UP CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 23-06-2026, 38 days before the deadlineMoney flows
of every €100 of turnover, €4.04 remains as profit in 2025Balance sheet
balance sheet total €3.1m on 31-12-2025in euro
in euro
Position in the sector
17.3%
Higher than 28% of 12,852 companies in 2025.
1.18
Higher than 35% of 12,642 companies in 2025.
2.8%
Higher than 42% of 12,716 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff
€61,371
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
3.1m | 3.7m | 3.3m | 2.6m | 1.4m | 1.2m | 877,256 | 890,994 | 994,420 | 750,995 | 976,566 | 1.0m | 618,448 | 558,889 | 1.2m | 1.4m | 1.7m | 990,550 | 565,793 | 219,315 | |
21/28 |
245,430 | 214,339 | 206,578 | 243,713 | 280,815 | 197,132 | 153,849 | 62,768 | 41,470 | 21,173 | 31,325 | 41,365 | 46,370 | 64,465 | 54,058 | 58,910 | 31,098 | 41,978 | 29,757 | 34,672 | |
22/27 |
131,530 | 50,039 | 8,623 | 13,658 | 21,985 | 13,212 | 12,374 | 16,642 | 6,720 | 10,324 | 18,150 | 26,447 | 27,375 | 41,099 | 33,216 | 47,886 | 20,522 | 31,402 | 20,738 | 34,013 | |
22 |
121,065 | 46,004 | - | - | - | - | 208 | 416 | 624 | 832 | 243 | 487 | 730 | 974 | - | - | - | - | - | - | |
23 |
- | 1,411 | 2,986 | 4,562 | 6,138 | 926 | 530 | 888 | 1,246 | 278 | 371 | - | - | 236 | 606 | 2,283 | 4,527 | 5,593 | 7,468 | 3,708 | |
24 |
10,464 | 2,624 | 5,637 | 9,096 | 15,847 | 12,286 | 11,635 | 15,338 | 4,850 | 9,214 | 17,535 | 25,961 | 17,931 | 22,462 | 6,468 | 10,747 | 15,996 | 21,125 | 3,901 | 16,251 | |
28 |
113,900 | 164,300 | 197,955 | 230,056 | 258,831 | 183,921 | 141,476 | 46,126 | 34,750 | 10,849 | 13,176 | 14,918 | 18,996 | 23,366 | 20,843 | 11,024 | 10,575 | 10,575 | 9,019 | 659 | |
29/58 |
2.9m | 3.5m | 3.0m | 2.3m | 1.1m | 961,058 | 723,407 | 828,227 | 952,951 | 729,822 | 945,241 | 998,373 | 572,078 | 494,424 | 1.2m | 1.3m | 1.6m | 948,572 | 536,036 | 184,643 | |
3 |
2.7m | 2.9m | 2.6m | 2.2m | 1.0m | 551,801 | 489,487 | 653,330 | 658,566 | 5,236 | 281,236 | 297,900 | 60,000 | 60,000 | 60,000 | 60,000 | 561,000 | 561,000 | - | - | |
30/36 |
2.7m | 2.9m | 2.6m | 2.2m | 1.0m | 551,801 | 489,487 | 653,330 | 658,566 | 5,236 | 281,236 | 297,900 | 60,000 | 60,000 | 60,000 | 60,000 | 561,000 | 561,000 | - | - | |
40/41 |
161,394 | 590,906 | 135,517 | 18,360 | 17,838 | 219,333 | 226,551 | 107,701 | 272,344 | 642,172 | 616,715 | 674,315 | 505,039 | 384,153 | 1.1m | 1.2m | 1.1m | 352,680 | 529,964 | 112,746 | |
40 |
7,503 | 2,888 | 135,517 | 18,360 | 17,838 | 219,333 | 226,551 | 107,701 | 272,344 | 642,172 | 616,715 | 674,315 | 505,039 | 384,153 | 1.1m | 1.2m | 1.1m | 352,680 | 529,964 | 77,286 | |
41 |
153,891 | 588,018 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 35,460 | |
54/58 |
81,092 | 28,618 | 85,199 | 136,726 | 50,976 | 166,986 | 3,359 | 53,244 | 18,040 | 674 | 3,848 | 3,246 | 3,039 | 46,271 | 1,205 | 99,303 | 5,358 | 30,892 | 2,072 | 67,897 | |
490/1 |
- | - | 193,911 | - | 4,000 | 22,938 | 4,010 | 13,951 | 4,000 | 81,739 | 43,442 | 22,912 | 4,000 | 4,000 | 4,000 | 9,081 | 4,000 | 4,000 | 4,000 | 4,000 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
