ACTIVE

UP 36

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Financial year 2025 · closed on 31/12/2025
Net result
317,1 k €
+48.1% YoY
Revenue
1,3 M €
+5.0% YoY
Equity
18,3 M €
0.0% YoY

What does UP 36 do?

UP 36 is a Public limited company incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0833.848.721
Incorporation
15/02/2011
Legal form
Public limited company
Registered office
Rue de Laeken 32
1000 Bruxelles · BruxellesSee on map
Contributed capital
13 568 572,00 €
Latest accounts
31/12/2025
Activities (NACE)
68204Rental and operating of own or leased real estate· main68204Rental and operating of own or leased real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020162015201420132012
Income statement
Revenue1,3 M €1,2 M €22,0 k €19,9 k €18,9 k €18,8 k €17,7 k €17,3 k €17,3 k €17,1 k €16,7 k €
EBITDA1,1 M €1,0 M €3,8 k €2,9 k €1,6 k €3,9 k €8,4 k €7,6 k €10,1 k €3,8 k €1,1 k €
Operating result408,6 k €299,4 k €3,8 k €2,9 k €1,6 k €3,9 k €8,4 k €7,6 k €10,1 k €3,8 k €-1,2 k €
Net result317,1 k €214,1 k €3,4 k €2,5 k €1,1 k €3,6 k €7,7 k €6,8 k €9,9 k €3,7 k €-2,5 k €
Balance sheet
Equity18,3 M €18,3 M €75,4 k €75,4 k €96,1 k €125,0 k €102,0 k €94,3 k €87,5 k €77,6 k €73,9 k €
Total assets19,3 M €18,5 M €87,0 k €106,8 k €135,0 k €133,7 k €102,8 k €94,3 k €90,0 k €80,1 k €76,4 k €
Cash1,3 M €539,4 k €22,6 k €42,4 k €71,5 k €70,2 k €39,3 k €30,8 k €11,5 k €16,1 k €12,4 k €
Debts1,0 M €197,6 k €11,6 k €31,4 k €38,8 k €8,7 k €748,0 €–2,5 k €2,5 k €2,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Thomas Van der Heijden

Director · since 21 avril 2026 · until 17 mai 2030

Active
Jean-Marc Cornet

Chairman of the board of directors · since 01 janvier 2019 · until 16 mai 2031

Active
Kjeld Boerendonk

Director · since 01 janvier 2019 · until 16 mai 2031

Active

Ended mandates

Stephan De Varé

Director · since 18 décembre 2023 · until 16 mai 2025

Ended
Stephan De Varé

Director · since 16 décembre 2023 · until 16 mai 2025

Ended
Christine Grandjean

Director · since 17 mai 2019 · until 16 mai 2025

Ended
Jean-Marc Cornet

Chairman of the board of directors · since 01 janvier 2019 · until 16 mai 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
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 date27/05/202621/05/202527/05/202401/06/202320/07/202217/06/2021
General meeting18/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202627/05/2026FrenchPDF
Full model31/12/202416/05/202521/05/2025FrenchPDF
Full model31/12/202317/05/202427/05/2024FrenchPDF
Full model31/12/202219/05/202301/06/2023FrenchPDF
Full modelCorrection31/12/202120/05/202220/07/2022FrenchPDF
Full model31/12/202120/05/202207/07/2022FrenchPDF
Full modelCorrection31/12/202021/05/202117/06/2021FrenchPDF
Full model31/12/202021/05/202128/05/2021FrenchPDF
Full model31/12/201915/05/202016/06/2020FrenchPDF
Full model31/12/201817/05/201926/06/2019FrenchPDF
Full model31/12/201718/05/201825/06/2018FrenchPDF
Full model31/12/201619/05/201730/05/2017FrenchPDF
Full model31/12/201520/05/201630/05/2016FrenchPDF
Full model31/12/201418/05/201515/06/2015FrenchPDF
Full model31/12/201316/05/201416/05/2014FrenchPDF
Full model31/12/201221/03/201319/04/2013DutchPDF
Full model31/12/201115/03/201219/04/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 · 3 active · 17 ended

Active mandates

Thomas Van der Heijden

Director · since 21 avril 2026 · until 17 mai 2030

Active
Jean-Marc Cornet

Chairman of the board of directors · since 01 janvier 2019 · until 16 mai 2031

Active
Kjeld Boerendonk

Director · since 01 janvier 2019 · until 16 mai 2031

Active

Ended mandates

Stephan De Varé

Director · since 18 décembre 2023 · until 16 mai 2025

Ended
Stephan De Varé

Director · since 16 décembre 2023 · until 16 mai 2025

Ended
Christine Grandjean

Director · since 17 mai 2019 · until 16 mai 2025

Ended
Jean-Marc Cornet

Chairman of the board of directors · since 01 janvier 2019 · until 16 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/07/2025
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring21/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office19/08/2024
    SIEGE SOCIAL
    PDF
  • Restructuring04/06/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates31/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other31/10/2022
    DIVERS
    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 2025317,1 k €↑
  2. 2024
    Annual accounts 2024214,1 k €↑
  3. 2023
    Annual accounts 20233,4 k €↑
  4. 2022
    Annual accounts 20222,5 k €↑
  5. 2021
    Annual accounts 20211,1 k €↓
  6. 2020
    Annual accounts 20203,6 k €↓
  7. 2016
    Annual accounts 20167,7 k €↑
  8. 2015
    Annual accounts 20156,8 k €↓
  9. 2014
    Annual accounts 20149,9 k €↑
  10. 2013
    Annual accounts 20133,7 k €↑
  11. 2012
    Annual accounts 2012-2,5 k €
  12. 15/02/2011
    IncorporationPublic limited company