TAKEAIR

Active

Private limited companyfounded 2016active for 10 yearsArend de Keyserestraat 6B, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0658.744.222

Summary

The computed 12-month bankruptcy probability of TAKEAIR is 1.8% (moderate). The annual accounts of TAKEAIR for financial year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €225,619 and a net result of -€414,075. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 60 sector peers (NACE 21, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

TAKEAIRActiveChecked score 53/100

Risk analysis Report Compare

Activity

Manufacture of basic pharmaceutical products and pharmaceutical preparations

NACE 21100

1 site

Size

€1.5mtotal assets 2025

Staff: ≈ 1.2 FTE, estimated
Equity: €225,619
Loss: -€414,075

Turnover not published (abbreviated or micro format)

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.8%

Structure

Holdings: 1

PANNECOUCKE Jo PolDirector
SANTENS Frank Lieven Maria SylvainDirector
SANTENS JohanDirector

2025 accounts 172 days early3 of 11 deeds summarised

Why 53raises riskLoss of €414,075, the second in a row (financial year 2025)1 change of registered office in 24 months1 of the last 3 latelowers riskSize: total assets €1.5mShow the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 17% of its sector peers (NACE 21, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 40-31

equity 14.8% of total assets

Liquidity 7-21

short-term debt 83.4% · cash 2.3%

Profitability 0=

return on assets -27.2%

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (154 companies, NACE 21, micro)

Last 24 months 11-2024: 12.4% 12-2024: 12.6%▲ +0.2 percentage points vs 11-2024highest value 01-2025: 11.6%▼ -1.0 percentage point vs 12-2024 02-2025: 2.4%▼ -9.2 percentage points vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 1.6%▼ -0.8 percentage points vs 08-2025 10-2025: 5.1%▲ +3.5 percentage points vs 09-2025 11-2025: 5.1%● unchanged vs 10-2025 12-2025: 1.6%▼ -3.5 percentage points vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026lowest value 08-2026: 1.6%● unchanged vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.8%▲ +0.2 percentage points vs 09-2026

Credit of up to €11,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.19, compared with 0.28 in 2024, below 1; short-term debt: 83.4% and cash: 2.3% of total assets), and 85.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 21, micro): better than 37% on solvency, 7% on liquidity, 13% on profitability and 13% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €1.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Loss of €414,075, the second in a row (financial year 2025)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

1 of the last 3 late

NBB · filings

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

192021222425

2019 to 2025 · latest year -€414,075

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-08-2025, 172 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

172 days early

2024

3 days early

2022

131 days late

2021

1 day early

2020

128 days early

2019

on the day

2018

1 day 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 25 days before the deadline; the sector median (NACE 21) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end28-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

10-09-2025 Resignations: Johnston Donald Blair (director) and…Registered-office move
12-08-2025 Annual accounts filedfinancial year 2025 · abbreviated…
28-01-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Risk: 6 loss-making years in a rowloss financial year 2025 -€414,075 View
Caution: Equity fell in 2025from €639,693 to €225,619 ▼ 64.7% View
Board3 directors in office 3 View

By topic

Financials

Financial year: 2025
Total assets: €1.5m
Loss: -€414,075
Solvency: 14.8%

Total assets▲ 9.1%

Net result

20192025

Go to Financials

Board & ownership

Board: 3 members

PANNECOUCKE Jo PolDirector
SANTENS Frank Lieven Maria SylvainDirector
SANTENS JohanDirector

Go to Board & ownership

Network & group

Holdings: 1

1 holding

Go to Network & group

Timeline

Events: 13
Since: 2018
Next accounts: by 31-01-2027

16-07-2024Capital & shares · Amendment of the…
30-06-2024Equity above €500,000
22-11-2023Appointments: PANNECOUCKE Jo Pol, SANTENS Frank Lieven…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of basic pharmaceutical products and pharmaceutical preparationsNACE 21100
Founded: 05-07-2016
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 8

Annual meeting: Third Friday of December at 10:00

Go to Articles of association

Key facts about TAKEAIR

What is the company number of TAKEAIR?: 0658.744.222. In Belgium the VAT number is the company number with BE in front: BE 0658.744.222.
Where is TAKEAIR based?: The registered office is at Arend de Keyserestraat 6B, 9700 Oudenaarde.Company details
What does TAKEAIR do?: According to the KBO register, the main activity is manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21100).
What is the legal form of TAKEAIR?: Private limited company (BV).
When was TAKEAIR founded?: On 05-07-2016.
Is TAKEAIR still active?: Yes, TAKEAIR is an active enterprise in the KBO register.
How many employees does TAKEAIR have?: On average 1.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TAKEAIR?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TAKEAIR profitable?: In financial year 2025, TAKEAIR made a loss of €414,075.
Where can I find the annual accounts of TAKEAIR?: TAKEAIR filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TAKEAIR due?: By 31-01-2027, for financial year 2026.Timeline