Turnover
≈ €170,000 estimated
The micro format states no turnover.
Ultimate
Overview
Lifetime
2 annual accounts with figures on one time axispeak €80,328 (2024)
€57,872▼ 28.0%
peak €56,905 (2024)
€30,110▼ 47.1%
peak €92,016 (2025)
€92,016▲ 48.6%
€58,411▼ 17.4%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
08-12-202554 days before the deadline
2025micro format
Gross margin from €80,328 to €57,872Result from €56,905 to €30,110Equity from €61,905 to €92,016Debts from €70,725 to €58,411
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as Ultimate has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,274 companies, not a prediction for Ultimate. 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 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
Board and ownership
Director, since 25-05-2023
- 50 sharesdeed of 30-05-2023
- 50 sharesdeed of 30-05-2023
Recent changes
Resignation: (director)
General meeting of 11-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802087357
First establishment
Ultimate Private Health Club, Jean-Baptiste de Ghellincklaan 27, Ghent
Registered office moved to Sint-Denijs-Westrem
New registered office: Jean-Baptiste De Ghellincklaan 27-bus 0301 9051 Sint-Denijs-Westrem · Previous registered office: Notarisstraat 23B · Board meeting of 16-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ultimate Ghent | €150,426 | €57,872 | 61.2% | - |
| PURE K PILATES Boutersem | €139,460 | €48,766 | 57.5% | - |
| COACHING & COÖRDINATION TEAM Sint-Martens-Latem | €102,059 | €51,830 | 35.7% | - |
| Toddle & Tumble Merelbeke-Melle | €215,452 | €79,487 | 27.0% | - |
| Muscle Up Sports Zoersel | €114,200 | €55,531 | 52.6% | - |
| Next Level Performance Rotselaar | €116,249 | €44,589 | 64.1% | - |
| DC POLE STUDIO Leuven | €158,879 | €86,095 | 61.8% | - |
These companies have the same main activity as Ultimate: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €102,000 and €215,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 25-05-2023Normal situation
- Activity
- Sports and recreation educationNACE 85510and 2 others
- Establishment unit
- 2.361.469.2559051 Ghent, since 01-07-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 26-03-2025
Annual accounts to 30-06-2025
- €57,872▼ 28.0%
- €30,110▼ 47.1%
- €92,016▲ 48.6%
- €150,426▲ 13.4%
- Filing
- Filed on 08-12-2025, 54 days before the end of the filing period
Insights on Ultimate
Ultimate has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,016 and a net result of €30,110.
Its solvency ranks better than 65% of 2,745 sector peers (NACE 85, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 08-12-2025, 54 days before the deadline€57,872
▼ 28.0%
€45,188
▼ 38.8%
€30,110
▼ 47.1%
€71,606
▲ 52.4%
61.2%
▲ 14.5 percentage points
3.28
▲ 1.12
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €110,000 and €300,000.
Balance sheet
balance sheet total €150,426 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
61.2%
Higher than 65% of 2,745 companies in 2025.
3.28
Higher than 70% of 2,602 companies in 2025.
20.0%
Higher than 72% of 2,636 companies in 2025.
Ultimate
Middle half of the sector
80% of the sector
Micro accounts in education (NACE 85)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
150,426 | 132,630 | |
21/28 |
47,473 | 45,120 | |
22/27 |
38,473 | 45,120 | |
23 |
2,512 | 1,675 | |
24 |
3,542 | 1,970 | |
25 |
32,418 | 41,476 | |
28 |
9,000 | - | |
29/58 |
102,954 | 87,510 | |
40/41 |
23,662 | 14,670 | |
40 |
16,746 | 14,670 | |
41 |
6,916 | - | |
54/58 |
77,141 | 71,287 | |
490/1 |
2,152 | 1,552 | |
| Balance sheet: equity and liabilities | |||
10/49 |
150,426 | 132,630 | |
10/15 |
92,016 | 61,905 | |
10/11 |
5,000 | 5,000 | |
13 |
87,016 | 56,905 | |
133 |
87,016 | 56,905 | |
17/49 |
58,411 | 70,725 | |
17 |
22,063 | 30,214 | |
170/4 |
22,063 | 30,214 | |
42/48 |
31,348 | 40,511 | |
42 |
8,151 | 7,791 | |
44 |
4,045 | 6,805 | |
440/4 |
4,045 | 6,805 | |
45 |
19,152 | 23,946 | |
450/3 |
19,152 | 23,946 | |
47/48 |
0 | 1,969 | |
492/3 |
5,000 | - | |
| Income statement | |||
9900 |
57,872 | 80,328 | |
630 |
11,361 | 4,781 | |
640/8 |
1,324 | 1,663 | |
9901 |
45,188 | 73,883 | |
75/76B |
0 | 4 | |
75 |
0 | 4 | |
76B |
0 | - | |
65/66B |
1,853 | 1,187 | |
65 |
1,853 | 1,187 | |
9903 |
43,335 | 72,700 | |
67/77 |
13,225 | 15,795 | |
9904 |
30,110 | 56,905 | |
9905 |
30,110 | 56,905 | |
| Appropriation of the result | |||
9906 |
30,110 | 56,905 | |
691/2 |
30,110 | 56,905 | |
6921 |
30,110 | 56,905 | |
| Document | |||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 56,548 | 78,665 | ||
| 41,471 | 61,687 | ||
| 15,388 | 49,901 | ||
| 5,853 | - | ||
| 71,606 | 46,999 | ||
| 61.2% | 46.7% | ||
| 3.28 | 2.16 | ||
| 0.63 | 1.14 | ||
| 32.7% | 91.9% | ||
| 20.0% | 42.9% | ||
| 30.52 | 66.29 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €6,388 | €49,901 |
| Financial fixed assets | €9,000 | - |
| €11,361 | €4,781 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Ultimate
The operating result for 2025 is 39% lower than in 2024.
