VENTOMATIC
ActiveSummary
VENTOMATIC has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €7,545. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 95% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-08-1982 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 4 others
- Joint committees
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2025
- Establishment unit
- 2.020.954.220 9820 Merelbeke-Melle, since 01-09-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Board and ownership
- LUNEISCODirector · since 18-09-2023
- LUNEISCO99.95%30-06-2025 annual accounts of LUNEISCO
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €252,825
- ▼ 16.4%
- Turnover
- ≈ €660,000
- estimated
- Profit
- €7,545
- ▼ 78.0%
- Equity
- €1.7m
- ▼ 1.3%
- Total assets
- €1.9m
- ▼ 3.6%
- Employees on 31-12-2025
- 5
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 12.20, cash €568,659Equity €1.7m (93.9% of total assets)Founded in 1982Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 86% on liquidity, 36% on profitability and 32% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 16-06-2026 at the NBB all 44 filings
Every figure per financial year
The operating result for 2025 is 75% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 6 | 5 | 5 | 5 |
| full-time | 4 | 4 | 3 | 3 | 2 |
| part-time | 2 | 2 | 2 | 2 | 3 |
| in full-time equivalents | 5.4 | 5.4 | 4.3 | 4.3 | 4.1 |
| Average over the year, in full-time equivalents | 6.2 | 4.7 | 4.4 | 4.3 | 4.1 |
| On a permanent contract | 6 | 6 | 5 | 5 | 5 |
| Joined | 0 | 1 | 2 | - | - |
| Left | 1 | 1 | 3 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €29,344 | €45,222 | €88,299 | €10,536 | €19,518 |
| Depreciation and write-downs of the year | €38,295 | €33,006 | €39,131 | €39,287 | €28,683 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €323,537 | €220,825 | €211,350 | €197,744 | €197,247 | ▼ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,784 | €67,071 | €65,594 | €38,295 | €33,006 | €39,131 | €39,287 | €28,683 | ▼ 27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | -€5,850 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | €6,000 | - | - | - |
| Other operating charges640/8 | - | - | - | €11,862 | €12,380 | €14,449 | €19,533 | €14,040 | ▼ 28.1% |
| Gross operating margin9900 | €325,987 | €376,114 | €376,494 | €397,929 | €340,180 | €329,792 | €302,257 | €252,825 | ▼ 16.4% |
| Operating profit (loss)9901 | €12,088 | €25,451 | €16,353 | €24,234 | €73,970 | €58,862 | €51,542 | €12,855 | ▼ 75.1% |
| Financial income75/76B | - | - | - | €8,686 | €7,560 | €10,066 | €5,636 | €8,253 | ▲ 46.4% |
| Recurring financial income75 | €7,381 | €14,103 | €7,484 | €8,686 | €7,560 | €10,066 | €5,636 | €8,253 | ▲ 46.4% |
| Financial charges65/66B | - | - | - | €2,911 | €2,519 | €2,692 | €1,737 | €1,512 | ▼ 12.9% |
| Recurring financial charges65 | €3,383 | €3,175 | €2,274 | €2,911 | €2,519 | €2,692 | €1,737 | €1,512 | ▼ 12.9% |
| Profit (loss) for the period before taxes9903 | €16,086 | €36,378 | €21,563 | €30,009 | €79,012 | €66,236 | €55,441 | €19,596 | ▼ 64.7% |
| Income taxes67/77 | €8,869 | €17,979 | €9,203 | €12,500 | €26,360 | €17,911 | €21,119 | €12,050 | ▼ 42.9% |
| Profit (loss) for the period9904 | €7,217 | €18,399 | €12,360 | €17,509 | €52,652 | €48,326 | €34,323 | €7,545 | ▼ 78.0% |
| Profit (loss) for the period to be appropriated9905 | €7,217 | €18,399 | €12,360 | €17,509 | €52,652 | €48,326 | €34,323 | €7,545 | ▼ 78.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €2.0m | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 3.6% |
| Fixed assets21/28 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 5.0% |
| Intangible fixed assets21 | €0.01m | €0.009m | €0.006m | €0.003m | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 5.0% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 34.0% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.07m | €0.1m | €0.08m | €0.04m | ▼ 50.5% |
| Current assets29/58 | €1.3m | €1.2m | €1.3m | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 3.0% |
| Stocks and contracts in progress3 | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | ▲ 12.7% |
| Stocks30/36 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | ▲ 12.7% |
| Amounts receivable within one year40/41 | €0.08m | €0.1m | €0.1m | €0.1m | €0.09m | €0.2m | €0.05m | €0.06m | ▲ 23.9% |
| Trade receivables40 | - | - | - | €0.1m | €0.08m | €0.2m | €0.05m | €0.06m | ▲ 26.5% |
| Other amounts receivable41 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 23.9% |
| Cash at bank and in hand54/58 | €0.7m | €0.6m | €0.6m | €0.6m | €0.7m | €0.6m | €0.7m | €0.6m | ▼ 18.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €2.0m | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 3.6% |
| Equity10/15 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.7m | ▼ 1.3% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €1.6m | €1.7m | €1.7m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▼ 1.4% |
