UPRINCE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €548k and a net result of €11k. Equity is growing by ~57.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 6156 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
22 d early
2022
126 d early
2021
60 d early
2020
45 d early
2019
108 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€548k▲ 531%
2023 · €87k
2018: €13k
2019: €19k
2020: €23k
2021: €50k
2022: €78k
2023: €87k
2018 → 2024
Net result
€11k▲ 23.6%
2023 · €9k
2018: €-854
2019: €40k
2020: €17k
2021: €64k
2022: €28k
2023: €9k
2018 → 2024
Total assets
€1.23M▲ 53.9%
2023 · €799k
2018: €266k
2019: €202k
2020: €362k
2021: €498k
2022: €722k
2023: €799k
2018 → 2024
Solvency
44.6%▲ 33.7pp
2023 · 10.9%
2018: 4.9%
2019: 9.4%
2020: 6.3%
2021: 10.0%
2022: 10.8%
2023: 10.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€460k
Equity€23k-€50k▲ 117%€78k▲ 57.2%€87k▲ 11.4%€548k▲ 531%
Operating result€24k-€69k▲ 184%€36k▼ 47.5%€15k▼ 57.9%€22k▲ 46.6%
Net result€17k-€64k▲ 276%€28k▼ 55.5%€9k▼ 68.8%€11k▲ 23.6%
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 recovers in 2024; 2024 is 47% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.23M
Fixed assets
€659k▲ 69.0%
Current assets
€570k▲ 39.4%
Equity and liabilities €1.23M
Equity
€548k▲ 531%
Provisions
€0▼ 100%
Debt
€681k▼ 0.1%
The debt ratio falls from 85.4% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
44.6%▲
2023 · 10.9%
ROE
2.0%▼
2023 · 10.2%
ROA
0.9%▼
2023 · 1.1%
Debt
€681k▼
2023 · €682k
Debt ≤ 1 year
€196k▲
2023 · €168k
Debt > 1 year
€437k▼
2023 · €509k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€799k€1.23M▲
Fixed assets21/28€390k€659k▲
Intangible fixed assets21€374k€648k▲
Tangible fixed assets22/27€16k€11k▼
Furniture and vehicles24€16k€11k▼
Current assets29/58€409k€570k▲
Stocks and contracts in progress3€181k€109k▼
Contracts in progress37€181k€109k▼
Amounts receivable within one year40/41€211k€339k▲
Trade receivables40€205k€335k▲
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€16k€120k▲
Deferred charges and accrued income490/1€199€2k▲
Equity and liabilities
Total equity and liabilities10/49€799k€1.23M▲
Equity10/15€87k€548k▲
Contributions10/11€19k€469k▲
Reserves13€67k€67k=
Distributable reserves133€67k€67k=
Profit (loss) carried forward14€1k€12k▲
Provisions and deferred taxes16€30k€0▼
Provisions for liabilities and charges160/5€30k€0▼
Environmental obligations163-€0
Other liabilities and charges164/5€30k-
Amounts payable17/49€682k€681k▼
Amounts payable after more than one year17€509k€437k▼
Financial debts170/4€284k€212k▼
Other amounts payable178/9€225k€225k=
Amounts payable within one year42/48€168k€196k▲
Current portion of amounts payable after more than one year42€79k€77k▼
Trade debts44€72k€48k▼
Suppliers440/4€72k€48k▼
Taxes, remuneration and social security45€12k€0▼
Taxes450/3€12k€0▼
Other amounts payable47/48€5k€71k▲
Accrued charges and deferred income492/3€4k€48k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€100k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Provisions for liabilities and charges: additions (uses and reversals)635/8€30k€-30k▼
Other operating charges640/8€465€1k▲
Gross operating margin9900€133k€96k▼
Operating profit (loss)9901€15k€22k▲
Financial income75/76B€294€579▲
Recurring financial income75€294€579▲
Financial charges65/66B€7k€12k▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€9k€11k▲
Profit (loss) for the period9904€9k€11k▲
Profit (loss) for the period to be appropriated9905€9k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€12k▲
Profit (loss) brought forward from the previous period14P€343€1k▲
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Equity above €500kEq €548k ▲531%
6 profitable years in a row build equity to €548k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €64k ▲276%
Operating result €69k, net result €64k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.08
Current ratio from 1.03 to 2.08; short-term debt falls from €247k to €154k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 1.03
Current ratio from 0.28 to 1.03.
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wevelgem · 1 establishment unit since 2015
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.
Kortrijkstraat 1458560 WevelgemGround area
2,299 m²
Building footprint
800 m²
Volume, LiDAR
5,756 m³
Parcel 34302B0845/00V003, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
UPRINCE
since 20152.241.765.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0845/00V003 | Flanders | 2,298 m² | 1 · 800 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 39,395 EUR awarded · 20,530 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 37,730 EUR | 18,910 EUR |
| 2024 | 1 | 1,665 EUR | 1,620 EUR |
Schemes
O&O-haalbaarheidsstudie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,578 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2015
Fiscal year end31-12
Activities, NACEBEL
58290Other software publishing
64200Holdings
64210Activities of holding companies
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.