3.1m | 3.7m | 3.3m | 2.6m | 1.4m | 1.2m | 877,256 | 890,994 | 994,420 | 750,995 | 976,566 | 1.0m | 618,448 | 558,889 | 1.2m | 1.4m | 1.7m | 990,550 | 565,793 | 219,315 | |
10/15 |
542,812 | 455,217 | 373,970 | 372,255 | 304,929 | 172,933 | 15,457 | 95,993 | 72,575 | 71,635 | 60,833 | 72,910 | 75,790 | 68,246 | 21,243 | 74,294 | -13,098 | 72,391 | 57,149 | 54,868 | |
10/11 |
93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | |
100 |
- | - | - | - | - | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | 93,381 | |
13 |
155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | |
130/1 |
155 | 155 | 155 | 155 | 155 | 155 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | |
1311 |
155 | 155 | 155 | 155 | 155 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
449,275 | 361,680 | 280,433 | 278,718 | 211,392 | 79,396 | -78,080 | 2,456 | -20,962 | -21,902 | -32,703 | -20,626 | -17,747 | -25,291 | -72,294 | -19,242 | -106,635 | -21,146 | -36,388 | -38,668 | |
17/49 |
2.6m | 3.3m | 2.9m | 2.2m | 1.1m | 985,257 | 861,800 | 795,001 | 921,846 | 679,361 | 915,733 | 966,828 | 542,658 | 490,643 | 1.2m | 1.3m | 1.7m | 918,159 | 508,644 | 164,447 | |
17 |
143,658 | 58,044 | - | - | - | - | - | - | - | - | - | 6,617 | 12,970 | 18,938 | 24,546 | 29,815 | - | 8,320 | 19,848 | 33,507 | |
170/4 |
143,658 | 58,044 | - | - | - | - | - | - | - | - | - | 6,617 | 12,970 | 18,938 | 24,546 | 29,815 | - | 8,320 | 19,848 | 33,507 | |
42/48 |
2.4m | 3.2m | 2.9m | 2.2m | 1.1m | 985,257 | 855,030 | 795,001 | 920,706 | 666,375 | 910,193 | 957,055 | 521,912 | 465,199 | 1.2m | 1.3m | 1.7m | 909,839 | 485,813 | 130,715 | |
42 |
764,782 | 706,780 | 606,780 | 606,691 | - | - | - | - | - | - | 11,320 | 20,009 | 5,969 | 5,608 | 5,269 | 4,951 | 8,320 | 7,998 | 13,175 | 74,893 | |
43 |
- | 139,499 | 209,499 | 188,330 | - | 24,221 | 92,763 | 142,868 | 597,700 | 326,822 | 382,502 | 475,963 | 322,250 | 322,250 | 413,303 | 416,453 | 958,759 | 567,000 | 2,221 | - | |
430/8 |
- | - | - | 188,330 | - | 24,221 | 92,763 | 142,868 | 180,697 | 326,822 | 382,502 | 475,963 | 322,250 | 322,250 | 413,303 | 416,453 | 958,759 | 567,000 | 2,221 | - | |
439 |
- | 139,499 | 209,499 | - | - | - | - | - | 417,003 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
169,747 | 442,681 | 472,910 | 168,439 | 154,042 | 140,767 | 169,732 | 42,405 | 31,053 | 22,421 | 96,952 | 97,589 | 82,410 | 30,191 | 93,021 | 192,282 | 272,306 | 6,705 | 13,254 | 46,952 | |
440/4 |
169,747 | 442,681 | 472,910 | 168,439 | 154,042 | 140,767 | 169,732 | 42,405 | 31,053 | 22,421 | 96,952 | 97,589 | 82,410 | 30,191 | 93,021 | 192,282 | 272,306 | 6,705 | 13,254 | 46,952 | |
45 |
9,839 | 36,016 | 64,988 | 30,474 | 35,628 | 52,272 | 23,680 | 13,779 | 14,015 | 4,914 | 7,564 | 13,323 | 7,576 | 9,883 | 5,842 | 26,506 | 7,081 | 4,629 | 8,132 | 8,870 | |
450/3 |
9,839 | 36,016 | 64,988 | 30,474 | 35,509 | 51,623 | 21,830 | 12,865 | 13,795 | 3,478 | 7,564 | 13,323 | 7,576 | 9,883 | 5,842 | 24,325 | 1,936 | 1,419 | 3,263 | - | |
454/9 |
- | - | - | - | 119 | 649 | 1,850 | 915 | 220 | 1,436 | - | - | - | - | - | 2,182 | 5,145 | 3,210 | 4,869 | 8,870 | |
47/48 |
1.5m | 1.9m | 1.5m | 1.2m | 886,796 | 767,997 | 568,854 | 595,949 | 277,938 | 312,218 | 411,855 | 350,171 | 103,707 | 97,267 | 672,552 | 633,728 | 439,266 | 323,507 | 449,032 | - | |
