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AIR HIPPO

Active
Private limited companyfounded 2006active for 19 yearsLouis Ernottestraat 46, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0885.769.653
Summary

AIR HIPPO has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267,522 and a net result of €30,562. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 95% of 2,589 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other education
NACE 85599
8th oldest company in Watermaal-Bosvoorde, Education sector1 site
Size
€277,148total assets 2025
Equity
€267,522
Profit
€30,562
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 26 days late1 of 5 deeds summarised
Why 97lowers riskLiquidity: current ratio 15.72, cash €107,504Equity €267,522 (96.5% of total assets)Sector: Education (NACE 85)Size: total assets €277,148Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 85, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 96.5% of total assets
Liquidity 98+24
short-term debt 3.5% · cash 38.8%
Profitability 83+15
return on assets 11.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,812 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 15.72, compared with 36.06 in 2024, above the usual 1.5; short-term debt: 3.5% and cash: 38.8% of total assets), and 3.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 88% on solvency, 92% on liquidity, 64% on profitability and 65% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.
lowers riskraises risk
lowers risk · Liquidity: current ratio 15.72, cash €107,504
NBB · annual accounts
lowers risk · Equity €267,522 (96.5% of total assets)
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Size: total assets €277,148
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
33 days early
2023
37 days early
2022
28 days late
2021
26 days late
2020
27 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €30,562
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00449002.

Equity
€267,522▲ 12.9%
2024 · €236,960
Total assets
€277,148▲ 15.7%
2024 · €239,492
Net result
€30,562
2024 · -€723
Working capital
€141,677▲ 59.6%
2024 · €88,773
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 294 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€45,554 2025 Net result€30,562 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€20,027-€12,483▼ 37.7%-€12,966€47,210€71,840▲ 52.2%€61,926▼ 13.8%€155▼ 99.8%€45,554▲ 294×
Net result€8,427-€7,487▼ 11.1%-€13,006below the sector's middle half€34,707above the sector's middle half€48,668above the sector's middle half▲ 40.2%€41,763above the sector's middle half▼ 14.2%-€723within the sector's middle half€30,562above the sector's middle half
Equity€118,063-€125,550▲ 6.3%€112,544above the sector's middle half▼ 10.4%€147,251above the sector's middle half▲ 30.8%€195,919above the sector's middle half▲ 33.1%€237,683above the sector's middle half▲ 21.3%€236,960above the sector's middle half▼ 0.3%€267,522above the sector's middle half▲ 12.9%
Total assets€165,975-€282,354▲ 70.1%€264,382within the sector's middle half▼ 6.4%€244,626within the sector's middle half▼ 7.5%€206,370within the sector's middle half▼ 15.6%€244,174within the sector's middle half▲ 18.3%€239,492within the sector's middle half▼ 1.9%€277,148above the sector's middle half▲ 15.7%
Debt€47,912-€156,804▲ 227%€151,838▼ 3.2%€97,375▼ 35.9%€10,451▼ 89.3%€6,491▼ 37.9%€2,532▼ 61.0%€9,625▲ 280%
Working capital€2,313--€106,684-€106,087below the sector's middle half▲ 0.6%-€50,983below the sector's middle half▲ 51.9%€13,548within the sector's middle half€75,512above the sector's middle half▲ 457%€88,773above the sector's middle half▲ 17.6%€141,677above the sector's middle half▲ 59.6%
Solvency71.1%-44.5%▼ 26.7pp42.6%within the sector's middle half▼ 1.9pp60.2%within the sector's middle half▲ 17.6pp94.9%above the sector's middle half▲ 34.7pp97.3%above the sector's middle half▲ 2.4pp98.9%above the sector's middle half▲ 1.6pp96.5%above the sector's middle half▼ 2.4pp
Current ratio1.05-0.32▼ 0.730.30below the sector's middle half▼ 0.020.48below the sector's middle half▲ 0.182.30within the sector's middle half▲ 1.8212.63above the sector's middle half▲ 10.3436.06above the sector's middle half▲ 23.4315.72above the sector's middle half▼ 20.34
Return on assets (ROA)5.1%-2.7%▼ 2.4pp-4.9%below the sector's middle half▼ 7.6pp14.2%within the sector's middle half▲ 19.1pp23.6%above the sector's middle half▲ 9.4pp17.1%within the sector's middle half▼ 6.5pp-0.3%within the sector's middle half▼ 17.4pp11.0%within the sector's middle half▲ 11.3pp
above within below the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277,148
Fixed assets €125,845 ▼ 15.1%
Current assets €151,303 ▲ 65.7%
Equity and liabilities €277,148
Equity €267,522 ▲ 12.9%
Debt €9,625 ▲ 280%
Debt's share of the balance-sheet total rises from 1.1% to 3.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€69,118▲
2024 · €23,086
Cash flow
€54,127▲
2024 · €22,209
Debt to equity
0.04▲
2024 · 0.01
ROE
11.4%▲
2024 · -0.3%
Interest coverage
over 100▲
2024 · 67.02
Debt ≤ 1 year
€9,625▲
2024 · €2,532
Income taxes
€14,946▲
2024 · €533
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€239,492€277,148▲
Fixed assets21/28€148,187€125,845▼
Tangible fixed assets22/27€148,187€125,845▼
Land and buildings22€137,521€117,283▼
Plant, machinery and equipment23€10,222€7,372▼
Furniture and vehicles24€445€1,190▲
Current assets29/58€91,305€151,303▲
Amounts receivable within one year40/41€42,759€43,604▲
Trade receivables40€5,548€5,107▼
Other amounts receivable41€37,211€38,497▲
Cash at bank and in hand54/58€46,265€107,504▲
Deferred charges and accrued income490/1€2,281€195▼
Equity and liabilities
Total equity and liabilities10/49€239,492€277,148▲
Equity10/15€236,960€267,522▲
Contributions10/11€6,200€6,200=
Contributions outside capital11€6,200-
Other1109/19€6,200-
Reserves13€149,871€180,433▲
Non-distributable reserves130/1€8,819€8,819=
Reserves not available under the articles1311€8,819€8,819=
Distributable reserves133€141,052€171,614▲
Profit (loss) carried forward14€80,889€80,889=
Amounts payable17/49€2,532€9,625▲
Amounts payable within one year42/48€2,532€9,625▲
Trade debts44€1,483€6,569▲
Suppliers440/4€1,483€6,569▲
Taxes, remuneration and social security45€1,049€3,056▲
Taxes450/3€1,049€3,056▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,932€23,564▲
Other operating charges640/8€2,161€1,347▼
Gross operating margin9900€25,247€70,465▲
Operating profit (loss)9901€155€45,554▲
Financial income75/76B-€39
Recurring financial income75-€39
Non-recurring financial income76B-€39
Financial charges65/66B€344€85▼
Recurring financial charges65€344€85▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903-€190€45,508▲
Income taxes67/77€533€14,946▲
Profit (loss) for the period9904-€723€30,562▲
Profit (loss) for the period to be appropriated9905-€723€30,562▲
Appropriation of the result
Profit (loss) to be appropriated9906€80,889€111,451▲
Profit (loss) brought forward from the previous period14P€81,611€80,889▼
Transfer to equity691/2-€30,562
To other reserves6921-€30,562

