ACTIVE

AIRSYS

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Financial year 2025 · closed on 30/06/2025

Net result

9,6 k €

-76.2% YoY

Gross margin

201,3 k €

-10.0% YoY

Equity

90,5 k €

+1.2% YoY

What does AIRSYS do?

AIRSYS is a Private limited company incorporated in 2002. Its registered office is in Boutersem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.776.180

Incorporation

28/01/2002

Legal form

Private limited company

Registered office

Leuvensesteenweg 445
3370 Boutersem · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/06/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	201,3 k €	-10.0%	223,7 k €	+2.4%	218,5 k €	+3.3%	211,6 k €	+21.5%	174,1 k €	+29.7%	134,2 k €	-14.9%	157,6 k €	+3.8%	151,9 k €	+5.7%	143,7 k €	+15.1%	124,8 k €	-6.7%	133,8 k €	-5.3%	141,3 k €	-10.2%	157,4 k €	-10.3%	175,5 k €	-1.7%	178,6 k €	-19.9%	223 k €	+39.0%	160,5 k €	+92.5%	83,4 k €
EBITDA	34,8 k €	-55.7%	78,6 k €	-5.9%	83,5 k €	+3.5%	80,7 k €	+44.0%	56 k €	+106%	27,2 k €	-17.9%	33,2 k €	+33.9%	24,8 k €	+49.0%	16,6 k €	+61.5%	10,3 k €	-79.3%	49,7 k €	-1.1%	50,3 k €	+6.9%	47 k €	+54.2%	30,5 k €	+27.8%	23,9 k €	-33.0%	35,6 k €	+14.2%	31,2 k €	+3476%	872,6 €
Operating result	19,8 k €	-68.9%	63,6 k €	-9.6%	70,3 k €	-4.5%	73,6 k €	+50.4%	49 k €	+203%	16,2 k €	-37.7%	26 k €	+14.9%	22,6 k €	+91.5%	11,8 k €	+135%	5 k €	-87.1%	39 k €	+134%	16,7 k €	-54.8%	36,9 k €	+97.1%	18,7 k €	+41.0%	13,3 k €	-56.5%	30,5 k €	+8.3%	28,2 k €	+2164%	-1,4 k €
Net result	9,6 k €	-76.2%	40,5 k €	-18.6%	49,7 k €	-4.0%	51,8 k €	+78.5%	29 k €	+238%	8,6 k €	-59.6%	21,3 k €	+186%	-24,8 k €	-4.5%	-23,7 k €	-2651%	929,7 €	-95.8%	22,3 k €	+374%	4,7 k €	-73.7%	17,9 k €	+214%	5,7 k €	+2.4%	5,6 k €	-66.5%	16,6 k €	+15.2%	14,4 k €	+349%	-5,8 k €
Balance sheet
Equity	90,5 k €	+1.2%	89,5 k €	+82.5%	49 k €	-1.9%	49,9 k €	+1.7%	49,1 k €	+144%	20,1 k €	-40.6%	33,8 k €	+169%	12,6 k €	-66.4%	37,3 k €	-38.8%	61,1 k €	+1.5%	60,1 k €	+59.0%	37,8 k €	+14.2%	33,1 k €	+118%	15,2 k €	+60.1%	9,5 k €	+142%	3,9 k €	+131%	-12,7 k €	+53.2%	-27,1 k €
Total assets	224,8 k €	-0.4%	225,7 k €	-13.9%	262,1 k €	+0.4%	261,1 k €	+23.9%	210,7 k €	+7.0%	196,8 k €	-3.5%	204 k €	-2.9%	210 k €	+14.2%	183,9 k €	-23.4%	240,1 k €	-8.1%	261,2 k €	-8.6%	285,7 k €	-13.3%	329,3 k €	-32.3%	486,7 k €	+13.1%	430,3 k €	-8.8%	472,1 k €	+29.2%	365,3 k €	-11.4%	412,5 k €
Cash	55,4 k €	-17.1%	66,8 k €	-28.2%	93 k €	+55.6%	59,8 k €	+15.5%	51,8 k €	+168%	19,3 k €	-29.6%	27,5 k €	+196%	9,3 k €	+66.2%	5,6 k €	+6.2%	5,3 k €	-13.1%	6 k €	-58.5%	14,6 k €	+2.1%	14,3 k €	-31.3%	20,8 k €	+750%	2,4 k €	-66.0%	7,2 k €	-47.2%	13,6 k €	-16.7%	16,3 k €
Debts	134,3 k €	-1.4%	136,2 k €	-36.1%	213 k €	+0.9%	211,1 k €	+30.7%	161,5 k €	-8.6%	176,7 k €	+3.9%	170,2 k €	-13.8%	197,4 k €	+34.7%	146,5 k €	-18.2%	179,1 k €	-10.9%	201 k €	-18.9%	247,9 k €	-16.3%	296,2 k €	-37.2%	471,5 k €	+12.0%	420,8 k €	-10.1%	468,2 k €	+23.8%	378 k €	-14.0%	439,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		2,2 ETP	-4.3%	2,3 ETP	0.0%	2,3 ETP	-11.5%	2,6 ETP	-7.1%	2,8 ETP	-15.2%	3,3 ETP	-10.8%	3,7 ETP	+42.3%	2,6 ETP	+85.7%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

