Checked.be
Active
BE 1002.592.295Private limited company
USPEH & CONSTRUCT
Mutsaardplein 2 ·1853 Grimbergen, Belgium· 2 yrs active
Sector: General construction of residential buildings
(41001)
Conclusion
The computed 12-month bankruptcy probability of USPEH & CONSTRUCT is 2.3% (moderate). The 2024 annual accounts show equity of €24k and a net result of €21k. Its solvency ranks better than 89% of 9989 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €24k |
| Net result | €21k |
| Better than sector | 89% |
| Active | 2 yrs |
Financial profile
88
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
85
Profitability
100
Solvency
100
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
85
/ 100
Excellent
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€2k
estimate, not credit advice
Score components
Liquidity
Current ratio 5.62 (≥ 1.5)
+10
Quick ratio
Quick ratio 5.62 (≥ 1.0)
+5
Leverage
Debt/equity 0.22 (< 1.0)
+10
Profitability
ROE 88% (≥ 10%)
+10
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 41, Construction of residential and non-residential buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 82.2% | 42.3% | |
| Net result | €21k | €8k | |
| Equity | €24k | €45k | |
| Gross operating margin | €28k | €31k | |
| Total assets | €29k | €125k |
Figures by fiscal year and ratios
| Fiscal year | 2024 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | - |
| Net profit | €21k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €29k |
| Equity | €24k |
| Debt | €5k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | €24k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 5.62 |
| Quick ratio | 5.62 |
| Working capital ratio | 82.2% |
| Solvency | 82.2% |
| Debt / equity | 0.22 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 72.0% |
| ROE | 87.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €29k |
| Current assets | 29/58 | €29k |
| Amounts receivable within one year | 40/41 | €29k |
| Cash & bank | 54/58 | €600 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €29k |
| Equity | 10/15 | €24k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €21k |
| Amounts payable | 17/49 | €5k |
| Amounts payable within one year | 42/48 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €28k |
| Operating result | 9901 | €28k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €26k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €21k |
| Result to be appropriated | 9905 | €21k |
Directors & mandates
Current directors & mandates
-
Spinu AdrianDirectorState Gazette act 25073717 (12-06-2025)Current20-05-2025 → present
Former directors (1)
-
Colac SergheiDirectorState Gazette act 25073717 (12-06-2025)Former- → 20-05-2025
Legal Structure
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 23-11-2023 |
| Status | Active |
| Postal code | 1853 |
Establishment units
USPEH & CONSTRUCT
since 20232.352.218.227
Real-estate footprint
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0399/00M025 | Flanders | 1,424 m² | 1 · 561 m² | 22.0 m · 5 fl. |
| 21463D0199/00F000 | Brussels | 134 m² | 1 · 110 m² | 13.8 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
12-06
State Gazette act
Director changes
State Gazette actNBB filing
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2025
12-06-2025 1 director appointed, 1 resigning
- Spinu Adrian, Bestuurder
- Colac Serghei, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Colac Serghei",
"address": null,
"birth_date": "1991-11-14",
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2025-05-20",
"evidence_quote": "De Algemene Vergadering der Aandeelhouders heeft eenparig beslist om vanaf 20/05/2025 dat de heer Colac Serghei, geboren op 14 november 1991 neemt ontslag als bestuurder",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Spinu Adrian",
"address": null,
"birth_date": "2003-01-30",
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2025-05-20",
"evidence_quote": "draagt zijn aandelen (100) over aan Spinu Adrian, geboren op 30 ianuari 2003, die ze aanvaardt en tot nieuwe bestuurder wordt benoemd.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": "Colac Serghei",
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-12",
"filing_date": "2025-06-04",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2025-05-20",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "1002.592.295",
"name_full": "USPEH \u0026 CONSTRUCT",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
General construction of residential buildings41001General cleaning of buildings81210
Names & trade names
| Legal nameNL | USPEH & CONSTRUCT |
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