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Ultim B

Active
Private limited companyfounded 2018active for 7 yearsSint-Thomas Morusstraat 1, 8380 Brugge, BelgiumKBO/BCE: BE 0716.709.442
Summary

Ultim B has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,070 and a net result of -€30,571. Equity has been growing by about 46% per year since 2020. Its solvency ranks better than 79% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-12-2018 Normal situation
Activity
Other tax advisory services NACE 69209
Establishment unit
2.283.734.841 8380 Brugge, since 20-12-2018
Financial year end
30 November
Peppol
Reachable since 04-12-2025

Board and ownership

Board
  • Verhelst BoudewijnDirector · since 20-12-2018

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-11-2025
Gross margin
-€10,363
Loss
€30,571
Equity
€72,070
▼ 29.8%
Total assets
€88,721
▼ 21.2%
Turnover not published (micro format)
Filed on 11-05-2026, 50 days before the deadline
Score breakdownraises riskLoss of €30,571 (financial year 2025)lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 2.61, cash €28,531, halvedSize: total assets €88,721Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Average
Solvency 100=
equity 81.2% of total assets
Liquidity 85-15
short-term debt 18.8% · cash 32.2%
Profitability 0-81
return on assets -34.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,087 companies, NACE 69, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.61 (6.09 in 2024), above the usual 1.5. Short-term debt is 18.8% and cash 32.2% of total assets. 18.8% 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 69, micro). It does better than 87% of them on solvency, 76% on liquidity, 1% on profitability and 15% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 2.61, cash €28,531, halved
NBB · annual accounts
raises risk · Loss of €30,571 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €88,721
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 11-05-2026, 50 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
50 days early
2024
34 days early
2023
46 days early
2022
37 days early
2021
50 days early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 41 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 16 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in legal and accountingsector median €37,433 · 15,761 companies -€30,571 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Registered office moved from Sint-Andries to Zeebrugge
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as Ultim B: other tax advisory services (NACE 69209). They are comparable in size and age: total assets between €51,800 and €176,000, founded between 2009 and 2020.

CompanyTotal assetsGross margin
Ultim B Brugge€88,721-€10,363
CONSULTAR Veurne€64,948-€50,279
FIN 4 TRADE Sint-Pieters-Woluwe€90,037-€3,597
BOFIMAG Mortsel€58,374-€1,045
ASSOCIATED BUSINESS COUNSELLORS Gent€79,834-€2,106
US TAX ADVISERS Walcourt€176,150-€23,692
ValCour Geel€51,823€2,489
Full comparison

Key facts about Ultim B

What is the company number of Ultim B?
The company number of Ultim B is 0716.709.442. The VAT number is the same number with BE in front: BE 0716.709.442.
Where is Ultim B based?
The registered office is at Sint-Thomas Morusstraat 1, 8380 Brugge.Company details
What does Ultim B do?
According to the KBO register, the main activity is other tax advisory services (NACE 69209).
What is the legal form of Ultim B?
The legal form of Ultim B is Private limited company (BV).
When was Ultim B founded?
Ultim B was founded on 20-12-2018.
Is Ultim B still active?
Yes, Ultim B is an active enterprise in the KBO register.
What is the turnover of Ultim B?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Ultim B profitable?
In financial year 2025, Ultim B made a loss of €30,571.
Where can I find the annual accounts of Ultim B?
Ultim B filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ultim B due?
Ultim B must file the annual accounts for financial year 2026 by 30-06-2027.Timeline

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