Update Team
0846.854.837 · rovalta.com · 10/11/2026
ACTIVE
Update Team
Financial year 2024 · Closed on 31/12/2024
Net result-62,7 k €-843,8 %over 1 year
Gross margin94,5 k €-24,3 %over 1 year
Equity83,7 k €-42,8 %over 1 year
Workforce1,9 ETP
Overview
Identity
Source · BCE/KBOUpdate Team is a Private limited company incorporated in 2012. Its main activity is: Computer consultancy activities. Its registered office is in Gent. It employs on average 1,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0846.854.837
- Incorporation
- 26/06/2012
- Legal form
- Private limited company
- Registered office
- Bellevue 1
9050 Gent · FlandreSee on map - Contributed capital
- 6 200,00 €
- Latest accounts
- 31/12/2024
- Average workforce
- 1,9 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities59112Motion picture, video and television programme production activities59112Motion picture, video and television programme production activities63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities
Joint committees (1)
- 2000
Contacts
2 public details availableLog in to view
Signals
Good liquidityHealthy social debts
Financials
Source · NBB, 12 filingsTrend over 12 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 94,5 k € | -24.3% | 124,8 k € | -33.9% | 188,7 k € | +52.8% | 123,5 k € | +50.7% | 81,9 k € |
| EBITDA | -58,4 k € | -474% | 15,6 k € | -83.7% | 96,1 k € | +34.5% | 71,5 k € | +77.7% | 40,2 k € |
| Operating result | -59,7 k € | -497% | 15 k € | -83.4% | 90,4 k € | +30.4% | 69,3 k € | +113% | 32,6 k € |
| Net result | -62,7 k € | -844% | 8,4 k € | -86.1% | 60,6 k € | +35.6% | 44,7 k € | +87.1% | 23,9 k € |
| Balance sheet | |||||||||
| Equity | 83,7 k € | -42.8% | 146,4 k € | +6.1% | 138 k € | +78.3% | 77,4 k € | +137% | 32,7 k € |
| Total assets | 389,2 k € | -40.1% | 650 k € | -31.4% | 947,6 k € | -2.5% | 971,5 k € | +92.3% | 505,1 k € |
| Cash | 24,2 k € | -91.3% | 279,4 k € | -32.5% | 414 k € | +35.2% | 306,2 k € | +91.2% | 160,1 k € |
| Debts | 304,3 k € | -36.5% | 479 k € | -14.3% | 558,8 k € | -17.0% | 673,4 k € | +89.6% | 355,1 k € |
| Other | |||||||||
| Workforce | 1,9 ETP | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20241 active
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
| Directorsince 07/06/2023Manager2019 accountsended |
Other companies at this address
Bellevue 1 9050 GentFinancials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/08/2025 | 31/08/2024 | 17/11/2023 | 31/08/2022 | 30/09/2021 | 03/09/2020 |
| General meeting | 13/06/2025 | 21/06/2024 | 29/09/2023 | 24/06/2022 | 25/06/2021 | 26/06/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 12 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 13/06/2025 | 29/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 21/06/2024 | 31/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 29/09/2023 | 17/11/2023 | Dutch | |
| Micro model | 31/12/2021 | 24/06/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 25/06/2021 | 30/09/2021 | Dutch | |
| Micro model | 31/12/2019 | 26/06/2020 | 03/09/2020 | Dutch | |
| Micro model | 31/12/2018 | 28/06/2019 | 26/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 29/06/2018 | 23/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 24/06/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/06/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/06/2014 | 29/08/2014 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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
Board of directors
Source · NBB, accounts to 31/12/20241 active
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
| Directorsince 07/06/2023Manager2019 accountsended |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates07/06/2024ONTSLAGEN - BENOEMINGEN
- Registered office07/05/2024MAATSCHAPPELIJKE ZETEL
- Mandates19/06/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office02/12/2019MAATSCHAPPELIJKE ZETEL
- Registered office04/11/2016Wijziging maatschappelijke zetel
- Registered office16/12/2014MAATSCHAPPELIJKE ZETEL
- Registered office28/03/2013Zetelverplaatsing
- Other05/07/2012RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings12 filings
Mandates
MADDENS REMI
201220132014201520162017201820192020202120222023202420252026
Update Team
Bellevue 1, 9050 Ledeberg (Gent)Woodrow Wilsonplein 7, 9000 Gent
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Bellevue 1, 9050 Ledeberg (Gent)Current | accounts 2024 | Accounts 2024 · 2025-00435849 |
| Woodrow Wilsonplein 7, 9000 Gent | accounts 2022 → 2023 | Accounts 2023 · 2024-00453361 |
| Gaston Crommenlaan 8 bte 5, 9050 Ledeberg (Gent) | accounts 2021 | Accounts 2021 · 2022-20397948 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Update TeamCurrent | accounts 2021 → 2024 | Accounts 2024 · 2025-00435849 |
Events
- 2024Annual accounts 2024-62,7 k €↓
- 2023Annual accounts 20238,4 k €↓
- 2022Annual accounts 202260,6 k €↑
- 2021Annual accounts 202144,7 k €↑
- 2020Annual accounts 202023,9 k €↑
- 2019Annual accounts 201912,4 k €↓
- 2018Annual accounts 201852,2 k €↑
- 2017Annual accounts 2017-53,6 k €↓
- 2016Annual accounts 2016-52,5 k €↓
- 2015Annual accounts 201555,1 k €↑
- 2014Annual accounts 201429,9 k €↑
- 2013Annual accounts 201312,3 k €
- 26/06/2012IncorporationPrivate limited company