Financials
- Fiscal year
- 2025
- Total assets
- €37,634
- Loss
- -€22,887
- Solvency
- -2.3%
Total assets▼ 40.6%
Net result
20192025
A3
ActiveSummary
A3 has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€850) and a net result of -€22,887. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
1 site
Size
€37,634total assets 2025
- Equity
- -€850
- Loss
- -€22,887
Turnover not published (abridged schema)
Structure
Accounts 41 d early0 of 7 deeds read
Why 53Capped at 59: negative equity- Loss of €22,887 (FY 2025)- Negative equity -€850- Sector Specialised construction activities (NACE 43)+ Size: total assets €37,634Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 9% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
23-37
equity -2.3% of total assets
Liquidity
32-37
short-term debt 102.3% · cash 25.5%
Profitability
0-100
return on assets -60.8%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%▼ -2.6% vs 11-2024
01-2025: 0.5%▲ +3.1% vs 12-2024
02-2025: 0.5%▼ -1.6% vs 01-2025
03-2025: 0.5%▼ -3.7% vs 02-2025
04-2025: 0.6%▲ +19.9% vs 03-2025
05-2025: 0.8%▲ +48.8% vs 04-2025
06-2025: 0.1%▼ -83.2% vs 05-2025
07-2025: 0.1%● 0.0% vs 06-2025
08-2025: 0.1%● 0.0% vs 07-2025
09-2025: 0.1%● 0.0% vs 08-2025
10-2025: 0.1%▼ -1.4% vs 09-2025lowest value
11-2025: 0.1%● 0.0% vs 10-2025lowest value
12-2025: 0.2%▲ +10.1% 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%● 0.0% vs 02-2026
04-2026: 1.5%▲ +872% vs 03-2026highest value
05-2026: 1.5%● 0.0% vs 04-2026highest value
06-2026: 1.5%● 0.0% vs 05-2026highest value
07-2026: 1.5%● 0.0% vs 06-2026highest value
08-2026: 1.5%● 0.0% vs 07-2026highest value
09-2026: 1.5%● 0.0% vs 08-2026highest value
10-2026: 1.5%▼ -1.0% vs 09-2026
- Loss of €22,887 (FY 2025) raises the probability
- Size: total assets €37,634 lowers the probability for this profile
- Negative equity -€850 raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
No credit on open account
Liquidity short (current ratio 0.7 against 1.22 in 2024; short-term debt: 102.3% and cash: 25.5% of total assets), and equity is negative.
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 8%, liquidity 20%, profitability 4%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€850
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
1 d early
2023
39 d early
2022
39 d early
2021
45 d early
2020
46 d early
2019
90 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 43 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2019net €44,727 ▲93%
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€850 View
- Caution: From profit to loss in 2025after €44,727 in 2024 -€22,887 View
- Caution: Among the weakest 7% on net resultsector median €10,073 · 32,329 companies -€22,887 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 30-04-2027
- 20-03-2026Annual accounts filed
- 29-04-2025Annual accounts filed
- 30-09-2024Highest result since 2019
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 06-09-1993
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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