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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Upoffiz | Upliving Ghent – Loop5 from Gent, company number BE0500832675, closed financial year 2025 with a result of € -2.9 million after tax. For that financial year Upoffiz | Upliving Ghent – Loop5 recorded a gross margin of € 2.7 million and equity of € 110.5 million. Compared with financial year 2024, the result moved from € -1.2 million to € -2.9 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 110.5 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.9 million
▼ 137 % more loss than in 2024
Profit after tax over the fiscal year.
€ 68,042
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 663,168
▲ 277% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -16,653 | € -5,186 | € 1,115,392 | € 2,694,549 | ▲ 142% |
| Profit after taxes | € -17,447 | € -7,066 | € -1,204,336 | € -2,858,146 | ▼ € 1.7 million |
| Equity | € 116,152,553 | € 116,145,486 | € 114,941,151 | € 110,456,625 | ▼ 4% |
| Total debts | € 1,500 | € 13,150 | € 322,748 | € 743,001 | ▲ 130% |
| Cash | € 27,295 | € 20,926 | € 2,443,851 | € 68,042 | ▼ 97% |
| Land & buildings | € 114,576,595 | € 114,576,595 | € 112,262,630 | € 106,709,112 | ▼ 5% |
| Retained profit | € 2,466,296 | € 2,459,230 | € 1,254,894 | € -1,603,252 | ▼ € 2.9 million |
| Dividend | € 2,492,015 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 116,154,053 | € 116,158,637 | € 115,263,899 | € 111,199,625 | ▼ 4% |
Key figures of Upoffiz | Upliving Ghent – Loop5, 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 March 2027.
What happened to Upoffiz | Upliving Ghent – Loop5?
What happened at Upoffiz | Upliving Ghent – Loop5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.9 million. Source: NBB ↗
- Els Bossant became a director. NBB
- Kim Cornille became a director. NBB
- Frank De Keyser became a director. NBB
- Upgrade Estate NV became a director. NBB
- Growing-UP BV became a director. NBB
- 421 Concepts CommV became a director. NBB
- New establishment in Gent. KBO
In short
From € 17,447 loss in 2022 to € 2.9 million loss in 2025.
Paid out € 2.5 million in dividends to the owners in total.
Management
Behind Upoffiz | Upliving Ghent – Loop5 are Els Bossant, Kim Cornille, Upgrade Estate NV, Growing-UP BV, 421 Concepts CommV and Frank De Keyser. Kim Cornille is also behind LCP BE DC2. Upgrade Estate NV is also behind Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium and BACKSTAGE²UPKOT. Growing-UP BV is also behind Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium and BACKSTAGE²UPKOT.
Directors
According to the 2025 annual accounts
Els Bossant
Director
since 2025
since 2025
Chairman of the board · represented by Nele Van Damme
Also active at: Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot +19 more
since 2022
Managing director · represented by Koenraad Belsack
Also active at: Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot +18 more
since 2022
Director · represented by Nils Vanhauwaert
Also active at: Timi UpKot, Upliving Ghent - Queen, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot, Hey! Upkot, BAUDELO UPKOT +16 more
since 2022
Frank De Keyser
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2 box 201
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
All companies at this address →UPGRADE ESTATE GROUP
€ 2.7 million gross margin · 2026
WESTATE
€ 40,264 gross margin · 2025
Immostal
€ -50,350 gross margin · 2025
Timi UpKot same network
€ 643,357 gross margin · 2025
10 Upkot same network
€ 289,659 gross margin · 2025
+58 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
- 0500.832.675
- VAT number
- BE 0500.832.675
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- Upoffiz | Upliving Ghent – Loop5
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2012
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
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