What does U-PGRADE do?

U-PGRADE is a property company in Antwerpen. Public Limited, started on 9 December 1993, 1 establishment.

What is the address of U-PGRADE?

The registered office of U-PGRADE is located at Bosmanslei 26, 2018 Antwerpen.

Is U-PGRADE still active?

Yes. According to the CBE (29 October 2026) U-PGRADE is active, legal situation “Normale toestand”, started on 9 December 1993.

Is U-PGRADE registered on Peppol?

Yes, U-PGRADE is registered on the Peppol network with ID 0208:0451666840.

What is the enterprise number of U-PGRADE?

The enterprise number of U-PGRADE is BE0451666840.

When was U-PGRADE founded?

U-PGRADE was founded on 9 December 1993.

Who are the directors of U-PGRADE?

According to the 2025 annual accounts, the directors of U-PGRADE are: EDGICA NV, FL KWADRAAT BV.

Is U-PGRADE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 December 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did U-PGRADE make in 2025?

U-PGRADE recorded a loss after taxes of € 347,261 in financial year 2025.

What is the revenue of U-PGRADE?

As a small company, U-PGRADE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,067,818.

U-PGRADE (Public Limited) - Antwerpen - BE0451666840

Dossier U-PGRADE, printed on 29 October 2026 from databakkes.be/en/0451666840/u-pgrade. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Busy address KBO

17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

U-PGRADE from Antwerpen, company number BE0451666840, closed financial year 2025 with a result of € -347,261 after tax. For that financial year U-PGRADE recorded a gross margin of € 1.1 million and equity of € 5.8 million. Compared with financial year 2024, the result moved from € -343,616 to € -347,261. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 5.8 million

▼ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -347,261

▼ 1 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 55,919

▲ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.7 million.

People and assets in 2025

Wage cost

€ 39,749

▲ 16% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 14,216

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 220 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 20.3 million

▲ 7% vs 2024

€ 92,074 is repaid this year. At this pace the long-term loan is gone in ≈ 220 years.

