Financials
- Fiscal year
- 2024
- Total assets
- €504,574
- Profit
- €28,237
- Solvency
- 72.0%
Total assets▲ 13.6%
Net result
20182024
MULTI AIR
ActiveSummary
MULTI AIR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €363,498 and a net result of €28,237. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 36399 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
1 site
Size
€504,574total assets 2024
- Equity
- €363,498
- Profit
- €28,237
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 3 deeds read
Why 84- Figures for FY 2024 (filed 05-09-2025)+ Liquidity: current ratio 4.08, cash €85,315+ Founded in 2000+ Equity €363,498 (72.0% of total assets)Show the evidence
Checked score
Score 2024
84
/ 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
97-3
equity 72.0% of total assets
Liquidity
69-17
short-term debt 13.7% · cash 16.9%
Profitability
76-3
return on assets 5.6%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.1%▼ -0.7% vs 12-2024
02-2025: 0.2%▲ +0.7% vs 01-2025
03-2025: 0.1%▼ -2.0% vs 02-2025
04-2025: 0.1%● 0.0% vs 03-2025
05-2025: 0.1%▼ -2.0% vs 04-2025
06-2025: 0.1%● 0.0% vs 05-2025
07-2025: 0.1%▼ -1.4% vs 06-2025lowest value
08-2025: 0.2%▲ +44.8% vs 07-2025
09-2025: 0.2%▲ +14.5% vs 08-2025
10-2025: 0.2%▼ -35.4% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -0.7% vs 12-2025
02-2026: 0.2%▲ +0.7% vs 01-2026
03-2026: 0.2%▼ -0.7% vs 02-2026
04-2026: 0.2%▲ +0.7% vs 03-2026
05-2026: 0.2%● 0.0% vs 04-2026
06-2026: 0.2%▼ -1.3% vs 05-2026
07-2026: 0.2%▲ +3.3% vs 06-2026
08-2026: 0.3%▲ +65.4% vs 07-2026
09-2026: 0.3%▲ +17.1% vs 08-2026
10-2026: 0.4%▲ +43.4% vs 09-2026highest value
- Figures for FY 2024 (filed 05-09-2025) raises the probability
- Liquidity: current ratio 4.08, cash €85,315 lowers the probability
- Founded in 2000 lowers the probability for this profile
- Equity €363,498 (72.0% of total assets) lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 4.08 against 4.5 in 2023; short-term debt: 13.7% and cash: 16.9% of total assets), and 28% 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 43, micro). Better than this share of them on solvency 78%, liquidity 67%, profitability 50%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
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+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
30 d late
2022
87 d late
2021
61 d late
2020
61 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 29-08-2025Annual accounts filed
- 30-08-2024Annual accounts filed
- 26-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 17-05-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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