ACTIVE

Growing-UP

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Financial year 2025 · closed on 31/08/2025

Net result

1,1 M €

+37.2% YoY

Gross margin

1,1 k €

-77.5% YoY

Equity

33,1 M €

+2.4% YoY

Workforce

0,0 ETP

What does Growing-UP do?

Growing-UP is a Private limited company incorporated in 1999. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.421.332

Incorporation

02/07/1999

Legal form

Private limited company

Registered office

Amelia Earhartlaan 2 box 201
9051 Gent · FlandreSee on map

Contributed capital

15 559 063,38 €

Latest accounts

31/08/2025

Average workforce

0,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 k €	-77.5%	4,8 k €	-53.0%	10,1 k €	-90.2%	103,6 k €	-51.0%	211,5 k €	-50.1%	423,6 k €	+21.7%	348,1 k €	+35204%	-991,5 €	+65.4%	-2,9 k €	-100%	867,2 k €	+9279%	9,2 k €	-35.3%	14,3 k €	-79.8%	70,9 k €	+9.9%	64,6 k €	-11.9%	73,3 k €	-16.0%	87,3 k €	-4.2%	91,2 k €	+27.6%	71,4 k €
EBITDA	-564 €	-120%	2,8 k €	-71.3%	9,6 k €	-90.5%	101,6 k €	-51.7%	210,4 k €	-50.2%	422,5 k €	+21.7%	347,1 k €	+17589%	-2 k €	+48.6%	-3,9 k €	-100%	848,5 k €	+30851%	2,7 k €	-61.1%	7 k €	-76.4%	29,8 k €	-3.6%	31 k €	-19.3%	38,4 k €	-29.8%	54,6 k €	-1.8%	55,6 k €	+44.5%	38,5 k €
Operating result	-564 €	-120%	2,8 k €	-71.3%	9,6 k €	-90.5%	101,6 k €	-51.7%	210,4 k €	-50.2%	422,5 k €	+21.7%	347,1 k €	+17589%	-2 k €	+48.6%	-3,9 k €	-100%	848,5 k €	+1878%	-47,7 k €	-9.3%	-43,7 k €	-68.5%	-25,9 k €	-1.0%	-25,7 k €	-442%	7,5 k €	-62.4%	19,9 k €	-5.1%	21 k €	+480%	3,6 k €
Net result	1,1 M €	+37.2%	777,5 k €	-51.5%	1,6 M €	-52.5%	3,4 M €	-13.8%	3,9 M €	-85.1%	26,3 M €	+231%	7,9 M €	+42.3%	5,6 M €	+2609%	-222,1 k €	-138%	579,6 k €	+926%	-70,1 k €	-40.8%	-49,8 k €	-65.6%	-30,1 k €	+25.0%	-40,1 k €	-218%	-12,6 k €	-1176%	1,2 k €	-11.0%	1,3 k €	+108%	-16,8 k €
Balance sheet
Equity	33,1 M €	+2.4%	32,3 M €	+2.0%	31,7 M €	+5.0%	30,2 M €	-49.4%	59,7 M €	+7.0%	55,7 M €	+286%	14,5 M €	+121%	6,5 M €	+582%	957,4 k €	-18.8%	1,2 M €	+14.5%	1 M €	-6.4%	1,1 M €	-4.3%	1,1 M €	+68.4%	682,9 k €	+1391%	-52,9 k €	-31.4%	-40,3 k €	+2.8%	-41,4 k €	+3.1%	-42,8 k €
Total assets	48 M €	+42.7%	33,7 M €	+5.8%	31,8 M €	+4.6%	30,4 M €	-74.9%	120,9 M €	+14.4%	105,7 M €	+18.9%	88,9 M €	+230%	26,9 M €	+101%	13,4 M €	+748%	1,6 M €	+17.6%	1,3 M €	-3.4%	1,4 M €	-5.8%	1,5 M €	+40.3%	1,1 M €	+232%	317 k €	-15.1%	373,3 k €	-4.6%	391,1 k €	-3.7%	406,1 k €
Cash	21,4 k €	-95.1%	434,1 k €	-11.1%	488,5 k €	-68.5%	1,5 M €	-77.0%	6,7 M €	+53.1%	4,4 M €	+37.0%	3,2 M €	+1081%	271,7 k €	-47.1%	513,9 k €	+1863%	26,2 k €	+1939%	1,3 k €	-92.6%	17,3 k €	+362%	3,7 k €	-24.5%	5 k €	-1.3%	5 k €	-13.4%	5,8 k €	+70.8%	3,4 k €	-61.6%	8,9 k €
Debts	14,9 M €	+1029%	1,3 M €	+1216%	100,4 k €	-51.1%	205,5 k €	-99.7%	61,3 M €	+22.7%	49,9 M €	-32.9%	74,4 M €	+265%	20,4 M €	+65.7%	12,3 M €	+11657%	104,5 k €	-66.8%	315,1 k €	+7.5%	293 k €	-10.0%	325,6 k €	-11.4%	367,7 k €	+0.2%	367 k €	-10.7%	410,8 k €	-4.4%	429,8 k €	-3.7%	446,3 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	0.0%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 36 ended

