AIR TECHNOLOGIES
ActiveSummary
AIR TECHNOLOGIES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.57M and a net result of €411k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+13
Solvency81▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.8 in 2024; short-term debt: 42.5% and cash: 11% of total assets), and 44.5% of the assets are financed with debt.
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Signals
Six 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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.5%
Return on assets
14.6%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
56 d early
2023
99 d early
2022
138 d early
2021
149 d early
2020
155 d early
2019
149 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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€411k▲ 207%
2024 · €134k
Working capital
€1.42M▲ 5.5%
2024 · €1.35M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€76k▼ 69.4%€323k▲ 327%€350k▲ 8.3%€188k▼ 46.3%€550k▲ 193%
Net result€54k▼ 67.9%€226k▲ 317%€253k▲ 11.9%€134k▼ 47.0%€411k▲ 207%
Equity€1.28M▲ 4.4%€1.51M▲ 17.7%€1.76M▲ 16.8%€1.48M▼ 16.0%€1.57M▲ 5.8%
Total assets€2.71M▲ 7.7%€3.11M▲ 15.1%€3.29M▲ 5.5%€3.22M▼ 2.0%€2.82M▼ 12.5%
Debt€1.28M▲ 1.6%€1.57M▲ 22.7%€1.48M▼ 5.7%€1.69M▲ 14.4%€1.20M▼ 28.9%
Working capital€1.41M▼ 10.6%€1.45M▲ 2.7%€1.68M▲ 16.1%€1.35M▼ 19.8%€1.42M▲ 5.5%
Staff (FTE)30.5▲ 10.5%31.9▲ 4.6%30.3▼ 5.0%28.1▼ 7.3%31.7▲ 12.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 193% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.82M
Fixed assets
€199k ▲ 9.4%
Current assets
€2.62M ▼ 13.8%
Equity and liabilities €2.82M
Equity
€1.57M ▲ 5.8%
Provisions
€50k =
Debt
€1.20M ▼ 28.9%
Debt's share of the balance-sheet total falls from 52.5% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€633k▲
2024 · €266k
Cash flow
€495k▲
2024 · €213k
Current ratio
2.19▲
2024 · 1.80
Quick ratio
2.09▲
2024 · 1.64
Debt to equity
0.77▼
2024 · 1.14
ROE
26.3%▲
2024 · 9.1%
ROA
14.6%▲
2024 · 4.2%
Interest coverage
22.00▲
2024 · 11.01
Debt ≤ 1 year
€1.20M▼
2024 · €1.69M
Debt > 1 year
€5k▲
2024 · €0
Income taxes
€149k▲
2024 · €65k
Staff costs
€2.17M▲
2024 · €1.84M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €9k | - |
| Remuneration, social security and pensions62 | - | €1.71M | €1.79M | €1.84M | €2.17M | ▲ 18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60k | €73k | €77k | €79k | €83k | ▲ 6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-69k | €13k | €9k | ▼ 28.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-112k | €3k | €-2k | €0 | ▲ 100% |
| Other operating charges640/8 | - | €31k | €104k | €17k | €14k | ▼ 19.7% |
| Non-recurring operating charges66A | - | €188k | €2k | €0 | - | - |
| Gross operating margin9900 | €1.93M | €2.21M | €2.26M | €2.13M | €2.83M | ▲ 32.5% |
| Operating profit (loss)9901 | €76k | €323k | €350k | €188k | €550k | ▲ 193% |
| Financial income75/76B | - | €23k | €25k | €35k | €39k | ▲ 9.8% |
| Recurring financial income75 | €43k | €23k | €25k | €35k | €39k | ▲ 9.8% |
| Financial charges65/66B | - | €22k | €22k | €24k | €29k | ▲ 19.0% |
| Recurring financial charges65 | €28k | €22k | €22k | €24k | €29k | ▲ 19.0% |
| Profit (loss) for the period before taxes9903 | €90k | €323k | €353k | €199k | €560k | ▲ 182% |
| Income taxes67/77 | €36k | €97k | €99k | €65k | €149k | ▲ 129% |
| Profit (loss) for the period9904 | €54k | €226k | €253k | €134k | €411k | ▲ 207% |
| Profit (loss) for the period to be appropriated9905 | €54k | €226k | €253k | €134k | €411k | ▲ 207% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.71M | €3.11M | €3.29M | €3.22M | €2.82M | ▼ 12.5% |
| Fixed assets21/28 | €193k | €190k | €133k | €182k | €199k | ▲ 9.4% |
| Intangible fixed assets21 | €124k | €88k | €54k | €25k | €1k | ▼ 94.4% |
| Tangible fixed assets22/27 | €61k | €94k | €71k | €149k | €189k | ▲ 27.0% |
| Land and buildings22 | - | - | - | €10k | €8k | ▼ 21.2% |
| Plant, machinery and equipment23 | - | €33k | €21k | €20k | €38k | ▲ 88.7% |
| Furniture and vehicles24 | - | €56k | €45k | €59k | €70k | ▲ 18.5% |
