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BRUSSELS AVIATION SCHOOL

Active
Private limited companyfounded 2007active for 19 yearsRue des Fusillés 1, 6040 Charleroi, BelgiumKBO/BCE: BE 0890.324.297
Summary

BRUSSELS AVIATION SCHOOL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,092 and a net result of €41,209. Equity has been growing by about 53% per year since 2018. Its solvency ranks better than 30% of 2,598 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-06-2007 Normal situation
Activity
Education NACE 85532
Establishment unit
2.167.374.532 6040 Charleroi, since 20-06-2007
Financial year end
31 December
Peppol
Reachable since 23-09-2025

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€316,024
▲ 116%
Turnover
≈ €480,000
estimated
Profit
€41,209
▲ 6.0%
Equity
€228,092
▲ 163%
Total assets
€1.2m
▲ 29.5%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskSize: total assets €1.2mSector: Education (NACE 85)Liquidity: current ratio 0.73, cash €322,106Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Average
Solvency 44+10
equity 18.8% of total assets
Liquidity 60+20
short-term debt 47.5% · cash 26.5%
Profitability 73-1
return on assets 3.4%
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% (3,821 companies, NACE 85, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.3 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.73 (0.64 in 2024), below 1. Short-term debt is 47.5% and cash 26.5% of total assets. 81.2% 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 29% of them on solvency, 47% on liquidity, 47% on profitability and 94% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Liquidity: current ratio 0.73, cash €322,106
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 days late
2024
31 days late
2023
29 days late
2022
92 days late
2021
61 days late
2020
31 days late
2019
200 days late
← 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 68 days after 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 31 August (4 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: Equity rose in 2025from €86,892 to €228,092 ▲ 163% View
  • Positive: More equity than 86% of companies in educationsector median €32,733 · 2,603 companies €228,092 View
  • Positive: 7 profitable years in a rowprofit 2025: €41,209 7 years View

Recent changes

  1. · Gazette deed Resignations: COLLETTE Cédric (director) and MAINGARD Alexandra (director)Reappointments: COLLETTE Cédric (director) and MAINGARD Alexandra (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as BRUSSELS AVIATION SCHOOL: education (NACE 85532). They are comparable in size and age: total assets between €635,000 and €1.4m, founded between 1988 and 2015.

CompanyTotal assetsGross margin
BRUSSELS AVIATION SCHOOL Charleroi€1.2m€0.3m
AIR ACADEMY NEW CAG Charleroi€0.9m€0.3m
EuroPilot Center Antwerpen€1.0m€0.6m
Air Transport Performance Dendermonde€0.7m€0.1m
STUDIES & DEVELOPMENT Liège€0.6m€0.1m
CHIC Koksijde€0.9m€0.2m
Confluence Pont-à-Celles€1.4m€0.1m
Full comparison

Key facts about BRUSSELS AVIATION SCHOOL

What is the company number of BRUSSELS AVIATION SCHOOL?
The company number of BRUSSELS AVIATION SCHOOL is 0890.324.297. The VAT number is the same number with BE in front: BE 0890.324.297.
Where is BRUSSELS AVIATION SCHOOL based?
The registered office is at Rue des Fusillés 1, 6040 Charleroi.Company details
What does BRUSSELS AVIATION SCHOOL do?
According to the KBO register, the main activity is education (NACE 85532).
What is the legal form of BRUSSELS AVIATION SCHOOL?
The legal form of BRUSSELS AVIATION SCHOOL is Private limited company (BV).
When was BRUSSELS AVIATION SCHOOL founded?
BRUSSELS AVIATION SCHOOL was founded on 25-06-2007.
Is BRUSSELS AVIATION SCHOOL still active?
Yes, BRUSSELS AVIATION SCHOOL is an active enterprise in the KBO register.
How many employees does BRUSSELS AVIATION SCHOOL have?
BRUSSELS AVIATION SCHOOL had an average of 0.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of BRUSSELS AVIATION SCHOOL?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €316,024 and 38 comparable companies (NACE 85). It probably lies between €340,000 and €760,000.
Is BRUSSELS AVIATION SCHOOL profitable?
In financial year 2025, BRUSSELS AVIATION SCHOOL made a profit of €41,209.
Where can I find the annual accounts of BRUSSELS AVIATION SCHOOL?
BRUSSELS AVIATION SCHOOL filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BRUSSELS AVIATION SCHOOL due?
BRUSSELS AVIATION SCHOOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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