominique 't Kint- Vanderbeck
Not recently confirmedDirector · since 29-06-2012
Dominique Kint Vanderbeck
Not recently confirmedDirector · since 06-05-2009
16-01-2025
Jean Pierre CHAMPAGNE: Resigned as Director
27-06-2023
TITS Agnès: Resigned as Director
08-06-2022
Anne-Marie Biatour: Appointed as Director
08-09-2020
René LADOUCE: Appointed as Managing director
08-09-2020
Jean Pierre CHAMPAGNE: Resigned as Managing director
Location & real-estate footprint
Registered office, Gembloux
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.
Chaussée de Namur 475030 GemblouxGround area
839 m²
Building footprint
809 m²
Parcel 92053B0061/00X006, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92053B0061/00X006 | Wallonia | 839 m² | 1 · 809 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| CDP Nicolet & C°Current Auditor · represented by Jean NICOLET | 27-06-2025 → present |
Show 7 earlier auditors
| CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises Statutory auditor · represented by NICOLET Jean succeeded by CDP Nicolet & C° in 2025 | 08-06-2022 → 27-06-2025 |
| DGST & PARTNERS Auditor succeeded by DGST ET PARTNERS - réviseurs d'entreprises in 2013 | 02-06-2010 → 09-08-2013 |
| DGST & Partners-Reviseurs d'entreprises Statutory auditor · represented by Pierre SOHET succeeded by CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises in 2022 | 29-06-2016 → 08-06-2022 |
| DGST ET PARTNERS - réviseurs d'entreprises Statutory auditor · represented by Pierre Sohet succeeded by SCivPRL « DGST & Partners - Reviseurs d'entreprises > in 2015 | 09-08-2013 → 01-06-2015 |
| Michel Dewolf Commissaire aux comptes succeeded by DGST ET PARTNERS - réviseurs d'entreprises in 2013 | 02-06-2010 → 09-08-2013 |
| SCivPRL "Thieren De Ridder et C°- Réviseurs d'entreprises" Auditor · represented by Michel De Wolf succeeded by DGST & PARTNERS in 2010 | 12-06-2007 → 02-06-2010 |
| SCivPRL « DGST & Partners - Reviseurs d'entreprises > Auditor succeeded by CDP NICOLET, BERTRAND & C° Réviseurs d'entreprises in 2022 | 01-06-2015 → 08-06-2022 |
Structure & network
Connections & network
12 connected companiesLinked via shared directors
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Recognitions · licences · registrations
Legal Entity Identifier
8755000TX1KM2EALFJ25
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded01-01-1951
Fiscal year end31-12
Abbreviation FR
U.P.A.
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.