NORMAL SITUATION

UpCo

Financial year 2025 · closed on 31/12/2025
Net result
-83,5 k €
-22.1% YoY
Equity
13,6 M €
-0.6% YoY

Company — Normal situation.

Strike-off: 21 août 2026

What does UpCo do?

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
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin488 k €271,2 k €188,6 k €-30,8 k €
EBITDA-14,3 k €80,8 k €487 k €270,2 k €188,1 k €-32,8 k €
Operating result-14,3 k €80,8 k €449,5 k €232,7 k €169,2 k €-32,8 k €
Net result-83,5 k €-68,4 k €28,1 k €40,3 k €43,8 k €9,1 M €
Balance sheet
Equity13,6 M €13,7 M €13,8 M €13,8 M €13,7 M €13,7 M €
Total assets23,9 M €24 M €24,1 M €23,9 M €24,3 M €21,3 M €
Cash49,6 k €28 k €167,3 k €19,1 k €246,1 k €2 M €
Debts10,2 M €10,2 M €10,3 M €10,1 M €10,5 M €7,6 M €
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 18 ended

Active mandates

DEPUYDT FAMILY

Director · since 22 novembre 2023 · until 21 novembre 2029 · 0799.844.677

Represented by Kurt DEPUYDT

Active
DEROOSE PROJECTS

Director · since 22 novembre 2023 · until 21 novembre 2029 · 0880.450.291

Represented by Dirk Deroose

Active
ESSENSYS

Director · since 22 novembre 2023 · until 21 novembre 2026 · 0480.687.953

Represented by Dirk VAN LERBERGHE

Active
Veerle Naessens

Director · since 22 novembre 2023 · until 21 novembre 2029

Active

Ended mandates

DEPUYDT FAMILY

Director · since 22 novembre 2023 · until 25 juin 2029 · 0799.844.677

Represented by Kurt Depuydt

Ended
DEROOSE PROJECTS

Director · since 22 novembre 2023 · until 25 juin 2029 · 0880.450.291

Represented by Dirk Deroose

Ended
ESSENSYS

Director · since 22 novembre 2023 · until 22 juin 2026 · 0480.687.953

Represented by Dirk Van Lerberghe

Ended
Veerle Naessens

Director · since 22 novembre 2023 · until 25 juin 2029

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202627/06/202511/07/202431/07/202308/07/202228/07/2021
General meeting22/06/202623/06/202528/06/202430/06/202330/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/06/202613/07/2026DutchPDF
Full model31/12/202423/06/202527/06/2025DutchPDF
Abridged model31/12/202328/06/202411/07/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Consolidated accounts31/12/202231/07/2023DutchPDF
Abridged model31/12/202130/06/202208/07/2022DutchPDF
Consolidated accounts31/12/202130/06/202208/07/2022DutchPDF
Abridged model31/12/202021/06/202126/07/2021DutchPDF
Consolidated accounts31/12/202021/06/202128/07/2021DutchPDF
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.

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 31/12/2025 · 4 active · 18 ended

Active mandates

DEPUYDT FAMILY

Director · since 22 novembre 2023 · until 21 novembre 2029 · 0799.844.677

Represented by Kurt DEPUYDT

Active
DEROOSE PROJECTS

Director · since 22 novembre 2023 · until 21 novembre 2029 · 0880.450.291

Represented by Dirk Deroose

Active
ESSENSYS

Director · since 22 novembre 2023 · until 21 novembre 2026 · 0480.687.953

Represented by Dirk VAN LERBERGHE

Active
Veerle Naessens

Director · since 22 novembre 2023 · until 21 novembre 2029

Active

Ended mandates

DEPUYDT FAMILY

Director · since 22 novembre 2023 · until 25 juin 2029 · 0799.844.677

Represented by Kurt Depuydt

Ended
DEROOSE PROJECTS

Director · since 22 novembre 2023 · until 25 juin 2029 · 0880.450.291

Represented by Dirk Deroose

Ended
ESSENSYS

Director · since 22 novembre 2023 · until 22 juin 2026 · 0480.687.953

Represented by Dirk Van Lerberghe

Ended
Veerle Naessens

Director · since 22 novembre 2023 · until 25 juin 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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

Timeline

  1. 2025
    Annual accounts 2025-83,5 k €
  2. 2024
    Annual accounts 2024-68,4 k €
  3. 2023
    Annual accounts 202328,1 k €
  4. 2022
    Annual accounts 202240,3 k €
  5. 2021
    Annual accounts 202143,8 k €
  6. 2021
    Name changeUPCO
  7. 2020
    Annual accounts 20209,1 M €
  8. 2020
    Name changeFERMETTE FOOD GROUP
  9. 24/10/2019
    IncorporationPublic limited company