Owed to suppliers

€ 16,708

▲ 20% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 10,922

▼ 38% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 540,153 Gross margin 2022: € 540,153 First fiscal year in the series	€ 597,707 Gross margin 2023: € 597,707 ▲ 11% vs 2022 (€ 540,153) Favourable step	€ 853,090 Gross margin 2024: € 853,090 ▲ 43% vs 2023 (€ 597,707) Favourable step	€ 1,067,818 Gross margin 2025: € 1,067,818 ▲ 25% vs 2024 (€ 853,090) Favourable step	▲ 25%
Profit after taxes	€ -319,390 Profit after taxes 2022: € -319,390 First fiscal year in the series	€ -605,202 Profit after taxes 2023: € -605,202 ▼ € 285,812 vs 2022 (€ -319,390) Unfavourable step	€ -343,616 Profit after taxes 2024: € -343,616 ▲ € 261,586 vs 2023 (€ -605,202) Favourable step	€ -347,261 Profit after taxes 2025: € -347,261 ▼ € 3,645 vs 2024 (€ -343,616) Unfavourable step	▼ € 3,645
Equity	€ 7,496,546 Equity 2022: € 7,496,546 First fiscal year in the series	€ 6,891,344 Equity 2023: € 6,891,344 ▼ 8% vs 2022 (€ 7,496,546) Unfavourable step	€ 6,547,727 Equity 2024: € 6,547,727 ▼ 5% vs 2023 (€ 6,891,344) Unfavourable step	€ 5,800,467 Equity 2025: € 5,800,467 ▼ 11% vs 2024 (€ 6,547,727) Unfavourable step	▼ 11%
Total debts	€ 10,952,281 Total debts 2022: € 10,952,281 First fiscal year in the series	€ 14,825,486 Total debts 2023: € 14,825,486 ▲ 35% vs 2022 (€ 10,952,281) Unfavourable step	€ 19,006,275 Total debts 2024: € 19,006,275 ▲ 28% vs 2023 (€ 14,825,486) Unfavourable step	€ 20,388,366 Total debts 2025: € 20,388,366 ▲ 7% vs 2024 (€ 19,006,275) Unfavourable step	▲ 7%
Cash	€ 90,816 Cash 2022: € 90,816 First fiscal year in the series	€ 3,448 Cash 2023: € 3,448 ▼ 96% vs 2022 (€ 90,816) Unfavourable step	€ 44,424 Cash 2024: € 44,424 ▲ € 40,977 vs 2023 (€ 3,448) Favourable step	€ 55,919 Cash 2025: € 55,919 ▲ 26% vs 2024 (€ 44,424) Favourable step	▲ 26%
Land & buildings	€ 12,220,448 Land & buildings 2022: € 12,220,448 First fiscal year in the series	€ 15,299,384 Land & buildings 2023: € 15,299,384 ▲ 25% vs 2022 (€ 12,220,448) Unchanged	€ 19,119,637 Land & buildings 2024: € 19,119,637 ▲ 25% vs 2023 (€ 15,299,384) Unchanged	€ 20,404,292 Land & buildings 2025: € 20,404,292 ▲ 7% vs 2024 (€ 19,119,637) Unchanged	▲ 7%
Retained profit	€ -309,202 Retained profit 2022: € -309,202 First fiscal year in the series	€ -820,451 Retained profit 2023: € -820,451 ▼ € 511,249 vs 2022 (€ -309,202) Unfavourable step	€ -1,070,114 Retained profit 2024: € -1,070,114 ▼ € 249,663 vs 2023 (€ -820,451) Unfavourable step	€ -1,723,422 Retained profit 2025: € -1,723,422 ▼ € 653,307 vs 2024 (€ -1,070,114) Unfavourable step	▼ € 653,307
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 400,000 Dividend 2025: € 400,000 Unchanged (€ 0) Unchanged
Bank debt	€ 10,876,253 Bank debt 2022: € 10,876,253 First fiscal year in the series	€ 14,770,768 Bank debt 2023: € 14,770,768 ▲ 36% vs 2022 (€ 10,876,253) Unfavourable step	€ 18,974,585 Bank debt 2024: € 18,974,585 ▲ 28% vs 2023 (€ 14,770,768) Unfavourable step	€ 20,295,476 Bank debt 2025: € 20,295,476 ▲ 7% vs 2024 (€ 18,974,585) Unfavourable step	▲ 7%
Balance sheet total	€ 18,448,827 Balance sheet total 2022: € 18,448,827 First fiscal year in the series	€ 21,716,830 Balance sheet total 2023: € 21,716,830 ▲ 18% vs 2022 (€ 18,448,827) Unchanged	€ 25,554,003 Balance sheet total 2024: € 25,554,003 ▲ 18% vs 2023 (€ 21,716,830) Unchanged	€ 26,188,833 Balance sheet total 2025: € 26,188,833 ▲ 2% vs 2024 (€ 25,554,003) Unchanged	▲ 2%

Key figures of U-PGRADE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to U-PGRADE?

What happened at U-PGRADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: loss of € 347,261. filed late Source: NBB ↗
2026 EDGICA NV became a director. NBB
2026 FL KWADRAAT BV became a director. NBB
Jan 17, 1994 New establishment in Antwerpen. KBO
Dec 9, 1993 Start of the company according to the CBE. KBO

In short

From € 319,390 loss in 2022 to € 347,261 loss in 2025.

Paid out € 400,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FL KWADRAAT 50%

EDGICA 50%

The stake of FL KWADRAAT, EDGICA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

U-PGRADE

Behind U-PGRADE are EDGICA NV and FL KWADRAAT BV. The shares are held by FL KWADRAAT (50%) and EDGICA (50%).

Directors

According to the 2025 annual accounts

EDGICA NV

Director · represented by Eddy Van Arwegen

Also active at: Treft, FRIGAST, IMMO BLOKHUIS, MALINAS PROJECT, NORTH BAY, GFE HOLDING, RESOLVE, Vandenbroeck Logistics

since 2026

FL KWADRAAT BV

Director · represented by Kate Lancksweerd

Also active at: BrossZee

since 2026

Shareholders

FL KWADRAAT

50%

EDGICA

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bosmanslei 26

2018 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.

All companies at this address →

KONTICH REAL ESTATE

€ 2.2 million gross margin · 2025

Treft same network

€ 438,744 gross margin · 2025

LAMMEKEN

€ -2,940 gross margin · 2025

FRIGAST same network

€ 176,588 gross margin · 2025

EDGICA same network

€ 569,644 gross margin · 2025

+12 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.666.840

VAT number

BE 0451.666.840

Registered office

Bosmanslei 26, 2018 Antwerpen

Names & denominations

U-PGRADE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 December 1993

Peppol

Active · Active since 2 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Handel in eigen onroerend goed

Verhuur van niet-residentiële gebouwen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

U-PGRADE

Warning lights

Financials

What happened to U-PGRADE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions