Equity
€1.8m ▲ 108%
Equity rose in 2025 from €863,610 to €1.8m.
dnata
Lifetime
6 annual accounts with figures on one time axispeak €20.2m (2025)
€20.2m▲ 26.3%
lowest -€5.8m (2020)
€931,091▲ €2.0m
peak €1.8m (2025)
€1.8m▲ 108%
€8.4m▲ 7.8%
peak 143.8 FTE (2025)
143.8 FTE▲ 8.0%
Board9 names since 2018
3 directors and 2 others
Owners
consolidates
Documentsfilings and deeds
27-10-20254 days before the deadline
2025financial year
Turnover from €16.0m to €20.2mBack to profit: €931,091Staff from 133.1 FTE to 143.8 FTEEquity from €863,610 to €1.8mCash from €704,183 to €1.2m
Key points
from the 2025 annual accountsDebts
€8.4m 82% of the balance sheet
Financial debts 24%Suppliers 42%Taxes and wages 20%Other 14%
Of this, €6.2m falls due within a year.
Investments
€101,990 0.2 × depreciation
Green is investment, beige is depreciation.
Staff
158 employees on 31-03-2025
In 2025, 68 people joined and 47 left. On top of that, 1.5 agency workers worked there on average.
Filings
6 annual accounts 13 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
€931,091
Higher net result than 95% of companies in air transport. Sector median €5,958 · 222 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 683 companies had the same profile as dnata has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
2.2%
stopped another way
0.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 683 companies, not a prediction for dnata. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Daily manager
Director
Director, since 01-04-2022
Director, since 01-06-2024
Auditor,
- consolidatesannual accounts 31-03-2025
Recent changes
1 director appointed, 1 reappointment
Permanent representative: · Appointment: (managing director) · Reappointment: · Board meeting of 25-03-2026 · Gazette deed
Reappointment: (statutory auditor)
Permanent representative: · General meeting of 06-04-2026 · Gazette deed
Appointment: (director)
General meeting of 27-05-2024 · Gazette deed
Resignation: (director)
General meeting of 07-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| dnata Machelen (Brab.) | €20.2m | 5.8% | 17.7% | 143.8 |
| N.V. MSE EUROPE S.A. Steenokkerzeel | €15.2m | 10.3% | 44.3% | 31.4 |
| FRACHT BELGIUM AIR Machelen (Brab.) | €11.2m | 4.1% | 50.3% | 9.7 |
| FERRARI BELGIUM Antwerp | - | - | 66.3% | 25 |
| A DRONE LOGISTICS COMPANY Antwerp | - | - | -41.7% | - |
| EAST AFRICAN CARGO Zaventem | - | - | 46.8% | - |
| Air Belgium Mont-Saint-Guibert | €94.2m | -22.7% | -65.2% | 114.1 |
Grey: the largest companies of the sector (air transport (NACE 51)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as dnata: freight air transport (NACE 51210). They are comparable in size and age: total assets between €1.2m and €34m, founded between 2003 and 2025.
Official details
Source: KBO- Status
- Active since 02-07-2018Normal situation
- Activity
- Freight air transportNACE 51210and 5 others
- Joint committees
- 104Steel industry
- 226White-collar workers in international trade, transport and logistics · annual accounts 31-03-2025
- Establishment units
- 2.277.858.7201830 Machelen (Brab.), since 02-07-2018
- 2.308.380.9571830 Machelen (Brab.), since 01-06-2020
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2025
- €10.2m▲ 17.8%
- Employeeson 31-03-2025
- 158▲ 15.3%
- Filing
- Filed on 27-10-2025
Insights on dnata
dnata has existed since 2018. The present size dates from 2021. Turnover rose that year from €5.6m to €11.7m and staff from 31.5 to 100.1 full-time equivalents. On 1 June 2020 a site was added.
Turnover has grown every year since 2022. Solvency rose in 2025 from 10.0% to 17.7% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about dnata
- What is the company number of dnata?
- The company number of dnata is 0699.474.522. The VAT number is the same number with BE in front: BE 0699.474.522.
- Where is dnata based?
- The registered office is at Bedrijvenzone Machelen-Cargo zn, 1830 Machelen (Brab.).Company details
- What does dnata do?
- According to the KBO register, the main activity is freight air transport (NACE 51210).
- What is the legal form of dnata?
- dnata is a public limited company (NV).
- When was dnata founded?
- dnata was founded on 02-07-2018.
- Is dnata still active?
- Yes, dnata is an active enterprise in the KBO register.
- How many employees does dnata have?
- dnata had an average of 143.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does dnata fall under?
- In its 31-03-2025 annual accounts, dnata states joint committees 104 (Steel industry) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of dnata?
- The turnover of dnata was €20.2m in financial year 2025, according to the filed annual accounts.
- Is dnata profitable?
- In financial year 2025, dnata made a profit of €931,091.
- Where can I find the annual accounts of dnata?
- dnata filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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