UPLINE
ActiveSummary
UPLINE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €559,223 and a net result of €28,626. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 2833 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability56▼-20
Solvency54▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.26 in 2023; short-term debt: 38.4% and cash: 0.7% of total assets), and 70.5% of the assets are financed with debt.
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Signals
Two 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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
278 d late
2022
57 d late
2021
130 d late
2020
29 d early
2019
60 d late
← 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 93 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€559,223▲ 5.4%
2023 · €530,598
Total assets
€1.9m▼ 9.7%
2023 · €2.1m
Net result
€28,626▼ 77.0%
2023 · €124,632
Working capital
-€688,992▼ 17.3%
2023 · -€587,217
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€133,363▲ 63.3%€70,796▼ 46.9%€46,735▼ 34.0%€190,849▲ 308%€68,199▼ 64.3%
Net result€99,240above the sector's middle half▲ 62.0%€43,732within the sector's middle half▼ 55.9%€63,922above the sector's middle half▲ 46.2%€124,632above the sector's middle half▲ 95.0%€28,626within the sector's middle half▼ 77.0%
Equity€298,311within the sector's middle half▲ 49.9%€342,043above the sector's middle half▲ 14.7%€405,965above the sector's middle half▲ 18.7%€530,598within the sector's middle half▲ 30.7%€559,223within the sector's middle half▲ 5.4%
Total assets€730,536within the sector's middle half▲ 90.0%€2.0mabove the sector's middle half▲ 169%€2.0mabove the sector's middle half▲ 1.3%€2.1mabove the sector's middle half▲ 5.4%€1.9mabove the sector's middle half▼ 9.7%
Debt€432,224▲ 133%€1.6m▲ 276%€1.6m▼ 2.3%€1.6m▼ 1.0%€1.3m▼ 14.9%
Working capital-€33,612-€519,289▼ 1,445%-€664,751▼ 28.0%-€587,217▲ 11.7%-€688,992▼ 17.3%
Solvency40.8%within the sector's middle half▼ 10.9pp17.4%below the sector's middle half▼ 23.4pp20.4%below the sector's middle half▲ 3.0pp25.3%within the sector's middle half▲ 4.9pp29.5%within the sector's middle half▲ 4.2pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.9m ▼ 2.1%
Current assets
€39,405 ▼ 80.7%
Equity and liabilities €1.9m
Equity
€559,223 ▲ 5.4%
Debt
€1.3m ▼ 14.9%
Debt's share of the balance-sheet total falls from 74.7% to 70.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103,185▼
2023 · €234,457
Cash flow
€63,612▼
2023 · €168,240
Current ratio
0.05▼
2023 · 0.26
Debt to equity
2.39▼
2023 · 2.96
ROE
5.1%▼
2023 · 23.5%
ROA
1.5%▼
2023 · 5.9%
Interest coverage
4.22▼
2023 · 12.57
Debt ≤ 1 year
€728,397▼
2023 · €791,342
Debt > 1 year
€590,054▼
2023 · €762,960
Income taxes
€15,140▼
2023 · €48,969
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,082 | €24,862 | €43,806 | €43,607 | €34,986 | ▼ 19.8% |
| Other operating charges640/8 | - | €2,149 | €2,917 | €9,501 | €26,604 | ▲ 180% |
| Gross operating margin9900 | €153,918 | €97,807 | €93,458 | €243,957 | €129,789 | ▼ 46.8% |
| Operating profit (loss)9901 | €133,363 | €70,796 | €46,735 | €190,849 | €68,199 | ▼ 64.3% |
| Financial income75/76B | - | €42 | €40,099 | €1,403 | €27 | ▼ 98.1% |
| Recurring financial income75 | €89 | €42 | €40,099 | €1,403 | €27 | ▼ 98.1% |
| Financial charges65/66B | - | €13,700 | €14,274 | €18,652 | €24,461 | ▲ 31.1% |
| Recurring financial charges65 | €7,109 | €13,700 | €14,274 | €18,652 | €24,461 | ▲ 31.1% |
| Profit (loss) for the period before taxes9903 | €126,343 | €57,137 | €72,561 | €173,601 | €43,765 | ▼ 74.8% |
| Income taxes67/77 | €27,104 | €13,405 | €8,639 | €48,969 | €15,140 | ▼ 69.1% |
| Profit (loss) for the period9904 | €99,240 | €43,732 | €63,922 | €124,632 | €28,626 | ▼ 77.0% |
| Profit (loss) for the period to be appropriated9905 | €99,240 | €43,732 | €63,922 | €124,632 | €28,626 | ▼ 77.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €730,536 | €2.0m | €2.0m | €2.1m | €1.9m | ▼ 9.7% |
| Fixed assets21/28 | €569,278 | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 2.1% |
| Intangible fixed assets21 | €26,403 | €118,273 | €131,752 | €104,844 | €74,394 | ▼ 29.0% |
| Tangible fixed assets22/27 | €20,974 | €51,237 | €34,512 | €19,006 | €9,463 | ▼ 50.2% |
| Furniture and vehicles24 | - | €51,237 | €34,512 | €19,006 | €9,463 | ▼ 50.2% |
