ACTIVE

Ultimate

Financial year 2025 · closed on 30/06/2025
Net result
30,1 k €
-47.1% YoY
Gross margin
57,9 k €
-28.0% YoY
Equity
92,0 k €
+48.6% YoY

What does Ultimate do?

Ultimate is a Private limited company incorporated in 2023. Its main activity is: Sports and recreation education. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0802.087.357
Incorporation
25/05/2023
Legal form
Private limited company
Registered office
Jean-Baptiste de Ghellincklaan 27 box 301
9051 Gent · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin57,9 k €80,3 k €
EBITDA56,5 k €78,7 k €
Operating result45,2 k €73,9 k €
Net result30,1 k €56,9 k €
Balance sheet
Equity92,0 k €61,9 k €
Total assets150,4 k €132,6 k €
Cash77,1 k €71,3 k €
Debts53,4 k €70,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active

Active mandates

Bart Van Renterghem

Director · since 25 mai 2023

Active
Nette Sarens

Director · since 25 mai 2023

Active
At this address

Other companies at this address

CompanyCBE no.
1024.244.180
Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/07/202425/05/2023
Closing of the financial year30/06/202530/06/2024
Length of the financial year12 months14 months
Filing date08/12/202521/01/2025
General meeting26/11/202527/12/2024
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202526/11/202508/12/2025DutchPDF
Micro model30/06/202427/12/202421/01/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 2 active

Active mandates

Bart Van Renterghem

Director · since 25 mai 2023

Active
Nette Sarens

Director · since 25 mai 2023

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/09/2023
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/05/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202530,1 k €
  2. 2024
    Annual accounts 202456,9 k €
  3. 25/05/2023
    IncorporationPrivate limited company