UPPERWEST
ActiveSummary
UPPERWEST has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of -€84,110. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 40% of 4,124 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-04-2002 Normal situation
- Activity
- Other legal services NACE 69109and 1 other
- Establishment unit
- 2.164.813.930 3080 Tervuren, since 07-06-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2022
Board and ownership
Board
- Van der Perre SarahDirector
- Weerts PascalDirector
- Holdings
- Shares in 2 companies SOCIETE D'ETUDES DE GESTION IMMOBILIERE ET FINANCIERE and Side Collection
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- €157,845
- ▼ 88.4%
- Turnover
- ≈ €280,000
- estimated
- Loss
- €84,110
- Equity
- €4.2m
- ▼ 1.9%
- Total assets
- €12.8m
- ▲ 1.4%
- Employees on 31-12-2025
- 1
- 2025 accounts filed 67 days after the deadline
Score breakdownraises riskLiquidity: current ratio 4.31, cash €54,726, halvedLast filed accounts filed 67 days late; 1 of the last 3 accounts latelowers riskSector: Legal and accounting activities (NACE 69)Size: 0.7 FTE, total assets €12.8mShow the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 25% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Weak
Solvency
58-1
equity 33.1% of total assets
Liquidity
51-1
short-term debt 9.2% · cash 0.4%
Profitability
23-41
return on assets -0.7%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €340,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.31 (9.92 in 2024), above the usual 1.5. Short-term debt is 9.2% and cash 0.4% of total assets. However, 66.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 32% of them on solvency, 31% on liquidity, 6% on profitability and 31% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-10-2026, 67 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
67 days late
2024
14 days early
2023
16 days early
2022
19 days early
2021
48 days early
2020
3 days early
2019
32 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 9 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 67 days after the deadline Filed on 6 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00548122.
Annual accounts 2025 filed on 06-10-2026 at the NBB all 23 filings
Turnover
≈ €280,000
Estimated: probably between €220,000 and €410,000
Total assets
€12.8m▲ 1.4%
2024 · €12.7m
Net result
-€84,110
2024 · €708,671
Working capital
€3.9m▼ 17.6%
2024 · €4.7m
In the rankings
#3 company by total assets in Tervuren, Professional and technical services sector#4 company by equity in Tervuren, Professional and technical services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€31,937
2025
20182025
Net result
-€84,110
2025
lowest quarter of the sector
20182025
Equity
€4.2m
▼ 1.9%
2025
highest quarter of the sector
20182025
Total assets
€12.8m
▲ 1.4%
2025
highest quarter of the sector
20182025
Debt
€8.6m
▲ 3.2%
2025
20182025
Working capital
€3.9m
▼ 17.6%
2025
highest quarter of the sector
20182025
Solvency
33.1%
▼ 1.1pp
2025
middle half of the sector
20182025
Current ratio
4.31
▼ 5.61
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-0.7%
▼ 6.3pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
0.7
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.06m--€0.04m€0.4m€0.4m▲ 4.9%€1.4m▲ 220%€2.6m▲ 81.6%€1.1m▼ 56.9%-€0.03m
Net result-€0.05m--€0.08m▼ 75.4%€0.3mabove the sector's middle half€0.2mwithin the sector's middle half▼ 14.0%€0.9mabove the sector's middle half▲ 274%€2.1mabove the sector's middle half▲ 137%€0.7mabove the sector's middle half▼ 66.7%-€0.08mbelow the sector's middle half
Equity€0.8m-€0.7m▼ 20.6%€0.9mabove the sector's middle half▲ 41.7%€0.7mwithin the sector's middle half▼ 21.3%€1.5mabove the sector's middle half▲ 99.4%€3.6mabove the sector's middle half▲ 143%€4.3mabove the sector's middle half▲ 19.9%€4.2mabove the sector's middle half▼ 1.9%
