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GND CHASSIS

Active
Private limited companyfounded 20233 yrs activeKBO/BCE: BE 0804.158.407
Summary

The computed 12-month bankruptcy probability of GND CHASSIS is 3.0% (moderate). The 2024 annual accounts show equity of €33,315 and a net result of €32,315. Its solvency ranks better than 31% of 36380 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency55
Growth-
Track record79
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.43; short-term debt: 64% and cash: 26.1% of total assets), and 70.5% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
29.5%
Return on assets
28.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 1 filing
Deviation from the deadline
2024
74 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 74 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GND CHASSIS was incorporated on 20 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,315
Total assets
€112,800
Net result
€32,315
Working capital
€31,060

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €112,800
Fixed assets €9,594
Current assets €103,206
Equity and liabilities €112,800
Equity €33,315
Debt €79,485
Debt finances 70.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€46,216
Cash flow
€37,620
Current ratio
1.43
Debt to equity
2.39
ROE
97.0%
ROA
28.6%
Interest coverage
2672.99
Debt ≤ 1 year
€72,147
Debt > 1 year
€7,338
Income taxes
€8,578

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€112,800
Fixed assets21/28€9,594
Tangible fixed assets22/27€8,594
Furniture and vehicles24€8,594
Financial fixed assets28€1,000
Current assets29/58€103,206
Amounts receivable within one year40/41€73,719
Trade receivables40€67,794
Other amounts receivable41€5,925
Cash at bank and in hand54/58€29,487
Equity and liabilities
Total equity and liabilities10/49€112,800
Equity10/15€33,315
Contributions10/11€1,000
Profit (loss) carried forward14€32,315
Amounts payable17/49€79,485
Amounts payable after more than one year17€7,338
Financial debts170/4€7,338
Amounts payable within one year42/48€72,147
Trade debts44€55,089
Suppliers440/4€55,089
Taxes, remuneration and social security45€17,058
Taxes450/3€17,058
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,305
Other operating charges640/8€133
Gross operating margin9900€46,349
Operating profit (loss)9901€40,911
Financial charges65/66B€17
Recurring financial charges65€17
Profit (loss) for the period before taxes9903€40,894
Income taxes67/77€8,578
Profit (loss) for the period9904€32,315
Profit (loss) for the period to be appropriated9905€32,315
Appropriation of the result
Profit (loss) to be appropriated9906€32,315

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,305
Other operating charges640/8€133
Gross operating margin9900€46,349
Operating profit (loss)9901€40,911
Financial charges65/66B€17
Recurring financial charges65€17
Profit (loss) for the period before taxes9903€40,894
Income taxes67/77€8,578
Profit (loss) for the period9904€32,315
Profit (loss) for the period to be appropriated9905€32,315
Line2024
Assets
Total assets20/58€112,800
Fixed assets21/28€9,594
Tangible fixed assets22/27€8,594
Furniture and vehicles24€8,594
Financial fixed assets28€1,000
Current assets29/58€103,206
Amounts receivable within one year40/41€73,719
Trade receivables40€67,794
Other amounts receivable41€5,925
Cash at bank and in hand54/58€29,487
Equity and liabilities
Total equity and liabilities10/49€112,800
Equity10/15€33,315
Contributions10/11€1,000
Profit (loss) carried forward14€32,315
Amounts payable17/49€79,485
Amounts payable after more than one year17€7,338
Financial debts170/4€7,338
Amounts payable within one year42/48€72,147
Trade debts44€55,089
Suppliers440/4€55,089
Taxes, remuneration and social security45€17,058
Taxes450/3€17,058
Line2024
Profit (loss) for the period9904€32,315
+ Depreciation and write-downs630€5,305
Operating cash flow (approximation)€37,620

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
NBB filing
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, Beersel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3.2 ha
Building footprint
1.6 ha
Volume, LiDAR
124,786 m³
2 parcels, Brussels, Flanders · tallest building 26.5 m, ±7 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
GND CHASSIS
Charles Woestelaan 48, 1090 JetteGeneral electrical installation work
since 20232.350.527.952
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23035A0023/00L000 Flanders 3.2 ha 1 · 1.6 ha 26.5 m · 3 fl.
21463D0301/00D003 Brussels 252 m² 1 · 153 m² 22.7 m · 7 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,933 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
Founded20-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804158407
Also 9925:BE0804158407
Registered 16-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.