| Provisions and deferred taxes16 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.009m | €0.009m | €0.008m | ▼ 7.3% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.003m | €0.003m | €0.009m | €0.009m | €0.008m | ▼ 7.3% |
| Other liabilities and charges164/5 | - | - | - | €0.003m | €0.003m | €0.009m | €0.009m | €0.008m | ▼ 7.3% |
| Amounts payable17/49 | €0.08m | €0.06m | €0.08m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 30.2% |
| Amounts payable within one year42/48 | €0.08m | €0.06m | €0.08m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 30.2% |
| Trade debts44 | €0.05m | €0.03m | €0.03m | €0.08m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 36.6% |
| Suppliers440/4 | - | - | - | €0.08m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 36.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.08m | €0.06m | €0.06m | €0.05m | ▼ 18.0% |
| Taxes450/3 | - | - | - | €0.04m | €0.05m | €0.04m | €0.04m | €0.03m | ▼ 25.4% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | ▲ 0.8% |
| Other amounts payable47/48 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.03m | ▼ 40.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.02m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,217 | €18,399 | €12,360 | €17,509 | €52,652 | €48,326 | €34,323 | €7,545 | ▼ 78.0% |
| + Depreciation and write-downs630 | €64,784 | €67,071 | €65,594 | €38,295 | €33,006 | €39,131 | €39,287 | €28,683 | ▼ 27.0% |
| Operating cash flow (approximation) | €72,000 | €85,470 | €77,953 | €55,804 | €85,658 | €87,456 | €73,610 | €36,228 | ▼ 50.8% |
| Investment in fixed assets (approximation) | - | -€81,201 | -€28,854 | -€29,344 | -€45,222 | -€72,896 | -€10,536 | €856 | - |
| Change in cash | - | -€85,390 | €31,396 | €47,814 | €29,572 | -€116,124 | €131,847 | -€126,412 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as VENTOMATIC has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VENTOMATIC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for VENTOMATIC. 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.
Latest 10 of 44 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 16-06-2026 | 2026-00185072 | |
| 31-12-2024 | abbreviated format | 19-06-2025 | 2025-00154702 | |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00145886 | |
| 31-12-2022 | abbreviated format | 04-07-2023 | 2023-00197740 | |
| 31-12-2021 | abbreviated format | 11-07-2022 | 2022-20181094 | |
| 31-12-2020 | abbreviated format | 18-06-2021 | 2021-21300528 | |
| 31-12-2019 | abbreviated format | 19-06-2020 | 2020-18300298 | |
| 31-12-2018 | abbreviated format | 27-06-2019 | 2019-24500046 | |
| 31-12-2017 | abbreviated format | 12-06-2018 | 2018-17800253 | |
| 31-12-2016 | abbreviated format | 23-06-2017 | 2017-20800315 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerCapital transactions
- 21-09-2023 Capital stated in the deed · €99,157.41 · 4,000 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| LUNEISCO |
|
| TSJOEN Luc Paul August |
|
Network & group
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of VENTOMATIC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-09
Gazette deed
Change of role: Luneisco, from director and managing director to enige niet statutair bestuurderResignation: TSJOEN Luc Paul August (director) · Permanent representatives: Vanhessche Stijn and TSJOEN Katrien Vera Paula · Amendment of the articles10 points ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €99,157.41
- Director resignation, Luneisco (director and managing director)
- Director resignation, TSJOEN Luc Paul August (director)
- Permanent representative, Vanhessche Stijn
- Director appointment, Luneisco (enige niet statutair bestuurder)
- Permanent representative, TSJOEN Katrien Vera Paula (plaatsvervangende vaste vertegenwoordiger)
- Other provision, “aanvaarding benoeming” (deed in Dutch)
- Registered office clause, “9820 Merelbeke,Chrysantenstraat 59B, Vierde besluit-adres” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
8 activities
- De aankoop,invoer,export,fabricatie,verkoop en plaatsing van ventilatoren en luchtbehandelingsmateriaal,regelapparatuur,airconditioning,luchtkanalenbouw
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een(semi)-publiekrechtelijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert;deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in hoedanigheid van externe raadgever of orgaan van de cliënt
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen
- Het centraliseren,coördineren van de planning van de aandeelhoudende ondernemingen
- Het optreden als tussenpersonen in de handel
- Het verstrekken van operationeel,intellectueel en commercieel advies betreffende de organisatie en uitbating van productiebedrijven en/of dienstverlenende ondernemingen
- Het verlenen van alle dienstprestaties en het uitvoeren van alle opdrachten onder de vorm van organisatiestudies,dit in de meest ruime zin van het woord
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0422.971.567
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44043A0715/00E002 | Flanders | 4,795 m² | 1 · 2,235 m² | 6.2 m · 2 |