CENSAIR
ActiveCENSAIR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €424k and a net result of €333k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency75▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 2.04 in 2024; short-term debt: 44.8% and cash: 37.6% of total assets), but 50.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
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
49.7%
Return on assets
39.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
22 d late
2023
35 d early
2022
47 d early
2021
23 d late
2020
51 d late
2019
102 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€424k▲ 6.9%
2024 · €396k
2018: €292k
2019: €359k
2020: €332k
2021: €314k
2022: €376k
2023: €302k
2024: €396k
2018 → 2025
Total assets
€853k▲ 9.4%
2024 · €779k
2018: €802k
2019: €804k
2020: €795k
2021: €751k
2022: €886k
2023: €697k
2024: €779k
2018 → 2025
Net result
€333k▲ 36.5%
2024 · €244k
2018: €79k
2019: €68k
2020: €68k
2021: €31k
2022: €99k
2023: €168k
2024: €244k
2018 → 2025
Working capital
€291k▼ 9.1%
2024 · €320k
2018: €256k
2019: €318k
2020: €270k
2021: €254k
2022: €241k
2023: €230k
2024: €320k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€314k-€376k▲ 19.7%€302k▼ 19.5%€396k▲ 31.1%€424k▲ 6.9%
Operating result€88k-€188k▲ 113%€256k▲ 36.0%€299k▲ 16.9%€360k▲ 20.2%
Net result€31k-€99k▲ 216%€168k▲ 70.1%€244k▲ 45.1%€333k▲ 36.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €853k
Fixed assets
€180k▲ 18.1%
Current assets
€672k▲ 7.3%
Equity and liabilities €853k
Equity
€424k▲ 6.9%
Debt
€429k▲ 12.0%
The debt ratio rises from 49.1% to 50.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€418k▲
2024 · €336k
Cash flow
€391k▲
2024 · €281k
Solvency
49.7%▼
2024 · 50.9%
Current ratio
1.76▼
2024 · 2.04
Quick ratio
1.59▼
2024 · 1.85
Debt / equity
1.01▲
2024 · 0.97
ROE
78.6%▲
2024 · 61.6%
ROA
39.1%▲
2024 · 31.3%
Interest coverage
29.42▲
2024 · 12.76
Debt
€429k▲
2024 · €383k
Debt ≤ 1 year
€382k▲
2024 · €307k
Debt > 1 year
€36k▼
2024 · €56k
Income taxes
€28k▼
2024 · €41k
Staff costs
€298k▲
2024 · €252k
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€779k€853k▲
Fixed assets21/28€153k€180k▲
Tangible fixed assets22/27€153k€180k▲
Land and buildings22€1k€35k▲
Plant, machinery and equipment23€8k€16k▲
Furniture and vehicles24€144k€94k▼
Leasing and similar rights25-€36k
Current assets29/58€626k€672k▲
Amounts receivable after more than one year29€80k€129k▲
Other amounts receivable291€80k€129k▲
Stocks and contracts in progress3€59k€67k▲
Stocks30/36€59k€36k▼
Contracts in progress37-€31k
Amounts receivable within one year40/41€191k€148k▼
Trade receivables40€105k€121k▲
Other amounts receivable41€86k€27k▼
Cash at bank and in hand54/58€289k€321k▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€779k€853k▲
Equity10/15€396k€424k▲
Contributions10/11€7k€7k=
Reserves13€390k€417k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€386k€413k▲
Amounts payable17/49€383k€429k▲
Amounts payable after more than one year17€56k€36k▼
Financial debts170/4€56k€36k▼
Amounts payable within one year42/48€307k€382k▲
Current portion of amounts payable after more than one year42€67k€20k▼
Trade debts44€83k€78k▼
Suppliers440/4€83k€78k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3-€9k
Remuneration and social security454/9€8k-
Other amounts payable47/48€150k€275k▲
Accrued charges and deferred income492/3€19k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€252k€298k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€58k▲
Other operating charges640/8€916€16k▲
Gross operating margin9900€589k€732k▲
Operating profit (loss)9901€299k€360k▲
Financial income75/76B€12k€16k▲
Recurring financial income75€12k€16k▲
Financial charges65/66B€26k€14k▼
Recurring financial charges65€26k€14k▼
Profit (loss) for the period before taxes9903€285k€361k▲
Income taxes67/77€41k€28k▼
Profit (loss) for the period9904€244k€333k▲
Profit (loss) for the period to be appropriated9905€244k€333k▲
Appropriation of the result
Profit (loss) to be appropriated9906€244k€333k▲
Transfer from equity791/2-€31k
Transfer to equity691/2€94k€58k▼
To other reserves6921€94k€58k▼
Profit to be distributed694/7€150k€306k▲
Return on contributions (dividend)694-€31k
Directors or managers695€150k€275k▲
Social balance
Average headcount (FTE)90874.14.6▲
The notes to these accounts (12 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €333k ▲36.5%
Operating result €360k, net result €333k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet €31k ▼54.1%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 51 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 102 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Evergem · 1 establishment unit since 2001
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.
Langendam 27C9940 EvergemGround area
1.1 ha
Building footprint
2,125 m²
Volume, LiDAR
12,287 m³
Parcel 44066D1712/00D000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Langendam 27C, 9940 Evergem
since 20012.100.079.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44066D1712/00D000 | Flanders | 1.1 ha | 1 · 2,125 m² | 6.8 m · 2 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
2022 to 2024 · 4 entries · 3,401 EUR awarded · 5,800 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 2,549 EUR | 5,123 EUR |
| 2023 | 1 | 729 EUR | 554 EUR |
| 2022 | 1 | 123 EUR | 123 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
4 categoriesCENSAIR BV26660
Dual-learning approval
7 live approvals · 2 endedBrandertechnicus gas/stookolie duaal (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Technicus hernieuwbare energietechnieken duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Show 1 more
Vakman installatietechnieken (vwo)
Legal Entity Identifier
25490083CMKDSVGYMT03
Similar companies · same sector, comparable size
COLLART-EDEC
BE 0407.176.801
Elsene · Eq €424k
DRIES DE WEVER
BE 0525.781.570
Assenede · Eq €424k
VAN HAVER COOLING
BE 0478.522.873
Dendermonde · Eq €424k
Vamitec
BE 0668.595.660
Jabbeke · Eq €424k
BOLS PAUL
BE 0472.301.809
Arendonk · Eq €424k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2001
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
46150Agents in the wholesale of furniture, household goods and hardware
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.