Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
85 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AD ULTIMA from Kortrijk, company number BE0472713068, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year AD ULTIMA recorded revenue of € 40.2 million and equity of € 6.3 million. Compared with financial year 2023, the result moved from € -671,266 to € 2.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 6.3 million
▲ 263% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▲ still € 671,266 loss in 2023
Profit after tax over the fiscal year.
€ 626,921
▼ 55% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.9 million.
People and assets in 2025
114.8
▲ 15.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 11.5 million
▲ 21% vs 2023
€ 100,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,616
▼ 41% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 58% vs 2023
€ 851,858 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.8 million
▲ 56% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 2 million
▼ 14% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,157,484 | € 26,251,690 | € 29,000,394 | € 40,228,732 | ▲ 39% |
| Profit after taxes | € 960,334 | € -48,925 | € -671,266 | € 2,533,189 | ▲ € 3.2 million |
| Equity | € 2,470,429 | € 2,414,628 | € 1,736,488 | € 6,307,278 | ▲ 263% |
| Total debts | € 17,560,227 | € 15,899,890 | € 16,960,191 | € 15,925,376 | ▼ 6% |
| Cash | € 976,729 | € 1,051,189 | € 1,397,289 | € 626,921 | ▼ 55% |
| Land & buildings | € 495,632 | € 694,154 | € 631,578 | € 8,599 | ▼ 99% |
| Retained profit | € 2,071,006 | € 2,022,081 | € 1,350,815 | € 5,935,355 | ▲ € 4.6 million |
| Dividend | € 750,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 5,361,212 | € 4,579,190 | € 5,833,338 | € 2,439,060 | ▼ 58% |
| Balance sheet total | € 20,030,656 | € 18,314,518 | € 18,696,679 | € 22,232,654 | ▲ 19% |
| Employees (FTE) | 89.3 | 95.6 | 99.6 | 114.8 | ▲ 15.2 |
Key figures of AD ULTIMA, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AD ULTIMA?
What happened at AD ULTIMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ad Ultima Invest NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.5 million. Source: NBB ↗
- Ad Ultima Invest NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 960,334 profit in 2021 to € 2.5 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2021.
Best year ever: 2025, with € 2.5 million profit.
Paid out € 750,000 in dividends to the owners in total.
Management
The stake of AD ULTIMA INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AD ULTIMAThe shares are held by AD ULTIMA INVEST (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Filip Bossuyt
Also active at: XANDORRA BELGIË, EX ARTE
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 26 box 27
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.
All companies at this address →CAPRICE
€ 43,647 gross margin · 2023
VERSTRAETE
€ -27,246 gross margin · 2025
DENNEDUIN
€ 31,303 gross margin · 2025
ICT Talents
€ 3.9 million gross margin · 2025
Engi Talents
€ 40.5 million revenue · 2025
+80 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
9altitudes.com
Registered
2020-12-14
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-12-14
Website info
Features
Security
Network
Details
- Company number
- 0472.713.068
- VAT number
- BE 0472.713.068
- Registered office
- Beneluxpark(Kor) 26 bus 27, 8500 Kortrijk
- Names & denominations
- AD ULTIMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2000
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- 9altitudes.com
- Activities · NACE
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