CHASSIS PROTECH
ActiveSummary
The computed 12-month bankruptcy probability of CHASSIS PROTECH is 2.1% (moderate). The 2024 annual accounts show equity of €71,302 and a net result of €39,074. Equity is growing by ~52.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 177 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+72
Solvency76▲+23
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.48 against 1.58 in 2023; short-term debt: 35.6% and cash: 22.5% of total assets), and 49.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
118 d late
2022
70 d late
2021
38 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€71,302▲ 121%
2023 · €32,252
Total assets
€141,028▲ 23.5%
2023 · €114,213
Net result
€39,074
2023 · -€2,436
Working capital
€74,053▲ 122%
2023 · €33,425
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€18,758-€24,308▲ 29.6%€3,104▼ 87.2%€58,358▲ 1,780%
Net result€14,866-€17,322▲ 16.5%-€2,436€39,074
Equity€17,366-€34,689▲ 99.7%€32,252▼ 7.0%€71,302▲ 121%
Total assets€44,421-€132,204▲ 198%€114,213▼ 13.6%€141,028▲ 23.5%
Debt€27,055-€97,515▲ 260%€81,961▼ 16.0%€69,726▼ 14.9%
Working capital€5,439-€42,880▲ 688%€33,425▼ 22.1%€74,053▲ 122%
Staff (FTE)0.8
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 1,780% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141,028
Fixed assets
€16,796 ▼ 28.3%
Current assets
€124,232 ▲ 36.8%
Equity and liabilities €141,028
Equity
€71,302 ▲ 121%
Debt
€69,726 ▼ 14.9%
Debt's share of the balance-sheet total falls from 71.8% to 49.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64,982▲
2023 · €8,581
Cash flow
€45,698▲
2023 · €3,040
Current ratio
2.48▲
2023 · 1.58
Debt to equity
0.98▼
2023 · 2.54
ROE
54.8%▲
2023 · -7.6%
ROA
27.7%▲
2023 · -2.1%
Interest coverage
8.26▲
2023 · 1.42
Debt ≤ 1 year
€50,179▼
2023 · €57,368
Debt > 1 year
€19,547▼
2023 · €24,593
Income taxes
€11,437
Staff costs
€35,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €35,488 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €156 | €5,180 | €5,477 | €6,624 | ▲ 20.9% |
| Other operating charges640/8 | €353 | €193 | €677 | €400 | ▼ 41.0% |
| Gross operating margin9900 | €19,267 | €29,681 | €9,259 | €100,870 | ▲ 989% |
| Operating profit (loss)9901 | €18,758 | €24,308 | €3,104 | €58,358 | ▲ 1,780% |
| Financial income75/76B | €42 | €83 | €515 | €24 | ▼ 95.4% |
| Recurring financial income75 | €42 | €83 | €515 | €24 | ▼ 95.4% |
| Financial charges65/66B | €139 | €2,323 | €6,056 | €7,870 | ▲ 30.0% |
| Recurring financial charges65 | €139 | €2,323 | €6,056 | €7,870 | ▲ 30.0% |
| Profit (loss) for the period before taxes9903 | €18,661 | €22,067 | -€2,436 | €50,511 | ▲ 2,173% |
| Income taxes67/77 | €3,794 | €4,745 | - | €11,437 | - |
| Profit (loss) for the period9904 | €14,866 | €17,322 | -€2,436 | €39,074 | ▲ 1,704% |
| Profit (loss) for the period to be appropriated9905 | €14,866 | €17,322 | -€2,436 | €39,074 | ▲ 1,704% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €44,421 | €132,204 | €114,213 | €141,028 | ▲ 23.5% |
| Fixed assets21/28 | €31,189 | €26,009 | €23,420 | €16,796 | ▼ 28.3% |
| Tangible fixed assets22/27 | €31,189 | €26,009 | €23,420 | €16,796 | ▼ 28.3% |
| Furniture and vehicles24 | - | - | €2,591 | €1,147 | ▼ 55.7% |
