Summary
UPSILON CONSULT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €28.8m and a net result of -€77,548. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 942 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 6 filingsDeviation from the deadline
2025
6 d late
2024
17 d early
2023
19 d early
2022
18 d early
2021
16 d early
2020
30 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 6 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?UPSILON CONSULT · 5 companies What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#2 company by equity in Walloon Brabant, Office administrative support sector#3 company by total assets in Walloon Brabant, Office administrative support sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€77,548
2024 · €964,638
Working capital
€12.5m▲ 1.8%
2024 · €12.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line20212022202320242025
Operating result-€9,089▲ 12.6%-€10,158▼ 11.8%-€8,821▲ 13.2%-€9,241▼ 4.8%-€11,341▼ 22.7%
Net result€987,588above the sector's middle half▲ 4.8%€969,945above the sector's middle half▼ 1.8%€1.2mabove the sector's middle half▲ 25.8%€964,638above the sector's middle half▼ 20.9%-€77,548below the sector's middle half
Equity€27.8mabove the sector's middle half▲ 3.7%€28.4mabove the sector's middle half▲ 2.3%€29.7mabove the sector's middle half▲ 4.3%€28.9mabove the sector's middle half▼ 2.6%€28.8mabove the sector's middle half▼ 0.3%
Total assets€28.0mabove the sector's middle half▲ 3.7%€28.5mabove the sector's middle half▲ 1.9%€29.7mabove the sector's middle half▲ 4.2%€30.7mabove the sector's middle half▲ 3.4%€28.8mabove the sector's middle half▼ 6.1%
Debt€174,426▼ 0.5%€54,225▼ 68.9%€20,096▼ 62.9%€1.8m▲ 8,902%€4,679▼ 99.7%
Working capital€11.3mabove the sector's middle half▲ 21.2%€11.9mabove the sector's middle half▲ 5.7%€13.1mabove the sector's middle half▲ 10.3%€12.3mabove the sector's middle half▼ 6.5%€12.5mabove the sector's middle half▲ 1.8%
Solvency99.4%above the sector's middle half=99.8%above the sector's middle half▲ 0.4pp99.9%above the sector's middle half▲ 0.1pp94.1%above the sector's middle half▼ 5.8pp100.0%above the sector's middle half▲ 5.9pp
Current ratio67.26above the sector's middle half▲ 13.297.78above the sector's middle half
Return on assets (ROA)3.5%within the sector's middle half=3.4%within the sector's middle half▼ 0.1pp4.1%within the sector's middle half▲ 0.7pp3.1%within the sector's middle half▼ 1.0pp-0.3%below the sector's middle half▼ 3.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,341 in 2025 against €9,241 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28.8m
Fixed assets
€16.3m ▼ 1.8%
Current assets
€12.5m ▼ 11.2%
Equity and liabilities €28.8m
Equity
€28.8m ▼ 0.3%
Debt
€4,679 ▼ 99.7%
Debt's share of the balance-sheet total falls from 5.9% to 0.0%. Equity and debt are lower.
Key figures and ratios
ROE
-0.3%▼
2024 · 3.3%
Debt ≤ 1 year
€4,679▼
2024 · €1.8m
Income taxes
€57,781▼
2024 · €68,679
A ratio outside any meaningful range has been withheld (balance sheet total €28.8m, equity €28.8m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €5,553 | €8,292 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | -€3,535 | -€1,867 | -€7,860 | -€8,274 | -€10,342 | ▼ 25.0% |
| Operating profit (loss)9901 | -€9,089 | -€10,158 | -€8,821 | -€9,241 | -€11,341 | ▼ 22.7% |
| Financial income75/76B | €1.2m | €994,357 | €1.3m | €1.0m | €300,390 | ▼ 71.2% |
| Recurring financial income75 | €1.2m | €994,357 | €1.3m | €1.0m | €300,390 | ▼ 71.2% |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €51,242 | €5,816 | €19,442 | €151 | €308,816 | ▲ 204,401% |
| Recurring financial charges65 | €51,242 | €5,816 | €19,442 | €151 | €308,816 | ▲ 204,401% |
| Profit (loss) for the period before taxes9903 | €1.1m | €978,383 | €1.3m | €1.0m | -€19,766 | ▼ 102% |
| Income taxes67/77 | €156,982 | €8,438 | €92,586 | €68,679 | €57,781 | ▼ 15.9% |
| Profit (loss) for the period9904 | €987,588 | €969,945 | €1.2m | €964,638 | -€77,548 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | €987,588 | €969,945 | €1.2m | €964,638 | -€77,548 | ▼ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28.0m | €28.5m | €29.7m | €30.7m | €28.8m | ▼ 6.1% |
| Fixed assets21/28 | €16.5m | €16.5m | €16.5m | €16.6m | €16.3m | ▼ 1.8% |
| Financial fixed assets28 | €16.5m | €16.5m | €16.5m | €16.6m | €16.3m | ▼ 1.8% |
| Current assets29/58 | €11.4m | €11.9m | €13.1m | €14.1m | €12.5m | ▼ 11.2% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €173,034 | €33,670 | €51,225 | €27,399 | €62,540 | ▲ 128% |
