Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
Gross margin
€ -7,899
▲ 32% vs 2024
Profit
Caution€ -39,298
▼ 48% vs 2024
Debts
High€ 387,982
▲ 52% vs 2024
ARE P0108 from Gent, company number BE0793510676, closed financial year 2025 with a result of € -39,298 after tax. For that financial year ARE P0108 recorded a gross margin of € -7,899 and equity of € -61,894. Compared with financial year 2024, the result moved from € -26,596 to € -39,298. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2025.
What happened at ARE P0108?
What happened at ARE P0108 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,298. Source: NBB ↗
- Upgrade Estate Group BV BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- MVE-Consulting BV BV became a director. NBB
- Koenraad Belsack became a director. NBB
- Le Consulting BV BV became a director. NBB
In short
From € 26,596 loss in 2024 to € 39,298 loss in 2025.
A new publication or filing at ARE P0108? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind ARE P0108 are Upgrade Estate Group BV BV, MVE-Consulting BV BV, Koenraad Belsack and Le Consulting BV BV. The same people are also behind WUU P0147, GRO P0130, UPGRADE ESTATE, LIMOENGROEN and Storm 76.
Directors
According to the 2025 annual accounts
Director · represented by Nele VAN DAMME
Also active at: WUU P0147, GRO P0130, UPGRADE ESTATE +1 more
since 2023
Director · represented by Maarten VANDENDRIESSCHE
since 2022
Koenraad Belsack
Managing director
Also active at: UPGRADE ESTATE GROUP, TER DOENAERT, WESTATE +50 more
since 2022
Director · represented by Lanseloet ERBUER
since 2022
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2 box 201
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
UPGRADE ESTATE GROUP same network
€ 3 million gross margin · 2025
WESTATE same network
€ 40,264 gross margin · 2025
Timi UpKot same network
€ 643,357 gross margin · 2025
10 Upkot same network
€ 289,659 gross margin · 2025
Gandia same network
€ 43,171 gross margin · 2025
+57 more
Details
- Company number
- 0793.510.676
- VAT number
- BE 0793.510.676
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- ARE P0108
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2022
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Productie van elektriciteit uit hernieuwbare bronnen