ACTIVE

level-UP

Financial year 2025 · closed on 31/08/2025
Net result
96,7 k €
+23.3% YoY
Gross margin
-9,2 k €
-1.2% YoY
Equity
19,9 M €
+0.5% YoY
Workforce
0,0 ETP

What does level-UP do?

level-UP is a Private limited company incorporated in 2004. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.482.390
Incorporation
13/07/2004
Legal form
Private limited company
Registered office
Amelia Earhartlaan 2 box 201
9051 Gent · FlandreSee on map
Contributed capital
440 000,00 €
Latest accounts
31/08/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-9,2 k €-9,1 k €-8,1 k €-10,8 k €-17,9 k €13,1 k €197,3 k €227,7 k €-6 k €107,7 k €88,6 k €78,5 k €71,3 k €83,3 k €36,7 k €14,2 k €20,1 k €
EBITDA-10,5 k €-10,3 k €-9,6 k €-11,3 k €-19,3 k €12,8 k €197 k €227,7 k €-8,9 k €107,3 k €88,2 k €77,1 k €66,7 k €82,2 k €35,6 k €12,1 k €19,6 k €
Operating result-10,5 k €-10,3 k €-9,6 k €-11,3 k €-19,3 k €12,8 k €197 k €227,7 k €-8,9 k €98 k €77,2 k €65,6 k €55 k €73,1 k €26,5 k €4,1 k €12,1 k €
Net result96,7 k €78,4 k €79 k €72,9 k €9,4 M €9,9 k €129,2 k €150,2 k €-2,9 k €63,6 k €49,9 k €40 k €32,8 k €45,9 k €17,3 k €1 k €10,3 k €
Balance sheet
Equity19,9 M €19,8 M €19,8 M €19,7 M €9,7 M €312 k €302 k €172,8 k €15,1 k €15,1 k €17,9 k €14,3 k €20,4 k €19,4 k €46,6 k €34,8 k €17,5 k €16,5 k €
Total assets54,2 M €29,8 M €23,8 M €24,5 M €91,6 M €377,9 k €392,9 k €252,9 k €20,3 k €15,1 k €83,8 k €139,1 k €114 k €155,8 k €76,4 k €68,3 k €57,5 k €27,7 k €
Cash7,1 k €4,5 k €9,2 k €198,8 k €115,4 k €4,2 k €19,3 k €60 k €61,1 k €20,6 k €44,8 k €27,9 k €24,5 k €14,6 k €10,2 k €
Debts34 M €9,9 M €4,1 M €4,8 M €82 M €50,9 k €90,9 k €80 k €5,3 k €65,9 k €124,8 k €93,5 k €136,3 k €29,8 k €33,5 k €40 k €11,2 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 6 active · 9 ended

