UpFy
ActiveSummary
UpFy has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,405 and a net result of €181,606. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency29=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.7 in 2023; short-term debt: 61.3% and cash: 41.2% of total assets), and 96.1% of the assets are financed with debt.
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Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 37951 sector peers (2024).
NBB · sector comparisonPosition among 37951 sector peers
Solvency
better than 11%
← weakest
strongest →
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 17-06-2025, 44 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
35 d early
2022
48 d early
2021
37 d early
2020
47 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€28,405▲ 1.6%
2023 · €27,960
Total assets
€730,013▲ 15.1%
2023 · €634,170
Net result
€181,606▲ 11.8%
2023 · €162,465
Working capital
-€93,953▲ 3.5%
2023 · -€97,379
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
Line20202021202220232024
Operating result€98,635▲ 1,867%-€31,456€124,622€216,347▲ 73.6%€236,102▲ 9.1%
Net result€91,207▲ 3,669%-€15,923€99,997€162,465▲ 62.5%€181,606▲ 11.8%
Equity€115,571▲ 374%€99,648▼ 13.8%€131,995▲ 32.5%€27,960▼ 78.8%€28,405▲ 1.6%
Total assets€162,383▲ 77.4%€451,313▲ 178%€513,311▲ 13.7%€634,170▲ 23.5%€730,013▲ 15.1%
Debt€46,813▼ 30.3%€351,665▲ 651%€381,316▲ 8.4%€606,210▲ 59.0%€701,608▲ 15.7%
Working capital€72,469-€15,964€14,490-€97,379-€93,953▲ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €730,013
Fixed assets
€376,319 ▼ 7.8%
Current assets
€353,694 ▲ 56.5%
Equity and liabilities €730,013
Equity
€28,405 ▲ 1.6%
Debt
€701,608 ▲ 15.7%
Debt's share of the balance-sheet total rises from 95.6% to 96.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€269,225▲
2023 · €243,786
Cash flow
€214,729▲
2023 · €189,904
Current ratio
0.79▲
2023 · 0.70
Debt to equity
24.70▲
2023 · 21.68
ROE
639.3%▲
2023 · 581.1%
ROA
24.9%▼
2023 · 25.6%
Interest coverage
39.55▲
2023 · 27.63
Debt ≤ 1 year
€447,647▲
2023 · €323,355
Debt > 1 year
€251,483▼
2023 · €280,612
Income taxes
€65,416▲
2023 · €53,659
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,103 | €18,911 | €31,787 | €27,439 | €33,123 | ▲ 20.7% |
| Other operating charges640/8 | - | €50,535 | €4,752 | €7,245 | €5,147 | ▼ 29.0% |
| Gross operating margin9900 | €113,963 | €37,990 | €161,161 | €251,032 | €274,373 | ▲ 9.3% |
| Operating profit (loss)9901 | €98,635 | -€31,456 | €124,622 | €216,347 | €236,102 | ▲ 9.1% |
| Financial income75/76B | - | €17,645 | €5,292 | €8,601 | €17,727 | ▲ 106% |
| Recurring financial income75 | €14,900 | €17,645 | €5,292 | €8,601 | €17,727 | ▲ 106% |
| Financial charges65/66B | - | €1,655 | €3,768 | €8,824 | €6,808 | ▼ 22.9% |
| Recurring financial charges65 | €376 | €1,655 | €3,768 | €8,824 | €6,808 | ▼ 22.9% |
| Profit (loss) for the period before taxes9903 | €113,159 | -€15,467 | €126,146 | €216,124 | €247,022 | ▲ 14.3% |
| Income taxes67/77 | €21,952 | €457 | €26,149 | €53,659 | €65,416 | ▲ 21.9% |
| Profit (loss) for the period9904 | €91,207 | -€15,923 | €99,997 | €162,465 | €181,606 | ▲ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €91,207 | -€15,923 | €99,997 | €162,465 | €181,606 | ▲ 11.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,383 | €451,313 | €513,311 | €634,170 | €730,013 | ▲ 15.1% |
| Fixed assets21/28 | €53,682 | €414,372 | €396,327 | €408,194 | €376,319 | ▼ 7.8% |
| Tangible fixed assets22/27 | €50,882 | €413,122 | €383,077 | €406,944 | €375,069 | ▼ 7.8% |
| Land and buildings22 | - | €377,065 | €358,700 | €340,334 | €321,969 | ▼ 5.4% |
| Plant, machinery and equipment23 | - | €1,511 | €2,864 | €1,665 | €2,380 | ▲ 43.0% |
| Furniture and vehicles24 | - | €22,671 | €11,335 | €56,463 | €43,935 | ▼ 22.2% |
| Other tangible fixed assets26 | - | €11,875 | €10,178 | €8,482 | €6,786 | ▼ 20.0% |
