USB Chassis Construct
ActiveSummary
The computed 12-month bankruptcy probability of USB Chassis Construct is 2.2% (moderate). The 2025 annual accounts show equity of €10,551 and a net result of €7,575. Equity is growing by about 71% per year across the filed financial years. Its solvency ranks better than 13% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €10,551
- Profit
- €7,575
- Bernard BECQUEVORTDirector
- Sandra PIRETDirector
- Ugo BECQUEVORTDirector
Why 53raises riskLast filed accounts filed 62 days late; 2 of the last 3 lateLiquidity: current ratio 0.71Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2011Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 13% on solvency, 56% on liquidity, 25% on profitability and 97% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 39 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €1,613
Financials · financial year 2025, micro format
2025 annual accounts filed late (61 days) Filed on 2 April 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00071128.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 82% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,325 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €643 | €1,435 | €1,777 | €3,631 | €1,842 | €8,857 | €10,727 | ▲ 21.1% |
| Other operating charges640/8 | - | - | - | €1,506 | €4,592 | €2,551 | €3,881 | ▲ 52.1% |
| Non-recurring operating charges66A | - | - | - | €172 | €16,062 | - | - | - |
| Gross operating margin9900 | €995 | €12,206 | €45,183 | €18,255 | €20,084 | €23,622 | €36,878 | ▲ 56.1% |
| Operating profit (loss)9901 | -€1,271 | €10,073 | €41,811 | €12,946 | -€2,412 | €12,215 | €22,270 | ▲ 82.3% |
| Financial income75/76B | - | - | - | €9 | €32 | €31 | €43 | ▲ 38.2% |
| Recurring financial income75 | €203 | €1 | €1 | €9 | €32 | €31 | €43 | ▲ 38.2% |
| Financial charges65/66B | - | - | - | €1,301 | €10,581 | €8,506 | €10,780 | ▲ 26.7% |
| Recurring financial charges65 | €182 | €160 | €698 | €1,301 | €10,581 | €8,506 | €10,780 | ▲ 26.7% |
| Profit (loss) for the period before taxes9903 | -€1,251 | €9,914 | €41,115 | €11,654 | -€12,961 | €3,740 | €11,534 | ▲ 208% |
| Income taxes67/77 | - | - | €8,560 | €4,187 | €397 | €2,127 | €3,959 | ▲ 86.1% |
| Profit (loss) for the period9904 | -€1,251 | €9,914 | €32,554 | €7,467 | -€13,358 | €1,613 | €7,575 | ▲ 370% |
| Profit (loss) for the period to be appropriated9905 | -€1,251 | €9,914 | €32,554 | €7,467 | -€13,358 | €1,613 | €7,575 | ▲ 370% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €30,556 | €12,023 | €34,730 | €60,435 | €63,857 | €146,370 | €130,656 | ▼ 10.7% |
| Fixed assets21/28 | €2,039 | €4,550 | €3,375 | €25,222 | €38,354 | €100,441 | €90,312 | ▼ 10.1% |
| Tangible fixed assets22/27 | €2,039 | €4,550 | €3,375 | €25,222 | €38,354 | €100,441 | €90,312 | ▼ 10.1% |
| Land and buildings22 | - | - | - | - | - | €68,052 | €66,306 | ▼ 2.6% |
| Plant, machinery and equipment23 | - | - | - | €488 | €1,643 | €2,592 | €1,873 | ▼ 27.7% |
| Furniture and vehicles24 | - | - | - | €24,734 | €36,710 | €29,797 | €22,133 | ▼ 25.7% |
| Current assets29/58 | €28,517 | €7,473 | €31,355 | €35,213 | €25,503 | €45,929 | €40,344 | ▼ 12.2% |
| Stocks and contracts in progress3 | - | - | €1,747 | - | €2,785 | €5,500 | €4,500 | ▼ 18.2% |
| Stocks30/36 | - | - | - | - | €2,785 | €5,500 | €4,500 | ▼ 18.2% |
| Amounts receivable within one year40/41 | €27,615 | €5,919 | €26,476 | €29,320 | €22,718 | €40,429 | €35,561 | ▼ 12.0% |
| Trade receivables40 | - | - | - | €21,969 | €15,179 | €22,450 | €24,861 | ▲ 10.7% |
| Other amounts receivable41 | - | - | - | €7,351 | €7,539 | €17,979 | €10,700 | ▼ 40.5% |
| Cash at bank and in hand54/58 | €815 | €1,554 | €3,133 | €5,893 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €283 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €30,556 | €12,023 | €34,730 | €60,435 | €63,857 | €146,370 | €130,656 | ▼ 10.7% |
| Equity10/15 | -€35,214 | -€25,300 | €7,254 | €14,721 | €1,363 | €2,976 | €10,551 | ▲ 255% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€41,414 | -€31,500 | €1,054 | €8,521 | -€4,837 | -€3,224 | €4,351 | - |
| Amounts payable17/49 | €65,770 | €37,323 | €27,476 | €45,714 | €62,494 | €143,394 | €120,106 | ▼ 16.2% |
| Amounts payable after more than one year17 | - | - | - | €17,490 | €34,425 | €86,179 | €63,480 | ▼ 26.3% |
| Financial debts170/4 | - | - | - | €17,490 | €34,425 | €86,179 | €63,480 | ▼ 26.3% |
| Amounts payable within one year42/48 | €65,770 | €37,323 | €27,476 | €28,224 | €28,069 | €57,215 | €56,626 | ▼ 1.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,029 | €13,065 | €23,090 | €22,699 | ▼ 1.7% |
| Financial debts43 | - | - | - | - | €1,793 | €10,368 | €12,085 | ▲ 16.6% |
| Credit institutions430/8 | - | - | - | - | €1,793 | €10,368 | €12,085 | ▲ 16.6% |
| Trade debts44 | €43,837 | €23,739 | €17,407 | €14,761 | €9,332 | €20,374 | €12,723 | ▼ 37.6% |
| Suppliers440/4 | - | - | - | €14,761 | €9,332 | €20,374 | €12,723 | ▼ 37.6% |
| Taxes, remuneration and social security45 | - | - | - | €7,433 | €3,533 | €3,329 | €9,119 | ▲ 174% |
| Taxes450/3 | - | - | - | €7,433 | €2,333 | €3,329 | €5,356 | ▲ 60.9% |
| Remuneration and social security454/9 | - | - | - | - | €1,200 | - | €3,763 | - |
| Other amounts payable47/48 | - | - | - | - | €346 | €53 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,251 | €9,914 | €32,554 | €7,467 | -€13,358 | €1,613 | €7,575 | ▲ 370% |
| + Depreciation and write-downs630 | €643 | €1,435 | €1,777 | €3,631 | €1,842 | €8,857 | €10,727 | ▲ 21.1% |
| Operating cash flow (approximation) | -€608 | €11,350 | €34,331 | €11,098 | -€11,516 | €10,469 | €18,301 | ▲ 74.8% |
| Investment in fixed assets (approximation) | - | -€3,947 | -€602 | -€25,479 | -€14,974 | -€70,943 | -€598 | ▲ 99.2% |
| Change in cash | - | €739 | €1,579 | €2,760 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 02-04-2026 | 2026-00071128 |
| 30-06-2024 | micro format | 04-02-2025 | 2025-00028690 |
| 30-06-2023 | micro format | 10-06-2024 | 2024-00119673 |
| 30-06-2022 | micro format | 28-04-2023 | 2023-00071044 |
| 30-06-2021 | micro format | 24-01-2022 | 2022-01700204 |
| 30-06-2020 | micro format | 01-02-2021 | 2021-04200346 |
| 30-06-2019 | micro format | 30-01-2020 | 2020-03300256 |
| 30-06-2018 | micro format | 20-12-2018 | 2018-75400428 |
| 30-06-2017 | micro format | 31-01-2018 | 2018-03800158 |
| 30-06-2016 | full format | 13-01-2017 | 2017-01400110 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bernard BECQUEVORT |
|
| Sandra PIRET |
|
| Ugo BECQUEVORT |
|
Owners and capital
Capital and shareholders
- 24-02-2023 Converted to unavailable equity
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-02
Gazette deed
Resignations: Bernard BECQUEVORT (manager) and Sandra PIRET (manager)Appointments: Bernard BECQUEVORT, Sandra PIRET and Ugo BECQUEVORT · Amendment of the articles · Capital conversion13 facts ▸
- General meeting, 15-02-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “formes et majorités de la modification des statuts, supprimer le compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Director resignation, Bernard BECQUEVORT (manager)
- Director resignation, Sandra PIRET (manager)
- Board rule, 3
- Director appointment, Bernard BECQUEVORT (director (not named in the articles))
- Director appointment, Sandra PIRET (director (not named in the articles))
- Director appointment, Ugo BECQUEVORT (director (not named in the articles))
- Director discharge, Sandra PIRET (manager)
- +1 further fact in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0833.403.511
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92061A0021/00G000 | Wallonia | 1,876 m² | 1 · 132 m² | 8.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes opérations se rapportant directement ou indirectement à l’achat, la vente, la fabrication, la réparation et la pose de châssis et de…” (deed in French)
4 activities (deed in French)
- Toutes opérations se rapportant directement ou indirectement à l’achat, la vente, la fabrication, la réparation et la pose de châssis et de vérandas, en PVC, aluminium ou bois
- L’entreprise de menuiserie en général, le commerce et le travail du bois, de panneaux, d’aluminium, de PVC et tous matériaux similaires
- L’installation de stores et bannes, volets, persiennes, portes d’entrée et portes de garage
- Le placement de serrurerie et quincaillerie du bâtiment, ainsi que de petits travaux d’électricité, de plafonnage et de toiture
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- USB Chassis Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger, par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, assemblée qui nomme fixe nombre,durée mandat et,en cas pluralité,pouvoirs” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Actions nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Libre de céder tout ou partie librement” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, dissolution pour quelque cause et à quelque…” (deed in French)