S.D. Airtec
ActiveThe computed 12-month bankruptcy probability of S.D. Airtec is 2.6% (moderate). The 2025 annual accounts show equity of €46k and a net result of €36k. Its solvency ranks better than 47% of 27358 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
94
/ 100
Excellent▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency83▲+61
Growth78
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.04 in 2024), but 55.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 373%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€103k▲ 53.6%
2024 · €67k
2024: €67k
2024 → 2025
Net result
€36k▲ 370%
2024 · €8k
2024: €8k
2024 → 2025
Working capital
€30k▲ 3,107%
2024 · €931
2024: €931
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€46k▲ 373%
Operating result€13k-€47k▲ 258%
Net result€8k-€36k▲ 370%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 258% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€33k▼ 20.1%
Current assets
€71k▲ 167%
Equity and liabilities €103k
Equity
€46k▲ 373%
Debt
€58k▲ 0.1%
The debt ratio falls from 85.7% to 55.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€57k▲
2024 · €22k
Cash flow
€46k▲
2024 · €16k
Solvency
44.2%▲
2024 · 14.3%
Current ratio
1.73▲
2024 · 1.04
Quick ratio
1.73▲
2024 · 1.04
Debt / equity
1.26▼
2024 · 5.97
ROE
78.9%▼
2024 · 79.3%
ROA
34.8%▲
2024 · 11.4%
Interest coverage
20.09▲
2024 · 6.19
Debt
€58k▲
2024 · €58k
Debt ≤ 1 year
€41k▲
2024 · €26k
Debt > 1 year
€17k▼
2024 · €29k
Income taxes
€10k▲
2024 · €2k
Staff costs
€5k▼
2024 · €15k
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€67k€103k▲
Fixed assets21/28€41k€33k▼
Tangible fixed assets22/27€41k€33k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€10k€8k▼
Leasing and similar rights25€31k€23k▼
Current assets29/58€27k€71k▲
Amounts receivable within one year40/41€20k€68k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€15k€58k▲
Cash at bank and in hand54/58€6k€706▼
Deferred charges and accrued income490/1€254€2k▲
Equity and liabilities
Total equity and liabilities10/49€67k€103k▲
Equity10/15€10k€46k▲
Contributions10/11€2k€2k=
Reserves13€8k€44k▲
Distributable reserves133€8k€44k▲
Amounts payable17/49€58k€58k▲
Amounts payable after more than one year17€29k€17k▼
Financial debts170/4€29k€17k▼
Amounts payable within one year42/48€26k€41k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€8k€17k▲
Suppliers440/4€8k€17k▲
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€6k€11k▲
Remuneration and social security454/9€481€317▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€15k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€299▼
Gross operating margin9900€38k€63k▲
Operating profit (loss)9901€13k€47k▲
Financial income75/76B€345€2k▲
Recurring financial income75€345€2k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€10k€46k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€8k€36k▲
Profit (loss) for the period to be appropriated9905€8k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€36k▲
Transfer to equity691/2€8k€36k▲
To the legal reserve6920€8k€36k▲
The notes to these accounts (8 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Dilsen-Stokkem · 1 establishment unit since 2023
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.
Rijksweg 9833650 Dilsen-StokkemGround area
778 m²
Building footprint
183 m²
Volume, LiDAR
932 m³
Parcel 72007B0031/00K000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.D. Airtec
since 20232.340.763.220
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72007B0031/00K000 | Flanders | 778 m² | 1 · 183 m² | 10.2 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.
Similar companies · same sector, comparable size
PATRICK VAN KERSCHAEVER
BE 0438.426.142
Aalter · Eq €46k
LEIRS
BE 0457.543.555
Westerlo · Eq €46k
GREEN PLANET
BE 0803.605.111
Anderlecht · Eq €46k
ADS TECHNICS
BE 0460.869.269
Sint-Niklaas · Eq €46k
AKOFIRE
BE 0804.387.247
Charleroi · Eq €45k
Of 9,478 companies in sector 43222 we hold annual accounts for 5,626. 4,433 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2023
Fiscal year end31-03
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
25530Machining of metals
43120Site preparation
43211General electrical installation work
43212Electrical installation work in industrial facilities
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.