Financials
Financial year 2025
UPCOM from Etterbeek, company number BE0460714168, closed financial year 2025 with a result of € 12,194 after tax. For that financial year UPCOM recorded revenue of € 324,183 and equity of € 84,562. Compared with financial year 2024, the result moved from € 14,874 to € 12,194. The company is profitable. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 84,562
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,194
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 1,983
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.2
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 289,228
▲ 46% vs 2024
€ 68,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,452
▲ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,835
▲ 72% vs 2024
Loans from banks and other lenders, long and short.
€ 64,330
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 174 days on average.
€ 46,476
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 287,158 | € 324,183 | ▲ 13% |
| Gross margin | € 316,141 | € 209,687 | - | - | |
| Profit after taxes | € 42,201 | € 18,911 | € 14,874 | € 12,194 | ▼ 18% |
| Equity | € 188,582 | € 207,493 | € 222,367 | € 84,562 | ▼ 62% |
| Total debts | € 370,092 | € 295,682 | € 137,425 | € 487,057 | ▲ 254% |
| Cash | € 20,466 | € 91,885 | € 30,377 | € 1,983 | ▼ 93% |
| Retained profit | € 176,182 | € 195,093 | € 209,967 | € 72,162 | ▼ 66% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Bank debt | € 1,605 | € 518 | € 2,815 | € 4,835 | ▲ 72% |
| Balance sheet total | € 558,674 | € 503,175 | € 359,793 | € 571,618 | ▲ 59% |
| Employees (FTE) | - | 2.3 | 2.8 | 4.2 | ▲ 1.4 |
Key figures of UPCOM, 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 UPCOM?
What happened at UPCOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,194 (▼ 18% vs 2024). filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,201 profit in 2022 to € 12,194 profit in 2025.
Paid € 24,968 in corporate taxes since 2022.
Best year ever: 2022, with € 42,201 profit.
On average € 91,200 of value added per employee in 2023.
A new publication or filing at UPCOM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Kostas Flokos
Director
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 16
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0460.714.168
- VAT number
- BE 0460.714.168
- Registered office
- Louis Schmidtlaan 16, 1040 Etterbeek
- Names & denominations
- UPCOM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1997
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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