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,021€27,246€21,574€20,398€20,613€21,373€22,932€23,564▲ 2.8%
Other operating charges640/8---€712€917€913€2,161€1,347▼ 37.7%
Gross operating margin9900€31,163€39,937€9,233€68,320€93,370€84,211€25,247€70,465▲ 179%
Operating profit (loss)9901€20,027€12,483-€12,966€47,210€71,840€61,926€155€45,554▲ 294×
Financial income75/76B---€331-€0-€39-
Recurring financial income75€16--€331-€0-€39-
Non-recurring financial income76B---€331-€0-€39-
Financial charges65/66B---€43€39€204€344€85▼ 75.3%
Recurring financial charges65€36€36€39€43€39€204€344€85▼ 75.3%
Non-recurring financial charges66B-------€0-
Profit (loss) for the period before taxes9903€14,336€12,447-€13,006€47,498€71,801€61,721-€190€45,508-
Income taxes67/77€5,909€4,960-€12,791€23,132€19,958€533€14,946▲ 28×
Profit (loss) for the period9904€8,427€7,487-€13,006€34,707€48,668€41,763-€723€30,562-
Profit (loss) for the period to be appropriated9905€8,427€7,487-€13,006€34,707€48,668€41,763-€723€30,562-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€165,975€282,354€264,382€244,626€206,370€244,174€239,492€277,148▲ 15.7%
Fixed assets21/28€115,749€232,234€218,632€198,234€182,371€162,171€148,187€125,845▼ 15.1%
Tangible fixed assets22/27€115,749€232,234€218,632€198,234€182,371€162,171€148,187€125,845▼ 15.1%
Land and buildings22---€198,234€177,996€157,759€137,521€117,283▼ 14.7%
Plant, machinery and equipment23----€4,375€3,687€10,222€7,372▼ 27.9%
Furniture and vehicles24-----€725€445€1,190▲ 168%
Current assets29/58€50,226€50,120€45,750€46,392€23,999€82,003€91,305€151,303▲ 65.7%
Amounts receivable within one year40/41€29,967€43,097€42,799€30,610€11,102€34,012€42,759€43,604▲ 2.0%
Trade receivables40------€5,548€5,107▼ 7.9%
Other amounts receivable41---€30,610€11,102€34,012€37,211€38,497▲ 3.5%
Cash at bank and in hand54/58€17,252€2,919€1,367€690€1,760€41,051€46,265€107,504▲ 132%
Deferred charges and accrued income490/1---€15,093€11,136€6,940€2,281€195▼ 91.4%
Equity and liabilities
Total equity and liabilities10/49€165,975€282,354€264,382€244,626€206,370€244,174€239,492€277,148▲ 15.7%
Equity10/15€118,063€125,550€112,544€147,251€195,919€237,683€236,960€267,522▲ 12.9%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Contributions outside capital11---€6,200€6,200€6,200€6,200--
Other1109/19---€6,200€6,200€6,200€6,200--
Reserves13€17,246€24,733€24,733€59,440€108,108€149,871€149,871€180,433▲ 20.4%
Non-distributable reserves130/1---€8,819€8,819€8,819€8,819€8,819=
Reserves not available under the articles1311---€8,819€8,819€8,819€8,819€8,819=
Distributable reserves133---€50,621€99,289€141,052€141,052€171,614▲ 21.7%
Profit (loss) carried forward14€94,617€94,617€81,611€81,611€81,611€81,611€80,889€80,889=
Amounts payable17/49€47,912€156,804€151,838€97,375€10,451€6,491€2,532€9,625▲ 280%
Amounts payable within one year42/48€47,912€156,804€151,838€97,375€10,451€6,491€2,532€9,625▲ 280%
Financial debts43---€2,302-----
Other loans439---€2,302-----
Trade debts44€514€2,887€1,350€50€2,113€1,585€1,483€6,569▲ 343%
Suppliers440/4---€50€2,113€1,585€1,483€6,569▲ 343%
Taxes, remuneration and social security45---€3,471€8,337€4,906€1,049€3,056▲ 191%
Taxes450/3---€3,471€8,337€4,906€1,049€3,056▲ 191%
Other amounts payable47/48---€91,552-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€8,427€7,487-€13,006€34,707€48,668€41,763-€723€30,562-
+ Depreciation and write-downs630€11,021€27,246€21,574€20,398€20,613€21,373€22,932€23,564▲ 2.8%
Operating cash flow (approximation)€19,448€34,733€8,569€55,104€69,281€63,136€22,209€54,127▲ 144%
Investment in fixed assets (approximation)--€143,731-€7,971€0-€4,750-€1,172-€8,948-€1,222▲ 86.3%
Change in cash--€14,333-€1,552-€677€1,071€39,291€5,214€61,238▲ 12×

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 26-08-2026 2026-00449002
31-12-2024 micro format 28-06-2025 2025-00212978
31-12-2023 micro format 24-06-2024 2024-00167297
31-12-2022 micro format 28-08-2023 2023-00405144
31-12-2021 micro format 26-08-2022 2022-20341732
31-12-2020 micro format 27-08-2021 2021-55500187
31-12-2019 micro format 31-08-2020 2020-49700164
31-12-2018 micro format 29-08-2019 2019-58200520
31-12-2017 full format 21-05-2018 2018-13300301
30-11-2016 full format 20-05-2017 2017-12800085

