Airco Radeco
A bankruptcy procedure is open for Airco Radeco according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €643k and a net result of €96k.
| Equity | €643k |
| Net result | €96k |
| Staff (FTE) | 20.5 |
| Better than sector | 39% |
Fragile profile, watch stability in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.7% | 30.3% | |
| Net result | €96k | €30k | |
| Equity | €643k | €134k | |
| Gross operating margin | €1.49M | €198k | |
| Staff costs | €1.26M | €197k |
| Fiscal year | 2022 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €212k |
| Net profit | €96k |
| Cash flow | €143k |
| Staff costs | €1.26M |
| Income taxes | €34k |
| Dividends | - |
| Total assets | €2.72M |
| Equity | €643k |
| Debt | €2.07M |
| of which ≤ 1y | €2.07M |
| of which > 1y | - |
| Working capital | €208k |
| Employees (FTE) | 20.5 |
| 2022 | |
|---|---|
| Current ratio | 1.10 |
| Quick ratio | 0.80 |
| Working capital ratio | 7.7% |
| Solvency | 23.7% |
| Debt / equity | 3.22 |
| Long-term debt ratio | - |
| Interest coverage | 5.64 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.6% |
| ROE | 15.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.72M |
| Fixed assets | 21/28 | €435k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €48k |
| Financial fixed assets | 28 | €384k |
| Current assets | 29/58 | €2.28M |
| Stocks & contracts in progress | 3 | €621k |
| Amounts receivable within one year | 40/41 | €1.26M |
| Cash & bank | 54/58 | €385k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.72M |
| Equity | 10/15 | €643k |
| Contributions / capital | 10/11 | €93k |
| Reserves | 13 | €550k |
| Amounts payable | 17/49 | €2.07M |
| Amounts payable within one year | 42/48 | €2.07M |
| Trade debts payable within one year | 44 | €1.15M |
| Income statement | ||
| Gross operating margin | 9900 | €1.49M |
| Operating result | 9901 | €166k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €38k |
| Result before taxes | 9903 | €130k |
| Income taxes | 67/77 | €34k |
| Net result for the period | 9904 | €96k |
| Result to be appropriated | 9905 | €96k |
-
Albrecht VAN den BOSCHDirectorState Gazette act 23318986 (02-03-2023)Current02-03-2023 → present
3 events
- 02-03-2023 Resigned· Director
- 02-03-2023 Appointed· Director
- 02-03-2023 Appointed· Managing director
Former directors (1)
-
PITTOORS FrancisDirectorState Gazette act 23318986 (02-03-2023)Former- → 02-03-2023
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DAVID ANNé FRANKRIJKLEI 5 BUS 0401,
2000 ANTWERPEN 1 |
25-02-2025 → present | Belgian State Gazette |
| NACE primary | Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit(43222) |
| Legal form | Public limited company(014) |
| Incorporation | 27-05-1986 |
| Status | Active |
| Postal code | 2150 |
| First BS signal | 05-03-2025 |
| Latest BS signal | 05-03-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0059/00A008 | Flanders | 2,942 m² | 1 · 69 m² | 4.2 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-07-2024 Articles of association amended, translation of the articles, coordination of the articles and full restatement of the articles
Technical details
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}02-03-2023 2 directors appointed, 2 resigning
- Albrecht VAN den BOSCH, Bestuurder
- Albrecht VAN den BOSCH, Gedelegeerd bestuurder
- Albrecht VAN den BOSCH, Bestuurder
- PITTOORS Francis, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Airco Radeco |
| AbbreviationNL | Radeco |