Parent and group
- CADIMMAIR66.88%
Aviation Academics
ActiveSummary
Aviation Academics has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,743) and a net result of -€1,565. Equity fluctuates too strongly from year to year to read a trend from it. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 11-08-2004 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.147.890.794 8400 Oostende, since 11-08-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Board and ownership
Shareholders
- OSTEND AIR COLLEGE100%· score 942024 annual accounts of OSTEND AIR COLLEGE
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- -€1,500
- ▼ 21.8%
- Loss
- €1,565
- ▲ 10.1%
- Equity
- -€2,743
- ▼ 133%
- Total assets
- €2,684
- ▲ 39.7%
- Negative equity on 31-12-2025
- 2025 accounts filed 28 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€2,743Loss of €1,565, the second in a row (financial year 2025)lowers riskSize: total assets €2,684Sector: Education (NACE 85)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 12% of micro companies in education (NACE 85)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
0=
equity -102.2% of total assets
Liquidity
50+19
short-term debt 202.2% · cash 61.9%
Profitability
0=
return on assets -58.3%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▼ -0.1 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.4%▼ -0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 6% of them on solvency, 33% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2,743
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 days late
2024
29 days late
2023
29 days late
2022
31 days late
2021
31 days late
2020
27 days late
2019
47 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 32 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Incorporation
Companies linked to Aviation Academics
Key facts about Aviation Academics
- What is the company number of Aviation Academics?
- The company number of Aviation Academics is 0866.727.761. The VAT number is the same number with BE in front: BE 0866.727.761.
- Where is Aviation Academics based?
- The registered office is at Nieuwpoortsesteenweg 945B, 8400 Oostende.Company details
- What is the legal form of Aviation Academics?
- The legal form of Aviation Academics is Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was Aviation Academics founded?
- Aviation Academics was founded on 11-08-2004.
- Is Aviation Academics still active?
- Yes, Aviation Academics is an active enterprise in the KBO register.
- What is the turnover of Aviation Academics?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it. In financial year 2018 turnover was €36,000.Financials
- Is Aviation Academics profitable?
- In financial year 2025, Aviation Academics made a loss of €1,565.
- Where can I find the annual accounts of Aviation Academics?
- Aviation Academics filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Aviation Academics due?
- Aviation Academics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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