Up2Study
ActiveSummary
The annual accounts of Up2Study for fiscal year 2025 show a net loss of 109% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-15k. Equity is growing by ~42.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 2043 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency41▼-23
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.4%
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 0.99 against 1.1 in 2024; short-term debt: 81.5% and cash: 9.6% of total assets), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
15.5%
Return on assets
-36.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
4 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 53.8%
2024 · €14k
2023: €964
2024: €14k
2023 → 2025
Total assets
€40k▲ 16.4%
2024 · €35k
2023: €28k
2024: €35k
2023 → 2025
Net result
€-15k
2024 · €13k
2023: €-14k
2024: €13k
2023 → 2025
Working capital
€-372
2024 · €2k
2023: €6k
2024: €2k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€964-€14k▲ 1,314%€6k▼ 53.8%
Operating result€-14k-€13k€-14k
Net result€-14k-€13k€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€8k ▼ 33.1%
Current assets
€33k ▲ 41.6%
Equity and liabilities €40k
Equity
€6k ▼ 53.8%
Debt
€34k ▲ 61.6%
Debt's share of the balance-sheet total rises from 60.8% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-11k▼
2024 · €16k
Cash flow
€-12k▼
2024 · €15k
Current ratio
0.99▼
2024 · 1.10
Debt to equity
5.44▲
2024 · 1.55
ROE
-236.0%▼
2024 · 92.9%
ROA
-36.7%▼
2024 · 36.4%
Interest coverage
-9.95▼
2024 · 121.05
Debt ≤ 1 year
€33k▲
2024 · €21k
Income taxes
€0▼
2024 · €514
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€35k€40k▲
Fixed assets21/28€12k€8k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€3k€3k▲
Furniture and vehicles24€3k€3k▲
Financial fixed assets28€5k€3k▼
Current assets29/58€23k€33k▲
Amounts receivable within one year40/41€9k€24k▲
Trade receivables40€7k€24k▲
Other amounts receivable41€2k€380▼
Cash at bank and in hand54/58€11k€4k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€35k€40k▲
Equity10/15€14k€6k▼
Contributions10/11€15k€23k▲
Profit (loss) carried forward14€-1k€-16k▼
Amounts payable17/49€21k€34k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€21k€33k▲
Trade debts44€1k€17k▲
Suppliers440/4€1k€17k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€17k€10k▼
Accrued charges and deferred income492/3€281€1k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€384€686▲
Gross operating margin9900€16k€-10k▼
Operating profit (loss)9901€13k€-14k▼
Financial income75/76B€44€1▼
Recurring financial income75€44€1▼
Financial charges65/66B€129€1k▲
Recurring financial charges65€129€1k▲
Profit (loss) for the period before taxes9903€13k€-15k▼
Income taxes67/77€514€0▼
Profit (loss) for the period9904€13k€-15k▼
Profit (loss) for the period to be appropriated9905€13k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-16k▼
Profit (loss) brought forward from the previous period14P€-14k€-1k▲
The notes to these accounts (12 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-15k ▼217%
Net result drops to €-15k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2022
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.
Martelarenplein 20E3000 LeuvenGround area
4.6 ha
Building footprint
1,320 m²
Volume, LiDAR
18,517 m³
Parcel 24062H0036/00L013, Flanders · tallest building 22.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Up2Study
since 20222.337.174.022
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062H0036/00L013 | Flanders | 4.6 ha | 1 · 1,320 m² | 22.3 m · 5 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
OSTEO DUBY
BE 0835.806.735
Oudergem · Eq €6,302
H.O.TECH
BE 0780.555.337
Mechelen · Eq €6,438
Feniks, your life, your transformation
BE 0803.397.154
Kortrijk · Eq €6,440
Centre Socioculturel Alevi de Bruxelles
BE 0861.505.795
Anderlecht · Eq €6,109
Christine GILLON-psychologue
BE 1018.412.502
Dalhem · Eq €6,497
Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 627 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
Founded05-10-2022
Fiscal year end30-09
Activities, NACEBEL 2025
85599Other education
63920Other information service activities
82990Other business support services
85699Other educational support services
88999Other social work without accommodation
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.