Total assets€3.6m-€3.7m▲ 3.9%€5.9mabove the sector's middle half▲ 57.8%€9.2mabove the sector's middle half▲ 55.0%€10.8mabove the sector's middle half▲ 18.5%€13.5mabove the sector's middle half▲ 24.6%€12.7mabove the sector's middle half▼ 6.2%€12.8mabove the sector's middle half▲ 1.4%
Debt€2.8m-€3.1m▲ 11.4%€5.0m▲ 61.4%€8.4m▲ 69.5%€9.4m▲ 11.3%€9.9m▲ 5.8%€8.3m▼ 15.8%€8.6m▲ 3.2%
Working capital-€0.6m--€1.0m▼ 72.1%-€0.9mbelow the sector's middle half▲ 12.0%-€0.7mbelow the sector's middle half▲ 17.5%-€0.4mbelow the sector's middle half▲ 40.0%€2.6mabove the sector's middle half€4.7mabove the sector's middle half▲ 84.9%€3.9mabove the sector's middle half▼ 17.6%
Solvency23.4%-17.9%▼ 5.5pp16.0%within the sector's middle half▼ 1.8pp8.1%below the sector's middle half▼ 7.9pp13.7%below the sector's middle half▲ 5.6pp26.7%within the sector's middle half▲ 13.0pp34.2%within the sector's middle half▲ 7.5pp33.1%within the sector's middle half▼ 1.1pp
Current ratio0.48-0.37▼ 0.110.47below the sector's middle half▲ 0.100.49below the sector's middle half▲ 0.020.76below the sector's middle half▲ 0.262.56within the sector's middle half▲ 1.809.92above the sector's middle half▲ 7.364.31above the sector's middle half▼ 5.61
Return on assets (ROA)-1.3%--2.2%▼ 0.9pp4.7%within the sector's middle half▲ 6.9pp2.6%below the sector's middle half▼ 2.1pp8.3%within the sector's middle half▲ 5.7pp15.7%within the sector's middle half▲ 7.5pp5.6%within the sector's middle half▼ 10.1pp-0.7%below the sector's middle half▼ 6.3pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0.7below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €31,937, after a profit of €1.1m in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.8m
Fixed assets
€7.8m ▲ 5.0%
Current assets
€5.1m ▼ 3.6%
Equity and liabilities €12.8m
Equity
€4.2m ▼ 1.9%
Debt
€8.6m ▲ 3.2%
Debt's share of the balance-sheet total rises from 65.8% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€102,289▼
2024 · €1.2m
Cash flow
€50,116▼
2024 · €840,341
Debt to equity
2.03▲
2024 · 1.92
ROE
-2.0%▼
2024 · 16.4%
Interest coverage
0.60▼
2024 · 4.65
Debt ≤ 1 year
€1.2m▲
2024 · €531,415
Debt > 1 year
€7.4m▼
2024 · €7.8m
Income taxes
€31,359▼
2024 · €244,946
Staff costs
€34,980
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 0 |
| part-time | 1 |
| in full-time equivalents | 0.7 |
| Average over the year, in full-time equivalents | 0.7 |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €42,478 | €1.3m | €41,642 | €30,304 | €6,151 |
| Financial fixed assets | €3.6m | - | - | - | €500,000 |
| Depreciation and write-downs of the year | €336,110 | €230,702 | €233,372 | €131,670 | €134,227 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €1.1m | €0.003m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | - | €0.03m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 1.9% |
| Other operating charges640/8 | - | - | - | €0.008m | €0.009m | €0.01m | €0.01m | €0.02m | ▲ 43.4% |
| Non-recurring operating charges66A | - | - | - | - | €0.002m | €454 | €0.1m | €0 | ▼ 100% |
| Gross operating margin9900 | €0.2m | €0.09m | €0.6m | €0.8m | €1.7m | €2.8m | €1.4m | €0.2m | ▼ 88.4% |
| Operating profit (loss)9901 | €0.06m | -€0.04m | €0.4m | €0.4m | €1.4m | €2.6m | €1.1m | -€0.03m | - |
| Financial income75/76B | - | - | - | €4 | €0 | €0.002m | €0.1m | €0.1m | ▲ 32.2% |
| Recurring financial income75 | €182 | €122 | €27 | €4 | €0 | €0.002m | €0.1m | €0.1m | ▲ 32.2% |
| Financial charges65/66B | - | - | - | €0.09m | €0.09m | €0.1m | €0.3m | €0.2m | ▼ 36.0% |
| Recurring financial charges65 | €0.05m | €0.04m | €0.04m | €0.09m | €0.09m | €0.1m | €0.3m | €0.2m | ▼ 36.0% |
| Profit (loss) for the period before taxes9903 | -€0.04m | -€0.08m | €0.4m | €0.4m | €1.3m | €2.5m | €1.0m | -€0.05m | - |
| Income taxes67/77 | €0.003m | €0.002m | €0.1m | €0.1m | €0.4m | €0.3m | €0.2m | €0.03m | ▼ 87.2% |
