Financials
- Fiscal year
- 2024
- Total assets
- €390,618
- Profit
- €17,848
- Solvency
- 54.6%
Total assets▲ 23.0%
Net result
20182024
AIR - TECH INDUSTRIES
ActiveSummary
The computed 12-month bankruptcy probability of AIR - TECH INDUSTRIES is 4.2% (elevated). The 2024 annual accounts show equity of €213,297 and a net result of €17,848. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 36397 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331Wholesale of other machinery and equipment NACE 46649
#4 oldest company in Tinlot, Construction sector1 site
Size
€390,618total assets 2024
- Staff
- 2.1 FTE
- Equity
- €213,297
- Profit
- €17,848
Structure
Accounts 65 d overdue0 of 1 deed read
Why 48- Liquidity: current ratio 2.19, cash €372- Figures for FY 2024 (filed 16-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 108 days late; 3 of the last 3 late+ Founded in 1991Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
80-7
equity 54.6% of total assets
Liquidity
29-3
short-term debt 43.6% · cash 0.1%
Profitability
74+3
return on assets 4.6%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%
12-2024: 2.2%● 0.0% vs 11-2024
01-2025: 2.2%● 0.0% vs 12-2024
02-2025: 2.2%● 0.0% vs 01-2025
03-2025: 2.2%● 0.0% vs 02-2025
04-2025: 2.2%▼ -2.2% vs 03-2025
05-2025: 2.2%▼ -1.4% vs 04-2025
06-2025: 2.1%▼ -2.2% vs 05-2025
07-2025: 2.4%▲ +14.7% vs 06-2025
08-2025: 3.1%▲ +29.8% vs 07-2025
09-2025: 3.5%▲ +10.3% vs 08-2025
10-2025: 3.9%▲ +12.5% vs 09-2025
11-2025: 4.1%▲ +4.7% vs 10-2025
12-2025: 2.3%▼ -43.9% vs 11-2025
01-2026: 2.3%● 0.0% vs 12-2025
02-2026: 2.3%● 0.0% vs 01-2026
03-2026: 2.3%● 0.0% vs 02-2026
04-2026: 2.2%▼ -2.2% vs 03-2026
05-2026: 2.2%▼ -1.4% vs 04-2026
06-2026: 2.1%▼ -6.0% vs 05-2026lowest value
07-2026: 2.1%▲ +2.5% vs 06-2026
08-2026: 3.1%▲ +43.0% vs 07-2026
09-2026: 3.4%▲ +9.9% vs 08-2026
10-2026: 4.2%▲ +25.8% vs 09-2026highest value
- Liquidity: current ratio 2.19, cash €372 raises the probability
- Figures for FY 2024 (filed 16-11-2025) raises the probability
- Founded in 1991 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 108 days late; 3 of the last 3 late raises the probability
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.19 against 2.35 in 2023; short-term debt: 43.6% and cash: 0.1% of total assets), and 45.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 59%, liquidity 18%, profitability 48%, growth against the median 54%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-11-2025, 108 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
108 d late
2023
82 d late
2022
113 d late
2021
697 d late
2020
1062 d late
2018
91 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 359 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €17,848 ▲191%
- Equity above €200,000Eq €213,297 ▲9.1%
Key points
By topic
Timeline
- Events
- 15
- Since
- 2015
- 16-11-2025Annual accounts filed
- 31-12-2024Highest result since 2018
- 31-12-2024Equity above €200,000
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 29-04-1991
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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