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SCALE UP

Active Risk: not assessed
Private limited companyfounded 1992active for 34 yearsAvenue de Cîteaux 114, 1348 Ottignies-Louvain-la-Neuve, Belgium28 active companies are registered at this addressKBO/BCE: BE 0447.999.151

From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SCALE UP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.5m and a net result of -€19,499. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 95% of 3,027 sector peers (NACE 64, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.

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Directors

Directors
4 directors, last change in 2024

Board 4

Augustin Jean P Siaens
Director · since 25-04-2024 · in the 2025 annual accounts, filed on 20-11-2025
Current
Jean-Marc Durbuis
Director · since 25-04-2024 · in the 2025 annual accounts, filed on 20-11-2025
Current
SHARED VALUE(S)
Director · since 25-04-2024 · Public limited company · permanent representative: VAN CAUWELAERT Olivier · in the 2025 annual accounts, filed on 20-11-2025
Current
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON
Director · since 25-04-2024 · Public limited company · permanent representative: OMIN Nathalie · in the 2025 annual accounts, filed on 20-11-2025
Current

Permanent representatives 2

OMIN Nathalie
Permanent representative · appointed in the act of 10-05-2024 · for SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON
Current
VAN CAUWELAERT Olivier
Permanent representative · appointed in the act of 10-05-2024 · for SHARED VALUE(S)
Current
Office holders in the KBO →

Mandate history

16 people, 4 in office
Show
  • Board
  • Day-to-day management
  • began earlier
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
Augustin Jean P Siaens
  • Director, appointed in the act of 09-10-2023, still in office
Jean-Marc Durbuis
  • Chair of the board, appointed in the act of 09-10-2023, ended, last mentioned 09-10-2023
  • Director, appointed in the act of 09-10-2023, still in office
SHARED VALUE(S)
  • Director, appointed in the act of 10-05-2024, still in office
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON
  • Director, appointed in the act of 10-05-2024, still in office
THREOO
  • Director, appointed in the act of 10-05-2024, no longer listed in the 2025 annual accounts
VAN CAUWELAERT Olivier Maurice Anne Marie Jozef
  • Director, appointed in the act of 09-10-2023, until 10-05-2024
  • Managing director, appointed in the act of 09-10-2023, ended, last mentioned 09-10-2023
Bernard DE SMET
  • Director, until 09-10-2023
Christian SIMONARD
  • Director, until 09-10-2023
Emmanuel HUPIN
  • Chair of the board, until 09-10-2023
  • Director, until 09-10-2023
  • Member of the executive committee, until 09-10-2023
Frédéric CAMBERLIN
  • Director, until 09-10-2023
Jean-Didier Boucau
  • Daily management delegate, until 09-10-2023
  • Member of the executive committee, until 09-10-2023
Philippe GRUWEZ
  • Director, until 09-10-2023
Valérie BAROEN
  • Member of the executive committee, until 09-10-2023
Ecores
  • Director, until 07-11-2022
Funds for Good
  • Director, until 07-11-2022
Jérémie Cuvelier
  • Board, until 07-11-2022
See the board, name and registered office on a given date →

How the board is organised

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, exécution de la mission au nom et pour compte de la personne morale”

Articles of association, deed of 12-10-2023 (in French)

The directors' other companies

3 current directors with another company that went bankrupt, was dissolved or struck off

3 other companies of this director went bankrupt (2023, 2025).

1 other company of this director went bankrupt (2025).

1 other company of this director went bankrupt (2025).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Owners and capital

Owners

3 owners

Owners 3

Capital and shareholders

Shareholders according to the deeds
After the capital increase act of 10-05-2024 ↗
After the capital increase act of 27-02-2024 ↗
  • VAN CAUWELAERT Olivier 1,531 shares · €80,000
  • DURBUIS Jean-Marc 10,718 shares · €560,000
  • SIAENS Augustin 6,890 shares · €360,000
  • CUVELIER Jeremie 66 shares · €3,450
Capital over the years
  1. 10-05-2024 Capital increase of €2,019,990.90 · 42,171 new shares · in cash
  2. 27-02-2024 Capital increase of €1,003,450 · to €4,327,676.09 · 19,205 new shares · in cash
  3. 12-10-2023 Converted to unavailable equity · €2,088,226.09

Shares according to the articles of association

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“10, prix offert candidat”
“10.2, Candidat Acquéreur”
“Absence notification contraire, autorisation_réputée_acquise”
“10.6, transfert à tiers ayant exprimé volonté acquérir 100% par cédant(s) détenant plus de 85%”
“2, cessionnaire_conserve_Contrôle”
“4, droits et obligations indivisibles bloc actionnaire”
“Écrit, cessionnaire”
“Transfert Libre, cédant_initial_retrouve_propriété”
“Intention_Transférer_tout_ou_partie_à_Tiers, réception_offre_Transfert”
“Droit_préemption, réception_Notification”
“Notification, toutes_Actions_objet_Transfert_pas_partiellement”
“Président, notifie_résultats”
“Tous_Non-Cédant_ont_préempté, Actions_cédées”
“Un_ou_certains_Non-Cédant_préempte, Notification_Président_résultat”
“Mêmes_termes_prix_conditions_offre_Candidat_Cessionnaire, arrondi_unité_supérieure_si_premier_chiffre_après_virgule_>=5_sinon_inférieure”
“Modifications_termes_prix_conditions_Offre_pendant_procédure_même_procédure, cession_à_autre_tiers_que_Candidat_Cessionnaire_même_procédure”
“Inscription signature registre actionnaires, fin_Période_Initiale”
“Droit_de_Suite, Transfert_à_Tiers_par_un_ou_plusieurs_Cédants_représentant_plus_20pct_Actions_ou_Titres”
“Réception_offre_Transfert, Actionnaire_Cédant”
“Transfert actions appartenant à Olivier VAN CAUWELAERT ou société contrôlée par lui à tiers ou autre actionnaire, opération unique ou…”
2 more provisions on this in the deed

deed of 10-05-2024 (in French)

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.

Other provision: “Rapport conseil administration article 5.102 CSA, justifie émission nouvelles actions et conséquences droits classes existantes”
deed of 10-05-2024 (in French)
Liquidation distribution: “Apurement de toutes dettes, charges et frais ou consignation des montants nécessaires, actif net réparti entre tous actionnaires en…”
1 more provision in the deed, see the deed of 12-10-2023
deed of 12-10-2023 (in French)

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