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UpREstate

Active
Public limited companyfounded 20188 yrs activeZandvoordestraat 370, 8400 Oostende, BelgiumKBO/BCE: BE 0705.846.036
Summary

UpREstate has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €80,549. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 30% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67▼-7
Solvency43=
Growth68=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340,000 at 30 days acceptable
Liquidity short (current ratio 0.63 against 2.44 in 2024; short-term debt: 6% and cash: 1.9% of total assets), and 81.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.1%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
18 d early
2024
34 d early
2023
29 d early
2022
on the day
2021
23 d early
2020
5 d early
2019
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

UpREstate was incorporated on 26 September 2018.1 Revenue grew from EUR 422,664 in 2022 to EUR 3.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€3.4m▲ 111%
2024 · €1.6m
EBIT margin
23.4%▼ 2.0pp
2024 · 25.4%
Net result
€80,549▼ 7.6%
2024 · €87,200
Working capital
-€840,090
2024 · €5.3m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€422,664€422,664=€1.6m▲ 285%€3.4m▲ 111%
Operating result-€73,436▼ 2,256%€113,906€151,743▲ 33.2%€412,097▲ 172%€801,960▲ 94.6%
Net result€4.3mabove the sector's middle half€67,276within the sector's middle half▼ 98.4%€68,597within the sector's middle half▲ 2.0%€87,200within the sector's middle half▲ 27.1%€80,549within the sector's middle half▼ 7.6%
EBIT margin26.9%35.9%▲ 9.0pp25.4%▼ 10.5pp23.4%▼ 2.0pp
Equity€6.4mabove the sector's middle half▲ 2,037%€6.5mabove the sector's middle half▲ 1.0%€6.6mabove the sector's middle half▲ 1.1%€6.7mabove the sector's middle half▲ 1.6%€6.8mabove the sector's middle half▲ 1.1%
Total assets€9.1mabove the sector's middle half▲ 192%€22.5mabove the sector's middle half▲ 148%€27.1mabove the sector's middle half▲ 20.0%€38.1mabove the sector's middle half▲ 40.8%€37.3mabove the sector's middle half▼ 2.1%
Debt€2.6m▼ 5.8%€16.0m▲ 507%€20.5m▲ 27.7%€31.4m▲ 53.4%€30.6m▼ 2.8%
Working capital€1.1mabove the sector's middle half€1.5mabove the sector's middle half▲ 38.4%€3.6mabove the sector's middle half▲ 141%€5.3mabove the sector's middle half▲ 48.8%-€840,090below the sector's middle half
Solvency70.9%above the sector's middle half▲ 61.2pp28.8%within the sector's middle half▼ 42.0pp24.3%within the sector's middle half▼ 4.6pp17.5%within the sector's middle half▼ 6.8pp18.1%within the sector's middle half▲ 0.6pp
Current ratio1.40within the sector's middle half▲ 1.401.42within the sector's middle half▲ 0.018.51above the sector's middle half▲ 7.102.44within the sector's middle half▼ 6.080.63within the sector's middle half▼ 1.81
Return on assets (ROA)47.0%above the sector's middle half▲ 47.1pp0.3%within the sector's middle half▼ 46.7pp0.3%within the sector's middle half=0.2%within the sector's middle half=0.2%within the sector's middle half=
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0mOperating result 2021: -€73,436-€73,436Net result 2021: €4.3m€4.3mOperating result 2022: €113,906€113,906Net result 2022: €67,276€67,276Operating result 2023: €151,743€151,743Net result 2023: €68,597€68,597Operating result 2024: €412,097€412,097Net result 2024: €87,200€87,200Operating result 2025: €801,960€801,960Net result 2025: €80,549€80,54920212022202320242025€0€250,000€500,000€750,000Operating result 2023: €151,743€152,000Net result 2023: €68,597€68,600Operating result 2024: €412,097€412,000Net result 2024: €87,200€87,200Operating result 2025: €801,960€802,000Net result 2025: €80,549€80,500202320242025
The operating result has risen four years in a row; 2025 is 95% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37.3m
Fixed assets €35.9m ▲ 23.3%
Current assets €1.4m ▼ 84.4%
Equity and liabilities €37.3m
Equity €6.8m ▲ 1.1%
Provisions €4,666
Debt €30.6m ▼ 2.8%
Debt's share of the balance-sheet total falls from 82.5% to 81.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.6m▲
2024 · €1.6m
Cash flow
€1.9m▲
2024 · €1.2m
Quick ratio
0.46▼
2024 · 2.34
Debt to equity
4.53▼
2024 · 4.71
ROE
1.2%▼
2024 · 1.3%
Interest coverage
3.78▼
2024 · 4.96
Debt ≤ 1 year
€2.2m▼
2024 · €3.7m
Debt > 1 year
€28.3m▲
2024 · €27.8m
Income taxes
€26,850▲
2024 · €4,650
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 273 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 98% are still going.