492/3 |
5,773 | 33,794 | 10,214 | 2,555 | 19,018 | - | 6,770 | - | 1,140 | 12,986 | 5,539 | 3,155 | 7,776 | 6,505 | 6,311 | 1,566 | - | - | 2,983 | 225 | |
| Income statement | |||||||||||||||||||||
70 |
2.2m | 3.8m | 2.5m | - | - | - | - | - | - | 578,501 | 516,763 | 513,804 | 817,099 | 1.1m | 289,286 | 1.2m | 1.3m | 1.1m | 681,236 | 349,429 | |
76A |
- | - | - | - | - | 1,732 | - | - | - | - | - | - | - | - | - | - | 9,504 | - | - | - | |
9900 |
434,915 | 423,185 | 347,347 | 319,893 | 317,720 | 322,598 | 51,861 | 187,116 | 79,281 | 87,300 | 44,863 | 39,094 | 45,331 | 108,552 | 5,619 | 174,095 | -14,373 | 108,228 | 170,076 | 166,319 | |
60/61 |
1.8m | 3.4m | 2.1m | - | - | - | - | - | - | 491,200 | 471,900 | 474,710 | 771,768 | 952,583 | 283,666 | 1.0m | 1.4m | 1.0m | 511,161 | 183,110 | |
62 |
122,741 | 120,126 | 119,180 | 104,632 | 80,538 | 93,648 | 90,970 | 78,936 | 30,817 | 40,538 | 22,773 | - | 169 | 26 | 5,724 | 3,515 | 24,177 | 41,195 | 139,440 | 130,431 | |
630 |
20,198 | 9,700 | 5,034 | 9,583 | 9,525 | 6,296 | 4,848 | 8,226 | 4,930 | 10,279 | 10,030 | 18,399 | 15,390 | 15,807 | 15,883 | 16,207 | 13,308 | 15,001 | 15,113 | 17,052 | |
640/8 |
72,968 | 35,464 | 34,809 | 22,607 | 23,587 | 8,368 | 6,470 | 11,598 | 12,342 | 4,680 | 4,318 | 5,307 | 8,363 | 7,248 | 4,549 | 26,538 | 4,543 | 26,570 | 1,882 | 3,588 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,697 | - | |
9901 |
219,008 | 257,895 | 188,323 | 183,072 | 204,070 | 214,287 | -50,427 | 88,357 | 31,193 | 31,803 | 7,743 | 15,388 | 21,409 | 85,471 | -20,536 | 127,835 | -56,401 | 25,463 | 13,640 | 15,248 | |
75/76B |
7,744 | 2,603 | 681 | 4,123 | 1,120 | 29 | 1,729 | 7,134 | 24 | 62 | 4 | 159 | 2,345 | 1,669 | 37 | 81 | 772 | 65 | 172 | 275 | |
75 |
7,744 | 2,603 | 681 | 4,123 | 1,120 | 29 | 1,729 | 7,134 | 24 | 62 | 4 | 159 | 2,345 | 1,669 | 37 | 81 | 772 | 65 | 172 | 275 | |
65/66B |
127,516 | 159,251 | 133,845 | 81,771 | 73,194 | 50,058 | 31,451 | 69,259 | 29,981 | 21,063 | 15,068 | 17,572 | 16,209 | 39,555 | 32,553 | 40,524 | 39,364 | 10,285 | 9,834 | 9,147 | |
65 |
127,516 | 159,251 | 133,845 | 81,771 | 73,194 | 50,058 | 31,451 | 69,259 | 29,981 | 21,063 | 15,068 | 17,572 | 16,209 | 39,555 | 32,553 | 40,524 | 39,364 | 10,285 | 9,834 | 9,147 | |
9903 |
99,235 | 101,247 | 55,160 | 105,424 | 131,996 | 164,258 | -80,149 | 26,231 | 1,236 | 10,801 | -7,321 | -2,024 | 7,544 | 47,584 | -53,052 | 87,392 | -85,489 | 15,242 | 2,281 | 6,376 | |
67/77 |
11,641 | 20,000 | 53,445 | 38,098 | - | 6,782 | 388 | 2,813 | 296 | - | 4,756 | 856 | - | 581 | - | - | - | - | - | - | |
9904 |
87,595 | 81,247 | 1,715 | 67,326 | 131,996 | 157,476 | -80,536 | 23,418 | 940 | 10,801 | -12,077 | -2,880 | 7,544 | 47,003 | -53,052 | 87,392 | -85,489 | 15,242 | 2,281 | 6,376 | |
9905 |
87,595 | 81,247 | 1,715 | 67,326 | 131,996 | 157,476 | -80,536 | 23,418 | 940 | 10,801 | -12,077 | -2,880 | 7,544 | 47,003 | -53,052 | 87,392 | -85,489 | 15,242 | 2,281 | 6,376 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
