Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Late annual account NBB
Fiscal year 2022 was filed 214 days after the legal deadline.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
UP ELEVATION from Grâce-Hollogne, company number BE0734921092, closed financial year 2022 with a result of € -151,683 after tax. For that financial year UP ELEVATION recorded a gross margin of € -28,447 and equity of € -130,186. Compared with financial year 2021, the result moved from € 34,185 to € -151,683. 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 March 1, 2024.
€ -130,186
▼ € 157,305 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -151,683
▼ still € 34,185 profit in 2021
Profit after tax over the fiscal year.
€ 23,486
▲ € 22,599 vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -135,186.
People and assets in 2022
€ 88,969
▼ 3% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,043
▼ 97% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 120,082
▲ 16% vs 2021
€ 7,884 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 251,211
▲ € 206,899 vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 29,811
▼ 19% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 169,120 | € -28,447 | ▼ € 197,567 |
| Profit after taxes | € 34,185 | € -151,683 | ▼ € 185,868 |
| Equity | € 27,120 | € -130,186 | ▼ € 157,305 |
| Total debts | € 192,006 | € 412,103 | ▲ 115% |
| Cash | € 887 | € 23,486 | ▲ € 22,599 |
| Retained profit | € 22,120 | € -135,186 | ▼ € 157,305 |
| Dividend | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 103,760 | € 120,082 | ▲ 16% |
| Balance sheet total | € 219,125 | € 281,917 | ▲ 29% |
Key figures of UP ELEVATION, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to UP ELEVATION?
What happened at UP ELEVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
UP ELEVATION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 151,683 (▼ € 185,868 vs 2021). filed late Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,185 profit in 2021 to € 151,683 loss in 2022.
Paid € 8,000 in corporate taxes since 2021.
Best year ever: 2021, with € 34,185 profit.
Paid out € 30,000 in dividends to the owners in total.
A new publication or filing at UP ELEVATION? 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
Establishments
Establishment units
Physical locations of this company
Rue de l'Informatique 12 box 8
4460 Grâce-Hollogne
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
- 0734.921.092
- VAT number
- BE 0734.921.092
- Registered office
- Rue de l'Informatique 12 bus 8, 4460 Grâce-Hollogne
- Names & denominations
- UP ELEVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 September 2019
- Peppol
- Not registered
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
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