STEP UP
ActiveSummary
The annual accounts of STEP UP for fiscal year 2025 show a net loss of 55% of total assets and of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 422 sector peers (fiscal year 2025). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-53
Solvency37▼-26
Growth22▼-16
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.63 against 1.65 in 2024; short-term debt: 88% and cash: 45.6% of total assets), and 88% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
12%
Return on assets
-55.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-30k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 d early
2024
51 d early
2023
77 d early
2022
52 d early
2021
101 d early
2020
74 d early
2019
63 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€125k▲ 69.0%
2021 · €74k
2018: €190k
2019: €209k
2020: €31k
2021: €74k
2018 → 2022
EBIT margin
4.4%▲ 14.5pp
2021 · -10.1%
2018: -12.2%
2019: -11.5%
2020: -154.2%
2021: -10.1%
2018 → 2022
Net result
€-30k▼ 382%
2024 · €-6k
2018: €-18k
2019: €-19k
2020: €-42k
2021: €9k
2022: €4k
2023: €15k
2024: €-6k
2018 → 2025
Working capital
€-18k
2024 · €24k
2018: €35k
2019: €7k
2020: €-16k
2021: €14k
2022: €19k
2023: €21k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€74k-€125k▲ 69.0%
Equity€23k-€27k▲ 19.2%€42k▲ 54.6%€36k▼ 14.6%€6k▼ 82.2%
Operating result€-7k-€6k€17k▲ 204%€-5k€-29k▼ 513%
Net result€9k-€4k▼ 50.5%€15k▲ 238%€-6k€-30k▼ 382%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€24k ▼ 31.5%
Current assets
€30k ▼ 51.0%
Equity and liabilities €54k
Equity
€6k ▼ 82.2%
Debt
€47k ▼ 20.6%
Debt's share of the balance-sheet total rises from 62.2% to 88.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-18k▼
2024 · €8k
Cash flow
€-19k▼
2024 · €6k
Current ratio
0.63▼
2024 · 1.65
Debt to equity
7.32▲
2024 · 1.64
ROE
-460.8%▼
2024 · -17.0%
ROA
-55.4%▼
2024 · -6.4%
Interest coverage
-18.20▼
2024 · 5.12
Debt ≤ 1 year
€47k▲
2024 · €37k
Staff costs
€509▲
2024 · €290
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€96k€54k▼
Fixed assets21/28€35k€24k▼
Tangible fixed assets22/27€35k€24k▼
Land and buildings22€616€494▼
Plant, machinery and equipment23€640€72▼
Furniture and vehicles24€33k€23k▼
Other tangible fixed assets26€609€421▼
Financial fixed assets28€189€189=
Current assets29/58€61k€30k▼
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40€1k€2k▲
Cash at bank and in hand54/58€56k€25k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€96k€54k▼
Equity10/15€36k€6k▼
Contributions10/11€23k€23k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€8k€-22k▼
Amounts payable17/49€60k€47k▼
Amounts payable after more than one year17€20k-
Financial debts170/4€20k-
Amounts payable within one year42/48€37k€47k▲
Current portion of amounts payable after more than one year42€8k€20k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€23k€14k▼
Taxes450/3€23k€14k▼
Other amounts payable47/48€3k€12k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Remuneration, social security and pensions62€290€509▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€3k€704▼
Gross operating margin9900€11k€-17k▼
Operating profit (loss)9901€-5k€-29k▼
Financial income75/76B€8-
Recurring financial income75€8-
Financial charges65/66B€1k€978▼
Recurring financial charges65€1k€978▼
Profit (loss) for the period before taxes9903€-6k€-30k▼
Profit (loss) for the period9904€-6k€-30k▼
Profit (loss) for the period to be appropriated9905€-6k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-22k▼
Profit (loss) brought forward from the previous period14P€14k€8k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €15k ▲238%
Operating result €17k, net result €15k, both a record.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.57
Current ratio from 0.56 to 1.57; short-term debt falls from €37k to €25k.
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 76 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hamois · 1 establishment unit since 1993
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 du Chéricou, Achet 25362 HamoisGround area
3,692 m²
Building footprint
245 m²
Parcel 91002B0147/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Chéricou, Achet sn, 5362 Hamois
since 19932.061.322.353
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91002B0147/00H000 | Wallonia | 3,692 m² | 1 · 245 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LIFT HEAVY, LIVE HAPPY
BE 1007.151.394
Schoten · Eq €6,525
HAPPINESS THROUGH SKATEBOARDING
BE 0755.599.118
Lennik · Eq €6,613
MOTORMEN
BE 0840.899.730
Ieper · Eq €6,809
DHURVER
BE 0777.823.402
Roeselare · Eq €6,877
RT EQUESTRIAN
BE 0805.014.876
Hechtel-Eksel · Eq €6,879
Of 3,875 companies in sector 93199 we hold annual accounts for 605. 285 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
93199Other sports activities
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.