Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TUPASI from Oostende, company number BE0449091687, closed financial year 2025 with a result of € -3,216 after tax. For that financial year TUPASI recorded a gross margin of € -2,966 and equity of € -171,668. Compared with financial year 2024, the result moved from € -4,405 to € -3,216. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ -171,668
▼ € 3,216 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,216
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -233,668.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 300,053
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,119 | € -6,502 | € -2,643 | € -2,966 | ▼ € 323 |
| Profit after taxes | € -31,535 | € -7,786 | € -4,405 | € -3,216 | ▲ € 1,189 |
| Equity | € -156,260 | € -164,046 | € -168,452 | € -171,668 | ▼ € 3,216 |
| Total debts | € 501,206 | € 508,942 | € 512,756 | € 514,498 | |
| Cash | € 1,450 | € 1,723 | € 1,474 | - | |
| Land & buildings | € 276,540 | € 276,540 | € 276,540 | € 276,540 | |
| Retained profit | € -218,260 | € -226,046 | € -230,452 | € -233,668 | ▼ € 3,216 |
| Bank debt | € 300,000 | € 300,000 | € 300,000 | € 300,053 | |
| Balance sheet total | € 344,946 | € 344,896 | € 344,304 | € 342,831 |
Key figures of TUPASI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TUPASI?
What happened at TUPASI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,216. Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,535 loss in 2022 to € 3,216 loss in 2025.
Management
Behind TUPASI is Werner Devisch.
Directors
According to the 2025 annual accounts
Werner Devisch
Managing director
Establishments
Establishment units
Physical locations of this company
Aartshertoginnestraat 27 box glv
8400 Oostende
Frère-Orbanstraat 135A box 2
8400 Oostende
Active since 25 January 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.091.687
- VAT number
- BE 0449.091.687
- Registered office
- Aartshertoginnestraat 27 bus glv, 8400 Oostende
- Names & denominations
- TUPASI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1992
- Peppol
- Not registered