OPENING OF BANKRUPTCY

Airlam

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Financial year 2024 · closed on 31/12/2024
Net result
-110,4 k €
-277.6% YoY
Gross margin
503,8 €
-96.7% YoY
Equity
173,4 k €
-39.6% YoY

Company — Opening of bankruptcy.

What does Airlam do?

Airlam is a Private limited company incorporated in 2019. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Rochefort.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0739.575.411
Incorporation
13/12/2019
Legal form
Private limited company
Registered office
Rue de la Griotte 2A
5580 Rochefort · WallonieSee on map
Contributed capital
298 375,00 €
Latest accounts
31/12/2024
Activities (NACE)
25210Manufacture of central heating radiators and boilers· main25210Manufacture of central heating radiators and boilers72109Research and experimental development on natural sciences and engineering72190Other research and experimental development on natural sciences and engineering63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities+2
Joint committees (1)
  • 100
Contacts
2 public details availableLog in to view
Signals
Solid equityHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin503,8 €15,2 k €14,5 k €4,9 k €2,1 k €
EBITDA-57,6 k €5,5 k €14,2 k €4 k €-436 €
Operating result-103,7 k €-25,8 k €11,3 k €3,8 k €-675,3 €
Net result-110,4 k €-29,2 k €8,2 k €1,2 k €-710 €
Balance sheet
Equity173,4 k €287 k €71,2 k €63 k €61,8 k €
Total assets521,4 k €451,1 k €294,2 k €232,9 k €153,4 k €
Cash71,9 k €121,1 k €70,3 k €63,2 k €108 k €
Debts332,3 k €161,8 k €222,6 k €169,4 k €91,7 k €
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 10 ended

Active mandates

Marc ULENS

Director · since 25 octobre 2023

Active
Alexandre DESCY

Director · since 13 décembre 2019

Active
Gilbert DESCY

Director · since 13 décembre 2019

Active

Ended mandates

Etienne VAN DEN BOGAERT

Director · since 25 octobre 2023

Ended
Alain DEVOS

Director · since 13 décembre 2019

Ended
GILBERT DESCY

Managing director · since 13 décembre 2019

Ended
Jean-Louis MENTIOR

Director · since 13 décembre 2019

Ended
Annual accounts

Full financial information

20242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202112/12/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months13 months
Filing date06/08/202509/08/202404/07/202315/09/202226/08/2021
General meeting15/04/202530/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202415/04/202506/08/2025FrenchPDF
Micro model31/12/202330/05/202409/08/2024FrenchPDF
Micro model31/12/202226/05/202304/07/2023FrenchPDF
Micro model31/12/202127/05/202215/09/2022FrenchPDF
Micro model31/12/202028/05/202126/08/2021FrenchPDF
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 31/12/2024 · 3 active · 10 ended

Active mandates

Marc ULENS

Director · since 25 octobre 2023

Active
Alexandre DESCY

Director · since 13 décembre 2019

Active
Gilbert DESCY

Director · since 13 décembre 2019

Active

Ended mandates

Etienne VAN DEN BOGAERT

Director · since 25 octobre 2023

Ended
Alain DEVOS

Director · since 13 décembre 2019

Ended
GILBERT DESCY

Managing director · since 13 décembre 2019

Ended
Jean-Louis MENTIOR

Director · since 13 décembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares24/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Other17/12/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2024
    Annual accounts 2024-110,4 k €↓
  2. 2023
    Annual accounts 2023-29,2 k €↓
  3. 2022
    Annual accounts 20228,2 k €↑
  4. 2021
    Annual accounts 20211,2 k €↑
  5. 2020
    Annual accounts 2020-710 €
  6. 13/12/2019
    IncorporationPrivate limited company