UPWAY BELGIUM
The computed 12-month bankruptcy probability of UPWAY BELGIUM is 2.0% (moderate). The 2024 annual accounts show equity of €75k and a net result of €74k. Its solvency ranks better than 24% of 155 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €75k |
| Net result | €74k |
| Staff (FTE) | 14.4 |
| Better than sector | 24% |
Mixed profile: strong on profitability, weaker on solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.9% | 22.3% | |
| Net result | €74k | €14k | |
| Equity | €75k | €114k | |
| Gross operating margin | €792k | €132k | |
| Staff costs | €674k | €171k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €114k |
| Net profit | €74k |
| Cash flow | €83k |
| Staff costs | €674k |
| Income taxes | €29k |
| Dividends | - |
| Total assets | €2.58M |
| Equity | €75k |
| Debt | €2.51M |
| of which ≤ 1y | €2.51M |
| of which > 1y | - |
| Working capital | €-52k |
| Employees (FTE) | 14.4 |
| 2024 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.97 |
| Working capital ratio | -2.0% |
| Solvency | 2.9% |
| Debt / equity | 33.57 |
| Long-term debt ratio | - |
| Interest coverage | 38.50 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.9% |
| ROE | 98.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.58M |
| Fixed assets | 21/28 | €126k |
| Tangible fixed assets | 22/27 | €126k |
| Current assets | 29/58 | €2.46M |
| Stocks & contracts in progress | 3 | €20k |
| Amounts receivable within one year | 40/41 | €2.34M |
| Cash & bank | 54/58 | €94k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.58M |
| Equity | 10/15 | €75k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €74k |
| Amounts payable | 17/49 | €2.51M |
| Amounts payable within one year | 42/48 | €2.51M |
| Trade debts payable within one year | 44 | €187k |
| Income statement | ||
| Gross operating margin | 9900 | €792k |
| Operating result | 9901 | €105k |
| Financial income | 75 | €629 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €103k |
| Income taxes | 67/77 | €29k |
| Net result for the period | 9904 | €74k |
| Result to be appropriated | 9905 | €74k |
| NACE primary | Verhuur en lease van andere machines en werktuigen en andere materiële goederen(77399) |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2023 |
| Status | Active |
| Postal code | 2800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0152/00D002 | Flanders | 6.0 ha | 1 · 3.8 ha | 14.5 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
16-09-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Gilles VAN BOCKRIJCK",
"firm_city": null,
"firm_name": "VAN BOCKRIJCK DANIEL EN GILLES",
"office_city": "Lint",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-16",
"filing_date": "2024-09-12",
"act_kind_objet": "DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-09-12",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "translation_only",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "1003.102.140",
"name_full_after": "Upway Belgium",
"legal_form_after": "B.V.",
"name_full_before": "Upway Belgium",
"current_zetel_raw": "Kruisbaan 66 bus B 2800 Mechelen",
"legal_form_before": "B.V."
},
"special_mandates": [],
"articles_modified": [],
"governance_change": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"shareholder_rights": null,
"voorwerp_change_summary": "De vennootschap heeft tot voorwerp: a. Het oprichten van, het financieren van, het deelnemen in, het besturen van en het toezicht houden op vennootschappen en andere ondernemingen. b. Het verlenen van garanties en voorts het vestigen van zekerheden op vermogensbestanddelen van de vennootschap voor de nakoming van de verplichtingen van zowel de vennootschap en de vennootschappen en ondernemingen waarmee de vennootschap in een groep gelieerd is, als die van derden. c. Het verkrijgen, vervreemden, ",
"capital_structure_change": null,
"coordinated_text_lineage": null
}20-03-2024 Registered office moved from Antwerpen to Mechelen
- 2000 Antwerpen, Italiëlei 161 → Kruisbaan 66B 2800 Mechelen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Kruisbaan 66B\n2800 Mechelen",
"city": "Mechelen",
"region": "vlaams_gewest",
"street": "Kruisbaan",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "66B",
"locality_suffix": null
},
"old_address": {
"raw": "2000 Antwerpen, Itali\u00EBlei 161",
"city": "Antwerpen",
"region": null,
"street": null,
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": "2024-02-01",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-20",
"filing_date": "2024-02-28",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-02-01",
"unanimous": null
},
"subject_company": {
"kbo": "1003.102.140",
"name_full": "UPWAY BELGIUM",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "UPWAY FRANCE",
"person_name": null,
"org_rep_person_name": "FICAJA St\u00E9phane",
"person_role_at_subject": null
},
"co_filed_documents": []
}| Legal nameNL | UPWAY BELGIUM |