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Airventil

Active
Private limited company (pre-2019)·Overige gespecialiseerde bouwactiviteiten, neg· 11 yrs active
Toekomstlaan 13 ·3600 Genk, Belgium
Open bankruptcy
KBO/BCE: BE 0597.853.659
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age11 yrs
Staff (FTE)7.3

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for Airventil according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show equity of €15k and a net result of €19k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

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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.

Insolvency timeline

3 events
30-10-2024
Bankruptcy Opening
Date: 24-10-2024 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · AIRVENTIL BV TOEKOMST- LAAN 13, 3600 GENK · Publications in State Gazette ↗
25-09-2024
Judicial reorganisation Plan homologation
Date: 20-09-2024 · Ondernemingsrechtbank Antwerpen · 20240015 · Publications in State Gazette ↗
10-07-2024
Judicial reorganisation Opening
Date: 28-06-2024 · Ondernemingsrechtbank Antwerpen · collectif · Publications in State Gazette ↗

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9100 sector peers (2023).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-07-2024, 21 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 9 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 10-07-2024 21 d early 2024-00226363
31-12-2022 31-07-2023 30-06-2023 31 d early 2023-00180550
31-12-2021 31-07-2022 05-07-2022 26 d early 2022-20132971
31-12-2020 31-07-2021 21-06-2021 40 d early 2021-22400498
31-12-2019 31-07-2020 24-06-2020 37 d early 2020-20400468
31-12-2018 31-07-2019 28-08-2019 28 d late 2019-54000080
31-12-2017 31-07-2018 25-10-2018 86 d late 2018-70100442
31-12-2016 31-07-2017 10-08-2017 10 d late 2017-43000586
31-12-2015 31-07-2016 17-08-2016 17 d late 2016-43500246

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€19k
Working capital€738
Directors2

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 10-07-2024 with the NBB · fiscal year 2023 · micro
€-100k€-50k€0€50kOperating result 2019: €10k€10kNet result 2019: €29k€29kOperating result 2020: €13k€13kNet result 2020: €37k€37kOperating result 2021: €9k€9kNet result 2021: €642€642Operating result 2022: €-63k€-63kNet result 2022: €-65k€-65kOperating result 2023: €24k€24kNet result 2023: €19k€19k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 4.6% 38.7%
better than 11% of 9100 sector peers
Net result €19k €12k
better than 61% of 9085 sector peers
Equity €15k €30k
better than 30% of 9106 sector peers
Gross operating margin €270k €33k
better than 95% of 9074 sector peers
Staff costs €237k €26k
higher than 95% of 3340 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P11
2020: P24 · n=16332021: P40 · n=35492022: P9 · n=65332023: P11 · n=91002020 2023
Weakening position over 2020-2023 · n=1633-9100
Net result P61
2020: P52 · n=16262021: P22 · n=35402022: P5 · n=65182023: P61 · n=90852020 2023
Weakening position over 2020-2023 · n=1626-9085
Equity P30
2020: P61 · n=16352021: P74 · n=35522022: P6 · n=65392023: P30 · n=91062020 2023
Weakening position over 2020-2023 · n=1635-9106
Gross operating margin P95
2020: P95 · n=16242021: P95 · n=35402022: P86 · n=65122023: P95 · n=90742020 2023
Stable position over 2020-2023 · n=1624-9074
Describes the position versus peers, not a forecast.
EBITDA
€32k
- 18-23
Net profit
€19k
- 18-23
Cash flow
€26k
- 18-23
Total assets
€320k
+3.1% 18-23
Equity
€15k
- 18-23
Working capital
€738
- 18-23
Employees (FTE)
7
+7.4% 18-23
Staff costs
€237k
+35.8% 18-23
Income taxes
€3k
-41.0% 18-23
Debt
€305k
-2.8% 18-23
Debt ≤ 1y
€305k
-2.8% 18-23
Debt > 1y
€15k
-38.6% 18-23
Current ratio
1.00
+10.1% 18-23
Quick ratio
0.44
-31.9% 18-23
Solvency
4.6%
- 18-23
Debt / equity
20.60
- 18-23
ROE
126.1%
-92.5% 18-23
ROA
5.8%
- 18-23
Interest coverage
5.58
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€32k
Net profit€19k
Cash flow€26k
Staff costs€237k
Income taxes-
Dividends-
Total assets€320k
Equity€15k
Debt€305k
of which ≤ 1y€305k
of which > 1y-
Working capital€738
Employees (FTE)7.3
Ratios (computed)
2023
Current ratio1.00
Quick ratio0.44
Working capital ratio0.2%
Solvency4.6%
Debt / equity20.60
Long-term debt ratio-
Interest coverage5.58
Gross margin-
Net margin-
ROA5.8%
ROE126.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€320k
Fixed assets 21/28€14k
Tangible fixed assets 22/27€725
Financial fixed assets 28€13k
Current assets 29/58€306k
Stocks & contracts in progress 3€172k
Amounts receivable within one year 40/41€126k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€320k
Equity 10/15€15k
Contributions / capital 10/11€19k
Reserves 13€4k
Accumulated profits (losses) 14€-8k
Amounts payable 17/49€305k
Amounts payable within one year 42/48€305k
Trade debts payable within one year 44€195k
Income statement
Gross operating margin 9900€270k
Operating result 9901€24k
Financial income 75€52
Financial charges 65€6k
Result before taxes 9903€19k
Net result for the period 9904€19k
Result to be appropriated 9905€19k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
6 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

3 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

2 mandates
Role Name Tenure Source
Curator BERNARD TOPPET HOEGARS
BILZERSTEENWEG 263, 3700 TONGEREN
24-10-2024 → present Belgian State Gazette
Curator PHILIPPE GHESQUIERE
BILZER- STEENWEG 263, 3700 TONGEREN
24-10-2024 → present Belgian State Gazette

Legal Structure

NACE primary Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form Private limited company (pre-2019)(015)
Incorporation10-02-2015
StatusActive
Postal code3600
First BS signal 10-07-2024
Latest BS signal 30-10-2024

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

2 court or liquidation mandates are on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
Airventil
Toekomstlaan 13, 3600 GenkVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20152.239.994.472
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,083 m²
Buildings1
Building footprint527 m²
Volume (LiDAR)4,280 m³
Tallest building8.8 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71302A0032/00M038 Flanders 1,083 m² 1 · 527 m² 8.8 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

3 events from the State Gazette
30-10-2024
Bankruptcy Opening
Date: 24-10-2024 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · AIRVENTIL BV TOEKOMST- LAAN 13, 3600 GENK · Publications in State Gazette ↗
25-09-2024
Judicial reorganisation Plan homologation
Date: 20-09-2024 · Ondernemingsrechtbank Antwerpen · 20240015 · Publications in State Gazette ↗
10-07-2024
Judicial reorganisation Opening
Date: 28-06-2024 · Ondernemingsrechtbank Antwerpen · collectif · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-07-10 · Judicial reorganisation · Opening2024-09-25 · Judicial reorganisation · Plan homologation2024-10-30 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health6Profitability100Solvency14Growth32Stability0
30 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 6
Profitability 100
Solvency 14
Growth 32
Stability 0

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Installatie van isolatie43230Isolatiewerkzaamheden43291
Primary activity highlighted.
Names & trade names
Legal nameNL Airventil
Registered office
Toekomstlaan 13
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.