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Upboot

Active
Private limited companyfounded 2025active for 1 yearRue Joly(CER) 25, 4632 Soumagne, BelgiumKBO/BCE: BE 1026.140.630

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

Upboot has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,817 and a net result of €1,817. Its solvency ranks better than 70% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
25-07-2026
Format
micro format
Reference
2026-00331117
Turnover
≈ €15,000
Estimated: probably between €7,900 and €28,000
Total assets
€8,935
Net result
€1,817
Working capital
€5,062

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €8,935
Fixed assets €1,755
Current assets €7,180
Equity and liabilities €8,935
Equity €6,817
Debt €2,118
Debt's share of the balance-sheet total is 23.7%.
Key figures and ratios
2025 value
Current ratio
3.39
Debt to equity
0.31
ROE
26.7%
ROA
20.3%
Debt ≤ 1 year
€2,118
Income taxes
€833

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as Upboot has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of Upboot itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Upboot. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines

Source: Annual accounts 2025 at the NBB, filed on 25-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€8,935
Fixed assets21/28€1,755
Financial fixed assets28€1,755
Current assets29/58€7,180
Cash at bank and in hand54/58€7,180
Equity and liabilities
Total equity and liabilities10/49€8,935
Equity10/15€6,817
Contributions10/11€5,000
Reserves13€1,500
Distributable reserves133€1,500
Profit (loss) carried forward14€317
Amounts payable17/49€2,118
Amounts payable within one year42/48€2,118
Trade debts44€394
Suppliers440/4€394
Taxes, remuneration and social security45€1,724
Taxes450/3€1,724
Income statement Code2025
Other operating charges640/8€81
Gross operating margin9900€2,731
Operating profit (loss)9901€2,649
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€2,649
Income taxes67/77€833
Profit (loss) for the period9904€1,817
Profit (loss) for the period to be appropriated9905€1,817
Appropriation of the result
Profit (loss) to be appropriated9906€1,817
Transfer to equity691/2€1,500
To other reserves6921€1,500

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Other operating charges640/8€81
Gross operating margin9900€2,731
Operating profit (loss)9901€2,649
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€2,649
Income taxes67/77€833
Profit (loss) for the period9904€1,817
Profit (loss) for the period to be appropriated9905€1,817
Line2025
Assets
Total assets20/58€8,935
Fixed assets21/28€1,755
Financial fixed assets28€1,755
Current assets29/58€7,180
Cash at bank and in hand54/58€7,180
Equity and liabilities
Total equity and liabilities10/49€8,935
Equity10/15€6,817
Contributions10/11€5,000
Reserves13€1,500
Distributable reserves133€1,500
Profit (loss) carried forward14€317
Amounts payable17/49€2,118
Amounts payable within one year42/48€2,118
Trade debts44€394
Suppliers440/4€394
Taxes, remuneration and social security45€1,724
Taxes450/3€1,724
Line2025
Profit (loss) for the period9904€1,817
Operating cash flow (approximation)€1,817

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-07-2026 2026-00331117 NBB

Comparable companies

These companies have the same main activity as Upboot: computer programming (NACE 62100). They are comparable in size and age: total assets between €6,780 and €10,700, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
Upboot Soumagne2025€8,935€6,817€2,731-€1,8172025
BIGG PC Dison2025€9,114€321€3,108-€3202025
A Better Man Sint-Gillis (bij-Brussel)2025€8,872€8,538€3,558€3,998€3,5382025
M-IT CONSULT Elsene2025€10,661€3,295€3,406€19,931€2,2952025
PROCYON AGENCY Drogenbos2025€6,870€4,133€3,663€11,994€2,4332026
L'Astrolabe Nivelles2025€8,815-€628€2,125€43,489-€6282025
NUMEROTROIS STUDIO Oudergem2024€6,778€4,505€2,781€53,749€2,0052025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.