Ultima
ActiveSummary
The computed 12-month bankruptcy probability of Ultima is 2.7% (moderate). The 2025 annual accounts show equity of €21,898 and a net result of €254. Equity remains stable across the filed fiscal years (±0.2% per year). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 10 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 2,548 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,548 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €121 | - |
| Other operating charges640/8 | €320 | €810 | €1,109 | ▲ 36.9% |
| Gross operating margin9900 | €25,623 | €4,612 | €7,349 | ▲ 59.4% |
| Operating profit (loss)9901 | €25,303 | €3,802 | €6,118 | ▲ 60.9% |
| Financial income75/76B | €41 | €244 | €0 | ▼ 100% |
| Recurring financial income75 | €41 | €244 | €0 | ▼ 100% |
| Financial charges65/66B | €185 | €2,728 | €3,197 | ▲ 17.2% |
| Recurring financial charges65 | €185 | €2,728 | €3,197 | ▲ 17.2% |
| Profit (loss) for the period before taxes9903 | €25,158 | €1,318 | €2,921 | ▲ 122% |
| Income taxes67/77 | €6,193 | €1,638 | €2,666 | ▲ 62.7% |
| Profit (loss) for the period9904 | €18,965 | -€321 | €254 | ▲ 179% |
| Profit (loss) for the period to be appropriated9905 | €18,965 | -€321 | €254 | ▲ 179% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €29,478 | €28,200 | €29,852 | ▲ 5.9% |
| Fixed assets21/28 | - | - | €1,222 | - |
| Tangible fixed assets22/27 | - | - | €1,222 | - |
| Furniture and vehicles24 | - | - | €1,222 | - |
| Current assets29/58 | €29,478 | €28,200 | €28,630 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €16,679 | €24,840 | €10,259 | ▼ 58.7% |
| Trade receivables40 | €615 | €801 | €0 | ▼ 100% |
| Other amounts receivable41 | €16,063 | €24,039 | €10,259 | ▼ 57.3% |
| Cash at bank and in hand54/58 | €12,759 | €3,117 | €16,817 | ▲ 440% |
| Deferred charges and accrued income490/1 | €41 | €244 | €1,555 | ▲ 538% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €29,478 | €28,200 | €29,852 | ▲ 5.9% |
| Equity10/15 | €21,965 | €21,644 | €21,898 | ▲ 1.2% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €18,965 | €18,644 | €18,898 | ▲ 1.4% |
| Distributable reserves133 | €18,965 | €18,644 | €18,898 | ▲ 1.4% |
| Amounts payable17/49 | €7,513 | €6,556 | €7,954 | ▲ 21.3% |
| Amounts payable within one year42/48 | €7,513 | €6,306 | €7,517 | ▲ 19.2% |
| Trade debts44 | €320 | €0 | €660 | - |
| Suppliers440/4 | €320 | €0 | €660 | - |
| Taxes, remuneration and social security45 | €7,193 | €6,306 | €2,791 | ▼ 55.7% |
| Taxes450/3 | €7,193 | €6,306 | €2,791 | ▼ 55.7% |
| Other amounts payable47/48 | - | - | €4,065 | - |
| Accrued charges and deferred income492/3 | - | €250 | €437 | ▲ 75.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,965 | -€321 | €254 | ▲ 179% |
| + Depreciation and write-downs630 | - | - | €121 | - |
| Operating cash flow (approximation) | €18,965 | -€321 | €376 | ▲ 217% |
| Change in cash | - | -€9,642 | €13,700 | ▲ 242% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35003D0171/00B002 | Flanders | 1,403 m² | 1 · 139 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.