Update Team (Private limited company)
Update Team is a Belgian company registered with the Crossroads Bank for Enterprises under enterprise number 0846.854.837. It was founded on 26-06-2012. Its registered office is in Ghent. Its main activity is: Computer programming, consultancy and related activities. Its annual accounts for 2024 report equity of € 83 711 and a loss of € 62 699. These accounts report 1.9 full-time equivalents. Addrly gives it a financial health grade of E, on a scale from A (safest) to E (most at risk). Its annual accounts for the 2025 financial year have not been filed, although the legal deadline has passed.
Information last updated on 07-10-2026.
Company information
Key figures of Update Team
| 2024 | 2023 | 2022 | |
|---|---|---|---|
Profit / lossiWhat the period earned after taxes. A negative amount is a loss. | € -62 699 | € 8 430-86 % | € 60 604 |
EquityiWhat belongs to the shareholders: capital contributed, reserves and profits kept in the company. | € 83 711-43 % | € 146 410+6 % | € 137 980 |
Total assetsiEverything the company owns. Equal to total equity and liabilities, which says how it is financed. | € 389 193-40 % | € 650 044-31 % | € 947 570 |
Gross marginiSales and other operating income, minus purchases of goods and services. What is left to pay the staff and everything else. | € 94 514-24 % | € 124 810-34 % | € 188 739 |
Employees (FTE)iAverage number of workers over the period, in full-time equivalents. | 1.9 | - | - |
Financial estimate
Similar companies
Other companies in the same activity in Ghent.
| Company | Town |
|---|---|
| CORILUS | 9050 Gent |
| Corilus Elderly Care | 9050 Gent |
| Iptor Belgium | 9050 Gent |
| DAYLIGHT | 9050 Gent |
| DEKIMO Software | 9050 Gent |
| Dekimo Tech I | 9050 Gent |
| INTERCARE | 9050 Gent |
| e2e | 9050 Gent |
Frequently asked questions
Is Update Team still active? Yes. The Crossroads Bank for Enterprises lists Update Team as active.
What is the VAT number of Update Team? The VAT number of Update Team is BE 0846.854.837.
When was Update Team founded? Update Team was founded on 26-06-2012.
What is the address of Update Team? The current registered office of Update Team is Bellevue 1, 9050 Gand.
When did Update Team last file annual accounts? The latest annual accounts of Update Team were filed on 29-08-2025.
Does Update Team file its annual accounts on time? The annual accounts of Update Team for the 2025 financial year have not been filed, although the legal deadline has passed.
How many employees does Update Team have? Update Team employs 1.9 full-time equivalents according to its most recent annual accounts.
Is Update Team financially healthy? Addrly gives Update Team a financial health grade of E, on a scale from A (safest) to E (most at risk). The failure probability and the indicators behind it are visible with a free account.
Is Update Team profitable? The annual accounts of Update Team for 2024 show a loss of € 62 699.
What is the equity of Update Team? The equity of Update Team was € 83 711 at the close of the 2024 financial year.
Who are the directors of Update Team? The annual accounts of Update Team record 1 mandate. The name, role and dates are visible with a free account.
Can Update Team receive Peppol e-invoices? Yes. Update Team is registered on the Peppol network and can receive structured electronic invoices.
What does Update Team do? The main activity of Update Team is: Computer programming, consultancy and related activities.