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upshift

Active Private limited companyfounded 2019active for 7 yearsReeboklaan 10, 2970 SchildeKBO/BCE: BE 0729.775.243

Lifetime

2 annual accounts with figures on one time axis
peak €33,242 (2024)
€20,308▼ 38.9%
peak €18,744 (2024)
€11,009▼ 41.3%
peak €20,488 (2025)
€20,488unchanged
€25,656▲ 296%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
15-04-2026107 days before the deadline
2025micro format
Gross margin from €33,242 to €20,308Result from €18,744 to €11,009Dividend €11,000Debts from €6,482 to €25,656Cash from €1,743 to €2,327

Key points

from the 2025 annual accounts

Equity

€20,488 =
20,4792024+11,009Profit-11,000Dividend20,4882025

upshift paid out €11,000 in dividends. That is 100% of the 2025 profit.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Liquidity

1.76 was 3.02 in 2024

Short-term debts rose from €6,482 to €22,648.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as upshift has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for upshift. 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

Board and ownership

Director
Director
  • vennoot sub 1deed of 16-07-2019
  • vennoot sub 2deed of 16-07-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0729775243
2 directors appointed (director) and (director) · Permanent representative: · “IT-consultancy in het algemeen; De in- en uitvoer,de groot- en kleinhandel,het ontwikkelen,het produceren,het…” (deed in Dutch) · Gazette deed
Registered-office move · Resignations & appointments Board meeting of 20-02-2020 · Gazette deed
Incorporation Appointments: (manager) and (manager) · Founder: (vennoot sub 1) · Founder: (vennoot sub 2) · published on 16-07-2019 · Gazette deed
All 7 events

Comparable companies

same main activity, similar in size and age
Company
upshift Schilde €46,144 €20,308 44.4% -
HERO SOLUTIONS Dentergem €42,789 €22,978 43.1% -
Breathless Merelbeke-Melle €53,740 €20,223 25.6% -
BEMELMANS ET GREGOIRE SOLUTIONS INFORMATIQUES Verviers €46,642 €22,195 66.7% -
HELIAPP Waremme €52,783 €17,268 62.3% -
SAPHALATA Modave €46,693 €19,750 57.8% -
DAXE Schilde €60,259 €18,126 21.3% -

These companies have the same main activity as upshift: computer programming (NACE 62100). They are comparable in size and age: total assets between €42,800 and €60,300, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 04-07-2019Normal situation
Activity
Computer programmingNACE 62100and 5 others
Establishment unit
2.291.249.1732970 Schilde, since 04-07-2019
Financial year end
31 December
Peppol
Reachable since 14-01-2025
Company details

Annual accounts 2025

€46,144▲ 71.1%
Filing
Filed on 15-04-2026, 107 days before the end of the filing period
Financials

Insights on upshift

upshift has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,488 and a net result of €11,009.

Its solvency ranks better than 37% of 21,217 sector peers (NACE 62, financial year 2025).

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 upshift

What is the company number of upshift?
The company number of upshift is 0729.775.243. The VAT number is the same number with BE in front: BE 0729.775.243.
Where is upshift based?
The registered office is at Reeboklaan 10, 2970 Schilde.Company details
What does upshift do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of upshift?
upshift is a private limited company (BV).
When was upshift founded?
upshift was founded on 04-07-2019.
Is upshift still active?
Yes, upshift is an active enterprise in the KBO register.
What is the turnover of upshift?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €20,308 and 53 comparable companies (NACE 62100). It probably lies between €59,000 and €210,000. It is a rough estimate.Financials
Is upshift profitable?
In financial year 2025, upshift made a profit of €11,009.
Where can I find the annual accounts of upshift?
upshift filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of upshift due?
upshift must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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