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AIRCOPLUS

Active
Public limited companyfounded 199828 years activeTragel 60, 9308 Aalst, BelgiumKBO/BCE: BE 0462.556.772
Summary

AIRCOPLUS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.9m and a net result of €4.4m. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 1,010 sector peers (NACE 41, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
#6 employer in Aalst, Construction sector1 site
Size
€22.4mturnover 2025
Staff
38.2 FTE
Equity
€5.9m
Profit
€4.4m
Financial health
89 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Parent
Jan De Nul · 100%
Board
1 member
Accounts 2 days early1 of 17 deeds read
Why 89- 1 change of registered office in 24 months+ Size: turnover €22.4m, 38.2 FTE, total assets €15.0m+ Founded in 1998+ Figures for FY 2025 (filed 29-07-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 41, small)
Financial strength · tick = 2024
Strong
Solvency 65+3
equity 39.6% of total assets
Liquidity 30+4
short-term debt 57.7% · cash 8.2%
Profitability 100+11
return on assets 29.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (909 companies)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.0%▼ -0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.3 percentage points vs 06-2025 08-2025: 1.7%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -1.4 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.3 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.58 in 2024; short-term debt: 57.7% and cash: 8.2% of total assets), but 60.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, small): better than 60% on solvency, 32% on liquidity, 99% on profitability and 60% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Size: turnover €22.4m, 38.2 FTE, total assets €15.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1998
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for FY 2025 (filed 29-07-2026)
NBB · annual accounts
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
26 days late
2023
20 days late
2022
31 days late
2021
78 days late
2020
61 days late
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Permanent representatives: DE NUL Jan Pieter…Resignations: JDN (class A director)…
  3. Highest result since 2018net €4.4m ▲67.7%

Key points

  • Caution: Board changedlatest change 21-04-2026 · 1 in office 2 joined · 1 left View
  • Positive: Among the best 5% on net resultsector median €34,656 · 1,012 companies €4.4m View
  • Positive: Result rose in 2025from €2.6m to €4.4m ▲ 67.7% View
  • Positive: 8 profitable years in a rowprofit 2025: €4.4m 8 years View
  • Controlled by Jan De Nul 100% View

By topic

Financials

Fiscal year
2025
Turnover
€22.4m
Profit
€4.4m
Solvency
39.6%
Turnover▲ 5.7%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 26-08-2025Annual accounts filed
  2. 31-12-2024Equity above €5m
  3. 20-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
30-01-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Annual meeting
Third Tuesday of June at 11:00
Purpose
De studie en de verwezenlijking van airconditioning, koeltechnieken, verwarming, leidingen…
Go to Articles of association

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