449,275 | 361,680 | 280,433 | 278,718 | 211,392 | 79,396 | -78,080 | 2,456 | -20,962 | -21,902 | -32,703 | -20,626 | -17,747 | -25,291 | -72,294 | -19,242 | -106,635 | -21,146 | -36,388 | -38,668 | |
14P |
361,680 | 280,433 | 278,718 | 211,392 | 79,396 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
2 | 2 | 2 | 2 | 2 | 2.5 | 2.1 | 2.1 | 1.3 | 1.1 | 1 | - | - | - | 0.3 | 0 | 1 | 1.4 | 5.2 | 4.7 | |
Hours worked1013 |
2,920 | 3,048 | 3,160 | 3,136 | 2,576 | 3,192 | 3,734 | 3,464 | 1,208 | 1,840 | 896 | - | - | - | 232 | 0 | 1,436 | 2,459 | 7,332 | 7,502 | |
| Document | |||||||||||||||||||||
The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-06-2026 | 2026-00186801 | |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00195176 | |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00176071 | |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00167210 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20141741 | |
| 31-12-2020 | abbreviated format | 17-05-2021 | 2021-14100281 | |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-22400465 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-23900278 | |
| 31-12-2017 | abbreviated format | 26-06-2018 | 2018-22800110 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-24300414 | |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-22400464 | |
| 31-12-2014 | abbreviated format | 23-06-2015 | 2015-20500383 | |
| 31-12-2013 | abbreviated format | 25-06-2014 | 2014-21700286 | |
| 31-12-2012 | abbreviated format | 05-06-2013 | 2013-15400387 | |
| 31-12-2011 | abbreviated format | 05-06-2012 | 2012-15200166 | |
| 31-12-2010 | abbreviated format | 06-07-2011 | 2011-27800221 | |
| 31-12-2009 | abbreviated format | 29-06-2010 | 2010-24900069 | |
| 31-12-2008 | abbreviated format | 29-07-2009 | 2009-50300067 | |
| 31-12-2007 | abbreviated format | 08-05-2008 | 2008-13400164 | |
| 31-12-2006 | abbreviated format | 29-05-2007 | 2007-17900174 | |
| 31-12-2005 | abbreviated format | 21-08-2006 | 2006-64704380 | |
| 31-12-2004 | abbreviated format | 19-04-2005 | 2005-12200169 | |
| 31-12-2003 | abbreviated format | 12-05-2004 | 2004-14402646 | |
| 31-12-2002 | abbreviated format | 11-06-2003 | 2003-21703250 | |
| 31-12-2001 | abbreviated format | 05-06-2002 | 2002-17300524 | |
| 31-12-2000 | abbreviated format | 31-05-2001 | 2001-16004443 | |
| 31-12-1999 | abbreviated format | 09-06-2000 | 2000-20400044 | |
| 31-12-1998 | abbreviated format | 03-08-1999 | 1999-39402112 | |
| 31-12-1997 | abbreviated format | 10-06-1998 | 1998-15601861 | |
| 31-12-1996 | abbreviated format | 15-07-1997 | 1997-30504780 | |
| 31-12-1995 | abbreviated format | 30-05-1996 | 1996-11002770 | |
| 31-12-1994 | abbreviated format | 06-07-1995 | 1995-37100314 | |
| 31-12-1993 | abbreviated format | 22-06-1994 | 1994-18104234 | |
| 31-12-1992 | abbreviated format | 23-06-1993 | 1993-16004622 | |
| 31-12-1991 | abbreviated format | 25-06-1992 | 1992-14800620 | |
| 31-12-1990 | abbreviated format | 01-07-1991 | 1991-14602530 | |
| 31-12-1989 | abbreviated format | 27-07-1990 | 1990-19600002 |
Subsidies and aid
Flemish government 2022 to 2023, 4 entries, €3,507 awarded, €3,507 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 2 | €2,503 | €2,503 |
