VENTAIR
ActiveSummary
VENTAIR has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €610,046. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 7967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+35
Solvency56▲+10
Growth79▲+17
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.13 in 2024; short-term debt: 50.3% and cash: 12.8% of total assets), and 68.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.4%
Return on assets
12%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
42 d early
2023
26 d early
2022
34 d early
2021
38 d early
2020
30 d early
2019
2 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 20 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 company by equity in Nivelles, Construction sector#4 company by total assets in Nivelles, Construction sector#6 employer in Nivelles, Construction sector
Turnover
€12.3m▲ 3.2%
2022 · €11.9m
EBIT margin
3.1%▼ 0.8pp
2022 · 3.9%
Net result
€610,046
2024 · -€37,260
Working capital
€1.1m▲ 216%
2024 · €343,185
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€11.9m€12.3m▲ 3.2%
Operating result€288,858▼ 36.0%€459,534▲ 59.1%€381,777▼ 16.9%€28,587▼ 92.5%€938,490▲ 3,183%
Net result€176,008above the sector's middle half▼ 48.6%€301,371above the sector's middle half▲ 71.2%€241,443above the sector's middle half▼ 19.9%-€37,260below the sector's middle half€610,046above the sector's middle half
EBIT margin3.9%3.1%▼ 0.8pp
Equity€1.5mabove the sector's middle half▲ 13.2%€1.8mabove the sector's middle half▲ 19.9%€1.1mabove the sector's middle half▼ 41.8%€1.0mabove the sector's middle half▼ 3.5%€1.6mabove the sector's middle half▲ 57.0%
Total assets€4.1mabove the sector's middle half▲ 2.9%€4.9mabove the sector's middle half▲ 17.3%€5.0mabove the sector's middle half▲ 3.6%€4.9mabove the sector's middle half▼ 3.3%€5.1mabove the sector's middle half▲ 4.4%
Debt€2.6m▼ 2.2%€2.9m▲ 12.9%€4.0m▲ 35.5%€3.8m▼ 3.2%€3.5m▼ 9.5%
Working capital€1.1mabove the sector's middle half▲ 22.8%€1.5mabove the sector's middle half▲ 39.0%€385,208within the sector's middle half▼ 73.9%€343,185within the sector's middle half▼ 10.9%€1.1mabove the sector's middle half▲ 216%
Solvency36.5%within the sector's middle half▲ 3.3pp37.3%within the sector's middle half▲ 0.8pp21.0%below the sector's middle half▼ 16.4pp20.9%below the sector's middle half▼ 0.1pp31.4%within the sector's middle half▲ 10.5pp
Current ratio1.87within the sector's middle half▲ 0.231.92within the sector's middle half▲ 0.061.14within the sector's middle half▼ 0.791.13below the sector's middle half▼ 0.011.42within the sector's middle half▲ 0.29
Return on assets (ROA)4.3%within the sector's middle half▼ 4.3pp6.2%within the sector's middle half▲ 2.0pp4.8%within the sector's middle half▼ 1.4pp-0.8%below the sector's middle half▼ 5.6pp12.0%within the sector's middle half▲ 12.8pp
Staff (FTE)37.8above the sector's middle half▼ 9.6%38.2above the sector's middle half▲ 1.1%38.3above the sector's middle half▲ 0.3%41.9above the sector's middle half▲ 9.4%39.1above the sector's middle half▼ 6.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,183% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.1m
Fixed assets
€1.4m ▼ 24.3%
Current assets
€3.6m ▲ 22.9%
Equity and liabilities €5.1m
Equity
€1.6m ▲ 57.0%
Debt
€3.5m ▼ 9.5%
Debt's share of the balance-sheet total falls from 79.1% to 68.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.2m▲
2024 · €315,381
Cash flow
€855,222▲
2024 · €249,534
Quick ratio
1.26▲
2024 · 1.00
Debt to equity
2.18▼
2024 · 3.78
ROE
38.2%▲
2024 · -3.7%
Interest coverage
8.76▲
2024 · 3.76
Debt ≤ 1 year
€2.6m▼
2024 · €2.6m
Debt > 1 year
€891,915▼
2024 · €1.2m
