The Ultimate Group

Active

Private limited companyfounded 20233 yrs activeOever 16, 2000 Antwerpen, BelgiumKBO/BCE: BE 0801.234.450

The computed 12-month bankruptcy probability of The Ultimate Group is 3.6% (moderate). The 2025 annual accounts show equity of €22k and a net result of €16k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 10250 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

46 / 100

Fair▲ +19 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency6▼-6

Growth78▲+46

Stability94

Bankruptcy probability, 12 months

3.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.75 against 1.01 in 2024), and 98.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

1.4%

Return on assets

1.1%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10250 sector peers (2025).

NBB · sector comparison

Position among 10250 sector peers

Solvency

better than 14%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

32 d early

2024

65 d early

2023

34 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€22k▲ 296%

2024 · €6k

2023: €18k 2024: €6k

2023 → 2025

Total assets

€1.52M▲ 315%

2024 · €366k

2023: €73k 2024: €366k

2023 → 2025

Net result

€16k

2024 · €-13k

2023: €-2k 2024: €-13k

2023 → 2025

Working capital

€-357k

2024 · €4k

2023: €16k 2024: €4k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€18k-€6k▼ 70.1%€22k▲ 296%

Operating result€-1k-€-13k▼ 887%€69k

Net result€-2k-€-13k▼ 734%€16k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €69k after a loss of €13k in 2024, the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.52M

30.8%

69.2%

Fixed assets €467k

Current assets €1.05M

Equity and liabilities €1.52M

98.6%

Equity €22k▲ 296%

Debt €1.50M▲ 315%

The debt ratio rises from 98.5% to 98.6%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€117k▲

2024 · €-12k

Cash flow

€65k▲

2024 · €-12k

Solvency

1.4%▼

2024 · 1.5%

Current ratio

0.75▼

2024 · 1.01

Quick ratio

0.35▼

2024 · 1.01

Debt / equity

68.58▲

2024 · 65.39

ROE

74.7%▲

2024 · -234.6%

ROA

1.1%▲

2024 · -3.5%

Interest coverage

2.42▲

2024 · -65.49

Debt

€1.50M▲

2024 · €361k

Debt ≤ 1 year

€1.41M▲

2024 · €361k

Debt > 1 year

€88k

Income taxes

€7k

Staff costs

€397k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€366k€1.52M▲

Formation expenses20€1k€394▼

Fixed assets21/28-€467k

Intangible fixed assets21-€260k

Tangible fixed assets22/27-€207k

Plant, machinery and equipment23-€16k

Furniture and vehicles24-€4k

Other tangible fixed assets26-€187k

Current assets29/58€365k€1.05M▲

Stocks and contracts in progress3-€563k

Stocks30/36-€563k

Amounts receivable within one year40/41€361k€360k▼

Trade receivables40€332k€295k▼

Other amounts receivable41€29k€65k▲

Cash at bank and in hand54/58€3k€126k▲

Deferred charges and accrued income490/1€819€2k▲

Equity and liabilities

Total equity and liabilities10/49€366k€1.52M▲

Equity10/15€6k€22k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-14k€2k▲

Amounts payable17/49€361k€1.50M▲

Amounts payable after more than one year17-€88k

Financial debts170/4-€88k

Amounts payable within one year42/48€361k€1.41M▲

Current portion of amounts payable after more than one year42-€317k

Financial debts43-€6

Credit institutions430/8-€6

Trade debts44€241k€703k▲

Suppliers440/4€241k€703k▲

Taxes, remuneration and social security45-€85k

Taxes450/3-€12k

Remuneration and social security454/9-€73k

Other amounts payable47/48€120k€303k▲

Income statement Code20242025

Remuneration, social security and pensions62-€397k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€49k▲

Other operating charges640/8€182€7k▲

Gross operating margin9900€-12k€522k▲

Operating profit (loss)9901€-13k€69k▲

Financial income75/76B-€3k

Recurring financial income75-€3k

Financial charges65/66B€179€48k▲

Recurring financial charges65€179€48k▲

Profit (loss) for the period before taxes9903€-13k€24k▲

Income taxes67/77-€7k

Profit (loss) for the period9904€-13k€16k▲

Profit (loss) for the period to be appropriated9905€-13k€16k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-14k€2k▲

Profit (loss) brought forward from the previous period14P€-2k€-14k▼

Social balance

Average headcount (FTE)9087-7.8

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Back to profitnet €16k

Net result €16k after 2 loss-making years.

27-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €-13k

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-10-2024 Resigned as Director

Location & real-estate footprint

Registered office, Antwerpen · 4 establishment units since 2023

establishment All 4 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oever 162000 Antwerpen

Ground area

1,640 m²

Building footprint

1,014 m²

Volume, LiDAR

7,123 m³

4 parcels, Brussels, Flanders · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.

4 establishment units

The Ultimate Group

Molenstraat 82A, 2387 Baarle-HertogRetail sale of women's outerwear

since 20232.344.679.050

The Ultimate Group

Naamsestraat 43, 1000 BrusselRetail sale of women's outerwear

since 20232.344.678.951

Ultimate Antwerp

Oever 16, 2000 AntwerpenRetail trade

since 20252.378.657.160

Ultimate HQ

Van Moerstraat 7, 1000 BrusselActivities of head offices

since 20252.378.657.259

4 parcels

Flanders 2 (50%) Brussels 2 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11804D3366/00F000	Flanders	768 m²	1 · 230 m²	-
13002C0066/00L002	Flanders	451 m²	1 · 383 m²	5.0 m · 1 fl.
21808H1869/00L000	Brussels	331 m²	1 · 330 m²	23.8 m · 6 fl.
21808H0873/00C000	Brussels	90 m²	1 · 71 m²	18.5 m · 5 fl.