  • Large
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
  • without age
0.7% went bankrupt
1.1% stopped otherwise
98% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 273 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 78 lines
Balance sheet Code20242025
Assets
Total assets20/58€38.1m€37.3m▼
Fixed assets21/28€29.1m€35.9m▲
Tangible fixed assets22/27€29.1m€30.4m▲
Land and buildings22€12.9m€13.4m▲
Plant, machinery and equipment23€14.0m€14.7m▲
Assets under construction and advance payments27€2.3m€2.3m▲
Financial fixed assets28€2,000€5.5m▲
Affiliated companies280/1-€5.5m
Amounts receivable281-€5.5m
Other financial fixed assets284/8€2,000€0▼
Amounts receivable and cash guarantees285/8€2,000€0▼
Current assets29/58€9.0m€1.4m▼
Amounts receivable after more than one year29€5.5m€0▼
Other amounts receivable291€5.5m€0▼
Stocks and contracts in progress3€357,368€378,093▲
Stocks30/36€357,368€378,093▲
Goods purchased for resale34€357,368€378,093▲
Amounts receivable within one year40/41€16,276€295,436▲
Trade receivables40€2,660€295,436▲
Other amounts receivable41€13,616€0▼
Cash at bank and in hand54/58€3.1m€727,688▼
Deferred charges and accrued income490/1€891€342▼
Equity and liabilities
Total equity and liabilities10/49€38.1m€37.3m▼
Equity10/15€6.7m€6.8m▲
Contributions10/11€80,201€80,201=
Capital10€79,516€79,516=
Issued capital100€79,516€79,516=
Outside capital11€685€685=
Share premium1100/10€685€685=
Reserves13€6.6m€6.7m▲
Non-distributable reserves130/1€7,952€7,952=
Legal reserve130€7,952€7,952=
Distributable reserves133€6.6m€6.7m▲
Profit (loss) carried forward14-€3,165
Investment grants15€19,663€13,997▼
Provisions and deferred taxes16-€4,666
Deferred taxes168-€4,666
Amounts payable17/49€31.4m€30.6m▼
Amounts payable after more than one year17€27.8m€28.3m▲
Financial debts170/4€27.8m€28.3m▲
Credit institutions173€27.8m€28.3m▲
Amounts payable within one year42/48€3.7m€2.2m▼
Current portion of amounts payable after more than one year42€1.4m€2.0m▲
Trade debts44€2.2m€212,371▼
Suppliers440/4€2.2m€212,371▼
Taxes, remuneration and social security45€4,383€34,128▲
Taxes450/3€4,383€34,128▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€8,524€21,803▲
Income statement Code20242025
Operating income70/76A€2.6m€3.5m▲
Turnover70€1.6m€3.4m▲
Other operating income74€0€23,301▲
Non-recurring operating income76A€976,605€0▼
Operating charges60/66A€2.2m€2.7m▲
Purchases600/8€357,368€20,725▼
Change in stocks: decrease (increase)609-€357,368-€20,725▲
Services and other goods61€959,392€703,816▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.8m▲
Other operating charges640/8€70,708€116,329▲
Operating profit (loss)9901€412,097€801,960▲
Financial income75/76B€1,228€3,170▲
Recurring financial income75€1,228€3,170▲
Income from current assets751€891€2,349▲
Other financial income752/9€338€821▲
Financial charges65/66B€321,475€697,982▲
Recurring financial charges65€321,475€697,982▲
Debt charges650€316,835€696,351▲
Other financial charges652/9€4,641€1,631▼
Profit (loss) for the period before taxes9903€91,850€107,148▲
Transfer from deferred taxes780-€250
Income taxes67/77€4,650€26,850▲
Taxes670/3€4,650€26,850▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€87,200€80,549▼
Profit (loss) for the period to be appropriated9905€87,200€80,549▼
Appropriation of the result
Profit (loss) to be appropriated9906€87,200€80,549▼
Transfer to equity691/2€87,200€77,383▼
To other reserves6921€87,200€77,383▼

