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AIRCO

Active
Private limited companyfounded 200620 yrs activeKruisstraat 69, 3730 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0880.887.682

AIRCO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116k and a net result of €36k. Equity is growing by ~148.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 8967 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-5
Solvency93▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 4.12 against 3.36 in 2023; short-term debt: 19.1% and cash: 65.7% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
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
elevated failure risk from 2 to 8 years 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
34 d early
2022
27 d early
2021
17 d early
2020
26 d early
2019
9 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€116k▲ 44.8%
2023 · €80k
2018: €285 2019: €2k 2020: €5k 2021: €11k 2022: €27k 2023: €80k
2018 → 2024
Total assets
€171k▲ 22.7%
2023 · €140k
2018: €46k 2019: €32k 2020: €21k 2021: €24k 2022: €51k 2023: €140k
2018 → 2024
Net result
€36k▼ 32.2%
2023 · €53k
2018: €-24k 2019: €2k 2020: €3k 2021: €6k 2022: €16k 2023: €53k
2018 → 2024
Working capital
€102k▲ 53.5%
2023 · €67k
2018: €6k 2019: €837 2020: €10k 2021: €11k 2022: €24k 2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€5k-€11k▲ 140%€27k▲ 149%€80k▲ 195%€116k▲ 44.8%
Operating result€3k-€7k▲ 129%€18k▲ 184%€63k▲ 243%€54k▼ 14.7%
Net result€3k-€6k▲ 146%€16k▲ 155%€53k▲ 226%€36k▼ 32.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €3k€3kNet result 2020: €3k€3kOperating result 2021: €7k€7kNet result 2021: €6k€6kOperating result 2022: €18k€18kNet result 2022: €16k€16kOperating result 2023: €63k€63kNet result 2023: €53k€53kOperating result 2024: €54k€54kNet result 2024: €36k€36k20202021202220232024
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171k
Fixed assets €36k▼ 18.9%
Current assets €135k▲ 42.3%
Equity and liabilities €171k
Equity €116k▲ 44.8%
Debt €55k▼ 7.0%
The debt ratio falls from 42.7% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€64k
2023 · €70k
Cash flow
€46k
2023 · €59k
Solvency
67.6%
2023 · 57.3%
Current ratio
4.12
2023 · 3.36
Quick ratio
4.12
2023 · 3.36
Debt / equity
0.48
2023 · 0.75
ROE
31.0%
2023 · 66.1%
ROA
20.9%
2023 · 37.9%
Interest coverage
57.55
2023 · 79.61
Debt
€55k
2023 · €60k
Debt ≤ 1 year
€33k
2023 · €28k
Debt > 1 year
€23k
2023 · €31k
Income taxes
€19k
2023 · €10k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€140k€171k
Fixed assets21/28€45k€36k
Tangible fixed assets22/27€45k€36k
Furniture and vehicles24€45k€36k
Current assets29/58€95k€135k
Amounts receivable within one year40/41€22k€22k
Trade receivables40€22k€22k
Current investments50/53€50k€0
Cash at bank and in hand54/58€21k€113k
Deferred charges and accrued income490/1€2k€682
Equity and liabilities
Total equity and liabilities10/49€140k€171k
Equity10/15€80k€116k
Contributions10/11€12k€12k=
Reserves13€68k€103k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€2k€2k=
Distributable reserves133€65k€101k
Amounts payable17/49€60k€55k
Amounts payable after more than one year17€31k€23k
Financial debts170/4€31k€23k
Amounts payable within one year42/48€28k€33k
Current portion of amounts payable after more than one year42€8k€9k
Trade debts44€5k€3k
Suppliers440/4€5k€3k
Taxes, remuneration and social security45€12k€19k
Taxes450/3€12k€19k
Other amounts payable47/48€2k€1k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k
Other operating charges640/8€920€3k
Gross operating margin9900€71k€67k
Operating profit (loss)9901€63k€54k
Financial income75/76B€26€1k
Recurring financial income75€26€1k
Financial charges65/66B€875€1k
Recurring financial charges65€875€1k
Profit (loss) for the period before taxes9903€63k€54k
Income taxes67/77€10k€19k
Profit (loss) for the period9904€53k€36k
Profit (loss) for the period to be appropriated9905€53k€36k
Appropriation of the result
Profit (loss) to be appropriated9906€53k€36k
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€53k€36k
To other reserves6921€53k€36k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100kEq €116k ▲44.8%
6 profitable years in a row build equity to €116k.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €53k ▲226%
Operating result €63k, net result €53k, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
28-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 212 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Bilzen-Hoeselt · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Kruisstraat 693730 Bilzen-Hoeselt
Ground area
1,947 m²
Building footprint
145 m²
Volume, LiDAR
1,012 m³
Parcel 73032E0455/00F000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AIRCO
Kruisstraat 69, 3730 Bilzen-HoeseltNACE 9272402
since 20062.153.798.490
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73032E0455/00F000 Flanders 1,947 m² 1 · 144 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 167 EUR awarded · 167 EUR paid
Year Entries awardedpaid
2025 1 167 EUR167 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 167 EUR · 167 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 2,716 companies in sector 73200 we hold annual accounts for 1,785. 1,331 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-04-2006
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.