OPENING OF BANKRUPTCY

Airco Radeco

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Financial year 2022 · closed on 31/12/2022

Net result

96,5 k €

+7.4% YoY

Gross margin

1,5 M €

+0.6% YoY

Equity

643,3 k €

+17.6% YoY

Workforce

20,5 ETP

-4.2% YoY

Company — Opening of bankruptcy.

What does Airco Radeco do?

Airco Radeco is a Public limited company incorporated in 1986. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Antwerpen. It employs on average 20,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0429.023.971

Incorporation

27/05/1986

Legal form

Public limited company

Registered office

Manebruggestraat 296
2150 Antwerpen · FlandreSee on map

Contributed capital

92 933,45 €

Latest accounts

31/12/2022

Average workforce

20,5 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,5 M €	+0.6%	1,5 M €	+3.7%	1,4 M €	+2.6%	1,4 M €	+9.3%	1,3 M €	+40.4%	907,5 k €	-45.0%	1,6 M €	+26.3%	1,3 M €	+15.6%	1,1 M €	+3.9%	1,1 M €	-22.0%	1,4 M €	+17.1%	1,2 M €	+28.2%	928,4 k €	-2.9%	956 k €	+0.8%	948,2 k €	-11.4%	1,1 M €	+50.6%	710,7 k €
EBITDA	212,3 k €	-4.8%	223,1 k €	-33.0%	332,9 k €	-7.4%	359,5 k €	-14.2%	419,1 k €	+125%	186,3 k €	-77.8%	838,2 k €	+51.6%	553 k €	+341%	125,5 k €	-29.7%	178,6 k €	-62.8%	480,2 k €	+40.8%	341,1 k €	+64.5%	207,3 k €	-33.6%	312,1 k €	+13.3%	275,4 k €	-48.5%	534,4 k €	+95.2%	273,8 k €
Operating result	166 k €	+4.3%	159,2 k €	-38.1%	257,2 k €	-10.0%	285,7 k €	-14.9%	335,9 k €	+45.3%	231,2 k €	-44.2%	414,2 k €	+53.8%	269,3 k €	+55.3%	173,4 k €	+1165%	13,7 k €	-91.5%	160,4 k €	-16.3%	191,7 k €	+241%	56,2 k €	-61.5%	146,1 k €	+64.4%	88,8 k €	-75.3%	359,2 k €	+261%	99,4 k €
Net result	96,5 k €	+7.4%	89,9 k €	-46.9%	169,3 k €	-8.3%	184,8 k €	-4.3%	193,1 k €	+49.6%	129,1 k €	-46.9%	243,3 k €	+140%	101,6 k €	+259%	28,3 k €	-27.2%	38,9 k €	-57.0%	90,3 k €	+124%	40,3 k €	+246%	-27,7 k €	-210%	25,2 k €	+51.1%	16,7 k €	-75.9%	69,1 k €	+369637%	18,7 €
Balance sheet
Equity	643,3 k €	+17.6%	546,8 k €	+19.7%	456,9 k €	+24.3%	367,5 k €	+23.7%	297,1 k €	+186%	104 k €	-78.0%	472,6 k €	-88.7%	4,2 M €	+1.5%	4,1 M €	-0.3%	4,1 M €	+1.1%	4,1 M €	+79.8%	2,3 M €	+1.8%	2,2 M €	-1.2%	2,3 M €	-12.7%	2,6 M €	+0.3%	2,6 M €	+689%	327,1 k €
Total assets	2,7 M €	+3.8%	2,6 M €	-2.5%	2,7 M €	+15.0%	2,3 M €	+14.9%	2 M €	+35.0%	1,5 M €	-38.9%	2,5 M €	-72.6%	9 M €	-1.5%	9,1 M €	+17.6%	7,7 M €	+2.6%	7,5 M €	+37.0%	5,5 M €	+0.1%	5,5 M €	+21.9%	4,5 M €	-7.5%	4,9 M €	-2.5%	5 M €	+77.9%	2,8 M €
Cash	385,2 k €	+242%	112,7 k €	-56.2%	257,4 k €	-52.4%	540,3 k €	+70.2%	317,5 k €	+104%	155,8 k €	-68.7%	497,8 k €	+155%	195,6 k €	+36.9%	142,9 k €	-55.6%	321,9 k €	-10.3%	358,6 k €	+28.7%	278,7 k €	-40.7%	470 k €	+45.6%	322,7 k €	+376%	67,8 k €	-53.7%	146,2 k €	+33.2%	109,7 k €
Debts	2,1 M €	+0.1%	2,1 M €	-7.0%	2,2 M €	+13.3%	2 M €	+13.4%	1,7 M €	+23.8%	1,4 M €	-24.7%	1,9 M €	-60.6%	4,7 M €	-3.8%	4,9 M €	+39.9%	3,5 M €	+1.2%	3,5 M €	+7.0%	3,2 M €	-1.0%	3,3 M €	+45.9%	2,2 M €	-2.3%	2,3 M €	-5.5%	2,4 M €	-2.4%	2,5 M €
Other
Workforce	20,5 ETP	-4.2%	21,4 ETP	+12.6%	19,0 ETP	+3.3%	18,4 ETP	+21.9%	15,1 ETP	+1.3%	14,9 ETP	+3.5%	14,4 ETP	-2.0%	14,7 ETP	-5.2%	15,5 ETP	-1.9%	15,8 ETP	-7.1%	17,0 ETP	0.0%	17,0 ETP	+6.3%	16,0 ETP	+23.1%	13,0 ETP	0.0%	13,0 ETP	+4.8%	12,4 ETP	+14.8%	10,8 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 21 ended

