What does UP ELEVATION do?

UP ELEVATION is a construction equipment rental company in Grâce-Hollogne. Private Limited, started on 26 September 2019, 1 establishment.

What is the address of UP ELEVATION?

The registered office of UP ELEVATION is located at Rue de l'Informatique 12 box 8, 4460 Grâce-Hollogne.

Is UP ELEVATION still active?

No. The CBE lists UP ELEVATION with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is UP ELEVATION registered on Peppol?

No, UP ELEVATION is currently not registered on the Peppol network.

What is the enterprise number of UP ELEVATION?

The enterprise number of UP ELEVATION is BE0734921092.

When was UP ELEVATION founded?

UP ELEVATION was founded on 26 September 2019.

Is UP ELEVATION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 26 September 2019; 2 annual accounts filed, latest fiscal year 2022.

How much profit did UP ELEVATION make in 2022?

UP ELEVATION recorded a loss after taxes of € 151,683 in financial year 2022.

What is the revenue of UP ELEVATION?

As a small company, UP ELEVATION is not required to publish revenue in its annual accounts. In financial year 2022, its added value was € -28,447.

UP ELEVATION (Private Limited) - Grâce-Hollogne

Dossier UP ELEVATION, printed on 1 November 2026 from databakkes.be/en/0734921092/up-elevation. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2 fiscal years.
Late annual account NBB

Fiscal year 2022 was filed 214 days after the legal deadline.
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.

What it is worth Caution

€ -130,186

▼ € 157,305 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -151,683

▼ still € 34,185 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 23,486

▲ € 22,599 vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -135,186.

People and assets in 2022

Wage cost

€ 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.

Vehicles and equipment

€ 1,043

▼ 97% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 120,082

▲ 16% vs 2021

€ 7,884 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 251,211

▲ € 206,899 vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,811

▼ 19% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	Change 2021 → 2022
Gross margin	€ 169,120 Gross margin 2021: € 169,120 First fiscal year in the series	€ -28,447 Gross margin 2022: € -28,447 ▼ € 197,567 vs 2021 (€ 169,120) Unfavourable step	▼ € 197,567
Profit after taxes	€ 34,185 Profit after taxes 2021: € 34,185 First fiscal year in the series	€ -151,683 Profit after taxes 2022: € -151,683 ▼ € 185,868 vs 2021 (€ 34,185) Unfavourable step	▼ € 185,868
Equity	€ 27,120 Equity 2021: € 27,120 First fiscal year in the series	€ -130,186 Equity 2022: € -130,186 ▼ € 157,305 vs 2021 (€ 27,120) Unfavourable step	▼ € 157,305
Total debts	€ 192,006 Total debts 2021: € 192,006 First fiscal year in the series	€ 412,103 Total debts 2022: € 412,103 ▲ 115% vs 2021 (€ 192,006) Unfavourable step	▲ 115%
Cash	€ 887 Cash 2021: € 887 First fiscal year in the series	€ 23,486 Cash 2022: € 23,486 ▲ € 22,599 vs 2021 (€ 887) Favourable step	▲ € 22,599
Retained profit	€ 22,120 Retained profit 2021: € 22,120 First fiscal year in the series	€ -135,186 Retained profit 2022: € -135,186 ▼ € 157,305 vs 2021 (€ 22,120) Unfavourable step	▼ € 157,305
Dividend	€ 30,000 Dividend 2021: € 30,000 First fiscal year in the series	€ 0 Dividend 2022: € 0 ▼ 100% vs 2021 (€ 30,000) Unchanged	▼ 100%
Bank debt	€ 103,760 Bank debt 2021: € 103,760 First fiscal year in the series	€ 120,082 Bank debt 2022: € 120,082 ▲ 16% vs 2021 (€ 103,760) Unfavourable step	▲ 16%
Balance sheet total	€ 219,125 Balance sheet total 2021: € 219,125 First fiscal year in the series	€ 281,917 Balance sheet total 2022: € 281,917 ▲ 29% vs 2021 (€ 219,125) Unchanged	▲ 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.

Mar 1, 2024 New annual accounts for financial year 2022: loss of € 151,683 (▼ € 185,868 vs 2021). filed late Source: NBB ↗
Sep 26, 2019 New establishment in Grâce-Hollogne. KBO
Sep 26, 2019 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.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

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 →

DEWAEL TERRASSEMENTS

€ 2,165 gross margin · 2022

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

Algemene bouw van residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