Airco Radeco
A bankruptcy procedure is open for Airco Radeco according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €643k and a net result of €96k.
| Equity | €643k |
| Net result | €96k |
| Staff (FTE) | 20.5 |
| Better than sector | 40% |
Fragile profile, watch stability in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.7% | 30.2% | |
| Net result | €96k | €30k | |
| Equity | €643k | €134k | |
| Gross operating margin | €1.49M | €201k | |
| Staff costs | €1.26M | €197k |
Show 12 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €212k |
| Net profit | €96k |
| Cash flow | €143k |
| Staff costs | €1.26M |
| Income taxes | €34k |
| Dividends | - |
| Total assets | €2.72M |
| Equity | €643k |
| Debt | €2.07M |
| of which ≤ 1y | €2.07M |
| of which > 1y | - |
| Working capital | €208k |
| Employees (FTE) | 20.5 |
| 2022 | |
|---|---|
| Current ratio | 1.10 |
| Quick ratio | 0.80 |
| Working capital ratio | 7.7% |
| Solvency | 23.7% |
| Debt / equity | 3.22 |
| Long-term debt ratio | - |
| Interest coverage | 5.64 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.6% |
| ROE | 15.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.72M |
| Fixed assets | 21/28 | €435k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €48k |
| Financial fixed assets | 28 | €384k |
| Current assets | 29/58 | €2.28M |
| Stocks & contracts in progress | 3 | €621k |
| Amounts receivable within one year | 40/41 | €1.26M |
| Cash & bank | 54/58 | €385k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.72M |
| Equity | 10/15 | €643k |
| Contributions / capital | 10/11 | €93k |
| Reserves | 13 | €550k |
| Amounts payable | 17/49 | €2.07M |
| Amounts payable within one year | 42/48 | €2.07M |
| Trade debts payable within one year | 44 | €1.15M |
| Income statement | ||
| Gross operating margin | 9900 | €1.49M |
| Operating result | 9901 | €166k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €38k |
| Result before taxes | 9903 | €130k |
| Income taxes | 67/77 | €34k |
| Net result for the period | 9904 | €96k |
| Result to be appropriated | 9905 | €96k |
-
Albrecht VAN den BOSCHDirectorState Gazette act 23318986 (02-03-2023)Current02-03-2023 → present
3 events
- 02-03-2023 Resigned· Director
- 02-03-2023 Appointed· Director
- 02-03-2023 Appointed· Managing director
Former directors (1)
-
PITTOORS FrancisDirectorState Gazette act 23318986 (02-03-2023)Former- → 02-03-2023
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DAVID ANNé FRANKRIJKLEI 5 BUS 0401,
2000 ANTWERPEN 1 |
25-02-2025 → present | Belgian State Gazette |
| NACE primary | Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit(43222) |
| Legal form | Public limited company(014) |
| Incorporation | 27-05-1986 |
| Status | Active |
| Postal code | 2150 |
| First insolvency signal | 05-03-2025 |
| Latest insolvency signal | 05-03-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0059/00A008 | Flanders | 2,942 m² | 1 · 69 m² | 4.2 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-07-2024 Articles of association amended, translation of the articles, coordination of the articles and full restatement of the articles
Technical details
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}02-03-2023 2 directors appointed, 2 resigning
- Albrecht VAN den BOSCH, Bestuurder
- Albrecht VAN den BOSCH, Gedelegeerd bestuurder
- Albrecht VAN den BOSCH, Bestuurder
- PITTOORS Francis, Bestuurder
Technical details
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}| Legal nameNL | Airco Radeco |
| AbbreviationNL | Radeco |