Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
UPDATE from Dessel, company number BE0466242871, closed financial year 2025 with a result of € -57,679 after tax. For that financial year UPDATE recorded a gross margin of € -39,854 and equity of € -5,381. Compared with financial year 2024, the result moved from € -2,103 to € -57,679. 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 June 16, 2026.
€ -5,381
▼ € 57,679 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,679
▼ 2642 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,586.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 170
▲ 27% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
€ 36,748
▼ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 57,404
▲ 219% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,644
▲ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,921 | € 75,441 | € 18,434 | € -39,854 | ▼ € 58,289 |
| Profit after taxes | € 13,883 | € -1,614 | € -2,103 | € -57,679 | ▼ € 55,576 |
| Equity | € 56,015 | € 54,401 | € 52,298 | € -5,381 | ▼ € 57,679 |
| Total debts | € 122,925 | € 137,849 | € 97,770 | € 128,796 | ▲ 32% |
| Land & buildings | € 13,530 | € 11,501 | € 9,472 | € 7,455 | ▼ 21% |
| Retained profit | € 49,810 | € 48,196 | € 46,093 | € -11,586 | ▼ € 57,679 |
| Bank debt | € 49,136 | € 57,209 | € 46,567 | € 36,748 | ▼ 21% |
| Balance sheet total | € 178,940 | € 192,251 | € 150,068 | € 123,415 | ▼ 18% |
| Employees (FTE) | 0.9 | 0.7 | - | - |
Key figures of UPDATE, 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 UPDATE?
What happened at UPDATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,679. Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,883 profit in 2022 to € 57,679 loss in 2025.
Paid € 12,455 in corporate taxes since 2022.
Best year ever: 2022, with € 13,883 profit.
Management
Behind UPDATE is Birte Swerts.
Directors
According to the 2025 annual accounts
Birte Swerts
Director
Establishments
Establishment units
Physical locations of this company
Zandvliet 108
2480 Dessel
Parklaan 26 box 4
2300 Turnhout
Active since 8 May 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.242.871
- VAT number
- BE 0466.242.871
- Registered office
- Zandvliet 108, 2480 Dessel
- Names & denominations
- UPDATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1999
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in schoeisel
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)