AIR AUTO
ActiveSummary
The computed 12-month bankruptcy probability of AIR AUTO is 2.9% (moderate). The 2025 annual accounts show equity of €29k and a net result of €-15k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 4654 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-57
Solvency65▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.5 against 1.01 in 2024; short-term debt: 45.9% and cash: 5.5% of total assets), and 60.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-21.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
7 d late
2023
9 d late
2022
3 d late
2021
8 d late
2020
2 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▼ 35.0%
2024 · €44k
2018: €28k
2019: €28k▼ -0.1% vs 2018
2020: €18k▼ -34.0% vs 2019lowest in 8 years
2021: €43k▲ +137% vs 2020
2022: €53k▲ +23.4% vs 2021highest in 8 years
2023: €52k▼ -1.6% vs 2022
2024: €44k▼ -15.9% vs 2023
2025: €29k▼ -35.0% vs 2024
2018 → 2025
Total assets
€72k▼ 18.0%
2024 · €88k
2018: €33klowest in 8 years
2019: €47k▲ +45.5% vs 2018
2020: €43k▼ -10.1% vs 2019
2021: €48k▲ +13.0% vs 2020
2022: €60k▲ +25.5% vs 2021
2023: €85k▲ +41.2% vs 2022
2024: €88k▲ +3.3% vs 2023highest in 8 years
2025: €72k▼ -18.0% vs 2024
2018 → 2025
Net result
€-15k▼ 85.1%
2024 · €-8k
2018: €2k
2019: €-25▼ -101% vs 2018
2020: €-9k▼ -37813% vs 2019
2021: €25k▲ +366% vs 2020highest in 8 years
2022: €10k▼ -59.4% vs 2021
2023: €-871▼ -109% vs 2022
2024: €-8k▼ -857% vs 2023
2025: €-15k▼ -85.1% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-16k
2024 · €102
2018: €-4k
2019: €-596▲ +85.7% vs 2018
2020: €-8k▼ -1326% vs 2019
2021: €14k▲ +260% vs 2020
2022: €24k▲ +78.9% vs 2021highest in 8 years
2023: €15k▼ -37.2% vs 2022
2024: €102▼ -99.3% vs 2023
2025: €-16k▼ -16153% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€53k▲ 23.4%€52k▼ 1.6%€44k▼ 15.9%€29k▼ 35.0%
2021: €43k
2022: €53k▲ +23.4% vs 2021highest in 5 years
2023: €52k▼ -1.6% vs 2022
2024: €44k▼ -15.9% vs 2023
2025: €29k▼ -35.0% vs 2024lowest in 5 years
Operating result€25k-€10k▼ 59.7%€3k▼ 74.7%€-5k€-14k▼ 175%
2021: €25khighest in 5 years
2022: €10k▼ -59.7% vs 2021
2023: €3k▼ -74.7% vs 2022
2024: €-5k▼ -293% vs 2023
2025: €-14k▼ -175% vs 2024lowest in 5 years
Net result€25k-€10k▼ 59.4%€-871€-8k▼ 857%€-15k▼ 85.1%
2021: €25khighest in 5 years
2022: €10k▼ -59.4% vs 2021
2023: €-871▼ -109% vs 2022
2024: €-8k▼ -857% vs 2023
2025: €-15k▼ -85.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€56k ▼ 18.2%
Current assets
€17k ▼ 17.4%
Equity and liabilities €72k
Equity
€29k ▼ 35.0%
Debt
€44k ▼ 1.1%
Debt's share of the balance-sheet total rises from 50.0% to 60.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2024 · €7k
Cash flow
€-3k▼
2024 · €4k
Current ratio
0.50▼
2024 · 1.01
Debt to equity
1.52▲
2024 · 1.00
ROE
-53.8%▼
2024 · -18.9%
ROA
-21.4%▼
2024 · -9.5%
Interest coverage
-0.95▼
2024 · 5.98
Debt ≤ 1 year
€33k▲
2024 · €20k
Debt > 1 year
€10k▼
2024 · €24k
Income taxes
€343▼
2024 · €2k
Staff costs
€75k▲
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88k€72k▼
Fixed assets21/28€68k€56k▼
Intangible fixed assets21€25k€25k=
Tangible fixed assets22/27€43k€31k▼
Furniture and vehicles24€43k€31k▼
Current assets29/58€20k€17k▼
Amounts receivable within one year40/41€4k€13k▲
Other amounts receivable41€4k€13k▲
Cash at bank and in hand54/58€16k€4k▼
Equity and liabilities
Total equity and liabilities10/49€88k€72k▼
Equity10/15€44k€29k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€24k€8k▼
Amounts payable17/49€44k€44k▼
Amounts payable after more than one year17€24k€10k▼
Financial debts170/4€24k€10k▼
Amounts payable within one year42/48€20k€33k▲
Trade debts44€77€2k▲
Suppliers440/4€77€2k▲
Taxes, remuneration and social security45€6k€18k▲
Taxes450/3-€10k
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€14k€13k▼
Income statement
Code20242025
Remuneration, social security and pensions62€51k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€800€400▼
Gross operating margin9900€59k€74k▲
Operating profit (loss)9901€-5k€-14k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-6k€-15k▼
Income taxes67/77€2k€343▼
Profit (loss) for the period9904€-8k€-15k▼
Profit (loss) for the period to be appropriated9905€-8k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€8k▼
Profit (loss) brought forward from the previous period14P€32k€24k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €5k | €19k | €31k | €51k | €75k | ▲ 48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €11k | €12k | €12k | = |
| Other operating charges640/8 | €348 | €348 | €444 | €800 | €400 | ▼ 50.0% |
| Gross operating margin9900 | €35k | €34k | €45k | €59k | €74k | ▲ 25.8% |
| Operating profit (loss)9901 | €25k | €10k | €3k | €-5k | €-14k | ▼ 175% |
| Financial charges65/66B | €406 | €98 | €976 | €1k | €1k | ▲ 12.8% |
| Recurring financial charges65 | €406 | €98 | €976 | €1k | €1k | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €25k | €10k | €2k | €-6k | €-15k | ▼ 143% |
| Income taxes67/77 | - | - | €2k | €2k | €343 | ▼ 83.8% |
| Profit (loss) for the period9904 | €25k | €10k | €-871 | €-8k | €-15k | ▼ 85.1% |
| Profit (loss) for the period to be appropriated9905 | €25k | €10k | €-871 | €-8k | €-15k | ▼ 85.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €60k | €85k | €88k | €72k | ▼ 18.0% |
| Fixed assets21/28 | €33k | €29k | €51k | €68k | €56k | ▼ 18.2% |
| Intangible fixed assets21 | €25k | €25k | €25k | €25k | €25k | = |
| Tangible fixed assets22/27 | €8k | €4k | €26k | €43k | €31k | ▼ 28.8% |
| Furniture and vehicles24 | €8k | €4k | €26k | €43k | €31k | ▼ 28.8% |
| Current assets29/58 | €15k | €31k | €34k | €20k | €17k | ▼ 17.4% |
| Amounts receivable within one year40/41 | €3k | €7k | €5k | €4k | €13k | ▲ 216% |
| Other amounts receivable41 | €3k | €7k | €5k | €4k | €13k | ▲ 216% |
| Cash at bank and in hand54/58 | €12k | €24k | €29k | €16k | €4k | ▼ 75.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €60k | €85k | €88k | €72k | ▼ 18.0% |
| Equity10/15 | €43k | €53k | €52k | €44k | €29k | ▼ 35.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €23k | €33k | €32k | €24k | €8k | ▼ 65.3% |
| Amounts payable17/49 | €5k | €7k | €33k | €44k | €44k | ▼ 1.1% |
| Amounts payable after more than one year17 | €3k | - | €14k | €24k | €10k | ▼ 56.5% |
| Financial debts170/4 | €3k | - | €14k | €24k | €10k | ▼ 56.5% |
| Amounts payable within one year42/48 | €2k | €7k | €19k | €20k | €33k | ▲ 64.5% |
| Trade debts44 | €1k | €4k | €1k | €77 | €2k | ▲ 2,874% |
| Suppliers440/4 | €1k | €4k | €1k | €77 | €2k | ▲ 2,874% |
| Taxes, remuneration and social security45 | €143 | €4k | €636 | €6k | €18k | ▲ 189% |
| Taxes450/3 | - | - | - | - | €10k | - |
| Remuneration and social security454/9 | €143 | €4k | €636 | €6k | €8k | ▲ 22.3% |
| Other amounts payable47/48 | - | - | €17k | €14k | €13k | ▼ 6.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €10k | €-871 | €-8k | €-15k | ▼ 85.1% |
| + Depreciation and write-downs630 | €4k | €4k | €11k | €12k | €12k | = |
| Operating cash flow (approximation) | €29k | €14k | €10k | €4k | €-3k | ▼ 176% |
| Investment in fixed assets (approximation) | - | €0 | €-33k | €-29k | €0 | ▲ 100% |
| Change in cash | - | €12k | €5k | €-13k | €-12k | ▲ 3.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
31-12
Financial
Liquidity times 25current ratio 9.93
Current ratio from 0.39 to 9.93; short-term debt falls from €14k to €2k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evere · 2 establishment units since 2003
Ground area
609 m²
Building footprint
440 m²
Volume, LiDAR
1,979 m³
2 parcels, Brussels, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
AIR AUTO
since 20032.134.112.836
Air Auto SRL
since 20242.358.699.411
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0253/00A005 | Flanders | 453 m² | 1 · 365 m² | 8.4 m · 1 fl. |
| 21372B0308/00L004 | Brussels | 156 m² | 1 · 75 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EUROPEAN SERVICE LOCATION
BE 0427.940.244
Etterbeek · Eq €28,681
THEOTAXI
BE 0718.777.324
Gembloux · Eq €28,696
SWANS
BE 1009.554.719
Duffel · Eq €28,634
PAK
BE 0453.216.167
Brussel · Eq €28,612
ATOMI
BE 0802.722.510
Grimbergen · Eq €28,594
Of 6,685 companies in sector 49330 we hold annual accounts for 2,296. 1,981 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Scores and ratios are computed by Checked and are not a credit decision.