AirSmart
ActiveAirSmart has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221k and a net result of €3k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 1985 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
69
/ 100
Healthy▲ +29 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+6
Solvency37▲+6
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.42 in 2024), but 86.2% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
13.8%
Return on assets
0.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1985 sector peers (2025).
NBB · sector comparisonPosition among 1985 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
92 d early
2022
59 d early
2021
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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€221k▲ 1.2%
2024 · €218k
2021: €164k
2022: €195k
2023: €267k
2024: €218k
2021 → 2025
Total assets
€1.60M▲ 10.5%
2024 · €1.44M
2021: €1.09M
2022: €1.47M
2023: €1.85M
2024: €1.44M
2021 → 2025
Net result
€3k
2024 · €-49k
2021: €5k
2022: €31k
2023: €72k
2024: €-49k
2021 → 2025
Working capital
€389k▲ 58.2%
2024 · €246k
2021: €207k
2022: €62k
2023: €488k
2024: €246k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€195k▲ 18.9%€267k▲ 36.9%€218k▼ 18.4%€221k▲ 1.2%
Operating result€10k-€47k▲ 366%€87k▲ 85.1%€-34k€18k
Net result€5k-€31k▲ 549%€72k▲ 133%€-49k€3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€677k▲ 9.8%
Current assets
€918k▲ 11.0%
Equity and liabilities €1.60M
Equity
€221k▲ 1.2%
Debt
€1.37M▲ 12.2%
The debt ratio rises from 84.9% to 86.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€224k▲
2024 · €138k
Cash flow
€209k▲
2024 · €122k
Solvency
13.8%▼
2024 · 15.1%
Current ratio
1.73▲
2024 · 1.42
Quick ratio
0.64▲
2024 · 0.61
Debt / equity
6.22▲
2024 · 5.62
ROE
1.2%▲
2024 · -22.6%
ROA
0.2%▲
2024 · -3.4%
Interest coverage
15.13▲
2024 · 10.19
Debt
€1.37M▲
2024 · €1.23M
Debt ≤ 1 year
€529k▼
2024 · €581k
Debt > 1 year
€846k▲
2024 · €645k
Income taxes
€478▼
2024 · €2k
Staff costs
€110k▼
2024 · €138k
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€1.44M€1.60M▲
Fixed assets21/28€617k€677k▲
Intangible fixed assets21€503k€482k▼
Tangible fixed assets22/27€113k€194k▲
Plant, machinery and equipment23€9k€190k▲
Furniture and vehicles24€1k€4k▲
Assets under construction and advance payments27€103k€0▼
Financial fixed assets28€1k€1k=
Current assets29/58€827k€918k▲
Stocks and contracts in progress3€472k€581k▲
Stocks30/36€472k€581k▲
Amounts receivable within one year40/41€309k€300k▼
Trade receivables40€308k€300k▼
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€46k€30k▼
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.60M▲
Equity10/15€218k€221k▲
Contributions10/11€160k€160k=
Reserves13€59k€61k▲
Distributable reserves133€59k€61k▲
Amounts payable17/49€1.23M€1.37M▲
Amounts payable after more than one year17€645k€846k▲
Financial debts170/4€645k€846k▲
Amounts payable within one year42/48€581k€529k▼
Current portion of amounts payable after more than one year42€97k€88k▼
Financial debts43€40k€0▼
Credit institutions430/8€40k€0▼
Trade debts44€328k€416k▲
Suppliers440/4€328k€416k▲
Taxes, remuneration and social security45€16k€25k▲
Taxes450/3€16k€25k▲
Other amounts payable47/48€100k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€138k€110k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171k€207k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€279k€336k▲
Operating profit (loss)9901€-34k€18k▲
Financial income75/76B€294€115▼
Recurring financial income75€294€115▼
Financial charges65/66B€14k€15k▲
Recurring financial charges65€14k€15k▲
Profit (loss) for the period before taxes9903€-47k€3k▲
Income taxes67/77€2k€478▼
Profit (loss) for the period9904€-49k€3k▲
Profit (loss) for the period to be appropriated9905€-49k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€3k▲
Transfer from equity791/2€49k-
Transfer to equity691/2-€3k
To other reserves6921-€3k
Social balance
Average headcount (FTE)9087-2.8
The notes to these accounts (21 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
10-09
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-08-25
- Registered-office move, Slachthuislaan 5, 2060 Antwerpen
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-49k ▼168%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €72k ▲133%
Operating result €87k, net result €72k, both a record.
31-12
Financial
Equity above €200kEq €267k ▲36.9%
3 profitable years in a row build equity to €267k.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
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.
Slachthuislaan 52060 AntwerpenGround area
3,155 m²
Building footprint
2,850 m²
Volume, LiDAR
17,359 m³
Parcel 11807G0367/00P007, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AirSmart
since 20202.306.297.635
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0367/00P007 | Flanders | 3,155 m² | 1 · 2,850 m² | 13.3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 7 entries · 40,561 EUR awarded · 40,530 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 6,375 EUR | 18,875 EUR |
| 2024 | 1 | 0 EUR | 155 EUR |
| 2023 | 3 | 34,186 EUR | 21,500 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
CLIMA CONSTRUCT
BE 0432.775.891
Wommelgem · Eq €221k
SEMPHIL Belgium
BE 0470.557.094
Liège · Eq €222k
DRYFAST
BE 0455.722.727
Pelt · Eq €241k
DECATECH-D
BE 0453.888.338
Overijse · Eq €202k
DOHMEYER SCIENTIFIC APPLICATIONS
BE 0819.625.155
Roeselare · Eq €251k
Of 144 companies in sector 46647 we hold annual accounts for 91. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2020
Fiscal year end31-12
Activities, NACEBEL
46647Wholesale trade
71121Engineering and related technical consultancy, excluding land surveyors
28250Manufacture of machinery and equipment not elsewhere classified
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.