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Airelle

Active
Private limited companyfounded 20188 yrs activeRue du Château de Ruyff 10, 4841 Welkenraedt, BelgiumKBO/BCE: BE 0689.752.647

Airelle has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.65M and a net result of €64k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 2262 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-1
Solvency60▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.46 in 2024; short-term debt: 42.9% and cash: 5.1% of total assets), and 64.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
35.3%
Return on assets
1.4%
Age of the figures
9 mo
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 · 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
elevated failure risk from 2 to 8 years 8 years 0 10 y
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 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
18 d early
2024
161 d early
2023
29 d late
2022
39 d early
2021
34 d early
2020
44 d early
2019
31 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€64k▼ 8.0%
2024 · €69k
2018: €10k 2019: €2.94M 2020: €784k 2021: €91k 2022: €388k 2023: €199k 2024: €69k
2018 → 2025
Working capital
€-1.73M▼ 15.1%
2024 · €-1.50M
2018: €-1.48M 2019: €2.97M 2020: €2.38M 2021: €1.48M 2022: €1.15M 2023: €868k 2024: €-1.50M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€3.84M-€3.83M▼ 0.3%€4.02M▲ 4.9%€1.59M▼ 60.4%€1.65M▲ 4.0%
Operating result€57k-€349k▲ 514%€280k▼ 20.0%€101k▼ 64.0%€129k▲ 27.6%
Net result€91k-€388k▲ 327%€199k▼ 48.7%€69k▼ 65.2%€64k▼ 8.0%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2021: €57k€57kNet result 2021: €91k€91kOperating result 2022: €349k€349kNet result 2022: €388k€388kOperating result 2023: €280k€280kNet result 2023: €199k€199kOperating result 2024: €101k€101kNet result 2024: €69k€69kOperating result 2025: €129k€129kNet result 2025: €64k€64k20212022202320242025
The operating result recovers in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.68M
Fixed assets €4.40M▲ 2.1%
Current assets €282k▼ 77.9%
Equity and liabilities €4.68M
Equity €1.65M▲ 4.0%
Debt €3.03M▼ 24.2%
The debt ratio falls from 71.5% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€218k
2024 · €189k
Cash flow
€153k
2024 · €158k
Solvency
35.3%
2024 · 28.5%
Current ratio
0.14
2024 · 0.46
Quick ratio
0.14
2024 · 0.46
Debt / equity
1.83
2024 · 2.51
ROE
3.9%
2024 · 4.4%
ROA
1.4%
2024 · 1.2%
Interest coverage
3.65
2024 · 3.78
Debt
€3.03M
2024 · €4.00M
Debt ≤ 1 year
€2.01M
2024 · €2.78M
Debt > 1 year
€1.01M
2024 · €1.21M
Income taxes
€28k
2024 · €27k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€5.59M€4.68M
Fixed assets21/28€4.31M€4.40M
Tangible fixed assets22/27€1.73M€1.64M
Land and buildings22€1.61M€1.55M
Plant, machinery and equipment23€104k€89k
Furniture and vehicles24€16k€9k
Financial fixed assets28€2.58M€2.76M
Current assets29/58€1.27M€282k
Amounts receivable after more than one year29€60k€0
Other amounts receivable291€60k€0
Amounts receivable within one year40/41€87k€37k
Trade receivables40€32k€27k
Other amounts receivable41€55k€10k
Cash at bank and in hand54/58€1.12M€239k
Deferred charges and accrued income490/1€2k€5k
Equity and liabilities
Total equity and liabilities10/49€5.59M€4.68M
Equity10/15€1.59M€1.65M
Contributions10/11€20k€20k=
Reserves13€350k€413k
Distributable reserves133€350k€413k
Profit (loss) carried forward14€1.22M€1.22M
Amounts payable17/49€4.00M€3.03M
Amounts payable after more than one year17€1.21M€1.01M
Financial debts170/4€1.21M€1.01M
Amounts payable within one year42/48€2.78M€2.01M
Current portion of amounts payable after more than one year42€199k€200k
Trade debts44€796€4k
Suppliers440/4€796€4k
Taxes, remuneration and social security45€18k€34k
Taxes450/3€15k€31k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€2.56M€1.77M
Accrued charges and deferred income492/3€12k€12k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€89k
Other operating charges640/8€27k€16k
Non-recurring operating charges66A€3k€0
Gross operating margin9900€220k€234k
Operating profit (loss)9901€101k€129k
Financial income75/76B€45k€22k
Recurring financial income75€45k€22k
Financial charges65/66B€50k€60k
Recurring financial charges65€50k€60k
Profit (loss) for the period before taxes9903€96k€91k
Income taxes67/77€27k€28k
Profit (loss) for the period9904€69k€64k
Profit (loss) for the period to be appropriated9905€69k€64k
Appropriation of the result
Profit (loss) to be appropriated9906€1.29M€1.28M
Profit (loss) brought forward from the previous period14P€1.22M€1.22M=
Transfer from equity791/2€2.50M€0
Transfer to equity691/2€69k€63k
To other reserves6921€69k€63k
Profit to be distributed694/7€2.50M€0
Return on contributions (dividend)694€2.50M€0
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (19 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
17-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial Highest result since 2018net €2.94M ▲28563%
Net result €2.94M, the highest in the series.
31-12
Financial Liquidity times 341current ratio 12.37
Current ratio from 0.04 to 12.37; short-term debt falls from €1.53M to €261k.
31-12
Financial Equity above €2MEq €2.97M ▲9713%
2 profitable years in a row build equity to €2.97M.
22-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are 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, Welkenraedt · 1 establishment unit since 2018
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.

Rue du Château de Ruyff 104841 Welkenraedt
Ground area
1,106 m²
Building footprint
123 m²
Volume, LiDAR
766 m³
Parcel 63032C0062/00B003, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Château de Ruyff 10, 4841 Welkenraedt
Renting and operating of own or leased non-residential real estate, excluding land
since 20182.274.575.863
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63032C0062/00B003 Wallonia 1,105 m² 1 · 123 m² 8.2 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900PDCCSUW9H74I77
live in the LEI register

Similar companies · same sector, comparable size

Of 24,501 companies in sector 82990 we hold annual accounts for 9,398. 3,582 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-2018
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.