UPCITE
ActiveSummary
UPCITE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-18k) and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-4
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-18k
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
58 d early
2023
26 d late
2022
17 d late
2021
24 d early
2020
58 d late
2019
47 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-18k▼ 415%
2024 · €-3k
Total assets
€5k▼ 70.3%
2024 · €17k
Net result
€-14k▲ 41.1%
2024 · €-25k
Working capital
€-19k▼ 246%
2024 · €-5k
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€37k▼ 17.6%€20k▼ 44.7%€-71k€-24k▲ 66.1%€-14k▲ 41.9%
Net result€24k▼ 27.6%€14k▼ 41.9%€-72k€-25k▲ 65.7%€-14k▲ 41.1%
Equity€73k▲ 47.7%€93k▲ 27.1%€21k▼ 77.2%€-3k€-18k▼ 415%
Total assets€112k▲ 62.7%€100k▼ 10.0%€28k▼ 72.3%€17k▼ 39.8%€5k▼ 70.3%
Debt€39k▲ 101%€8k▼ 80.0%€7k▼ 12.6%€20k▲ 200%€23k▲ 13.3%
Working capital€60k▲ 77.1%€84k▲ 39.5%€16k▼ 81.0%€-5k€-19k▼ 246%
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 €14k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5k
Fixed assets
€1k ▼ 50.0%
Current assets
€4k ▼ 73.0%
Key figures and ratios
EBITDA
€-13k▲
2024 · €-21k
Cash flow
€-13k▲
2024 · €-21k
Interest coverage
-56.78▲
2024 · -78.85
Debt ≤ 1 year
€23k▲
2024 · €20k
Income taxes
€233▲
2024 · €216
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
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 | €4k | €4k | €3k | €3k | €1,000 | ▼ 68.0% |
| Other operating charges640/8 | €742 | €348 | €384 | €387 | €788 | ▲ 104% |
| Gross operating margin9900 | €41k | €25k | €-67k | €-21k | €-12k | ▲ 40.6% |
| Operating profit (loss)9901 | €37k | €20k | €-71k | €-24k | €-14k | ▲ 41.9% |
| Financial income75/76B | €88 | €56 | €2 | - | - | - |
| Recurring financial income75 | €88 | €56 | €2 | - | - | - |
| Financial charges65/66B | €249 | €304 | €384 | €266 | €229 | ▼ 13.8% |
| Recurring financial charges65 | €249 | €304 | €384 | €266 | €229 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €37k | €20k | €-71k | €-24k | €-14k | ▲ 41.6% |
| Income taxes67/77 | €13k | €6k | €197 | €216 | €233 | ▲ 7.8% |
| Profit (loss) for the period9904 | €24k | €14k | €-72k | €-25k | €-14k | ▲ 41.1% |
| Transfer from tax-exempt reserves789 | €11k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €35k | €14k | €-72k | €-25k | €-14k | ▲ 41.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112k | €100k | €28k | €17k | €5k | ▼ 70.3% |
| Fixed assets21/28 | €13k | €8k | €5k | €2k | €1k | ▼ 50.0% |
| Tangible fixed assets22/27 | €12k | €7k | €4k | €1k | - | - |
| Furniture and vehicles24 | €12k | €7k | €4k | €1k | - | - |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €99k | €92k | €23k | €15k | €4k | ▼ 73.0% |
| Amounts receivable within one year40/41 | €32k | €7k | €15k | €12k | €432 | ▼ 96.4% |
| Trade receivables40 | €32k | - | - | €2k | - | - |
| Other amounts receivable41 | - | €7k | €15k | €10k | €432 | ▼ 95.8% |
| Cash at bank and in hand54/58 | €67k | €84k | €7k | €2k | €3k | ▲ 45.7% |
| Deferred charges and accrued income490/1 | €921 | €759 | €436 | €656 | €665 | ▲ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112k | €100k | €28k | €17k | €5k | ▼ 70.3% |
| Equity10/15 | €73k | €93k | €21k | €-3k | €-18k | ▼ 415% |
| Contributions10/11 | €13k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €60k | €72k | €72k | €72k | €72k | = |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Financial assistance1313 | €0 | - | - | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €59k | €72k | €72k | €72k | €72k | = |
| Profit (loss) carried forward14 | - | - | €-72k | €-96k | €-111k | ▼ 15.0% |
| Amounts payable17/49 | €39k | €8k | €7k | €20k | €23k | ▲ 13.3% |
| Amounts payable within one year42/48 | €39k | €8k | €7k | €20k | €23k | ▲ 13.3% |
| Financial debts43 | €3k | €3k | €3k | - | - | - |
| Credit institutions430/8 | €3k | €3k | €3k | - | - | - |
| Trade debts44 | €965 | €4k | €2k | €2k | €1k | ▼ 34.2% |
| Suppliers440/4 | €965 | €4k | €2k | €2k | €1k | ▼ 34.2% |
| Taxes, remuneration and social security45 | €34k | - | - | €215 | €448 | ▲ 108% |
| Taxes450/3 | €34k | - | - | €215 | €448 | ▲ 108% |
| Other amounts payable47/48 | €837 | - | €2k | €18k | €21k | ▲ 16.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €14k | €-72k | €-25k | €-14k | ▲ 41.1% |
| + Depreciation and write-downs630 | €4k | €4k | €3k | €3k | €1,000 | ▼ 68.0% |
| Operating cash flow (approximation) | €28k | €18k | €-68k | €-21k | €-13k | ▲ 37.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €18k | €-77k | €-5k | €905 | ▲ 117% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Liquidity times 5current ratio 11.90
Current ratio from 2.56 to 11.90; short-term debt falls from €39k to €8k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
31-12
Financial
Highest result since 2018net €33k ▲54.4%
Operating result €45k, net result €33k, both a record.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.59
Current ratio from 0.78 to 1.59; short-term debt falls from €26k to €25k.
Show earlier events
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Tervuren
Ground area
622 m²
Building footprint
83 m²
Volume, LiDAR
547 m³
Parcel 24302D0025/00P002, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302D0025/00P002 | Flanders | 622 m² | 1 · 83 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Kteer Data
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 13,192 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
Founded19-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.