AIRG
ActiveAIRG has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €62k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 4.87 against 3.92 in 2024; short-term debt: 14.9% and cash: 70.9% of total assets), and 15.6% 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 risk○neutral
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
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
84.4%
Return on assets
24.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
30 d early
2022
10 d late
2021
34 d early
2020
31 d late
2019
32 d early
← 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€62k▲ 9.5%
2024 · €56k
2018: €4k
2019: €15k
2020: €13k
2021: €36k
2022: €4k
2023: €9k
2024: €56k
2018 → 2025
Working capital
€143k▲ 28.7%
2024 · €111k
2018: €15k
2019: €29k
2020: €43k
2021: €77k
2022: €51k
2023: €62k
2024: €111k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€83k▲ 4.7%€93k▲ 11.4%€148k▲ 59.9%€210k▲ 41.6%
Operating result€61k-€10k▼ 83.8%€18k▲ 85.1%€87k▲ 373%€76k▼ 12.0%
Net result€36k-€4k▼ 89.7%€9k▲ 155%€56k▲ 495%€62k▲ 9.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €248k
Fixed assets
€69k▲ 84.8%
Current assets
€180k▲ 20.6%
Equity and liabilities €248k
Equity
€210k▲ 41.6%
Debt
€39k▲ 1.7%
The debt ratio falls from 20.4% to 15.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▼
2024 · €92k
Cash flow
€66k▲
2024 · €61k
Solvency
84.4%▲
2024 · 79.6%
Current ratio
4.87▲
2024 · 3.92
Quick ratio
4.87▲
2024 · 3.92
Debt / equity
0.18▼
2024 · 0.26
ROE
29.4%▼
2024 · 38.0%
ROA
24.8%▼
2024 · 30.2%
Interest coverage
268.84▲
2024 · 119.33
Debt
€39k▲
2024 · €38k
Debt ≤ 1 year
€37k▼
2024 · €38k
Income taxes
€27k▼
2024 · €30k
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€186k€248k▲
Fixed assets21/28€37k€69k▲
Tangible fixed assets22/27€7k€69k▲
Furniture and vehicles24€7k€69k▲
Financial fixed assets28€30k€0▼
Current assets29/58€149k€180k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40-€2k
Other amounts receivable41€2k€300▼
Cash at bank and in hand54/58€146k€176k▲
Deferred charges and accrued income490/1€686€859▲
Equity and liabilities
Total equity and liabilities10/49€186k€248k▲
Equity10/15€148k€210k▲
Contributions10/11€7k€7k=
Reserves13€135k€197k▲
Distributable reserves133€135k€197k▲
Profit (loss) carried forward14€6k€6k▲
Amounts payable17/49€38k€39k▲
Amounts payable within one year42/48€38k€37k▼
Trade debts44€22k€9k▼
Suppliers440/4€22k€9k▼
Taxes, remuneration and social security45€11k€27k▲
Taxes450/3€11k€27k▲
Other amounts payable47/48€5k€762▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€93k€83k▼
Operating profit (loss)9901€87k€76k▼
Financial income75/76B€0€12k▲
Recurring financial income75€0€12k▲
Non-recurring financial income76B-€12k
Financial charges65/66B€768€300▼
Recurring financial charges65€768€300▼
Profit (loss) for the period before taxes9903€86k€88k▲
Income taxes67/77€30k€27k▼
Profit (loss) for the period9904€56k€62k▲
Profit (loss) for the period to be appropriated9905€56k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€68k▲
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer to equity691/2€55k€62k▲
To other reserves6921€55k€62k▲
Profit to be distributed694/7€830€0▼
Return on contributions (dividend)694€830€0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €62k ▲9.5%
Net result €62k, the highest in the series.
31-12
Financial
Equity above €200kEq €210k ▲41.6%
8 profitable years in a row build equity to €210k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €148k ▲59.9%
7 profitable years in a row build equity to €148k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 3.20
Current ratio from 1.27 to 3.20; short-term debt falls from €187k to €28k.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Herve · 1 establishment unit since 2009
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 Roosevelt 20-224650 HerveGround area
85 m²
Building footprint
75 m²
Volume, LiDAR
750 m³
Parcel 63035A0334/00F000, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AIRG
since 20092.176.246.963
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0334/00F000 | Wallonia | 85 m² | 1 · 75 m² | 12.5 m · 3 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.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,787 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2008
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
46349Wholesale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.