Financials
Financial year 2025
upperkey from Mechelen, company number BE0649555847, closed financial year 2025 with a result of € 45,864 after tax. For that financial year upperkey recorded a gross margin of € 67,110 and equity of € 18,550. Compared with financial year 2024, the result moved from € 28,475 to € 45,864. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2026.
€ 18,550
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,864
▲ 61% vs 2024
Profit after tax over the fiscal year.
€ 81,818
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 46,031 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 85
▼ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 114
▼ 76% vs 2024
Loans from banks and other lenders, long and short.
€ 2,521
▲ 150% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,573
▲ 10% 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 | € 35,482 | € 33,270 | € 46,054 | € 67,110 | ▲ 46% |
| Profit after taxes | € 10,665 | € 19,920 | € 28,475 | € 45,864 | ▲ 61% |
| Equity | € 21,322 | € 19,242 | € 18,717 | € 18,550 | ▼ 1% |
| Total debts | € 150,275 | € 138,949 | € 56,643 | € 99,817 | ▲ 76% |
| Cash | € 140,387 | € 133,044 | € 52,893 | € 81,818 | ▲ 55% |
| Land & buildings | € 4,791 | € 4,251 | € 3,712 | € 3,172 | ▼ 15% |
| Retained profit | € 2,772 | € 692 | € 167 | € 0 | ▼ 100% |
| Dividend | € 12,000 | € 22,000 | € 29,000 | € 46,031 | ▲ 59% |
| Bank debt | € 0 | € 67 | € 481 | € 114 | ▼ 76% |
| Balance sheet total | € 171,597 | € 158,191 | € 75,360 | € 118,367 | ▲ 57% |
Key figures of upperkey, 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 upperkey?
What happened at upperkey in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,864 (▲ 61% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,665 profit in 2022 to € 45,864 profit in 2025.
Paid € 29,576 in corporate taxes since 2022.
Best year ever: 2025, with € 45,864 profit.
Paid out € 109,031 in dividends to the owners in total.
Management
Behind upperkey is Karim Daghay.
Directors
According to the 2025 annual accounts
Karim Daghay
Director
Establishments
Establishment units
Physical locations of this company
Sint-Lambertuslaan(MZN) 88
2812 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0649.555.847
- VAT number
- BE 0649.555.847
- Registered office
- Sint-Lambertuslaan(MZN) 88, 2812 Mechelen
- Names & denominations
- upperkey
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2016
- Peppol
- Active · Active since 1 Jan 2001
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