UPCON
ActiveSummary
UPCON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €41k. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 10.51 against 6.65 in 2024; short-term debt: 9.2% and cash: 53.2% of total assets), and 18.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
81.5%
Return on assets
23%
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 09-07-2026, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
on the day
2023
29 d late
2022
34 d early
2021
30 d early
2020
15 d early
2019
11 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
€144k▲ 39.3%
2024 · €103k
2018: €7k
2019: €5k▼ -25.0% vs 2018lowest in 8 years
2020: €39k▲ +663% vs 2019
2021: €49k▲ +25.7% vs 2020
2022: €68k▲ +40.7% vs 2021
2023: €99k▲ +44.8% vs 2022
2024: €103k▲ +4.6% vs 2023
2025: €144k▲ +39.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€177k▲ 45.1%
2024 · €122k
2018: €31klowest in 8 years
2019: €40k▲ +29.5% vs 2018
2020: €59k▲ +50.0% vs 2019
2021: €90k▲ +51.6% vs 2020
2022: €107k▲ +19.3% vs 2021
2023: €134k▲ +24.6% vs 2022
2024: €122k▼ -8.8% vs 2023
2025: €177k▲ +45.1% vs 2024highest in 8 years
2018 → 2025
Net result
€41k▲ 106%
2024 · €20k
2018: €6klowest in 8 years
2019: €14k▲ +128% vs 2018
2020: €34k▲ +136% vs 2019
2021: €42k▲ +26.5% vs 2020
2022: €35k▼ -18.2% vs 2021
2023: €54k▲ +55.8% vs 2022highest in 8 years
2024: €20k▼ -63.5% vs 2023
2025: €41k▲ +106% vs 2024
2018 → 2025
Working capital
€154k▲ 57.1%
2024 · €98k
2018: €8klowest in 8 years
2019: €11k▲ +52.4% vs 2018
2020: €38k▲ +234% vs 2019
2021: €43k▲ +13.8% vs 2020
2022: €66k▲ +50.9% vs 2021
2023: €89k▲ +35.3% vs 2022
2024: €98k▲ +10.4% vs 2023
2025: €154k▲ +57.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€68k▲ 40.7%€99k▲ 44.8%€103k▲ 4.6%€144k▲ 39.3%
2021: €49klowest in 5 years
2022: €68k▲ +40.7% vs 2021
2023: €99k▲ +44.8% vs 2022
2024: €103k▲ +4.6% vs 2023
2025: €144k▲ +39.3% vs 2024highest in 5 years
Operating result€59k-€49k▼ 17.3%€72k▲ 47.6%€27k▼ 62.8%€53k▲ 99.3%
2021: €59k
2022: €49k▼ -17.3% vs 2021
2023: €72k▲ +47.6% vs 2022highest in 5 years
2024: €27k▼ -62.8% vs 2023lowest in 5 years
2025: €53k▲ +99.3% vs 2024
Net result€42k-€35k▼ 18.2%€54k▲ 55.8%€20k▼ 63.5%€41k▲ 106%
2021: €42k
2022: €35k▼ -18.2% vs 2021
2023: €54k▲ +55.8% vs 2022highest in 5 years
2024: €20k▼ -63.5% vs 2023lowest in 5 years
2025: €41k▲ +106% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€7k ▲ 2.6%
Current assets
€170k ▲ 47.5%
Equity and liabilities €177k
Equity
€144k ▲ 39.3%
Debt
€33k ▲ 77.9%
Debt's share of the balance-sheet total rises from 15.1% to 18.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2024 · €37k
Cash flow
€47k▲
2024 · €30k
Current ratio
10.51▲
2024 · 6.65
Debt to equity
0.23▲
2024 · 0.18
ROE
28.2%▲
2024 · 19.1%
ROA
23.0%▲
2024 · 16.2%
Interest coverage
38.94▲
2024 · 32.63
Debt ≤ 1 year
€16k▼
2024 · €17k
Income taxes
€11k▲
2024 · €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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€122k€177k▲
Fixed assets21/28€7k€7k▲
Tangible fixed assets22/27€7k€7k▲
Plant, machinery and equipment23€908-
Furniture and vehicles24€6k€7k▲
Current assets29/58€115k€170k▲
Amounts receivable within one year40/41€44k€76k▲
Trade receivables40€33k€65k▲
Other amounts receivable41€11k€11k▼
Cash at bank and in hand54/58€72k€94k▲
Equity and liabilities
Total equity and liabilities10/49€122k€177k▲
Equity10/15€103k€144k▲
Contributions10/11€4k€4k=
Reserves13€100k€141k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€98k€139k▲
Amounts payable17/49€18k€33k▲
Amounts payable within one year42/48€17k€16k▼
Trade debts44€7k€101▼
Suppliers440/4€7k€101▼
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€11k€16k▲
Other amounts payable47/48€67-
Accrued charges and deferred income492/3€1k€16k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€247€13▼
Gross operating margin9900€37k€60k▲
Operating profit (loss)9901€27k€53k▲
Financial income75/76B€515€224▼
Recurring financial income75€515€224▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€26k€52k▲
Income taxes67/77€6k€11k▲
Profit (loss) for the period9904€20k€41k▲
Profit (loss) for the period to be appropriated9905€20k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€41k▲
Transfer to equity691/2€5k€41k▲
