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AIR MASTERS

Active
Private limited companyfounded 201214 yrs activeIndustrielaan 61, 1070 Anderlecht, BelgiumKBO/BCE: BE 0844.095.087
Summary

The computed 12-month bankruptcy probability of AIR MASTERS is 1.7% (moderate). The 2024 annual accounts show equity of €453,061 and a net result of €46,621. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 7462 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
AIR MASTERSActiveChecked score 46/100
Risk analysis ReportCompare

Overview

What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€2.0mtotal assets 2024
Staff
17 FTE
Equity
€453,061
Profit
€46,621
Turnover not published (abridged schema)
Financially healthy?
46 Fair Checked score 2024
Bankruptcy chance 12 m
1.7%
Who decides
Accounts 63 d overdue1 of 7 deeds read
Why 46- Higher-failure-rate sector- Higher-failure-rate region- Weak solvency vs sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
46 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-1
Solvency47=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.22 in 2023; short-term debt: 40.9% and cash: 0.2% of total assets), and 77.7% of the assets are financed with debt.
Credit check for your own amount and term

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Signals

Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7462 sector peers (2024).
NBB · sector comparison
Position among 7462 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
31 d early
2021
26 d late
2020
36 d early
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Among the largest 9% on gross marginsector median €342,343 · 7,454 companies €1.5m View
  • Positive: 7 profitable years in a rowprofit 2024: €46,621 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€2.0m
Profit
€46,621
Solvency
22.3%
Total assets▲ 10.6%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 06-05-2026Registered office
  2. 29-08-2025Annual accounts filed
  3. 30-08-2024Annual accounts filed
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€2,060awarded · 2023 - 2024
Registered contractor
1categories
Go to Support & recognitions

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
28-02-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

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