| Profit (loss) for the period9904 | -€0.05m | -€0.08m | €0.3m | €0.2m | €0.9m | €2.1m | €0.7m | -€0.08m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.05m | -€0.08m | €0.3m | €0.2m | €0.9m | €2.1m | €0.7m | -€0.08m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.6m | €3.7m | €5.9m | €9.2m | €10.8m | €13.5m | €12.7m | €12.8m | ▲ 1.4% |
| Fixed assets21/28 | €3.1m | €3.2m | €5.1m | €8.5m | €9.5m | €9.3m | €7.4m | €7.8m | ▲ 5.0% |
| Tangible fixed assets22/27 | €2.5m | €2.6m | €4.6m | €4.3m | €5.3m | €5.1m | €3.2m | €3.1m | ▼ 4.0% |
| Land and buildings22 | - | - | - | €4.2m | €5.2m | €5.0m | €3.1m | €3.0m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | - | €0.008m | €0.006m | €0.007m | ▲ 22.7% |
| Furniture and vehicles24 | - | - | - | €0.009m | €0.01m | €0.02m | €0.03m | €0.03m | ▼ 22.0% |
| Other tangible fixed assets26 | - | - | - | €0.04m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Financial fixed assets28 | €0.6m | €0.6m | €0.6m | €4.2m | €4.2m | €4.2m | €4.2m | €4.7m | ▲ 11.9% |
| Current assets29/58 | €0.5m | €0.6m | €0.8m | €0.7m | €1.3m | €4.2m | €5.3m | €5.1m | ▼ 3.6% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.4m | €0.5m | €0.6m | €4.0m | €5.1m | €5.0m | ▼ 0.7% |
| Trade receivables40 | - | - | - | €0.04m | €0.03m | €0.003m | €0.01m | €0.03m | ▲ 105% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.6m | €4.0m | €5.0m | €5.0m | ▼ 1.0% |
| Current investments50/53 | €0.001m | €0.001m | €0.001m | €0.001m | €0.5m | €0.06m | €0.04m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.3m | €0.4m | €0.4m | €0.2m | €0.2m | €0.1m | €0.2m | €0.05m | ▼ 66.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.01m | €0.01m | €0.002m | €0.002m | ▲ 3.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.6m | €3.7m | €5.9m | €9.2m | €10.8m | €13.5m | €12.7m | €12.8m | ▲ 1.4% |
| Equity10/15 | €0.8m | €0.7m | €0.9m | €0.7m | €1.5m | €3.6m | €4.3m | €4.2m | ▼ 1.9% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.02m | €0.02m | = |
| Reserves13 | €0.9m | €0.8m | €0.9m | €0.7m | €1.5m | €3.6m | €4.3m | €4.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €1.5m | €3.6m | €4.3m | €4.3m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.1m | - | - | - | €0 | €0 | -€0.08m | - |
| Amounts payable17/49 | €2.8m | €3.1m | €5.0m | €8.4m | €9.4m | €9.9m | €8.3m | €8.6m | ▲ 3.2% |
| Amounts payable after more than one year17 | €1.6m | €1.5m | €3.3m | €7.0m | €7.6m | €8.3m | €7.8m | €7.4m | ▼ 4.9% |
| Financial debts170/4 | - | - | - | €7.0m | €7.6m | €8.3m | €7.8m | €7.4m | ▼ 4.9% |
| Amounts payable within one year42/48 | €1.1m | €1.6m | €1.6m | €1.4m | €1.8m | €1.6m | €0.5m | €1.2m | ▲ 122% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 4.0% |
| Financial debts43 | - | - | - | €327 | - | - | €12 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €327 | - | - | €12 | €0 | ▼ 100% |
| Trade debts44 | €0.05m | €0.003m | €0.009m | €0.1m | €0.008m | €0.2m | €0.1m | €0.005m | ▼ 95.1% |
| Suppliers440/4 | - | - | - | €0.1m | €0.008m | €0.2m | €0.1m | €0.005m | ▼ 95.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.2m | €0.1m | €0.05m | €0.04m | ▼ 8.4% |
| Taxes450/3 | - | - | - | €0.03m | €0.2m | €0.1m | €0.05m | €0.04m | ▼ 15.1% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.003m | - |
| Other amounts payable47/48 | - | - | - | €1.0m | €1.2m | €1.0m | €0.02m | €0.7m | ▲ 46× |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.003m | €0.002m | €0.002m | ▼ 5.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.05m | -€0.08m | €0.3m | €0.2m | €0.9m | €2.1m | €0.7m | -€0.08m | - |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 1.9% |
| Operating cash flow (approximation) | €0.09m | €0.05m | €0.4m | €0.6m | €1.1m | €2.4m | €0.8m | €0.05m | ▼ 94.0% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€2.1m | -€3.6m | -€1.3m | -€0.04m | €1.8m | -€0.5m | - |
