Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Less equity than 87% of companies in wholesale trade. Sector median €360,959 · 9,897 companies.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 17% of them on solvency, 51% on liquidity and 33% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 514 companies had the same profile as ULTIMATE PERFORMANCE has now. Each dot stands for 2 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ULTIMATE PERFORMANCE itself: 0.7% within 12 months.
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.
| 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 514 companies, not a prediction for ULTIMATE PERFORMANCE. 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.
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.
| Company | ||||
|---|---|---|---|---|
| ULTIMATE PERFORMANCE Antwerp | €78,986 | €2,719 | 1.5% | - |
| Maks Vans Ham | €75,258 | €3,130 | 10.1% | - |
| URBAN CAR Ternat | €63,764 | €3,351 | 42.7% | - |
| HuNo Bastogne | €104,789 | €2,371 | 30.2% | - |
| MON AGENCE AUTO Tongeren-Borgloon | €78,450 | -€25,364 | -34.5% | - |
| AFA & FILS Vilvoorde | €67,562 | -€2,802 | 15.3% | - |
| Sinaloca Molenbeek-Saint-Jean | €64,294 | €6,600 | 5.3% | - |
These companies have the same main activity as ULTIMATE PERFORMANCE: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €63,800 and €105,000, founded in 2024.
ULTIMATE PERFORMANCE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,206 and a net result of €1,206.
Its solvency ranks better than 13% of 9,901 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €78,000. Estimated: probably between €29,000 and €250,000.
Higher than 13% of 9,901 companies in 2025.
Higher than 20% of 9,664 companies in 2025.
Higher than 39% of 9,779 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
78,986 | |
21/28 |
500 | |
28 |
500 | |
29/58 |
78,486 | |
54/58 |
75,986 | |
490/1 |
2,500 | |
| Balance sheet: equity and liabilities | ||
10/49 |
78,986 | |
10/15 |
1,206 | |
14 |
1,206 | |
17/49 |
77,780 | |
42/48 |
77,780 | |
44 |
47,341 | |
440/4 |
47,341 | |
45 |
25,439 | |
450/3 |
25,439 | |
47/48 |
5,000 | |
| Income statement | ||
9900 |
2,719 | |
640/8 |
1,071 | |
9901 |
1,649 | |
65/66B |
65 | |
65 |
65 | |
9903 |
1,583 | |
67/77 |
377 | |
9904 |
1,206 | |
9905 |
1,206 | |
| Appropriation of the result | ||
9906 |
1,206 | |
| Document | ||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00379309 |
| Line | Trend | 2025 |
|---|---|---|
| 500 | ||
| 706 | ||
| 1.5% | ||
| 1.01 | ||
| 64.48 | ||
| 100.0% | ||
| 1.5% |
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.
| Item | 2025 |
|---|---|
| Financial fixed assets | €500 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 98.5%.
ULTIMATE PERFORMANCE has no parent and no holdings in its annual accounts. Chatar Choukri is the only director.
| ARMAR LOODGIETERIJ
registered office since 27-10-2022 · founded in 2022 |
total assets €16,980 (2025) 0792.933.923 |
| Sterling Group via Chatar Choukri, no longer at Sterling Group · Director (not named in the articles) · deed of 22-02-2023 founded in 2020 · negative equity (2025) |
2.3 FTE (2025) |
| Brasserie 19 via Chatar Choukri, no longer at Brasserie 19 · Director · deed of 03-06-2024 founded in 2024 · accounts filed late |
total assets €198,831 (2025) |
| C.MOTORS via Chatar Choukri, no longer at C.MOTORS · Manager · deed of 30-03-2018 No longer active |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Portugesestraat 86 registered office 2660 Antwerp | 18-02-2025 | 2.370.290.416 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11019B0106/00W009 | 273 m² | 1 · 189 m² | 9.8 m · 3 |
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