ACTIVE

ULTIMO ENERGY

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-383,5 €

-106.3% YoY

Gross margin

281,7 k €

-8.2% YoY

Equity

141,5 k €

-0.3% YoY

Workforce

5,7 ETP

+3.6% YoY

What does ULTIMO ENERGY do?

ULTIMO ENERGY is a Private limited company incorporated in 1991. Its main activity is: Electrical installation. Its registered office is in Houthalen-Helchteren. It employs on average 5,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.451.633

Incorporation

27/02/1991

Legal form

Private limited company

Registered office

Centrum-Zuid 1526
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

5,7 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Joint committees (3)

14901
200
201

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	281,7 k €	-8.2%	306,8 k €	-26.5%	417,1 k €	+178%	150,1 k €	+905%	14,9 k €	-39.4%	24,6 k €	+22.7%	20,1 k €	+38072%	-52,9 €	+71.9%	-188,2 €		–		–		-2 k €		–		-931,8 €	+85.0%	-6,2 k €	+65.0%	-17,8 k €	+91.7%	-214,9 k €	-431%	64,9 k €	+10.6%	58,7 k €	+4.4%	56,2 k €
EBITDA	21,2 k €	-13.5%	24,5 k €	-57.6%	57,8 k €	+50.0%	38,5 k €	+199%	12,9 k €	-38.8%	21,1 k €	+10.9%	19 k €	+29955%	-63,7 €	+66.2%	-188,2 €		–		–		-2 k €		–		-931,8 €	+86.5%	-6,9 k €	+61.2%	-17,8 k €	+92.6%	-240,8 k €	-690%	40,8 k €	+15.9%	35,2 k €	+7.8%	32,7 k €
Operating result	8,4 k €	-5.7%	8,9 k €	-16.9%	10,7 k €	-69.0%	34,5 k €	+177%	12,5 k €	-40.9%	21,1 k €	+10.9%	19 k €	+29955%	-63,7 €	+66.2%	-188,2 €		–		–		-2 k €		–		-931,8 €	+91.4%	-10,8 k €	+50.2%	-21,7 k €	+91.1%	-244,7 k €	-1041%	26 k €	+28.9%	20,2 k €	+15.0%	17,5 k €
Net result	-383,5 €	-106%	6,1 k €	+420%	1,2 k €	-95.0%	23,6 k €	+146%	9,6 k €	-64.0%	26,6 k €	+34.7%	19,8 k €	+14220%	-140 €	+25.6%	-188,2 €		–		–		-2 k €		–		1,5 k €	+114%	-10,8 k €	+50.0%	-21,6 k €	-468%	5,9 k €	-33.4%	8,8 k €	+66.5%	5,3 k €	+332%	1,2 k €
Balance sheet
Equity	141,5 k €	-0.3%	141,9 k €	+4.5%	135,8 k €	+0.9%	134,6 k €	+21.3%	111 k €	+9.5%	101,4 k €	+35.6%	74,8 k €	+35.9%	55 k €	-0.3%	55,2 k €	-0.3%	55,4 k €	0.0%	55,4 k €	0.0%	55,4 k €	-3.5%	57,4 k €	0.0%	57,4 k €	+2.8%	55,8 k €	-16.2%	66,6 k €	-24.5%	88,2 k €	+7.1%	82,3 k €	+12.0%	73,5 k €	+7.8%	68,2 k €
Total assets	1,5 M €	+17.4%	1,3 M €	+53.5%	852 k €	+63.5%	521 k €	+132%	224,9 k €	-20.3%	282,2 k €	+202%	93,5 k €	+55.9%	60 k €	+0.3%	59,7 k €	0.0%	59,7 k €	0.0%	59,7 k €	0.0%	59,7 k €	0.0%	59,7 k €	0.0%	59,7 k €	-63.0%	161,3 k €	-9.4%	178 k €	-8.3%	194,2 k €	-42.3%	336,5 k €	-2.1%	343,8 k €	+0.7%	341,3 k €
Cash	–		465,6 €		–		–		1,6 k €	-96.1%	41,5 k €	-2.5%	42,5 k €	+0.0%	42,5 k €	+2.5%	41,5 k €	0.0%	41,5 k €	0.0%	41,5 k €	0.0%	41,5 k €	0.0%	41,5 k €	0.0%	41,5 k €	-22.9%	53,8 k €	-20.1%	67,4 k €	-20.1%	84,3 k €	+3637%	2,3 k €	-54.6%	5 k €	-32.1%	7,3 k €
Debts	1,4 M €	+19.6%	1,2 M €	+62.8%	716,2 k €	+85.4%	386,3 k €	+239%	113,9 k €	-37.0%	180,8 k €	+868%	18,7 k €	+279%	4,9 k €	+7.6%	4,6 k €	+4.3%	4,4 k €	0.0%	4,4 k €	0.0%	4,4 k €	+83.6%	2,4 k €	0.0%	2,4 k €	-97.7%	105,5 k €	-5.3%	111,4 k €	+5.1%	106 k €	-58.3%	254,2 k €	-5.9%	270,2 k €	-1.0%	273,1 k €
Other
Workforce	5,7 ETP	+3.6%	5,5 ETP	-31.3%	8,0 ETP	+264%	2,2 ETP		–		–		–		–		–		–		–		–		–		–		–		–		0,2 ETP	-60.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

