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ULTIM8

Active Private limited companyfounded 2011active for 15 yearsDries 133, 9550 HerzeleKBO/BCE: BE 0834.597.601 #9 company by equity in Herzele, Transport and storage sector

Lifetime

14 annual accounts with figures on one time axis
peak €142,494 (2025)
€142,494▲ 71.4%
lowest -€13,576 (2016)
€95,492▲ 128%
peak €608,441 (2025)
€608,441▲ 13.3%
€83,781▲ 174%
Board2 names since 2011
2 directorsBERT Christiaan and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €83,157 to €142,494Result from €41,891 to €95,492Dividend €24,000Equity from €536,949 to €608,441Debts from €30,627 to €83,781Cash from €112,670 to €193,791

Key points

from the 2025 annual accounts

Equity

€608,441 ▲ 13.3%

ULTIM8 has made a profit without a break since 2017.

Result

€95,492 ▲ 128%
€41,9002024€95,5002025

The result rose in 2025: mostly from a one-off income of €152,543.

Turnover

≈ €350,000 estimated

The accounts state no turnover.

Debts

€83,781 ▲ 174%
Financial debts
+33,251
Suppliers
+7,956
Taxes and wages
+1,320
The rest
+10,626

Debts rose by €53,154 in 2025.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2017 accounts came latest: 45 days after the end of the period.

Position in the sector

€95,492

Higher net result than 95% of companies in land transport. Sector median €5,707 · 5,906 companies.

Checked score

97
Excellent
Financially stronger than 79% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 9,101 companies (NACE 49, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 87.9% of total assets
85+10short-term debt 6.2% · cash 28.0%
86+8return on assets 13.8%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Liquidity: current ratio 13.50, cash €193,791
Equity €608,441 (87.9% of total assets)
Figures for financial year 2025 (filed on 01-08-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 92% of them on solvency, 88% on liquidity, 75% on profitability and 59% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as ULTIM8 has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.1%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of ULTIM8 itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for ULTIM8. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €55,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 13.5 (16.63 in 2024), above the usual 1.5. Short-term debt is 6.2% and cash 28% of total assets. 12.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Liquidity: current ratio 13.50, cash €193,791
NBB · annual accounts
lowers risk · Equity €608,441 (87.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-08-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
16 days early
2023
5 days early
2022
7 days early
2021
23 days early
2020
5 days late
2019
3 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 7 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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 24 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 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 0208:0834597601
Change of role: DE BEER Isabelle, from manager to director Appointment: BERT Christiaan (statutory director) · “Activiteiten in de culturele sector zoals muzikale expertise en productie van muziek; dit in de meest ruime…” (deed in Dutch) · Director discharge: DE BEER Isabelle · General meeting of 05-12-2023 · Gazette deed
Incorporation published on 29-03-2011 · Gazette deed
First establishment Dries 133, Herzele
All 26 events

Comparable companies

same main activity, similar in size and age
Company
ULTIM8 Herzele €692,222 €142,494 87.9% -
MATEJ Zandhoven €608,874 €192,323 38.5% -
Bosman-Dhont Nazareth-De Pinte €556,340 €87,001 91.0% -
WILLEMYNS RENTAL & SERVICES Zulte €588,664 €77,082 33.4% -
CORNELIS TAXIS Ganshoren €650,285 €240,830 10.5% 5.9
PERSONAL CAR SERVICES Antwerp €484,944 €177,521 6.8% -
TAXI CITY Jette €600,773 €141,959 77.0% 7.3

These companies have the same main activity as ULTIM8: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €485,000 and €650,000, founded between 1997 and 2009.

Official details

Source: KBO
Status
Active since 17-03-2011Normal situation
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330and 4 others
Establishment unit
2.198.225.5799550 Herzele, since 17-03-2011
Financial year end
31 December
Peppol
Reachable since 03-09-2025
Company details

Annual accounts 2025

€692,222▲ 22.0%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on ULTIM8

ULTIM8 files the micro format. That format states no turnover. The gross margin rose from €29,812 in 2012 to €142,494 in 2025.

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 ULTIM8

What is the company number of ULTIM8?
The company number of ULTIM8 is 0834.597.601. The VAT number is the same number with BE in front: BE 0834.597.601.
Where is ULTIM8 based?
The registered office is at Dries 133, 9550 Herzele.Company details
What does ULTIM8 do?
According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of ULTIM8?
ULTIM8 is a private limited company (BV).
When was ULTIM8 founded?
ULTIM8 was founded on 17-03-2011.
Is ULTIM8 still active?
Yes, ULTIM8 is an active enterprise in the KBO register.
What is the turnover of ULTIM8?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €142,494 and 86 comparable companies (NACE 49). It probably lies between €280,000 and €480,000.Financials
Is ULTIM8 profitable?
In financial year 2025, ULTIM8 made a profit of €95,492.
Where can I find the annual accounts of ULTIM8?
ULTIM8 filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ULTIM8 due?
ULTIM8 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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