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ATLANTIC BALLOONING

Active
Private limited companyfounded 1999active for 27 yearsPalingstraat 87, 9070 Destelbergen, BelgiumKBO/BCE: BE 0467.022.534
Summary

ATLANTIC BALLOONING has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €520,852 and a net result of €32,719. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 47% of 155 sector peers (NACE 51, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Air transport
NACE 51100
4th largest company by equity in East Flanders, Air transport sector1 site
Size
€1.3mtotal assets 2025
Equity
€520,852
Profit
€32,719
Turnover not published (abbreviated or micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 1 day early0 of 2 deeds read
Why 93raises riskLiquidity: current ratio 1.55, cash €26,305lowers riskSize: total assets €1.3mFounded in 1999Figures for financial year 2025 (filed 30-07-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 51, micro)
Financial strength · tick = 2024
Strong
Solvency 64+3
equity 38.8% of total assets
Liquidity 44-1
short-term debt 23.2% · cash 2.0%
Profitability 72-2
return on assets 2.4%
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 0.4% (202 companies, NACE 51, 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: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points 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%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.55, compared with 1.39 in 2024, above the usual 1.5; short-term debt: 23.2% and cash: 2% of total assets), but 61.2% 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 51, micro): better than 48% on solvency, 34% on liquidity, 54% on profitability and 48% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 30-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.55, cash €26,305
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
1 day early
2022
5 days early
2021
5 days early
2020
3 days early
2019
on the day
← 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 2 days before the deadline; the sector median (NACE 51) for financial year 2024 is 10 days before the deadline, and 35% 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 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 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. Annual accounts filedfinancial year 2024 · micro…
  3. Equity above €500,000equity €520,229 ▲12%

Key points

  • Positive: Among the best 6% on equitysector median €41,675 · 155 companies €520,852 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €32,719 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.3m
Profit
€32,719
Solvency
38.8%
Total assets▼ 6.8%
Net result
20182025
Go to Financials

Timeline

Events
31
Since
2001
Next accounts
by 31-07-2027
  1. 30-07-2024Annual accounts filed
  2. 26-07-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Air transportNACE 51100
Founded
11-10-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ATLANTIC BALLOONING

What is the company number of ATLANTIC BALLOONING?
0467.022.534. In Belgium the VAT number is the company number with BE in front: BE 0467.022.534.
Where is ATLANTIC BALLOONING based?
The registered office is at Palingstraat 87, 9070 Destelbergen.Company details
What does ATLANTIC BALLOONING do?
According to the KBO register, the main activity is air transport (NACE 51100).
What is the legal form of ATLANTIC BALLOONING?
Private limited company (BV).
When was ATLANTIC BALLOONING founded?
On 11-10-1999.
Is ATLANTIC BALLOONING still active?
Yes, ATLANTIC BALLOONING is an active enterprise in the KBO register.
What is the turnover of ATLANTIC BALLOONING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ATLANTIC BALLOONING profitable?
In financial year 2025, ATLANTIC BALLOONING made a profit of €32,719.
Where can I find the annual accounts of ATLANTIC BALLOONING?
ATLANTIC BALLOONING filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ATLANTIC BALLOONING due?
By 31-07-2027, for financial year 2026.Timeline

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