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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ULTIMATE STRENGTH from Deinze, company number BE0686616478, closed financial year 2024 with a result of € 10,371 after tax. For that financial year ULTIMATE STRENGTH recorded a gross margin of € -27,981 and equity of € 1.8 million. Compared with financial year 2023, the result moved from € -90,218 to € 10,371. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2025.
€ 1.8 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,371
▲ still € 90,218 loss in 2023
Profit after tax over the fiscal year.
€ 49
▼ 95% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.4 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 6,233
▲ € 5,714 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 123,391
▼ 1% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 760,203 | € 22,416 | € -34,353 | € -27,981 | ▲ € 6,372 |
| Profit after taxes | € 774,564 | € 70,342 | € -90,218 | € 10,371 | ▲ € 100,590 |
| Equity | € 1,792,231 | € 1,862,573 | € 1,772,355 | € 1,782,726 | ▲ 1% |
| Total debts | € 227,983 | € 223,942 | € 128,653 | € 129,624 | ▲ 1% |
| Cash | € 2,203 | € 118,379 | € 1,004 | € 49 | ▼ 95% |
| Retained profit | € 1,413,979 | € 1,484,321 | € 1,394,103 | € 1,404,474 | ▲ 1% |
| Balance sheet total | € 2,020,214 | € 2,086,515 | € 1,901,007 | € 1,912,350 | ▲ 1% |
Key figures of ULTIMATE STRENGTH, 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 ULTIMATE STRENGTH?
What happened at ULTIMATE STRENGTH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ULTIMATE STRENGTH is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 10,371. filed late Source: NBB ↗
- Yuliya Ovsyannikova became a director. NBB
- New establishment in Deinze. KBO
- Herman-Alexander Pauwels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 774,564 profit in 2021 to € 10,371 profit in 2024.
Paid € 314,648 in corporate taxes since 2021.
Best year ever: 2021, with € 774,564 profit.
Management
Behind ULTIMATE STRENGTH are Herman-Alexander Pauwels and Yuliya Ovsyannikova.
Directors
According to the 2024 annual accounts
Herman-Alexander Pauwels
Director
since 2017
Yuliya Ovsyannikova
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Poekestraat 26
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.616.478
- VAT number
- BE 0686.616.478
- Registered office
- Poekestraat 26, 9850 Deinze
- Names & denominations
- ULTIMATE STRENGTH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 19 December 2017
- Peppol
- Not registered
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