Financials
- Financial year
- 2024
- Total assets
- €16.1m
- Loss
- -€130,967
- Solvency
- 75.9%
Total assets▲ 30.3%
Net result
20232024
USelect Holding
ActiveSummary
The computed 12-month bankruptcy probability of USelect Holding is 2.1% (moderate). The 2024 annual accounts show equity of €12.2m and a net result of -€130,967. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
“Het beheer van dochtervennootschappen, het nemen van participaties in vennootschappen en het verlenen van…” (deed in Dutch)
From the articles, 22 activitiesNo NACE code in the KBO yet1 site
Size
€16.1mtotal assets 2024
- Equity
- €12.2m
- Loss
- -€130,967
Turnover not published (abbreviated format)
Structure
- Parent
- BeHold Co · 50.51%
- Holdings
- 2
- L&J InvestDirector · permanent representative RUYSSCHAERT Jan
- Wout MeulemanDirector
Accounts 82 days overdue3 of 4 deeds read
Why 54raises riskFigures for financial year 2024 (filed 06-01-2026)1 financial year not filed after the legal deadline; latest accounts 158 days late; 1 of the last 3 late1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 70, medium-sized)
Financial strength · tick = 2023
Strong
Solvency
100=
equity 75.9% of total assets
Liquidity
52+2
short-term debt 0.3% · cash 1.2%
Profitability
35-2
return on assets -0.8%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Credit of up to €650,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 75.12, compared with 0.08 in 2023, above the usual 1.5; short-term debt: 0.3% and cash: 1.2% of total assets), and 24.1% of the assets are financed with debt and provisions.
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 70, medium-sized): better than 81% on solvency, 64% on liquidity, 30% on profitability and 23% on growth.
The bankruptcy probability was computed on 21-10-2026 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
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-01-2026, 158 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
158 days late
2023
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 77 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Appointment: Wout Meuleman (statutory director)Resignation: DEVATRADE (director) · Permanent…
- Appointments: Wout Meuleman, L&J Invest and…Resignation: HARVEST (statutaire bestuurder) ·…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- BeHold Co · 50.51%
- L&J InvestDirector
- Wout MeulemanDirector
Network & group
- Subsidiaries
- 2
- Connected companies
- 1
2 subsidiaries
Timeline
- Events
- 6
- Since
- 2024
- 31-12-2024Liquidity times 905
- 19-12-2024Resignations: Harvest BV, Ment BV and Bart…
- 26-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 23-05-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 13
- Annual meeting
- Second Saturday of June at 12:00
- Purpose
- “Het beheer van dochtervennootschappen, het nemen van participaties in vennootschappen en…” (deed in Dutch)
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