Financials
Financial year 2025
Gross margin
€ 1,069
▼ 78% vs 2024
Profit
Growing€ 1.1 million
▲ 37% vs 2024
Debts
Low€ 14.9 million
▲ 1025% vs 2024
Growing-UP from Gent, company number BE0466421332, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Growing-UP recorded a gross margin of € 1,069 and equity of € 33.1 million. Compared with financial year 2024, the result moved from € 777,510 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
What happened at Growing-UP?
What happened at Growing-UP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 37% vs 2024). Source: NBB ↗
- Nele Van Damme became a director. NBB
- Koenraad Belsack became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.4 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 123,623 in corporate taxes since 2022.
Best year ever: 2022, with € 3.4 million profit.
Paid out € 33.4 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind Growing-UP are Nele Van Damme and Koenraad Belsack. The same people are also behind UPGRADE ESTATE GROUP, HOTEL SAINT - SAUVEUR, Timi UpKot, 10 Upkot and Gandia.
Directors
According to the 2025 annual accounts
Nele Van Damme
Managing director
Also active at: UPGRADE ESTATE GROUP, HOTEL SAINT - SAUVEUR, Timi UpKot +43 more
since 2023
Koenraad Belsack
Managing director
Also active at: UPGRADE ESTATE GROUP, TER DOENAERT, WESTATE +50 more
since 2020
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2 box 201
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
UPGRADE ESTATE GROUP same network
€ 3 million gross margin · 2025
WESTATE same network
€ 40,264 gross margin · 2025
Timi UpKot same network
€ 643,357 gross margin · 2025
10 Upkot same network
€ 289,659 gross margin · 2025
Gandia same network
€ 43,171 gross margin · 2025
+57 more
Details
- Company number
- 0466.421.332
- VAT number
- BE 0466.421.332
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- Growing-UP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1999
- Peppol
- Active · Active since 22 May 2025