U-PGRADE
0451.666.840 · rovalta.com · 21/09/2026
ACTIVE
U-PGRADE
Financial year 2025 · closed on 31/12/2025
Net result
-347,3 k €
-1.1% YoY
Gross margin
1,1 M €
+25.2% YoY
Equity
5,8 M €
-11.4% YoY
Overview
What does U-PGRADE do?
U-PGRADE is a Public limited company incorporated in 1993. Its main activity is: Buying and selling of own real estate. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.666.840
Incorporation
09/12/1993
Legal form
Public limited company
Registered office
Bosmanslei 26
2018 Antwerpen · FlandreSee on map
2018 Antwerpen · FlandreSee on map
Contributed capital
4 660 022,01 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1,1 M € | +25.2% | 853,1 k € | +42.7% | 597,7 k € | +10.7% | 540,2 k € | -17.5% | 655 k € | -17.7% | 796 k € | +32.2% | 601,9 k € | -20.0% | 752,6 k € | +143% | 309,3 k € | -7.2% | 333,5 k € | +22.0% | 273,3 k € | +30.0% | 210,2 k € | +83.6% | 114,5 k € | +11.8% | 102,4 k € | -20.9% | 129,5 k € | -12.6% | 148,1 k € | -3.3% | 153,1 k € | +3.7% | 147,6 k € | +3.6% | 142,5 k € | +0.0% | 142,5 k € |
| EBITDA | 759,5 k € | +0.6% | 754,7 k € | +158% | 292,5 k € | -5.6% | 309,7 k € | -23.4% | 404,3 k € | -43.6% | 716,3 k € | +37.1% | 522,3 k € | -21.0% | 661 k € | +187% | 230,2 k € | -12.9% | 264,3 k € | +27.1% | 208 k € | +20.3% | 172,9 k € | +76.7% | 97,8 k € | +10.4% | 88,6 k € | -23.7% | 116,2 k € | -14.0% | 135,1 k € | -3.4% | 139,9 k € | +3.5% | 135,1 k € | +3.8% | 130,1 k € | -1.6% | 132,2 k € |
| Operating result | 306,9 k € | -13.0% | 352,8 k € | +490% | -90,5 k € | -16.7% | -77,6 k € | -555% | 17,1 k € | -94.8% | 329,2 k € | +21.9% | 270 k € | -33.9% | 408,4 k € | +1928% | -22,3 k € | -130% | 75,3 k € | +12.4% | 67 k € | +110% | 31,9 k € | +791% | -4,6 k € | -115% | 29,9 k € | -49.4% | 59,1 k € | -24.6% | 78,4 k € | -6.3% | 83,7 k € | +6.0% | 78,9 k € | +6.8% | 73,9 k € | -2.7% | 76 k € |
| Net result | -347,3 k € | -1.1% | -343,6 k € | +43.2% | -605,2 k € | -89.5% | -319,4 k € | -75.0% | -182,5 k € | -391% | 62,7 k € | +207% | -58,4 k € | -143% | 136,9 k € | +148% | -287,3 k € | -135% | -122,1 k € | -96.0% | -62,3 k € | +37.4% | -99,5 k € | -129% | -43,5 k € | -267% | 26,1 k € | -50.9% | 53,1 k € | -25.2% | 71 k € | -1.1% | 71,8 k € | +17.3% | 61,2 k € | +20.1% | 51 k € | +6.9% | 47,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 5,8 M € | -11.4% | 6,5 M € | -5.0% | 6,9 M € | -8.1% | 7,5 M € | +24.2% | 6 M € | -2.9% | 6,2 M € | +49.6% | 4,2 M € | -1.4% | 4,2 M € | +3.4% | 4,1 M € | -6.6% | 4,4 M € | +498% | 730,3 k € | -7.9% | 792,6 k € | -11.1% | 892,1 k € | -4.7% | 935,6 k € | +2.9% | 909,4 k € | +6.2% | 856,3 k € | +4.8% | 817,3 k € | +9.6% | 745,5 k € | +4.6% | 712,6 k € | +7.7% | 661,7 k € |
| Total assets | 26,2 M € | +2.5% | 25,6 M € | +17.7% | 21,7 M € | +17.7% | 18,4 M € | +5.5% | 17,5 M € | +3.2% | 16,9 M € | -1.6% | 17,2 M € | -4.7% | 18,1 M € | +0.6% | 18 M € | +12.6% | 16 M € | +32.5% | 12 M € | +57.0% | 7,7 M € | +69.8% | 4,5 M € | +341% | 1 M € | -1.7% | 1 M € | -4.4% | 1,1 M € | -1.8% | 1,1 M € | -3.9% | 1,2 M € | -3.0% | 1,2 M € | -2.8% | 1,2 M € |
| Cash | 55,9 k € | +25.9% | 44,4 k € | +1189% | 3,4 k € | -96.2% | 90,8 k € | +51.2% | 60,1 k € | -63.1% | 162,9 k € | +858% | 17 k € | -82.7% | 98,1 k € | +483% | 16,8 k € | +300% | 4,2 k € | – | 44,6 k € | -12.4% | 50,9 k € | -35.3% | 78,7 k € | +32.8% | 59,3 k € | -18.9% | 73 k € | +227% | 22,3 k € | -11.8% | 25,3 k € | +59.0% | 15,9 k € | +125% | 7,1 k € | ||
| Debts | 20,3 M € | +6.9% | 19 M € | +28.2% | 14,8 M € | +35.5% | 10,9 M € | -4.4% | 11,4 M € | +6.8% | 10,7 M € | -17.9% | 13,1 M € | -5.7% | 13,8 M € | -0.2% | 13,9 M € | +19.9% | 11,6 M € | +2.5% | 11,3 M € | +64.0% | 6,9 M € | +89.8% | 3,6 M € | +4357% | 81,4 k € | -35.0% | 125,1 k € | -45.1% | 228 k € | -21.4% | 290,1 k € | -28.3% | 404,8 k € | -14.1% | 471,3 k € | -15.4% | 557,4 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | 0,8 ETP | 0.0% | 0,8 ETP | – | – | – | – | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | – | – | – | – | – | |||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 12 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BCF INDUSTRIAL● Active | 1037.226.344 |