| Trade receivables40 | €37,480 | €18,150 | €51,225 | €0 | - | - |
| Other amounts receivable41 | €135,554 | €15,520 | €0 | €27,399 | €62,540 | ▲ 128% |
| Current investments50/53 | €8.3m | €7.0m | €13.0m | €14.0m | €12.3m | ▼ 11.7% |
| Cash at bank and in hand54/58 | €2.9m | €4.9m | €106,735 | €8,148 | €59,938 | ▲ 636% |
| Deferred charges and accrued income490/1 | - | - | - | €48,107 | €18,663 | ▼ 61.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28.0m | €28.5m | €29.7m | €30.7m | €28.8m | ▼ 6.1% |
| Equity10/15 | €27.8m | €28.4m | €29.7m | €28.9m | €28.8m | ▼ 0.3% |
| Contributions10/11 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Capital10 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Issued capital100 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Revaluation surpluses12 | €13.9m | €13.9m | €13.9m | €13.9m | €13.9m | = |
| Reserves13 | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | = |
| Non-distributable reserves130/1 | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | = |
| Legal reserve130 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Reserves not available under the articles1311 | - | €5.6m | €5.6m | €5.6m | €5.6m | = |
| Own shares acquired1312 | €5.6m | €0 | - | - | - | - |
| Profit (loss) carried forward14 | €6.4m | €7.1m | €8.3m | €7.5m | €7.4m | ▼ 1.0% |
| Amounts payable17/49 | €174,426 | €54,225 | €20,096 | €1.8m | €4,679 | ▼ 99.7% |
| Amounts payable within one year42/48 | €169,945 | €51,069 | €16,940 | €1.8m | €4,679 | ▼ 99.7% |
| Trade debts44 | €9,742 | €5,022 | €4,417 | €4,679 | €4,679 | = |
| Suppliers440/4 | €9,742 | €5,022 | €4,417 | €4,679 | €4,679 | = |
| Taxes, remuneration and social security45 | €160,203 | €46,047 | €12,523 | €529,380 | €0 | ▼ 100% |
| Taxes450/3 | €160,203 | €46,047 | €12,523 | €529,380 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €1.3m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €4,480 | €3,156 | €3,156 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €987,588 | €969,945 | €1.2m | €964,638 | -€77,548 | ▼ 108% |
| Operating cash flow (approximation) | €987,588 | €969,945 | €1.2m | €964,638 | -€77,548 | ▼ 108% |
| Investment in fixed assets (approximation) | - | -€5 | €0 | -€70,066 | €303,392 | ▲ 533% |
| Change in cash | - | €2.0m | -€4.8m | -€98,587 | €51,790 | ▲ 153% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 6 days late
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated · 6 days late
2025
31-12
Financial
Weakest financial yearnet -€77,548
Net result drops to -€77,548, the lowest in the series.
31-12
Financial
Liquidity times 343current ratio 2668.82
Current ratio from 7.78 to 2668.82; short-term debt falls from €1.8m to €4,679.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2020net €1.2m ▲25.8%
Operating result -€8,821, net result €1.2m, both a record.
31-12
Financial
Liquidity triplescurrent ratio 775.32
Current ratio from 233.96 to 775.32; short-term debt falls from €51,069 to €16,940.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 233.96
Current ratio from 67.26 to 233.96; short-term debt falls from €169,945 to €51,069.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Braine-l'Alleud · 1 establishment unit since 2020
Ground area
3,720 m²
Building footprint
234 m²
Volume, LiDAR
1,847 m³
Parcel 25078A0717/00A002, Wallonia · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Avenue de la Tendraie 9, 1421 Braine-l'Alleud
since 20202.312.598.279
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25078A0717/00A002 | Wallonia | 3,720 m² | 1 · 234 m² | 16.6 m · 3 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.
Structure & network
Heads the group
UPSILON CONSULT
5 companies
Group, risk and exposure
Owners and holdings
1 holding · 6 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
- CONTRASTE EUROPEsubsidiaryEquity €9.8mResult -€82,43275.26%
All subsidiaries, including indirect ones 6
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
CONTRASTE EUROPE 75.26%5 subsidiaries
AUDAXIS 100%1 subsidiary
- AUDAXIS MAGHREBTN 70.96%
CONTRASTE DIGITAL 100%1 subsidiary
- AUDAXIS FRFR 100%
- THE DIGITAL JOURNEY 100%
According to the 2025 annual accounts of UPSILON CONSULT and those 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.
Recognitions · licences · registrations
Legal Entity Identifier
222100IXSGFGLO9IDO63
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 526 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
64210Activities of holding companies
70100Activities of head offices
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.