UpCo is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 24 October 2019, 1 establishment.

What is the address of UpCo?

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

Is UpCo still active?

Yes. According to the CBE (29 October 2026) UpCo is active, legal situation “Normale toestand”, started on 24 October 2019.

Is UpCo registered on Peppol?

No, UpCo is currently not registered on the Peppol network.

What is the enterprise number of UpCo?

The enterprise number of UpCo is BE0736724995.

When was UpCo founded?

UpCo was founded on 24 October 2019.

Who are the directors of UpCo?

According to the 2025 annual accounts, the directors of UpCo are: Depuydt Family BV, Essensys NV, Veerle Naessens, Deroose Projects NV.

Is UpCo a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 October 2019; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did UpCo make in 2025?

UpCo recorded a loss after taxes of € 83,456 in financial year 2025.

UpCo (Public Limited) - Oostende - BE0736724995

Dossier UpCo, printed on 29 October 2026 from databakkes.be/en/0736724995/upco. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

UpCo from Oostende, company number BE0736724995, closed financial year 2025 with a result of € -83,456 after tax. Compared with financial year 2024, the result moved from € -68,354 to € -83,456. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Healthy

€ 13.6 million

▼ 1% vs 2024

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

Loss Caution

€ -83,456

▼ 22 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 49,612

▲ 77% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 9.1 million.

Debts at end 2025

Bank debt ≈ 3 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.

€ 2.1 million

▼ 27% vs 2024

€ 757,143 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2,804

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,530,000 Revenue 2022: € 1,530,000 First fiscal year in the series	-	€ 0 Revenue 2024: € 0 First fiscal year in the series	-
Gross margin	€ 271,189 Gross margin 2022: € 271,189 First fiscal year in the series	€ 488,028 Gross margin 2023: € 488,028 ▲ 80% vs 2022 (€ 271,189) Favourable step	-	-
Profit after taxes	€ 40,279 Profit after taxes 2022: € 40,279 First fiscal year in the series	€ 28,116 Profit after taxes 2023: € 28,116 ▼ 30% vs 2022 (€ 40,279) Unfavourable step	€ -68,354 Profit after taxes 2024: € -68,354 ▼ € 96,470 vs 2023 (€ 28,116) Unfavourable step	€ -83,456 Profit after taxes 2025: € -83,456 ▼ € 15,103 vs 2024 (€ -68,354) Unfavourable step	▼ € 15,103
Equity	€ 13,771,875 Equity 2022: € 13,771,875 First fiscal year in the series	€ 13,799,992 Equity 2023: € 13,799,992 Unchanged (€ 13,771,875) Favourable step	€ 13,731,638 Equity 2024: € 13,731,638 Unchanged (€ 13,799,992) Unfavourable step	€ 13,648,182 Equity 2025: € 13,648,182 ▼ 1% vs 2024 (€ 13,731,638) Unfavourable step	▼ 1%
Total debts	€ 10,158,604 Total debts 2022: € 10,158,604 First fiscal year in the series	€ 10,327,795 Total debts 2023: € 10,327,795 ▲ 2% vs 2022 (€ 10,158,604) Unfavourable step	€ 10,231,230 Total debts 2024: € 10,231,230 ▼ 1% vs 2023 (€ 10,327,795) Favourable step	€ 10,222,084 Total debts 2025: € 10,222,084 Unchanged (€ 10,231,230) Favourable step
Cash	€ 19,114 Cash 2022: € 19,114 First fiscal year in the series	€ 167,311 Cash 2023: € 167,311 ▲ € 148,197 vs 2022 (€ 19,114) Favourable step	€ 28,039 Cash 2024: € 28,039 ▼ 83% vs 2023 (€ 167,311) Unfavourable step	€ 49,612 Cash 2025: € 49,612 ▲ 77% vs 2024 (€ 28,039) Favourable step	▲ 77%
Retained profit	€ 9,226,875 Retained profit 2022: € 9,226,875 First fiscal year in the series	€ 9,254,992 Retained profit 2023: € 9,254,992 Unchanged (€ 9,226,875) Favourable step	€ 9,186,638 Retained profit 2024: € 9,186,638 ▼ 1% vs 2023 (€ 9,254,992) Unfavourable step	€ 9,103,182 Retained profit 2025: € 9,103,182 ▼ 1% vs 2024 (€ 9,186,638) Unfavourable step	▼ 1%
Bank debt	€ 5,842,857 Bank debt 2022: € 5,842,857 First fiscal year in the series	€ 3,585,714 Bank debt 2023: € 3,585,714 ▼ 39% vs 2022 (€ 5,842,857) Favourable step	€ 2,828,571 Bank debt 2024: € 2,828,571 ▼ 21% vs 2023 (€ 3,585,714) Favourable step	€ 2,071,429 Bank debt 2025: € 2,071,429 ▼ 27% vs 2024 (€ 2,828,571) Favourable step	▼ 27%
Balance sheet total	€ 23,930,479 Balance sheet total 2022: € 23,930,479 First fiscal year in the series	€ 24,127,786 Balance sheet total 2023: € 24,127,786 ▲ 1% vs 2022 (€ 23,930,479) Unchanged	€ 23,962,868 Balance sheet total 2024: € 23,962,868 ▼ 1% vs 2023 (€ 24,127,786) Unchanged	€ 23,870,265 Balance sheet total 2025: € 23,870,265 Unchanged (€ 23,962,868) Unchanged

Key figures of UpCo, 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 UpCo?

What happened at UpCo 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: loss of € 83,456. 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 € 40,279 profit in 2022 to € 83,456 loss in 2025.

Best year ever: 2022, with € 40,279 profit.

Pays suppliers within 78 days on average.

Original PDFs at the National Bank ↗

Management

Fresh Food Group 100%

G. Depuydt 10%

The stake of Fresh Food Group, G. Depuydt comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

UpCo

UpREstate 100%

UpFresh 100%

The shares are held by Fresh Food Group (100%) and G. Depuydt (10%). It owns 100% of UpREstate and 100% of UpFresh itself.