ACTIVE

UPSTREAM SOLUTIONS

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

-153 k €

-130.3% YoY

Gross margin

119 k €

-84.0% YoY

Equity

220,7 k €

-40.9% YoY

What does UPSTREAM SOLUTIONS do?

UPSTREAM SOLUTIONS is a Private limited company incorporated in 2006. Its main activity is: Activities of holding companies. Its registered office is in Damme.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.317.119

Incorporation

27/11/2006

Legal form

Private limited company

Registered office

Legeweg 12
8340 Damme · FlandreSee on map

Contributed capital

33 850,00 €

Latest accounts

31/12/2024

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	119 k €	-84.0%	743,9 k €	+117%	343,6 k €	+137%	144,7 k €	+1057%	-15,1 k €	-113%	116,3 k €	-48.5%	225,8 k €	+51.1%	149,5 k €	+52.6%	98 k €	-26.1%	132,5 k €	+27.9%	103,6 k €	-1.9%	105,6 k €	-16.6%	126,7 k €	+242%	37,1 k €	-76.1%	154,8 k €	+129%	67,7 k €	-23.6%	88,6 k €
EBITDA	73 k €	-89.9%	720,8 k €	+140%	300,5 k €	+261%	83,3 k €	+310%	-39,7 k €	-139%	103,2 k €	-52.9%	219,1 k €	+146%	89 k €	-7.2%	96 k €	-25.7%	129,2 k €	+27.0%	101,7 k €	-2.0%	103,8 k €	-13.7%	120,2 k €	+309%	29,4 k €	-80.8%	153,5 k €	+141%	63,7 k €	-27.6%	88 k €
Operating result	-80,9 k €	-114%	573,3 k €	+329%	133,6 k €	+273%	-77,1 k €	+53.2%	-164,7 k €	-2243%	-7 k €	+86.2%	-51 k €	-570%	10,8 k €	+7.3%	10,1 k €	+178%	-13 k €	-115%	87,7 k €	-9.0%	96,3 k €	-14.0%	112 k €	+343%	25,3 k €	-83.3%	151,8 k €	+148%	61,3 k €	-28.8%	86,1 k €
Net result	-153 k €	-130%	505 k €	+886%	51,2 k €	+132%	-158,8 k €	+38.5%	-258,4 k €	-183%	-91,3 k €	+26.4%	-124 k €	-12694%	984,6 €	+108%	-11,6 k €	+39.7%	-19,2 k €	-136%	53,5 k €	+95.7%	27,3 k €	-74.5%	107 k €	+666%	14 k €	-86.1%	100,3 k €	+167%	37,5 k €	-38.5%	61 k €
Balance sheet
Equity	220,7 k €	-40.9%	373,7 k €	+385%	-131,3 k €	+28.1%	-182,5 k €	-208%	169,6 k €	+234%	-126,5 k €	-259%	-35,2 k €	-140%	88,8 k €	+1.1%	87,8 k €	-11.7%	99,4 k €	-16.2%	118,6 k €	+172%	43,6 k €	+168%	16,3 k €	+14.4%	14,3 k €	-93.3%	211,2 k €	+90.5%	110,9 k €	+51.1%	73,4 k €
Total assets	4,6 M €	-3.2%	4,7 M €	-6.7%	5,1 M €	-0.9%	5,1 M €	+44.4%	3,6 M €	+29.0%	2,8 M €	-8.8%	3 M €	+66.0%	1,8 M €	-2.0%	1,9 M €	-22.2%	2,4 M €	+841%	253,6 k €	+53.4%	165,4 k €	-6.9%	177,5 k €	+74.1%	102 k €	-64.6%	288,4 k €	+74.6%	165,1 k €	+27.9%	129,1 k €
Cash	113,3 k €	-46.1%	210 k €	+406%	41,5 k €	-78.3%	191,6 k €	+138%	80,4 k €	+17.3%	68,5 k €	-86.3%	501,6 k €	-4.2%	523,9 k €	+40.0%	374,3 k €	-62.7%	1 M €	+506%	165,7 k €	+62.3%	102,1 k €	+249%	29,3 k €	-58.4%	70,5 k €	-57.8%	166,9 k €	+14.4%	145,9 k €	+39.5%	104,6 k €
Debts	3,4 M €	-0.1%	3,4 M €	-19.9%	4,3 M €	-2.3%	4,4 M €	+77.1%	2,5 M €	+24.3%	2 M €	-8.5%	2,2 M €	+157%	843,1 k €	-52.3%	1,8 M €	-22.3%	2,3 M €	+1675%	128,1 k €	+5.3%	121,7 k €	-24.5%	161,2 k €	+83.8%	87,7 k €	+13.8%	77,1 k €	+42.2%	54,2 k €	-2.3%	55,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	0.0%	0,1 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Frank Lehouck

Director

Active

Ended mandates

Frank Lehouck

Manager · since 27 novembre 2006

Ended

FRANK LEHOUCK

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Finshift● Active	1041.780.988
Griet Vandenheede● Active	0843.205.162
MACA● Active	0423.801.710

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro 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	28/02/2026	21/10/2024	25/01/2024	20/12/2022	11/03/2022	23/07/2020
General meeting	31/01/2026	19/10/2024	25/01/2024	19/12/2022	30/06/2021	30/06/2020
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	31/01/2026	28/02/2026	Dutch	PDF
Micro model	31/12/2023	19/10/2024	21/10/2024	Dutch	PDF
Micro model	31/12/2022	25/01/2024	25/01/2024	Dutch	PDF
Micro model	31/12/2021	19/12/2022	20/12/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	11/03/2022	Dutch	PDF
Micro model	31/12/2019	30/06/2020	23/07/2020	Dutch	PDF
Micro model	31/12/2018	01/07/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/11/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	29/11/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	17/07/2008	Dutch	PDF

Estimate

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.

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 31/12/2024 · 1 active · 2 ended

Active mandates

Frank Lehouck

Director

Active

Ended mandates

Frank Lehouck

Manager · since 27 novembre 2006

Ended

FRANK LEHOUCK

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/02/2021
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/04/2014
KAPITAAL - AANDELEN
PDF
Mandates14/12/2012
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF
Registered office28/11/2007
MAATSCHAPPELIJKE ZETEL
PDF
Other07/12/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

2024
Annual accounts 2024-153 k €↓
2023
Annual accounts 2023505 k €↑
2022
Annual accounts 202251,2 k €↑
2021
Annual accounts 2021-158,8 k €↑
2019
Annual accounts 2019-258,4 k €↓
2018
Annual accounts 2018-91,3 k €↑
2017
Annual accounts 2017-124 k €↓
2016
Annual accounts 2016984,6 €↑
2015
Annual accounts 2015-11,6 k €↑
2014
Annual accounts 2014-19,2 k €↓
2013
Annual accounts 201353,5 k €↑
2012
Annual accounts 201227,3 k €↓
2011
Annual accounts 2011107 k €↑
2010
Annual accounts 201014 k €↓
2009
Annual accounts 2009100,3 k €↑
2008
Annual accounts 200837,5 k €↓
2007
Annual accounts 200761 k €
27/11/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

UPSTREAM SOLUTIONS

Overview

What does UPSTREAM SOLUTIONS do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline