ACTIVE

Air Developments

Financial year 2025 · closed on 30/06/2025
Net result
-66,0 k €
+28.3% YoY
Gross margin
-58,6 k €
-271.0% YoY
Equity
17,1 k €
-79.4% YoY

What does Air Developments do?

Air Developments is a Private limited company incorporated in 2018. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Deerlijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0704.959.376
Incorporation
24/09/2018
Legal form
Private limited company
Registered office
Pontstraat 46
8540 Deerlijk · FlandreSee on map
Contributed capital
442 857,47 €
Latest accounts
30/06/2025
Signals
Good liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin-58,6 k €-15,8 k €-63,0 k €-90,7 k €22,2 k €-30,4 k €-51,7 k €
EBITDA-59,3 k €-73,8 k €-63,7 k €-91,3 k €21,8 k €-30,9 k €-52,4 k €
Operating result-62,2 k €-86,0 k €-78,8 k €-105,8 k €16,8 k €-32,5 k €-56,5 k €
Net result-66,0 k €-92,0 k €-85,3 k €-109,1 k €16,0 k €-32,7 k €-56,8 k €
Balance sheet
Equity17,1 k €83,1 k €175,1 k €-26,2 k €82,9 k €66,8 k €99,5 k €
Total assets96,6 k €210,4 k €317,4 k €136,5 k €176,5 k €71,5 k €110,9 k €
Cash37,1 k €132,6 k €241,2 k €38,4 k €57,6 k €56,3 k €103,2 k €
Debts78,0 k €126,0 k €140,9 k €161,4 k €93,6 k €4,4 k €11,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 5 active · 8 ended

Active mandates

REC XVI

Director · since 15 mai 2025 · 0478.380.541

Represented by Erwin COK

Active
dm.vdc

Director · since 01 décembre 2023 · until 27 novembre 2025 · 0803.986.280

Represented by Stefan VAN DER CRUYSSE

Active
SUMMA

Director · since 26 mai 2023 · until 15 mai 2025 · 0452.285.759

Represented by Erwin COK

Active
NIKO LECLUYSE

Director · since 24 septembre 2018 · 0841.874.876

Represented by Niko LECLUYSE

Active
ICO INVEST

Director · 0832.180.123

Represented by Ignace COSAERT

Active

Ended mandates

Ignace COSAERT

Director · since 26 mai 2023

Ended
SUMMA

Director · since 26 mai 2023 · 0452.285.759

Represented by Erwin COK

Ended
NIKO LECLUYSE

Manager · since 24 septembre 2018 · 0841.874.876

Represented by Niko LECLUYSE

Ended
Stefan VAN DER CRUYSSE

Director · since 24 septembre 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
NIKO LECLUYSEActive
0841.874.876
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/02/202630/01/202521/12/202318/01/202320/01/202221/12/2020
General meeting29/12/202530/12/202401/12/202302/12/202223/12/202104/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202529/12/202505/02/2026DutchPDF
Micro model30/06/202430/12/202430/01/2025DutchPDF
Micro model30/06/202301/12/202321/12/2023DutchPDF
Micro model30/06/202202/12/202218/01/2023DutchPDF
Micro model30/06/202123/12/202120/01/2022DutchPDF
Micro model30/06/202004/12/202021/12/2020DutchPDF
Micro model30/06/201906/12/201906/01/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 5 active · 8 ended

Active mandates

REC XVI

Director · since 15 mai 2025 · 0478.380.541

Represented by Erwin COK

Active
dm.vdc

Director · since 01 décembre 2023 · until 27 novembre 2025 · 0803.986.280

Represented by Stefan VAN DER CRUYSSE

Active
SUMMA

Director · since 26 mai 2023 · until 15 mai 2025 · 0452.285.759

Represented by Erwin COK

Active
NIKO LECLUYSE

Director · since 24 septembre 2018 · 0841.874.876

Represented by Niko LECLUYSE

Active
ICO INVEST

Director · 0832.180.123

Represented by Ignace COSAERT

Active

Ended mandates

Ignace COSAERT

Director · since 26 mai 2023

Ended
SUMMA

Director · since 26 mai 2023 · 0452.285.759

Represented by Erwin COK

Ended
NIKO LECLUYSE

Manager · since 24 septembre 2018 · 0841.874.876

Represented by Niko LECLUYSE

Ended
Stefan VAN DER CRUYSSE

Director · since 24 septembre 2018

Ended
Shareholders

Ownership and network

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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 2025-66,0 k €
  2. 2024
    Annual accounts 2024-92,0 k €
  3. 2023
    Annual accounts 2023-85,3 k €
  4. 2022
    Annual accounts 2022-109,1 k €
  5. 2021
    Annual accounts 202116,0 k €
  6. 2020
    Annual accounts 2020-32,7 k €
  7. 2019
    Annual accounts 2019-56,8 k €
  8. 24/09/2018
    IncorporationPrivate limited company