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Asl Fly Executive

Active
Private limited companyfounded 2014active for 12 yearsVoogdijstraat 29, 3500 Hasselt, BelgiumKBO/BCE: BE 0552.710.651

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Asl Fly Executive has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,047 and a net result of €156,366. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 80% of 838 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 15-05-2014 Normal situation
Registered office
29 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Education NACE 85532and 5 others
Establishment unit
2.230.894.387 3500 Hasselt, since 15-05-2014
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Elite Group NVDirector · since 25-03-2021

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€157,065
▲ 23×
Turnover
≈ €400,000
estimated
Profit
€156,366
▲ 29×
Equity
€12,047
Total assets
€15,176
▼ 2.6%
Filed on 09-07-2026, 22 days before the deadlineat the National Bank
Score breakdownlowers riskLiquidity: current ratio 4.85, cash €11,633Sector: Education (NACE 85)Equity €12,047 (79.4% of total assets)Figures for financial year 2025 (filed on 09-07-2026)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 89% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 100+100
equity 79.4% of total assets
Liquidity 93+93
short-term debt 20.6% · cash 76.7%
Profitability 100=
return on assets 1030.3%
Bankruptcy probability within 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% (3,820 companies, NACE 85, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.3%▼ -0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.85 (0.1 in 2024), above the usual 1.5. Short-term debt is 20.6% and cash 76.7% of total assets. 20.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 88% of them on solvency, 86% on liquidity, 90% on profitability and 91% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.85, cash €11,633
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Equity €12,047 (79.4% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
20 days early
2023
19 days early
2022
11 days early
2021
32 days early
2020
19 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 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 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €5,357 to €156,366 ▲ 29× View
  • Caution: Less equity than 86% of companies in educationsector median €486,607 · 839 companies €12,047 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Comparable companies

These companies have the same main activity as Asl Fly Executive: education (NACE 85532). They are comparable in size and age: total assets between €19,700 and €55,900, founded between 2005 and 2018.

CompanyTotal assetsGross margin
Asl Fly Executive Hasselt€15,176€157,065
UAS CONSULTING Sint-Gillis (bij-Brussel)€20,616€34,679
GPV Ieper€41,407€40,527
TOUCH & GO BVBA - AVIATION CONSULTANCY AND TRAINING Kapellen€33,098€29,319
EOLE AVIATION Eghezée€19,730€13,291
COP FLIGHT TRAINING Geraardsbergen€47,257€23,358
Xprz Antwerpen€55,903€21,395
Full comparison

Documents

Annual accounts at the NBB

All 11 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Asl Fly Executive

What is the company number of Asl Fly Executive?
The company number of Asl Fly Executive is 0552.710.651. The VAT number is the same number with BE in front: BE 0552.710.651.
Where is Asl Fly Executive based?
The registered office is at Voogdijstraat 29, 3500 Hasselt.Company details
What does Asl Fly Executive do?
According to the KBO register, the main activity is education (NACE 85532).
What is the legal form of Asl Fly Executive?
The legal form of Asl Fly Executive is Private limited company (BV).
When was Asl Fly Executive founded?
Asl Fly Executive was founded on 15-05-2014.
Is Asl Fly Executive still active?
Yes, Asl Fly Executive is an active enterprise in the KBO register.
How many employees does Asl Fly Executive have?
Asl Fly Executive had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Asl Fly Executive?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €157,065 and 1,644 comparable companies of the same size. It probably lies between €240,000 and €750,000. It is a rough estimate. In financial year 2019 turnover was €249,893.
Is Asl Fly Executive profitable?
In financial year 2025, Asl Fly Executive made a profit of €156,366.
Where can I find the annual accounts of Asl Fly Executive?
Asl Fly Executive filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Asl Fly Executive due?
Asl Fly Executive must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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