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UPPER SHELF

Active Private limited companyfounded 2018active for 8 yearsEnergielaan 9, 2950 KapellenKBO/BCE: BE 0702.824.782

Lifetime

8 annual accounts with figures on one time axis
peak €375,396 (2025)
€375,396▲ 21.6%
peak €46,422 (2022)
€1,692▼ 95.5%
peak €95,718 (2025)
€95,718▲ 1.8%
€245,618▼ 6.7%
peak 1.6 FTE (2020)
-not published
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Gross margin from €308,605 to €375,396Result from €37,817 to €1,692Cash from €45,807 to €15,794

Key points

from the 2025 annual accounts

Equity

€95,718 ▲ 1.8%

UPPER SHELF has made a profit in every financial year since 2018.

Turnover

≈ €750,000 estimated

The micro format states no turnover.

Debts

€245,618 72% of the balance sheet
Financial debts 35%Suppliers 28%Taxes and wages 11%Other 26%

Of this, €164,962 falls due within a year.

Staff

5 employees on 31-12-2025
212021322022212023322024222025

In 2025, 2 people joined and 2 left.

Filings

8 annual accounts 4 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 58 days after the end of the period.

Position in the sector

€375,396

Higher gross margin than 95% of companies in other professional activities. Sector median €27,534 · 4,554 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,272 companies had the same profile as UPPER SHELF has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,272 companies, not a prediction for UPPER SHELF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager, since 04-09-2018
Manager, since 04-09-2018
  • founderdeed of 07-09-2018
  • founderdeed of 07-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0702824782
Legal-form change · Resignations & appointments Legal-form conversion: to private limited company · Board composition: (bestuurder,niet statutair,voorheen zaakvoerder volgens statuten) · Board composition: (bestuurder,niet statutair,voorheen zaakvoerder volgens statuten) · General meeting of 19-12-2022 · Gazette deed
Registered office moved from Wuustwezel to Kapellen New registered office: Energielaan 9, 2950 Kapellen · Previous registered office: Kalmthoutse Steenweg 193A Unit 9, 2990 Wuustwezel · Board meeting of 04-12-2020 · Gazette deed
Incorporation Founding capital of €20,000, 100 shares · Founders: and · Appointments: (manager) and (manager) · published on 07-09-2018 · Gazette deed
All 16 events

Comparable companies

same main activity, similar in size and age
Company
UPPER SHELF Kapellen €341,336 €375,396 28.0% -
BAUWENS GROEP Edegem €325,148 €413,624 62.9% -
UNCANNY Herentals €560,661 €383,443 46.8% -
INTENSE Herentals €447,563 €436,157 54.4% 2.3
Sergeant OAK Izegem €463,844 €247,779 5.3% 3.8
Presentation Samples Berlare €454,666 €363,596 23.2% -
W H MERCHANDISING Liège €516,419 €350,642 22.8% 5.3

These companies have the same main activity as UPPER SHELF: other specialised design activities (NACE 74140). They are comparable in size and age: total assets between €325,000 and €561,000, founded between 2015 and 2021.

Official details

Source: KBO
Status
Active since 05-09-2018Normal situation
Activity
Other specialised design activitiesNACE 74140and 5 others
Joint committee
126Furnishing and woodworking · annual accounts 2023
Establishment unit
2.279.874.1422950 Kapellen, since 05-09-2018
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2025

€341,336▼ 4.5%
Employeeson 31-12-2025
5=
Filing
Filed on 18-06-2026, 43 days before the end of the filing period
Financials

Insights on UPPER SHELF

UPPER SHELF files the micro format. That format states no turnover. The gross margin rose from €25,220 in 2018 to €375,396 in 2025.

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 UPPER SHELF

What is the company number of UPPER SHELF?
The company number of UPPER SHELF is 0702.824.782. The VAT number is the same number with BE in front: BE 0702.824.782.
Where is UPPER SHELF based?
The registered office is at Energielaan 9, 2950 Kapellen.Company details
What does UPPER SHELF do?
According to the KBO register, the main activity is other specialised design activities (NACE 74140).
What is the legal form of UPPER SHELF?
UPPER SHELF is a private limited company (BV).
When was UPPER SHELF founded?
UPPER SHELF was founded on 05-09-2018.
Is UPPER SHELF still active?
Yes, UPPER SHELF is an active enterprise in the KBO register.
How many employees does UPPER SHELF have?
UPPER SHELF had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does UPPER SHELF fall under?
In its 2023 annual accounts, UPPER SHELF states joint committee 126 (Furnishing and woodworking).
What is the turnover of UPPER SHELF?
The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €375,396 and 877 comparable companies of the same size. It probably lies between €520,000 and €1.1m. It is a rough estimate.
Is UPPER SHELF profitable?
In financial year 2025, UPPER SHELF made a profit of €1,692.
Where can I find the annual accounts of UPPER SHELF?
UPPER SHELF filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of UPPER SHELF due?
UPPER SHELF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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