Upstairs
ActiveSummary
Upstairs has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212,150 and a net result of -€1,609. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 57% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-11-1989 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Establishment unit
- 2.046.121.166 2650 Edegem, since 15-12-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €38,877
- ▼ 2.2%
- Turnover
- ≈ €63,000
- estimated
- Loss
- €1,609
- ▲ 45.3%
- Equity
- €212,150
- ▼ 0.8%
- Total assets
- €550,238
- ▼ 5.5%
Score breakdownraises riskLiquidity: current ratio 0.27, cash €4,108, halvedlowers riskSize: total assets €550,238Founded in 1989Figures for financial year 2025 (filed on 08-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 56% of them on solvency, 55% on liquidity, 35% on profitability and 42% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: Bernaerts Elke, from manager to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Upstairs: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €479,000 and €559,000, founded between 1986 and 1995.
| Company | Total assets | Gross margin |
|---|---|---|
| Upstairs Mortsel | €550,238 | €38,877 |
| EVALISA Herselt | €535,045 | €43,604 |
| HAGELBERG Antwerpen | €508,191 | €36,404 |
| PHENICIA Antwerpen | €558,895 | €40,973 |
| J & M Brecht | €545,076 | €44,664 |
| REIGERSBELANG Antwerpen | €479,211 | €43,830 |
| TRAITEUR JACQUES PELISSIER Kortrijk | €558,667 | €37,765 |
Key facts about Upstairs
- What is the company number of Upstairs?
- The company number of Upstairs is 0439.004.281. The VAT number is the same number with BE in front: BE 0439.004.281.
- Where is Upstairs based?
- The registered office is at Kapellelei 12, 2640 Mortsel.Company details
- What does Upstairs do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of Upstairs?
- The legal form of Upstairs is Private limited company (BV).
- When was Upstairs founded?
- Upstairs was founded on 30-11-1989.
- Is Upstairs still active?
- Yes, Upstairs is an active enterprise in the KBO register.
- What is the turnover of Upstairs?
- The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €38,877 and 51 comparable companies (NACE 682). It probably lies between €47,000 and €92,000.Financials
- Is Upstairs profitable?
- In financial year 2025, Upstairs made a loss of €1,609.
- Where can I find the annual accounts of Upstairs?
- Upstairs filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Upstairs due?
- Upstairs must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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