Financials
Financial year 2025
UPSTAIRS OOSTENDE PATRIMONIUM from Oostende, company number BE0677727023, closed financial year 2025 with a result of € 100,046 after tax. For that financial year UPSTAIRS OOSTENDE PATRIMONIUM recorded a gross margin of € 800,615 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 69,502 to € 100,046. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 2.9 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 100,046
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 41,101
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 135,087.
People and assets in 2025
€ 20,989
▲ 92% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▼ 10% vs 2024
€ 473,833 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 128
▼ € 70,614 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,379
▲ 133% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 746,400 | € 673,263 | € 742,327 | € 800,615 | ▲ 8% |
| Profit after taxes | € 169,050 | € 37,878 | € 69,502 | € 100,046 | ▲ 44% |
| Equity | € 2,860,161 | € 2,898,039 | € 2,817,541 | € 2,917,587 | ▲ 4% |
| Total debts | € 6,089,568 | € 6,939,330 | € 6,544,380 | € 5,570,319 | ▼ 15% |
| Cash | € 41,966 | € 25,801 | € 120,344 | € 41,101 | ▼ 66% |
| Land & buildings | € 7,284,525 | € 7,267,887 | € 7,023,487 | € 6,630,147 | ▼ 6% |
| Retained profit | € 77,661 | € 115,539 | € 35,041 | € 135,087 | ▲ 286% |
| Dividend | € 0 | € 0 | € 150,000 | € 0 | ▼ 100% |
| Bank debt | € 4,396,991 | € 4,246,210 | € 4,039,199 | € 3,647,329 | ▼ 10% |
| Balance sheet total | € 8,949,729 | € 9,837,369 | € 9,361,921 | € 8,487,906 | ▼ 9% |
Key figures of UPSTAIRS OOSTENDE PATRIMONIUM, 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 UPSTAIRS OOSTENDE PATRIMONIUM?
What happened at UPSTAIRS OOSTENDE PATRIMONIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 100,046 (▲ 44% vs 2024). Source: NBB ↗
- Hôtel Impérial NV became a director. NBB
- Depoorter Immobiliën NV became a director. NBB
- New establishment in Oostende. KBO
- Vercaemst BV became a director. NBB
- Belcoast Holding BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 169,050 profit in 2022 to € 100,046 profit in 2025.
Paid € 45,379 in corporate taxes since 2022.
Best year ever: 2022, with € 169,050 profit.
Paid out € 150,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BELCOAST HOLDING, VERCAEMST, DEPOORTER IMMOBILIEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UPSTAIRS OOSTENDE PATRIMONIUMBehind UPSTAIRS OOSTENDE PATRIMONIUM are Hôtel Impérial NV, Vercaemst BV, Belcoast Holding BV and Depoorter Immobiliën NV. The shares are held by BELCOAST HOLDING (25%), VERCAEMST (25%) and DEPOORTER IMMOBILIEN (10%).
Directors
According to the 2025 annual accounts
Director · represented by Inge Decuypere
since 2024
Director · represented by Xavier Vercaemst
Also active at: HOTEL HELIOS PATRIMONIUM, ACCENT Hotels, ANDROMEDA INVEST, WESTHELLING, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE UITBATING, HOTEL INVESTMENT FUND +5 more
since 2017
Director · represented by Jan Dobbelaere
Also active at: Belcoast Holidays, HOTEL HELIOS INVEST, HOTEL INVESTMENT FUND, CONTINENTAL DE PANNE UITBATING, SKY HOTEL REAL ESTATE, BRICKS INVEST, BELCOAST HOLIDAY HOMES, OSTENDIAN +1 more
since 2017
Director · represented by Charles Depoorter
Also active at: Andromeda Hotel, HOTEL HELIOS PATRIMONIUM, BOUQUET, ANDROMEDA INVEST, WESTHELLING, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE UITBATING +3 more
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hertstraat 15
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.727.023
- VAT number
- BE 0677.727.023
- Registered office
- Hertstraat 15, 8400 Oostende
- Names & denominations
- UPSTAIRS OOSTENDE PATRIMONIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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