Financials
Financial year 2026
UPVEST from Gent, company number BE0744708887, closed financial year 2026 with a result of € 54,173 after tax. For that financial year UPVEST recorded a gross margin of € 112,559 and equity of € 52,750. Compared with financial year 2025, the result moved from € 48,320 to € 54,173. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 52,750
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,173
▲ 12% vs 2025
Profit after tax over the fiscal year.
€ 64,929
▲ 40% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 54,173 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,246
▲ € 2,598 vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1,130
▼ 66% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 7,411
▲ 111% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 113,953 | € 71,504 | € 93,327 | € 112,559 | ▲ 21% |
| Profit after taxes | € 111,890 | € 2,558,165 | € 48,320 | € 54,173 | ▲ 12% |
| Equity | € 52,823 | € 52,750 | € 52,750 | € 52,750 | |
| Total debts | € 174,869 | € 114,324 | € 60,745 | € 115,559 | ▲ 90% |
| Cash | € 94,477 | € 114,720 | € 46,511 | € 64,929 | ▲ 40% |
| Retained profit | € 51,823 | € 51,750 | € 51,750 | € 51,750 | |
| Dividend | € 112,000 | € 2,558,237 | € 48,320 | € 54,173 | ▲ 12% |
| Bank debt | € 33,639 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 227,692 | € 167,074 | € 129,495 | € 168,309 | ▲ 30% |
Key figures of UPVEST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to UPVEST?
What happened at UPVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 54,173 (▲ 12% vs 2025). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,890 profit in 2023 to € 54,173 profit in 2026.
Paid € 100,207 in corporate taxes since 2023.
Best year ever: 2024, with € 2.6 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
Behind UPVEST is Cédric Vercamer. It owns 35% of Masinope BV itself.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Luchterenkerkweg 103
9031 Gent
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
- 0744.708.887
- VAT number
- BE 0744.708.887
- Registered office
- Luchterenkerkweg 103, 9031 Gent
- Names & denominations
- UPVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2020
- Peppol
- Active · Active since 20 Dec 2024
- Activities · NACE
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