UPSTYLE
ActiveUPSTYLE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-116k) and a net result of €-174k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-21
Solvency0▼-73
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 2.31 in 2023; short-term debt: 339.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-241%
Return on assets
-359.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-116k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
56 d late
2022
294 d late
2021
120 d late
2020
106 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€233k
EBIT margin
79.7%
Net result
€-174k▼ 2,126%
2023 · €-8k
2019: €-3k
2020: €-55k
2021: €-8k
2022: €186k
2023: €-8k
2019 → 2024
Working capital
€-124k
2023 · €62k
2019: €-73k
2020: €-141k
2022: €52k
2023: €62k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€233k
Equity€-113k-€-121k▼ 6.7%€65k€57k▼ 12.0%€-116k
Operating result€-37k-€6k€186k▲ 2,792%€-9k€-66k▼ 671%
Net result€-55k-€-8k▲ 86.3%€186k€-8k€-174k▼ 2,126%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €66k in 2024 against €9k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€9k=
Current assets
€39k▼ 64.2%
Key figures and ratios
Solvency
-241.0%▼
2023 · 48.3%
Current ratio
0.24▼
2023 · 2.31
Quick ratio
0.24▼
2023 · 2.31
Debt / equity
-1.41▼
2023 · 1.07
ROA
-359.8%▼
2023 · -6.6%
Debt
€164k▲
2023 · €61k
Debt ≤ 1 year
€164k▲
2023 · €47k
Income taxes
€104k
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€118k€48k▼
Fixed assets21/28€9k€9k=
Tangible fixed assets22/27€9k€9k=
Land and buildings22€9k€9k=
Current assets29/58€109k€39k▼
Amounts receivable within one year40/41€109k€39k▼
Trade receivables40€34k€34k=
Other amounts receivable41€75k€5k▼
Equity and liabilities
Total equity and liabilities10/49€118k€48k▼
Equity10/15€57k€-116k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€37k€-137k▼
Amounts payable17/49€61k€164k▲
Amounts payable within one year42/48€47k€164k▲
Financial debts43€26k€28k▲
Credit institutions430/8€26k€3k▼
Other loans439-€25k
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Taxes, remuneration and social security45€12k€130k▲
Taxes450/3€12k€130k▲
Accrued charges and deferred income492/3€14k€846▼
Income statement
Code20232024
Other operating charges640/8€150€15k▲
Gross operating margin9900€-8k€-50k▼
Operating profit (loss)9901€-9k€-66k▼
Financial income75/76B€4k-
Recurring financial income75€4k-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-8k€-69k▼
Income taxes67/77-€104k
Profit (loss) for the period9904€-8k€-174k▼
Profit (loss) for the period to be appropriated9905€-8k€-174k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-137k▼
Profit (loss) brought forward from the previous period14P€45k€37k▼
The notes to these accounts (3 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 · micro schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-174k
Net result drops to €-174k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 294 days late
2022
31-12
Financial
Back to profitnet €186k
Net result €186k after 3 loss-making years.
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 106 days late
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-01
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Mont-Saint-Guibert · 1 establishment unit since 2002
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.
Rue André Dumont 121435 Mont-Saint-Guibert1 establishment unit
UPSTYLE MANAGEMENT
since 20022.302.624.404
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,540 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2002
Fiscal year end31-12
Trade name FR
UPSTYLE INVEST, UPSTYLE REALTY, UPSTYLE IMMOBILIER, UPSTYLE MANAGEMENT
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74142
68310Real estate agency activities
68311Real estate activities
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filings
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.