Erik Vanborren

Director · since 17 novembre 2023

Active

Ended mandates

ERIK VANBORREN

Manager · since 01 janvier 2006

Ended

ERIK VANBORREN

Manager · since 23 mai 2003

Ended

Erik Vanborren

Director

Ended

ERIK VANBORREN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
EDEN● Active	0461.211.343

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	30/01/2025	29/01/2024	06/01/2023	22/12/2021	28/01/2021
General meeting	23/12/2025	14/12/2024	24/11/2023	20/12/2022	10/12/2021	11/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	23/12/2025	29/01/2026	Dutch	PDF
Micro model	30/06/2024	14/12/2024	30/01/2025	Dutch	PDF
Micro model	30/06/2023	24/11/2023	29/01/2024	Dutch	PDF
Micro model	30/06/2022	20/12/2022	06/01/2023	Dutch	PDF
Micro model	30/06/2021	10/12/2021	22/12/2021	Dutch	PDF
Micro model	30/06/2020	11/12/2020	28/01/2021	Dutch	PDF
Micro model	30/06/2019	13/12/2019	03/01/2020	Dutch	PDF
Micro model	30/06/2018	23/11/2018	19/02/2019	Dutch	PDF
Micro model	30/06/2017	15/12/2017	16/02/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	09/02/2017	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	25/02/2016	Dutch	PDF
Abridged model	30/06/2014	30/12/2014	26/01/2015	Dutch	PDF
Abridged model	30/06/2013	30/12/2013	24/02/2014	Dutch	PDF
Abridged model	30/06/2012	30/11/2012	13/02/2013	Dutch	PDF
Abridged model	30/06/2011	30/12/2011	13/02/2012	Dutch	PDF
Abridged model	30/06/2010	30/12/2010	26/01/2011	Dutch	PDF
Abridged model	30/06/2009	30/12/2009	12/02/2010	Dutch	PDF
Abridged model	30/06/2008	27/12/2008	10/02/2009	Dutch	PDF
Abridged model	30/06/2007	27/12/2007	30/01/2008	Dutch	PDF
Abridged model	30/06/2006	15/12/2006	15/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/06/2025 · 1 active · 4 ended

Active mandates

Erik Vanborren

Director · since 17 novembre 2023

Active

Ended mandates

ERIK VANBORREN

Manager · since 01 janvier 2006

Ended

ERIK VANBORREN

Manager · since 23 mai 2003

Ended

Erik Vanborren

Director

Ended

ERIK VANBORREN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/03/2007
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Mandates13/06/2003
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

2025
Annual accounts 20259,6 k €↓
2024
Annual accounts 202440,5 k €↓
2023
Annual accounts 202349,7 k €↓
2022
Annual accounts 202251,8 k €↑
2021
Annual accounts 202129 k €↑
2020
Annual accounts 20208,6 k €↓
2019
Annual accounts 201921,3 k €↑
2018
Annual accounts 2018-24,8 k €↓
2017
Annual accounts 2017-23,7 k €↓
2016
Annual accounts 2016929,7 €↓
2015
Annual accounts 201522,3 k €↑
2014
Annual accounts 20144,7 k €↓
2013
Annual accounts 201317,9 k €↑
2012
Annual accounts 20125,7 k €↑
2011
Annual accounts 20115,6 k €↓
2010
Annual accounts 201016,6 k €↑
2009
Annual accounts 200914,4 k €↑
2008
Annual accounts 2008-5,8 k €
28/01/2002
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

AIRSYS

Overview

What does AIRSYS do?

Trend over 18 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