The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€422,664€422,664€2.6m€3.5m▲ 32.8%
Turnover70-€422,664€422,664€1.6m€3.4m▲ 111%
Other operating income74---€0€23,301-
Non-recurring operating income76A---€976,605€0▼ 100%
Operating charges60/66A€73,436€308,758€270,921€2.2m€2.7m▲ 21.1%
Purchases600/8---€357,368€20,725▼ 94.2%
Change in stocks: decrease (increase)609----€357,368-€20,725▲ 94.2%
Services and other goods61€15,846€34,649€21,227€959,392€703,816▼ 26.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55,478€221,774€192,549€1.2m€1.8m▲ 58.0%
Other operating charges640/8€2,112€52,335€57,145€70,708€116,329▲ 64.5%
Operating profit (loss)9901-€73,436€113,906€151,743€412,097€801,960▲ 94.6%
Financial income75/76B€4.3m€79,454€206,588€1,228€3,170▲ 158%
Recurring financial income75€4.3m€79,454€206,588€1,228€3,170▲ 158%
Income from current assets751-€79,454€206,588€891€2,349▲ 164%
Other financial income752/9---€338€821▲ 143%
Non-recurring financial income76B€4.3m€0----
Financial charges65/66B€15,534€121,809€265,665€321,475€697,982▲ 117%
Recurring financial charges65€15,534€121,809€265,665€321,475€697,982▲ 117%
Debt charges650€12,485€118,255€264,223€316,835€696,351▲ 120%
Other financial charges652/9€3,049€3,553€1,442€4,641€1,631▼ 64.9%
Profit (loss) for the period before taxes9903€4.3m€71,551€92,666€91,850€107,148▲ 16.7%
Transfer from deferred taxes780€10,630€0--€250-
Income taxes67/77-€4,275€24,068€4,650€26,850▲ 477%
Taxes670/3-€4,275€24,730€4,650€26,850▲ 477%
Tax adjustments and reversals of tax provisions77--€662€0--
Profit (loss) for the period9904€4.3m€67,276€68,597€87,200€80,549▼ 7.6%
Transfer from tax-exempt reserves789€200,748€0----
Profit (loss) for the period to be appropriated9905€4.5m€67,276€68,597€87,200€80,549▼ 7.6%
Line20212022202320242025Change
Assets
Total assets20/58€9.1m€22.5m€27.1m€38.1m€37.3m▼ 2.1%
Fixed assets21/28€5.4m€17.5m€23.0m€29.1m€35.9m▲ 23.3%
Tangible fixed assets22/27€5.4m€17.5m€23.0m€29.1m€30.4m▲ 4.3%
Land and buildings22€1.8m€1.6m€1.4m€12.9m€13.4m▲ 4.1%
Plant, machinery and equipment23---€14.0m€14.7m▲ 4.5%
Assets under construction and advance payments27€3.5m€15.9m€21.6m€2.3m€2.3m▲ 3.9%
Financial fixed assets28--€2,000€2,000€5.5m▲ 276,699%
Affiliated companies280/1----€5.5m-
Amounts receivable281----€5.5m-
Other financial fixed assets284/8--€2,000€2,000€0▼ 100%
Amounts receivable and cash guarantees285/8--€2,000€2,000€0▼ 100%
Current assets29/58€3.7m€5.0m€4.0m€9.0m€1.4m▼ 84.4%
Amounts receivable after more than one year29---€5.5m€0▼ 100%
Other amounts receivable291---€5.5m€0▼ 100%
Stocks and contracts in progress3---€357,368€378,093▲ 5.8%
Stocks30/36---€357,368€378,093▲ 5.8%
Goods purchased for resale34---€357,368€378,093▲ 5.8%
Amounts receivable within one year40/41€3.7m€4.1m€3.9m€16,276€295,436▲ 1,715%
Trade receivables40€1,645€0-€2,660€295,436▲ 11,007%
Other amounts receivable41€3.7m€4.1m€3.9m€13,616€0▼ 100%
Cash at bank and in hand54/58€3,990€877,877€86,888€3.1m€727,688▼ 76.2%
Deferred charges and accrued income490/1---€891€342▼ 61.6%
Equity and liabilities
Total equity and liabilities10/49€9.1m€22.5m€27.1m€38.1m€37.3m▼ 2.1%
Equity10/15€6.4m€6.5m€6.6m€6.7m€6.8m▲ 1.1%
Contributions10/11€80,201€80,201€80,201€80,201€80,201=
