UPPER AT HOME
Open bankruptcyA bankruptcy procedure is open for UPPER AT HOME according to publications in the Belgian State Gazette; curator: ALEXIA DE CLERCQ.
Summary
The 2024 annual accounts show negative equity (€-119k) and a net result of €-58k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-119k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
31 d late
2021
24 d late
2020
11 d early
2019
38 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-119k▼ 96.5%
2023 · €-61k
2018: €16k
2019: €26k
2020: €-10k
2021: €-31k
2022: €-28k
2023: €-61k
2018 → 2024
Total assets
€98k▼ 19.5%
2023 · €121k
2018: €267k
2019: €144k
2020: €179k
2021: €130k
2022: €160k
2023: €121k
2018 → 2024
Net result
€-58k▼ 81.9%
2023 · €-32k
2018: €4k
2019: €10k
2020: €-37k
2021: €-21k
2022: €3k
2023: €-32k
2018 → 2024
Working capital
€-187k▼ 24.1%
2023 · €-150k
2018: €-63k
2019: €-68k
2020: €-89k
2021: €-97k
2022: €-104k
2023: €-150k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€-31k▼ 200%€-28k▲ 9.2%€-61k▼ 113%€-119k▼ 96.5%
Operating result€-18k-€3k€5k▲ 61.4%€-30k€-54k▼ 77.8%
Net result€-37k-€-21k▲ 43.6%€3k€-32k€-58k▼ 81.9%
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 stays negative: a loss of €54k in 2024 against €30k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€71k ▼ 25.7%
Current assets
€27k ▲ 3.1%
Key figures and ratios
EBITDA
€-26k▼
2023 · €8k
Cash flow
€-31k▼
2023 · €7k
Solvency
-121.7%▼
2023 · -49.9%
Current ratio
0.13▼
2023 · 0.15
Debt to equity
-1.82▲
2023 · -3.00
ROA
-59.8%▼
2023 · -26.5%
Interest coverage
-6.19▼
2023 · 4.54
Debt
€217k▲
2023 · €182k
Debt ≤ 1 year
€214k▲
2023 · €177k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€121k€98k▼
Fixed assets21/28€95k€71k▼
Intangible fixed assets21€10k€6k▼
Tangible fixed assets22/27€85k€64k▼
Plant, machinery and equipment23€85k€64k▼
Furniture and vehicles24€0-
Current assets29/58€26k€27k▲
Amounts receivable within one year40/41€25k€18k▼
Trade receivables40€25k€14k▼
Other amounts receivable41€227€4k▲
Cash at bank and in hand54/58€456€8k▲
Deferred charges and accrued income490/1€589€585▼
Equity and liabilities
Total equity and liabilities10/49€121k€98k▼
Equity10/15€-61k€-119k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-81k€-139k▼
Amounts payable17/49€182k€217k▲
Amounts payable within one year42/48€177k€214k▲
Trade debts44€137k€149k▲
Suppliers440/4€137k€149k▲
Advances received on contracts in progress46€406€703▲
Taxes, remuneration and social security45€40k€64k▲
Taxes450/3€40k€64k▲
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€28k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€18k€0▼
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A-€42k
Gross operating margin9900€33k€19k▼
Operating profit (loss)9901€-30k€-54k▼
Financial income75/76B€222€74▼
Recurring financial income75€222€74▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-32k€-58k▼
Profit (loss) for the period9904€-32k€-58k▼
Profit (loss) for the period to be appropriated9905€-32k€-58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-81k€-139k▼
Profit (loss) brought forward from the previous period14P€-49k€-81k▼
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · UPPER AT HOME BV INDUSTRIEPARK-DRONGEN 23/A, 9031 DRONGEN · event 25-08-2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
31-12
Financial
Highest result since 2018net €10k ▲165%
Operating result €20k, net result €10k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industriepark-Drongen 239031 GentGround area
1.1 ha
Building footprint
1,427 m²
Volume, LiDAR
11,098 m³
Parcel 44017D0805/00M002, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Industriepark-Drongen 23, 9031 Gent
since 20032.126.654.922
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0805/00M002 | Flanders | 1.1 ha | 1 · 1,427 m² | 8.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXIA DE CLERCQ EDGARD GEVAERTDREEF 10,
9830 SINT-MARTENS-LATEM |
25-08-2025 → present |
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Of 519 companies in sector 47714 we hold annual accounts for 263. 198 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47714Retail trade
47640Retail sale of games and toys
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.