DC INVEST BELGIUM● Active | 1024.521.126 |
DNE Homes● Active | 0684.646.487 |
EDGICA● Active | 0474.484.309 |
EDGICA BEHEER● Active | 0478.654.022 |
FRIGAST● Active | 0438.724.961 |
GRIMBERGEN LAND DEVELOPMENT● Active | 1031.898.173 |
IMMO BLARENBERG● Active | 0844.740.633 |
KONTICH REAL ESTATE● Active | 0407.942.903 |
LAMMEKEN● Active | 0427.534.230 |
MALINAS PROJECT● Active | 0556.769.310 |
RESOLVE● Active | 0844.784.579 |
RESOLVE DEVELOPMENT● Active | 0745.680.174 |
Stichting Caroline● Active | 0872.258.444 |
Treft● Active | 0418.513.428 |
VAKE● Liquidation | 0871.299.926 |
Vandenbroeck Logistics● Active | 0882.572.118 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Abridged model | Abridged model | Abridged 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 | 28/08/2026 | 31/08/2025 | 28/10/2024 | 30/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 15/05/2026 | 10/05/2025 | 17/05/2024 | 19/05/2023 | 20/05/2022 | 21/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/05/2026 | 28/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 10/05/2025 | 31/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 17/05/2024 | 28/10/2024 | Dutch | |
| Abridged model | 31/12/2022 | 19/05/2023 | 30/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 20/05/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/05/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 31/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 30/06/2019 | 29/10/2019 | Dutch | |
| Micro model | 31/12/2017 | 30/06/2018 | 30/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 01/09/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 28/10/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/05/2013 | 31/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/05/2012 | 27/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/05/2011 | 28/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/05/2010 | 30/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/05/2009 | 09/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/05/2008 | 10/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 07/06/2007 | 02/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 12 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Capital / shares09/09/2026KAPITAAL, AANDELEN
- Mandates06/05/2026ONTSLAGEN - BENOEMINGEN
- Capital / shares12/10/2022KAPITAAL - AANDELEN
- Capital / shares10/11/2020KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates07/04/2020MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates04/02/2019ONTSLAGEN - BENOEMINGEN
- Registered office28/10/2014MAATSCHAPPELIJKE ZETEL
- Registered office06/09/2012STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-347,3 k €↓
- 2024Annual accounts 2024-343,6 k €↑
- 2023Annual accounts 2023-605,2 k €↓
- 2022Annual accounts 2022-319,4 k €↓
- 2021Annual accounts 2021-182,5 k €↓
- 2020Annual accounts 202062,7 k €↑
- 2019Annual accounts 2019-58,4 k €↓
- 2018Annual accounts 2018136,9 k €↑
- 2017Annual accounts 2017-287,3 k €↓
- 2016Annual accounts 2016-122,1 k €↓
- 2015Annual accounts 2015-62,3 k €↑
- 2014Annual accounts 2014-99,5 k €↓
- 2013Annual accounts 2013-43,5 k €↓
- 2012Annual accounts 201226,1 k €↓
- 2011Annual accounts 201153,1 k €↓
- 2010Annual accounts 201071 k €↓
- 2009Annual accounts 200971,8 k €↑
- 2008Annual accounts 200861,2 k €↑
- 2007Annual accounts 200751 k €↑
- 2006Annual accounts 200647,7 k €
- 09/12/1993IncorporationPublic limited company