Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Air Developments from Deerlijk, company number BE0704959376, closed financial year 2025 with a result of € -65,966 after tax. For that financial year Air Developments recorded a gross margin of € -58,630 and equity of € 17,089. Compared with financial year 2024, the result moved from € -92,027 to € -65,966. The company made a loss. The buffer shrank hard: equity is 79 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.
€ 17,089
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,966
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 37,109
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -425,769.
People and assets in 2025
€ 655
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 61,500
▼ 45% vs 2024
€ 31,500 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,758
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 552
▲ 76% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -90,684 | € -62,990 | € -15,804 | € -58,630 | ▼ € 42,827 |
| Profit after taxes | € -109,057 | € -85,286 | € -92,027 | € -65,966 | ▲ € 26,061 |
| Equity | € -26,190 | € 175,082 | € 83,055 | € 17,089 | ▼ 79% |
| Total debts | € 162,706 | € 142,303 | € 127,330 | € 79,503 | ▼ 38% |
| Cash | € 38,424 | € 241,191 | € 132,626 | € 37,109 | ▼ 72% |
| Retained profit | € -182,490 | € -267,776 | € -359,803 | € -425,769 | ▼ € 65,966 |
| Bank debt | € 146,500 | € 111,500 | € 111,500 | € 61,500 | ▼ 45% |
| Balance sheet total | € 136,516 | € 317,385 | € 210,385 | € 96,592 | ▼ 54% |
Key figures of Air Developments, 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 January 2027.
What happened to Air Developments?
What happened at Air Developments in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 65,966. filed late Source: NBB ↗
- DM VDC BV stepped down as director. NBB
- REC XVI NV became a director. NBB
- SUMMA NV stepped down as director. NBB
- DM VDC BV became a director. NBB
- SUMMA NV became a director. NBB
- New establishment in Deerlijk. KBO
- NIKO LECLUYSE BV became a director. NBB
In short
From € 109,057 loss in 2022 to € 65,966 loss in 2025.
Paid € 654 in corporate taxes since 2022.
Management
The stake of SUMMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Air DevelopmentsBehind Air Developments are NIKO LECLUYSE BV, REC XVI NV and ICO INVEST Comm.V. The shares are held by SUMMA (32.8%).
Directors
According to the 2025 annual accounts
Director · represented by Niko LECLUYSE
Also active at: GRO PROJECT, AgilePoint EMEA
since 2018
Director · represented by Erwin COK
since 2025
Director · represented by Ignace COSAERT
Also active at: ATHENA GRAPHICS, iMatch, doQmind, SOLTRA
Director · represented by Stefan VAN DER CRUYSSE
since 2023 · until 2025
Director · represented by Erwin COK
since 2023 · until 2025
Shareholders
32.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pontstraat 46
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0704.959.376
- VAT number
- BE 0704.959.376
- Registered office
- Pontstraat 46, 8540 Deerlijk
- Names & denominations
- Air Developments
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2018
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.