AD ULTIMA
ActiveSummary
AD ULTIMA has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €2.5m. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 41% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 07-09-2000 Normal situation
- Registered office
- 100 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Retail sale of information and communication equipment NACE 47400and 5 others
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.100.970.114 8500 Kortrijk, since 06-10-2000
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- Ad Ultima Invest BVBADirector · since 20-06-2025 · permanent representative BOSSUYT Filip
- Auditor
- BV PwC Bedrijfsrevisoren
Shareholders
- AD ULTIMA INVEST100%2025 annual accounts of AD ULTIMA INVEST
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Turnover
- €40.2m
- ▲ 13.5%
- Profit
- €2.5m
- ▲ 23.5%
- Equity
- €6.3m
- ▲ 66.8%
- Total assets
- €22.2m
- ▼ 16.2%
- Employees on 31-12-2025
- 123
Score breakdownraises riskLiquidity: current ratio 1.52, cash €626,921, halved1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 30-05-2026)Founded in 2000Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of medium-sized companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency
53+14
equity 28.4% of total assets
Liquidity
36+7
short-term debt 38.4% · cash 2.8%
Profitability
76+7
return on assets 11.4%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.3%▼ -0.2 percentage points vs 05-2025lowest value
07-2025: 0.3%● unchanged vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025lowest value
11-2025: 0.5%▲ +0.2 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.7%▲ +0.2 percentage points vs 04-2026highest value
06-2026: 0.4%▼ -0.3 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (0.92 in 2024), above the usual 1.5. Short-term debt is 38.4% and cash 2.8% of total assets. However, 71.6% of the assets are financed with debt and provisions.
Calculation
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 47, medium-sized). It does better than 52% of them on solvency, 48% on liquidity, 80% on profitability and 86% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 days early
2024
76 days early
2023
20 days early
2022
38 days early
2021
38 days early
2020
38 days early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Higher net result than 95% of companies in retail tradesector median €40,073 · 5,038 companies €2.5m View
- Positive: Equity rose in 2025from €3.8m to €6.3m ▲ 66.8% View
- 2 restructurings since 2024latest: merger with Ex Arte 2 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 4 years of growth in a rowturnover 2025: €40.2m 4 years View
Recent changes
- · Gazette deed Merger: AD ULTIMA takes over EX ARTEResignation: AD ULTIMA INVEST (director) · Permanent representative: BOSSUYT Filip
- · Gazette deed Merger proposal: Ad Ultima takes over Ex ArtePermanent representative: Filip Bossuyt
- · Gazette deed 2 directors appointed, 1 director resigningAppointments: BDO Bedrijfsrevisoren BV (statutory auditor) and PwC Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: Evy Borry and Filip Drieghe · Resignation: BDO Bedrijfsrevisoren BV (statutory auditor)
Companies linked to AD ULTIMA
Comparable companies
These companies have the same main activity as AD ULTIMA: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €9.8m and €30m, founded between 2004 and 2011.
| Company | Total assets | Turnover |
|---|---|---|
| AD ULTIMA Kortrijk | €22.2m | €40.2m |
| Media Markt Wilrijk-Boortmeerbeek Antwerpen | €19.1m | €60.5m |
| MEDIA MARKT GOSSELIES/CHARLEROI Charleroi | €13.0m | €50.2m |
| Alternate België Aartselaar | €13.2m | €49.0m |
| ECE Anderlecht | €29.9m | €19.8m |
| APPLE RETAIL BELGIUM Sint-Joost-ten-Node | €25.9m | €62.5m |
| MEDIA MARKT Bruxelles Rue Neuve - MEDIA MARKT Brussel Nieuwstraat Brussel | €9.8m | €40.3m |
Key facts about AD ULTIMA
- What is the company number of AD ULTIMA?
- The company number of AD ULTIMA is 0472.713.068. The VAT number is the same number with BE in front: BE 0472.713.068.
- Where is AD ULTIMA based?
- The registered office is at Beneluxpark(Kor) 26, 8500 Kortrijk.Company details
- What does AD ULTIMA do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of AD ULTIMA?
- The legal form of AD ULTIMA is Public limited company (NV).
- When was AD ULTIMA founded?
- AD ULTIMA was founded on 07-09-2000.
- Is AD ULTIMA still active?
- Yes, AD ULTIMA is an active enterprise in the KBO register.
- How many employees does AD ULTIMA have?
- AD ULTIMA had an average of 114.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AD ULTIMA fall under?
- In its 2025 annual accounts, AD ULTIMA states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of AD ULTIMA?
- The turnover of AD ULTIMA was €40.2m in financial year 2025, according to the filed annual accounts.
- Is AD ULTIMA profitable?
- In financial year 2025, AD ULTIMA made a profit of €2.5m.
- Where can I find the annual accounts of AD ULTIMA?
- AD ULTIMA filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AD ULTIMA due?
- AD ULTIMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.