| Financial fixed assets28 | €2,800 | €1,250 | €13,250 | €1,250 | €1,250 | = |
| Current assets29/58 | €108,702 | €36,941 | €116,984 | €225,976 | €353,694 | ▲ 56.5% |
| Amounts receivable within one year40/41 | - | €4,543 | €851 | €11,386 | €1,772 | ▼ 84.4% |
| Other amounts receivable41 | - | €4,543 | €851 | €11,386 | €1,772 | ▼ 84.4% |
| Current investments50/53 | - | - | - | €150,000 | €49,266 | ▼ 67.2% |
| Cash at bank and in hand54/58 | €106,797 | €13,247 | €113,843 | €63,788 | €300,943 | ▲ 372% |
| Deferred charges and accrued income490/1 | - | €19,151 | €2,289 | €802 | €1,713 | ▲ 114% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,383 | €451,313 | €513,311 | €634,170 | €730,013 | ▲ 15.1% |
| Equity10/15 | €115,571 | €99,648 | €131,995 | €27,960 | €28,405 | ▲ 1.6% |
| Contributions10/11 | - | €6,200 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €107,516 | €91,593 | €111,590 | €7,555 | €8,000 | ▲ 5.9% |
| Amounts payable17/49 | €46,813 | €351,665 | €381,316 | €606,210 | €701,608 | ▲ 15.7% |
| Amounts payable after more than one year17 | €10,580 | €297,861 | €277,573 | €280,612 | €251,483 | ▼ 10.4% |
| Financial debts170/4 | - | €297,861 | €277,573 | €280,612 | €251,483 | ▼ 10.4% |
| Amounts payable within one year42/48 | €36,233 | €52,905 | €102,494 | €323,355 | €447,647 | ▲ 38.4% |
| Current portion of amounts payable after more than one year42 | - | €28,427 | €20,288 | €28,583 | €29,129 | ▲ 1.9% |
| Trade debts44 | €1,938 | €2,526 | €2,206 | €57 | €1,187 | ▲ 1,985% |
| Suppliers440/4 | - | €2,526 | €2,206 | €57 | €1,187 | ▲ 1,985% |
| Taxes, remuneration and social security45 | - | €21,952 | - | €1,259 | €650 | ▼ 48.4% |
| Taxes450/3 | - | €21,952 | - | €1,259 | €650 | ▼ 48.4% |
| Other amounts payable47/48 | - | - | €80,000 | €293,456 | €416,682 | ▲ 42.0% |
| Accrued charges and deferred income492/3 | - | €900 | €1,250 | €2,244 | €2,479 | ▲ 10.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,207 | -€15,923 | €99,997 | €162,465 | €181,606 | ▲ 11.8% |
| + Depreciation and write-downs630 | €14,103 | €18,911 | €31,787 | €27,439 | €33,123 | ▲ 20.7% |
| Operating cash flow (approximation) | €105,311 | €2,988 | €131,784 | €189,904 | €214,729 | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | -€379,601 | -€13,743 | -€39,306 | -€1,248 | ▲ 96.8% |
| Change in cash | - | -€93,551 | €100,596 | -€50,055 | €237,155 | ▲ 574% |
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €181,606 ▲11.8%
Operating result €236,102, net result €181,606, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €99,997
Net result €99,997 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €131,995 ▲32.5%
Equity rises from €99,648 to €131,995.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€15,923
Net result drops to -€15,923, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 6current ratio 3.00
Current ratio from 0.54 to 3.00; short-term debt falls from €46,386 to €36,233.
31-12
Financial
Equity above €100,000Eq €115,571 ▲374%
3 profitable years in a row build equity to €115,571.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Montigny-le-Tilleul · 1 establishment unit since 2018
Ground area
1,474 m²
Building footprint
197 m²
Parcel 52048D0061/00V027, Wallonia. Linked by address, not a title deed.
1 establishment unit
UpFy Sprl
since 20182.270.880.757
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048D0061/00V027 | Wallonia | 1,474 m² | 1 · 197 m² | - |
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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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 34,006 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
Founded22-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0686751684
Also
9925:BE0686751684
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.