| Financial fixed assets28 | €521,901 | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Current assets29/58 | €161,258 | €24,312 | €53,423 | €204,125 | €39,405 | ▼ 80.7% |
| Amounts receivable within one year40/41 | €21,197 | €14,691 | €49,044 | €202,827 | €26,324 | ▼ 87.0% |
| Trade receivables40 | - | €13,375 | €25,017 | €176,616 | €26,324 | ▼ 85.1% |
| Other amounts receivable41 | - | €1,316 | €24,027 | €26,211 | €0 | ▼ 100% |
| Current investments50/53 | €140,059 | €59 | €59 | €0 | - | - |
| Cash at bank and in hand54/58 | €2 | €9,563 | €3,775 | €1,298 | €13,054 | ▲ 906% |
| Deferred charges and accrued income490/1 | - | - | €545 | €0 | €27 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €730,536 | €2.0m | €2.0m | €2.1m | €1.9m | ▼ 9.7% |
| Equity10/15 | €298,311 | €342,043 | €405,965 | €530,598 | €559,223 | ▲ 5.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €275,954 | €320,954 | €385,954 | €511,998 | €540,623 | ▲ 5.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €319,094 | €384,094 | €511,998 | €540,623 | ▲ 5.6% |
| Profit (loss) carried forward14 | €3,757 | €2,489 | €1,411 | €0 | - | - |
| Amounts payable17/49 | €432,224 | €1.6m | €1.6m | €1.6m | €1.3m | ▼ 14.9% |
| Amounts payable after more than one year17 | €236,872 | €1.1m | €867,070 | €762,960 | €590,054 | ▼ 22.7% |
| Financial debts170/4 | - | €1.1m | €867,070 | €762,960 | €590,054 | ▼ 22.7% |
| Amounts payable within one year42/48 | €194,870 | €543,601 | €718,174 | €791,342 | €728,397 | ▼ 8.0% |
| Current portion of amounts payable after more than one year42 | - | €322,743 | €299,390 | €215,260 | €249,156 | ▲ 15.7% |
| Financial debts43 | - | €0 | €24,909 | €25,000 | €25,000 | = |
| Credit institutions430/8 | - | €0 | €24,909 | €25,000 | €25,000 | = |
| Trade debts44 | €13,648 | €105,071 | €147,150 | €209,617 | €157,920 | ▼ 24.7% |
| Suppliers440/4 | - | €105,071 | €147,150 | €209,617 | €157,920 | ▼ 24.7% |
| Taxes, remuneration and social security45 | - | €52,275 | €52,965 | €83,884 | €96,981 | ▲ 15.6% |
| Taxes450/3 | - | €52,275 | €52,965 | €83,884 | €96,981 | ▲ 15.6% |
| Other amounts payable47/48 | - | €63,513 | €193,761 | €257,581 | €199,339 | ▼ 22.6% |
| Accrued charges and deferred income492/3 | - | €1,928 | €1,605 | €16,201 | €18,715 | ▲ 15.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,240 | €43,732 | €63,922 | €124,632 | €28,626 | ▼ 77.0% |
| + Depreciation and write-downs630 | €14,082 | €24,862 | €43,806 | €43,607 | €34,986 | ▼ 19.8% |
| Operating cash flow (approximation) | €113,322 | €68,595 | €107,728 | €168,240 | €63,612 | ▼ 62.2% |
| Investment in fixed assets (approximation) | - | -€1.4m | -€40,560 | -€1,193 | €5,006 | ▲ 520% |
| Change in cash | - | €9,561 | -€5,787 | -€2,477 | €11,756 | ▲ 575% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
05-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 278 days late
2024
31-12
Financial
Weakest financial yearnet €28,626 ▼77%
Net result drops to €28,626, the lowest in the series.
2023
31-12
Financial
Highest result since 2018net €124,632 ▲95%
Operating result €190,849, net result €124,632, both a record.
31-12
Financial
Equity above €500,000Eq €530,598 ▲30.7%
6 profitable years in a row build equity to €530,598.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200,000Eq €298,311 ▲49.9%
3 profitable years in a row build equity to €298,311.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Equity above €150,000Eq €199,071 ▲44.5%
2 profitable years in a row build equity to €199,071.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lichtervelde · 1 establishment unit since 2016
Ground area
891 m²
Building footprint
104 m²
Volume, LiDAR
507 m³
Parcel 36011D0260/00G002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
UPLINE
since 20162.249.872.537
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011D0260/00G002 | Flanders | 891 m² | 1 · 104 m² | 7.5 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
2022 · 1 entry · 1,886 EUR awarded · 1,886 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,886 EUR | 1,886 EUR |
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 5,304 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
Founded25-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
74120Graphic design and visual communication
Contact
Website
www.upline.comLichtervelde
E-invoicing
Reachable via Peppol
Peppol ID
0208:0646959613
Also
9925:BE0646959613
Registered
16-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.