Financials
- Fiscal year
- 2025
- Total assets
- €540,783
- Profit
- €47,181
- Solvency
- 29.1%
Total assets▲ 0.7%
Net result
20182025
ULTIME GATE
ActiveSummary
ULTIME GATE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157,276 and a net result of €47,181. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 14676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112NACE 55302Limited-service restaurants NACE 56102
#7 company by total assets in Oudergem, Accommodation and food service sector1 site
How big
€540,783total assets 2025
- Equity
- €157,276
- Profit
- €47,181
Who decides
Accounts filed 31 d late0 of 6 deeds read
Why 66- Sector Food and beverage service activities (NACE 56)- Latest accounts 31 days late; 1 of the last 3 late- Liquidity: current ratio 1.63, cash €3,169, halved+ Founded in 1999Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 55% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
54+8
equity 29.1% of total assets
Liquidity
31-9
short-term debt 41.2% · cash 0.6%
Profitability
80+13
return on assets 8.7%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Sector Food and beverage service activities (NACE 56) raises the probability
- Latest accounts 31 days late; 1 of the last 3 late raises the probability
- Liquidity: current ratio 1.63, cash €3,169, halved raises the probability
- Founded in 1999 lowers the probability for this profile
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.34 in 2024; short-term debt: 41.2% and cash: 0.6% of total assets), but 70.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 49%, liquidity 26%, profitability 65%, growth against the median 78%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
70 d early
2022
57 d late
2021
88 d early
2020
16 d early
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 5 filed years within 97 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2018net €47,181 ▲0.7%
- Equity above €150,000Eq €157,276 ▲42.9%
Key points
By topic
Timeline
- Events
- 18
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Highest result since 2018
- 31-12-2025Equity above €150,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 14-01-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.