ACTIVE

UP-nxt

Financial year 2025 · closed on 31/12/2025
Net result
-19,3 M €
-712.1% YoY
Revenue
13,3 M €
Equity
-48,4 M €
-542.8% YoY
Workforce
35,2 ETP
-61.5% YoY

What does UP-nxt do?

UP-nxt is a Public limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 35,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.217.841
Incorporation
16/12/2011
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1146
9051 Gent · FlandreSee on map
Contributed capital
15 608 819,59 €
Latest accounts
31/12/2025
Average workforce
35,2 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
High revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520212020201920182016201420132012
Income statement
Revenue13,3 M €992,2 k €880,5 k €419,3 k €70,1 k €
EBITDA-7,9 M €-1,3 M €-2,6 M €-2,2 M €763,6 k €-2,3 k €210,8 k €56,8 k €-343,2 k €
Operating result-16,7 M €-2,0 M €-3,2 M €-2,7 M €535,8 k €-39,7 k €188,4 k €36,4 k €-357,6 k €
Net result-19,3 M €-2,4 M €-3,5 M €-2,8 M €436,8 k €-82,9 k €3,5 k €928,2 €-377,2 k €
Balance sheet
Equity-48,4 M €-7,5 M €-5,2 M €-1,7 M €1,1 M €507,6 k €-311,3 k €-314,8 k €-315,7 k €
Total assets40,6 M €12,5 M €3,0 M €4,2 M €2,9 M €1,9 M €851,5 k €552,6 k €216,3 k €
Cash5,2 k €31,5 k €196,1 k €38,3 k €38,7 k €8,1 k €13,8 k €7,6 k €8,9 k €
Debts89,0 M €19,8 M €7,8 M €5,7 M €1,7 M €1,4 M €1,2 M €862,6 k €532,0 k €
Other
Workforce35,2 ETP91,5 ETP83,8 ETP41,8 ETP28,4 ETP8,2 ETP8,8 ETP8,0 ETP6,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

Banqup Group

Director · since 02 juin 2025 · until 02 juin 2031 · 0886.277.617

Represented by Koen De Brabander

Active
Beco Global Consulting LLC

Director · since 02 juin 2025 · until 02 juin 2031

Represented by Nicolas de Beco

Active

Ended mandates

Banqup Group

Director · since 15 octobre 2019 · until 02 juin 2025 · 0886.277.617

Represented by Laurent Henri Marcelis

Ended
SOFIAS

Managing director · since 27 septembre 2019 · until 06 juin 2022 · 0465.085.504

Represented by Hans Leybaert

Ended
SOFIAS

Director · since 13 octobre 2016 · until 06 juin 2022 · 0465.085.504

Represented by Hans Leybaert

Ended
SOFIAS

Director · since 13 octobre 2016 · until 13 octobre 2022 · 0465.085.504

Represented by Hans Leybaert

Ended
At this address

Other companies at this address

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Banqup FilesActive
0867.499.902
GROUND LIONActive
0644.729.306
LGA HRActive
0599.940.248
LGA HR GROUPActive
0711.888.542
LGA HR InvestActive
1002.457.980
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged 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 date11/06/202603/06/202520/06/202414/06/202327/06/202207/06/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202228/05/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202611/06/2026DutchPDF
Full model31/12/202402/06/202503/06/2025DutchPDF
Full model31/12/202303/06/202420/06/2024DutchPDF
Abridged model31/12/202205/06/202314/06/2023DutchPDF
Abridged model31/12/202106/06/202227/06/2022DutchPDF
Abridged model31/12/202028/05/202107/06/2021DutchPDF
Abridged model31/12/201910/07/202005/08/2020DutchPDF
Abridged model31/12/201830/06/201923/10/2019DutchPDF
Abridged model31/12/201725/06/201820/11/2018DutchPDF
Full model31/12/201630/06/201712/07/2017DutchPDF
Full model31/12/201505/12/201612/12/2016DutchPDF
Full model31/12/201430/06/201527/07/2015DutchPDF
Full model31/12/201330/06/201429/07/2014DutchPDF
Full model31/12/201230/06/201330/07/2013DutchPDF
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 · 2 active · 14 ended

Active mandates

Banqup Group

Director · since 02 juin 2025 · until 02 juin 2031 · 0886.277.617

Represented by Koen De Brabander

Active
Beco Global Consulting LLC

Director · since 02 juin 2025 · until 02 juin 2031

Represented by Nicolas de Beco

Active

Ended mandates

Banqup Group

Director · since 15 octobre 2019 · until 02 juin 2025 · 0886.277.617

Represented by Laurent Henri Marcelis

Ended
SOFIAS

Managing director · since 27 septembre 2019 · until 06 juin 2022 · 0465.085.504

Represented by Hans Leybaert

Ended
SOFIAS

Director · since 13 octobre 2016 · until 06 juin 2022 · 0465.085.504

Represented by Hans Leybaert

Ended
SOFIAS

Director · since 13 octobre 2016 · until 13 octobre 2022 · 0465.085.504

Represented by Hans Leybaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/08/2026
    Herbenoeming Commissaris
    PDF
  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/07/2022
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/05/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/05/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 2025-19,3 M €
  2. 2021
    Annual accounts 2021-2,4 M €
  3. 2020
    Annual accounts 2020-3,5 M €
  4. 2019
    Annual accounts 2019-2,8 M €
  5. 2018
    Annual accounts 2018436,8 k €
  6. 2016
    Annual accounts 2016-82,9 k €
  7. 2014
    Annual accounts 20143,5 k €
  8. 2013
    Annual accounts 2013928,2 €
  9. 2012
    Annual accounts 2012-377,2 k €
  10. 16/12/2011
    IncorporationPublic limited company