Show all 18 filings

Similar companies · same sector, comparable size

Of the 11,653 active companies whose main activity is other education (NACE 85599), figures are known for 1,354. 886 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

AIR HIPPO was incorporated on 19 December 2006.1 Total assets rose from €165,975 in 2018 to €277,148 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 26 days late
2025
31-12
Financial Back to profitnet €30,562
Net result €30,562 after one loss-making year.
28-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Liquidity more than doubledcurrent ratio 36.06
Current ratio from 12.63 to 36.06; short-term debt falls from €6,491 to €2,532.
24-06
NBB filing Annual accounts filed
financial year 2023 · micro format
16-02
Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
Capital conversion · Kind of shares · Board composition7 facts ▸
  • General meeting, 29-01-2024
  • Other provision, “constatation transformation en SRL et maintien de forme, conserver cette forme” (deed in French)
  • Capital conversion, “suppression des comptes statutairement indisponibles, compte de capitaux propres statutairement indisponible” (deed in French)
  • Amendment of the articles
  • Kind of shares, 100
  • Board composition, BRAET Christian (sole director)
  • Power of attorney, BRAET Christian
2023
31-12
Financial Liquidity more than 5 timescurrent ratio 12.63
Current ratio from 2.30 to 12.63; short-term debt falls from €10,451 to €6,491.
31-12
Financial Equity above €200,000equity €237,683 ▲21.3%
3 profitable years in a row build equity to €237,683.
28-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 28 days late
2022
31-12
Financial Highest result from 2018 to 2025net €48,668 ▲40.2%
Operating result €71,840, net result €48,668, both a record.
31-12
Financial Liquidity more than quadruplescurrent ratio 2.30
Current ratio from 0.48 to 2.30; short-term debt falls from €97,375 to €10,451.
31-12
Financial Equity above €150,000equity €195,919 ▲33.1%
2 profitable years in a row build equity to €195,919.
Show earlier events
26-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 26 days late
2021
31-12
Financial Back to profitnet €34,707
Net result €34,707 after one loss-making year.
27-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 27 days late
2020
31-12
Financial Weakest financial yearnet -€13,006
Net result drops to -€13,006, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 31 days late
2019
29-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 29 days late
2018
21-05
NBB filing Annual accounts filed
financial year 2017 · full format
2017
20-05
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded19-12-2006
Financial year end31-12
Activities, NACEBEL 2025
85599Other education
49410Freight transport by road
51100Air transport
52230Warehousing and support activities for transportation
93121Football clubs
Contact
Phone 02/6721761Watermaal-Bosvoorde
Fax 02/6721761Watermaal-Bosvoorde
E-invoicing
Reachable via Peppol
Peppol ID 0208:0885769653
Also 9925:BE0885769653
Registered 08-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2006
registered office establishment The establishment unit on the map
Ground area
1,712 m²
Building footprint
251 m²
Building volume
1,446 m³
2 parcels, Brussels · tallest building 8.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
AIR HIPPO
Louis Ernottestraat 46A, 1170 Watermaal-BosvoordeOther education
since 2006unit no. 2.159.166.055
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21017D0074/00H003 Brussels 1,281 m² 1 · 169 m² 8.3 m · 2
21017D0074/00G003 Brussels 432 m² 1 · 81 m² 8.6 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toutes opérations relatives à l’instruction dans le domaine du pilotage d’aéronefs.Cette instruction pourra se donner dans tous types…” (deed in French)
10 activities (deed in French)
  1. Toutes opérations relatives à l’instruction dans le domaine du pilotage d’aéronefs.Cette instruction pourra se donner dans tous types d’aéronefs,dans un simulateur ou dans une salle de cours.A cette fin,la société pourra effectuer tout achat ou location nécessaire à la réalisation de cet objet.
  2. Donner de l’instruction dans le domaine équestre,allant de l’apprentissage du cavalier et du dressage de chevaux.A cette fin,la société pourra effectuer tout achat ou location nécessaire à la réalisation de cet objet.
  3. S’occuper occasionnellement du déplacement des chevaux ainsi que des cavaliers.Pour ce faire,la société prévoit la mise en location d’un Van pour les transports des chevaux ainsi que d’un Mobil Home pour celui des cavaliers.
  4. L’achat,l’échange,la vente,la prise en location et en sous-location,ainsi que la cession en location ou en sous-location,le tout avec ou sans option d’achat,l’exploitation et l’entretien de maisons,appartements,chambres d’hôtels,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous les biens immobiliers,ainsi que leur opération de financement.
  5. Ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l’ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,des transformations et mise en valeur ainsi que l’étude et l’aménagement de lotissements y compris la construction de routes et égouts;souscrire des engagements en tant que conseiller en construction;acheter tous matériaux,signer tous contrats d’entreprises;réaliser toutes opérations de change,commission et courtage,ainsi que la gérance d’immeubles.
  6. Acheter,exploiter et construire tant pour elle-même que pour des tiers,par location ou autrement,tous parkings,garages,station-service et d’entretien.
  7. La conception,l’invention,la fabrication,la construction,l’importation,l’exportation,l’achat et la vente,la distribution,l’entretien,l’exploitation tant en nom propre qu’en qualité d’agent,de commissionnaire ou de courtier de tout bien mobilier accessoire aux biens immobiliers visés ci-dessus
  8. La prestation de tout service dans le cadre de son objet,y compris la gestion de patrimoine
  9. S’intéresser directement ou indirectement,par voie d’apport,de souscription,de cession,de participation,de fusion,d’intervention financière ou autrement dans toutes sociétés,associations ou entreprises,tant en Belgique qu’à l’étranger dont l’objet social serait similaire ou connexe au sien,ou simplement utile ou favorable à l’extension de ses opérations ou à la réalisation de tout ou partie de son objet.
  10. Faire toutes opération mobilières,immobilières,commerciales,industrielles,import-export,assurances,coaching se rapportant directement ou indirectement à son objet social ou pouvant contribuer à son développement.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
AIR HIPPO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger” (deed in French)

