UPFRONT
0480.116.544 · rovalta.com · 22/09/2026
NORMAL SITUATION
UPFRONT
Financial year 2025 · closed on 31/03/2025
Net result
273,4 k €
-19.8% YoY
Revenue
24 M €
-7.3% YoY
Equity
6,2 M €
+4.6% YoY
Workforce
14,7 ETP
0.0% YoY
Company — Normal situation.
Overview
What does UPFRONT do?
UPFRONT is a company registered in Belgium. It employs on average 14,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0480.116.544
Legal form
Private limited company
Contributed capital
20 000,00 €
Latest accounts
31/03/2025
Average workforce
14,7 ETP
Joint committees (1)
- 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Revenue | 24 M € | -7.3% | 25,9 M € | -16.6% | 31,1 M € | +19.1% | 26,1 M € | +8.4% | 24,1 M € | +9.0% | 22,1 M € | +37.4% | 16,1 M € | +7.0% | 15 M € | +31.2% | 11,5 M € | -1.1% | 11,6 M € | +15.4% | 10 M € | +25.3% | 8 M € | +20.9% | 6,6 M € | +40.4% | 4,7 M € | +13.6% | 4,2 M € | – | – | ||
| EBITDA | 302,6 k € | -19.4% | 375,5 k € | +1.0% | 371,8 k € | -29.1% | 524,1 k € | -40.7% | 883,8 k € | +86.8% | 473,1 k € | -47.3% | 897,7 k € | -28.0% | 1,2 M € | +167% | 466,2 k € | -39.0% | 764,7 k € | +94.9% | 392,3 k € | -30.7% | 566,2 k € | +50.5% | 376,3 k € | +83.4% | 205,2 k € | -4.4% | 214,6 k € | -5.8% | 227,8 k € | +0.1% | 227,5 k € |
| Operating result | 178,2 k € | -43.4% | 314,6 k € | -2.7% | 323,2 k € | -27.3% | 444,7 k € | -41.2% | 756 k € | +99.2% | 379,6 k € | -55.4% | 851,8 k € | -29.6% | 1,2 M € | +222% | 376,2 k € | -42.3% | 652,3 k € | +124% | 291,2 k € | -39.4% | 480,5 k € | +58.5% | 303,2 k € | +119% | 138,2 k € | -16.4% | 165,4 k € | -15.2% | 194,9 k € | -4.4% | 203,9 k € |
| Net result | 273,4 k € | -19.8% | 341 k € | +51.2% | 225,6 k € | -15.7% | 267,6 k € | -48.8% | 522,4 k € | +111% | 248,2 k € | -55.2% | 553,4 k € | -32.1% | 814,5 k € | +189% | 281,3 k € | -32.1% | 414,1 k € | +124% | 184,6 k € | -41.3% | 314,7 k € | +70.5% | 184,5 k € | +109% | 88,2 k € | -3.6% | 91,5 k € | +21.5% | 75,3 k € | -45.5% | 138,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 6,2 M € | +4.6% | 5,9 M € | +6.2% | 5,5 M € | +4.2% | 5,3 M € | +5.3% | 5,1 M € | +20.3% | 4,2 M € | +6.3% | 4 M € | +36.1% | 2,9 M € | +39.0% | 2,1 M € | +15.6% | 1,8 M € | +29.7% | 1,4 M € | +15.3% | 1,2 M € | +35.2% | 893,9 k € | +17.7% | 759,3 k € | +13.1% | 671,2 k € | +15.8% | 579,7 k € | +14.9% | 504,4 k € |
| Total assets | 11,4 M € | -7.0% | 12,3 M € | +5.0% | 11,7 M € | +12.9% | 10,3 M € | +28.3% | 8,1 M € | +3.3% | 7,8 M € | +53.0% | 5,1 M € | -9.2% | 5,6 M € | +36.3% | 4,1 M € | +12.2% | 3,7 M € | -14.4% | 4,3 M € | +44.5% | 3 M € | +16.9% | 2,5 M € | +16.5% | 2,2 M € | +39.5% | 1,6 M € | +4.0% | 1,5 M € | +52.4% | 986,4 k € |
| Cash | 4,8 M € | -6.8% | 5,2 M € | +11.7% | 4,7 M € | +29.4% | 3,6 M € | +34.4% | 2,7 M € | +31.3% | 2 M € | +1.9% | 2 M € | -14.6% | 2,3 M € | +140% | 977,6 k € | -8.9% | 1,1 M € | +54.9% | 692,7 k € | +40.8% | 491,9 k € | +43.8% | 342,1 k € | -4.3% | 357,3 k € | +44.4% | 247,3 k € | +6.9% | 231,4 k € | +14.2% | 202,6 k € |
| Debts | 3,8 M € | -23.0% | 5 M € | +1.8% | 4,9 M € | +36.0% | 3,6 M € | +47.6% | 2,4 M € | -19.6% | 3 M € | +359% | 660,4 k € | -68.9% | 2,1 M € | +30.4% | 1,6 M € | -6.6% | 1,7 M € | -37.4% | 2,8 M € | +66.7% | 1,7 M € | +1.5% | 1,6 M € | +18.3% | 1,4 M € | +56.4% | 890,3 k € | -2.0% | 908,2 k € | +88.4% | 482 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 14,7 ETP | 0.0% | 14,7 ETP | -7.5% | 15,9 ETP | +9.7% | 14,5 ETP | +4.3% | 13,9 ETP | +28.7% | 10,8 ETP | +16.1% | 9,3 ETP | +32.9% | 7,0 ETP | +4.5% | 6,7 ETP | -14.1% | 7,8 ETP | -6.0% | 8,3 ETP | +72.9% | 4,8 ETP | +45.5% | 3,3 ETP | +17.9% | 2,8 ETP | +21.7% | 2,3 ETP | +53.3% | 1,5 ETP | +15.4% | 1,3 ETP |
