About Upgrace
Upgrace is a private limited company (BV/SRL) based in Menen, founded in 2020. Its main activity is classified as "Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding". For the 2025 financial year, Upgrace reported a loss of €4,814. That makes 5 loss-making financial years in a row for Upgrace. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€3,463. Equity is negative (-€72,227): liabilities exceed assets. In 2021 it was -€13,575. 5 annual accounts are available, covering 2021 to 2025.
- Sectors
- Education and training Wholesalers
- Signals
-
Negative equityNegative equity € -72K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -4KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.63The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -5KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -4KEBITDA is negative: operating activities are loss-making.
- Shareholders
- Luca Investments 50%, Boss 50%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
-3K
|
€
-14K
|
€
17K
|
€
-18K
|
|
|
€
-4K
|
€
-15K
|
€
-2K
|
€
-27K
|
|
|
€
-5K
|
€
-15K
|
€
-3K
|
€
-36K
|
|
|
€
-72K
|
€
-67K
|
€
-52K
|
€
-49K
|
|
|
-88.37%
|
-79.96%
|
-58.37%
|
-70.34%
|
|
|
€
154K
|
€
152K
|
€
141K
|
€
119K
|
|
|
€
81K
|
€
82K
|
€
84K
|
€
19K
|
Publications 4
All publications- Doel - Diversen 15/07/2022
- Benaming - Doel 06/05/2022
- Maatschappelijke Zetel - Ontslagen - Benoemingen 12/04/2022
- Rubriek Oprichting (Nieuwe Rechtspersoon, Opening Bijkantoor, Enz...) 25/05/2020
Frequently asked questions
Answers to the most common questions about Upgrace, based on official government data and the filed annual accounts.
What is the VAT number of Upgrace?
The VAT number of Upgrace is BE0747.538.715.
When was Upgrace established?
Upgrace was founded in 20-05-2020.
What is the official address of Upgrace?
The official address of Upgrace is Spoorwegstraat 7A Menen 8930.
What is the legal form of Upgrace?
The juridical form of Upgrace is Private limited company (BV/SRL).
What is the annual revenue of Upgrace?
The 2025 accounts of Upgrace do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Upgrace a reliable company?
Upgrace is a registered Rechtspersoon with company number 0747.538.715 and can be verified through the official CBE database.
What is the credit limit of Upgrace?
The estimated credit limit of Upgrace is €0.
Is Upgrace still active?
Upgrace currently has the status "Normal situation" and is active.