Equity
€1.6m ▲ 5.8%
AIR TECHNOLOGIES paid out €325,000 in dividends. That is 79% of the 2025 profit.
AIR TECHNOLOGIES
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2001peak €2.8m (2025)
€2.8m▲ 32.5%
lowest -€125,555 (2014)
€411,444▲ 207%
peak €1.8m (2023)
€1.6m▲ 5.8%
€1.2m▼ 28.9%
peak 31.9 FTE (2022)
31.7 FTE▲ 12.8%
Board3 names since 2001
1 directorKoen Dhaenens
Owners
listedAt Group
Documentsfilings and deeds
30-07-20261 day before the deadline
2025financial year
Gross margin from €2.1m to €2.8mResult from €134,104 to €411,444Staff from 28.1 FTE to 31.7 FTEDividend €325,000Debts from €1.7m to €1.2mCash from €469,365 to €309,587
Key points
from the 2025 annual accountsResult
€411,444 ▲ 207%
The result rose in 2025 from €134,104 to €411,444.
Turnover
≈ €7.8m estimated
The accounts state no turnover.
Staff
33 employees on 31-12-2025
In 2025, 14 people joined and 10 left.
Filings
24 annual accounts since 2001
The last five annual accounts were filed 1 to 149 days before the end of the period.
Position in the sector
€411,444
Higher net result than 82% of companies in specialised construction. Sector median €42,671 · 2,464 companies.
Checked score
95
Excellent
Financially stronger than 64% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Founded in 2001
Profit of €411,444 (financial year 2025)
Equity €1.6m (55.5% of total assets)
Figures for financial year 2025 (filed on 30-07-2026)
Calculation
The band follows from the bankruptcy probability. 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, small). It does better than 73% of them on solvency, 47% on liquidity, 86% on profitability and 51% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as AIR TECHNOLOGIES has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of AIR TECHNOLOGIES itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for AIR TECHNOLOGIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.19 (1.8 in 2024), above the usual 1.5. Short-term debt is 42.5% and cash 11% of total assets. 44.5% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 day early
2024
56 days early
2023
99 days early
2022
138 days early
2021
149 days early
2020
155 days early
2019
149 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 107 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 April (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Anne-Sophie Cambier (manager)
Director discharge: Anne-Sophie Cambier (manager) · Gazette deed
Resignation: Interduct Hoiding B.V. (director)
Permanent representative: Joyce Philips · Director discharge: Interduct Hoiding B.V. · Director discharge: Joyce Philips (permanent representative) · General meeting of 09-01-2023 · Gazette deed
1 director appointed, 3 reappointments
Reappointments: Anne-Sophie Cambier, Koen Dhaenens and Interduct Holding BV · Permanent representative: Joyce Philips · Appointment: Koen Dhaenens (managing director) · Gazette deed
First establishment
Blauwfazantjesstraat 2, Mouscron
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AIR TECHNOLOGIES Mouscron | €2.8m | €2.8m | 55.5% | 31.7 |
| CAUVIN GUY Ath | €3.0m | €2.5m | 51.0% | 30.9 |
| TM TECHNICS Houthalen-Helchteren | €3.0m | €2.9m | 41.7% | 32.4 |
| AIRCONSULT Bornem | €2.8m | €2.2m | 24.0% | 28.4 |
| CONFORTY Fernelmont | €3.5m | €2.9m | 72.2% | 32.7 |
| CLIMAWEST Zwevegem | €2.8m | €3.3m | 37.7% | 40.5 |
| AKF Ypres | €3.6m | €2.8m | 55.8% | 25.1 |
These companies have the same main activity as AIR TECHNOLOGIES: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €2.8m and €3.6m, founded between 1996 and 2003.
Official details
Source: KBO- Status
- Active since 08-02-2001Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 4 others
- Establishment unit
- 2.094.519.8127700 Mouscron, since 19-11-2001
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €2.8m▼ 12.5%
- Employeeson 31-12-2025
- 33▲ 13.8%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on AIR TECHNOLOGIES
AIR TECHNOLOGIES has existed since 2001. In 2010 the gross margin rose from €114,761 to €690,107 and staff from 2.3 to 11.8 full-time equivalents.
Solvency rose in 2025 from 45.9% to 55.5% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AIR TECHNOLOGIES
- What is the company number of AIR TECHNOLOGIES?
- The company number of AIR TECHNOLOGIES is 0474.033.357. The VAT number is the same number with BE in front: BE 0474.033.357.
- Where is AIR TECHNOLOGIES based?
- The registered office is at Blauwfazantjesstraat 2, 7700 Mouscron.Company details
- What does AIR TECHNOLOGIES do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of AIR TECHNOLOGIES?
- AIR TECHNOLOGIES is a public limited company (NV).
- When was AIR TECHNOLOGIES founded?
- AIR TECHNOLOGIES was founded on 08-02-2001.
- Is AIR TECHNOLOGIES still active?
- Yes, AIR TECHNOLOGIES is an active enterprise in the KBO register.
- How many employees does AIR TECHNOLOGIES have?
- AIR TECHNOLOGIES had an average of 31.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of AIR TECHNOLOGIES?
- The turnover in financial year 2025 is ≈ €7.8m. This figure is estimated from the gross margin of €2.8m and 30 comparable companies (NACE 432). It probably lies between €6.5m and €9.7m.
- Is AIR TECHNOLOGIES profitable?
- In financial year 2025, AIR TECHNOLOGIES made a profit of €411,444.
- Where can I find the annual accounts of AIR TECHNOLOGIES?
- AIR TECHNOLOGIES filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AIR TECHNOLOGIES due?
- AIR TECHNOLOGIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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