Debts
€257,799 77% of the balance sheet
UPSIZE
Overview
Lifetime
4 annual accounts with figures on one time axispeak €574,133 (2015)
€574,133▲ 17.8%
peak €24,549 (2012)
€715▼ 92.8%
peak €79,105 (2015)
€79,105▲ 0.9%
€257,799▼ 21.3%
peak 9.4 FTE (2015)
9.4 FTE▲ 3.3%
Documentsfilings and deeds
26-02-201626 days late
2015abbreviated format
Gross margin from €487,533 to €574,133Result from €9,923 to €715Debts from €327,634 to €257,799Cash from €55,578 to €30,512
Key points
from the 2015 annual accounts, the last ones filedFilings
4 annual accounts 3 late
The 2015 accounts came latest: 26 days after the end of the period.
Recent changes
Merger: absorbed by UPGRADE WEST
Dissolution of the company · Dissolved without liquidation · Permanent representative: · General meeting of 28-09-2016 · Gazette deed
Registered office moved within Ghent
New registered office: Burggravenlaan 31/201, 9000 Gent · Previous registered office: KEIZER KARELSTRAAT 175-9000 GENT · Board meeting of 23-06-2014 · Gazette deed
Incorporation
6 publications in the Belgian Official Gazette, the last on 25-10-2016 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by UPGRADE WESTmerger by absorption, June 2016
- Activity
- “Bouwcoördinatie,zijnde procesregie binnen het geheel van het bouwgebeuren;” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2015
- €574,133▲ 17.8%
- ≈ €1.4mestimated
- €715▼ 92.8%
- €79,105▲ 0.9%
- €336,905▼ 17.0%
- 9.4 FTE▲ 3.3%
- Filing
- Filed on 26-02-2016
Insights on UPSIZE
Absorbed by UPGRADE WEST in June 2016. The last annual accounts are for financial year 2015. The company was dissolved without liquidation.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2015
abbreviated format, filed on 26-02-2016, 26 days late€574,133
▲ 17.8%
€30,065
▼ 13.3%
€61,898
▲ 6.4%
€32,547
▼ 2.7%
23.5%
▲ 4.2 percentage points
0.95
▼ 0.09
Money flows
no detail for 2015Balance sheet
balance sheet total €336,905 on 30-06-2015What the company ownsHow it is paid for
in euro
in euro
Staff
€54,243
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2015, 5 people joined and 5 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
336,905 | 406,025 | 441,310 | 266,988 | |
21/28 |
93,075 | 68,082 | 72,688 | 93,366 | |
21 |
5,881 | 10,909 | 15,938 | 20,967 | |
22/27 |
87,195 | 57,173 | 56,295 | 72,400 | |
23 |
1,488 | 3,141 | 3,936 | 4,037 | |
24 |
85,706 | 54,032 | 52,359 | 68,362 | |
28 |
- | - | 455 | - | |
29/58 |
243,829 | 337,942 | 368,622 | 173,622 | |
40/41 |
206,981 | 281,514 | 340,488 | 166,382 | |
40 |
204,520 | 281,372 | 340,355 | 118,952 | |
41 |
2,461 | 141 | 134 | 47,430 | |
54/58 |
30,512 | 55,578 | 27,515 | 7,240 | |
490/1 |
6,336 | 851 | 618 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
336,905 | 406,025 | 441,310 | 266,988 | |
10/15 |
79,105 | 78,390 | 68,468 | 62,149 | |
10/11 |
57,600 | 57,600 | 57,600 | 57,600 | |
100 |
57,600 | 57,600 | 57,600 | 57,600 | |
13 |
21,505 | 20,790 | 10,868 | 4,549 | |
130 |
5,760 | 5,760 | 5,760 | 4,549 | |
133 |
15,745 | 15,030 | 5,108 | - | |
17/49 |
257,799 | 327,634 | 372,842 | 204,839 | |
42/48 |