deed of 16-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Personnes physiques ou morales,actionnaires ou non, un ou plusieurs administrateurs” (deed in French)
“Mandat exercé gratuitement ou non, portée aux frais généraux” (deed in French)

deed of 16-02-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Cession d'actions, 11” (deed in French)

deed of 16-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
6 March at 19:00

deed of 16-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Décision de l’assemblée générale délibérant dans les formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“27, dissolution pour quelque cause et à quelque moment que ce soit” (deed in French)

deed of 16-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, préavis d'un mois par lettre recommandée” (deed in French)
Other provision: “Apport en numéraire avec émission de nouvelles actions-droit de préférence, organe qui procède à l'émission” (deed in French)
Other provision: “Nature des actions, 8” (deed in French)
Other provision: “Nature des autres titres, 9” (deed in French)
Other provision: “Indivisibilité des titres, 10” (deed in French)
Other provision: “Gestion journalière ainsi que représentation en ce qui concerne cette gestion, administrateur-délégué pour membres” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Assemblée générale électronique, répondu au cours de l'assemblée” (deed in French)
Other provision: “Admission à l’assemblée générale et vote, 19” (deed in French)
Other provision: “Administrateur ou à défaut actionnaire présent détenant le plus d’actions ou en cas de parité le plus âgé, séances et procès-verbaux” (deed in French)
Other provision: “Délibérations,procuration,majorité,vote en cas de démembrement ou décès, 21” (deed in French)
Other provision: “Organe d’administration, 3 semaines” (deed in French)
Other provision: “Pouvoirs de l’assemblée générale, ceux conférés par le Code des sociétés et des associations” (deed in French)
Liquidation distribution: “28, biens conservés remis pour être partagés dans la même proportion” (deed in French)
Other provision: “Siège, élection de domicile” (deed in French)
Other provision: “Tribunaux du siège,compétence exclusive, compétence judiciaire” (deed in French)
Other provision: “Droit commun, 31” (deed in French)
3 more provisions in the deed, see the deed of 16-02-2024

deed of 16-02-2024