Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
UPGRADE from Liège, company number BE0786701474, closed financial year 2025 with a result of € -5,988 after tax. For that financial year UPGRADE recorded a gross margin of € 93,183 and equity of € 101,297. Compared with financial year 2024, the result moved from € -4,233 to € -5,988. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 101,297
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,988
▼ 41 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,594
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,703.
Debts at end 2025
€ 1.5 million
▲ € 1.4 million vs 2024
€ 45,667 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 220
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,526
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,243 | € -565 | € -3,759 | € 93,183 | ▲ € 96,942 |
| Profit after taxes | € -2,645 | € -837 | € -4,233 | € -5,988 | ▼ € 1,755 |
| Equity | € 7,355 | € 6,518 | € 107,285 | € 101,297 | ▼ 6% |
| Total debts | € 348 | € 220 | € 105,841 | € 1,526,219 | ▲ € 1.4 million |
| Cash | € 7,251 | € 6,108 | € 211,755 | € 1,594 | ▼ 99% |
| Land & buildings | - | - | - | € 1,548,051 | |
| Retained profit | € -2,645 | € -3,482 | € -7,715 | € -13,703 | ▼ € 5,988 |
| Bank debt | € 0 | € 0 | € 105,000 | € 1,501,257 | ▲ € 1.4 million |
| Balance sheet total | € 7,703 | € 6,738 | € 213,126 | € 1,627,516 | ▲ € 1.4 million |
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 31 July 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: loss of € 5,988. Source: NBB ↗
- New establishment in Liège. KBO
- Antoine Dumont became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,645 loss in 2022 to € 5,988 loss in 2025.
Management
Behind UPGRADE is Antoine Dumont. Antoine Dumont is also behind hyno and DMNT.
Establishments
Establishment units
Physical locations of this company
Avenue Rogier 9 box 71
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0786.701.474
- VAT number
- BE 0786.701.474
- Registered office
- Avenue Rogier 9 bus 71, 4000 Liège
- Names & denominations
- UPGRADE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2022
- Peppol
- Not registered