MEHMED HALIL

Director · since 25 janvier 2023

Active

Ended mandates

ANDREY METODIEV

Werkend vennoot · since 11 août 2023

Ended

EMIN YURDAKUL

Werkend vennoot · since 01 août 2022 · until 10 août 2023

Ended

MEHMET HALIL

Werkend vennoot · since 01 janvier 2022

Ended

SAMET DAUD

Mandate · since 01 juillet 2021

Ended

At this address

Other companies at this address

Company	CBE no.
Blueladder B● Bankrupt	0680.986.124
EFECAN● Active	0871.862.625
GO TRANSPORT● Bankrupt	0464.199.240
GO TRANSPORT & LOGISTICS● Bankrupt	0543.578.694
VOLT ENERGY● Active	1001.189.359

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/08/2026	29/08/2025	06/09/2024	06/09/2024	09/08/2022	09/09/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	29/08/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	03/06/2024	06/09/2024	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	29/08/2024	Dutch	PDF
Abridged modelCorrection	31/12/2022	05/06/2023	06/09/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	09/08/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	09/09/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	15/09/2020	Dutch	PDF
Abridged model	31/12/2018	11/03/2019	05/07/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	30/09/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	18/11/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	25/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	20/12/2010	16/01/2011	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	15/02/2010	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

MEHMED HALIL

Director · since 25 janvier 2023

Active

Ended mandates

ANDREY METODIEV

Werkend vennoot · since 11 août 2023

Ended

EMIN YURDAKUL

Werkend vennoot · since 01 août 2022 · until 10 août 2023

Ended

MEHMET HALIL

Werkend vennoot · since 01 janvier 2022

Ended

SAMET DAUD

Mandate · since 01 juillet 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/02/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/05/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates24/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/03/2019
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-383,5 €↓
2024
Annual accounts 20246,1 k €↑
2023
Annual accounts 20231,2 k €↓
2022
Annual accounts 202223,6 k €↑
2021
Annual accounts 20219,6 k €↓
2020
Annual accounts 202026,6 k €↑
2019
Annual accounts 201919,8 k €↑
2018
Annual accounts 2018-140 €↑
2017
Annual accounts 2017-188,2 €↑
2016
Annual accounts 2016
2015
Annual accounts 2015
2014
Annual accounts 2014-2 k €↓
2013
Annual accounts 2013
2012
Annual accounts 20121,5 k €↑
2011
Annual accounts 2011-10,8 k €↑
2010
Annual accounts 2010-21,6 k €↓
2009
Annual accounts 20095,9 k €↓
2008
Annual accounts 20088,8 k €↑
2007
Annual accounts 20075,3 k €↑
2006
Annual accounts 20061,2 k €
27/02/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ULTIMO ENERGY

Overview

What does ULTIMO ENERGY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline