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UPSTREAM SOLUTIONS

Active Risk: not assessed Private limited companyfounded 2006active for 19 yearsLegeweg 12, 8340 DammeKBO/BCE: BE 0885.317.119 #10 company by total assets in Damme, Finance and insurance sector

Lifetime

19 annual accounts with figures on one time axis
peak €743,892 (2023)
€112,512▼ 5.5%
lowest -€258,369 (2019)
-€131,604▲ €21,380
peak €1.6m (2025)
€1.6m▲ 610%
€3.4m▼ 2.1%
peak 0.1 FTE (2010)
-not published
Board1 name since 2021
1 directorLehouck Frank
Documentsfilings and deeds
29-10-202690 days late
2025micro format
Loss of €131,604Equity from €220,731 to €1.6mInvestments €1.5mCash from €113,251 to €25,297

Key points

from the 2025 annual accounts

Equity

€1.6m ▲ 610%
€221,0002024€1.6m2025

Equity rose in 2025 from €220,731 to €1.6m.

Losses

-€284,587 in two years
-152,9842024-131,6042025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Investments

€24,222 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 40.3% higher than in 2024.

Filings

19 annual accounts 90 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Position in the sector

-€131,604

Lower net result than 95% of companies in financial services. Sector median €32,855 · 9,772 companies.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Two signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.6m
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
90 days late
2024
212 days late
2023
82 days late
2022
178 days late
2021
142 days late
2020
223 days late
2019
8 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 131 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 20 December (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0885317119
Registered office moved within Damme New registered office: Legeweg 12, 8340 Damme (Moerkerke) · Previous registered office: Markvlietstraat 1A, 8340 Damme (Moerkerke) · Change of role: Lehouck Frank, from manager to statutory director · Gazette deed
First establishment Legeweg 12, Damme
Incorporation published on 07-12-2006 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
UPSTREAM SOLUTIONS Damme €5.9m €112,512 26.7% -
MDCD Middelkerke €6.5m €118,795 62.2% -
DE HANTSETTERS Diksmuide €4.6m €114,127 72.0% -
Artaman Bilzen-Hoeselt €6.1m €125,452 77.2% -
4U Aalter €6.0m €114,531 19.7% -
GERVE Wijnegem €4.7m €103,390 99.1% 0
Kashold Landen €5.1m €136,191 51.6% 1

These companies have the same main activity as UPSTREAM SOLUTIONS: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €4.6m and €6.5m, founded between 2004 and 2008.

Official details

Source: KBO
Status
Active since 27-11-2006Normal situation
Activity
Activities of holding companiesNACE 64210and 1 other
Establishment unit
2.158.387.1848340 Damme, since 09-01-2007
Financial year end
31 December
Peppol
Reachable since 14-10-2024
Company details

Annual accounts 2025

€5.9m▲ 27.9%
Filing
Filed on 29-10-2026
Financials

Insights on UPSTREAM SOLUTIONS

UPSTREAM SOLUTIONS files the micro format. That format states no turnover. The gross margin rose from €88,630 in 2007 to €112,512 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.

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 UPSTREAM SOLUTIONS

What is the company number of UPSTREAM SOLUTIONS?
The company number of UPSTREAM SOLUTIONS is 0885.317.119. The VAT number is the same number with BE in front: BE 0885.317.119.
Where is UPSTREAM SOLUTIONS based?
The registered office is at Legeweg 12, 8340 Damme.Company details
What does UPSTREAM SOLUTIONS do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of UPSTREAM SOLUTIONS?
UPSTREAM SOLUTIONS is a private limited company (BV).
When was UPSTREAM SOLUTIONS founded?
UPSTREAM SOLUTIONS was founded on 27-11-2006.
Is UPSTREAM SOLUTIONS still active?
Yes, UPSTREAM SOLUTIONS is an active enterprise in the KBO register.
What is the turnover of UPSTREAM SOLUTIONS?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €112,512 and 32 comparable companies (NACE 64210). It probably lies between €150,000 and €220,000.Financials
Is UPSTREAM SOLUTIONS profitable?
In financial year 2025, UPSTREAM SOLUTIONS made a loss of €131,604.
Where can I find the annual accounts of UPSTREAM SOLUTIONS?
UPSTREAM SOLUTIONS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of UPSTREAM SOLUTIONS due?
UPSTREAM SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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