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Financial year 2025 · Closed on 31/12/2025

Net result154,3 k €+76,5 %over 1 year

Gross margin968,8 k €+6,3 %over 1 year

Equity326 k €-43,0 %over 1 year

Workforce20,0 ETP-0,5 %over 1 year

Identity

Source · BCE/KBO

FOLLOW-UP is a Private limited company incorporated in 1997. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Seraing. It employs on average 20,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0461.383.468
Incorporation: 04/09/1997
Legal form: Private limited company
Registered office: Rue Lemonnier 1
4100 Seraing · WallonieSee on map
Contributed capital: 25 837,37 €
Latest accounts: 31/12/2025
Average workforce: 20,0 ETP

Activities (NACE)

47792Retail sale of second-hand goods in stores· main 47792Retail sale of second-hand goods in stores 47793Retail sale of second-hand goods in stores 47793Retail sale of second-hand goods in stores 52502Warehousing and support activities for transportation 47792Retail sale of second-hand goods in stores+1

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	968,8 k €	+6.3%	911,2 k €	+11.8%	814,8 k €	+2.3%	796,3 k €	+31.1%	607,3 k €
EBITDA	255,6 k €	+30.1%	196,5 k €	+69.1%	116,2 k €	-9.7%	128,6 k €	+777%	14,7 k €
Operating result	217,7 k €	+54.0%	141,4 k €	+148%	57 k €	-19.0%	70,3 k €	+262%	-43,5 k €
Net result	154,3 k €	+76.5%	87,4 k €	+115%	40,7 k €	-37.9%	65,5 k €	+230%	-50,5 k €
Balance sheet
Equity	326 k €	-43.0%	571,8 k €	+18.0%	484,4 k €	+9.2%	443,7 k €	+17.3%	378,2 k €
Total assets	1,3 M €	+6.1%	1,2 M €	+3.5%	1,2 M €	+16.2%	1 M €	+3.6%	966 k €
Cash	128,5 k €	-20.3%	161,2 k €	-44.7%	291,8 k €	+27.5%	228,9 k €	+2.7%	222,9 k €
Debts	950,6 k €	+60.8%	591 k €	-8.2%	644 k €	+15.8%	556,2 k €	-5.1%	586,4 k €
Other
Workforce	20,0 ETP	-0.5%	20,1 ETP	-0.5%	20,2 ETP	+7.4%	18,8 ETP	-2.6%	19,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

UpcircleS

Director · since 23 mars 2023 · 0734.410.259

Represented by Kevin Kaeses

Active

Ended mandates

UpcircleS

Managing director · since 30 septembre 2019 · 0734.410.259

Represented by kevin Kaeses

Ended

ERIC FRANCKART

Manager

Ended

JEAN MARC LENOIR

Manager

Ended

JEAN-MARC LENOIR

Manager

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	17/06/2026	13/06/2025	10/06/2024	05/06/2023	09/06/2022	15/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	17/06/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	13/06/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	10/06/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	05/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	09/06/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	15/06/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	17/08/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	24/06/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	04/06/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	11/07/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	20/08/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	03/07/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	24/06/2013	French	PDF
Abridged modelCorrection	31/12/2011	01/06/2012	19/12/2012	French	PDF
Abridged model	31/12/2011	01/06/2012	06/06/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	17/06/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	28/06/2010	French	PDF
Abridged model	31/12/2008	22/06/2009	16/07/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	02/07/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	15/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

1 active · 4 ended

Active mandates

UpcircleS

Director · since 23 mars 2023 · 0734.410.259

Represented by Kevin Kaeses

Active

Ended mandates

UpcircleS

Managing director · since 30 septembre 2019 · 0734.410.259

Represented by kevin Kaeses

Ended

ERIC FRANCKART

Manager

Ended

JEAN MARC LENOIR

Manager

Ended

JEAN-MARC LENOIR

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office22/07/2021
SIEGE SOCIAL
PDF
Registered office03/03/2021
SIEGE SOCIAL
PDF
Mandates05/11/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares13/08/2019
CAPITAL, ACTIONS
PDF
Restructuring12/06/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring04/09/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

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

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Timeline

2025
Annual accounts 2025154,3 k €↑
2024
Annual accounts 202487,4 k €↑
2023
Annual accounts 202340,7 k €↓
2022
Annual accounts 202265,5 k €↑
2021
Annual accounts 2021-50,5 k €↓
2020
Annual accounts 202017,4 k €↓
2018
Annual accounts 201857,8 k €↑
2017
Annual accounts 201728,1 k €↓
2016
Annual accounts 2016114,4 k €↑
2015
Annual accounts 201521,7 k €↓
2014
Annual accounts 201433,1 k €↓
2013
Annual accounts 2013201,4 k €↓
2012
Annual accounts 2012288,8 k €↓
2011
Annual accounts 2011289,7 k €↑
2010
Annual accounts 2010128,3 k €↑
2009
Annual accounts 2009113,2 k €↑
2008
Annual accounts 200884,7 k €↑
2007
Annual accounts 200761,3 k €↑
2006
Annual accounts 200632,2 k €
04/09/1997
IncorporationPrivate limited company

FOLLOW-UP

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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