Summary
AD-Air has been active since 2007 and the Belgian Official 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 about 34% per year across the filed financial years. Its solvency ranks better than 61% of 9,702 sector peers (NACE 69, financial year 2020). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €417,403
- Profit
- €230,293
- Bankruptcy probabilitywithin 12 months
- 0.1%
Signalsraises riskFigures for financial year 2020 (filed 16-06-2021)lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 2.21, cash €223,522Legal form: limited partnershipneutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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Signals
This company filed its last 2 accounts on average 93 days before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Appointment: Anne DORTHU (manager)Name change · Purpose change…
- Annual accounts filedfinancial year 2020 · micro…
- Highest result from 2018 to 2020net €230,293 ▲16.4%
Financials · financial year 2020, micro format
2021 annual accounts not yet filed, deadline passed on 31 July 2022 Financial year closed on 31 December 2021; filing due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 22 October 2026.
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result has risen two years in a row; 2020 is 16% above 2019 and is the highest result in the available series.
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 69, Legal and accounting 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).
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,901 | €2,287 | €2,008 | ▼ 12.2% |
| Gross operating margin9900 | €269,255 | €279,245 | €322,611 | ▲ 15.5% |
| Operating profit (loss)9901 | €265,777 | €275,937 | €319,654 | ▲ 15.8% |
| Recurring financial income75 | €1,283 | €5,826 | €6,930 | ▲ 19.0% |
| Recurring financial charges65 | €1,319 | €1,417 | €1,197 | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | €265,740 | €280,346 | €325,387 | ▲ 16.1% |
| Income taxes67/77 | €79,344 | €82,495 | €95,094 | ▲ 15.3% |
| Profit (loss) for the period9904 | €186,396 | €197,851 | €230,293 | ▲ 16.4% |
| Profit (loss) for the period to be appropriated9905 | €186,396 | €197,851 | €230,293 | ▲ 16.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €389,427 | €500,640 | €655,314 | ▲ 30.9% |
| Fixed assets21/28 | €92,053 | €124,453 | €130,138 | ▲ 4.6% |
| Tangible fixed assets22/27 | €7,733 | €5,446 | €3,438 | ▼ 36.9% |
| Financial fixed assets28 | €84,320 | €119,007 | €126,699 | ▲ 6.5% |
| Current assets29/58 | €297,374 | €376,187 | €525,177 | ▲ 39.6% |
| Amounts receivable within one year40/41 | €168,659 | €344,403 | €300,260 | ▼ 12.8% |
| Cash at bank and in hand54/58 | €127,519 | €30,399 | €223,522 | ▲ 635% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €389,427 | €500,640 | €655,314 | ▲ 30.9% |
| Equity10/15 | €229,258 | €277,110 | €417,403 | ▲ 50.6% |
| Contributions10/11 | €55,800 | €55,800 | €55,800 | = |
| Reserves13 | €160,580 | €210,580 | €350,580 | ▲ 66.5% |
| Profit (loss) carried forward14 | €12,878 | €10,730 | €11,023 | ▲ 2.7% |
| Amounts payable17/49 | €160,169 | €223,530 | €237,912 | ▲ 6.4% |
| Amounts payable within one year42/48 | €160,169 | €223,530 | €237,912 | ▲ 6.4% |
| Trade debts44 | €2,679 | €1,642 | €13,251 | ▲ 707% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €186,396 | €197,851 | €230,293 | ▲ 16.4% |
| + Depreciation and write-downs630 | €2,901 | €2,287 | €2,008 | ▼ 12.2% |
| Operating cash flow (approximation) | €189,297 | €200,138 | €232,301 | ▲ 16.1% |
| Investment in fixed assets (approximation) | - | -€34,687 | -€7,693 | ▲ 77.8% |
| Change in cash | - | -€97,120 | €193,124 | - |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2020 | micro format | 11-06-2021 | 2021-19200337 |
| 31-12-2019 | micro format | 18-03-2020 | 2020-06900423 |
| 31-12-2018 | micro format | 03-05-2019 | 2019-12100316 |
| 31-12-2017 | micro format | 05-04-2018 | 2018-09200105 |
| 31-12-2016 | full format | 21-03-2017 | 2017-06800436 |
| 31-12-2015 | full format | 23-04-2016 | 2016-10700086 |
| 31-12-2014 | full format | 01-05-2015 | 2015-11200161 |
| 31-12-2013 | full format | 30-04-2014 | 2014-10900330 |
| 31-12-2012 | full format | 19-07-2013 | 2013-32900503 |
| 31-12-2011 | full format | 14-06-2012 | 2012-17700315 |
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
| Name | Functions and periods |
|---|---|
| Anne DORTHU |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-11
Gazette deed
Appointment: Anne DORTHU (manager)Name change · Purpose change · Power of attorney8 facts ▸
- General meeting, 19-11-2025
- Name change, AD-Air
- Purpose change
- Other provision, “suppression qualité statutaire fonction de gérant, suppression” (deed in French)
- Other provision, “modifications ponctuelles des statuts-suppression des références aux exigences de l’Institut des Réviseurs d’Entreprises, modification” (deed in French)
- Director appointment, Anne DORTHU (manager)
- Power of attorney, Anne DORTHU
- Power of attorney, Michel COËME
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have 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 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
- Board ruleHow the board is made up, meets and takes decisions.
- “Les plus étendus,sauf ceux dévolus à l’assemble générale, 9” (deed in French)
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 21-11-2025
Read from the deeds: 2 provisions, deed of 21-11-2025