UP-nxt
ActiveSummary
UP-nxt has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2021 annual accounts show negative equity (€-7.53M) and a net result of €-2.38M. Equity is shrinking by ~84.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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 2021Solvency, return and age of the figures
Solvency
-60.3%
Return on assets
-19.1%
Age of the figures
57 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
41 d early
2022
47 d early
2021
34 d early
2020
54 d early
2019
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€-7.53M▼ 46.2%
2020 · €-5.15M
2018: €1.07M
2019: €-1.70M
2020: €-5.15M
2018 → 2021
Total assets
€12.49M▲ 323%
2020 · €2.95M
2018: €2.94M
2019: €4.24M
2020: €2.95M
2018 → 2021
Net result
€-2.38M▲ 31.0%
2020 · €-3.45M
2018: €437k
2019: €-2.77M
2020: €-3.45M
2018 → 2021
Working capital
€-9.10M▼ 32.8%
2020 · €-6.85M
2018: €-236k
2019: €-3.70M
2020: €-6.85M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€1.07M-€-1.70M€-5.15M▼ 202%€-7.53M▼ 46.2%
Operating result€536k-€-2.69M€-3.20M▼ 18.8%€-1.98M▲ 38.3%
Net result€437k-€-2.77M€-3.45M▼ 24.4%€-2.38M▲ 31.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.98M in 2021 against €3.20M in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €12.49M
Fixed assets
€1.89M ▼ 11.6%
Current assets
€10.59M ▲ 1,202%
Key figures and ratios
EBITDA
€-1.26M▲
2020 · €-2.56M
Cash flow
€-1.66M▲
2020 · €-2.81M
Solvency
-60.3%▲
2020 · -174.5%
Current ratio
0.54▲
2020 · 0.11
Debt to equity
-2.66▼
2020 · -0.02
ROA
-19.1%▲
2020 · -116.8%
Interest coverage
-3.49
Debt
€20.02M▲
2020 · €8.11M
Debt ≤ 1 year
€19.70M▲
2020 · €7.67M
Debt > 1 year
€102k▼
2020 · €123k
Income taxes
€43k▲
2020 · €-37k
Staff costs
€7.18M
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 · 2021 against 2020 · 55 lines
Balance sheet
Code20202021
Assets
Total assets20/58€2.95M€12.49M▲
Fixed assets21/28€2.14M€1.89M▼
Intangible fixed assets21€1.97M€1.75M▼
Tangible fixed assets22/27€169k€135k▼
Plant, machinery and equipment23-€36k
Furniture and vehicles24-€0
Other tangible fixed assets26-€99k
Financial fixed assets28€1k€4k▲
Current assets29/58€814k€10.59M▲
Amounts receivable after more than one year29-€25k
Other amounts receivable291-€25k
Amounts receivable within one year40/41€382k€10.28M▲
Trade receivables40-€10.28M
Cash at bank and in hand54/58€196k€31k▼
Deferred charges and accrued income490/1-€260k
Equity and liabilities
Total equity and liabilities10/49€2.95M€12.49M▲
Equity10/15€-5.15M€-7.53M▼
Contributions10/11€1.37M€1.37M=
Capital10-€1.37M
Issued capital100-€1.37M
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€-6.52M€-8.90M▼
Amounts payable17/49€8.11M€20.02M▲
Amounts payable after more than one year17€123k€102k▼
Financial debts170/4-€2k
Other amounts payable178/9-€100k
Amounts payable within one year42/48€7.67M€19.70M▲
Current portion of amounts payable after more than one year42-€21k
Financial debts43-€607k
Credit institutions430/8-€607k
Trade debts44€936k€3.57M▲
Suppliers440/4-€3.57M
Taxes, remuneration and social security45-€2.57M
Taxes450/3-€1.53M
Remuneration and social security454/9-€1.05M
Other amounts payable47/48-€12.92M
Accrued charges and deferred income492/3-€222k
Income statement
Code20202021
Remuneration, social security and pensions62-€7.18M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€642k€715k▲
Other operating charges640/8-€328k
Gross operating margin9900€4.61M€6.25M▲
Operating profit (loss)9901€-3.20M€-1.98M▲
Financial income75/76B-€29
Recurring financial income75€2k€29▼
Financial charges65/66B-€361k
Recurring financial charges65€289k€361k▲
Profit (loss) for the period before taxes9903€-3.49M€-2.34M▲
Income taxes67/77€-37k€43k▲
Profit (loss) for the period9904€-3.45M€-2.38M▲
Profit (loss) for the period to be appropriated9905€-3.45M€-2.38M▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-8.90M
Profit (loss) brought forward from the previous period14P-€-6.52M
Social balance
Average headcount (FTE)9087-91.5
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-08
State Gazette act
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Amandine Desmedt · Mandate compensation4 facts ▸
State Gazette act
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Amandine Desmedt · Mandate compensation4 facts ▸
- General meeting, 01/06/2026
- Auditor appointment, BDO Bedrijfsrevisoren BV (statutory auditor)
- Mandate compensation, BDO Bedrijfsrevisoren BV
- Permanent representative, Amandine Desmedt
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-3.45M
Net result drops to €-3.45M, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 5 days late
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 84 days late
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 112 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 134 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gent · 3 establishment units since 2012
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.
Kortrijksesteenweg 11469051 GentGround area
15.6 ha
Building footprint
6,502 m²
Volume, LiDAR
55,275 m³
3 parcels, Flanders, Wallonia · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
UP-nxt
since 20122.205.452.970
UP-nxt
since 20202.303.646.367
UP-nxt
since 20232.341.382.733
3 parcels
Flanders
2
(66.7%)
Wallonia
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050C0039/00K000 | Wallonia | 10.1 ha | 1 · 113 m² | 14.1 m · 3 fl. |
| 11024B0077/00M000 | Flanders | 5.2 ha | 1 · 5,358 m² | 11.5 m · 3 fl. |
| 44062B0038/00Y000 | Flanders | 2,008 m² | 1 · 1,031 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BDO Bedrijfsrevisoren bvCurrent Statutory auditor · represented by Amandine Desmedt | 12-08-2026 → present |
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
La Hulpe
controls
UP-nxtBE 0842.217.841
Public money · subsidies and aid
Flemish government
2022 to 2023 · 4 entries · 10,140 EUR awarded · 10,140 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 3,298 EUR | 3,298 EUR |
| 2022 | 2 | 6,842 EUR | 6,842 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
254900JPGRJ24JVDL621
Similar companies · same sector, comparable size
MMS SOLUTIONS
BE 0459.478.706
Kortenaken · Eq €1,069,343
Dekimo Leuven
BE 0438.998.838
Leuven · Eq €1,069,388
Huyse
BE 0472.112.361
Roeselare · Eq €1,068,278
DEKOM BELGIUM
BE 0525.991.705
Brussel · Eq €1,071,203
FLEXMAIL
BE 0835.786.642
Genk · Eq €1,066,941
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 3,955 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 formPublic limited company
Founded16-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.