L'Air de Rien
ActiveSummary
The computed 12-month bankruptcy probability of L'Air de Rien is 2.4% (moderate). The annual accounts of L'Air de Rien for fiscal year 2025 show a net loss of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €42k and a net result of €-117k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 810 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-65
Solvency30▼-10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.23 against 0.62 in 2024; short-term debt: 21.2% and cash: 1.8% of total assets), and 95.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 56
Relative position
BE, all sectors
reference
Sector 56
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
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
4.6%
Return on assets
-13.1%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-117k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 810 sector peers (2025).
NBB · sector comparisonPosition among 810 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
9 d late
2024
3 d early
2023
2 d early
2022
29 d early
2021
15 d late
2020
3 d early
2019
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-117k▼ 1,928%
2024 · €-6k
2019: €-21k
2020: €-4k
2021: €6k
2022: €48k
2023: €32k
2024: €-6k
2019 → 2025
Working capital
€-147k▼ 125%
2024 · €-65k
2019: €49k
2020: €-124k
2021: €-109k
2022: €-49k
2023: €-77k
2024: €-65k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€140k▲ 51.6%€165k▲ 17.4%€159k▼ 3.5%€42k▼ 73.9%
Operating result€24k-€70k▲ 186%€54k▼ 23.2%€13k▼ 76.1%€-101k
Net result€6k-€48k▲ 694%€32k▼ 32.9%€-6k€-117k▼ 1,928%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €101k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €898k
Fixed assets
€854k ▼ 10.6%
Current assets
€44k ▼ 58.1%
Equity and liabilities €898k
Equity
€42k ▼ 73.9%
Debt
€856k ▼ 5.0%
Debt's share of the balance-sheet total rises from 85.0% to 95.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€897▼
2024 · €114k
Cash flow
€-16k▼
2024 · €95k
Current ratio
0.23▼
2024 · 0.62
Quick ratio
0.10▼
2024 · 0.40
Debt to equity
20.62▲
2024 · 5.67
ROE
-282.8%▼
2024 · -3.6%
ROA
-13.1%▼
2024 · -0.5%
Interest coverage
0.05▼
2024 · 6.18
Debt ≤ 1 year
€190k▲
2024 · €170k
Debt > 1 year
€666k▼
2024 · €730k
Income taxes
€389▼
2024 · €403
Staff costs
€233k▲
2024 · €181k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€898k▼
Fixed assets21/28€955k€854k▼
Intangible fixed assets21€1k€0▼
Tangible fixed assets22/27€954k€854k▼
Land and buildings22€858k€790k▼
Plant, machinery and equipment23€95k€64k▼
Furniture and vehicles24€1k€0▼
Current assets29/58€105k€44k▼
Stocks and contracts in progress3€37k€25k▼
Stocks30/36€37k€25k▼
Amounts receivable within one year40/41€14k€1k▼
Trade receivables40€0€0=
Other amounts receivable41€14k€1k▼
Cash at bank and in hand54/58€52k€16k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€898k▼
Equity10/15€159k€42k▼
Contributions10/11€119k€119k=
Reserves13€43k€43k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-3k€-120k▼
Amounts payable17/49€901k€856k▼
Amounts payable after more than one year17€730k€666k▼
Financial debts170/4€515k€452k▼
Other amounts payable178/9€215k€214k▼
Amounts payable within one year42/48€170k€190k▲
Current portion of amounts payable after more than one year42€70k€65k▼
Trade debts44€36k€37k▲
Suppliers440/4€36k€37k▲
Taxes, remuneration and social security45€45k€65k▲
Taxes450/3€28k€44k▲
Remuneration and social security454/9€18k€21k▲
Other amounts payable47/48€19k€24k▲
Accrued charges and deferred income492/3€968€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€181k€233k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€101k▲
Other operating charges640/8€14k€6k▼
Non-recurring operating charges66A€274-
Gross operating margin9900€309k€240k▼
Operating profit (loss)9901€13k€-101k▼
Financial income75/76B€268€0▼
Recurring financial income75€268€0▼
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€-5k€-117k▼
Income taxes67/77€403€389▼
Profit (loss) for the period9904€-6k€-117k▼
Profit (loss) for the period to be appropriated9905€-6k€-117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-120k▼
Profit (loss) brought forward from the previous period14P€0€-3k▼
Transfer from equity791/2€3k-
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)9087-4.6
The notes to these accounts (10 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
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 9 days late
2025
30-06
Financial
Weakest financial yearnet €-117k
Net result drops to €-117k, the lowest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150kEq €165k ▲17.4%
3 profitable years in a row build equity to €165k.
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €48k ▲694%
Operating result €70k, net result €48k, both a record.
30-06
Financial
Equity above €100kEq €140k ▲51.6%
2 profitable years in a row build equity to €140k.
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
30-06
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
09-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Esneux · 2 establishment units since 2009
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.
Chemin de la Xhavée 234130 EsneuxGround area
1,938 m²
Building footprint
259 m²
Volume, LiDAR
2,142 m³
2 parcels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
L'AIR DE RIEN
since 20092.178.030.575
L'Air de Rien
since 20202.328.655.937
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032F0043/00G000 | Wallonia | 1,643 m² | 1 · 173 m² | 11.1 m · 3 fl. |
| 62032F0015/02D000 | Wallonia | 295 m² | 1 · 86 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyEsneux2.328.655.937
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2009
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@lairderien.be
Phone:042252624