Active mandates

Albrecht Van den Bosch

Managing director · until 21 juin 2029

Active

Fun Loving Consulting

Director · until 21 juin 2029 · 0818.119.279

Active

Pim Van den Bosch

Director · until 21 juin 2029

Active

Ended mandates

Albrecht Van den Bosch

Managing director · since 04 juin 2021 · until 04 juin 2027

Ended

Francis Pittoors

Director · since 04 juin 2021 · until 04 juin 2027

Ended

Fun Loving Consulting

Managing director · since 04 juin 2021 · until 04 juin 2027 · 0818.119.279

Represented by Matthias Meyers

Ended

Albrecht Van den Bosch

Managing director · since 03 juin 2015 · until 04 juin 2021

Ended

At this address

Other companies at this address

Company	CBE no.
ANTWERP AIRCONDITIONING BEDRIJF● Active	0646.995.344
MARKIES● Active	0432.169.939

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/06/2023	17/06/2022	08/06/2021	16/06/2020	11/07/2019	27/07/2018
General meeting	02/06/2023	03/06/2022	04/06/2021	05/06/2020	07/06/2019	01/06/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2022	02/06/2023	06/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	08/06/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	16/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	08/06/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	05/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	07/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	22/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	10/08/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 21 ended

Active mandates

Albrecht Van den Bosch

Managing director · until 21 juin 2029

Active

Fun Loving Consulting

Director · until 21 juin 2029 · 0818.119.279

Active

Pim Van den Bosch

Director · until 21 juin 2029

Active

Ended mandates

Albrecht Van den Bosch

Managing director · since 04 juin 2021 · until 04 juin 2027

Ended

Francis Pittoors

Director · since 04 juin 2021 · until 04 juin 2027

Ended

Fun Loving Consulting

Managing director · since 04 juin 2021 · until 04 juin 2027 · 0818.119.279

Represented by Matthias Meyers

Ended

Albrecht Van den Bosch

Managing director · since 03 juin 2015 · until 04 juin 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other19/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares30/11/2023
KAPITAAL - AANDELEN
PDF
Mandates02/03/2023
BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Restructuring31/10/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring01/07/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates17/09/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2022
Annual accounts 202296,5 k €↑
2021
Annual accounts 202189,9 k €↓
2021
Name changeRadeco
2020
Annual accounts 2020169,3 k €↓
2019
Annual accounts 2019184,8 k €↓
2018
Annual accounts 2018193,1 k €↑
2017
Annual accounts 2017129,1 k €↓
2016
Annual accounts 2016243,3 k €↑
2015
Annual accounts 2015101,6 k €↑
2014
Annual accounts 201428,3 k €↓
2013
Annual accounts 201338,9 k €↓
2012
Annual accounts 201290,3 k €↑
2011
Annual accounts 201140,3 k €↑
2010
Annual accounts 2010-27,7 k €↓
2009
Annual accounts 200925,2 k €↑
2008
Annual accounts 200816,7 k €↓
2007
Annual accounts 200769,1 k €↑
2006
Annual accounts 200618,7 €
2006
Name changeTHE RAFAEL & DEREK ICE CREAM COMPANY
27/05/1986
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Airco Radeco

Overview

What does Airco Radeco do?

Trend over 17 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline