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UPPETITE

Inactive
KBO/BCE: BE 0645.824.218

UPPETITE was declared bankrupt on 09-03-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 22-08-2023, published in the Belgian State Gazette on 29-08-2023.

Summary

Inactive; last annual accounts for fiscal year 2019.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 02-10-2020, 63 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
63 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 63 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

UPPETITE has filed 3 sets of annual accounts, the latest for fiscal year 2019.1 The company was declared bankrupt on 9 March 2021; the bankruptcy was closed on 22 August 2023.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 15-03-2021
  3. 3Belgian State Gazette, 29-08-2023

Financials · fiscal year 2019, abbreviated schema

Equity
-€397,861▼ 13.3%
2018 · -€351,007
Total assets
€89,515▼ 44.2%
2018 · €160,459
Net result
-€46,854▲ 47.5%
2018 · -€89,271
Working capital
-€405,862▼ 7.0%
2018 · -€379,173
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
Line20182019
Operating result-€68,831--€27,904▲ 59.5%
Net result-€89,271--€46,854▲ 47.5%
Equity-€351,007--€397,861▼ 13.3%
Total assets€160,459-€89,515▼ 44.2%
Debt€511,466-€487,375▼ 4.7%
Working capital-€379,173--€405,862▼ 7.0%
Staff (FTE)6.6-6.8▲ 3.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2018: -€68,831-€68,831Net result 2018: -€89,271-€89,271Operating result 2019: -€27,904-€27,904Net result 2019: -€46,854-€46,85420182019-€100,000-€75,000-€50,000-€25,000€0Operating result 2018: -€68,831-€68,800Net result 2018: -€89,271-€89,300Operating result 2019: -€27,904-€27,900Net result 2019: -€46,854-€46,90020182019
The operating result stays negative: a loss of €27,904 in 2019 against €68,831 in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €89,515
Fixed assets €66,966 ▼ 38.8%
Current assets €22,549 ▼ 55.8%
Key figures and ratios
2019 value · change against 2018
EBITDA
€14,574▲
2018 · -€19,532
Cash flow
-€4,376▲
2018 · -€39,972
Solvency
-444.5%▼
2018 · -218.8%
Current ratio
0.05▼
2018 · 0.12
Debt to equity
-0.15▲
2018 · -0.23
ROA
-52.3%▲
2018 · -55.6%
Debt ≤ 1 year
€428,411▼
2018 · €430,188
Debt > 1 year
€58,964▼
2018 · €81,277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€160,459€89,515▼
Fixed assets21/28€109,443€66,966▼
Intangible fixed assets21€8,767€4,384▼
Tangible fixed assets22/27€100,676€62,582▼
Current assets29/58€51,016€22,549▼
Stocks and contracts in progress3€12,192-
Amounts receivable within one year40/41€14,735€22,495▲
Cash at bank and in hand54/58€24,089€54▼
Equity and liabilities
Total equity and liabilities10/49€160,459€89,515▼
Equity10/15-€351,007-€397,861▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€369,607-€416,461▼
Amounts payable17/49€511,466€487,375▼
Amounts payable after more than one year17€81,277€58,964▼
Amounts payable within one year42/48€430,188€428,411▼
Trade debts44€154,096€114,836▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49,299€42,478▼
Gross operating margin9900€214,367€156,255▼
Operating profit (loss)9901-€68,831-€27,904▲
Recurring financial income75€1€4▲
Recurring financial charges65€20,441€18,954▼
Profit (loss) for the period before taxes9903-€89,271-€46,854▲
Profit (loss) for the period9904-€89,271-€46,854▲
Profit (loss) for the period to be appropriated9905-€89,271-€46,854▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49,299€42,478▼ 13.8%
Gross operating margin9900€214,367€156,255▼ 27.1%
Operating profit (loss)9901-€68,831-€27,904▲ 59.5%
Recurring financial income75€1€4▲ 380%
Recurring financial charges65€20,441€18,954▼ 7.3%
Profit (loss) for the period before taxes9903-€89,271-€46,854▲ 47.5%
Profit (loss) for the period9904-€89,271-€46,854▲ 47.5%
Profit (loss) for the period to be appropriated9905-€89,271-€46,854▲ 47.5%
Line20182019Change
Assets
Total assets20/58€160,459€89,515▼ 44.2%
Fixed assets21/28€109,443€66,966▼ 38.8%
Intangible fixed assets21€8,767€4,384▼ 50.0%
Tangible fixed assets22/27€100,676€62,582▼ 37.8%
Current assets29/58€51,016€22,549▼ 55.8%
Stocks and contracts in progress3€12,192--
Amounts receivable within one year40/41€14,735€22,495▲ 52.7%
Cash at bank and in hand54/58€24,089€54▼ 99.8%
Equity and liabilities
Total equity and liabilities10/49€160,459€89,515▼ 44.2%
Equity10/15-€351,007-€397,861▼ 13.3%
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€369,607-€416,461▼ 12.7%
Amounts payable17/49€511,466€487,375▼ 4.7%
Amounts payable after more than one year17€81,277€58,964▼ 27.5%
Amounts payable within one year42/48€430,188€428,411▼ 0.4%
Trade debts44€154,096€114,836▼ 25.5%
Line20182019Change
Profit (loss) for the period9904-€89,271-€46,854▲ 47.5%
+ Depreciation and write-downs630€49,299€42,478▼ 13.8%
Operating cash flow (approximation)-€39,972-€4,376▲ 89.1%
Investment in fixed assets (approximation)-€0-
Change in cash--€24,035-

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

Download as CSV

Timeline · acts, filings and financial milestones

2023
29-08
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 22-08-2023
2021
15-03
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 09-03-2021
2020
02-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
25-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

1 mandate
Role Name Tenure
Curator Stijn VANSCHOUBROEK
KEIZER KARELLAAN 586 BUS 9, 1082 SINT-AGATHA-BERCHEM
09-03-2021 → 22-08-2023

Structure & network

Owners and holdings

1 owner

Chain of control

  1. HUNGRY 71 90%
  2. UPPETITE

Highest known parent: HUNGRY 71. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.