What does UpREstate do?

UpREstate is a property company in Oostende. Public Limited, started on 26 September 2018, 1 establishment.

What is the address of UpREstate?

The registered office of UpREstate is located at Zandvoordestraat 370, 8400 Oostende.

Is UpREstate still active?

Yes. According to the CBE (29 October 2026) UpREstate is active, legal situation “Normale toestand”, started on 26 September 2018.

Is UpREstate registered on Peppol?

Yes, UpREstate is registered on the Peppol network with ID 0208:0705846036.

What is the enterprise number of UpREstate?

The enterprise number of UpREstate is BE0705846036.

When was UpREstate founded?

UpREstate was founded on 26 September 2018.

Who are the directors of UpREstate?

According to the 2025 annual accounts, the directors of UpREstate are: DEPUYDT FAMILY BV, ESSENSYS NV, Veerle Naessens, DEROOSE PROJECTS NV.

Is UpREstate a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 September 2018; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did UpREstate make in 2025?

UpREstate posted a profit after taxes of € 80,549 in financial year 2025.

What is the revenue of UpREstate?

In its most recent annual accounts (2025), UpREstate reported revenue of € 3,431,201.

UpREstate (Public Limited) - Oostende - BE0705846036

Dossier UpREstate, printed on 29 October 2026 from databakkes.be/en/0705846036/uprestate. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

UpREstate from Oostende, company number BE0705846036, closed financial year 2025 with a result of € 80,549 after tax. For that financial year UpREstate recorded revenue of € 3.4 million and equity of € 6.8 million. Compared with financial year 2024, the result moved from € 87,200 to € 80,549. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Growing

€ 6.8 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 80,549

▼ 8% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 727,688

▼ 76% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 6.7 million.

Debts at end 2025

Bank debt ≈ 15 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 30.3 million

▲ 4% vs 2024

€ 2 million is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 212,371

▼ 90% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 110 days on average.

Taxes

€ 34,128

▲ € 29,745 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 422,664 Revenue 2022: € 422,664 First fiscal year in the series	€ 422,664 Revenue 2023: € 422,664 Unchanged (€ 422,664) Unchanged	€ 1,625,192 Revenue 2024: € 1,625,192 ▲ 285% vs 2023 (€ 422,664) Favourable step	€ 3,431,201 Revenue 2025: € 3,431,201 ▲ 111% vs 2024 (€ 1,625,192) Favourable step	▲ 111%
Profit after taxes	€ 67,276 Profit after taxes 2022: € 67,276 First fiscal year in the series	€ 68,597 Profit after taxes 2023: € 68,597 ▲ 2% vs 2022 (€ 67,276) Favourable step	€ 87,200 Profit after taxes 2024: € 87,200 ▲ 27% vs 2023 (€ 68,597) Favourable step	€ 80,549 Profit after taxes 2025: € 80,549 ▼ 8% vs 2024 (€ 87,200) Unfavourable step	▼ 8%
Equity	€ 6,504,972 Equity 2022: € 6,504,972 First fiscal year in the series	€ 6,573,570 Equity 2023: € 6,573,570 ▲ 1% vs 2022 (€ 6,504,972) Favourable step	€ 6,680,432 Equity 2024: € 6,680,432 ▲ 2% vs 2023 (€ 6,573,570) Favourable step	€ 6,755,315 Equity 2025: € 6,755,315 ▲ 1% vs 2024 (€ 6,680,432) Favourable step	▲ 1%
Total debts	€ 16,044,365 Total debts 2022: € 16,044,365 First fiscal year in the series	€ 20,496,526 Total debts 2023: € 20,496,526 ▲ 28% vs 2022 (€ 16,044,365) Unfavourable step	€ 31,442,063 Total debts 2024: € 31,442,063 ▲ 53% vs 2023 (€ 20,496,526) Unfavourable step	€ 30,574,045 Total debts 2025: € 30,574,045 ▼ 3% vs 2024 (€ 31,442,063) Favourable step	▼ 3%
Cash	€ 877,877 Cash 2022: € 877,877 First fiscal year in the series	€ 86,888 Cash 2023: € 86,888 ▼ 90% vs 2022 (€ 877,877) Unfavourable step	€ 3,061,991 Cash 2024: € 3,061,991 ▲ € 3 million vs 2023 (€ 86,888) Favourable step	€ 727,688 Cash 2025: € 727,688 ▼ 76% vs 2024 (€ 3,061,991) Unfavourable step	▼ 76%
Land & buildings	€ 1,599,693 Land & buildings 2022: € 1,599,693 First fiscal year in the series	€ 1,407,144 Land & buildings 2023: € 1,407,144 ▼ 12% vs 2022 (€ 1,599,693) Unchanged	€ 12,859,542 Land & buildings 2024: € 12,859,542 ▲ € 11.5 million vs 2023 (€ 1,407,144) Unchanged	€ 13,383,784 Land & buildings 2025: € 13,383,784 ▲ 4% vs 2024 (€ 12,859,542) Unchanged	▲ 4%
Retained profit	€ 6,424,771 Retained profit 2022: € 6,424,771 First fiscal year in the series	€ 6,493,368 Retained profit 2023: € 6,493,368 ▲ 1% vs 2022 (€ 6,424,771) Favourable step	€ 6,580,568 Retained profit 2024: € 6,580,568 ▲ 1% vs 2023 (€ 6,493,368) Favourable step	€ 6,661,117 Retained profit 2025: € 6,661,117 ▲ 1% vs 2024 (€ 6,580,568) Favourable step	▲ 1%
Bank debt	€ 12,496,867 Bank debt 2022: € 12,496,867 First fiscal year in the series	€ 20,000,000 Bank debt 2023: € 20,000,000 ▲ 60% vs 2022 (€ 12,496,867) Unfavourable step	€ 29,196,956 Bank debt 2024: € 29,196,956 ▲ 46% vs 2023 (€ 20,000,000) Unfavourable step	€ 30,305,744 Bank debt 2025: € 30,305,744 ▲ 4% vs 2024 (€ 29,196,956) Unfavourable step	▲ 4%
Balance sheet total	€ 22,549,337 Balance sheet total 2022: € 22,549,337 First fiscal year in the series	€ 27,070,096 Balance sheet total 2023: € 27,070,096 ▲ 20% vs 2022 (€ 22,549,337) Unchanged	€ 38,122,496 Balance sheet total 2024: € 38,122,496 ▲ 41% vs 2023 (€ 27,070,096) Unchanged	€ 37,334,026 Balance sheet total 2025: € 37,334,026 ▼ 2% vs 2024 (€ 38,122,496) Unchanged	▼ 2%