Capital10€79,516€79,516€79,516€79,516€79,516=
Issued capital100€79,516€79,516€79,516€79,516€79,516=
Outside capital11€685€685€685€685€685=
Share premium1100/10€685€685€685€685€685=
Reserves13€6.4m€6.4m€6.5m€6.6m€6.7m▲ 1.2%
Non-distributable reserves130/1€7,952€7,952€7,952€7,952€7,952=
Legal reserve130€7,952€7,952€7,952€7,952€7,952=
Distributable reserves133€6.3m€6.4m€6.5m€6.6m€6.7m▲ 1.2%
Profit (loss) carried forward14----€3,165-
Investment grants15---€19,663€13,997▼ 28.8%
Provisions and deferred taxes16----€4,666-
Deferred taxes168----€4,666-
Amounts payable17/49€2.6m€16.0m€20.5m€31.4m€30.6m▼ 2.8%
Amounts payable after more than one year17-€12.5m€20.0m€27.8m€28.3m▲ 2.0%
Financial debts170/4-€12.5m€20.0m€27.8m€28.3m▲ 2.0%
Credit institutions173-€12.5m€20.0m€27.8m€28.3m▲ 2.0%
Amounts payable within one year42/48€2.6m€3.5m€473,169€3.7m€2.2m▼ 39.1%
Current portion of amounts payable after more than one year42---€1.4m€2.0m▲ 38.1%
Trade debts44-€3.5m€1,631€2.2m€212,371▼ 90.5%
Suppliers440/4-€3.5m€1,631€2.2m€212,371▼ 90.5%
Taxes, remuneration and social security45-€4,275€28,343€4,383€34,128▲ 679%
Taxes450/3-€4,275€28,343€4,383€34,128▲ 679%
Other amounts payable47/48€2.6m-€443,195€0--
Accrued charges and deferred income492/3-€14,774€23,357€8,524€21,803▲ 156%
Line20212022202320242025Change
Profit (loss) for the period9904€4.3m€67,276€68,597€87,200€80,549▼ 7.6%
+ Depreciation and write-downs630€55,478€221,774€192,549€1.2m€1.8m▲ 58.0%
Operating cash flow (approximation)€4.3m€289,050€261,146€1.2m€1.9m▲ 53.4%
Investment in fixed assets (approximation)--€12.4m-€5.7m-€7.3m-€8.6m▼ 18.5%
Change in cash-€873,887-€790,990€3.0m-€2.3m▼ 178%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
State Gazette act Reappointments: NV ESSENSYS, BV DEPUYDT FAMILY and 4 others
Permanent representatives: Dirk Van Lerberghe, Kurt Depuydt and Dirk Deroose10 facts ▸
  • General meeting, 22-06-2026
  • Director reappointment, NV ESSENSYS (non-statutory director)
  • Permanent representative, Dirk Van Lerberghe (permanent representative)
  • Director reappointment, BV DEPUYDT FAMILY (non-statutory director)
  • Permanent representative, Kurt Depuydt (permanent representative)
  • Director reappointment, NV DEROOSE PROJECTS (non-statutory director)
  • Permanent representative, Dirk Deroose (permanent representative)
  • Director reappointment, Veerle Naessens (non-statutory director)
  • Auditor reappointment, BV FIGURAD BEDRIJFSREVISOREN (statutory auditor)
  • Director reappointment, Erik Bauwelinck (wettelijk vertegenwoordiger)
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity times 6current ratio 8.51
Current ratio from 1.42 to 8.51; short-term debt falls from €3.5m to €473,169.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €4.3m
Net result €4.3m after one loss-making year.
31-12
Financial Liquidity times 1349current ratio 1.40
Current ratio from 0.00 to 1.40; short-term debt falls from €2.8m to €2.6m.
31-12
Financial Equity above €5mEq €6.4m ▲2,037%
Equity rises from €301,278 to €6.4m.
26-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€3,371
Net result drops to -€3,371, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts

Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26109716). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

Depuydt Family BV
Non-statutory director · since 22-06-2026 · Legal entity · perm. rep.: Kurt Depuydt
Current
Essensys NV
Non-statutory director · since 22-06-2026 · Legal entity · perm. rep.: Dirk Van Lerberghe
Current
NV DEROOSE PROJECTS
Non-statutory director · since 22-06-2026 · Legal entity · perm. rep.: Dirk Deroose
Current
Veerle Naessens
Non-statutory director · since 22-06-2026
Current

Permanent representatives 3

Dirk Deroose
Permanent representative · since 22-06-2026 · for NV DEROOSE PROJECTS
Current
Dirk Van Lerberghe
Permanent representative · since 22-06-2026 · for Essensys NV
Current
Kurt Depuydt
Permanent representative · since 22-06-2026 · for Depuydt Family BV
Current

Statutory auditor 1

Figurad Bedrijfsrevisoren bv
Statutory auditor · since 22-06-2026
Current

Other functions 1

Erik Bauwelinck
Wettelijk vertegenwoordiger · since 22-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2.2 ha
Building footprint
4,642 m²
Volume, LiDAR
42,612 m³
Parcel 35026A0404/00R000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
UpRestate
Zandvoordestraat 370, 8400 OostendeRenting and operating of own or leased non-residential real estate, excluding land
since 20182.385.798.241
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35026A0404/00R000 Flanders 2.2 ha 1 · 4,641 m² 10.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

6 people since 2026, 6 in office
Show
  • Board
  • Statutory auditor
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Depuydt Family BV
  • Non-statutory director, already before 22-06-2026 to date
Essensys NV
  • Non-statutory director, already before 22-06-2026 to date
NV DEROOSE PROJECTS
  • Non-statutory director, already before 22-06-2026 to date
Veerle Naessens
  • Non-statutory director, already before 22-06-2026 to date
Figurad Bedrijfsrevisoren bv
  • Statutory auditor, from 22-06-2026 to date
Erik Bauwelinck
  • Wettelijk vertegenwoordiger, already before 22-06-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Fresh Food Group 100%
  2. UpCo 100%
  3. UpREstate

Highest known parent: Fresh Food Group. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
FIGURAD BEDRIJFSREVISOREN
via Erik Bauwelinck · Permanent representative
→
former→

Public money · subsidies and aid

Flemish government

2022 to 2024 · 2 entries · 20,000 EUR awarded · 20,000 EUR paid
Year Entries awardedpaid
2024 1 0 EUR20,000 EUR
2022 1 20,000 EUR0 EUR
Schemes
2 entries · 20,000 EUR · 20,000 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 12,041 companies in sector 68203 we hold annual accounts for 6,007. 2,315 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0705846036
Also 9925:BE0705846036

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.