Financials
Financial year 2025
UPGRADE EVENTS from Nazareth-De Pinte, company number BE0880951525, closed financial year 2025 with a result of € -31,865 after tax. For that financial year UPGRADE EVENTS recorded a gross margin of € -6,259 and equity of € 110,903. Compared with financial year 2024, the result moved from € 5,276 to € -31,865. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 110,903
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,865
▼ still € 5,276 profit in 2024
Profit after tax over the fiscal year.
€ 12,352
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 109,903.
People and assets in 2025
€ 43,835
▼ 23% vs 2024
Of which on lease € 42,035.
Debts at end 2025
€ 44,702
▼ 27% vs 2024
€ 10,378 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,701
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,187
▲ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,840 | € 89,488 | € 24,407 | € -6,259 | ▼ € 30,666 |
| Profit after taxes | € 60,120 | € 52,670 | € 5,276 | € -31,865 | ▼ € 37,141 |
| Equity | € 109,922 | € 155,092 | € 142,768 | € 110,903 | ▼ 22% |
| Total debts | € 67,527 | € 36,119 | € 88,816 | € 57,841 | ▼ 35% |
| Cash | € 77,591 | € 97,317 | € 14,525 | € 12,352 | ▼ 15% |
| Retained profit | € 91,322 | € 136,492 | € 141,768 | € 109,903 | ▼ 22% |
| Dividend | € 14,000 | € 7,500 | € 0 | € 0 | |
| Bank debt | € 8,227 | € 1,973 | € 61,181 | € 44,702 | ▼ 27% |
| Balance sheet total | € 177,449 | € 191,211 | € 231,584 | € 168,744 | ▼ 27% |
Key figures of UPGRADE EVENTS, 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 EVENTS?
What happened at UPGRADE EVENTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,865 (▼ € 37,141 vs 2024). filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Kristof Celen became a director. NBB
- Katia Zapata Cazier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 60,120 profit in 2022 to € 31,865 loss in 2025.
Paid € 52,886 in corporate taxes since 2022.
Best year ever: 2022, with € 60,120 profit.
Paid out € 21,500 in dividends to the owners in total.
Management
Behind UPGRADE EVENTS are Kristof Celen and Katia Zapata Cazier. Kristof Celen is also behind CAMPING DE LA SEMOIS.
Directors
According to the 2025 annual accounts
since 2006
Katia Zapata Cazier
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Leegzakstraat 58
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.951.525
- VAT number
- BE 0880.951.525
- Registered office
- Leegzakstraat 58, 9810 Nazareth-De Pinte
- Names & denominations
- UPGRADE EVENTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2006
- Peppol
- Active · Active since 30 Aug 2023
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