Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
62 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Do Upkot from Gent, company number BE0702784301, closed financial year 2024 with a result of € -181,185 after tax. For that financial year Do Upkot recorded a gross margin of € -9,829 and equity of € 1.2 million. Compared with financial year 2023, the result moved from € -184,582 to € -181,185. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ 1.2 million
▲ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -181,185
▲ 2 % less loss than in 2023
Profit after tax over the fiscal year.
€ 9,170
▼ 67% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 438,965 | € -12,091 | € -48,661 | € -9,829 | ▲ € 38,832 |
| Profit after taxes | € 282,814 | € -93,917 | € -184,582 | € -181,185 | ▲ € 3,397 |
| Equity | € 1,258,954 | € 1,165,036 | € 980,454 | € 1,157,043 | ▲ 18% |
| Total debts | € 1,508,804 | € 3,833,933 | € 4,024,224 | € 3,028,644 | ▼ 25% |
| Cash | € 73,012 | € 127,251 | € 27,739 | € 9,170 | ▼ 67% |
| Land & buildings | € 1,696,910 | € 3,862,125 | € 4,316,814 | € 4,176,517 | ▼ 3% |
| Retained profit | € 1,237,228 | € 1,143,311 | € 958,729 | € 1,135,317 | ▲ 18% |
| Balance sheet total | € 3,177,303 | € 5,398,161 | € 5,393,515 | € 4,185,687 | ▼ 22% |
Key figures of Do Upkot, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Do Upkot?
What happened at Do Upkot in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 181,185. Source: NBB ↗
- UPscale BV 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 € 282,814 profit in 2021 to € 181,185 loss in 2024.
Paid € 2,150 in corporate taxes since 2021.
Best year ever: 2021, with € 282,814 profit.
A new publication or filing at Do Upkot? We notify you, reason included.
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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 ALFASUR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Do UpkotBehind Do Upkot are UPscale BV and Koenraad Belsack. The shares are held by ALFASUR.
Directors
According to the 2024 annual accounts
Director · represented by Nele VAN DAMME
Also active at: Gandia, VDB-CONCEPT, TAPAZZ, ALICE IMMO
since 2023
Koenraad Belsack
Director
Also active at: UPGRADE ESTATE GROUP, TER DOENAERT, WESTATE, HOTEL SAINT - SAUVEUR, Timi UpKot, 10 Upkot, Gandia, Upliving Ghent - Queen +45 more
since 2023
Shareholders
Participations
No participations in other companies reported.
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 62 companies are registered at this address.
All companies 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
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.784.301
- VAT number
- BE 0702.784.301
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- Do Upkot
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2018
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
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