Equity
€28,444 from €131,995 in 2022
Equity fell by 78% in 3 years.
UpFy
Lifetime
8 annual accounts with figures on one time axispeak €274,373 (2024)
€224,669▼ 18.1%
lowest -€15,923 (2021)
€133,639▼ 26.4%
peak €131,995 (2022)
€28,444▲ 0.1%
€742,003▲ 5.8%
Board1 name since 2017
1 director
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €274,373 to €224,669Result from €181,606 to €133,639Dividend €133,600Cash from €300,943 to €206,061
Key points
from the 2025 annual accountsTurnover
≈ €380,000 estimated
The micro format states no turnover.
Debts
€742,003 96% of the balance sheet
Financial debts 30%Suppliers 0%Other 70%
Of this, €519,141 falls due within a year.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 35 to 48 days before the end of the period.
Starting capital
€18,550 100 shares
Position in the sector
3.7%
Lower solvency than 88% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 875 companies had the same profile as UpFy has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.9%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 875 companies, not a prediction for UpFy. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Capital contribution: apports supplémentaires · Amendment of the articles
Gazette deed
Change of role: , from statutory manager to statutory director
“La société a pour objet,en Belgique,l’exécution de mandats d’administrateur,de gérant de société ou de…” (deed in French) · Gazette deed
First establishment
UpFy Sprl, Rue des Fougères 170, Montigny-le-Tilleul
Incorporation
Founding capital of €18,550, 100 shares, €6,200 paid up · Founders: and · Appointment: (statutory manager) · published on 28-12-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| UpFy Montigny-le-Tilleul | €770,447 | €224,669 | 3.7% | - |
| T.E.A.M. Consult Ham-sur-Heure-Nalinnes | €639,090 | €191,607 | 43.1% | - |
| MIGHTY Bierbeek | €737,382 | €229,829 | 12.4% | - |
| ALFACO Ronse | €755,003 | €209,662 | 12.6% | 1 |
| IETC Etterbeek | €717,053 | €226,082 | 24.8% | - |
| SMF Gobert Ixelles | €827,903 | €227,262 | 36.3% | - |
| CROSS-BORDER COMMERCE EUROPE Woluwe-Saint-Lambert | €743,132 | €241,462 | 31.8% | - |
These companies have the same main activity as UpFy: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €639,000 and €828,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 22-12-2017Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.270.880.7576110 Montigny-le-Tilleul, since 01-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €770,447▲ 5.5%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on UpFy
UpFy files the micro format. That format states no turnover. The gross margin rose from €23,326 in 2018 to €224,669 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about UpFy
- What is the company number of UpFy?
- The company number of UpFy is 0686.751.684. The VAT number is the same number with BE in front: BE 0686.751.684.
- Where is UpFy based?
- The registered office is at Rue des Fougères 170, 6110 Montigny-le-Tilleul.Company details
- What does UpFy do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of UpFy?
- UpFy is a private limited company (BV).
- When was UpFy founded?
- UpFy was founded on 22-12-2017.
- Is UpFy still active?
- Yes, UpFy is an active enterprise in the KBO register.
- What is the turnover of UpFy?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €224,669 and 109 comparable companies (NACE 70200). It probably lies between €320,000 and €450,000.Financials
- Is UpFy profitable?
- In financial year 2025, UpFy made a profit of €133,639.
- Where can I find the annual accounts of UpFy?
- UpFy filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of UpFy due?
- UpFy must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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