Financials
Financial year 2025
UPGRADE-IT from Mechelen, company number BE0809537848, closed financial year 2025 with a result of € 34,708 after tax. For that financial year UPGRADE-IT recorded a gross margin of € 57,489 and equity of € 179,391. Compared with financial year 2024, the result moved from € 8,064 to € 34,708. 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 October 26, 2025.
€ 179,391
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,708
▲ € 26,644 vs 2024
Profit after tax over the fiscal year.
€ 165,072
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
58 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,484
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,324
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,926
▲ 110% 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 | € 34,974 | € 39,189 | € 25,850 | € 57,489 | ▲ 122% |
| Profit after taxes | € 19,957 | € 19,379 | € 8,064 | € 34,708 | ▲ € 26,644 |
| Equity | € 180,640 | € 177,219 | € 164,683 | € 179,391 | ▲ 9% |
| Total debts | € 57,194 | € 79,648 | € 105,314 | € 78,962 | ▼ 25% |
| Cash | € 140,605 | € 162,373 | € 175,008 | € 165,072 | ▼ 6% |
| Retained profit | € 168,240 | € 164,819 | € 152,283 | € 166,991 | ▲ 10% |
| Dividend | € 39,250 | € 22,800 | € 20,600 | € 20,000 | ▼ 3% |
| Balance sheet total | € 237,834 | € 256,867 | € 269,997 | € 258,353 | ▼ 4% |
Key figures of UPGRADE-IT, 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 October 2026.
What happened to UPGRADE-IT?
What happened at UPGRADE-IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,708 (▲ € 26,644 vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,957 profit in 2022 to € 34,708 profit in 2025.
Paid € 35,599 in corporate taxes since 2022.
Best year ever: 2025, with € 34,708 profit.
Paid out € 102,650 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
Directors
According to the 2025 annual accounts
Jeroen Beullens
Director
Establishments
Establishment units
Physical locations of this company
Auwegemvaart 17 box 104
2800 Mechelen
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Website info
Features
Security
Network
Details
- Company number
- 0809.537.848
- VAT number
- BE 0809.537.848
- Registered office
- Auwegemvaart 17 bus 104, 2800 Mechelen
- Names & denominations
- UPGRADE-IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2009
- Peppol
- Active · Active since 1 Jun 2025
- Contact
- upgrade-it.be
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