ACTIVE

TC UPGRADE

Financial year 2025 · Closed on 31/12/2025

Net result785,2 k €+306,6 %over 1 year
Gross margin5,6 k €+144,5 %over 1 year
Equity932 k €+0,0 %over 1 year

Identity

Source · BCE/KBO

TC UPGRADE is a Public limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.413.443
Incorporation
25/03/1994
Legal form
Public limited company
Registered office
Coupure 55
9000 Gent · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin5,6 k €2,3 k €10,8 k €22,4 k €7,2 k €
EBITDA4,3 k €919 €9,6 k €21,3 k €6,1 k €
Operating result4,3 k €919 €9,6 k €21,3 k €6,1 k €
Net result785,2 k €193,1 k €118,8 k €100 k €105,1 k €
Balance sheet
Equity932 k €931,8 k €938,7 k €939,9 k €940 k €
Total assets1,2 M €1,2 M €1,1 M €1,1 M €1,1 M €
Cash268,1 k €106,2 k €116,4 k €90,8 k €52,1 k €
Debts295,9 k €262,3 k €178,2 k €167,8 k €113,4 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
E.V.A. CONSULTING0634.696.734Represented by Sébastien Cools
Managing director27/07/2015 → 27/06/2031
EFICAZ0888.610.070Represented by Ludy Modderie
Managing director13/07/2018 → 27/06/2031
L.P.C.0473.133.336Represented by Leopold Cools
Director13/07/2018 → 27/06/2031
VERSAVEL CONSULTING0841.049.485Represented by Philippe Versavel
Director13/07/2018 → 27/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CAD Architecten en Planners0811.197.835Represented by Sébastien Cools
Managing director29/01/2016 → 2018 accounts
Economic Value Added, in het kort EVA0463.321.587Represented by Leopold Cools LPC BVBA
Managing director24/08/2012 → 2013 accounts

Other companies at this address

Coupure 55 9000 Gent
CompanyCBE no.
AB-INFRA● Active
0873.543.396
0811.822.197
0473.623.284
0444.463.304
Cadco● Active
0426.096.947
ECO SUPPORT● Active
0457.008.471
0634.696.734
0634.698.120
0634.697.526
E.V.A. VASTGOED● Active
0634.698.714
FTC● Active
0702.974.440
0449.171.069
Infra.Care● Active
0444.464.490
0421.789.751
L.P.C.● Active
0473.133.336
0780.703.510
0772.990.030
NewBA● Active
1024.724.133
0647.763.624
STEP BY STEP● Active
0459.494.542

Full financial information

Source · NBB
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 date16/10/202610/07/202511/07/202427/07/202309/07/202210/07/2021
General meeting14/10/202627/06/202528/06/202423/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/10/202616/10/2026DutchPDF
Abridged model31/12/202427/06/202510/07/2025DutchPDF
Abridged model31/12/202328/06/202411/07/2024DutchPDF
Abridged model31/12/202223/06/202327/07/2023DutchPDF
Abridged model31/12/202124/06/202209/07/2022DutchPDF
Abridged model31/12/202025/06/202110/07/2021DutchPDF
Abridged model31/12/201926/06/202025/07/2020DutchPDF
Abridged model31/12/201828/06/201912/07/2019DutchPDF
Abridged model31/12/201722/06/201828/06/2018DutchPDF
Abridged model31/03/201725/08/201726/09/2017DutchPDF
Abridged model31/03/201626/08/201606/10/2016DutchPDF
Abridged model31/03/201528/08/201522/09/2015DutchPDF
Abridged model31/03/201422/08/201408/09/2014DutchPDF
Abridged model31/03/201327/09/201323/10/2013DutchPDF
Abridged model31/03/201224/08/201216/10/2012DutchPDF
Abridged model31/03/201126/08/201131/10/2011DutchPDF
Abridged model31/03/201027/08/201004/11/2010DutchPDF
Abridged model31/03/200928/08/200928/10/2009DutchPDF
Abridged model31/03/200829/09/200824/10/2008DutchPDF
Abridged model31/03/200728/09/200724/10/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
E.V.A. CONSULTING0634.696.734Represented by Sébastien Cools
Managing director27/07/2015 → 27/06/2031
EFICAZ0888.610.070Represented by Ludy Modderie
Managing director13/07/2018 → 27/06/2031
L.P.C.0473.133.336Represented by Leopold Cools
Director13/07/2018 → 27/06/2031
VERSAVEL CONSULTING0841.049.485Represented by Philippe Versavel
Director13/07/2018 → 27/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CAD Architecten en Planners0811.197.835Represented by Sébastien Cools
Managing director29/01/2016 → 2018 accounts
Economic Value Added, in het kort EVA0463.321.587Represented by Leopold Cools LPC BVBA
Managing director24/08/2012 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/07/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares11/01/2018
    DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/02/2016
    ontslag en benoeming van (gedelegeerd) bestuurder
    PDF
  • Mandates07/01/2016
    herbenoeming bestuurder - benoeming gedelegeerd bestuurder
    PDF
  • Mandates22/09/2015
    wijziging zetel - benoeming bestuurder, voorzitter raad van bestuur en
    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
L.P.C.
E.V.A. CONSULTING
VERSAVEL CONSULTING
EFICAZ
CAD Architecten en Planners
Economic Value Added, in het kort EVA
Sébastien Cools
19941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
TC UPGRADE
Coupure 55, 9000 Gent
Director
Managing director
Director
Managing director
Managing director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Coupure 55, 9000 GentCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00561138

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
TC UPGRADECurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00561138

Events

  1. 2025
    Annual accounts 2025785,2 k €↑
  2. 2024
    Annual accounts 2024193,1 k €↑
  3. 2023
    Annual accounts 2023118,8 k €↑
  4. 2022
    Annual accounts 2022100 k €↓
  5. 2021
    Annual accounts 2021105,1 k €↑
  6. 2020
    Annual accounts 202065,5 k €↓
  7. 2019
    Annual accounts 2019120,9 k €↓
  8. 2018
    Annual accounts 2018313,7 k €↑
  9. 2017
    Annual accounts 2017-10,5 k €↓
  10. 2017
    Annual accounts 2017412,4 €↓
  11. 2016
    Annual accounts 201613 k €↓
  12. 2015
    Annual accounts 2015102,6 k €↓
  13. 2014
    Annual accounts 2014104,7 k €↓
  14. 2013
    Annual accounts 2013302,2 k €↑
  15. 2012
    Annual accounts 201242,3 k €↑
  16. 2011
    Annual accounts 201130,7 k €↓
  17. 2010
    Annual accounts 201097,9 k €↑
  18. 2009
    Annual accounts 2009-6,7 k €↓
  19. 2008
    Annual accounts 200841 k €↓
  20. 2007
    Annual accounts 200742,3 k €
  21. 25/03/1994
    IncorporationPublic limited company