Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
LIFT UP ENGINEERING from Nazareth-De Pinte, company number BE0502481972, closed financial year 2025 with a result of € -245,039 after tax. For that financial year LIFT UP ENGINEERING recorded a gross margin of € 569,739 and equity of € -163,504. Compared with financial year 2024, the result moved from € -54,627 to € -245,039. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -163,504
▼ € 245,039 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -245,039
▼ 349 % more loss than in 2024
Profit after tax over the fiscal year.
€ 84,096
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -233,509.
People and assets in 2025
8.7
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 738,707
▼ 16% vs 2024
€ 84,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 126,863
▼ 33% vs 2024
Of which on lease € 111,257.
Debts at end 2025
€ 234,107
▼ 51% vs 2024
€ 34,678 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 164,412
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,614
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 396,876 | € 483,049 | € 924,429 | € 569,739 | ▼ 38% |
| Profit after taxes | € 401 | € 780 | € -54,627 | € -245,039 | ▼ € 190,412 |
| Equity | € 135,382 | € 136,162 | € 81,535 | € -163,504 | ▼ € 245,039 |
| Total debts | € 1,201,122 | € 1,094,848 | € 1,701,709 | € 1,630,177 | ▼ 4% |
| Cash | € 271,678 | € 138,085 | € 235,525 | € 84,096 | ▼ 64% |
| Retained profit | € 65,377 | € 66,157 | € 11,530 | € -233,509 | ▼ € 245,039 |
| Bank debt | € 33,673 | € 223,942 | € 477,436 | € 234,107 | ▼ 51% |
| Balance sheet total | € 1,336,504 | € 1,231,010 | € 1,783,245 | € 1,466,672 | ▼ 18% |
| Employees (FTE) | 6.2 | 6.8 | 8.1 | 8.7 | ▲ 0.6 |
Key figures of LIFT UP ENGINEERING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LIFT UP ENGINEERING?
What happened at LIFT UP ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- THOMAS DECAMPS BV stepped down as director. NBB
- FAIN BELGIUM BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 245,039. Source: NBB ↗
- THOMAS DECAMPS BV became a director. NBB
- FAIN BELGIUM BV became a director. NBB
- Marc-Henri GONDA stepped down as director. NBB
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 401 profit in 2022 to € 245,039 loss in 2025.
Paid € 18,241 in corporate taxes since 2022.
Best year ever: 2023, with € 780 profit.
On average € 65,500 of value added per employee in 2025.
A new publication or filing at LIFT UP ENGINEERING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Fain Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIFT UP ENGINEERINGThe shares are held by Fain Belgium (100%).
Directors
According to the 2025 annual accounts
Director · represented by Thomas Decamps
Also active at: ISTAS, Ascenseurs Charles Liften, Ascenseur, Fain Belgium Holding, LIFTINC
since 2025 · until 2031
Director · represented by Arne Vandenberghe
since 2025 · until 2031
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Begoniastraat 30C
9810 Nazareth-De Pinte
Sander Pierronstraat 7
1030 Schaarbeek
Active since 15 January 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.481.972
- VAT number
- BE 0502.481.972
- Registered office
- Begoniastraat 30C, 9810 Nazareth-De Pinte
- Names & denominations
- LIFT UP ENGINEERING · LIFTUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2013
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
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