Active mandates

Hilde Cloostermans-Huwaert

Director · since 07 septembre 2025 · until 07 septembre 2027

Active
KOSSAAT

Director · since 07 septembre 2021 · until 07 septembre 2027 · 0438.774.946

Represented by Jan DE BONDT

Active
Kurt Verweire

Director · since 07 septembre 2021 · until 07 septembre 2027 · 0893.151.254

Represented by Kurt VERWEIRE

Active
tweak it

Director · since 07 septembre 2021 · until 07 septembre 2027 · 0677.600.725

Represented by Wim WUYTS

Active
Nele Van Damme

Director · since 29 septembre 2020

Active
Koenraad Belsack

Director · since 18 novembre 2016

Active

Ended mandates

KOSSAAT

Director · since 07 septembre 2021 · until 07 septembre 2024 · 0438.774.946

Represented by Jan De Bondt

Ended
Kurt Verweire

Director · since 07 septembre 2021 · until 07 septembre 2024 · 0893.151.254

Represented by Kurt Verweire

Ended
tweak it

Director · since 07 septembre 2021 · until 07 septembre 2024 · 0677.600.725

Represented by Wim Wuyts

Ended
Koenraad Belsack

Manager · since 18 novembre 2016

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/04/202001/04/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/03/2020
Length of the financial year12 months12 months12 months12 months17 months12 months
Filing date16/03/202603/03/202526/02/202414/03/202301/03/202220/11/2020
General meeting17/02/202618/02/202520/02/202421/02/202315/02/202219/11/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202517/02/202616/03/2026DutchPDF
Abridged model31/08/202418/02/202503/03/2025DutchPDF
Abridged model31/08/202320/02/202426/02/2024DutchPDF
Abridged model31/08/202221/02/202314/03/2023DutchPDF
Abridged model31/08/202115/02/202201/03/2022DutchPDF
Abridged model31/03/202019/11/202020/11/2020DutchPDF
Abridged model31/03/201920/09/201928/10/2019DutchPDF
Abridged model31/03/201821/09/201831/10/2018DutchPDF
Abridged model31/03/201715/09/201730/10/2017DutchPDF
Abridged model31/03/201616/09/201628/10/2016DutchPDF
Abridged model31/03/201518/09/201529/10/2015DutchPDF
Abridged model31/03/201419/09/201430/09/2014DutchPDF
Abridged model31/03/201320/09/201330/10/2013DutchPDF
Abridged model31/03/201221/09/201218/10/2012DutchPDF
Abridged model31/03/201116/09/201128/10/2011DutchPDF
Abridged model31/03/201017/09/201031/12/2010DutchPDF
Abridged model31/03/200918/09/200929/10/2009DutchPDF
Abridged model31/03/200819/09/200820/11/2008DutchPDF
Abridged model31/03/200721/09/200704/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/08/2025 · 6 active · 9 ended

Active mandates

Hilde Cloostermans-Huwaert

Director · since 07 septembre 2025 · until 07 septembre 2027

Active
KOSSAAT

Director · since 07 septembre 2021 · until 07 septembre 2027 · 0438.774.946

Represented by Jan DE BONDT

Active
Kurt Verweire

Director · since 07 septembre 2021 · until 07 septembre 2027 · 0893.151.254

Represented by Kurt VERWEIRE

Active
tweak it

Director · since 07 septembre 2021 · until 07 septembre 2027 · 0677.600.725

Represented by Wim WUYTS

Active
Nele Van Damme

Director · since 29 septembre 2020

Active
Koenraad Belsack

Director · since 18 novembre 2016

Active

Ended mandates

KOSSAAT

Director · since 07 septembre 2021 · until 07 septembre 2024 · 0438.774.946

Represented by Jan De Bondt

Ended
Kurt Verweire

Director · since 07 septembre 2021 · until 07 septembre 2024 · 0893.151.254

Represented by Kurt Verweire

Ended
tweak it

Director · since 07 septembre 2021 · until 07 septembre 2024 · 0677.600.725

Represented by Wim Wuyts

Ended
Koenraad Belsack

Manager · since 18 novembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates14/03/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/12/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/12/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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. 07/09/2025
    nominationHilde Cloostermans-Huwaert — niet-statutaire bestuurder
  2. 2025
    Annual accounts 202596,7 k €
  3. 07/09/2024
    nominationDe Bondt Jan — niet-statutaire bestuurder
  4. 07/09/2024
    nominationVerweire Kurt — niet-statutaire bestuurder
  5. 07/09/2024
    nominationWuyts Wim — niet-statutaire bestuurder
  6. 2024
    Annual accounts 202478,4 k €
  7. 2023
    Annual accounts 202379 k €
  8. 2022
    Annual accounts 202272,9 k €
  9. 2020
    Annual accounts 20209,4 M €
  10. 2019
    Annual accounts 20199,9 k €
  11. 2018
    Annual accounts 2018129,2 k €
  12. 2017
    Annual accounts 2017150,2 k €
  13. 2016
    Annual accounts 2016
  14. 2015
    Annual accounts 2015-2,9 k €
  15. 2014
    Annual accounts 201463,6 k €
  16. 2013
    Annual accounts 201349,9 k €
  17. 2012
    Annual accounts 201240 k €
  18. 2011
    Annual accounts 201132,8 k €
  19. 2010
    Annual accounts 201045,9 k €
  20. 2009
    Annual accounts 200917,3 k €
  21. 2008
    Annual accounts 20081 k €
  22. 2007
    Annual accounts 200710,3 k €
  23. 13/07/2004
    IncorporationPrivate limited company