| Change in cash | - | €0.09m | -€0.01m | -€0.2m | €0.001m | -€0.09m | €0.04m | -€0.1m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as UPPERWEST has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of UPPERWEST itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,322 companies, not a prediction for UPPERWEST. 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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-10-2026 | 2026-00548122 | |
| 31-12-2024 | abbreviated format | 17-07-2025 | 2025-00278804 | |
| 31-12-2023 | abbreviated format | 15-07-2024 | 2024-00244309 | |
| 31-12-2022 | abbreviated format | 12-07-2023 | 2023-00227194 | |
| 31-12-2021 | abbreviated format | 13-06-2022 | 2022-20058684 | |
| 31-12-2020 | abbreviated format | 28-07-2021 | 2021-41300399 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22200336 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-37800386 | |
| 31-12-2017 | micro format | 23-07-2018 | 2018-36200550 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-49600174 |
Board & ownership
Directors
Directors
2 directors
Van der Perre Sarah
Current
Director · listed in the 2025 annual accounts, filed on 06-10-2026
Weerts Pascal
Current
Director · listed in the 2025 annual accounts, filed on 06-10-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De besluiten van het bestuursorgaan worden vastgelegd in notulen die ondertekend worden door de voorzitter van de vergadering en de leden…”
deed of 15-03-2023Owners and capital
Capital transactions
Capital over time
- 15-03-2023 Converted to available equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Van der Perre Sarah |
|
| Weerts Pascal |
|
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- Equity €652,917 Loss of €85,582 in 2025 (loss of €179,032 in 2024) Checked score 89100%
- Side CollectionFR43.48%
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of UPPERWEST. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
06-10
abbreviated format · 67 days late
2025
31-12
Financial
Weakest financial yearnet -€84,110
The net result drops to -€84,110, the lowest from 2018 to 2025.
17-07
abbreviated format · 14 days before the deadline
2024
31-12
Financial
Liquidity more than triplescurrent ratio 9.92
The current ratio rises from 2.56 to 9.92. Short-term debt falls from €1.6m to €531,415.
11-10
Gazette deed
Registered office moved from Etterbeek to TervurenNew seat: Jezus Eiklaan 119 3080 Tervuren · Previous seat: Sint-Michielslaan 56 1040 Etterbeek · Power of attorney5 points ▸
Gazette deed
Registered office moved from Etterbeek to Tervuren
New seat: Jezus Eiklaan 119 3080 Tervuren · Previous seat: Sint-Michielslaan 56 1040 Etterbeek · Power of attorney5 points ▸
- General meeting, 01-10-2024
- Registered-office move, Jezus Eiklaan 119 3080 Tervuren
- Power of attorney
- Other provision, “uitreiking vóór registratie, artikel 173, 1° bis van het Wetboek registratierechten” (deed in Dutch)
- Power of attorney, Tim CARNEWAL
15-07
abbreviated format · 16 days before the deadline
2023
31-12
Financial
Highest result from 2018 to 2025net €2.1m ▲137%
The operating result of €2.6m and the net result of €2.1m are both a record.
31-12
Financial
Liquidity more than triplescurrent ratio 2.56
The current ratio rises from 0.76 to 2.56. Short-term debt falls from €1.8m to €1.6m.
31-12
Financial
Equity above €2mequity €3.6m ▲143%
After 4 profitable years in a row, equity reaches €3.6m.
12-07
abbreviated format · 19 days before the deadline
15-03
Gazette deed
Amendment of the articles · Legal-form changeCapital conversion · Purpose change · Share issue7 points ▸
Gazette deed
Amendment of the articles · Legal-form change
Capital conversion · Purpose change · Share issue7 points ▸
- General meeting, 02-03-2023
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Purpose change
- Other provision, 28-06-2023
- Amendment of the articles
- Share issue, 1855, “inbrengen” (deed in Dutch)
- Other provision, “uitreiking vóór registratie, artikel 173,1°bis Wetboek registratierechten” (deed in Dutch)
2022
31-12
Financial
Equity above €1mequity €1.5m ▲99.4%
After 3 profitable years in a row, equity reaches €1.5m.
