FullUp 1A

Equity Belgium 72 investors Tax Shelter applicable

Tax Shelter

The use of IoT to reduce distribution cost for stockable energy sources
Pre money valuation
Equity offered
Amount raised
Committed by co-investors
0 days
Minimum target
137% funded
This campaign has been closed

Historical accounts

Fullup finished it's R&D and industrialisation phase late 2018 and it know ready to take the product to the market. Early revenues account for 156.000€ until 12/2018 and 40.000€ for the two first months of 2019 in its commercial launch.
Investments are slowing down and marketing costs are increasing.

Download 2018-74400283 (2).pdf

Financial plan

Download Spreds_public.xlsx

Revenue drivers


Fullup is still taking a margin on the hardware sale.

Fullup sells the hardware as a service and is taking a monthly fee on the use of its device and the software attached. The lifetime of the customer is expected to be 5 years with a 5% churn rate.

Download croissance revenur de licence.png

Cost drivers

Staffing is the most important.
Stock is financed through debt, and we have short production delays to guarantee us a minimum stock.


This business qualifies for the startup tax shelter. If you meet the conditions, 45% of your investment will be reducted from your personal income taxes. Read more…