NORMAL SITUATION

UpCo

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Company — Normal situation.

Strike-off: 21 août 2026

Financial year 2025 · Closed on 31/12/2025

Net result-83,5 k €-22,1 %over 1 year

Equity13,6 M €-0,6 %over 1 year

Identity

Source · BCE/KBO

UpCo is a Public limited company incorporated in 2019.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0736.724.995
Incorporation: 24/10/2019
Legal form: Public limited company
Contributed capital: 4 545 000,00 €
Latest accounts: 31/12/2025

Signals

Solid equity

Financials

Source · NBB, 9 filings

Trend over 6 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	–		–		488 k €	+80.0%	271,2 k €	+43.8%	188,6 k €
EBITDA	-14,3 k €	-118%	80,8 k €	-83.4%	487 k €	+80.2%	270,2 k €	+43.7%	188,1 k €
Operating result	-14,3 k €	-118%	80,8 k €	-82.0%	449,5 k €	+93.1%	232,7 k €	+37.5%	169,2 k €
Net result	-83,5 k €	-22.1%	-68,4 k €	-343%	28,1 k €	-30.2%	40,3 k €	-8.1%	43,8 k €
Balance sheet
Equity	13,6 M €	-0.6%	13,7 M €	-0.5%	13,8 M €	+0.2%	13,8 M €	+0.3%	13,7 M €
Total assets	23,9 M €	-0.4%	24 M €	-0.7%	24,1 M €	+0.8%	23,9 M €	-1.4%	24,3 M €
Cash	49,6 k €	+76.9%	28 k €	-83.2%	167,3 k €	+775%	19,1 k €	-92.2%	246,1 k €
Debts	10,2 M €	-0.0%	10,2 M €	-0.9%	10,3 M €	+1.7%	10,1 M €	-3.7%	10,5 M €

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT FAMILY0799.844.677Represented by Kurt Depuydt	Director22/11/2023 → 21/11/2029
DEROOSE PROJECTS0880.450.291Represented by Dirk Deroose	Director22/11/2023 → 21/11/2029
ESSENSYS0480.687.953Represented by Dirk Van Lerberghe	Director22/11/2023 → 21/11/2026
Veerle Naessens	Director22/11/2023 → 21/11/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT K.0889.086.162Represented by Kurt Depuydt	Managing director21/04/2023 → 22/11/2023
YVENSA0822.226.933Represented by Yves Depuydt	Managing director21/04/2023 → 22/11/2023
BERLONY0422.207.148Represented by Bernard Buyse	Director22/10/2019 → 2023 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Consolidated accounts
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	13/07/2026	27/06/2025	11/07/2024	31/07/2023	08/07/2022	28/07/2021
General meeting	22/06/2026	23/06/2025	28/06/2024	30/06/2023	30/06/2022	21/06/2021
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, 9 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/06/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	23/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	—	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	26/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	21/06/2021	28/07/2021	Dutch	PDF

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.

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 · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT FAMILY0799.844.677Represented by Kurt Depuydt	Director22/11/2023 → 21/11/2029
DEROOSE PROJECTS0880.450.291Represented by Dirk Deroose	Director22/11/2023 → 21/11/2029
ESSENSYS0480.687.953Represented by Dirk Van Lerberghe	Director22/11/2023 → 21/11/2026
Veerle Naessens	Director22/11/2023 → 21/11/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEPUYDT K.0889.086.162Represented by Kurt Depuydt	Managing director21/04/2023 → 22/11/2023
YVENSA0822.226.933Represented by Yves Depuydt	Managing director21/04/2023 → 22/11/2023
BERLONY0422.207.148Represented by Bernard Buyse	Director22/10/2019 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring01/09/2026
VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
PDF
Mandates31/08/2026
Benoemingen
PDF
Restructuring11/06/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other03/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
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

Filings6 filings

Mandates

ESSENSYS

DEPUYDT FAMILY

DEROOSE PROJECTS

Veerle Naessens

YVENSA

DEPUYDT K.

BERLONY

GREEN HILL COMPANY

QDC-Governance

Steven Buyse

20192020202120222023202420252026202720282029

UPCO

Zandvoordestraat 370 bte -, 8400 Oostende

Director

Chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zandvoordestraat 370, 8400 Oostende	CBE until 21/08/2026	CBE
Zandvoordestraat 370 bte -, 8400 Oostende	accounts 2021 → 2025	Accounts 2025 · 2026-00302298

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
UpCo	CBE until 21/08/2026	CBE
UPCO	accounts 2021 → 2025	Accounts 2025 · 2026-00302298
FERMETTE FOOD GROUP	accounts 2020	Accounts 2020 · 2021-42100253

Events

2025
Annual accounts 2025-83,5 k €↓
2024
Annual accounts 2024-68,4 k €↓
2023
Annual accounts 202328,1 k €↓
2022
Annual accounts 202240,3 k €↓
2021
Annual accounts 202143,8 k €↓
2021
Name changeUPCO
2020
Annual accounts 20209,1 M €
24/10/2019
IncorporationPublic limited company

UpCo

Overview

Identity

Financials

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

Registered offices

Company names

Events