Financials
Financial year 2025
UPGRADE from Harelbeke, company number BE0753585674, closed financial year 2025 with a result of € 4,542 after tax. For that financial year UPGRADE recorded a gross margin of € 36,092 and equity of € 135,477. Compared with financial year 2024, the result moved from € -11,830 to € 4,542. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 19, 2026.
€ 135,477
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,542
▲ still € 11,830 loss in 2024
Profit after tax over the fiscal year.
€ 15,889
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,718 paid out
38 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 33,136
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 109,304
▼ 12% vs 2024
€ 15,708 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 100,699
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 515
▲ 173% vs 2024
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 | € 106,111 | € 120,496 | € 14,531 | € 36,092 | ▲ 148% |
| Profit after taxes | € 67,190 | € 73,294 | € -11,830 | € 4,542 | ▲ € 16,371 |
| Equity | € 71,190 | € 144,484 | € 132,654 | € 135,477 | ▲ 2% |
| Total debts | € 145,316 | € 282,698 | € 190,403 | € 211,721 | ▲ 11% |
| Cash | € 4,478 | € 49,263 | € 11,005 | € 15,889 | ▲ 44% |
| Land & buildings | - | € 4,194 | € 3,897 | € 3,601 | ▼ 8% |
| Retained profit | € 67,190 | € 140,484 | € 128,654 | € 131,477 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 1,718 | |
| Bank debt | € 114,441 | € 140,016 | € 124,778 | € 109,304 | ▼ 12% |
| Balance sheet total | € 216,506 | € 427,182 | € 323,057 | € 347,198 | ▲ 7% |
Key figures of UPGRADE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to UPGRADE?
What happened at UPGRADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,542. Source: NBB ↗
- New establishment in Harelbeke. KBO
- Yannick VLEIRICK became a director. NBB
- Iness Ben Ali became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 67,190 profit in 2022 to € 4,542 profit in 2025.
Paid € 54,379 in corporate taxes since 2022.
Best year ever: 2023, with € 73,294 profit.
Paid out € 1,718 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 are Yannick VLEIRICK and Iness Ben Ali.
Directors
According to the 2025 annual accounts
Yannick VLEIRICK
Bestuurder
since 2020
Iness Ben Ali
Bestuurder
since 2020
Establishments
Establishment units
Physical locations of this company
Europastraat 7
8531 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0753.585.674
- VAT number
- BE 0753.585.674
- Registered office
- Europastraat 7, 8531 Harelbeke
- Names & denominations
- UPGRADE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2020
- Peppol
- Active · Active since 20 Mar 2025
- Activities · NACE
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