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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.8 to 10.4.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Up&Co from Wavre, company number BE0599978652, closed financial year 2023 with a result of € -289,926 after tax. For that financial year Up&Co recorded a gross margin of € 380,766 and equity of € -1.5 million. Compared with financial year 2022, the result moved from € -122,324 to € -289,926. 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 15, 2024.
€ -1.5 million
▼ € 289,926 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -289,926
▼ 137 % more loss than in 2022
Profit after tax over the fiscal year.
€ 307,963
▲ € 240,723 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2023
10.4
▼ 3.9 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 563,420
▼ 7% vs 2022
€ 54,200 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.
€ 3,169
▼ 28% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 944,131
▼ 29% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 67,545
▼ 23% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 624,901 | € 556,719 | € 380,766 | ▼ 32% |
| Profit after taxes | € -168,892 | € -122,324 | € -289,926 | ▼ € 167,602 |
| Equity | € -1,101,755 | € -1,224,079 | € -1,514,005 | ▼ € 289,926 |
| Total debts | € 3,672,833 | € 3,672,235 | € 3,614,312 | ▼ 2% |
| Cash | € 245,997 | € 67,241 | € 307,963 | ▲ € 240,723 |
| Retained profit | € -1,121,755 | € -1,244,079 | € -1,536,005 | ▼ € 291,926 |
| Bank debt | € 1,182 | € 238 | € 0 | ▼ 100% |
| Balance sheet total | € 2,571,078 | € 2,448,156 | € 2,100,306 | ▼ 14% |
| Employees (FTE) | 14.8 | 14.3 | 10.4 | ▼ 3.9 |
Key figures of Up&Co, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Up&Co?
What happened at Up&Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 289,926. Source: NBB ↗
- FOG SRL became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,892 loss in 2021 to € 289,926 loss in 2023.
Paid € 4,342 in corporate taxes since 2021.
On average € 36,600 of value added per employee in 2023.
A new publication or filing at Up&Co? 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
Behind Up&Co is FOG SRL. The shares are held by FDG Managers SAS (100%).
Directors
According to the 2023 annual accounts
Director · represented by VINCENT FAES
since 2017
Shareholders
FDG Managers SAS
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Manège 18
1301 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0599.978.652
- VAT number
- BE 0599.978.652
- Registered office
- Rue du Manège 18, 1301 Wavre
- Names & denominations
- Up&Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in spellen en speelgoed