Key figures of UpREstate, 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 UpREstate?

What happened at UpREstate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 DEPUYDT FAMILY BV stepped down as director. NBB
2029 Veerle Naessens stepped down as director. NBB
2029 DEROOSE PROJECTS NV stepped down as director. NBB
2026 ESSENSYS NV stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: profit of € 80,549 (▼ 8% vs 2024). Source: NBB ↗
2023 DEPUYDT FAMILY BV became a director. NBB
2023 ESSENSYS NV became a director. NBB
2023 Veerle Naessens became a director. NBB

In short

From € 67,276 profit in 2022 to € 80,549 profit in 2025.

Paid € 59,843 in corporate taxes since 2022.

Best year ever: 2024, with € 87,200 profit.

Pays suppliers within 110 days on average.

Original PDFs at the National Bank ↗

Management

UpCo 100%

The stake of UpCo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

UpREstate

The shares are held by UpCo (100%).

Directors

According to the 2025 annual accounts

DEPUYDT FAMILY BV

Director · represented by Kurt Depuydt

Also active at: UpFresh, FRANKY, UpLog, UpCo, Fresh Food Group, TRANSFRA

since 2023 · until 2029

ESSENSYS NV

Director · represented by Dirk Van Lerberghe

Also active at: UpFresh, FRANKY, UpLog, UpCo, RoCa Invest I, RoCa Invest II, Fresh Food Group, TRANSFRA +5 more

since 2023 · until 2026

Veerle Naessens

Director

Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +50 more

since 2023 · until 2029

DEROOSE PROJECTS NV

Director · represented by Dirk Deroose

Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more

since 2023 · until 2029

Shareholders

UpCo

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zandvoordestraat 370

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

UpFresh same network

€ 138.6 million revenue · 2025

UpLog same network

€ 7.7 million revenue · 2025

UpCo same network

DEPUYDT FAMILY same network

€ -8,868 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0705.846.036

VAT number

BE 0705.846.036

Registered office

Zandvoordestraat 370, 8400 Oostende

Names & denominations

UpREstate

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 September 2018

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

UpREstate

Warning lights

Financials

What happened to UpREstate?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions