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Air Group

Active
Private limited companyfounded 1998active for 28 yearsDumolinlaan(Kor) 1, 8500 Kortrijk, Belgium95 active companies are registered at this addressKBO/BCE: BE 0462.484.122
Summary

Air Group has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,576 and a net result of €1,539. Equity is shrinking by about 9.4% per year across the filed financial years. Its solvency ranks better than 45% of 34,072 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€73,782total assets 2025
Equity
€31,576
Profit
€1,539
Turnover not published (micro format)
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts 2 days early1 of 3 deeds read
Why 63raises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.76, cash €4Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1998Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 31% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 68-4
equity 42.8% of total assets
Liquidity 21-3
short-term debt 56.5% · cash 0.0%
Profitability 43+18
return on assets 2.1%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.6%▼ -0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.2 percentage points vs 03-2025highest value 05-2025: 0.8%▼ -1.0 percentage point vs 04-2025lowest value 06-2025: 0.8%● unchanged vs 05-2025lowest value 07-2025: 0.8%● unchanged vs 06-2025lowest value 08-2025: 0.8%● unchanged vs 07-2025lowest value 09-2025: 0.8%● unchanged vs 08-2025lowest value 10-2025: 0.8%● unchanged vs 09-2025lowest value 11-2025: 0.8%● unchanged vs 10-2025lowest value 12-2025: 0.8%● unchanged vs 11-2025lowest value 01-2026: 1.5%▲ +0.7 percentage points vs 12-2025 02-2026: 1.7%▲ +0.2 percentage points vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▼ -0.5 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 1.4%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.76, compared with 1.9 in 2024, above the usual 1.5; short-term debt: 56.5% and cash: 0% of total assets), but 57.2% 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 43, micro): better than 46% on solvency, 12% on liquidity, 21% on profitability and 47% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.76, cash €4
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
on the day
2023
on the day
2022
30 days early
2021
206 days late
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end14-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: HOUZÉ Véronique (director)Reappointment: HOUZÉ Véronique (director) ·…
  3. Back to profitnet €1,539

Key points

  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • One director decidessole director in office 1 View
  • Active since 1998founded 02-02-1998 28 years View

By topic

Financials

Financial year
2025
Total assets
€73,782
Profit
€1,539
Solvency
42.8%
Total assets▲ 15.1%
Net result
20192025
Go to Financials

Timeline

Events
30
Since
1999
Next accounts
by 30-04-2027
  1. 30-04-2025Annual accounts filed
  2. 30-04-2024Annual accounts filed
  3. 31-03-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
02-02-1998
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Annual meeting
First Monday of March at 18:00
Purpose
“Het beheer, de verwerving, het bezit, de exploitatie, de ontwikkeling, de verhuur en de…” (deed in Dutch)
Go to Articles of association

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