Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
UPGRADE INVEST from Kortrijk, company number BE0726495851, closed financial year 2025 with a result of € 33,690 after tax. For that financial year UPGRADE INVEST recorded a gross margin of € 47,317 and equity of € 58. Compared with financial year 2024, the result moved from € -8,896 to € 33,690. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 3, 2026.
€ 58
▲ € 33,690 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,690
▲ still € 8,896 loss in 2024
Profit after tax over the fiscal year.
€ 14,160
▲ € 14,151 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 € -79,942.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,703
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,210
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 | € 149,160 | € 4,757 | € 7,946 | € 47,317 | ▲ € 39,371 |
| Profit after taxes | € 99,464 | € -10,581 | € -8,896 | € 33,690 | ▲ € 42,587 |
| Equity | € -14,154 | € -24,736 | € -33,632 | € 58 | ▲ € 33,690 |
| Total debts | € 198,532 | € 198,497 | € 202,525 | € 14,102 | ▼ 93% |
| Cash | € 8,701 | € 1,308 | € 9 | € 14,160 | ▲ € 14,151 |
| Land & buildings | € 175,677 | € 172,092 | € 168,506 | € 0 | ▼ 100% |
| Retained profit | € -94,154 | € -104,736 | € -113,632 | € -79,942 | ▲ € 33,690 |
| Dividend | € 187,340 | € 0 | € 0 | € 0 | |
| Bank debt | € 173,830 | € 169,393 | € 172,842 | € 0 | ▼ 100% |
| Balance sheet total | € 184,378 | € 173,762 | € 168,893 | € 14,160 | ▼ 92% |
Key figures of UPGRADE INVEST, 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 UPGRADE INVEST?
What happened at UPGRADE INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,690. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,464 profit in 2022 to € 33,690 profit in 2025.
Paid € 21,936 in corporate taxes since 2022.
Best year ever: 2022, with € 99,464 profit.
Paid out € 187,340 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
Behind UPGRADE INVEST is Upgrade Projects BV.
Directors
According to the 2025 annual accounts
Director · represented by Dominique Vanhout
Establishments
Establishment units
Physical locations of this company
Zusters Lovelingstraat(Mar) 25
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0726.495.851
- VAT number
- BE 0726.495.851
- Registered office
- Zusters Lovelingstraat(Mar) 25, 8510 Kortrijk
- Names & denominations
- UPGRADE INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2019
- Peppol
- Not registered