AD-Air

Active Risk: very low

Limited partnershipfounded 200719 yrs activeChôdes - A la Croix Jacob 7, 4960 Malmedy, BelgiumKBO/BCE: BE 0887.537.726

Summary

AD-Air has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €417,403 and a net result of €230,293. Equity is growing by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 9838 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

AD-AirActive

Risk analysis Report Compare

Activity

Activities of company auditors

NACE 69203NACE 74123

Size

€655,314total assets 2020

Equity: €417,403
Profit: €230,293

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 0.1%

2020 figures too old to score

Structure

Accounts 1525 d overdue0 of 4 deeds read

Signals- Figures for FY 2020 (filed 16-06-2021)+ Sector Legal and accounting activities (NACE 69)+ Liquidity: current ratio 2.21, cash €223,522+ Legal form Limited partnershipNo filing for yearsLatest accounts filed on timeShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2020 are too old to assess current financial health.

Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.

Financial strength, FY 2020 · tick = 2019

Strong

Solvency 89+9

equity 63.7% of total assets

Liquidity 76+40

short-term debt 36.3% · cash 34.1%

Profitability 100=

return on assets 35.1%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (19,768 companies)

Last 24 months 11-2024: 0.1%highest value 12-2024: 0.1%● 0.0% vs 11-2024highest value 01-2025: 0.1%● 0.0% vs 12-2024highest value 02-2025: 0.1%● 0.0% vs 01-2025highest value 03-2025: 0.1%● 0.0% vs 02-2025highest value 04-2025: 0.1%● 0.0% vs 03-2025highest value 05-2025: 0.1%● 0.0% vs 04-2025highest value 06-2025: 0.1%● 0.0% vs 05-2025highest value 07-2025: 0.1%● 0.0% vs 06-2025highest value 08-2025: 0.1%● 0.0% vs 07-2025highest value 09-2025: 0.1%● 0.0% vs 08-2025highest value 10-2025: 0.1%● 0.0% vs 09-2025highest value 11-2025: 0.1%● 0.0% vs 10-2025highest value 12-2025: 0.1%● 0.0% vs 11-2025highest value 01-2026: 0.1%● 0.0% vs 12-2025highest value 02-2026: 0.1%● 0.0% vs 01-2026highest value 03-2026: 0.1%● 0.0% vs 02-2026highest value 04-2026: 0.1%● 0.0% vs 03-2026highest value 05-2026: 0.1%● 0.0% vs 04-2026highest value 06-2026: 0.1%● 0.0% vs 05-2026highest value 07-2026: 0.1%● 0.0% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value

Figures for FY 2020 (filed 16-06-2021) raises the probability
Sector Legal and accounting activities (NACE 69) lowers the probability
Liquidity: current ratio 2.21, cash €223,522 lowers the probability
Legal form Limited partnership lowers the probability

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2020 (filed 16-06-2021)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Legal and accounting activities (NACE 69)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 2.21, cash €223,522

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Legal form Limited partnership

In the bankruptcy model this factor lowers the probability.

KBO

No filing for years

The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2021 close31-07-2022 deadline03-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 11-06-2021, 50 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

50 d early

2019

135 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 93 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)

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

11-06-21 Annual accounts filedfiscal year 2020 · micro…
31-12-20 Highest result since 2018net €230,293 ▲16.4%
18-03-20 Annual accounts filedfiscal year 2019 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2022 1525 d late View
Positive: Among the best 5% on net resultsector median €25,407 · 9,837 companies €230,293 View
Positive: Equity rose in 2020from €277,110 to €417,403 ▲ 50.6% View