UPDATE

The computed 12-month bankruptcy probability of UPDATE is 4.4% (elevated). The annual accounts of UPDATE for fiscal year 2024 show a net loss of 60% of the equity at the start of that year. The 2024 annual accounts show equity of €2,479 and a net result of -€3,776. Equity is shrinking by ~23.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 36% of 26069 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.