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UPSTREAM SOLUTIONS

Active
Private limited companyfounded 2006active for 19 yearsLegeweg 12, 8340 Damme, BelgiumKBO/BCE: BE 0885.317.119
Summary

UPSTREAM SOLUTIONS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For UPSTREAM SOLUTIONS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €220,731 and a net result of -€152,984. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 9,716 sector peers (NACE 64, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€4.6mtotal assets 2024
Equity
€220,731
Loss
-€152,984
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
Accounts 73 days overdue0 of 3 deeds read
Signalsraises riskWeak solvency vs sectorAnnual accounts not filedFiled more than 90 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked 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.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Three signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9716 sector peers (2024).
NBB · sector comparison
Position among 9716 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-02-2026, 212 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
212 days late
2023
82 days late
2022
178 days late
2021
142 days late
2020
223 days late
2019
8 days early
← 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 138 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Incorporation · FounderCorporate purpose · Registered office…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: From profit to loss in 2024after €505,023 in 2023 -€152,984 View
  • Caution: Among the weakest 5% on net resultsector median €29,561 · 9,713 companies -€152,984 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View

By topic

Financials

Financial year
2024
Total assets
€4.6m
Loss
-€152,984
Solvency
4.8%
Total assets▼ 3.2%
Net result
20182024
Go to Financials

Timeline

Events
25
Since
2008
  1. 25-01-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 31-12-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of holding companiesNACE 64210
Founded
27-11-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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