Debt's share of the balance-sheet total falls from 53.3% to 38.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, no change since January 2026Director (not named in the articles)
since 25-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 08-12-2025
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Director (not named in the articles)
BoardEarlier
Mandates as a list
-
- Director (not named in the articles), from 25-05-2023 to date
-
- Director (not named in the articles), from 25-05-2023 to 12-01-2026
Control
Founders
,
This company
Ultimate
Equity €92,016
Profit €30,110 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €920 in 2025
- Source
- deed of 30-05-2023
Articles of association
deed of 30-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Behalve deze die wet of statuten aan algemene vergadering voorbehouden, kiest onder haar leden een voorzitter”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of December at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 30-05-2023 ↗
- 50 shares (50%) · €2,500
- 50 shares (50%) · €2,500
Network & group
Holdings
own accounts to 30-06-2025This companyUltimate1 holding, 1 country
accounts to 30-06-2025
Belgium 1
- BE 90% - result -
At the same address
Jean-Baptiste de Ghellincklaan 27, 9051 Ghent · 4 other companies| RECTICEL
establishment since 01-04-2024 · founded in 1896 |
227 FTE (2025) 0405.666.668 |
| RECTICEL INTERNATIONAL SERVICES
establishment since 01-04-2024 · founded in 1986 · group RECTICEL |
total assets €47.8m (2025) 0428.343.981 |
| Cloud Innovation
establishment since 01-04-2012 · founded in 2012 |
total assets €1.3m (2025) 0844.532.379 |
| Ultimate Health Club
registered office since 12-06-2025 |
founded in 2025 1024.244.180 |
Earlier ties
via , at Ultimate until 2026 · Director · deed of 28-10-2026 founded in 2024 |
total assets €16,021 (2025) |
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
- subsidiarySourceown accounts 30-06-202590%
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
7 events since 2023Board
Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
Resignation: (director)General meeting of 11-12-20252 points ▸
- General meeting, 11-12-2025
- Director resignation,
2025
Annual accounts 2025 filed PDFmicro format · 54 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802087357
Annual accounts 2024 filed PDFmicro format · 10 days before the deadline
2024
First establishment Ultimate Private Health Club, Jean-Baptiste de Ghellincklaan 27, Ghent
2023
Registered office moved to Sint-Denijs-WestremNew registered office: Jean-Baptiste De Ghellincklaan 27-bus 0301 9051 Sint-Denijs-Westrem · Previous registered office: Notarisstraat 23B · Board meeting of 16-07-20232 points ▸
- Board meeting, 16-07-2023
- Registered-office move, Jean-Baptiste De Ghellincklaan 27-bus 0301 9051 Sint-Denijs-Westrem
IncorporationFounding capital of €5,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 30-05-20237 points ▸
- Founder,
- Founder,
- Founding capital, €5,000, 100 shares
- Registered office clause, Notarisstraat 23B, 9000 Gent
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- The deed holds 7 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.087.357
- VAT number
- BE 0802.087.357
- Peppol ID
- 0208:0802087357
- Other Peppol ID
- 9925:BE0802087357
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-05-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of December at 18:00deed of 30-05-2023 (in Dutch)
- Peppol
- Reachable since 26-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Ultimate in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 30-05-2023 (in Dutch)
Activities
NACEBEL 202585510
Sports and recreation education main activity
Codes under NACEBEL 2008
85510
Sports and recreation education main activity
47299
Retail trade
86909
Human health activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Exploitatie van een studio voor personal training en fitness inclusief de begeleiding van cliënten op sportief gebied; Aanbieden van…”deed of 30-05-2023 (in Dutch)
25 activities
- Exploitatie van een studio voor personal training en fitness inclusief de begeleiding van cliënten op sportief gebied
- Aanbieden van diensten van een personal trainer en fitnessinstructeur
- Het geven van voedingsadvies gericht op een gezonde levensstijl
- Sportverzorging en sportmassage
- Gezondheidsadvies in de breedste zin van het woord
- Alle ondersteunende diensten in verband met sportbeoefening
- Verkoop van materialen gerelateerd aan lichamelijke gezondheid (zoals bijvoorbeeld verbanden,tape,brace en dergelijke)
- Zelfstandig werkende sportbeoefenaar
- Verkoop van fitnessmaterialen
- Het aanbieden van sport- en recreatieonderwijs
- Overige vormen van onderwijs en advies gericht op gezondheid
- Exploitatie van sportaccommodatie
- De vennootschap mag het mandaat van bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen uitoefenen
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm. In dit kader kan zij zich ook borg stellen en in de meest ruime zin alle handels- en financiële operaties verrichten behalve die wettelijk zijn voorbehouden aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
- Het verlenen van adviezen van technische,commerciële of administratieve aard; in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en verkoop,productie en algemeen bestuur
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in de handel
- Voor eigen rekening: het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan-en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan doe het genot zouden hebben van deze roerende en onroerende goederen
- Voor eigen rekening: het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
- De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
- De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
- Bovenvermelde opsomming is niet beperkend,zodat de vennootschap alle handelingen kan stellen,die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp
- De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland,op alle wijzen en manieren,die zij het best geschikt zou achten
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de wetten en koninklijke besluiten ter zake
- De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Ultimate Private Health Club registered office Jean-Baptiste de Ghellincklaan 27, 9051 Ghent | 01-07-2024 | 2.361.469.255 |
Buildings and parcels at the address
- Ground area
- 5,063 m²
- Buildings
- 626 m²
- Volume, LiDAR
- 6,285 m³
- Tallest building
- 20.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44062D0400/00A000 | 5,063 m² | 1 · 626 m² | 20.6 m · 4 |