ACTIVE

AIRX

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
18 k €
+406.6% YoY
Gross margin
415,3 k €
+25.8% YoY
Equity
185,9 k €
+10.7% YoY
Workforce
6,0 ETP
+11.1% YoY

What does AIRX do?

AIRX is a Private limited company incorporated in 2017. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Merelbeke-Melle. It employs on average 6,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0671.665.315
Incorporation
20/02/2017
Legal form
Private limited company
Registered office
Hundelgemsesteenweg 53 box A
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,0 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy81220Other building and industrial cleaning activities81220Other building and industrial cleaning activities
Signals
ProfitableLow riskGood liquidityPositive 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 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin415,3 k €330,1 k €310,7 k €238,8 k €240,1 k €103 k €27,9 k €-44,9 k €-19,3 k €
EBITDA46,6 k €25,7 k €124,9 k €20,4 k €84,1 k €88,7 k €25,1 k €-49,5 k €-20,4 k €
Operating result39,5 k €21,5 k €118,7 k €15,8 k €80,1 k €86,2 k €23 k €-51,4 k €-21,2 k €
Net result18 k €3,5 k €72,6 k €753,7 €56,2 k €68,4 k €21,9 k €-52,2 k €-21,9 k €
Balance sheet
Equity185,9 k €167,9 k €164,4 k €91,7 k €91 k €34,8 k €-33,6 k €-55,5 k €-6,9 k €
Total assets760,2 k €1 M €569,2 k €702,6 k €444 k €169,8 k €99,7 k €86,4 k €15,1 k €
Cash29,1 k €314,8 k €267,2 k €242,6 k €336 k €75,1 k €10,2 k €11,3 k €1,7 k €
Debts568,4 k €818,1 k €365,1 k €569,6 k €312,1 k €96,6 k €117,9 k €141,7 k €21,6 k €
Other
Workforce6,0 ETP5,4 ETP3,2 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

DIRK MERKEN

Director · since 16 février 2017

Active

Ended mandates

Dirk Merken

Manager · since 16 février 2017

Ended
Dirk Merken

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Dair● Active
0784.770.283
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202602/07/202525/06/202418/07/202305/08/202202/08/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202622/06/2026DutchPDF
Abridged model31/12/202413/06/202502/07/2025DutchPDF
Abridged model31/12/202314/06/202425/06/2024DutchPDF
Micro model31/12/202209/06/202318/07/2023DutchPDF
Micro model31/12/202110/06/202205/08/2022DutchPDF
Micro model31/12/202011/06/202102/08/2021DutchPDF
Micro model31/12/201912/06/202018/08/2020DutchPDF
Micro model31/12/201821/08/201931/08/2019DutchPDF
Micro model31/12/201708/06/201830/08/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 2 ended

Active mandates

DIRK MERKEN

Director · since 16 février 2017

Active

Ended mandates

Dirk Merken

Manager · since 16 février 2017

Ended
Dirk Merken

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office21/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office24/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office02/08/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/11/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/05/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/02/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202518 k €↑
  2. 2024
    Annual accounts 20243,5 k €↓
  3. 2023
    Annual accounts 202372,6 k €↑
  4. 2022
    Annual accounts 2022753,7 €↓
  5. 2021
    Annual accounts 202156,2 k €↓
  6. 2020
    Annual accounts 202068,4 k €↑
  7. 2019
    Annual accounts 201921,9 k €↑
  8. 2018
    Annual accounts 2018-52,2 k €↓
  9. 2017
    Annual accounts 2017-21,9 k €
  10. 20/02/2017
    IncorporationPrivate limited company