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Air Eagle

Active
Private limited companyfounded 2024active for 2 yearsVarenslaan 17, 9900 Eeklo, BelgiumKBO/BCE: BE 1013.216.270
Summary

Air Eagle has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105,030 and a net result of €102,530. Its solvency ranks better than 71% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00428646.

Equity
€105,030
Total assets
€159,311
Net result
€102,530
Working capital
€66,410

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €159,311
Fixed assets €48,909
Current assets €110,402
Equity and liabilities €159,311
Equity €105,030
Debt €54,282
Debt finances 34.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€139,760
Cash flow
€110,213
Current ratio
2.51
Debt to equity
0.52
ROE
97.6%
ROA
64.4%
Interest coverage
over 100
Debt ≤ 1 year
€43,992
Debt > 1 year
€10,290
Income taxes
€30,000

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€159,311
Fixed assets21/28€48,909
Tangible fixed assets22/27€48,909
Plant, machinery and equipment23€2,881
Furniture and vehicles24€46,028
Current assets29/58€110,402
Amounts receivable within one year40/41€77,036
Trade receivables40€32,443
Other amounts receivable41€44,594
Cash at bank and in hand54/58€33,366
Equity and liabilities
Total equity and liabilities10/49€159,311
Equity10/15€105,030
Contributions10/11€2,500
Profit (loss) carried forward14€102,530
Amounts payable17/49€54,282
Amounts payable after more than one year17€10,290
Financial debts170/4€10,290
Amounts payable within one year42/48€43,992
Current portion of amounts payable after more than one year42€6,536
Trade debts44€7,455
Suppliers440/4€7,455
Taxes, remuneration and social security45€30,000
Taxes450/3€30,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,683
Other operating charges640/8€4,243
Gross operating margin9900€144,004
Operating profit (loss)9901€132,077
Financial income75/76B€1,147
Recurring financial income75€1,147
Financial charges65/66B€694
Recurring financial charges65€694
Profit (loss) for the period before taxes9903€132,530
Income taxes67/77€30,000
Profit (loss) for the period9904€102,530
Profit (loss) for the period to be appropriated9905€102,530
Appropriation of the result
Profit (loss) to be appropriated9906€102,530

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,683
Other operating charges640/8€4,243
Gross operating margin9900€144,004
Operating profit (loss)9901€132,077
Financial income75/76B€1,147
Recurring financial income75€1,147
Financial charges65/66B€694
Recurring financial charges65€694
Profit (loss) for the period before taxes9903€132,530
Income taxes67/77€30,000
Profit (loss) for the period9904€102,530
Profit (loss) for the period to be appropriated9905€102,530
Line2025
Assets
Total assets20/58€159,311
Fixed assets21/28€48,909
Tangible fixed assets22/27€48,909
Plant, machinery and equipment23€2,881
Furniture and vehicles24€46,028
Current assets29/58€110,402
Amounts receivable within one year40/41€77,036
Trade receivables40€32,443
Other amounts receivable41€44,594
Cash at bank and in hand54/58€33,366
Equity and liabilities
Total equity and liabilities10/49€159,311
Equity10/15€105,030
Contributions10/11€2,500
Profit (loss) carried forward14€102,530
Amounts payable17/49€54,282
Amounts payable after more than one year17€10,290
Financial debts170/4€10,290
Amounts payable within one year42/48€43,992
Current portion of amounts payable after more than one year42€6,536
Trade debts44€7,455
Suppliers440/4€7,455
Taxes, remuneration and social security45€30,000
Taxes450/3€30,000
Line2025
Profit (loss) for the period9904€102,530
+ Depreciation and write-downs630€7,683
Operating cash flow (approximation)€110,213

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-08-2026 2026-00428646

Similar companies · same sector, comparable size

Of the 9,478 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,740. 4,976 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.