Active BE 0686.616.478Private limited company (pre-2019)Open bankruptcy

ULTIMATE STRENGTH

Poekestraat 26 ·9850 Deinze, Belgium· 8 yrs active

Sector: NACE 82100 (82100)

Conclusion Checked

A bankruptcy procedure is open for ULTIMATE STRENGTH according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €1.78M and a net result of €10k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€1.78M
Net result	€10k
Better than sector	95%
Active	8 yrs

Snowflake analysis 5 axes · computed by Checked

39 / 100

Fragile profile, watch stability in particular.

Health 16

Profitability 3

Solvency 100

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

16 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 06-10-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	93.2%	53.7%	better than 95% of 3170 sector peers
Net result	€10k	€18k	better than 39% of 3169 sector peers
Equity	€1.78M	€40k	better than 95% of 3172 sector peers
Gross operating margin	€-28k	€36k	better than 5% of 3169 sector peers
Total assets	€1.91M	€93k	better than 95% of 3175 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-37k

-7.1% far below sector median

Net profit

€10k

- -64% vs sector

Cash flow

€10k

- -85% vs sector

Total assets

€1.91M

+0.6% +150% vs sector

Equity

€1.78M

+0.6% far above sector median

Working capital

€1.78M

+0.5% far above sector median

Income taxes

€5k

-95.0% -64% vs sector

Debt

€130k

+0.8% -65% vs sector

Debt ≤ 1y

€130k

+3.2% -43% vs sector

Current ratio

14.75

-2.5% far above sector median

Quick ratio

14.75

-2.5% far above sector median

Solvency

93.2%

0.0% +72% vs sector

Debt / equity

0.07

+0.2% -91% vs sector

ROE

0.6%

- -94% vs sector

ROA

0.5%

- -89% vs sector

Interest coverage

-272.89

-909.0% far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€-37k
Net profit	€10k
Cash flow	€10k
Staff costs	-
Income taxes	€5k
Dividends	-
Total assets	€1.91M
Equity	€1.78M
Debt	€130k
of which ≤ 1y	€130k
of which > 1y	-
Working capital	€1.78M
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	14.75
Quick ratio	14.75
Working capital ratio	93.2%
Solvency	93.2%
Debt / equity	0.07
Long-term debt ratio	-
Interest coverage	-272.89
Gross margin	-
Net margin	-
ROA	0.5%
ROE	0.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €1.78M · 93.2% Debt €130k · 6.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.91M
Fixed assets	21/28	€0
Tangible fixed assets	22/27	€0
Current assets	29/58	€1.91M
Amounts receivable within one year	40/41	€13k
Cash & bank	54/58	€49
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.91M
Equity	10/15	€1.78M
Contributions / capital	10/11	€378k
Reserves	13	€1.40M
Amounts payable	17/49	€130k
Amounts payable within one year	42/48	€130k
Trade debts payable within one year	44	€6k
Income statement
Gross operating margin	9900	€-28k
Operating result	9901	€-37k
Financial income	75	€53k
Financial charges	65	€136
Result before taxes	9903	€16k
Income taxes	67/77	€5k
Net result for the period	9904	€10k
Result to be appropriated	9905	€10k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	VERA DE DIJCKER ROOSBLOEMSTRAAT 4, 9860 OOSTERZELE	04-11-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	82100
Legal form	Private limited company (pre-2019)(015)
Incorporation	19-12-2017
Status	Active
Postal code	9850
First BS signal	12-11-2025
Latest BS signal	12-11-2025

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

ULTIMATE STRENGTH

Poekestraat 26, 9850 DeinzeHandelsbemiddeling in de groothandel in andere specifieke goederen

since 20182.275.244.074

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44056A0126/00B000	Flanders	2,915 m²	1 · 177 m²	7.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

12-11-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · ULTIMATE STRENGTH BV POEKESTRAAT 26, 9850 NEVELE · event 04-11-2025

06-10-2025