ACTIVE

UP 38

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Financial year 2024 · closed on 31/12/2024
Net result
46 k €
+31.1% YoY
Revenue
75,3 k €
+17.9% YoY
Equity
293 k €
+0.3% YoY

What does UP 38 do?

UP 38 is a Public limited company incorporated in 2011. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0833.845.751
Incorporation
15/02/2011
Legal form
Public limited company
Registered office
Voie Gisèle Halimi 10
4000 Liège · WallonieSee on map
Contributed capital
262 858,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242021202020192018201720152014
Income statement
Revenue75,3 k €63,9 k €63,5 k €63 k €61,7 k €60,5 k €58,3 k €60,3 k €
EBITDA59,4 k €49,3 k €47,2 k €58,5 k €57 k €56 k €54,2 k €55,7 k €
Operating result59,4 k €49,3 k €47,2 k €58,5 k €57 k €56 k €54,2 k €55,7 k €
Net result46 k €35,1 k €33,9 k €39,5 k €38 k €35,7 k €37,2 k €39,1 k €
Balance sheet
Equity293 k €292,2 k €292,1 k €290,3 k €292,8 k €316,2 k €279,1 k €276,6 k €
Total assets338,5 k €327,3 k €324,5 k €332,3 k €354,3 k €316,2 k €313,8 k €311,2 k €
Cash95 k €80,5 k €77,6 k €88,5 k €110,1 k €72,5 k €70,4 k €67,9 k €
Debts45,5 k €35 k €32,3 k €42 k €61,5 k €0 €34,7 k €34,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/03/202627/02/202521/03/202424/03/202315/03/202222/04/2021
General meeting04/03/202625/02/202523/02/202428/02/202308/03/202216/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/03/202626/03/2026FrenchPDF
Abridged model31/12/202425/02/202527/02/2025FrenchPDF
Abridged model31/12/202323/02/202421/03/2024FrenchPDF
Abridged model31/12/202228/02/202324/03/2023FrenchPDF
Abridged model31/12/202108/03/202215/03/2022FrenchPDF
Abridged model31/12/202016/03/202122/04/2021FrenchPDF
Full model31/12/201910/03/202014/04/2020FrenchPDF
Full model31/12/201818/03/201916/04/2019FrenchPDF
Full model31/12/201728/02/201820/03/2018FrenchPDF
Full model31/12/201613/03/201720/04/2017FrenchPDF
Full model31/12/201509/03/201605/04/2016FrenchPDF
Full model31/12/201412/03/201507/04/2015FrenchPDF
Full model31/12/201318/03/201408/04/2014FrenchPDF
Full model31/12/201201/03/201327/03/2013FrenchPDF
Full model31/12/201115/03/201207/05/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/04/2025
    SIEGE SOCIAL
    PDF
  • Mandates16/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/08/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/11/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/05/2018
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202446 k €↑
  2. 2021
    Annual accounts 202135,1 k €↑
  3. 2020
    Annual accounts 202033,9 k €↓
  4. 2019
    Annual accounts 201939,5 k €↑
  5. 2018
    Annual accounts 201838 k €↑
  6. 2017
    Annual accounts 201735,7 k €↓
  7. 2015
    Annual accounts 201537,2 k €↓
  8. 2014
    Annual accounts 201439,1 k €
  9. 15/02/2011
    IncorporationPublic limited company