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S.T. Air Isolation

Active
Private limited company·Installatie van isolatie· 2 yrs active
Houtemsesteenweg 2/1 ·1800 Vilvoorde, Belgium
KBO/BCE: BE 1006.663.129
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Belgian State Gazette acts: 0 of 1 read
Age2 yrs
Real estate1 parcel · 1,497 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of S.T. Air Isolation is 4.1% (elevated). The 2024 annual accounts show negative equity (€-9k) and a net result of €-9k. Its solvency ranks better than 9% of 11123 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.1% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

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
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. 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 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 28-08-2025 28 d late 2025-00452539

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
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

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€-9k
Working capital€-9k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -3.4% 40.9%
better than 9% of 11123 sector peers
Net result €-9k €11k
better than 10% of 11107 sector peers
Equity €-9k €34k
better than 5% of 11128 sector peers
Gross operating margin €-8k €35k
better than 5% of 11096 sector peers
Total assets €257k €94k
better than 84% of 11123 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€-9k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€257k
Equity€-9k
Debt€265k
of which ≤ 1y€265k
of which > 1y-
Working capital€-9k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.97
Quick ratio0.97
Working capital ratio-3.4%
Solvency-3.4%
Debt / equity-30.39
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-3.4%
ROE100.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (16 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€257k
Current assets 29/58€257k
Amounts receivable within one year 40/41€157k
Cash & bank 54/58€99k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€257k
Equity 10/15€-9k
Accumulated profits (losses) 14€-9k
Amounts payable 17/49€265k
Amounts payable within one year 42/48€265k
Trade debts payable within one year 44€135k
Income statement
Gross operating margin 9900€-8k
Operating result 9901€-9k
Financial charges 65€2
Result before taxes 9903€-9k
Net result for the period 9904€-9k
Result to be appropriated 9905€-9k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
25 / 100 Weak
050100
Computed from 3 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 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Houtemsesteenweg 2/1, 1800 Vilvoorde
Isolatiewerkzaamheden
since 20242.357.524.127
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,497 m²
Buildings1
Building footprint149 m²
Volume (LiDAR)1,096 m³
Tallest building9.3 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.
23643G0376/00T000 Flanders 1,497 m² 1 · 149 m² 9.3 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Financial profile

4 of 5 axes measured
Health25Profitability100Solvency44Growth-Stability67
59 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 25
Profitability 100
Solvency 44
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

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

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 338 of the 4,248 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Installatie van isolatie43230Isolatiewerkzaamheden43291
Primary activity highlighted.
Names & trade names
Legal nameNL S.T. Air Isolation
Registered office
Houtemsesteenweg 2/1
1800 Vilvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.