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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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Busy address KBO
62 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ART UPKOT from Gent, company number BE0891055460, closed financial year 2025 with a result of € 39,752 after tax. For that financial year ART UPKOT recorded a gross margin of € 314,395 and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 68,323 to € 39,752. The company is profitable. 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 March 5, 2026.
€ 4.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,752
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 49,179
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.3 million.
Debts at end 2025
€ 4.8 million
Loans from banks and other lenders, long and short.
€ 13,423
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 220,039 | € 297,283 | € 314,368 | € 314,395 | |
| Profit after taxes | € -18,969 | € 88,569 | € 68,323 | € 39,752 | ▼ 42% |
| Equity | € 4,625,813 | € 4,714,382 | € 4,782,704 | € 4,822,456 | ▲ 1% |
| Total debts | € 4,928,866 | € 4,896,054 | € 4,911,677 | € 4,862,222 | ▼ 1% |
| Cash | € 409,992 | € 370,856 | € 262,910 | € 49,179 | ▼ 81% |
| Land & buildings | € 8,966,080 | € 8,822,730 | € 8,679,380 | € 8,536,029 | ▼ 2% |
| Retained profit | € -1,517,816 | € -1,429,248 | € -1,360,925 | € -1,321,173 | ▲ € 39,752 |
| Bank debt | € 4,800,000 | € 4,800,000 | € 4,800,000 | € 4,800,000 | |
| Balance sheet total | € 9,554,679 | € 9,610,436 | € 9,694,381 | € 9,684,677 |
Key figures of ART UPKOT, 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 March 2027.
What happened to ART UPKOT?
What happened at ART UPKOT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,752 (▼ 42% vs 2024). Source: NBB ↗
- Upgrade Estate NV became a director. NBB
- Growing-UP BV became a director. NBB
- 421 Concepts CommV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,969 loss in 2022 to € 39,752 profit in 2025.
Best year ever: 2023, with € 88,569 profit.
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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
Behind ART UPKOT are Upgrade Estate NV, Growing-UP BV and 421 Concepts CommV. The same people are also behind Timi UpKot, Upliving Ghent - Queen, BACKSTAGE²UPKOT, Wing Upkot and Field Upkot. Upgrade Estate NV is also behind 10 Upkot, M.G.D. Belgium, TAPAZZ and 88MLB. Growing-UP BV is also behind 10 Upkot, M.G.D. Belgium and 88MLB. 421 Concepts CommV is also behind TAPAZZ.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Nele Van Damme
Also active at: Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot +19 more
since 2020
Managing director · represented by Koenraad Belsack
Also active at: Timi UpKot, 10 Upkot, Upliving Ghent - Queen, M.G.D. Belgium, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot +18 more
since 2020
Director · represented by Nils Vanhauwaert
Also active at: Timi UpKot, Upliving Ghent - Queen, BACKSTAGE²UPKOT, Wing Upkot, Field Upkot, Mia UpKot, Upoffiz | Upliving Ghent – Loop5, Hey! Upkot +16 more
since 2020
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2 box 201
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
All companies at this address →UPGRADE ESTATE GROUP
€ 3 million gross margin · 2025
WESTATE
€ 40,264 gross margin · 2025
Timi UpKot same network
€ 643,357 gross margin · 2025
10 Upkot same network
€ 289,659 gross margin · 2025
Gandia
€ 43,171 gross margin · 2025
+57 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0891.055.460
- VAT number
- BE 0891.055.460
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- ART UPKOT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2007
- Peppol
- Active · Active since 22 May 2025