Income taxes
€221,485▲
2024 · €5,379
Staff costs
€2.1m▼
2024 · €2.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €11.9m | €12.3m | - | - | - |
| Non-recurring operating income76A | - | €11,888 | €269,282 | €28,231 | €2,127 | ▼ 92.5% |
| Goods, raw materials, services and sundry goods60/61 | - | €9.1m | €8.9m | - | - | - |
| Remuneration, social security and pensions62 | €1.7m | €2.0m | €2.1m | €2.4m | €2.1m | ▼ 12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €228,367 | €231,530 | €253,720 | €286,794 | €245,176 | ▼ 14.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €80,248 | - | - | - | - |
| Other operating charges640/8 | €9,348 | €9,846 | €15,772 | €12,384 | €86,375 | ▲ 597% |
| Non-recurring operating charges66A | - | €13,170 | €142,557 | €4,522 | €32,988 | ▲ 630% |
| Gross operating margin9900 | €2.2m | €2.8m | €2.9m | €2.7m | €3.4m | ▲ 24.1% |
| Operating profit (loss)9901 | €288,858 | €459,534 | €381,777 | €28,587 | €938,490 | ▲ 3,183% |
| Financial income75/76B | €5,828 | €4,278 | €12,415 | €23,375 | €28,162 | ▲ 20.5% |
| Recurring financial income75 | €3,563 | €4,278 | €8,231 | €23,375 | €21,045 | ▼ 10.0% |
| Non-recurring financial income76B | €2,265 | - | €4,184 | - | €7,117 | - |
| Financial charges65/66B | €47,162 | €49,243 | €62,666 | €83,844 | €135,121 | ▲ 61.2% |
| Recurring financial charges65 | €45,606 | €49,243 | €62,666 | €83,844 | €135,121 | ▲ 61.2% |
| Non-recurring financial charges66B | €1,555 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €247,524 | €414,570 | €331,526 | -€31,881 | €831,531 | ▲ 2,708% |
| Income taxes67/77 | €71,517 | €113,199 | €90,083 | €5,379 | €221,485 | ▲ 4,018% |
| Profit (loss) for the period9904 | €176,008 | €301,371 | €241,443 | -€37,260 | €610,046 | ▲ 1,737% |
| Profit (loss) for the period to be appropriated9905 | €176,008 | €301,371 | €241,443 | -€37,260 | €610,046 | ▲ 1,737% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €4.9m | €5.0m | €4.9m | €5.1m | ▲ 4.4% |
| Fixed assets21/28 | €1.9m | €1.8m | €1.9m | €1.9m | €1.4m | ▼ 24.3% |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €1.7m | €1.7m | €1.3m | ▼ 26.4% |
| Land and buildings22 | €1.2m | €1.1m | €1.1m | €998,827 | €837,894 | ▼ 16.1% |
| Plant, machinery and equipment23 | €245,858 | €209,463 | €201,349 | €220,945 | €173,130 | ▼ 21.6% |
| Furniture and vehicles24 | €308,966 | €323,441 | €420,724 | €480,743 | €239,897 | ▼ 50.1% |
| Financial fixed assets28 | €86,104 | €113,207 | €175,408 | €202,780 | €190,640 | ▼ 6.0% |
| Current assets29/58 | €2.3m | €3.1m | €3.2m | €3.0m | €3.6m | ▲ 22.9% |
| Stocks and contracts in progress3 | €124,544 | €83,261 | €89,916 | €355,480 | €425,869 | ▲ 19.8% |
| Stocks30/36 | €124,544 | €83,261 | €89,916 | €355,480 | €425,869 | ▲ 19.8% |
| Amounts receivable within one year40/41 | €1.6m | €2.7m | €2.2m | €2.1m | €2.5m | ▲ 17.0% |
| Trade receivables40 | €1.4m | €2.6m | €2.1m | €2.1m | €2.4m | ▲ 16.6% |
| Other amounts receivable41 | €134,788 | €153,786 | €146,247 | €85,837 | €107,712 | ▲ 25.5% |
| Current investments50/53 | - | - | €200,000 | €100,000 | - | - |
| Cash at bank and in hand54/58 | €578,025 | €243,343 | €645,515 | €357,598 | €652,440 | ▲ 82.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €48,312 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €4.9m | €5.0m | €4.9m | €5.1m | ▲ 4.4% |
| Equity10/15 | €1.5m | €1.8m | €1.1m | €1.0m | €1.6m | ▲ 57.0% |
| Contributions10/11 | €46,200 | €46,200 | €46,200 | €46,200 | €46,200 | = |
| Capital10 | €46,200 | - | - | - | - | - |
| Issued capital100 | €46,200 | - | - | - | - | - |
| Revaluation surpluses12 | €29,907 | €29,907 | €29,907 | €29,907 | - | - |
