Checked.be · Company dossierhttps://checked.be/en/c/upstream-solutions-0885317119 · as of 12-10-2026
UPSTREAM SOLUTIONS
Active
Private limited company · founded 2006 · active for 19 yearsLegeweg 12, 8340 Damme, BelgiumKBO/BCE: BE 0885.317.119
Summary
UPSTREAM SOLUTIONS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For UPSTREAM SOLUTIONS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €220,731 and a net result of -€152,984. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 9,716 sector peers (NACE 64, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
Accounts 73 days overdue0 of 3 deeds read
Signalsraises riskWeak solvency vs sectorAnnual accounts not filedFiled more than 90 days lateShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
31-12-2025 year end31-07-2026 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-02-2026, 212 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 138 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.