AIRSPEED
ActiveSummary
AIRSPEED has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€61,978) and a net result of -€23,791. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1660 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.25 in 2024; short-term debt: 526.2% and cash: 31.2% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-426.2%
Return on assets
-163.6%
Age of the figures
12 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€61,978
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
1 d early
2023
50 d early
2022
75 d early
2021
46 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€61,978▼ 62.3%
2024 · -€38,186
Total assets
€14,543▲ 16.3%
2024 · €12,502
Net result
-€23,791▼ 1,034%
2024 · -€2,099
Working capital
-€61,978▼ 62.3%
2024 · -€38,186
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
Line20212022202320242025
Operating result€9,437▲ 369%€4,439▼ 53.0%-€33,025-€1,936▲ 94.1%-€21,960▼ 1,035%
Net result€9,510▲ 414%€4,025▼ 57.7%-€33,297-€2,099▲ 93.7%-€23,791▼ 1,034%
Equity-€6,815▲ 58.3%-€2,790▲ 59.1%-€36,088▼ 1,193%-€38,186▼ 5.8%-€61,978▼ 62.3%
Total assets€87,360▼ 8.0%€108,546▲ 24.3%€15,367▼ 85.8%€12,502▼ 18.6%€14,543▲ 16.3%
Debt€94,176▼ 15.4%€111,336▲ 18.2%€51,455▼ 53.8%€50,689▼ 1.5%€76,521▲ 51.0%
Working capital€9,185-€14,443-€36,088▼ 150%-€38,186▼ 5.8%-€61,978▼ 62.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,960 in 2025 against €1,936 in 2024; the loss grows.
Key figures and ratios
Solvency
-426.2%▼
2024 · -305.4%
Current ratio
0.19▼
2024 · 0.25
Debt to equity
-1.23▲
2024 · -1.33
ROA
-163.6%▼
2024 · -16.8%
Debt ≤ 1 year
€76,521▲
2024 · €50,689
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,000 | €12,000 | €12,000 | - | - | - |
| Other operating charges640/8 | - | €170 | €62 | €279 | €1,816 | ▲ 550% |
| Gross operating margin9900 | €21,571 | €16,609 | -€20,963 | -€1,656 | -€20,144 | ▼ 1,116% |
| Operating profit (loss)9901 | €9,437 | €4,439 | -€33,025 | -€1,936 | -€21,960 | ▼ 1,035% |
| Financial income75/76B | - | €3 | - | - | - | - |
| Recurring financial income75 | €296 | €3 | - | - | - | - |
| Financial charges65/66B | - | €417 | €272 | €163 | €1,831 | ▲ 1,022% |
| Recurring financial charges65 | €224 | €417 | €272 | €163 | €231 | ▲ 41.7% |
| Non-recurring financial charges66B | - | - | - | - | €1,600 | - |
| Profit (loss) for the period before taxes9903 | €9,510 | €4,025 | -€33,297 | -€2,099 | -€23,791 | ▼ 1,034% |
| Profit (loss) for the period9904 | €9,510 | €4,025 | -€33,297 | -€2,099 | -€23,791 | ▼ 1,034% |
| Profit (loss) for the period to be appropriated9905 | €9,510 | €4,025 | -€33,297 | -€2,099 | -€23,791 | ▼ 1,034% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,360 | €108,546 | €15,367 | €12,502 | €14,543 | ▲ 16.3% |
| Fixed assets21/28 | €24,000 | €12,000 | €0 | - | - | - |
| Tangible fixed assets22/27 | €24,000 | €12,000 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | €0 | - | - | - |
| Furniture and vehicles24 | - | €12,000 | €0 | - | - | - |
| Current assets29/58 | €63,360 | €96,546 | €15,367 | €12,502 | €14,543 | ▲ 16.3% |
| Amounts receivable within one year40/41 | €61,714 | €96,399 | €12,725 | €11,600 | €10,000 | ▼ 13.8% |
| Trade receivables40 | - | €96,399 | €12,725 | €11,600 | €10,000 | ▼ 13.8% |
| Cash at bank and in hand54/58 | €1,647 | €147 | €2,642 | €902 | €4,543 | ▲ 404% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,360 | €108,546 | €15,367 | €12,502 | €14,543 | ▲ 16.3% |
| Equity10/15 | -€6,815 | -€2,790 | -€36,088 | -€38,186 | -€61,978 | ▼ 62.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€27,275 | -€23,250 | -€56,548 | -€58,646 | -€82,438 | ▼ 40.6% |
| Amounts payable17/49 | €94,176 | €111,336 | €51,455 | €50,689 | €76,521 | ▲ 51.0% |
| Amounts payable after more than one year17 | €40,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | €54,176 | €110,989 | €51,455 | €50,689 | €76,521 | ▲ 51.0% |
| Trade debts44 | €6,395 | €7,112 | €9,705 | €2,490 | €4,929 | ▲ 98.0% |
| Suppliers440/4 | - | €7,112 | €9,705 | €2,490 | €4,929 | ▲ 98.0% |
| Advances received on contracts in progress46 | - | €19,000 | - | - | - | - |
| Other amounts payable47/48 | - | €84,877 | €41,750 | €48,199 | €71,592 | ▲ 48.5% |
| Accrued charges and deferred income492/3 | - | €348 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,510 | €4,025 | -€33,297 | -€2,099 | -€23,791 | ▼ 1,034% |
| + Depreciation and write-downs630 | €12,000 | €12,000 | €12,000 | - | - | - |
| Operating cash flow (approximation) | €21,510 | €16,025 | -€21,297 | -€2,099 | -€23,791 | ▼ 1,034% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€1,500 | €2,495 | -€1,740 | €3,641 | ▲ 309% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€33,297
Net result drops to -€33,297, the lowest in the series; recovery starts the following year.
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €9,510 ▲414%
Operating result €9,437, net result €9,510, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €1,851
Net result €1,851 after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Heusden-Zolder · 1 establishment unit since 2012
Ground area
4,915 m²
Building footprint
1,385 m²
Volume, LiDAR
11,465 m³
Parcel 71502C0656/00E000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Airspeed
since 20122.206.738.023
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502C0656/00E000 | Flanders | 4,915 m² | 1 · 1,385 m² | 9.8 m · 3 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-01-2012
Fiscal year end30-09
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842297619
Also
9925:BE0842297619
Registered
30-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.