| Reserves13 | €6,454 | €6,454 | €6,454 | €6,454 | €6,454 | = |
| Non-distributable reserves130/1 | €5,860 | €5,860 | €5,860 | €5,860 | €5,860 | = |
| Legal reserve130 | €5,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €5,860 | €5,860 | €5,860 | €5,860 | = |
| Distributable reserves133 | €594 | €594 | €594 | €594 | €594 | = |
| Profit (loss) carried forward14 | €1.4m | €1.7m | €971,800 | €934,540 | €1.5m | ▲ 65.3% |
| Provisions and deferred taxes16 | €29,000 | €109,248 | - | - | - | - |
| Provisions for liabilities and charges160/5 | €29,000 | €109,248 | - | - | - | - |
| Other liabilities and charges164/5 | €29,000 | €109,248 | - | - | - | - |
| Amounts payable17/49 | €2.6m | €2.9m | €4.0m | €3.8m | €3.5m | ▼ 9.5% |
| Amounts payable after more than one year17 | €1.4m | €1.3m | €1.2m | €1.2m | €891,915 | ▼ 24.3% |
| Financial debts170/4 | €1.4m | €1.3m | €1.2m | €1.2m | €891,915 | ▼ 24.3% |
| Amounts payable within one year42/48 | €1.2m | €1.6m | €2.8m | €2.6m | €2.6m | ▼ 2.4% |
| Current portion of amounts payable after more than one year42 | €192,836 | €208,496 | €231,468 | €284,916 | €251,359 | ▼ 11.8% |
| Trade debts44 | €672,086 | €774,201 | €980,035 | €1.1m | €1.4m | ▲ 28.1% |
| Suppliers440/4 | €672,086 | €774,201 | €980,035 | €1.1m | €1.4m | ▲ 28.1% |
| Taxes, remuneration and social security45 | €285,484 | €354,736 | €520,162 | €316,042 | €394,300 | ▲ 24.8% |
| Taxes450/3 | €115,762 | €150,561 | €352,952 | €53,436 | €206,252 | ▲ 286% |
| Remuneration and social security454/9 | €169,723 | €204,175 | €167,210 | €262,605 | €188,048 | ▼ 28.4% |
| Other amounts payable47/48 | €74,313 | €256,899 | €1.0m | €917,877 | €501,234 | ▼ 45.4% |
| Accrued charges and deferred income492/3 | €14,039 | €14,438 | €26,026 | €51,210 | €36,819 | ▼ 28.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €176,008 | €301,371 | €241,443 | -€37,260 | €610,046 | ▲ 1,737% |
| + Depreciation and write-downs630 | €228,367 | €231,530 | €253,720 | €286,794 | €245,176 | ▼ 14.5% |
| Operating cash flow (approximation) | €404,374 | €532,901 | €495,162 | €249,534 | €855,222 | ▲ 243% |
| Investment in fixed assets (approximation) | - | -€164,537 | -€332,913 | -€321,605 | €216,557 | ▲ 167% |
| Change in cash | - | -€334,682 | €402,171 | -€287,916 | €294,842 | ▲ 202% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €610,046
Net result €610,046 after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€37,260
Net result drops to -€37,260, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1mEq €1.3m ▲84%
2 profitable years in a row build equity to €1.3m.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
27-06
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2019
Ground area
2,487 m²
Building footprint
948 m²
Parcel 25099D0044/00H002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Graham Bell 19, 1402 Nivelles
since 20192.295.705.433
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25099D0044/00H002 | Wallonia | 2,487 m² | 1 · 948 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
EEG GROUP
11 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
Highest known parent: EEG GROUP. The sources do not say who stands above it.
Owners 1
- EEGparentSourceaccounts EEG 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
3 categoriesVENTAIR SRL33534
Legal Entity Identifier
549300G0U2KB5O2YTK06
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Company details
Identification
Legal formPrivate limited company
Founded01-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464666523
Also
9925:BE0464666523
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.