Active mandates

Nele Van Damme

Managing director · since 11 janvier 2023

Active

Koenraad Belsack

Managing director · since 07 décembre 2020

Active

Ended mandates

Koenraad Belsack

Director · since 07 décembre 2020

Ended

Nele Van Damme

Director · since 07 décembre 2020

Ended

Koenraad Belsack

Managing director · since 06 juin 2018 · until 07 décembre 2020

Ended

Koenraad Belsack

Managing director · since 06 juin 2018

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/09/2024	01/09/2023	01/09/2022	01/09/2021	01/01/2020	01/01/2019
Closing of the financial year	31/08/2025	31/08/2024	31/08/2023	31/08/2022	31/08/2021	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	20 months	12 months
Filing date	16/03/2026	17/02/2025	22/02/2024	14/03/2023	28/02/2022	25/08/2020
General meeting	14/02/2026	08/02/2025	10/02/2024	11/02/2023	12/02/2022	19/08/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/08/2025	14/02/2026	16/03/2026	Dutch	PDF
Abridged model	31/08/2024	08/02/2025	17/02/2025	Dutch	PDF
Abridged model	31/08/2023	10/02/2024	22/02/2024	Dutch	PDF
Abridged model	31/08/2022	11/02/2023	14/03/2023	Dutch	PDF
Abridged model	31/08/2021	12/02/2022	28/02/2022	Dutch	PDF
Abridged model	31/12/2019	19/08/2020	25/08/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	26/08/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	27/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/08/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	12/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	29/08/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/08/2007	Dutch	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 36 ended

Active mandates

Nele Van Damme

Managing director · since 11 janvier 2023

Active

Koenraad Belsack

Managing director · since 07 décembre 2020

Active

Ended mandates

Koenraad Belsack

Director · since 07 décembre 2020

Ended

Nele Van Damme

Director · since 07 décembre 2020

Ended

Koenraad Belsack

Managing director · since 06 juin 2018 · until 07 décembre 2020

Ended

Koenraad Belsack

Managing director · since 06 juin 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office30/04/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2021
WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares10/09/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/08/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other28/02/2014
BENAMING
PDF
Mandates21/08/2012
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,1 M €↑
2024
Annual accounts 2024777,5 k €↓
2023
Annual accounts 20231,6 M €↓
11/01/2023
nominationNele Van Damme — gedelegeerd bestuurder
11/01/2023
nominationKoenraad Belsack — gedelegeerd bestuurder
2022
Annual accounts 20223,4 M €↓
2019
Annual accounts 20193,9 M €↓
2018
Annual accounts 201826,3 M €↑
2017
Annual accounts 20177,9 M €↑
2016
Annual accounts 20165,6 M €↑
2015
Annual accounts 2015-222,1 k €↓
2014
Annual accounts 2014579,6 k €↑
2013
Annual accounts 2013-70,1 k €↓
2012
Annual accounts 2012-49,8 k €↓
2011
Annual accounts 2011-30,1 k €↑
2010
Annual accounts 2010-40,1 k €↓
2009
Annual accounts 2009-12,6 k €↓
2008
Annual accounts 20081,2 k €↓
2007
Annual accounts 20071,3 k €↑
2006
Annual accounts 2006-16,8 k €
02/07/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Growing-UP

Overview

What does Growing-UP do?

Trend over 18 financial years

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