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AIRSTREAM

Active
Private limited companyfounded 2009active for 17 yearsEdingsesteenweg 111, 9402 Ninove, BelgiumKBO/BCE: BE 0818.338.619
Summary

AIRSTREAM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,222 and a net result of €982, of which €850 non-recurring income. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 95% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
AIRSTREAMActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€18,835total assets 2025
Equity
€18,222
Profit
€982
Turnover not published (abbreviated format)
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 3 days early1 of 2 deeds summarised
Why 90raises risk1 change of registered office in 24 monthsSize: total assets €18,835lowers riskLiquidity: current ratio 27.72, cash €11,315Founded in 2009Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 96.7% of total assets
Liquidity 100+2
short-term debt 3.3% · cash 60.1%
Profitability 75-19
return on assets 5.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 27.72, compared with 7.65 in 2024, above the usual 1.5; short-term debt: 3.3% and cash: 60.1% of total assets), and 3.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 98% on liquidity, 49% on profitability and 48% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 27.72, cash €11,315
NBB · annual accounts
raises risk · Size: total assets €18,835
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €18,222
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
1 day late
2023
2 days early
2022
36 days early
2021
34 days early
2020
on the day
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 11 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than triplescurrent ratio 27.72
  3. Resignations: GISGAND Philippe (manager) and STEVENS…Reappointments: GISGAND Philippe (director) and…

Key points

  • Caution: Among the weakest 12% on equitysector median €252,781 · 9,808 companies €18,222 View
  • Board2 directors in office 2 View
  • Total assets 20256 financial years filed €18,835 View

By topic

Financials

Financial year
2025
Total assets
€18,835
Profit
€982
Solvency
96.7%
Total assets▼ 5.0%
Net result
20192025
Go to Financials

Timeline

Events
20
Since
2012
Next accounts
by 31-01-2027
  1. 01-02-2025Annual accounts filed
  2. 29-01-2024Annual accounts filed
  3. 30-06-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
08-09-2009
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
First Saturday of December at 19:00
Purpose
“De installatie van verwarming, klimaatregeling en ventilatie; Het boren, draaien, frezen…” (deed in Dutch)
Go to Articles of association

Key facts about AIRSTREAM

What is the company number of AIRSTREAM?
0818.338.619. In Belgium the VAT number is the company number with BE in front: BE 0818.338.619.
Where is AIRSTREAM based?
The registered office is at Edingsesteenweg 111, 9402 Ninove.Company details
What does AIRSTREAM do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of AIRSTREAM?
Private limited company (BV).
When was AIRSTREAM founded?
On 08-09-2009.
Is AIRSTREAM still active?
Yes, AIRSTREAM is an active enterprise in the KBO register.
What is the turnover of AIRSTREAM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is AIRSTREAM profitable?
In financial year 2025, AIRSTREAM made a profit of €982.
Where can I find the annual accounts of AIRSTREAM?
AIRSTREAM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AIRSTREAM due?
By 31-01-2027, for financial year 2026.Timeline

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