| Leasing and similar rights25 | €25,744 | €20,564 | €15,384 | €10,204 | ▼ 33.7% |
| Assets under construction and advance payments27 | €5,445 | €5,445 | €5,445 | €5,445 | = |
| Current assets29/58 | €13,232 | €106,195 | €90,793 | €124,232 | ▲ 36.8% |
| Amounts receivable after more than one year29 | - | - | - | €43,255 | - |
| Trade receivables290 | - | - | - | €43,255 | - |
| Amounts receivable within one year40/41 | €3,228 | €63,919 | €75,431 | €49,208 | ▼ 34.8% |
| Trade receivables40 | €805 | €39,581 | €33,467 | €45,865 | ▲ 37.0% |
| Other amounts receivable41 | €2,422 | €24,339 | €41,964 | €3,343 | ▼ 92.0% |
| Cash at bank and in hand54/58 | €10,005 | €42,276 | €15,362 | €31,770 | ▲ 107% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €44,421 | €132,204 | €114,213 | €141,028 | ▲ 23.5% |
| Equity10/15 | €17,366 | €34,689 | €32,252 | €71,302 | ▲ 121% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €14,866 | €32,189 | €29,752 | €68,802 | ▲ 131% |
| Amounts payable17/49 | €27,055 | €97,515 | €81,961 | €69,726 | ▼ 14.9% |
| Amounts payable after more than one year17 | €19,262 | €34,200 | €24,593 | €19,547 | ▼ 20.5% |
| Financial debts170/4 | €19,262 | €34,200 | €24,593 | €19,547 | ▼ 20.5% |
| Amounts payable within one year42/48 | €7,793 | €63,315 | €57,368 | €50,179 | ▼ 12.5% |
| Current portion of amounts payable after more than one year42 | €3,831 | €9,075 | €9,607 | €4,503 | ▼ 53.1% |
| Financial debts43 | - | - | €19,178 | €17,993 | ▼ 6.2% |
| Credit institutions430/8 | - | - | €19,178 | €17,993 | ▼ 6.2% |
| Trade debts44 | €167 | €44,452 | €25,064 | €4,339 | ▼ 82.7% |
| Suppliers440/4 | €167 | €44,452 | €25,064 | €4,339 | ▼ 82.7% |
| Taxes, remuneration and social security45 | €3,794 | €9,788 | €3,519 | €23,344 | ▲ 563% |
| Taxes450/3 | €3,794 | €9,788 | €3,519 | €17,512 | ▲ 398% |
| Remuneration and social security454/9 | - | - | - | €5,833 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,866 | €17,322 | -€2,436 | €39,074 | ▲ 1,704% |
| + Depreciation and write-downs630 | €156 | €5,180 | €5,477 | €6,624 | ▲ 20.9% |
| Operating cash flow (approximation) | €15,023 | €22,502 | €3,040 | €45,698 | ▲ 1,403% |
| Investment in fixed assets (approximation) | - | €0 | -€2,888 | €0 | ▲ 100% |
| Change in cash | - | €32,271 | -€26,913 | €16,407 | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €39,074
Net result €39,074 after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-12
Financial
Weakest financial yearnet -€2,436
Net result drops to -€2,436, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Braine-le-Château · 1 establishment unit since 2020
Ground area
5,350 m²
Building footprint
1,402 m²
Volume, LiDAR
7,831 m³
Parcel 25111A0606/00Z002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHASSIS PROTECH
since 20202.311.947.983
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0606/00Z002 | Wallonia | 5,350 m² | 1 · 1,402 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 629 companies in sector 22240 we hold annual accounts for 360. 252 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
43320Joinery installation
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
Contact
Website
www.chassisprotech.be
E-mail
admin@chassisprotech.be
Scores and ratios are computed by Checked and are not a credit decision.