257,799 | 327,634 | 372,842 | 204,839 | |
44 |
48,069 | 29,126 | 129,334 | 137,656 | |
440/4 |
48,069 | 29,126 | 129,334 | 137,656 | |
45 |
74,771 | 104,222 | 91,122 | 46,927 | |
450/3 |
27,288 | 33,494 | 35,442 | 16,301 | |
454/9 |
47,483 | 70,727 | 55,680 | 30,627 | |
47/48 |
134,959 | 194,287 | 152,386 | 20,256 | |
| Income statement | |||||
70 |
- | - | - | 959,875 | |
9900 |
574,133 | 487,533 | 405,795 | 494,637 | |
60/61 |
- | - | - | 480,739 | |
62 |
509,882 | 426,662 | 359,486 | 441,091 | |
630 |
31,832 | 23,519 | 22,373 | 18,427 | |
640/8 |
2,354 | 2,692 | 2,941 | 2,953 | |
66A |
- | 900 | - | - | |
9901 |
30,065 | 34,659 | 20,995 | 32,166 | |
75/76B |
- | 0 | 555 | 1,233 | |
75 |
- | 0 | 555 | 1,233 | |
65/66B |
27,689 | 12,765 | 7,437 | 292 | |
65 |
27,689 | 12,765 | 7,437 | 292 | |
9903 |
2,376 | 20,994 | 14,113 | 33,107 | |
67/77 |
1,661 | 11,071 | 7,794 | 8,558 | |
9904 |
715 | 9,923 | 6,319 | 24,549 | |
9905 |
715 | 9,923 | 6,319 | 24,549 | |
| Appropriation of the result | |||||
9906 |
715 | 15,030 | 6,319 | 24,549 | |
691/2 |
715 | 15,030 | 6,319 | 4,549 | |
6920 |
- | - | 1,211 | 4,549 | |
6921 |
715 | 15,030 | 5,108 | - | |
694/7 |
- | - | - | 20,000 | |
695 |
- | - | - | 20,000 | |
| Social balance sheet | |||||
9087 |
9.4 | 9.1 | 6.4 | 6 | |
Hours worked1013 |
15,138 | 13,393 | 10,783 | 13,987 | |
| Document | |||||
Source: Annual accounts 2015 (PDF), filed on 26-02-2016.
Filings
each dot is a set of accounts, on the day it reached the National Bank2015 annual accounts filed 26 days after the deadline. Filed on 26 February 2016, deadline 31 January 2016 (7 months after the close on 30 June 2015, Companies Code art. 3:10). Source: NBB, 2016-05100575.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| 61,898 | 58,179 | 43,368 | 50,593 | ||
| 32,547 | 33,442 | 28,692 | 42,976 | ||
| 56,825 | 19,369 | 1,695 | 111,793 | ||
| -25,065 | 28,062 | 20,275 | - | ||
| -13,970 | 10,308 | -4,220 | -31,217 | ||
| - | - | - | 3.4% | ||
| 23.5% | 19.3% | 15.5% | 23.3% | ||
| 0.95 | 1.03 | 0.99 | 0.85 | ||
| 3.26 | 4.18 | 5.45 | 3.30 | ||
| 0.9% | 12.7% | 9.2% | 39.5% | ||
| 0.2% | 2.4% | 1.4% | 9.2% | ||
| - | - | - | 45 days | ||
| - | - | - | 105 days |
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.
Insights on UPSIZE
The operating result for 2015 is 13% lower than in 2014.
Debt's share of the balance-sheet total falls from 80.7% to 76.5%. Equity is higher and debt is lower.
Network & group
No group
UPSIZE has no parent and no holdings in its annual accounts.
Acquisitions and mergers
1 transactionTaken over by:UPGRADE WEST
Connections & network
See the function holders in the KBO register.
Timeline
Timeline
9 events since 2011Capital
Filings
Financial
End
Address
20122014201620182020202220242026
2016
Merger: absorbed by UPGRADE WESTDissolution of the company · Dissolved without liquidation · Permanent representative: · General meeting of 28-09-20163 points ▸
- General meeting, 28-09-2016, mentioned 3 times in the deed
- Permanent representative,
- Accounting effect, 01-04-2016
- The deed holds 11 more points.
