AIRCOSY

Active

Private limited companyfounded 20215 yrs activeGeitenbladstraat 1, 3600 Genk, BelgiumKBO/BCE: BE 0762.495.224

The computed 12-month bankruptcy probability of AIRCOSY is 2.7% (moderate). The 2024 annual accounts show equity of €99 and a net result of €25k. Equity is shrinking by ~39.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 10% of 36376 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

46 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency25▲+25

Growth58▲+26

Track record94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

0.2%

Return on assets

42.3%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36376 sector peers (2024).

NBB · sector comparison

Position among 36376 sector peers

Solvency

better than 10%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

41 d late

2022

76 d late

2021

29 d late

← before the deadline after the deadline →

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

€99

2023 · €-25k

2021: €3k 2022: €3k 2023: €-25k

2021 → 2024

Total assets

€59k▲ 43.8%

2023 · €41k

2021: €32k 2022: €30k 2023: €41k

2021 → 2024

Net result

€25k

2023 · €-28k

2021: €305 2022: €-485 2023: €-28k

2021 → 2024

Working capital

€-5k▲ 83.4%

2023 · €-28k

2021: €2k 2022: €110 2023: €-28k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€3k-€3k▼ 14.7%€-25k€99

Operating result€666-€86▼ 87.0%€-27k€30k

Net result€305-€-485€-28k▼ 5,640%€25k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €30k after a loss of €27k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €59k

92.1%

Fixed assets €5k▲ 57.5%

Current assets €55k▲ 42.7%

Equity and liabilities €59k

99.8%

Equity €99

Debt €59k

Debt finances 99.8% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€31k▲

2023 · €-26k

Cash flow

€27k▲

2023 · €-26k

Solvency

0.2%▲

2023 · -60.6%

Current ratio

0.92▲

2023 · 0.58

Quick ratio

0.78▲

2023 · 0.45

ROA

42.3%▲

2023 · -67.4%

Interest coverage

8.46▲

2023 · -61.33

Debt

€59k▼

2023 · €66k

Debt ≤ 1 year

€59k▼

2023 · €66k

Income taxes

€800▲

2023 · €134

Staff costs

€80k▲

2023 · €25k

Equity ratios withheld: equity of €99 is too small for a meaningful ratio.

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€41k€59k▲

Fixed assets21/28€3k€5k▲

Tangible fixed assets22/27€3k€5k▲

Plant, machinery and equipment23€2k€4k▲

Furniture and vehicles24€1k€486▼

Current assets29/58€38k€55k▲

Stocks and contracts in progress3€9k€9k=

Stocks30/36€9k€9k=

Amounts receivable within one year40/41€23k€43k▲

Trade receivables40€14k€43k▲

Other amounts receivable41€10k-

Cash at bank and in hand54/58€5k€2k▼

Deferred charges and accrued income490/1€1k€900▼

Equity and liabilities

Total equity and liabilities10/49€41k€59k▲

Equity10/15€-25k€99▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€-28k€-3k▲

Amounts payable17/49€66k€59k▼

Amounts payable within one year42/48€66k€59k▼

Trade debts44€43k€20k▼

Suppliers440/4€43k€20k▼

Taxes, remuneration and social security45€11k€13k▲

Taxes450/3€395€1k▲

Remuneration and social security454/9€10k€12k▲

Other amounts payable47/48€12k€26k▲

Accrued charges and deferred income492/3€263-

Income statement Code20232024

Non-recurring operating income76A€6k€3k▼

Remuneration, social security and pensions62€25k€80k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€1k€2k▲

Gross operating margin9900€108€114k▲

Operating profit (loss)9901€-27k€30k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€418€4k▲

Recurring financial charges65€418€4k▲

Profit (loss) for the period before taxes9903€-28k€26k▲

Income taxes67/77€134€800▲

Profit (loss) for the period9904€-28k€25k▲

Profit (loss) for the period to be appropriated9905€-28k€25k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-28k€-3k▲

Profit (loss) brought forward from the previous period14P€-180€-28k▼

The notes to these accounts (6 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

All 6Financial 2Filings 4

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 60 days late

2024

31-12

Financial Back to profitnet €25k

Net result €25k after 2 loss-making years.

10-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 41 days late

2023

31-12

Financial Weakest financial yearnet €-28k

Net result drops to €-28k, the lowest in the series; recovery starts the following year.

15-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 76 days late

2022

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 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, Genk · 1 establishment unit since 2021

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.

Geitenbladstraat 13600 Genk

Ground area

566 m²

Building footprint

99 m²

Volume, LiDAR

690 m³

Parcel 71308A0827/00K154, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

AIRCOSY

Geitenbladstraat 1, 3600 GenkRepair and maintenance of fabricated metal products

since 20212.313.018.547

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71308A0827/00K154	Flanders	566 m²	1 · 99 m²	9.8 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

2023 · 1 entry · 359 EUR awarded · 359 EUR paid

Year	Entries	awarded	paid
2023	1	359 EUR	359 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 359 EUR · 359 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 20 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-01-2021

Fiscal year end31-12

Activities, NACEBEL

43222Installation of electric heating, air conditioning, cooling and ventilation

33110Repair and maintenance of fabricated metal products

43221Plumbing work

46130Agents in the wholesale of timber and building materials

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:aircosy@hotmail.com

Establishment Genk 2.313.018.547

Phone:+32498573086

Establishment Genk 2.313.018.547