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AIRFLEX

Active
Private limited company (pre-2019)· 11 yrs active
Open bankruptcy
KBO/BCE: BE 0634.662.684
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age11 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for AIRFLEX according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-91k) and a net result of €-25k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

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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.

Insolvency timeline

1 events
08-11-2024
Bankruptcy Opening
Date: 31-10-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AIRFLEX BVBA STATIE- STRAAT 3, 2600 BERCHEM (ANTWERPEN) · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

1 signal
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-25k+68.9%
Working capital€-91k-21.7%
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 18-07-2022 with the NBB · fiscal year 2021 · micro
€-80k€-60k€-40k€-20k€0Operating result 2019: €-38k€-38kNet result 2019: €-67k€-67kOperating result 2020: €-13k€-13kNet result 2020: €-80k€-80kOperating result 2021: €-24k€-24kNet result 2021: €-25k€-25k201920202021
Operating resultNet result
EBITDA
€-9k
+72.3% 19-21
Net profit
€-25k
+68.9% 19-21
Cash flow
€-76k
-25.0% 19-21
Total assets
€2k
-94.7% 19-21
Equity
€-91k
-37.4% 19-21
Working capital
€-91k
-21.7% 19-21
Employees (FTE)
1
- 19-21
Staff costs
€2k
- 19-21
Income taxes
€2
- 19-21
Debt
€93k
-7.8% 19-21
Debt ≤ 1y
€93k
-7.8% 19-21
Current ratio
0.02
-92.7% 19-21
Quick ratio
0.02
+58.5% 19-21
Solvency
-4998.5%
-2496.6% 19-21
Debt / equity
-1.02
- 19-21
ROE
27.2%
-77.3% 19-21
ROA
-1360.0%
-488.5% 19-21
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA-
Net profit€-25k
Cash flow-
Staff costs€2k
Income taxes-
Dividends-
Total assets€2k
Equity€-91k
Debt€93k
of which ≤ 1y€93k
of which > 1y-
Working capital€-91k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.02
Quick ratio0.02
Working capital ratio-5003.4%
Solvency-4998.5%
Debt / equity-1.02
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-1360.0%
ROE27.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€2k
Fixed assets 21/28€90
Financial fixed assets 28€90
Current assets 29/58€2k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€685
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2k
Equity 10/15€-91k
Contributions / capital 10/11€13k
Reserves 13€100
Accumulated profits (losses) 14€-104k
Amounts payable 17/49€93k
Amounts payable within one year 42/48€93k
Trade debts payable within one year 44€23k
Income statement
Gross operating margin 9900€-21k
Operating result 9901€-24k
Financial income 75€376
Financial charges 65€1k
Result before taxes 9903€-25k
Net result for the period 9904€-25k
Result to be appropriated 9905€-25k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

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No directors on record yet

Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator VALèRE VEREECKE
COCKERILLKAAI 18, 2000 ANTWERPEN 1
31-10-2024 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation28-07-2015
StatusActive
Postal code-
First BS signal 08-11-2024
Latest BS signal 08-11-2024

Structure & network

Company structure: linked entities

1 linked entity
AIRFLEXBE 0634.662.684VALèRE VEREECKEReceiver ↔ 94Carrosserie Autos…EXIRTekTik
Mandates
1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
MOBYSIT WAVRE
Avenue des Princes 30-32, 1300 WavreVervaardiging van matrassen
since 20172.265.414.808
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area6,708 m²
Buildings2
Building footprint4,159 m²
Volume (LiDAR)1,097 m³
Tallest building12.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25772G0140/00P000 Wallonia 6,544 m² 1 · 3,995 m² -
11003B0051/00Z015 Flanders 164 m² 1 · 164 m² 12.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
08-11-2024
Bankruptcy Opening
Date: 31-10-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AIRFLEX BVBA STATIE- STRAAT 3, 2600 BERCHEM (ANTWERPEN) · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-11-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
Capital history · 1
05-01-2023
Capital change
All acts · 1 updated 3 years ago
2023
05-01-2023 Transaction in capital or shares Capital & shares

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency33Growth58Stability0
38 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 33
Growth 58
Stability 0

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR AIRFLEX
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.