To other reserves6921€5k€41k▲
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €7k | €10k | €7k | ▼ 37.6% |
| Other operating charges640/8 | €2k | €781 | €4k | €247 | €13 | ▼ 94.7% |
| Non-recurring operating charges66A | - | - | €1k | - | - | - |
| Gross operating margin9900 | €63k | €52k | €84k | €37k | €60k | ▲ 59.9% |
| Operating profit (loss)9901 | €59k | €49k | €72k | €27k | €53k | ▲ 99.3% |
| Financial income75/76B | €30 | €31 | €29 | €515 | €224 | ▼ 56.5% |
| Recurring financial income75 | €30 | €31 | €29 | €515 | €224 | ▼ 56.5% |
| Financial charges65/66B | €802 | €1k | €1k | €1k | €2k | ▲ 34.8% |
| Recurring financial charges65 | €802 | €1k | €1k | €1k | €2k | ▲ 34.8% |
| Profit (loss) for the period before taxes9903 | €58k | €47k | €71k | €26k | €52k | ▲ 99.0% |
| Income taxes67/77 | €16k | €13k | €17k | €6k | €11k | ▲ 78.5% |
| Profit (loss) for the period9904 | €42k | €35k | €54k | €20k | €41k | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €42k | €35k | €54k | €20k | €41k | ▲ 106% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90k | €107k | €134k | €122k | €177k | ▲ 45.1% |
| Fixed assets21/28 | €9k | €6k | €14k | €7k | €7k | ▲ 2.6% |
| Tangible fixed assets22/27 | €9k | €6k | €14k | €7k | €7k | ▲ 2.6% |
| Plant, machinery and equipment23 | €6k | €5k | €3k | €908 | - | - |
| Furniture and vehicles24 | €2k | €1k | €12k | €6k | €7k | ▲ 19.2% |
| Current assets29/58 | €81k | €101k | €119k | €115k | €170k | ▲ 47.5% |
| Amounts receivable within one year40/41 | €43k | €35k | €36k | €44k | €76k | ▲ 74.3% |
| Trade receivables40 | €43k | €33k | €29k | €33k | €65k | ▲ 99.6% |
| Other amounts receivable41 | - | €2k | €7k | €11k | €11k | ▼ 1.6% |
| Cash at bank and in hand54/58 | €38k | €66k | €84k | €72k | €94k | ▲ 31.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90k | €107k | €134k | €122k | €177k | ▲ 45.1% |
| Equity10/15 | €49k | €68k | €99k | €103k | €144k | ▲ 39.3% |
| Contributions10/11 | €4k | €4k | €4k | €4k | €4k | = |
| Reserves13 | €45k | €65k | €95k | €100k | €141k | ▲ 40.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €43k | €63k | €94k | €98k | €139k | ▲ 41.3% |
| Amounts payable17/49 | €41k | €39k | €35k | €18k | €33k | ▲ 77.9% |
| Amounts payable within one year42/48 | €38k | €36k | €30k | €17k | €16k | ▼ 6.7% |
| Trade debts44 | €416 | €7k | €7k | €7k | €101 | ▼ 98.5% |
| Suppliers440/4 | €416 | €7k | €7k | €7k | €101 | ▼ 98.5% |
| Taxes, remuneration and social security45 | €27k | €28k | €23k | €11k | €16k | ▲ 52.4% |
| Taxes450/3 | €27k | €27k | €20k | €11k | €16k | ▲ 52.4% |
| Remuneration and social security454/9 | €426 | €1k | €3k | - | - | - |
| Other amounts payable47/48 | €10k | €690 | €577 | €67 | - | - |
| Accrued charges and deferred income492/3 | €4k | €3k | €4k | €1k | €16k | ▲ 1,493% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €35k | €54k | €20k | €41k | ▲ 106% |
| + Depreciation and write-downs630 | €2k | €3k | €7k | €10k | €7k | ▼ 37.6% |
| Operating cash flow (approximation) | €45k | €37k | €61k | €30k | €47k | ▲ 56.2% |
| Investment in fixed assets (approximation) | - | €0 | €-16k | €-3k | €-7k | ▼ 166% |
| Change in cash | - | €29k | €17k | €-12k | €22k | ▲ 290% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €103k ▲4.6%
7 profitable years in a row build equity to €103k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €54k ▲55.8%
Operating result €72k, net result €54k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.89
Current ratio from 1.44 to 2.89; short-term debt falls from €26k to €20k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Lille · 1 establishment unit since 2018
Ground area
1,078 m²
Building footprint
198 m²
Volume, LiDAR
1,161 m³
Parcel 13047B0302/00A000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UPCON
since 20182.272.280.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13047B0302/00A000 | Flanders | 1,078 m² | 1 · 198 m² | 8.5 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 227 EUR awarded · 227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 227 EUR | 227 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,389 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
Founded18-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.