ULTIMATE SKILL

Active

Private limited companyfounded 199729 yrs activeCalabriëlaan 38, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0460.708.032

ULTIMATE SKILL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €259k and a net result of €34k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 3016 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

100 / 100

Excellent▲ +7 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability66▲+4

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity ample (current ratio 3.25 against 2.56 in 2023), and 27.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 93

Relative position

BE, all sectors

reference

Sector 93

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

69 d late

2022

60 d late

2021

61 d late

2020

6 d late

2019

88 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€259k▲ 3.5%

2023 · €250k

2022: €235k 2023: €250k

2022 → 2024

Total assets

€358k▼ 6.7%

2023 · €384k

2022: €326k 2023: €384k

2022 → 2024

Net result

€34k▲ 10.0%

2023 · €31k

2022: €70k 2023: €31k

2022 → 2024

Working capital

€223k▲ 6.8%

2023 · €208k

2022: €189k 2023: €208k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€235k-€250k▲ 6.2%€259k▲ 3.5%

Operating result€97k-€44k▼ 55.0%€46k▲ 6.5%

Net result€70k-€31k▼ 55.4%€34k▲ 10.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 7% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €358k

10%

89.9%

Fixed assets €36k▼ 12.9%

Current assets €322k▼ 6.0%

Equity and liabilities €358k

72.3%

27.7%

Equity €259k▲ 3.5%

Debt €99k▼ 25.8%

The debt ratio falls from 34.8% to 27.7%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€59k▲

2023 · €57k

Cash flow

€47k▲

2023 · €44k

Solvency

72.3%▲

2023 · 65.2%

Current ratio

3.25▲

2023 · 2.56

Quick ratio

3.25▲

2023 · 2.56

Debt / equity

0.38▼

2023 · 0.53

ROE

13.2%▲

2023 · 12.4%

ROA

9.5%▲

2023 · 8.1%

Interest coverage

64.85▼

2023 · 65.94

Debt

€99k▼

2023 · €134k

Debt ≤ 1 year

€99k▼

2023 · €134k

Income taxes

€17k▲

2023 · €17k

Staff costs

€27k▲

2023 · €25k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Total assets 20/58€384k€358k▼

Fixed assets 21/28€41k€36k▼

Tangible fixed assets 22/27€41k€36k▼

Financial fixed assets 28€297€297=

Current assets 29/58€342k€322k▼

Amounts receivable within one year 40/41€266k€244k▼

Cash & bank 54/58€76k€77k▲

Total equity & liabilities 10/49€384k€358k▼

Equity 10/15€250k€259k▲

Contributions / capital 10/11€21k€21k=

Reserves 13€172k€182k▲

Accumulated profits (losses) 14€57k€56k▼

Amounts payable 17/49€134k€99k▼

Amounts payable within one year 42/48€134k€99k▼

Trade debts payable within one year 44€33k€30k▼

Income statement Code20232024

Gross operating margin 9900€85k€89k▲

Operating result 9901€44k€46k▲

Financial income 75€5k€6k▲

Financial charges 65€859€914▲

Result before taxes 9903€48k€52k▲

Income taxes 67/77€17k€17k▲

Net result for the period 9904€31k€34k▲

Result to be appropriated 9905€31k€34k▲

Timeline · acts, filings and financial milestones

All 12Financial 1Gazette 1Filings 10

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

08-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 69 days late

2023

31-12

Financial Weakest financial yearnet €31k ▼55.4%

Net result drops to €31k, the lowest in the series; recovery starts the following year.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

2022

22-11

State Gazette act Director changes

Véronique FASOL

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

06-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 6 days late

2020

27-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 88 days late

2019

21-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 21 days late

2018

27-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 58 days late

2017

23-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 23 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 3 acts read

About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.