| 2022 | 2 | €1,004 | €1,004 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 239,205 | 267,595 | 193,358 | 192,654 | 213,595 | 220,582 | -45,579 | 96,583 | 36,123 | 42,082 | 17,773 | 33,788 | 36,799 | 101,277 | -4,653 | 144,042 | -43,093 | 40,463 | 28,753 | 32,300 | ||
| 107,792 | 90,947 | 6,750 | 76,908 | 141,522 | 163,772 | -75,689 | 31,645 | 5,870 | 21,081 | -2,047 | 15,519 | 22,935 | 62,810 | -37,169 | 103,599 | -72,181 | 30,243 | 17,394 | 23,428 | ||
| 174,488 | 138,565 | 77,620 | 60,665 | 184,078 | 104,754 | 98,355 | 72,850 | 26,531 | 10,699 | 2,973 | 18,642 | 2,066 | 30,597 | 11,031 | 44,018 | 2,428 | 27,971 | 15,554 | 2,835 | ||
| 52,474 | -56,582 | -51,526 | 85,750 | -116,010 | 163,627 | -49,885 | 35,204 | 17,366 | -3,173 | 602 | 207 | -43,232 | 45,066 | -98,098 | 93,945 | -25,534 | 28,820 | -65,825 | - | ||
| 446,813 | 332,716 | 177,606 | 131,097 | 43,132 | -24,199 | -131,623 | 33,225 | 32,245 | 63,447 | 35,047 | 41,317 | 50,166 | 29,225 | -1,959 | 46,766 | -44,196 | 38,733 | 50,223 | 53,928 | ||
| 10.1% | 6.8% | 7.7% | - | - | - | - | - | - | 5.5% | 1.5% | 3.0% | 2.6% | 8.1% | -7.1% | 10.7% | -4.2% | 2.2% | 2.0% | 4.4% | ||
| 17.3% | 12.2% | 11.5% | 14.5% | 21.8% | 14.9% | 1.8% | 10.8% | 7.3% | 9.5% | 6.2% | 7.0% | 12.3% | 12.2% | 1.7% | 5.4% | -0.8% | 7.3% | 10.1% | 25.0% | ||
| 1.18 | 1.10 | 1.06 | 1.06 | 1.04 | 0.98 | 0.85 | 1.04 | 1.04 | 1.10 | 1.04 | 1.04 | 1.10 | 1.06 | 1.00 | 1.04 | 0.97 | 1.04 | 1.10 | 1.41 | ||
| 0.10 | 0.19 | 0.14 | 0.07 | 0.07 | 0.42 | 0.27 | 0.22 | 0.32 | 1.09 | 0.73 | 0.73 | 0.98 | 0.93 | 0.95 | 0.99 | 0.64 | 0.43 | 1.10 | 1.41 | ||
| 4.79 | 7.20 | 7.70 | 5.90 | 3.59 | 5.70 | 55.76 | 8.28 | 12.70 | 9.48 | 15.05 | 13.26 | 7.16 | 7.19 | 57.47 | 17.57 | - | 12.68 | 8.90 | 3.00 | ||
| 16.1% | 17.8% | 0.5% | 18.1% | 43.3% | 91.1% | -521.0% | 24.4% | 1.3% | 15.1% | -19.9% | -3.9% | 10.0% | 68.9% | -249.7% | 117.6% | - | 21.1% | 4.0% | 11.6% | ||
| 2.8% | 2.2% | 0.1% | 2.6% | 9.4% | 13.6% | -9.2% | 2.6% | 0.1% | 1.4% | -1.2% | -0.3% | 1.2% | 8.4% | -4.3% | 6.3% | -5.1% | 1.5% | 0.4% | 2.9% | ||
| 1.88 | 1.68 | 1.44 | 2.36 | 2.92 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 1 day | 0 days | 20 days | - | - | - | - | - | - | 405 days | 436 days | 479 days | 226 days | 132 days | 1417 days | 353 days | 290 days | 113 days | 284 days | 81 days | ||
| 35 days | 47 days | 81 days | - | - | - | - | - | - | 17 days | 75 days | 75 days | 39 days | 12 days | 120 days | 69 days | 73 days | 2 days | 9 days | 94 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 | 2 |
| in full-time equivalents | 2 | 2 | 2 | 2 | 2 |
| 2 | 2 | 2 | 2 | 2 | |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Training hours | - | - | 16 | 128 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €101,688 | €51,115 | - | €1,255 | €18,298 |
| Financial fixed assets | €72,800 | €87,450 | €77,620 | €59,410 | €165,780 |
| €20,198 | €9,700 | €5,034 | €9,583 | €9,525 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on UP CONSTRUCT
The operating result for 2025 is 15% lower than in 2024.
Debt's share of the balance-sheet total falls from 87.8% to 82.7%. Equity is higher and debt is lower.