- Incorporation, 05-01-2011
- Board composition, (managing director), mentioned twice in the deed
- Board composition, (managing director), mentioned twice in the deed
- Board composition, (managing director), mentioned 3 times in the deed
- Permanent representative, (managing director), mentioned twice in the deed
- Incorporation, 04-01-2005
- Board composition, (managing director), mentioned twice in the deed
- Permanent representative, (managing director)
- Board composition, (managing director)
- Permanent representative,
- Permanent representative,
- Permanent representative,
- Accounting effect, 01-04-2016
- The deed holds 8 more points.
Annual accounts 2015 filed PDFabbreviated format · 26 days late
2015
Weakest financial year net €715 ▼92.8% The net result drops to €715, the lowest from 2012 to 2015.
2014
Annual accounts 2014 filed PDFabbreviated format · 33 days before the deadline
Registered office moved within GhentNew registered office: Burggravenlaan 31/201, 9000 Gent · Previous registered office: KEIZER KARELSTRAAT 175-9000 GENT · Board meeting of 23-06-20142 points ▸
- Board meeting, 23-06-2014
- Registered-office move, Burggravenlaan 31/201, 9000 Gent
Annual accounts 2013 filed PDFabbreviated format · 17 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 12 days late
2011
Incorporation PDF6 publications in the Belgian Official Gazette, the last on 25-10-2016
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
In 2014 the registered office moved to Ghent.1 UPSIZE has filed 4 sets of annual accounts, the latest for financial year 2015.2 In 2016 the company was absorbed by merger into UPGRADE WEST.3
Company details
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Bouwcoördinatie,zijnde procesregie binnen het geheel van het bouwgebeuren; De opvolging en coördinatie van de verschillende loten binnen het…”
12 activities
- Bouwcoördinatie,zijnde procesregie binnen het geheel van het bouwgebeuren;
- De opvolging en coördinatie van de verschillende loten binnen het bouwproces;
- Het uitoefenen van alle activiteiten in verband met bouwcoördinatie en veiligheidscoördinatie,in de meest ruime zin,onder meer deze voorzien in het Koninklijk Besluit van 25 januari 2001 betreffende de tijdelijke of mobiele bouwplaatsen (B.S. 7 februari 2001);
- Het verlenen van adviezen en het uitvoeren van studieopdrachten met betrekking tot alle problemen in verband met planning en ultvoering van bouwprojecten in het algemeen;
- De begeleiding en opvolging van bouwwerven;
- Projectondersteuning van het begin tot het eind;
- Het uitwerken van uitvoeringsdossiers (bestek,meetstaat,prijsvergelijkingen,besprekingen);
- Het uitvoeren van stabiliteitsstudies;
- Het uitvoeren van technische studles voor de elektrische,sanitaire en HVAC-installaties:
- Het verlenen van technisch advies in verband met alle voorgaande activiteiten;
- Alle activiteiten met betrekking tot de realisatie van gebouwen,met ultzondering van die activiteiten die wettelijk voorbehouden zijn aan architecten en onder de goedkeuring en toezicht staan van de Orde van Architecten.
- Het uitvoeren van expertises in de bouw (schadegevallen...),zowel privé dan als gerechtsdeskundige;
Articles of association, deed of 09-08-2016 (in Dutch)
Inactive
Absorbed by UPGRADE WEST in June 2016
UPSIZE is no longer in the KBO register. UPGRADE WEST took it over in a merger by absorption, published in the Belgian Official Gazette on 25 October 2016.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 25 October 2016 · deed
- Absorbed by
- UPGRADE WEST · 0840.066.124
- Last annual accounts
- financial year to 30 June 2015
- Last registered office
- Burggravenlaan 31/201, 9000 Gentas published on 25 October 2016
- Legal form
- CVBA
- First annual accounts
- financial year 2012