Show earlier events
13-06
abbreviated format · 48 days before the deadline
2021
28-07
abbreviated format · 3 days before the deadline
2020
31-12
Financial
Back to profitnet €278,811
The net result is €278,811, after 2 loss-making years.
29-06
micro format · 32 days before the deadline
2019
25-07
micro format · 6 days before the deadline
2018
23-07
micro format · 8 days before the deadline
2017
28-08
micro format · 28 days late
2002
09-05
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
UPPERWEST in Dutch
Enterprise number
0477.407.769
LEI code
875500WEVTMIMI0H7J78
no longer live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-04-2002
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-03-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Brussels Gewest”
deed of 15-03-2023 (in Dutch)Registered office and establishments
Registered office
Jezus Eiklaan 119, 3080 Tervuren, Belgium
1 former office
- Sint-Michielslaan 56, 1040 Etterbeek until the act of 11-10-2024
Establishment unit
UpperWest, Jezus Eiklaan 119, 3080 Tervuren since 07-06-2007 · unit number 2.164.813.93068203 Renting and operating of own or leased non-residential real estate, excluding land
Activities
NACEBEL 2025VAT activities
69109
Other legal services main activity
Social security (RSZ) activities
68203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
69109
Other legal services main activity
Codes under NACEBEL 2003
74114
main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 15-03-2023 (in Dutch)
“Het waarnemen van alle bestuurs- en controleopdrachten, het uitoefenen van management opdrachten en functies; Bijstand en diensten verlenen…”
18 activities
- Het waarnemen van alle bestuurs- en controleopdrachten, het uitoefenen van management opdrachten en functies
- Bijstand en diensten verlenen van administratieve en juridische aard, in de ruimste zin van het woord, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie, marketing en algemeen bestuur. De verrichtingen die door de wet voorbehouden zijn aan vermogensbeheerders en beleggingsadviseurs zijn de vennootschap verboden
- De recyclage, de sortering, de groot- en kleinhandel, de im- en export, de aan- en verkoop van alle textielwaren, kleding, schoenen, lederwaren, reisartikelen, kledingstoffen, uitzet voor heren en dames, huisraad en meubels en aanverwante producten
- Het uitvoeren van om het even welke activiteiten, verband houdende met informatica, systeemintegratie en met organisatie en methoden, zoals onder meer systeemontwerp, systeemanalyse, programmering, installatie, training, projectbegeleiding en advies, dit alles in de meest ruime zin van het woord
- Zij kan licenties, patenten en octrooien nemen, kopen, verkopen, huren, verhuren, leasen en ter beschikking stellen
- De vennootschap kan alle elektronische toestellen op het gebied van gegevensverwerking, hifi- en huishoudtoestellen, communicatieverwerking alsook alle aanverwante toestellen, goederen of onderdelen in- en uitvoeren, verhandelen en onderhouden
- Het uitvoeren van om het even welke activiteiten, verband houdende met telecommunicatie, zoals onder meer satelietverbindingen, internet toepassingen, dit alles in de meest ruime zin van het woord
- Het organiseren en opstellen van of meewerken aan trainingen, seminaries, cursussen en incentive trainingen; het aankopen, verkopen, verhuren, bewerken, ter beschikking stellen, van alle mogelijke trainings- en cursuspaketten evenals de aanverwante toestellen en uitrustingen
- Het investeren in, aankopen en verkopen van roerende goederen zoals kunst, wagens, postzegels, antiek, e.a.
- De vennootschap mag tevens roerende en onroerende goederen ter beschikking stellen van andere vennootschappen, bestuurders en derden
- Uitsluitend in eigen naam en voor eigen rekening: het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen, al dan niet onder het stelsel van de BTW, met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur- en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten
- Uitsluitend in eigen naam en voor eigen rekening: het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan- en verkoop, de huur- en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen
- Uitsluitend in eigen naam en voor eigen rekening: het aangaan en verstrekken van leningen, kredieten, financieringen en het aangaan van leasingcontracten, in het kader van de bovenvermelde doelstellingen
- De vennootschap kan samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak. Zij mag zich borg stellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken
- Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare, of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen
Invoicing and payment
VAT number
BE 0477.407.769
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Wednesday of June at 14:00
deed of 15-03-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
3.5 ha
Building footprint
885 m²
Building volume
3,677 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24302G0155/00K003 | Flanders | 3.5 ha | 1 · 885 m² | 6.5 m · 1 |