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 2025 and 2026.
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Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
TAPAZZ from Gent, company number BE0559897361, closed financial year 2026 with a result of € -3,065 after tax. For that financial year TAPAZZ recorded a gross margin of € -2,208 and equity of € 6,949. Compared with financial year 2025, the result moved from € -3,716 to € -3,065. The company made a loss. The buffer shrank hard: equity is 97 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 6,949
▼ 97% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,065
▲ 18 % less loss than in 2025
Profit after tax over the fiscal year.
€ 8,014
▼ 25% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -283,551.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 35,044 | € 42,482 | € -2,818 | € -2,208 | ▲ € 611 |
| Profit after taxes | € -62,937 | € -141,015 | € -3,716 | € -3,065 | ▲ € 651 |
| Equity | € 384,745 | € 243,729 | € 240,014 | € 6,949 | ▼ 97% |
| Total debts | € 290,808 | € 1,038,178 | € 1,112 | € 1,065 | ▼ 4% |
| Cash | € 16,392 | € 56,086 | € 10,752 | € 8,014 | ▼ 25% |
| Retained profit | € -135,755 | € -276,771 | € -280,486 | € -283,551 | ▼ € 3,065 |
| Balance sheet total | € 675,552 | € 1,281,907 | € 241,126 | € 8,014 | ▼ 97% |
Key figures of TAPAZZ, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TAPAZZ?
What happened at TAPAZZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 3,065. Source: NBB ↗
- Upgrade Estate NV became a director. NBB
- UPscale BV became a director. NBB
- 421 Concepts CommV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,937 loss in 2023 to € 3,065 loss in 2026.
Management
Behind TAPAZZ are Upgrade Estate NV, UPscale BV and 421 Concepts CommV. Upgrade Estate NV is also behind Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium and BACKSTAGE²UPKOT. UPscale BV is also behind Gandia, VDB-CONCEPT, ALICE IMMO and IMMO BERTRAND. 421 Concepts CommV is also behind Timi UpKot, Upliving Ghent - Queen, BACKSTAGE²UPKOT, Wing Upkot and Field Upkot.
Directors
According to the 2026 annual accounts
Director · 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 2020
Director · represented by Koenraad Belsack
Also active at: Gandia, VDB-CONCEPT, ALICE IMMO, IMMO BERTRAND
since 2020
Director · represented by Nils Vanhauwaert
Also active at: Timi UpKot, Upliving Ghent - Queen, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot, Upoffiz | Upliving Ghent – Loop5, Hey! Upkot +16 more
since 2020
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
- 0559.897.361
- VAT number
- BE 0559.897.361
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- TAPAZZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 2014
- Peppol
- Active · Active since 22 May 2025