ACTIVE

AIR PLUS

Export PDF

Financial year 2025 · closed on 30/11/2025

Net result

476,8 k €

-21.3% YoY

Gross margin

2,9 M €

-33.2% YoY

Equity

2,5 M €

+12.4% YoY

Workforce

3,1 ETP

-80.4% YoY

What does AIR PLUS do?

AIR PLUS is a Private limited company incorporated in 2000. Its registered office is in Zemst. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.270.639

Incorporation

28/02/2000

Legal form

Private limited company

Registered office

Hoge Buizen 59
1980 Zemst · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/11/2025

Average workforce

3,1 ETP

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,9 M €	-33.2%	4,3 M €	-16.2%	5,2 M €	+21.8%	4,3 M €	+65.9%	2,6 M €	+34.8%	1,9 M €	+16.5%	1,6 M €	+15.0%	1,4 M €	+20.5%	1,2 M €	+8.8%	1,1 M €	+4.8%	1 M €	+6.9%	966,9 k €	+1.3%	954,6 k €	+16.4%	820 k €	+11.1%	738,1 k €	+21.8%	606,1 k €	+12.6%	538,4 k €	+7.0%	503,4 k €	+43.4%	351 k €	+21.5%	288,9 k €
EBITDA	2,5 M €	-5.6%	2,7 M €	-4.9%	2,8 M €	+20.0%	2,3 M €	+104%	1,1 M €	+44.2%	796,2 k €	+12.2%	709,5 k €	+16.4%	609,7 k €	+34.7%	452,7 k €	+8.9%	415,9 k €	+3.1%	403,3 k €	+8.8%	370,7 k €	-16.7%	445 k €	+17.4%	379,2 k €	+0.8%	376,1 k €	+20.4%	312,3 k €	+8.1%	289 k €	+1.7%	284,1 k €	+34.8%	210,8 k €	+11.0%	189,9 k €
Operating result	880,9 k €	-19.6%	1,1 M €	-20.7%	1,4 M €	+24.9%	1,1 M €	+228%	337,3 k €	+138%	141,9 k €	+5.2%	134,9 k €	+26.0%	107 k €	+75.8%	60,9 k €	-2.3%	62,3 k €	-14.6%	73 k €	+124%	32,5 k €	-50.8%	66,1 k €	-9.2%	72,8 k €	+0.7%	72,3 k €	+47.4%	49 k €	-16.1%	58,4 k €	-29.9%	83,4 k €	+220%	26,1 k €	-37.8%	41,9 k €
Net result	476,8 k €	-21.3%	606 k €	-32.6%	899 k €	+17.6%	764,6 k €	+279%	201,6 k €	+171%	74,4 k €	+8.0%	68,9 k €	+78.3%	38,6 k €	+610%	5,4 k €	+52.3%	3,6 k €	-25.3%	4,8 k €	+127%	2,1 k €	-57.9%	5 k €	+20.3%	4,2 k €	-42.8%	7,3 k €	+314%	-3,4 k €	-234%	2,5 k €	-91.6%	30,2 k €	+3197%	-976,2 €	-106%	17,3 k €
Balance sheet
Equity	2,5 M €	+12.4%	2,2 M €	+17.8%	1,9 M €	+65.8%	1,1 M €	+103%	560,2 k €	+56.2%	358,6 k €	+26.2%	284,2 k €	+32.0%	215,3 k €	+21.8%	176,7 k €	+3.2%	171,3 k €	+2.1%	167,7 k €	+2.9%	163 k €	+1.3%	160,9 k €	+3.2%	155,8 k €	+2.7%	151,7 k €	+5.0%	144,4 k €	-2.3%	147,8 k €	+1.7%	145,3 k €	+20.4%	120,7 k €	-0.8%	121,6 k €
Total assets	7,3 M €	-14.2%	8,6 M €	-3.6%	8,9 M €	+14.3%	7,8 M €	+58.2%	4,9 M €	+20.8%	4,1 M €	+34.5%	3 M €	+43.8%	2,1 M €	-0.4%	2,1 M €	+5.8%	2 M €	+5.0%	1,9 M €	-5.0%	2 M €	+28.7%	1,6 M €	+8.6%	1,4 M €	-4.8%	1,5 M €	+12.5%	1,3 M €	+24.7%	1,1 M €	-3.2%	1,1 M €	+2.0%	1,1 M €	+39.5%	776 k €
Cash	501,2 k €	+13.8%	440,5 k €	+71.4%	257 k €	+90.7%	134,8 k €	+16.4%	115,8 k €	+165%	43,8 k €	-74.7%	173,2 k €	+5968%	2,9 k €	+41.6%	2 k €	-42.7%	3,5 k €	-78.9%	16,6 k €	+11.8%	14,9 k €	-66.7%	44,7 k €	-47.3%	84,8 k €	+4225%	2 k €	-86.4%	14,4 k €	+144%	5,9 k €	+639%	800 €	-43.6%	1,4 k €	-50.4%	2,9 k €
Debts	4,8 M €	-23.6%	6,3 M €	-9.5%	7 M €	+9.5%	6,4 M €	+47.3%	4,3 M €	+17.1%	3,7 M €	+35.4%	2,7 M €	+45.2%	1,9 M €	-2.6%	1,9 M €	+6.1%	1,8 M €	+5.3%	1,7 M €	-5.6%	1,8 M €	+31.9%	1,4 M €	+9.2%	1,3 M €	-5.6%	1,3 M €	+13.4%	1,2 M €	+29.4%	917,8 k €	-4.0%	955,8 k €	-0.6%	961,8 k €	+47.0%	654,4 k €
Other
Workforce	3,1 ETP	-80.4%	15,8 ETP	-34.2%	24,0 ETP	+6.2%	22,6 ETP	+29.1%	17,5 ETP	+17.4%	14,9 ETP	+12.0%	13,3 ETP	+7.3%	12,4 ETP	+0.8%	12,3 ETP	+19.4%	10,3 ETP	-2.8%	10,6 ETP	+7.1%	9,9 ETP	+17.9%	8,4 ETP	+13.5%	7,4 ETP	+8.8%	6,8 ETP	+23.6%	5,5 ETP	+10.0%	5,0 ETP	+6.4%	4,7 ETP	-4.1%	4,9 ETP	+75.0%	2,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/11/2025 · 3 active · 3 ended

Active mandates

PIETER MARIEN

Director · since 01 janvier 2024

Active

Stijn Mariën

Director · since 01 janvier 2024

Active

Luc Moerenhout

Director · since 08 mars 2000

Active

Ended mandates

Luc Moerenhout

Administrator - manager

Ended

Luc MOERENHOUT

Manager

Ended

LUC MOERENHOUT

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Air Plus Energy Solutions● Active	0803.741.208
LPSK 59● Active	1012.377.320

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/06/2026	11/06/2025	06/06/2024	20/06/2023	30/05/2022	01/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/11/2025	29/05/2026	04/06/2026	Dutch	PDF
Abridged model	30/11/2024	30/05/2025	11/06/2025	Dutch	PDF
Abridged model	30/11/2023	31/05/2024	06/06/2024	Dutch	PDF
Abridged model	30/11/2022	26/05/2023	20/06/2023	Dutch	PDF
Abridged model	30/11/2021	27/05/2022	30/05/2022	Dutch	PDF
Abridged model	30/11/2020	28/05/2021	01/06/2021	Dutch	PDF
Abridged model	30/11/2019	29/05/2020	22/06/2020	Dutch	PDF
Abridged model	30/11/2018	31/05/2019	28/06/2019	Dutch	PDF
Abridged model	30/11/2017	25/05/2018	28/06/2018	Dutch	PDF
Abridged model	30/11/2016	26/05/2017	13/07/2017	Dutch	PDF
Abridged model	30/11/2015	27/05/2016	29/06/2016	Dutch	PDF
Abridged model	30/11/2014	29/05/2015	30/07/2015	Dutch	PDF
Abridged model	30/11/2013	30/05/2014	30/06/2014	Dutch	PDF
Abridged model	30/11/2012	31/05/2013	17/06/2013	Dutch	PDF
Abridged model	30/11/2011	25/05/2012	25/06/2012	Dutch	PDF
Abridged model	30/11/2010	27/05/2011	30/05/2011	Dutch	PDF
Abridged model	30/11/2009	28/05/2010	09/06/2010	Dutch	PDF
Abridged model	30/11/2008	29/05/2009	08/06/2009	Dutch	PDF
Abridged model	30/11/2007	30/05/2008	15/07/2008	Dutch	PDF
Abridged model	30/11/2006	25/05/2007	01/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 30/11/2025 · 3 active · 3 ended

Active mandates

PIETER MARIEN

Director · since 01 janvier 2024

Active

Stijn Mariën

Director · since 01 janvier 2024

Active

Luc Moerenhout

Director · since 08 mars 2000

Active

Ended mandates

Luc Moerenhout

Administrator - manager

Ended

Luc MOERENHOUT

Manager

Ended

LUC MOERENHOUT

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office27/06/2003
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 2025476,8 k €↓
2024
Annual accounts 2024606 k €↓
2023
Annual accounts 2023899 k €↑
2022
Annual accounts 2022764,6 k €↑
2021
Annual accounts 2021201,6 k €↑
2020
Annual accounts 202074,4 k €↑
2019
Annual accounts 201968,9 k €↑
2018
Annual accounts 201838,6 k €↑
2017
Annual accounts 20175,4 k €↑
2016
Annual accounts 20163,6 k €↓
2015
Annual accounts 20154,8 k €↑
2014
Annual accounts 20142,1 k €↓
2013
Annual accounts 20135 k €↑
2012
Annual accounts 20124,2 k €↓
2011
Annual accounts 20117,3 k €↑
2010
Annual accounts 2010-3,4 k €↓
2009
Annual accounts 20092,5 k €↓
2008
Annual accounts 200830,2 k €↑
2007
Annual accounts 2007-976,2 €↓
2006
Annual accounts 200617,3 k €
28/02/2000
IncorporationPrivate 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

AIR PLUS

Overview

What does AIR PLUS do?

Trend over 20 financial years

Indicative valuation

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