Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 24 to 3.1.
Financials
Financial year 2025
AIR PLUS from Zemst, company number BE0471270639, closed financial year 2025 with a result of € 476,799 after tax. For that financial year AIR PLUS recorded a gross margin of € 2.9 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 606,016 to € 476,799. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 2.5 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 476,799
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 501,167
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
42 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.1
▼ 12.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 332,834
▼ 80% vs 2024
€ 107,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 432,256
▼ 39% vs 2024
Of which on lease € 347,779.
Debts at end 2025
€ 4.2 million
▼ 23% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 111,771
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 106,340
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,259,948 | € 5,187,928 | € 4,346,612 | € 2,902,427 | ▼ 33% |
| Profit after taxes | € 764,578 | € 899,005 | € 606,016 | € 476,799 | ▼ 21% |
| Equity | € 1,138,745 | € 1,887,751 | € 2,223,767 | € 2,500,566 | ▲ 12% |
| Total debts | € 6,625,339 | € 6,987,612 | € 6,327,951 | € 4,833,047 | ▼ 24% |
| Cash | € 134,799 | € 257,047 | € 440,539 | € 501,167 | ▲ 14% |
| Land & buildings | € 1,674,650 | € 1,662,488 | € 1,998,296 | € 1,949,074 | ▼ 2% |
| Retained profit | € 1,120,145 | € 1,869,151 | € 2,205,167 | € 2,481,966 | ▲ 13% |
| Dividend | € 186,000 | € 150,000 | € 270,000 | € 200,000 | ▼ 26% |
| Bank debt | € 4,797,550 | € 5,594,436 | € 5,499,124 | € 4,227,962 | ▼ 23% |
| Balance sheet total | € 7,764,084 | € 8,875,362 | € 8,551,718 | € 7,333,613 | ▼ 14% |
| Employees (FTE) | 22.6 | 24 | 15.8 | 3.1 | ▼ 12.7 |
Key figures of AIR PLUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to AIR PLUS?
What happened at AIR PLUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 476,799 (▼ 21% vs 2024). Source: NBB ↗
- Pieter Mariën became a director. NBB
- Stijn Mariën became a director. NBB
- New establishment in Zemst. KBO
- Luc Moerenhout became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 764,578 profit in 2022 to € 476,799 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 899,005 profit.
On average € 936,300 of value added per employee in 2025.
Management
Behind AIR PLUS are Luc Moerenhout, Pieter Mariën and Stijn Mariën. Luc Moerenhout is also behind S.E.T. TUNING. Pieter Mariën is also behind Air Plus Energy Solutions. Stijn Mariën is also behind Air Plus Energy Solutions.
Directors
According to the 2025 annual accounts
since 2000
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Hoge Buizen 59
1980 Zemst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.270.639
- VAT number
- BE 0471.270.639
- Registered office
- Hoge Buizen 59, 1980 Zemst
- Names & denominations
- AIR PLUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2000
- Peppol
- Active · Active since 16 Sept 2026
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