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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
ULTIMATE WOODWORKS from Kalmthout, company number BE0659879617, closed financial year 2025 with a result of € 27,700 after tax. For that financial year ULTIMATE WOODWORKS recorded a gross margin of € 210,710 and equity of € 18,600. Compared with financial year 2024, the result moved from € 29,645 to € 27,700. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 18,600
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,700
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 81,815
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 27,700 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 123,883
▲ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,056
▲ € 58,116 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 219,754
▲ 10% vs 2024
€ 49,671 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 81,733
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,705
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 121,026 | € 172,813 | € 189,358 | € 210,710 | ▲ 11% |
| Profit after taxes | € 12,521 | € 30,251 | € 29,645 | € 27,700 | ▼ 7% |
| Equity | € -2,760 | € 18,600 | € 18,600 | € 18,600 | |
| Total debts | € 302,401 | € 278,570 | € 316,294 | € 392,668 | ▲ 24% |
| Cash | € 2,050 | € 24,980 | € 53,222 | € 81,815 | ▲ 54% |
| Land & buildings | € 202,571 | € 217,676 | € 202,482 | € 187,288 | ▼ 8% |
| Retained profit | € -21,360 | € 0 | € 0 | € 0 | |
| Dividend | € 0 | € 8,891 | € 29,645 | € 27,700 | ▼ 7% |
| Bank debt | € 235,559 | € 221,204 | € 200,667 | € 219,754 | ▲ 10% |
| Balance sheet total | € 299,640 | € 297,170 | € 334,894 | € 411,268 | ▲ 23% |
Key figures of ULTIMATE WOODWORKS, fiscal years 2022 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 ULTIMATE WOODWORKS?
What happened at ULTIMATE WOODWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,700 (▼ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,521 profit in 2022 to € 27,700 profit in 2025.
Paid € 40,413 in corporate taxes since 2022.
Best year ever: 2023, with € 30,251 profit.
Paid out € 66,236 in dividends to the owners in total.
A new publication or filing at ULTIMATE WOODWORKS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ULTIMATE WOODWORKS are Ilan De Keersmaecker and Do De Keersmaecker.
Directors
According to the 2025 annual accounts
Ilan De Keersmaecker
Director
Do De Keersmaecker
Director
Establishments
Establishment units
Physical locations of this company
Helleven (C) 8e
2920 Kalmthout
Helleven (C) 8E
2920 Kalmthout
Active since 15 July 2016
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0659.879.617
- VAT number
- BE 0659.879.617
- Registered office
- Helleven (C) 8e, 2920 Kalmthout
- Names & denominations
- ULTIMATE WOODWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2016
- Peppol
- Active · Active since 2 Jan 2025
- Activities · NACE
Schrijnwerk
Zagen en schaven van hout