UPWAY BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of UPWAY BELGIUM is 5.3% (elevated). The 2024 annual accounts show equity of €74,701 and a net result of €73,701. Its solvency ranks better than 13% of 992 sector peers (NACE 77, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 07-12-2023 Normal situation
- Activity
- Renting and leasing of other machinery, equipment and tangible goods NACE 77399and 5 others
- Establishment unit
- 2.355.343.805 2800 Mechelen, since 07-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
- UPWAY FRANCEDirector · since 05-12-2023 · permanent representative FICAJA Stéphane
- UPWAY FRANCEfounderdeed of 11-12-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.3%
- Gross margin
- €792,347
- Turnover
- ≈ €1.9m
- estimated
- Profit
- €73,701
- Equity
- €74,701
- Total assets
- €2.6m
- Employees on 31-12-2024
- 20
Score breakdownraises riskFigures for financial year 2024 (filed on 16-06-2025)Size: 14.4 FTE, total assets €2.6m1 financial year not filed after the legal deadlineEquity €74,701 (2.9% of total assets)Show the evidence
Checked score
About 5 in 100 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 77, small). It does better than 8% of them on solvency, 4% on liquidity and 54% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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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Signals
The company filed its 2024 accounts 45 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Key points
- Caution: Lower solvency than 87% of companies in rental and leasingsector median 37.5% · 992 companies 2.9% View
Recent changes
- · Gazette deed Purpose change · Amendment of the articles“Het oprichten van, het financieren van, het deelnemen in, het besturen van en het toezicht houden op…” (deed in Dutch)
- · Gazette deed Registered office moved from Antwerp to MechelenNew registered office: Kruisbaan 66B, 2800 Mechelen · Previous registered office: Italiëlei 161, 2000 Antwerpen · Permanent representative: FICAJA Stéphane
- · Gazette deed IncorporationFounding capital of €1,000, 100 shares · Founder: UPWAY FRANCE · Appointment: UPWAY FRANCE (director)
Comparable companies
These companies have the same main activity as UPWAY BELGIUM: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €1m and €3.4m, founded between 2019 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| UPWAY BELGIUM Mechelen | €2.6m | €0.8m |
| Air Plus Energy Solutions Zemst | €2.3m | €2.5m |
| Voi Technology Belgium Anderlecht | €1.0m | €0.8m |
| KH CONTAINER Seraing | €3.1m | €0.8m |
| HUCOM Antwerp | €3.4m | €0.9m |
| KICK Aalst | €1.7m | €0.6m |
| SPIRITUS LORENZ CONTAINERS Sint-Truiden | €2.0m | €0.8m |
Key facts about UPWAY BELGIUM
- What is the company number of UPWAY BELGIUM?
- The company number of UPWAY BELGIUM is 1003.102.140. The VAT number is the same number with BE in front: BE 1003.102.140.
- Where is UPWAY BELGIUM based?
- The registered office is at Kruisbaan 66, 2800 Mechelen.Company details
- What does UPWAY BELGIUM do?
- According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
- What is the legal form of UPWAY BELGIUM?
- UPWAY BELGIUM is a private limited company (BV).
- When was UPWAY BELGIUM founded?
- UPWAY BELGIUM was founded on 07-12-2023.
- Is UPWAY BELGIUM still active?
- Yes, UPWAY BELGIUM is an active enterprise in the KBO register.
- How many employees does UPWAY BELGIUM have?
- UPWAY BELGIUM had an average of 14.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of UPWAY BELGIUM?
- The turnover in financial year 2024 is ≈ €1.9m. This figure is estimated from the gross margin of €792,347 and 2,281 comparable companies of the same size. It probably lies between €1.1m and €3.2m. It is a rough estimate.
- Is UPWAY BELGIUM profitable?
- In financial year 2024, UPWAY BELGIUM made a profit of €73,701.
- Where can I find the annual accounts of UPWAY BELGIUM?
- UPWAY BELGIUM filed 1 annual account with the National Bank of Belgium, for financial year 2024.
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