Active BE 0597.853.659Private limited company (pre-2019)Open bankruptcy

Airventil

Toekomstlaan 13 ·3600 Genk, Belgium· 11 yrs active

Sector: Overige gespecialiseerde bouwactiviteiten, neg (43990)

Conclusion Checked

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.

Key figures

Equity	€15k
Net result	€19k
Staff (FTE)	7.3
Better than sector	12%

Financial profile 5 of 5 axes measured · computed by Checked

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

Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based

70 / 100

Severe riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· 2 judicial reorganisations (+20)

· Open bankruptcy (+50)

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 Flags0 events

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.

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.

The full score breakdown, per-year score history and the indicative credit limit are in 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.

Financial overview9 NBB filings

Annual accounts filed on 10-07-2024 with the NBB · fiscal year 2023 · micro

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%	38.6%	better than 12% of 9177 sector peers
Net result	€19k	€12k	better than 61% of 9162 sector peers
Equity	€15k	€30k	better than 30% of 9184 sector peers
Gross operating margin	€270k	€33k	better than 95% of 9151 sector peers
Staff costs	€237k	€26k	higher than 95% of 3379 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

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

Show 11 other metrics

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

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
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 ratio	1.00
Quick ratio	0.44
Working capital ratio	0.2%
Solvency	4.6%
Debt / equity	20.60
Long-term debt ratio	-
Interest coverage	5.58
Gross margin	-
Net margin	-
ROA	5.8%
ROE	126.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €14k · 4.4% Current assets €306k · 95.6%

Equity & liabilities

Equity €15k · 4.6% Debt €305k · 95.4%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
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

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

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)
Incorporation	10-02-2015
Status	Active
Postal code	3600
First BS signal	10-07-2024
Latest BS signal	30-10-2024

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).

Real-estate footprint Source: CBE × cadastre

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.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

30-10-2024

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · AIRVENTIL BV TOEKOMST- LAAN 13, 3600 GENK · event 24-10-2024

25-09-2024

Judicial reorganisation Plan homologation

Ondernemingsrechtbank Antwerpen · 20240015 · event 20-09-2024

10-07-2024

Judicial reorganisation Opening

Ondernemingsrechtbank Antwerpen · collectif · event 28-06-2024

10-07-2024