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Upflow

Active
Private limited companyfounded 20233 yrs activeAntoon De Pesseroeylaan 24, 9831 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0801.685.105
Summary

The computed 12-month bankruptcy probability of Upflow is 2.3% (moderate). The 2024 annual accounts show equity of €19,732 and a net result of -€20,268. Its solvency ranks better than 31% of 8965 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency57
Growth-
Track record79
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.46; short-term debt: 68.4% and cash: 20.3% of total assets), and 68.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
31.6%
Return on assets
-32.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 37 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 May 2023, Upflow was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€19,732
Total assets
€62,501
Net result
-€20,268
Working capital
€19,732

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €62,501
Equity €19,732
Debt €42,769
Debt finances 68.4% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.46
Debt to equity
2.17
ROE
-102.7%
ROA
-32.4%
Debt ≤ 1 year
€42,769
Staff costs
€87,601
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€62,501
Current assets29/58€62,501
Amounts receivable within one year40/41€49,836
Trade receivables40€48,138
Other amounts receivable41€1,698
Cash at bank and in hand54/58€12,666
Equity and liabilities
Total equity and liabilities10/49€62,501
Equity10/15€19,732
Contributions10/11€40,000
Profit (loss) carried forward14-€20,268
Amounts payable17/49€42,769
Amounts payable within one year42/48€42,769
Financial debts43€10,001
Credit institutions430/8€10,001
Trade debts44€21,467
Suppliers440/4€21,467
Taxes, remuneration and social security45€11,301
Taxes450/3€4,540
Remuneration and social security454/9€6,761
Income statement Code2024
Remuneration, social security and pensions62€87,601
Other operating charges640/8€898
Gross operating margin9900€69,743
Operating profit (loss)9901-€18,755
Financial charges65/66B€1,513
Recurring financial charges65€1,513
Profit (loss) for the period before taxes9903-€20,268
Profit (loss) for the period9904-€20,268
Profit (loss) for the period to be appropriated9905-€20,268
Appropriation of the result
Profit (loss) to be appropriated9906-€20,268

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€87,601
Other operating charges640/8€898
Gross operating margin9900€69,743
Operating profit (loss)9901-€18,755
Financial charges65/66B€1,513
Recurring financial charges65€1,513
Profit (loss) for the period before taxes9903-€20,268
Profit (loss) for the period9904-€20,268
Profit (loss) for the period to be appropriated9905-€20,268
Line2024
Assets
Total assets20/58€62,501
Current assets29/58€62,501
Amounts receivable within one year40/41€49,836
Trade receivables40€48,138
Other amounts receivable41€1,698
Cash at bank and in hand54/58€12,666
Equity and liabilities
Total equity and liabilities10/49€62,501
Equity10/15€19,732
Contributions10/11€40,000
Profit (loss) carried forward14-€20,268
Amounts payable17/49€42,769
Amounts payable within one year42/48€42,769
Financial debts43€10,001
Credit institutions430/8€10,001
Trade debts44€21,467
Suppliers440/4€21,467
Taxes, remuneration and social security45€11,301
Taxes450/3€4,540
Remuneration and social security454/9€6,761
Line2024
Profit (loss) for the period9904-€20,268
Operating cash flow (approximation)-€20,268

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Sint-Martens-Latem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,055 m²
Building footprint
188 m²
Volume, LiDAR
974 m³
Parcel 44015A0363/00F000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Upflow
Antoon De Pesseroeylaan 24, 9831 Sint-Martens-LatemBook publishing
since 20232.351.852.003
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44015A0363/00F000 Flanders 1,055 m² 1 · 188 m² 8.7 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

2024 to 2025 · 2 entries · 326 EUR awarded · 326 EUR paid
Year Entries awardedpaid
2025 1 227 EUR227 EUR
2024 1 99 EUR99 EUR
Schemes
2 entries · 326 EUR · 326 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 4,698 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
Founded11-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.