What is the address of ULTIMMO?

The registered office of ULTIMMO is located at Louizalaan 222 box 14, 1050 Elsene.

Is ULTIMMO still active?

Yes. According to the CBE (29 October 2026) ULTIMMO is active, legal situation “Normale toestand”, started on 11 April 1989.

Is ULTIMMO registered on Peppol?

No, ULTIMMO is currently not registered on the Peppol network.

What is the enterprise number of ULTIMMO?

The enterprise number of ULTIMMO is BE0437252046.

When was ULTIMMO founded?

ULTIMMO was founded on 11 April 1989.

Who are the directors of ULTIMMO?

According to the 2024 annual accounts, the directors of ULTIMMO are: Elie APPELSTEIN, Carole LUEL.

Is ULTIMMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 April 1989; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did ULTIMMO make in 2024?

ULTIMMO recorded a loss after taxes of € 17,063 in financial year 2024.

What is the revenue of ULTIMMO?

As a small company, ULTIMMO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € -10,739.

ULTIMMO (Public Limited) - Elsene - BE0437252046

Dossier ULTIMMO, printed on 29 October 2026 from databakkes.be/en/0437252046/ultimmo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
Busy address KBO

49 other companies have their registered office at the same address; threshold 10.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2024

ULTIMMO from Elsene, company number BE0437252046, closed financial year 2024 with a result of € -17,063 after tax. For that financial year ULTIMMO recorded a gross margin of € -10,739 and equity of € 70,309. Compared with financial year 2023, the result moved from € 3,093 to € -17,063. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.

What it is worth Healthy

€ 70,309

▼ 20% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -17,063

▼ still € 3,093 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 48

▼ € 10,154 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -227,691.

People and assets in 2024

Vehicles and equipment

€ 826

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 10,157

▲ 96% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 12,000

▼ 33% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 79,858 Gross margin 2021: € 79,858 First fiscal year in the series	€ 71,312 Gross margin 2022: € 71,312 ▼ 11% vs 2021 (€ 79,858) Unfavourable step	€ 9,554 Gross margin 2023: € 9,554 ▼ 87% vs 2022 (€ 71,312) Unfavourable step	€ -10,739 Gross margin 2024: € -10,739 ▼ € 20,292 vs 2023 (€ 9,554) Unfavourable step	▼ € 20,292
Profit after taxes	€ 32,219 Profit after taxes 2021: € 32,219 First fiscal year in the series	€ 44,306 Profit after taxes 2022: € 44,306 ▲ 38% vs 2021 (€ 32,219) Favourable step	€ 3,093 Profit after taxes 2023: € 3,093 ▼ 93% vs 2022 (€ 44,306) Unfavourable step	€ -17,063 Profit after taxes 2024: € -17,063 ▼ € 20,156 vs 2023 (€ 3,093) Unfavourable step	▼ € 20,156
Equity	€ 39,973 Equity 2021: € 39,973 First fiscal year in the series	€ 84,279 Equity 2022: € 84,279 ▲ 111% vs 2021 (€ 39,973) Favourable step	€ 87,372 Equity 2023: € 87,372 ▲ 4% vs 2022 (€ 84,279) Favourable step	€ 70,309 Equity 2024: € 70,309 ▼ 20% vs 2023 (€ 87,372) Unfavourable step	▼ 20%
Total debts	€ 81,248 Total debts 2021: € 81,248 First fiscal year in the series	€ 19,850 Total debts 2022: € 19,850 ▼ 76% vs 2021 (€ 81,248) Favourable step	€ 26,948 Total debts 2023: € 26,948 ▲ 36% vs 2022 (€ 19,850) Unfavourable step	€ 25,627 Total debts 2024: € 25,627 ▼ 5% vs 2023 (€ 26,948) Favourable step	▼ 5%
Cash	€ 2,987 Cash 2021: € 2,987 First fiscal year in the series	€ 998 Cash 2022: € 998 ▼ 67% vs 2021 (€ 2,987) Unfavourable step	€ 10,201 Cash 2023: € 10,201 ▲ € 9,203 vs 2022 (€ 998) Favourable step	€ 48 Cash 2024: € 48 ▼ € 10,154 vs 2023 (€ 10,201) Unfavourable step	▼ € 10,154
Land & buildings	€ 92,960 Land & buildings 2021: € 92,960 First fiscal year in the series	€ 92,960 Land & buildings 2022: € 92,960 Unchanged (€ 92,960) Unchanged	€ 92,960 Land & buildings 2023: € 92,960 Unchanged (€ 92,960) Unchanged	€ 92,960 Land & buildings 2024: € 92,960 Unchanged (€ 92,960) Unchanged
Retained profit	€ -258,027 Retained profit 2021: € -258,027 First fiscal year in the series	€ -213,721 Retained profit 2022: € -213,721 ▲ € 44,306 vs 2021 (€ -258,027) Favourable step	€ -210,628 Retained profit 2023: € -210,628 ▲ € 3,093 vs 2022 (€ -213,721) Favourable step	€ -227,691 Retained profit 2024: € -227,691 ▼ € 17,063 vs 2023 (€ -210,628) Unfavourable step	▼ € 17,063
Balance sheet total	€ 121,221 Balance sheet total 2021: € 121,221 First fiscal year in the series	€ 104,129 Balance sheet total 2022: € 104,129 ▼ 14% vs 2021 (€ 121,221) Unchanged	€ 114,320 Balance sheet total 2023: € 114,320 ▲ 10% vs 2022 (€ 104,129) Unchanged	€ 95,935 Balance sheet total 2024: € 95,935 ▼ 16% vs 2023 (€ 114,320) Unchanged	▼ 16%

Key figures of ULTIMMO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to ULTIMMO?

What happened at ULTIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 Elie APPELSTEIN stepped down as director. NBB
2026 Carole LUEL stepped down as director. NBB
Oct 28, 2025 New annual accounts for financial year 2024: loss of € 17,063 (▼ € 20,156 vs 2023). filed late Source: NBB ↗
2022 Elie APPELSTEIN became a director. NBB
2022 Carole LUEL became a director. NBB
Sep 19, 1989 New establishment in Elsene. KBO
Apr 11, 1989 Start of the company according to the CBE. KBO

In short

From € 32,219 profit in 2021 to € 17,063 loss in 2024.

Best year ever: 2022, with € 44,306 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2024 annual accounts

Elie APPELSTEIN

Administrateur-déléguée

since 2022 · until 2026

Carole LUEL

Administratrice

since 2022 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 222 box 14

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.

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+44 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0437.252.046
VAT number: BE 0437.252.046
Registered office: Louizalaan 222 bus 14, 1050 Elsene
Names & denominations: ULTIMMO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 11 April 1989
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

ULTIMMO