Equity
-€23.6m from €8.2m in 2017
Equity fell below zero in 2018.
U-STORAGE
Information for creditors
Enterprise Court of Ghent, Ghent division · Official Gazette of 15-10-2019Opened on 8 October 2019 · moratorium passed on 9 March 2020
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by collective agreement
- Docket number
- 20190019
- Moratorium until
- 9 March 2020 (passed, unless a later judgment extended it)
- Delegated judge
- Bertil Reunis
- Official Gazette
- 15-10-2019search the document for 2019/151652
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
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Lifetime
16 annual accounts with figures on one time axispeak €3.1m (2017)
€58,236▲ €81,184
lowest -€13.6m (2019)
€28,433▲ €50,980
peak €8.2m (2017)
-€23.6m▲ €28,433
€24.7m▼ 1.1%
peak 27.2 FTE (2018)
0 FTE
Board12 names since 2015
-
Owners5 names in the annual accounts
35.71%
Documentsfilings and deeds
22-09-202653 days late
2025abbreviated format
Gross margin from -€22,947 to €58,236Back to profit: €28,433Cash from €254,606 to €78,263
Key points
from the 2025 annual accounts, the last ones filedBoard and ownership
Liquidator
- 35.71%score equity €110.9m (2025) · 30-09-2025 annual accounts of
Recent changes
Dissolution of the company
Company renamed from Upgrade Energy to U-STORAGE · Registered office moved within Ghent · Dissolved on 30-07-2020, in liquidation · General meeting of 30-07-2020 · Gazette deed
Publication in the Belgian Official Gazette
Gazette deed
Extension
Enterprise Court of Ghent, Ghent division · collective agreement · judgment of 08-10-2019 · Judicial reorganisation
Transfer under judicial authority
Enterprise Court of Ghent · court-supervised transfer · Judicial reorganisation
Official details
Source: KBO- Status
- In liquidation since 30-07-2020deed of 16-09-2020 · founded on 27-02-2009
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.178.489.8419031 Ghent, since 27-02-2009
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on U-STORAGE
The KBO lists the legal status of U-STORAGE as dissolution or liquidation, with no start date. The company was dissolved on 30-07-2020 and put into liquidation. The liquidator is . The 2025 annual accounts show negative equity (-€23.6m) and a net result of €28,433.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about U-STORAGE
- What is the company number of U-STORAGE?
- The company number of U-STORAGE is 0810.119.254. The VAT number is the same number with BE in front: BE 0810.119.254.
- Where was U-STORAGE based?
- The last known address of the registered office is Kortrijksesteenweg 361, 9000 Ghent.Company details
- What does U-STORAGE do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of U-STORAGE?
- U-STORAGE is a public limited company (NV).
- When was U-STORAGE founded?
- U-STORAGE was founded on 27-02-2009.
- Is U-STORAGE still active?
- No. According to the KBO register, U-STORAGE is dissolved or in liquidation.
- How many employees did U-STORAGE have?
- U-STORAGE had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of U-STORAGE?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €58,236 and 47 comparable companies (NACE 70200). It probably lies between €84,000 and €190,000. In financial year 2021 turnover was €82,504.
- Is U-STORAGE profitable?
- In financial year 2025, U-STORAGE made a profit of €28,433.
- Where can I find the annual accounts of U-STORAGE?
- U-STORAGE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Check what to know before you do business with this company.Supplier due diligence See this company's board, registered office and name on a given date.Company as of a date Find how this company is connected to another party.Network investigator Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the business and other management consultancy sector is doing.Sector figures