AIRAS
ActiveAIRAS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €572. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-54
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
short-term debt: 0.5% and cash: 99.9% of total assets, and 0.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-11-2025, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
51 d early
2023
6 d early
2022
50 d early
2021
26 d early
2020
53 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 3.5%
2024 · €16k
2019: €5k
2020: €7k
2021: €11k
2022: €10k
2023: €9k
2024: €16k
2019 → 2025
Total assets
€17k▲ 2.3%
2024 · €17k
2019: €6k
2020: €7k
2021: €12k
2022: €11k
2023: €13k
2024: €17k
2019 → 2025
Net result
€572▼ 92.4%
2024 · €8k
2019: €-6k
2020: €2k
2021: €4k
2022: €-636
2023: €-1k
2024: €8k
2019 → 2025
Working capital
€17k▲ 3.5%
2024 · €16k
2019: €5k
2020: €7k
2021: €11k
2022: €10k
2023: €9k
2024: €16k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€10k▼ 5.9%€9k▼ 13.1%€16k▲ 85.2%€17k▲ 3.5%
Operating result€4k-€-456€-1k▼ 155%€8k€753▼ 90.2%
Net result€4k-€-636€-1k▼ 111%€8k€572▼ 92.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €17k
Equity
€17k▲ 3.5%
Debt
€78▼ 71.5%
The debt ratio falls from 1.6% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
99.5%▲
2024 · 98.4%
Debt / equity
0.00▼
2024 · 0.02
ROE
3.4%▼
2024 · 46.0%
ROA
3.4%▼
2024 · 45.2%
Debt
€78▼
2024 · €274
Debt ≤ 1 year
€78▼
2024 · €274
A ratio outside any meaningful range has been withheld (balance sheet total €17k, equity €17k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17k€17k▲
Current assets29/58€17k€17k▲
Amounts receivable within one year40/41€1k-
Trade receivables40€1k-
Cash at bank and in hand54/58€15k€17k▲
Deferred charges and accrued income490/1€25€25▲
Equity and liabilities
Total equity and liabilities10/49€17k€17k▲
Equity10/15€16k€17k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-52k€-51k▲
Amounts payable17/49€274€78▼
Amounts payable within one year42/48€274€78▼
Trade debts44€157€68▼
Suppliers440/4€157€68▼
Other amounts payable47/48€117€11▼
Income statement
Code20242025
Other operating charges640/8€348€383▲
Gross operating margin9900€8k€1k▼
Operating profit (loss)9901€8k€753▼
Financial charges65/66B€177€182▲
Recurring financial charges65€177€182▲
Profit (loss) for the period before taxes9903€8k€572▼
Profit (loss) for the period9904€8k€572▼
Profit (loss) for the period to be appropriated9905€8k€572▼
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-51k▲
Profit (loss) brought forward from the previous period14P€-59k€-52k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 218.05
Current ratio from 60.78 to 218.05; short-term debt falls from €274 to €78.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
30-06
Financial
Liquidity times 20current ratio 60.78
Current ratio from 3.10 to 60.78; short-term debt falls from €4k to €274.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-02-2026
ADRIANSENS Bruno Hubert Christiaan: Resigned as Managing director
11-02-2026
KOLENBERG Laurent: Resigned as Director
11-02-2026
KOLENBERG Laurent: Resigned as Managing director
31-12-2020
Catherine LE CLERCQ: Resigned as Director
Location & real-estate footprint
Registered office, Waterloo · 2 establishment units since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Lilas 161410 WaterlooGround area
1,319 m²
Building footprint
264 m²
Volume, LiDAR
2,567 m³
2 parcels, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
AIRAS
since 20042.145.174.202
Chaussée de Bruxelles 343, 1410 Waterloo
since 20122.210.803.709
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0782/00B000 | Wallonia | 1,245 m² | 1 · 182 m² | 12.2 m · 3 fl. |
| 25762G0143/00_000 | Wallonia | 74 m² | 1 · 82 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,572 companies in sector 82300 we hold annual accounts for 1,671. 1,039 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-01-2005
Fiscal year end30-06
Activities, NACEBEL
74872
82300Organisation of conventions and trade shows
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
70200Business and other management consultancy
70220Business consulting
72220
72600
74142
74875
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.