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UPSILON PROCESS

Active Private limited companyfounded 2017active for 9 yearsBoulevard de l'Europe 131, 1300 WavreKBO/BCE: BE 0672.693.416
UPSILON PROCESS
Financial year 2026
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Annual accounts 2026

abbreviated format, filed on 06-11-2026, 6 days late
€1.0m
▲ 21.5%
€95,304
▲ 13.2%
€33,663
▼ 4.0%
-€40,871
▼ €13,370
7.4%
▼ 3.4 percentage points
0.95
▲ 0.02

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.9m. Estimated: probably between €1.3m and €2.5m.

Balance sheet

balance sheet total €983,319 on 31-03-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

7.4%

Higher than 16% of 10,847 companies in 2025.

0.95

Higher than 35% of 10,470 companies in 2025.

3.4%

Higher than 57% of 10,717 companies in 2025.

UPSILON PROCESS Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Staff

€85,384

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2026, 1 person joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202020192018
Balance sheet: assets
20/58 983,319479,221661,763808,509400,504129,89496,89766,03547,196
21/28 128,982111,621132,712167,342146,05919,7891,6603,8994,439
22/27 127,679110,318131,409166,189144,9069,4311,2973,5364,076
23 40,74121,04838,71373,32848,930----
24 43,29738,27545,02038,85548,7239,4311,2973,5364,076
26 43,64150,99547,67654,00647,253----
28 1,3031,3031,3031,1531,15310,358363363363
29/58 854,337367,600529,051641,167254,445110,10595,23762,13642,757
3 23,542--------
30/36 23,542--------
40/41 725,641306,729504,405603,996250,38767,05223,54623,44025,449
40 721,796278,788504,405603,929250,38767,05222,37714,04124,451
41 3,84527,941-67--1,1699,399998
54/58 90,39858,27213,08332,6923241,32771,69138,69617,308
490/1 14,7562,59911,5634,4794,0261,726---
Balance sheet: equity and liabilities
10/49 983,319479,221661,763808,509400,504129,89496,89766,03547,196
10/15 72,88451,62078,54281,82779,52760,51260,34537,60620,065
10/11 18,60018,60018,60018,60018,60018,60018,6006,2006,200
100 ------18,60018,60018,600
101 -------12,40012,400
13 1,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,8601,860---
130 ------1,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860---
14 52,42431,16058,08261,36759,06740,05239,88529,54612,005
17/49 910,435427,601583,221726,682320,97769,38236,55228,42927,131
17 15,22732,50052,18681,21872,137----
170/4 15,22732,50052,18681,21872,137----
42/48 895,208395,101531,035645,464248,84069,38236,55228,42927,131
42 70,56019,68734,51830,37822,239----
43 645--------
430/8 645--------
44 670,774263,079284,025512,301161,92141,0597,5935,8793,725
440/4 670,774263,079284,025512,301161,92141,0597,5935,8793,725
45 153,214111,725162,00472,59163,86925,9776,1546,8406,897
450/3 43,10731,76398,68347,16250,49119,9766,1546,5906,815
454/9 110,10779,96263,32125,42913,3786,001-25082
47/48 1461050,48830,1948112,34622,80515,71016,509
Income statement
9900 1.0m841,152597,937475,884315,55153,17619,09026,36024,866
62 870,916690,052499,971377,016222,86533,745---
630 48,72359,41066,92456,98032,1233,6702,2402,2401,748
631/4 ----1,259----
640/8 7,0137,5278,5114,6203,9718,8861,8196791,396
9901 95,30484,16322,53137,26855,3336,87515,03123,44121,722
75/76B 105203391597134912--
75 105203391597134912--
65/66B 27,84820,9743,7623,5785,4672121,385223392
65 27,84820,9743,7623,5785,4672121,385223392
9903 67,56263,39218,80833,70549,9636,79714,55823,21821,330
67/77 33,89828,31414,04311,28112,1246,6304,2205,6775,965
9904 33,66335,0784,76522,42437,83916710,33817,54115,365
9905 33,66335,0784,76522,42437,83916710,33817,54115,365
Appropriation of the result
9906 64,82493,16066,13281,49277,89140,05239,88529,54615,365
14P 31,16058,08261,36759,06840,052----
691/2 --------1,860
6920 --------1,860
694/7 12,40062,0008,05020,12518,824---1,500
694 12,40062,0008,05020,12518,824----
695 --------1,500
Social balance sheet
9087 10.28.78.25.94.10.6---
Hours worked1013 15,84911,05111,1189,1417,2741,120---
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The notes to these accounts have 11 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 2026 at the NBB, filed on 06-11-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2026 annual accounts filed 6 days after the deadline. Filed on 6 November 2026, deadline 31 October 2026 (7 months after the close on 31 March 2026, Companies Code art. 3:10). Source: NBB, 2026-00603630.

Financial year Type Filed Reference Document
31-03-2026 abbreviated format 06-11-2026 2026-00603630 PDF
31-03-2025 micro format 31-10-2025 2025-00557983 PDF
31-03-2024 micro format 14-11-2024 2024-00600521 PDF
31-03-2023 micro format 09-11-2023 2023-00510781 PDF
31-03-2022 full format 01-11-2022 2022-20517685 PDF
31-03-2021 full format 02-11-2021 2021-75700077 PDF
31-03-2020 full format 16-11-2020 2020-70800190 PDF
31-03-2019 full format 15-06-2020 2020-16500583 PDF
31-03-2018 micro format 30-11-2018 2018-73500381 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202020192018
144,027143,57389,45594,24887,45610,54517,27125,68123,470
82,38694,48871,68979,40469,9623,83712,57819,78117,113
66,08438,31932,29478,263167,59821,79911,7006,187
32,12645,189-19,60932,660-41,295-30,36432,99521,388-
-40,871-27,501-1,984-4,2975,60540,72358,68533,70715,626
7.4%10.8%11.9%10.1%19.9%46.6%62.3%56.9%42.5%
0.950.931.000.991.021.592.612.191.58
0.930.931.000.991.021.592.612.191.58
12.498.287.438.884.041.150.610.761.35
46.2%68.0%6.1%27.4%47.6%0.3%17.1%46.6%76.6%
3.4%7.3%0.7%2.8%9.4%0.1%10.7%26.6%32.6%
5.176.8523.7826.3416.00----

EBIT margin: not included in this filing.

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

Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Employees at the balance-sheet date1110975
full-time109974
part-time11--1
in full-time equivalents10.99.9974.8
10.28.78.25.94.1
On a permanent contract1110975
Joined12425
Left00201
Training hours0-95--

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets€66,084€38,319€32,144€78,263€167,598
Financial fixed assets€0-€150--
€48,723€59,410€66,924€56,980€32,123

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on UPSILON PROCESS

The operating result for 2026 is 13% higher than in 2025 and the highest since 2018. It is the second rise in a row, after the fall in 2024.

Debt's share of the balance-sheet total rises from 89.2% to 92.6%. Equity and debt are higher.

Next steps

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