Equity
€12,102 ▼ 45.5%
ORIGIN'AIR paid out €6,286 in dividends in a year with a loss of €3,836.
ORIGIN'AIR
Lifetime
6 annual accounts with figures on one time axispeak €19,298 (2024)
€8,878▼ 54.0%
lowest -€7,517 (2020)
-€3,836▼ €13,710
peak €22,224 (2024)
€12,102▼ 45.5%
€32,487▲ 177%
Board4 names since 2019
1 directorSamuel CALAY
Documentsfilings and deeds
31-05-202661 days before the deadline
2025micro format
Gross margin from €19,298 to €8,878Loss of €3,836Registered office moved to Hannut 31-12Dividend €6,286Equity from €22,224 to €12,102Debts from €11,749 to €32,487
Key points
from the 2025 annual accountsDebts
€32,487 73% of the balance sheet
Investments
€32,534 11.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.26 was 1.60 in 2024
Short-term debts rose from €11,749 to €32,487.
Board
1 joined · 2 left
Board changed. Latest change 10-11-2025 · 1 in office.
Position in the sector
€12,102
Less equity than 83% of companies in fabricated metal products. Sector median €72,830 · 2,346 companies.
Checked score
48
Fair
Financially stronger than 15% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.5 percentage points vs 07-2025
09-2025: 0.5%▼ -0.9 percentage points vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.4 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.0%▲ +0.2 percentage points vs 03-2026
05-2026: 1.1%▲ +0.1 percentage points vs 04-2026
06-2026: 3.1%▲ +2.0 percentage points vs 05-2026highest value
07-2026: 3.1%● unchanged vs 06-2026highest value
08-2026: 3.1%● unchanged vs 07-2026highest value
09-2026: 3.1%● unchanged vs 08-2026highest value
10-2026: 3.1%● unchanged vs 09-2026highest value
11-2026: 3.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.26
1 change of registered office in 24 months
Loss of €3,836 (financial year 2025)
Founded in 2019
Calculation
The band follows from the bankruptcy probability. 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 25, micro). It does better than 30% of them on solvency, 11% on liquidity, 10% on profitability and 9% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,548 companies had the same profile as ORIGIN'AIR has now. Each dot stands for 4 companies, two years later.
91.2%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ORIGIN'AIR itself: 3.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,548 companies, not a prediction for ORIGIN'AIR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.26 (1.6 in 2024), below 1. Short-term debt is 72.9% of total assets. 72.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-05-2026, 61 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
61 days early
2024
28 days late
2023
33 days early
2022
35 days early
2021
31 days early
2020
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 27 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LAMBERT Yves Henri Raymond 249 sharesdeed of 30-12-2019
- GOFFIN Sandrine Jacqueline Georgette 249 sharesdeed of 30-12-2019
- LABOURDETTE Jérôme Jacques Henri 1 sharedeed of 30-12-2019
Recent changes
Purpose change
“ajout des activités suivantes” (deed in French) · General meeting of 23-09-2026 · Gazette deed
Registered office moved to Hannut
New registered office: Rue Lambert Mottart, 25-4280 Hannut · Resignations: Sandine GOFFIN (director) and Yves LAMBERT (director) · Appointment: Samuel CALAY (director) · General meeting of 10-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740446926
Incorporation
Founding capital of €5,000, 500 shares · Founders: LAMBERT Yves Henri Raymond and GOFFIN Sandrine Jacqueline Georgette · Appointments: LAMBERT Yves Henri Raymond (director) and GOFFIN Sandrine Jacqueline Georgette (director) · published on 30-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ORIGIN'AIR Hannut | €44,589 | €8,878 | 27.1% | - |
| GM LAQUAGE DE MOBILIER Perwez | €45,182 | €11,090 | 36.1% | - |
| Metalnova Pittem | €61,020 | €11,543 | 26.6% | - |
| NOMIKKA Damme | €52,079 | €16,551 | 84.8% | - |
| VR Construct Lebbeke | €53,762 | €5,446 | 77.5% | - |
| J & L SOLUTIONS Nijlen | €42,178 | €4,417 | -25.7% | - |
| BeCoating Sint-Niklaas | €38,446 | €17,142 | -47.2% | - |
These companies have the same main activity as ORIGIN'AIR: coating of metals (NACE 25510). They are comparable in size and age: total assets between €38,400 and €61,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 24-12-2019Normal situation
- Activity
- Coating of metalsNACE 25510and 4 others
- Establishment unit
- 2.296.935.5514280 Hannut, since 24-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- ≈ €60,000estimated
- €44,589▲ 31.2%
- ≈ 0 FTEestimated
- Filing
- Filed on 31-05-2026, 61 days before the end of the filing period
Insights on ORIGIN'AIR
ORIGIN'AIR files the micro format. That format states no turnover. The gross margin rose from -€4,757 in 2020 to €8,878 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ORIGIN'AIR
- What is the company number of ORIGIN'AIR?
- The company number of ORIGIN'AIR is 0740.446.926. The VAT number is the same number with BE in front: BE 0740.446.926.
- Where is ORIGIN'AIR based?
- The registered office is at Rue Lambert Mottart 25, 4280 Hannut.Company details
- What does ORIGIN'AIR do?
- According to the KBO register, the main activity is coating of metals (NACE 25510).
- What is the legal form of ORIGIN'AIR?
- ORIGIN'AIR is a private limited company (BV).
- When was ORIGIN'AIR founded?
- ORIGIN'AIR was founded on 24-12-2019.
- Is ORIGIN'AIR still active?
- Yes, ORIGIN'AIR is an active enterprise in the KBO register.
- What is the turnover of ORIGIN'AIR?
- The turnover in financial year 2025 is ≈ €60,000. This figure is estimated from the gross margin of €8,878 and 35 comparable companies (NACE 25). It probably lies between €25,000 and €120,000. It is a rough estimate.Financials
- Is ORIGIN'AIR profitable?
- In financial year 2025, ORIGIN'AIR made a loss of €3,836.
- Where can I find the annual accounts of ORIGIN'AIR?
- ORIGIN'AIR filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ORIGIN'AIR due?
- ORIGIN'AIR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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