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AIRE CONSTRUCT

Active
Private limited companyfounded 20232 yrs activeVictor Hugostraat 156, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1003.440.551
Summary

The computed 12-month bankruptcy probability of AIRE CONSTRUCT is 4.6% (elevated). The 2024 annual accounts show equity of €75,858 and a net result of €65,858. Its solvency ranks better than 50% of 36377 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100
Solvency72▼-28
Growth75
Track record82
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.88; short-term debt: 53.3% and cash: 47.7% of total assets), but 53.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
137 d late
2023
268 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 203 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

History

AIRE CONSTRUCT was incorporated on 15 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€75,858▲ 659%
2023 · €10,000
Total assets
€162,393▲ 1,524%
2023 · €10,000
Net result
€65,858
Working capital
€75,858
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€82,429
Net result€65,858
Equity€10,000-€75,858▲ 659%
Total assets€10,000-€162,393▲ 1,524%
Debt€86,536
Working capital€75,858
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2024: €82,429€82,429Net result 2024: €65,858€65,85820232024€0€25,000€50,000€75,000Operating result 2024: €82,429€82,400Net result 2024: €65,858€65,90020232024
2024 is the only fiscal year with figures: the operating result is €82,429.
Balance-sheet composition
Equity and liabilities €162,393
Equity €75,858
Debt €86,536
Debt finances 53.3% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.88
Debt to equity
1.14
ROE
86.8%
ROA
40.6%
Debt ≤ 1 year
€86,536
Income taxes
€16,501
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€10,000€162,393▲
Current assets29/58€10,000€162,393▲
Amounts receivable within one year40/41-€84,956
Trade receivables40-€79,393
Other amounts receivable41-€5,564
Cash at bank and in hand54/58€10,000€77,437▲
Equity and liabilities
Total equity and liabilities10/49€10,000€162,393▲
Equity10/15€10,000€75,858▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€65,858
Amounts payable17/49-€86,536
Amounts payable within one year42/48-€86,536
Trade debts44-€66,456
Suppliers440/4-€66,456
Taxes, remuneration and social security45-€16,501
Taxes450/3-€16,501
Other amounts payable47/48-€3,579
Income statement Code20232024
Other operating charges640/8-€212
Gross operating margin9900-€82,641
Operating profit (loss)9901-€82,429
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€70
Recurring financial charges65-€70
Profit (loss) for the period before taxes9903-€82,359
Income taxes67/77-€16,501
Profit (loss) for the period9904-€65,858
Profit (loss) for the period to be appropriated9905-€65,858
Appropriation of the result
Profit (loss) to be appropriated9906-€65,858

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8-€212-
Gross operating margin9900-€82,641-
Operating profit (loss)9901-€82,429-
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B-€70-
Recurring financial charges65-€70-
Profit (loss) for the period before taxes9903-€82,359-
Income taxes67/77-€16,501-
Profit (loss) for the period9904-€65,858-
Profit (loss) for the period to be appropriated9905-€65,858-
Line20232024Change
Assets
Total assets20/58€10,000€162,393▲ 1,524%
Current assets29/58€10,000€162,393▲ 1,524%
Amounts receivable within one year40/41-€84,956-
Trade receivables40-€79,393-
Other amounts receivable41-€5,564-
Cash at bank and in hand54/58€10,000€77,437▲ 674%
Equity and liabilities
Total equity and liabilities10/49€10,000€162,393▲ 1,524%
Equity10/15€10,000€75,858▲ 659%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€65,858-
Amounts payable17/49-€86,536-
Amounts payable within one year42/48-€86,536-
Trade debts44-€66,456-
Suppliers440/4-€66,456-
Taxes, remuneration and social security45-€16,501-
Taxes450/3-€16,501-
Other amounts payable47/48-€3,579-
Line20232024Change
Profit (loss) for the period9904-€65,858-
Operating cash flow (approximation)-€65,858-
Change in cash-€67,437-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
15-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 137 days late
25-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 268 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Schaarbeek · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
50 m²
Building footprint
50 m²
Volume, LiDAR
631 m³
Parcel 21905C0152/00P004, Brussels · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
AIRE CONSTRUCT
Victor Hugostraat 156, 1030 SchaarbeekManufacture of metal structures and parts of structures
since 20232.353.181.002
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21905C0152/00P004 Brussels 50 m² 1 · 50 m² 17.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,300 companies in sector 43350 we hold annual accounts for 2,360. 2,000 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
25110Manufacture of metal structures and parts of structures
43120Site preparation
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning

Scores and ratios are computed by Checked and are not a credit decision.