| Other tangible fixed assets26 | - | €5k | €4k | €61k | €74k | ▲ 22.6% |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €2.51M | €2.92M | €3.15M | €3.04M | €2.62M | ▼ 13.8% |
| Stocks and contracts in progress3 | €200k | €330k | €223k | €258k | €114k | ▼ 55.9% |
| Stocks30/36 | - | €330k | €223k | €258k | €114k | ▼ 55.9% |
| Amounts receivable within one year40/41 | €1.68M | €2.04M | €2.44M | €2.29M | €2.17M | ▼ 5.5% |
| Trade receivables40 | - | €1.75M | €1.87M | €1.58M | €1.77M | ▲ 11.5% |
| Other amounts receivable41 | - | €298k | €577k | €707k | €400k | ▼ 43.5% |
| Cash at bank and in hand54/58 | €631k | €542k | €476k | €469k | €310k | ▼ 34.0% |
| Deferred charges and accrued income490/1 | - | €8k | €10k | €22k | €32k | ▲ 44.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.71M | €3.11M | €3.29M | €3.22M | €2.82M | ▼ 12.5% |
| Equity10/15 | €1.28M | €1.51M | €1.76M | €1.48M | €1.57M | ▲ 5.8% |
| Contributions10/11 | €142k | €142k | €142k | €142k | €142k | = |
| Capital10 | - | €142k | €142k | €142k | €142k | = |
| Issued capital100 | - | €142k | €142k | €142k | €142k | = |
| Reserves13 | €1.14M | €1.36M | €1.62M | €1.34M | €1.42M | ▲ 6.5% |
| Non-distributable reserves130/1 | - | €14k | €14k | €14k | €14k | = |
| Legal reserve130 | - | €14k | €14k | €14k | €14k | = |
| Distributable reserves133 | - | €1.35M | €1.60M | €1.32M | €1.41M | ▲ 6.5% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €147k | €40k | €47k | €50k | €50k | = |
| Provisions for liabilities and charges160/5 | - | €40k | €47k | €50k | €50k | = |
| Environmental obligations163 | - | - | - | - | €17k | - |
| Other liabilities and charges164/5 | - | €40k | €47k | €50k | €33k | ▼ 34.2% |
| Amounts payable17/49 | €1.28M | €1.57M | €1.48M | €1.69M | €1.20M | ▼ 28.9% |
| Amounts payable after more than one year17 | €176k | €92k | €7k | €0 | €5k | - |
| Financial debts170/4 | - | €92k | €7k | €0 | €5k | - |
| Amounts payable within one year42/48 | €1.10M | €1.48M | €1.47M | €1.69M | €1.20M | ▼ 29.2% |
| Current portion of amounts payable after more than one year42 | - | €84k | €114k | €72k | €169k | ▲ 134% |
| Trade debts44 | €518k | €971k | €951k | €823k | €506k | ▼ 38.5% |
| Suppliers440/4 | - | €971k | €951k | €823k | €506k | ▼ 38.5% |
| Taxes, remuneration and social security45 | - | €232k | €290k | €258k | €135k | ▼ 47.6% |
| Taxes450/3 | - | €67k | €115k | €78k | €50k | ▼ 36.5% |
| Remuneration and social security454/9 | - | €165k | €175k | €180k | €86k | ▼ 52.4% |
| Other amounts payable47/48 | - | €188k | €117k | €539k | €388k | ▼ 28.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54k | €226k | €253k | €134k | €411k | ▲ 207% |
| + Depreciation and write-downs630 | €60k | €73k | €77k | €79k | €83k | ▲ 6.1% |
| Operating cash flow (approximation) | €115k | €300k | €331k | €213k | €495k | ▲ 133% |
| Investment in fixed assets (approximation) | - | €-70k | €-21k | €-127k | €-100k | ▲ 21.0% |
| Change in cash | - | €-89k | €-66k | €-6k | €-160k | ▼ 2,416% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €54k ▼67.9%
Net result drops to €54k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €493k ▲163%
Operating result €752k, net result €493k, both a record.
31-12
Financial
Equity above €1MEq €1.06M ▲87.4%
2 profitable years in a row build equity to €1.06M.
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Mouscron · 1 establishment unit since 2001
Ground area
7,217 m²
Building footprint
3,087 m²
Parcel 54007B0667/00A000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Blauwfazantjesstraat 2, 7700 Mouscron
since 20012.094.519.812
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0667/00A000 | Wallonia | 7,216 m² | 1 · 3,087 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
5 categoriesAIR TECHNOLOGIES SA32504
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,666. 2,418 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33200Installation of industrial machinery and equipment
43429Specialised construction activities
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
Scores and ratios are computed by Checked and are not a credit decision.