Result
-€7.0m -€7.0m
From profit to loss in 2025, after a profit of €122,616 in 2024.
Upignac Group
Lifetime
18 annual accounts with figures on one time axis, 20 filings since 2005peak €34.8m (2025)
€34.8m▲ 18.7%
lowest -€7.0m (2025)
-€7.0m▼ €7.1m
peak €24.4m (2025)
€24.4m▲ 69.5%
€10.4m▼ 30.2%
peak 4 FTE (2024)
4 FTEunchanged
Board11 names since 2019
7 directorsGaudio Xavier and 6 others
Owners5 names in the annual accounts
75.04%GOURMET FOOD COLLECTION and 1 other
Documentsfilings and deeds
27-05-202627 days late
2025financial year
Turnover from €1.4m to €2.2mLoss of €7.0mEquity from €14.4m to €24.4mDebts from €14.9m to €10.4mCash from €47,284 to €346,688
Key points
from the 2025 annual accountsPayment terms
74 days to suppliers
Upignac Group pays its suppliers 11 days earlier than in 2024. Customers pay 112 days earlier.
Liquidity
1.76 was 0.49 in 2024
Short-term debts fell from €6.2m to €6.0m.
2025 accounts filed 27 days after the deadlineHolding: outside the score modelBankruptcy probability: sector outside the modelTurnover +63%: 18-month year
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
128 days early
2023
106 days early
2022
6 days early
2021
48 days early
2020
46 days early
2019
65 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
and 2 others
- GOURMET FOOD COLLECTION 75.04%equity €4.7m (2025) · 30-09-2025 annual accounts of GOURMET FOOD COLLECTION
- Wallonie Entreprendre 24.96%equity €4.98bn (2025) · 2025 annual accounts of Wallonie Entreprendre
- SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE 13.02%equity €2.42bn (2022) · 2022 annual accounts of SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE
Shares in 4 companies, including ARDENNE VOLAILLE and EXPLOITATION DE VERGERS HESBIGNONS
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0866239593
6 directors reappointed, 1 statutory auditor reappointed
Greindl Louis, Gaudio Xavier, Petit Michel, Petit Anne, Petit Maximilien, Petit Thibaut and 1 other · General meeting of 18-06-2024 · Gazette deed
8 directors reappointed
SA SAMANDA, Corluy Luc, Greindl Louis, Gaudio Xavier, Petit Michel, Petit Anne and 2 others · Permanent representative: Andrès De la Cerda Gilmar · General meeting of 14-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Upignac Group Eghezée | €2.2m | 16.4% | 70.1% | 4 |
| CLOSED CIRCLE Haacht | €2.1m | -40.5% | 94.2% | 4.2 |
| VANDEPUTTE HOLDING Mouscron | €2.8m | -0.4% | 62.5% | 4 |
| DiBO Holding Arendonk | €1.9m | 1.2% | 73.3% | 3.7 |
| PDV INVEST Zwevegem | €1.8m | 1.7% | 70.5% | 3.9 |
| peeters mathieu management Kinrooi | €1.2m | 8.2% | 21.5% | 4.8 |
| VERMEIREN GROUP Kalmthout | €3.0m | 1.3% | 85.4% | 5.9 |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Upignac Group: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €25m and €41m, founded between 1999 and 2007.
Official details
Source: KBO- Status
- Active since 08-08-2004Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
- Establishment unit
- 2.332.573.4505380 Fernelmont, since 01-07-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 14-07-2025
Companies linked to Upignac Group
Shareholders
Subsidiaries and holdings
- LA TABLE D'UPIGNAC100%
- UPIGNAC100%
Insights on Upignac Group
Upignac Group has existed since 2004. The present size dates from 2020. The balance sheet total rose that year from €6.1m to €17.1m.
The balance sheet total has grown every year since. Solvency rose in 2025 from 49.1% to 70.1% because of a capital increase and lower debts.
GOURMET FOOD COLLECTION holds 75.04% of the shares.
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 Upignac Group
- What is the company number of Upignac Group?
- The company number of Upignac Group is 0866.239.593. The VAT number is the same number with BE in front: BE 0866.239.593.
- Where is Upignac Group based?
- The registered office is at Rue de Frise,Upigny 0, 5310 Eghezée.Company details
- What does Upignac Group do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Upignac Group?
- Upignac Group is a public limited company (NV).
- When was Upignac Group founded?
- Upignac Group was founded on 08-08-2004.
- Is Upignac Group still active?
- Yes, Upignac Group is an active enterprise in the KBO register.
- How many employees does Upignac Group have?
- Upignac Group had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Upignac Group fall under?
- In its 30-09-2025 annual accounts, Upignac Group states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Upignac Group?
- The turnover of Upignac Group was €2.2m in financial year 2025, according to the filed annual accounts.
- Is Upignac Group profitable?
- In financial year 2025, Upignac Group made a loss of €7.0m.
- Where can I find the annual accounts of Upignac Group?
- Upignac Group filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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