Governance
Board of directors
Seen on filing of 31/03/2025 · 3 active · 11 ended
Active mandates
STEPHEN PALMER
ActiveMARTIJN BLYKERS
ActiveNICOLA DOWNING
ActiveEnded mandates
INGRID GONNISSEN
EndedSTEPHEN PALMER
EndedDIEDERIK FOUQUAET
EndedDIEDERIK FOUQUAET
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 10/07/2025 | 19/09/2024 | 04/08/2023 | 09/11/2022 | 19/11/2021 | 30/10/2020 |
| General meeting | 30/06/2025 | 03/09/2024 | 30/06/2023 | 30/06/2022 | 28/07/2021 | 30/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/03/2025 | 30/06/2025 | 10/07/2025 | French | |
| Full model | 31/03/2024 | 03/09/2024 | 19/09/2024 | French | |
| Full model | 31/03/2023 | 30/06/2023 | 04/08/2023 | French | |
| Full model | 31/03/2022 | 30/06/2022 | 09/11/2022 | French | |
| Full model | 31/03/2021 | 28/07/2021 | 19/11/2021 | French | |
| Full model | 31/03/2020 | 30/09/2020 | 30/10/2020 | French | |
| Full model | 31/03/2019 | 03/09/2019 | 20/09/2019 | French | |
| Full model | 31/03/2018 | 10/07/2018 | 29/08/2018 | French | |
| Full model | 31/03/2017 | 08/09/2017 | 22/09/2017 | French | |
| Full model | 30/06/2016 | 21/12/2016 | 29/12/2016 | French | |
| Full model | 30/06/2015 | 31/03/2016 | 01/04/2016 | French | |
| Abridged model | 30/06/2014 | 17/12/2014 | 05/01/2015 | French | |
| Abridged model | 30/06/2013 | 18/12/2013 | 27/02/2014 | French | |
| Abridged model | 30/06/2012 | 19/12/2012 | 09/01/2013 | French | |
| Abridged model | 30/06/2011 | 21/12/2011 | 04/01/2012 | French | |
| Abridged model | 30/06/2010 | 15/12/2010 | 21/12/2010 | French | |
| Abridged model | 30/06/2009 | 11/12/2009 | 14/12/2009 | French | |
| Abridged model | 30/06/2008 | 17/12/2008 | 27/01/2009 | French | |
| Abridged model | 30/06/2007 | 19/12/2007 | 21/12/2007 | French | |
| Abridged model | 30/06/2006 | 20/12/2006 | 17/01/2007 | French | |
| Abridged model | 30/06/2005 | 21/12/2005 | 13/01/2006 | French | |
| Abridged model | 30/06/2004 | 15/12/2004 | 20/01/2005 | French |
Valuation
Estimate
Indicative valuation
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 31/03/2025 · 3 active · 11 ended
Active mandates
STEPHEN PALMER
ActiveMARTIJN BLYKERS
ActiveNICOLA DOWNING
ActiveEnded mandates
INGRID GONNISSEN
EndedSTEPHEN PALMER
EndedDIEDERIK FOUQUAET
EndedDIEDERIK FOUQUAET
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
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 2025273,4 k €↓
- 2025Name changeUPFRONT (par fusion absorbé par Orbid SA)
- 2024Annual accounts 2024341 k €↑
- 2023Annual accounts 2023225,6 k €↓
- 2022Annual accounts 2022267,6 k €↓
- 2022Name changeUpFront
- 2021Annual accounts 2021522,4 k €↑
- 2019Annual accounts 2019248,2 k €↓
- 2018Annual accounts 2018553,4 k €↓
- 2016Annual accounts 2016814,5 k €↑
- 2015Annual accounts 2015281,3 k €↓
- 2014Annual accounts 2014414,1 k €↑
- 2013Annual accounts 2013184,6 k €↓
- 2012Annual accounts 2012314,7 k €↑
- 2011Annual accounts 2011184,5 k €↑
- 2010Annual accounts 201088,2 k €↓
- 2009Annual accounts 200991,5 k €↑
- 2008Annual accounts 200875,3 k €↓
- 2007Annual accounts 2007138,1 k €