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FLANDERS AIR TECHNIC

Active
Public limited companyfounded 198640 yrs activeStokstraat(KRU) 26, 9770 Kruisem, BelgiumKBO/BCE: BE 0428.469.289
Summary

FLANDERS AIR TECHNIC has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €635,655 and a net result of €428,548. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 48% of 2227 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121Installation of electric heating, air conditioning, cooling and ventilation NACE 43222NACE 45331
#3 oldest company in Kruisem, Professional and technical services sector1 site
Size
€1.4mtotal assets 2025
Staff
3.4 FTE
Equity
€635,655
Profit
€428,548
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Provisional estimate
Structure
Largest shareholder
Arcamis · 49.6%
Accounts 3 d early0 of 5 deeds read
Why 94+ Lower-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Provisional estimate
Better than 58% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 70+6
equity 45.2% of total assets
Liquidity 72+14
short-term debt 54.8% · cash 50.5%
Profitability 100=
return on assets 30.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Provisional estimate
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.62 in 2024; short-term debt: 54.8% and cash: 50.5% of total assets), but 54.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 43%, liquidity 60%, profitability 88%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.

Provisional estimate: the current bankruptcy probability was not available, so Checked used its built-in model (v2).

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.2%
Return on assets
30.4%
Age of the figures
15 mo
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 d early
2024
8 d early
2023
5 d early
2022
40 d early
2021
25 d early
2020
6 d early
2019
18 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2019net €428,548 ▲7.2%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Among the best 7% on net resultsector median €27,860 · 2,227 companies €428,548 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €428,548 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.4m
Profit
€428,548
Solvency
45.2%
Total assets▼ 12.8%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-01-2027
  1. 28-01-2026Annual accounts filed
  2. 30-06-2025Highest result since 2019
  3. 23-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
29-01-1986
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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