Skip to content

AERO 44

Active
Public limited companyfounded 200224 yrs activeRue Louis Bleriot 4, 6041 Charleroi, BelgiumKBO/BCE: BE 0478.326.103
Summary

AERO 44 has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of -€90,682. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Hotels and similar accommodation
NACE 55100Hotels NACE 55101
#8 company by total assets in Charleroi, Accommodation and food service sector1 site
Size
€4.6mtotal assets 2024
Staff
37.6 FTE
Equity
€2.0m
Loss
-€90,682
Financial health
55 Fair Checked score 2024
Bankruptcy chance 12 m
0.8%
Structure
Accounts 64 d overdue0 of 7 deeds read
Why 55Capped at 59: a confirmed filing finding- Figures for FY 2024 (filed 20-12-2025)- 1 financial year not filed after the legal deadline; latest accounts 139 days late; 2 of the last 3 late+ Founded in 2002+ Size: total assets €4.6mShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 49% of its sector peers (NACE 55, small)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 68-29
equity 43.3% of total assets
Liquidity 51-10
short-term debt 17.0% · cash 4.3%
Profitability 44-29
return on assets -2.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (576 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: 0.1%▲ +22.4% vs 02-2025 04-2025: 0.1%▲ +8.3% vs 03-2025 05-2025: 0.1%▲ +3.1% vs 04-2025 06-2025: 0.1%▲ +19.4% vs 05-2025 07-2025: 0.1%▲ +40.0% vs 06-2025 08-2025: 0.2%▲ +93.8% vs 07-2025 09-2025: 0.3%▲ +17.5% vs 08-2025 10-2025: 0.4%▲ +63.1% vs 09-2025 11-2025: 0.4%▲ +5.5% vs 10-2025 12-2025: 0.6%▲ +45.8% vs 11-2025 01-2026: 0.2%▼ -63.8% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%▲ +0.4% vs 02-2026 04-2026: 0.3%▲ +9.0% vs 03-2026 05-2026: 0.3%▲ +7.9% vs 04-2026 06-2026: 0.3%▲ +2.9% vs 05-2026 07-2026: 0.3%▲ +5.3% vs 06-2026 08-2026: 0.5%▲ +71.4% vs 07-2026 09-2026: 0.6%▲ +11.4% vs 08-2026 10-2026: 0.8%▲ +36.2% vs 09-2026highest value
  • Figures for FY 2024 (filed 20-12-2025) raises the probability
  • Founded in 2002 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 139 days late; 2 of the last 3 late raises the probability
  • Size: total assets €4.6m lowers the probability for this profile
Credit up to €110,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.58 against 0.99 in 2023; short-term debt: 17% and cash: 4.3% of total assets), and 56.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, small). Better than this share of them on solvency 66%, liquidity 58%, profitability 39%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2024 (filed 20-12-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2002
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 139 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €4.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
139 d late
2023
62 d late
2022
41 d early
2021
5 d early
2020
212 d late
2019
84 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 75 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Weakest financial yearnet -€90,682
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: From profit to loss in 2024after €107,993 in 2023 -€90,682 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: Company by total assets in Charleroi, Accommodation and…in the Checked rankings #8 View

By topic

Financials

Fiscal year
2024
Total assets
€4.6m
Loss
-€90,682
Solvency
43.3%
Total assets▲ 56.9%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 17-12-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 01-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
13-09-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.