ACTIVE

UpFresh

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Financial year 2025 · Closed on 31/12/2025

Net result552,9 k €+568,0 %over 1 year

Revenue138,6 M €+21,9 %over 1 year

Equity9 M €+6,5 %over 1 year

Workforce109,9 ETP-8,3 %over 1 year

Identity

Source · BCE/KBO

UpFresh is a Public limited company incorporated in 1968. Its main activity is: Wholesale of meat and meat products. Its registered office is in Oostende. It employs on average 109,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.252.241
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Zandvoordestraat 370
8400 Oostende · FlandreSee on map
Contributed capital: 63 666,82 €
Latest accounts: 31/12/2025
Average workforce: 109,9 ETP

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 51321Air transport 46349Wholesale of beverages 46349Wholesale of beverages 46392Non-specialised wholesale of food, beverages and tobacco+1

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	138,6 M €	+21.9%	113,7 M €	+0.2%	113,4 M €	-1.4%	115,1 M €	+0.6%	114,4 M €
EBITDA	2,6 M €	+107%	1,3 M €	-1.6%	1,3 M €	-27.7%	1,8 M €	-62.6%	4,7 M €
Operating result	1,1 M €	+651%	148,4 k €	+276%	39,5 k €	-92.7%	541 k €	-86.1%	3,9 M €
Net result	552,9 k €	+568%	-118,1 k €	-136%	-50 k €	-148%	105,1 k €	-96.3%	2,9 M €
Balance sheet
Equity	9 M €	+6.5%	8,5 M €	-1.4%	8,6 M €	-0.6%	8,6 M €	+1.2%	8,5 M €
Total assets	34,7 M €	+11.2%	31,2 M €	+17.9%	26,5 M €	-0.3%	26,6 M €	-15.6%	31,5 M €
Cash	5,6 M €	-11.4%	6,3 M €	+48.4%	4,2 M €	+14.2%	3,7 M €	-33.8%	5,6 M €
Debts	25,4 M €	+14.0%	22,3 M €	+30.0%	17,1 M €	-4.4%	17,9 M €	-21.8%	22,9 M €
Other
Workforce	109,9 ETP	-8.3%	119,8 ETP	-2.0%	122,2 ETP	+4.9%	116,5 ETP	+10.0%	105,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT FAMILY0799.844.677Represented by Kurt DEPUYDT	Director22/11/2023 → 21/11/2029
DEROOSE PROJECTS0880.450.291Represented by Dirk Deroose	Director22/11/2023 → 21/11/2029
ESSENSYS0480.687.953Represented by Dirk Van Lerberghe	Director22/11/2023 → 21/11/2026
Veerle Naessens	Director22/11/2023 → 21/11/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT K.0889.086.162Represented by Kurt Depuydt	Managing director21/04/2023 → 22/11/2023Director03/06/2022 → 22/11/2023
YVENSA0822.226.933Represented by Yves Depuydt	Managing director21/04/2023 → 22/11/2023Director03/06/2022 → 22/11/2023

Other companies at this address

Zandvoordestraat 370 8400 Oostende

Company	CBE no.
DEPUYDT FAMILY● Active	0799.844.677
Up● Active	0778.293.752
UpLog● Active	0644.488.388
UpREstate● Active	0705.846.036

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	27/06/2025	02/07/2024	31/07/2023	08/07/2022	26/07/2021
General meeting	22/06/2026	23/06/2025	28/06/2024	30/06/2023	30/06/2022	21/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/06/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	23/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Full model	31/12/2020	21/06/2021	26/07/2021	Dutch	PDF
Full model	31/12/2019	18/06/2020	28/07/2020	Dutch	PDF
Full model	31/12/2018	06/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	30/05/2018	31/05/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	01/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	07/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	22/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	10/06/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	05/06/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	07/06/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	10/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	10/06/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	16/06/2008	Dutch	PDF
Full model	31/12/2006	06/06/2007	13/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT FAMILY0799.844.677Represented by Kurt DEPUYDT	Director22/11/2023 → 21/11/2029
DEROOSE PROJECTS0880.450.291Represented by Dirk Deroose	Director22/11/2023 → 21/11/2029
ESSENSYS0480.687.953Represented by Dirk Van Lerberghe	Director22/11/2023 → 21/11/2026
Veerle Naessens	Director22/11/2023 → 21/11/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT K.0889.086.162Represented by Kurt Depuydt	Managing director21/04/2023 → 22/11/2023Director03/06/2022 → 22/11/2023
YVENSA0822.226.933Represented by Yves Depuydt	Managing director21/04/2023 → 22/11/2023Director03/06/2022 → 22/11/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/09/2026
Benoemingen
PDF
Other27/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring25/01/2022
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/10/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

ESSENSYS

DEPUYDT FAMILY

DEROOSE PROJECTS

Veerle Naessens

YVENSA

DEPUYDT K.

UpCo

DUFRAIS

Xavier ETIENNE

GROUPE DETRY FRERES

Kurt DEPUYDT

Yves DEPUYDT

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

UpFreshVleeswaren Depuydt

Zandvoordestraat 370, 8400 Oostende

Director

Managing directorDirector

DirectorManaging director

Director

Chairman of the board of directorsDirector

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zandvoordestraat 370, 8400 OostendeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00302301

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
UpFreshCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00302301
Vleeswaren Depuydt	accounts 2006 → 2020	Accounts 2020 · 2021-41400393

Events

2025
Annual accounts 2025552,9 k €↑
2024
Annual accounts 2024-118,1 k €↓
2023
Annual accounts 2023-50 k €↓
2022
Annual accounts 2022105,1 k €↓
2021
Annual accounts 20212,9 M €↑
2021
Name changeUpFresh
2020
Annual accounts 20201,5 M €↑
2019
Annual accounts 2019399,5 k €↑
2018
Annual accounts 2018399,2 k €↑
2017
Annual accounts 2017372,3 k €↓
2016
Annual accounts 2016710,9 k €↓
2015
Annual accounts 20151,1 M €↑
2014
Annual accounts 2014801,4 k €↓
2013
Annual accounts 2013843,9 k €↑
2012
Annual accounts 2012579,5 k €↑
2011
Annual accounts 2011447 k €↓
2010
Annual accounts 2010527,1 k €↑
2009
Annual accounts 2009470,9 k €↓
2008
Annual accounts 2008643,4 k €↑
2007
Annual accounts 2007604,5 k €↑
2006
Annual accounts 2006598,9 k €
01/01/1968
IncorporationPublic limited company

UpFresh

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events