Financials
- Financial year
- 2023
- Turnover
- €181,547
- Profit
- €7,851
- Solvency
- 36.8%
CITY AIR
ActiveSummary
The computed 12-month bankruptcy probability of CITY AIR is 7.9% (elevated). For CITY AIR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €30,885 and a net result of €7,851. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 48% of 5,972 sector peers (NACE 49, financial year 2023). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Scheduled passenger transport by road
NACE 49310
1 site
Size
€181,547turnover 2023
- Equity
- €30,885
- Profit
- €7,851
Financial health
- Bankruptcy probabilitywithin 12 months
- 7.9%
2023 figures too old to score
Structure
2024 accounts not filed, 451 days past the deadline7 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2023 (filed 01-08-2024)2 financial years not filed after the legal deadline; 2 of the last 3 lateSize: turnover €181,547, total assets €83,948Two or more financial years not filedlowers riskFounded in 2007neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency
62+10
equity 36.8% of total assets
Liquidity
43-4
short-term debt 29.6% · cash 4.3%
Profitability
81+13
return on assets 9.4%
Bankruptcy probability, 12 months
7.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.5%
12-2024: 1.5%● unchanged vs 11-2024
01-2025: 1.6%▲ +0.1 percentage points vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.5%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025
08-2025: 2.2%▲ +0.5 percentage points vs 07-2025
09-2025: 2.4%▲ +0.2 percentage points vs 08-2025
10-2025: 2.8%▲ +0.4 percentage points vs 09-2025
11-2025: 3.0%▲ +0.2 percentage points vs 10-2025
12-2025: 3.7%▲ +0.7 percentage points vs 11-2025
01-2026: 5.8%▲ +2.1 percentage points vs 12-2025
02-2026: 5.8%● unchanged vs 01-2026
03-2026: 5.9%▲ +0.1 percentage points vs 02-2026
04-2026: 5.4%▼ -0.5 percentage points vs 03-2026
05-2026: 5.4%● unchanged vs 04-2026
06-2026: 5.4%● unchanged vs 05-2026
07-2026: 5.4%● unchanged vs 06-2026
08-2026: 7.1%▲ +1.7 percentage points vs 07-2026
09-2026: 7.9%▲ +0.8 percentage points vs 08-2026highest value
10-2026: 7.9%● unchanged vs 09-2026highest value
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline25-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
1 day early
2022
85 days late
2021
66 days late
2020
13 days late
2019
112 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 55 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Back to profitnet €7,851
- Annual accounts filedfinancial year 2022 · micro…
Key points
By topic
Timeline
- Events
- 17
- Since
- 2009
- 05-10-2022Annual accounts filed
- 13-08-2021Annual accounts filed
- 20-11-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Scheduled passenger transport by roadNACE 49310
- Founded
- 28-06-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about CITY AIR
- What is the company number of CITY AIR?
- 0890.411.005. In Belgium the VAT number is the company number with BE in front: BE 0890.411.005.
- Where is CITY AIR based?
- The registered office is at Rue de Fernelmont(CH) 39, 5020 Namur.Company details
- What does CITY AIR do?
- According to the KBO register, the main activity is scheduled passenger transport by road (NACE 49310).
- What is the legal form of CITY AIR?
- Private limited company (pre-2019) (BVBA).
- When was CITY AIR founded?
- On 28-06-2007.
- Is CITY AIR still active?
- Yes, CITY AIR is an active enterprise in the KBO register.
- How many employees does CITY AIR have?
- On average 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of CITY AIR?
- €181,547 in financial year 2023, according to the filed annual accounts.
- Is CITY AIR profitable?
- In financial year 2023, CITY AIR made a profit of €7,851.
- Where can I find the annual accounts of CITY AIR?
- CITY AIR filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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