Financials
Financial year 2025
Upignac Group from Eghezée, company number BE0866239593, closed financial year 2025 with a result of € -7 million after tax. For that financial year Upignac Group recorded revenue of € 2.2 million and equity of € 24.4 million. Compared with financial year 2024, the result moved from € 122,616 to € -7 million. The company made a loss. 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 May 27, 2026.
€ 24.4 million
▲ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7 million
▼ still € 122,616 profit in 2024
Profit after tax over the fiscal year.
€ 346,688
▲ € 299,404 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.1 million.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 493,419
▲ 56% vs 2024
€ 123,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 55,524
▼ 20% vs 2024
Of which on lease € 33,193.
Debts at end 2025
€ 6.1 million
▼ 37% vs 2024
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 286,434
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 80,166
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 959,007 | € 1,362,919 | € 2,221,006 | ▲ 63% |
| Profit after taxes | € -644,917 | € 78,556 | € 122,616 | € -6,989,737 | ▼ € 7.1 million |
| Equity | € 14,208,334 | € 14,286,889 | € 14,409,506 | € 24,419,769 | ▲ 69% |
| Total debts | € 13,575,401 | € 14,623,232 | € 14,939,057 | € 10,422,903 | ▼ 30% |
| Cash | € 7,172 | € 116,422 | € 47,284 | € 346,688 | ▲ € 299,404 |
| Retained profit | € -354,283 | € -275,728 | € -153,111 | € -7,142,848 | ▼ € 7 million |
| Bank debt | € 11,561,255 | € 10,633,118 | € 9,701,466 | € 6,099,731 | ▼ 37% |
| Balance sheet total | € 27,783,734 | € 28,910,122 | € 29,348,563 | € 34,842,672 | ▲ 19% |
| Employees (FTE) | - | 3.4 | 4 | 4 |
Key figures of Upignac Group, 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 April 2027.
What happened to Upignac Group?
What happened at Upignac Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thibaut Petit stepped down as director. NBB
- SPARAXIS stepped down as director. NBB
- Maximilien Petit stepped down as director. NBB
- Xavier Gaudio stepped down as director. NBB
- Anne Petit stepped down as director. NBB
- Michel Petit stepped down as director. NBB
- Louis Greindl stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7 million (▼ € 7.1 million vs 2024). filed late Source: NBB ↗
In short
From € 644,917 loss in 2022 to € 7 million loss in 2025.
Paid € 3,366 in corporate taxes since 2022.
Best year ever: 2024, with € 122,616 profit.
Pays suppliers within 74 days on average.
Management
The stake of GOURMET FOOD COLLECTION, Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Upignac GroupThe shares are held by GOURMET FOOD COLLECTION (75%) and Wallonie Entreprendre (25%). It owns 100% of La table d'Upignac SRL, 100% of Ardenne Volaille SA, 100% of UPIGNAC SA and 100% of Exploitation de vergers hesbignons SRL itself.
Directors
According to the 2025 annual accounts
Xavier Gaudio
Director
since 2024 · until 2028
Anne Petit
Director
since 2024 · until 2028
Michel Petit
Managing director
since 2024 · until 2028
Thibaut Petit
Director
Also active at: EXPLOITATION DE VERGERS HESBIGNONS, TCO Service, ARDENNE VOLAILLE, LA CUISINE DES CHAMPS, PTF MANAGEMENT, COQARDENNE, GOURMET FOOD COLLECTION, LE POULET D'ARDENNE
since 2024 · until 2030
Luc Corluy
Director
Also active at: La Fresnaye, L G MANAGEMENT, Barrière de Transinne, CHARTWELL, JPSeven
since 2023 · until 2024
Director · represented by Sébastien Gillet
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2024 · until 2030
Maximilien Petit
Director
Also active at: EXPLOITATION DE VERGERS HESBIGNONS, UPIGNAC, TCO Service, ARDENNE VOLAILLE, LA CUISINE DES CHAMPS, PHALSU, COQARDENNE, GOURMET FOOD COLLECTION +1 more
since 2024 · until 2030
since 2024 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rue de Frise,Upigny 0
5310 Eghezée
Rue du Grand Champ, ZI, Nov. 5
5380 Fernelmont
Active since 1 July 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.239.593
- VAT number
- BE 0866.239.593
- Registered office
- Rue de Frise,Upigny 0, 5310 Eghezée
- Names & denominations
- Upignac Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 2004
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- [email protected] +32496614597
- Activities · NACE
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering