ACTIVE

Growing-UP

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Financial year 2025 · Closed on 31/08/2025

Net result1,1 M €+37,2 %over 1 year

Gross margin1,1 k €-77,5 %over 1 year

Equity33,1 M €+2,4 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2019
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 €
EBITDA	-564 €	-120%	2,8 k €	-71.3%	9,6 k €	-90.5%	101,6 k €	-51.7%	210,4 k €
Operating result	-564 €	-120%	2,8 k €	-71.3%	9,6 k €	-90.5%	101,6 k €	-51.7%	210,4 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 €
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 €
Total assets	48 M €	+42.7%	33,7 M €	+5.8%	31,8 M €	+4.6%	30,4 M €	-74.9%	120,9 M €
Cash	21,4 k €	-95.1%	434,1 k €	-11.1%	488,5 k €	-68.5%	1,5 M €	-77.0%	6,7 M €
Debts	14,9 M €	+1029%	1,3 M €	+1216%	100,4 k €	-51.1%	205,5 k €	-99.7%	61,3 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/08/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nele Van Damme	Managing directorsince 11/01/2023Director07/12/2020 → 2021 accountsended
Koenraad Belsack	Managing directorsince 06/06/2018Director07/12/2020 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nelstein0636.810.047Represented by Nele Van Damme	Managing director06/06/2018 → 07/12/2020
UPscale0544.749.822Represented by Koenraad Belsack	Managing directorlisted until the 2017 accounts
FEGEPRO0448.815.238Represented by Nele Van Damme	Director30/06/2012 → 2014 accounts

Other companies at this address

Amelia Earhartlaan 2 9051 Gent

Company	CBE no.
100● Active	0743.478.472
101● Active	0743.479.561
102● Active	0743.480.353
10 Upkot● Active	0423.791.614
85● Active	0819.492.820
93● Active	0711.912.197
94● Active	0724.877.238
97● Active	0737.858.214
98● Active	0737.863.657
99● Active	0743.475.207
Andreas BidCo● Active	1016.654.327
ARE P0108● Active	0793.510.676
ART UPKOT● Active	0891.055.460
BACKSTAGE²UPKOT● Active	0454.973.748
BAUDELO UPKOT● Active	0545.801.677
BIOTECH ENGINEERING● Active	0460.320.725
BRO Upkot● Active	0662.477.930
Buzz Upkot● Active	0729.978.151
Campus Upkot● Active	0680.956.727
Constelaris● Active	1019.186.027

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

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

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.

Board of directors

Source · NBB, accounts to 31/08/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nele Van Damme	Managing directorsince 11/01/2023Director07/12/2020 → 2021 accountsended
Koenraad Belsack	Managing directorsince 06/06/2018Director07/12/2020 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nelstein0636.810.047Represented by Nele Van Damme	Managing director06/06/2018 → 07/12/2020
UPscale0544.749.822Represented by Koenraad Belsack	Managing directorlisted until the 2017 accounts
FEGEPRO0448.815.238Represented by Nele Van Damme	Director30/06/2012 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Nele Van Damme

Koenraad Belsack

Nelstein

UPscale

FEGEPRO

Flanders Estate Group

Tom VERDEGEM

Ria VERSTUYFT

Paul VERDEGEM

Anita DE SCHEPPER

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Growing-UP

Amelia Earhartlaan 2 bte 201, 9051 Sint-Denijs-WestremBurggravenlaan 31/301, 9000 Gent

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Amelia Earhartlaan 2 bte 201, 9051 Sint-Denijs-WestremCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00054762
Burggravenlaan 31/301, 9000 Gent	accounts 2022 → 2023	Accounts 2023 · 2024-00033015

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Growing-UPCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00054762

Events

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

Growing-UP

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